Formula One Group (FWONK)
Formula One Statistics
Share Statistics
Formula One has 315.33M shares outstanding. The number of shares has increased by -29.06% in one year.
| Shares Outstanding | 315.33M |
| Shares Change (YoY) | -29.06% |
| Shares Change (QoQ) | 7.02% |
| Owned by Institutions (%) | 88.64% |
| Shares Floating | 309.16M |
| Failed to Deliver (FTD) Shares | 1.26K |
| FTD / Avg. Volume | 0.1% |
Short Selling Information
The latest short interest is 4.53M, so 1.44% of the outstanding shares have been sold short.
| Short Interest | 4.53M |
| Short % of Shares Out | 1.44% |
| Short % of Float | 1.48% |
| Short Ratio (days to cover) | 3.88 |
Valuation Ratios
The PE ratio is -741.28 and the forward PE ratio is 70.91. Formula One's PEG ratio is 6.23.
| PE Ratio | -741.28 |
| Forward PE | 70.91 |
| PS Ratio | 6.09 |
| Forward PS | 5 |
| PB Ratio | 3.01 |
| P/FCF Ratio | 45.2 |
| PEG Ratio | 6.23 |
Enterprise Valuation
Formula One Group has an Enterprise Value (EV) of 16.27B.
| EV / Earnings | -542.35 |
| EV / Sales | 4.45 |
| EV / EBITDA | 28.2 |
| EV / EBIT | 56.69 |
| EV / FCF | 33.07 |
Financial Position
The company has a current ratio of 0.32, with a Debt / Equity ratio of 0.4.
| Current Ratio | 0.32 |
| Quick Ratio | 0.32 |
| Debt / Equity | 0.4 |
| Total Debt / Capitalization | 28.82 |
| Cash Flow / Debt | 0.19 |
| Interest Coverage | 1.38 |
Financial Efficiency
Return on equity (ROE) is 0% and return on capital (ROIC) is -4.4%.
| Return on Equity (ROE) | 0% |
| Return on Assets (ROA) | 0% |
| Return on Capital (ROIC) | -4.4% |
| Revenue Per Employee | $563,213.07 |
| Profits Per Employee | $-4,625.35 |
| Employee Count | 6,486 |
| Asset Turnover | 0.31 |
| Inventory Turnover | n/a |
Taxes
| Income Tax | 47M |
| Effective Tax Rate | 2.76 |
Stock Price Statistics
The stock price has increased by 36.3% in the last 52 weeks. The beta is 1.05, so Formula One's price volatility has been higher than the market average.
| Beta | 1.05 |
| 52-Week Price Change | 36.3% |
| 50-Day Moving Average | 92.87 |
| 200-Day Moving Average | 83.78 |
| Relative Strength Index (RSI) | 48.16 |
| Average Volume (20 Days) | 1.3M |
Income Statement
In the last 12 months, Formula One had revenue of 3.65B and earned -30M in profits. Earnings per share was -0.12.
| Revenue | 3.65B |
| Gross Profit | 1.17B |
| Operating Income | 287M |
| Net Income | -30M |
| EBITDA | 577M |
| EBIT | 287M |
| Earnings Per Share (EPS) | -0.12 |
Balance Sheet
The company has 2.63B in cash and 2.99B in debt, giving a net cash position of -361M.
| Cash & Cash Equivalents | 2.63B |
| Total Debt | 2.99B |
| Net Cash | -361M |
| Retained Earnings | 0 |
| Total Assets | 11.76B |
| Working Capital | -6.34B |
Cash Flow
In the last 12 months, operating cash flow was 567M and capital expenditures -75M, giving a free cash flow of 492M.
| Operating Cash Flow | 567M |
| Capital Expenditures | -75M |
| Free Cash Flow | 492M |
| FCF Per Share | 2.05 |
Margins
Gross margin is 31.89%, with operating and profit margins of 7.86% and -0.82%.
| Gross Margin | 31.89% |
| Operating Margin | 7.86% |
| Pretax Margin | 0.47% |
| Profit Margin | -0.82% |
| EBITDA Margin | 15.8% |
| EBIT Margin | 7.86% |
| FCF Margin | 13.47% |
Dividends & Yields
FWONK does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | -0.13% |
| FCF Yield | 1.75% |
Analyst Forecast
The average price target for FWONK is $102, which is 14.1% higher than the current price. The consensus rating is "Buy".
| Price Target | $102 |
| Price Target Difference | 14.1% |
| Analyst Consensus | Buy |
| Analyst Count | 8 |
Stock Splits
The last stock split was on Jul 20, 2023. It was a forward split with a ratio of 1017:1000.
| Last Split Date | Jul 20, 2023 |
| Split Type | forward |
| Split Ratio | 1017:1000 |
Scores
| Altman Z-Score | 2.87 |
| Piotroski F-Score | 5 |