Company Valuation: News Corporation

Data adjusted to current consolidation scope
Fiscal Period: June 2022 2023 2024 2025 2026 2027 2028 2029
Market Cap 1 9,165 11,200 15,854 17,674 14,072 16,146 - -
Change - 22.21% 41.55% 11.48% -20.38% 14.74% - -
Enterprise Value (EV) 1 10,412 12,334 16,803 17,233 13,966 16,033 15,561 15,058
Change - 18.47% 36.23% 2.56% -18.96% 14.8% -2.94% -3.23%
P/E 14.8x 75x 59.9x 14.4x 24.1x 22.6x 19.7x 17.4x
PBR 1.11x 1.39x 1.94x 1.92x 1.58x 1.72x 1.59x 1.48x
PEG - -1x 0.8x 0x -0.5x 0.9x 1.3x 1.3x
Capitalization / Revenue 0.88x 1.13x 1.57x 2.09x 1.56x 1.72x 1.66x 1.59x
EV / Revenue 1x 1.25x 1.67x 2.04x 1.55x 1.7x 1.6x 1.49x
EV / EBITDA 6.24x 8.69x 10.9x 12.2x 8.58x 8.9x 7.94x 7.07x
EV / EBIT 10.6x 17.5x 20.9x 18x 12.2x 12.2x 10.5x 9.04x
EV / FCF 12.2x 20.8x 27.9x 30.2x 17.2x 18.5x 15x 13.3x
FCF Yield 8.21% 4.81% 3.58% 3.31% 5.81% 5.4% 6.69% 7.54%
Dividend per Share 2 0.2 0.2 0.2 0.2 0.2 0.2075 0.22 0.22
Rate of return 1.28% 1.03% 0.73% 0.67% 0.81% 0.72% 0.76% 0.76%
EPS 2 1.05 0.26 0.46 2.07 1.03 1.279 1.468 1.661
Distribution rate 19% 76.9% 43.5% 9.66% 19.4% 16.2% 15% 13.2%
Net sales 1 10,385 9,879 10,085 8,452 9,028 9,411 9,738 10,135
EBITDA 1 1,669 1,420 1,539 1,415 1,627 1,802 1,960 2,131
EBIT 1 981 706 805 956 1,142 1,316 1,481 1,666
Net income 1 623 149 266 1,180 573 703.4 790.8 907.5
Net Debt 1 1,247 1,134 949 -441 -106 -113.4 -585.2 -1,088
Reference price 2 15.58 19.50 27.57 29.72 24.83 28.94 28.94 28.94
Nbr of stocks (in thousands) 584,308 572,194 569,376 565,549 543,161 538,936 - -
Announcement Date 8/8/22 8/10/23 8/8/24 8/5/25 8/5/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
22.43x1.69x8.81x0.72% 15.99B
24.2x3.13x15.15x1.44% 10.11B
19.11x2.25x9.89x2.16% 9.72B
14.59x2.55x6.81x4.18% 4.48B
-11.88x6.51x16.87x1.22% 4.35B
91.35x1.46x18.48x0.81% 3.49B
13.79x - - 5.64% 3.17B
9.31x0.57x4.58x3.72% 2.89B
Average 22.86x 2.59x 11.51x 2.49% 6.78B
Weighted average by Cap. 22.00x 2.49x 11.21x 1.89%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield