Formula One Group
NASDAQ:FWONK
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Formula One Group
NASDAQ:FWONK
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Formula One Group
OTC:FWONB
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Intrinsic Value
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Formula One Group and find out whether today’s valuation is cheap or expensive by its own historical standards.
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Fundamental Analysis
What Formula One Group Does
Liberty Media Corp’s FWONA tracking stock gives investors exposure to the Formula One business. The company owns the commercial rights to Formula 1, the global auto-racing series, and makes money from selling media rights, race promotion rights, sponsorships, licensing, and hospitality around the championship. It is not a car maker or a sports team; it sits in the middle of the motorsport value chain and collects fees from the business built around the races.
- Headquarters
- United States of America US
- Employees
- 1 100
- IPO date
- Apr 18, 2016
Formula One Group has no economic moat
Fans can switch to other racing, sports or entertainment without meaningful cost, and broadcasters and sponsors can direct their budgets to those alternatives when contracts come up. The company’s audiences and popularity do not prevent rivals from competing for the same viewers, event attendance and commercial spending.
Read the full moat analysis
Revenue & Expenses Breakdown
Formula One Group
Earnings Waterfall
Formula One Group
The intrinsic value for
Formula One Group (FWONK) under the Base Case is hidden USD.
Compared with the current market price of 106.86 USD, the stock appears hidden.