Formula One Group
FWONKFormula One Group's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it.
The sharpest disagreement: the price moved −8.0% in a year while annual EPS moved −121.1% — the difference is re-rating, and re-rating has to be repaid with earnings.
The price is between stages while the P/E sits at the 44th percentile of its own 1-year range. Underneath, the last four quarters read improving — profit −41.7% year on year, and 155% of the last 2 years' profit arrived as cash. What settles it: whether earnings grow into a price that has already moved.
Price story Before the numbers, the tape. A stock price moves through four repeating seasons: a flat base (stage 1), an advance (2), a top (3), a decline (4). Where the price sits in that cycle frames everything below.
Formula One Group trades at $95.4, between stages. That is +3.4% against its own 200-day average. It sits at 59% of a 52-week range of $81 to $105. On relative strength it has been ahead of the S&P 500 on a trailing-13-week view for 10 straight weeks.
Today the stock is between stages. At $95.4 it trades +3.4% versus its 200-day average and sits at 59% of its 52-week range ($81–$105).
Against the market, two honest reads. Cumulative: over the last 1.2 years the stock moved −8% while the S&P 500 moved +21% — behind the index over the full window. Recent form: on a trailing-13-week view the stock has been ahead for 10 straight weeks — the ribbon below is that same metric, week by week.
What would end the trend, mechanically: two Friday closes in a row below the 200-day line. That is the exit rule — no debates.
Valuation P/E is the price of $1 of annual profit: how many dollars the market pays for each dollar the company earns in a year.
Formula One Group trades at 107.2× P/E, mid-range by its own standards (44th percentile). Its long-run median P/E is 109.1×, measured across 0.8 years of weekly readings. This places the multiple against the stock’s own record, and says nothing about what the business is worth.
Today's P/E of 107.2× is mid-range by its own standards (44th percentile), against a long-run median of 109.1× measured over 0.8 years of weekly readings. This is a comparison against the stock's own history — not a claim about what it is worth.
One caveat before moving on: margins are the best this company has ever printed — cheap against its own history on record margins is not the same thing as cheap. If profitability mean-reverts, today's multiple is higher than it looks.
🚨 Why the multiple sits where it does: over the past year annual EPS moved −121.1% against a −8.0% price move — the price outran earnings, pushing the multiple UP its own range.
Put together: the multiple is unremarkable against its own past, so the story rests on the earnings line underneath it, not the multiple.
Stage: Turning around Every business sits somewhere on a fundamental arc, and this page names the spot before anything else. The last twelve quarters of revenue, profit and EPS growth — plus the return the business earns on its capital — are read as curves: Deteriorating (the curves are falling), Turning around (a trough has just formed and the last few quarters lift off it), Improving (the climb off the trough is sustained), Consistent (steadily positive with healthy returns), Topping out (still high but decelerating from the peak). When the curves genuinely disagree the read is Mixed; too little history is No read. CAGR (compound annual growth rate) is the smooth yearly pace that turns the starting value into the latest one — the fairest way to compare growth across different time spans. Read the columns together: if the 1-year number towers over the 10-year, recent growth is running hotter than the long-run trend. A dash means that window is not held, or the base year was a loss (where a growth rate is not meaningful).
Formula One Group reads as turning around on its fundamental arc. Turning around — profit growth swung from −115.8% at the trough to −21.4% off a 2-quarter-old trough, ROCE holding at 2.1%. The read is built from 12 quarters across 4 curves, on full evidence.
Why it matters: growth inflections are where re-ratings start — the curves say a turn is forming, so the question becomes whether the next quarters confirm it.
| 1yr | 3yr | 5yr | 10yr | |
|---|---|---|---|---|
| Revenue | +13.4% | +19.5% | — | — |
| Stock price | −8.0% | — | — | — |
4-Factor Sector Score
41.5/100 — rank 28 of 28 in Entertainment · 47% evidence confidence · provisional, ranked below fully-evidenced peers
Formula One Group scores 41.5 out of 100 against the 28 companies it is compared with in Entertainment, ranking 28. Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral.
The four contributions add to the total exactly: 17 + 9.8 + 9.9 + 4.8 = 41.5. This is the SAME number shown on the sector comparison — it is computed once, for the whole peer set, and read here.
What would change it: The read weakens if profit growth turns negative or margin improvement reverses while sector-relative strength deteriorates.
Revenue Revenue is the top line: everything the company billed its customers in the period.
Formula One Group reported $1.1 B of revenue in the Sep 25 quarter, +18.7% year on year. That is the 2nd straight quarter of year-on-year growth. Over 4 years it has compounded at 33.5% a year. The last full year, FY24, came in at $3.6 B. The last four reported quarters add to $4.0 B.
FY24 revenue came in at $3.6 B (+13.4% on the year), capping 4 years at 33.5% compound. The latest quarter (Sep 25) printed $1.1 B, +18.7% year on year — the 2nd consecutive quarter of year-over-year growth.
Pace check: the last four quarters averaged +6.4% growth against the decade's 33.5% — the current year is running slower than its own long-run rate.
Acceleration check: trailing-twelve-month revenue grew +8.6% over the last 4 quarters against +21.4%/yr over the last 8 — rolling over; TTM profit −21.4% vs −33.7%/yr — accelerating.
Operating margin Operating margin is what is left of every $100 of sales after running the business, before interest and tax. It is the cleanest read on pricing power and cost control.
Formula One Group's operating margin is 15.7% in the Sep 25 quarter, +3.6 percentage points against the same quarter a year ago. That is the widest this company has ever printed on a full-year basis. Across 5 fiscal years the operating margin has ranged −38.3% to 10.7%. The current quarter is running above every full year in that window.
The latest quarter's operating margin is 15.7%, +3.6 pp against the same quarter a year ago. Across 5 fiscal years the operating margin has ranged −38.3%–10.7%, and FY24's 10.7% is the top of that band — a record year.
Why the margin moved: operating margin went +3.6 pp year on year while gross margin went +3.7 pp — the gain came mostly from the gross line: input costs and pricing.
Worth repeating from the valuation section: cheap against its own history on record margins is not the same thing as cheap — a record margin flatters every ratio built on top of it.
Net profit Net profit is what survives every cost, interest and tax — the number EPS, dividends and book value all grow from.
Formula One Group earned $0.1 B of net profit in the Sep 25 quarter, −41.7% year on year. The full FY24 year was a loss of $0.03 B. That is 6.5% of the quarter's revenue. The same quarter a year earlier earned $0.1 B. 2 of the last 12 reported quarters were loss-making.
Sep 25 profit was $0.1 B, −41.7% year on year. On the full year, FY24 printed $−0.0 B (−116.7%).
🚨 Why profit moved: revenue contributed +18.7% and the margin +3.6 pp — the quarter was margin-led: most of the profit growth came from keeping more of each sale.
Pace comparison, last four quarters: profit +291.6% vs revenue +6.4%. Profit is growing faster than sales — fixed costs are being spread over a bigger base, and each extra dollar of revenue drops more to the bottom line.
Cash flow — the router The P&L says what was earned; the cash-flow statement says what actually arrived. Operating cash flow (CFO) against profit is the cleanest lie detector in the accounts.
Over the last 2 fiscal years 155% of Formula One Group's reported profit arrived as operating cash — the cash follows the profit. In FY24 that was $0.6 B of operating cash against $−0.0 B of profit. After $0.1 B of capital spending, $0.5 B was left as free cash.
FY24: operating cash of $0.6 B against reported profit of $−0.0 B, leaving free cash of $0.5 B after $0.1 B of capital spending. Across the last 2 fiscal years the conversion rate is 155% of profit.
Cash-flow readings here are annual — that is the resolution our series carries, so this section moves once a year.
Why: conversion is measured cleanly, but the working-capital day-counts behind it sit below what we hold — the move is shown without inventing its driver.
Router verdict: the visible cash user is investment — the next section checks what the spending is buying.
Where the cash goes Working capital is the cash tied up between paying suppliers and getting paid: debtor days (customers owe), inventory days (stock waits), and the cash conversion cycle (the whole loop, in days of sales).
Formula One Group does not report the debtor, inventory and payable day-counts a cash cycle is built from, so this section reads the investment side instead. Capital spending ran $1.0 B over the last 3 years. Averaged over those years that is 9.1% of FY24 revenue a year.
Working-capital day-counts are not in our numbers for this stock, so this section reads the investment side — where the cash is being put to work.
On the investment side: capital spending of $1.0 B over the last 3 fiscal years.
The synthesis: the cash is going into capacity, not disappearing into the cycle — the question becomes whether the new capacity earns.
Return on equity Return on equity (ROE) is the profit the business earns on its shareholders’ money. With the full capital-employed split not in our numbers, ROE is the cleanest long ladder we can draw here.
Formula One Group earns a ROE of −0% in FY24. That is up from a trough of −9% in FY20. Return on invested capital clears the cost of that capital by −3.6 percentage points, so growth here is not yet paying for the capital it uses. The wiring behind it is −0.8% net margin on 0.31× asset turns.
FY24 ROE is −0%, recovered from a FY20 trough of −9% — the full ladder below shows the fall and the climb, undoctored.
🚨 Why the return is what it is — the wiring (FY24): −0.8% net margin × 0.31× asset turns × 1.59× balance-sheet leverage ≈ −0.4% on equity. Margin does its share; leverage is modest — this is an earned return, not a borrowed one.
The capstone test — ROIC − WACC: 3.4% − 7.0% = a −3.6 pp spread. The 7.0% is an estimate of this company's own cost of capital — read the sign and the size of the spread, not the decimals. Negative — growth at these returns destroys value until the returns recover.
Dividend
Formula One Group pays no dividend. Across the last 12 reported quarters it has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings rather than distribute them, which makes the cash-flow and reinvestment sections the place that cash shows up.
Formula One Group does not currently pay a dividend. Across the last 12 reported quarters the company has declared no dividend per share, so there is no payout history to chart and no yield to quote. Companies at this stage typically reinvest earnings instead of distributing them.
Debt Debt-to-equity says how much of the business is funded by borrowings. Low is the safe corner; the trend matters as much as the level.
Formula One Group carries total debt of $5.0 B against shareholder equity of $8.4 B as of Mar 26, a debt-to-equity of 0.60. On the annual view that ratio went from 0.57 in FY20 to 0.60 in FY25. Read the returns elsewhere on this page with that leverage in mind.
Mar 26: total debt of $5.0 B against shareholder equity of $8.4 B — a debt-to-equity of 0.60. On the annual view, debt-to-equity went from 0.57 (FY20) to 0.60 (FY25). Read the returns on this page with that leverage in mind.
Ownership There is no quarter-by-quarter holder register to read here, so we read the crowd through short interest — the slice of tradable shares currently sold short, positioned for a fall.
3.4% of Formula One Group's tradable float is currently sold short — some money is positioned against it. At typical trading volumes those positions would take about 4.3 days to buy back. There is no quarter-by-quarter holder register to read for this filer, so the crowd is read through short interest instead.
The latest reading: 3.4% of the float is sold short, and at typical trading volumes it would take about 4.3 days to buy those positions back. Some money is positioned against it. This is a single point-in-time reading — we do not yet hold its history, so we show no trend chart.
Why it sits there: who is doing the shorting, and why, does not travel with the number — the level is shown without inventing its story.
Safety line The Z-score estimates how far a company sits from balance-sheet distress — above roughly 3 is safe, below roughly 1.8 is the danger zone. It was built for manufacturers, so it is not applied to banks and lenders.
Formula One Group: the Z-score is not available for this stock, so we say so rather than invent one. It is a distance-to-distress estimate from the balance sheet, not a forecast of failure. The debt, cash-flow and return sections above carry the balance-sheet evidence this page does hold, and each of them states its own reporting date.
The safety line in one sentence: the Z-score is not available for this stock, so we say so rather than invent one.
| Company | Score | Price stage | Growth & earnings/35 | Capital efficiency/25 | Valuation/20 | Relative strength/20 |
|---|---|---|---|---|---|---|
| 1Netflix, Inc.NFLX | 69.2/100Favorable setup85% evidence | BASING | 26.6/35 Revenue 16% · PAT 33.2% · OPM change -0.7 pp 95% evidence | 21.9/25 ROCE 31% · OPM 33.4% 76% evidence | 15.1/20 P/E 22× · PEG 0.61 65% evidence | 5.6/20 RS sector -28.6% · RS bench -21.8% · 1Y -37.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 26.6 + 21.9 + 15.1 + 5.6 = 69.2 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -28.6% and the one-year return is -37.7%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 2Roku, Inc.ROKU | 64.7/100Mixed-positive evidence67% evidence | LEADER | 26.4/35 Revenue 18.5% · PAT — · OPM change 14.3 pp 71% evidence | 12.6/25 ROCE 8.9% · OPM 12.2% 76% evidence | 9.6/20 P/E 57.4× · PEG — 15% evidence | 16.1/20 RS sector 15.6% · RS bench 25.2% · 1Y 52.4%11 of 12 weeks ahead 100% evidence |
| Exact sum: 26.4 + 12.6 + 9.6 + 16.1 = 64.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 3Fox CorporationFOXA | 58.7/100Mixed-positive evidence85% evidence | TURNING | 18.3/35 Revenue 5.1% · PAT -25.5% · OPM change 0.7 pp 95% evidence | 19.1/25 ROCE 17.5% · OPM 25.2% 76% evidence | 12.7/20 P/E 12.3× · PEG 1.5 65% evidence | 8.6/20 RS sector -10.6% · RS bench -2.4% · 1Y 9.1%2 of 12 weeks ahead 100% evidence |
| Exact sum: 18.3 + 19.1 + 12.7 + 8.6 = 58.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 4The Walt Disney CompanyDIS | 56.3/100Mixed-positive evidence85% evidence | BREAKING OUT | 17.4/35 Revenue 4.6% · PAT -26.4% · OPM change 3.6 pp 95% evidence | 16.4/25 ROCE 9.1% · OPM 19.3% 76% evidence | 15.7/20 P/E 19.9× · PEG 0.52 65% evidence | 6.8/20 RS sector -13.1% · RS bench -5.1% · 1Y -6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 17.4 + 16.4 + 15.7 + 6.8 = 56.3 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 5The Marcus CorporationMCS | 55.2/100Thin evidence · provisional58% evidence | LEADER | 18.6/35 Revenue — · PAT — · OPM change 1.2 pp 45% evidence | 8.5/25 ROCE 3.2% · OPM -12.5% 76% evidence | 10.2/20 P/E 33× · PEG — 15% evidence | 17.9/20 RS sector 26% · RS bench 36.1% · 1Y 76.1%11 of 12 weeks ahead 100% evidence |
| Exact sum: 18.6 + 8.5 + 10.2 + 17.9 = 55.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 6IMAX CorporationIMAX | 54.3/100Thin evidence · provisional58% evidence | BREAKING OUT | 15.8/35 Revenue — · PAT — · OPM change -7.1 pp 45% evidence | 11.4/25 ROCE 3.1% · OPM 12.2% 76% evidence | 9.7/20 P/E 55.4× · PEG — 15% evidence | 17.4/20 RS sector 15.1% · RS bench 24.9% · 1Y 62.9%10 of 12 weeks ahead 100% evidence |
| Exact sum: 15.8 + 11.4 + 9.7 + 17.4 = 54.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 7Cinemark Holdings, Inc.CNK | 54.2/100Thin evidence · provisional58% evidence | FADING | 20.7/35 Revenue — · PAT — · OPM change 7.3 pp 45% evidence | 11.0/25 ROCE 6.4% · OPM 3.7% 76% evidence | 10.9/20 P/E 18.8× · PEG — 15% evidence | 11.6/20 RS sector 2.4% · RS bench 11% · 1Y 23.3%7 of 12 weeks ahead 100% evidence |
| Exact sum: 20.7 + 11 + 10.9 + 11.6 = 54.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 8Sirius XM Holdings Inc.SIRI | 53.3/100Thin evidence · provisional58% evidence | TURNING | 18.3/35 Revenue — · PAT — · OPM change 3 pp 45% evidence | 12.9/25 ROCE 1.9% · OPM 21.7% 76% evidence | 11.2/20 P/E 11.8× · PEG — 15% evidence | 10.9/20 RS sector 0.4% · RS bench 9% · 1Y 23.5%7 of 12 weeks ahead 100% evidence |
| Exact sum: 18.3 + 12.9 + 11.2 + 10.9 = 53.3 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 9Warner Music Group Corp.WMG | 51.7/100Mixed-positive evidence81% evidence | BASING | 24.1/35 Revenue 12.6% · PAT 8.4% · OPM change 3.9 pp 83% evidence | 14.8/25 ROCE 4.5% · OPM 15.2% 76% evidence | 7.4/20 P/E 30× · PEG 2.79 65% evidence | 5.4/20 RS sector -17.4% · RS bench -9.8% · 1Y -15.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 24.1 + 14.8 + 7.4 + 5.4 = 51.7 · Decision use: Acceleration candidate, not a confirmed leader: earnings are strong but sector-relative strength is -17.4% and the one-year return is -15.6%. Do not upgrade until sector-relative strength is above zero and another reported period confirms growth. | ||||||
| 10Sphere Entertainment Co.SPHR | 48.6/100Thin evidence · provisional58% evidence | FADING | 22.3/35 Revenue — · PAT — · OPM change 29.9 pp 45% evidence | 5.2/25 ROCE -3.1% · OPM 1.9% 76% evidence | 9.3/20 P/E 66× · PEG — 15% evidence | 11.8/20 RS sector 9.2% · RS bench 18.1% · 1Y 141.9%4 of 12 weeks ahead 100% evidence |
| Exact sum: 22.3 + 5.2 + 9.3 + 11.8 = 48.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 11AMC Global Media Inc.AMCX | 48.2/100Thin evidence · provisional52% evidence | LEADER | 12.9/35 Revenue — · PAT — · OPM change -5.8 pp 45% evidence | 7.9/25 ROCE 0.5% · OPM 5.8% 76% evidence | 11.4/20 P/E 11.3× · PEG — 15% evidence | 16.0/20 RS sector 15.9% · RS bench 25.7% · 1Y 44.5%12 of 12 weeks ahead 70% evidence |
| Exact sum: 12.9 + 7.9 + 11.4 + 16 = 48.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 12Atlanta Braves Holdings, Inc.BATRA | 45.1/100Mixed-negative evidence61% evidence | TURNING | 20.0/35 Revenue 12.5% · PAT — · OPM change 36.9 pp 62% evidence | 4.1/25 ROCE -3.3% · OPM -57.3% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 11.0/20 RS sector -1.6% · RS bench 6.9% · 1Y 22.7%0 of 12 weeks ahead 100% evidence |
| Exact sum: 20 + 4.1 + 10 + 11 = 45.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 13News CorporationNWS | 42.8/100Mixed-negative evidence75% evidence | BREAKING OUT | 16.7/35 Revenue 4.3% · PAT -4.8% · OPM change 1.2 pp 83% evidence | 10.8/25 ROCE 1.6% · OPM 9.3% 76% evidence | 6.0/20 P/E 36.1× · PEG 3.87 65% evidence | 9.3/20 RS sector -4.4% · RS bench 4.1% · 1Y -1.4%5 of 12 weeks ahead 70% evidence |
| Exact sum: 16.7 + 10.8 + 6 + 9.3 = 42.8 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 14Manchester United plcMANU | 42.0/100Thin evidence · provisional55% evidence | FADING | 17.8/35 Revenue 5.9% · PAT — · OPM change 2.3 pp 62% evidence | 6.3/25 ROCE 0.6% · OPM 2.7% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 7.9/20 RS sector -7% · RS bench 1% · 1Y 31.4%8 of 12 weeks ahead 70% evidence |
| Exact sum: 17.8 + 6.3 + 10 + 7.9 = 42 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 15Paramount Skydance CorporationPSKY | 40.6/100Mixed-negative evidence64% evidence | TURNING | 14.9/35 Revenue 1.1% · PAT — · OPM change 0.8 pp 62% evidence | 9.3/25 ROCE 1.8% · OPM 8.4% 76% evidence | 10.3/20 P/E 31.5× · PEG — 15% evidence | 6.1/20 RS sector -20.7% · RS bench -13.2% · 1Y -41.2%1 of 12 weeks ahead 100% evidence |
| Exact sum: 14.9 + 9.3 + 10.3 + 6.1 = 40.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 16TKO Group Holdings, Inc.TKO | 40.2/100Mixed-negative evidence85% evidence | ASLEEP | 19.9/35 Revenue 5.1% · PAT 76.5% · OPM change -0.3 pp 95% evidence | 12.9/25 ROCE 3.1% · OPM 27.8% 76% evidence | 4.6/20 P/E 70.6× · PEG 3.98 65% evidence | 2.8/20 RS sector -15.9% · RS bench -8.3% · 1Y -4.3%0 of 12 weeks ahead 100% evidence |
| Exact sum: 19.9 + 12.9 + 4.6 + 2.8 = 40.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 17Live Nation Entertainment, Inc.LYV | 39.7/100Mixed-negative evidence85% evidence | ASLEEP | 12.4/35 Revenue 10.8% · PAT -68.2% · OPM change -0.1 pp 95% evidence | 12.0/25 ROCE 5.1% · OPM 6.8% 76% evidence | 8.1/20 P/E 118.4× · PEG 2.08 65% evidence | 7.2/20 RS sector -7.2% · RS bench 0.9% · 1Y 4.5%8 of 12 weeks ahead 100% evidence |
| Exact sum: 12.4 + 12 + 8.1 + 7.2 = 39.7 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 18Madison Square Garden Entertainment Corp.MSGE | 37.1/100Mixed-negative evidence81% evidence | LEADER | 7.3/35 Revenue 4.5% · PAT -62.9% · OPM change -4.8 pp 83% evidence | 10.0/25 ROCE 3.8% · OPM 6.5% 76% evidence | 7.0/20 P/E 57.8× · PEG 2.7 65% evidence | 12.8/20 RS sector 10% · RS bench 19.2% · 1Y 75.7%10 of 12 weeks ahead 100% evidence |
| Exact sum: 7.3 + 10 + 7 + 12.8 = 37.1 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 19Madison Square Garden Sports Corp.MSGS | 35.0/100Mixed-negative evidence64% evidence | TURNING | 9.0/35 Revenue 1.5% · PAT -675% · OPM change -7.1 pp 62% evidence | 5.7/25 ROCE 0.2% · OPM 0.5% 76% evidence | 8.5/20 P/E 927.2× · PEG — 15% evidence | 11.8/20 RS sector 8.9% · RS bench 18% · 1Y 84.4%8 of 12 weeks ahead 100% evidence |
| Exact sum: 9 + 5.7 + 8.5 + 11.8 = 35 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 20Lionsgate Studios Corp.LION | 34.6/100Adverse evidence61% evidence | ASLEEP | 8.3/35 Revenue 1.8% · PAT — · OPM change -12.4 pp 62% evidence | 10.7/25 ROCE 4.2% · OPM 13% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 5.6/20 RS sector -5% · RS bench 2.8% · 1Y 64.9%4 of 12 weeks ahead 100% evidence |
| Exact sum: 8.3 + 10.7 + 10 + 5.6 = 34.6 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 21Reservoir Media, Inc.RSVR | 34.0/100Adverse evidence81% evidence | ASLEEP | 15.4/35 Revenue 10.8% · PAT -12.5% · OPM change -0.4 pp 83% evidence | 10.6/25 ROCE 1.4% · OPM 24.8% 76% evidence | 4.0/20 P/E 75.3× · PEG 8.29 65% evidence | 4.0/20 RS sector -8.5% · RS bench -0.6% · 1Y 19.6%0 of 12 weeks ahead 100% evidence |
| Exact sum: 15.4 + 10.6 + 4 + 4 = 34 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 22Warner Bros. Discovery, Inc.WBD | 31.2/100Adverse evidence75% evidence | BREAKING OUT | 11.5/35 Revenue -6% · PAT -589.7% · OPM change 4.6 pp 95% evidence | 5.8/25 ROCE 0.3% · OPM 2.7% 76% evidence | 8.8/20 P/E 99.4× · PEG — 15% evidence | 5.1/20 RS sector -8.1% · RS bench 0.1% · 1Y 45.2%1 of 12 weeks ahead 100% evidence |
| Exact sum: 11.5 + 5.8 + 8.8 + 5.1 = 31.2 · Decision use: Balanced evidence: keep at normal research priority and require another comparable period before raising conviction. | ||||||
| 23AMC Entertainment Holdings, Inc.AMC | 55.2/100Thin evidence · provisional49% evidence | ASLEEP | 20.8/35 Revenue — · PAT — · OPM change 12.5 pp 45% evidence | 8.1/25 ROCE 3.8% · OPM -4.4% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 16.3/20 RS sector 16.8% · RS bench 26.7% · 1Y -11.6%9 of 12 weeks ahead 70% evidence |
| Exact sum: 20.8 + 8.1 + 10 + 16.3 = 55.2 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 24Angel Studios, Inc.ANGX | 49.7/100Thin evidence · provisional47% evidence | BREAKING OUT | 22.0/35 Revenue — · PAT — · OPM change 68.5 pp 39% evidence | 3.8/25 ROCE -14.5% · OPM -2.3% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 13.9/20 RS sector 6% · RS bench 15.9% · 1Y -11.7%11 of 12 weeks ahead 70% evidence |
| Exact sum: 22 + 3.8 + 10 + 13.9 = 49.7 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 25Liberty Live Holdings, Inc.LLYVK | 48.5/100Thin evidence · provisional36% evidence | ASLEEP | 17.6/35 Revenue — · PAT — · OPM change -4.7 pp 15% evidence | 13.3/25 ROCE 18.7% · OPM -27.2% 57% evidence | 11.5/20 P/E -70.3× · PEG — 15% evidence | 6.1/20 RS sector -9.2% · RS bench -1.2% · 1Y 1.8%0 of 12 weeks ahead 70% evidence |
| Exact sum: 17.6 + 13.3 + 11.5 + 6.1 = 48.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 26Starz Entertainment Corp.STRZ | 48.4/100Thin evidence · provisional47% evidence | FADING | 17.9/35 Revenue — · PAT — · OPM change -5.2 pp 39% evidence | 3.5/25 ROCE -254.9% · OPM -49.8% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 17.0/20 RS sector 32.8% · RS bench 42.6% · 1Y 82.4%9 of 12 weeks ahead 70% evidence |
| Exact sum: 17.9 + 3.5 + 10 + 17 = 48.4 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 27Versant Media Group, Inc.VSNT | 43.6/100Thin evidence · provisional48% evidence | ASLEEP | 8.3/35 Revenue -4% · PAT -34.7% · OPM change -3 pp 83% evidence | 15.3/25 ROCE 3.9% · OPM 26.2% 76% evidence | 10.0/20 P/E — · PEG — 0% evidence | 10.0/20 RS sector — · RS bench — · 1Y —0 of 12 weeks ahead 0% evidence |
| Exact sum: 8.3 + 15.3 + 10 + 10 = 43.6 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
| 28Formula One Groupthis pageFWONK | 41.5/100Thin evidence · provisional47% evidence | FADING | 17.0/35 Revenue — · PAT — · OPM change 3.5 pp 32% evidence | 9.8/25 ROCE 0.5% · OPM 15.9% 76% evidence | 9.9/20 P/E 44.4× · PEG — 15% evidence | 4.8/20 RS sector -12.6% · RS bench -4.8% · 1Y -8%6 of 12 weeks ahead 70% evidence |
| Exact sum: 17 + 9.8 + 9.9 + 4.8 = 41.5 · Decision use: Fill the missing evidence before acting; the ranking is deliberately pulled toward neutral. | ||||||
Missing observations are not scored as bad. Their missing weight lowers confidence and pulls the final score toward neutral. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led S&P 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step curve the sector itself is placed on — basing, turning, breaking out, leader, fading, asleep — read from how many weeks running it has led S&P 500 and whether that lead is widening or shrinking. It describes where the PRICE stands, not the earnings trajectory and not a recommendation, and it is left blank for a company whose weekly history is too short or too stale to read.
Frequently asked questions
What is Formula One Group's stock price today?
Formula One Group trades at $95.4, −8.0% over the past year. The company is valued at $24.0 B. The stock sits at 59% of its 52-week range of $81–$105, +3.4% versus its 200-day average. Against the S&P 500 it has been ahead on a trailing-13-week view for 10 weeks. — as of 17 September 2026.
What were Formula One Group's latest quarterly results?
Formula One Group reported revenue of $1.1 B and net profit of $0.1 B for the Sep 25 quarter. Revenue rose 18.7% and profit fell 41.7% year on year. Earnings per share were $0.24. The operating margin was 15.7%, 3.6 pp higher than a year earlier. — as of 17 September 2026.
What is Formula One Group's revenue?
Formula One Group reported revenue of $1.1 B in the Sep 25 quarter, +18.7% year on year. For the full FY24 fiscal year, revenue was $3.6 B (+13.4%). Over the last 4 years revenue compounded at 33.5% a year. — as of 17 September 2026.
What is Formula One Group's profit?
Formula One Group earned $0.1 B of net profit in the Sep 25 quarter, −41.7% year on year. Full-year FY24 profit was $−0.0 B. The operating margin ran 15.7% in the latest quarter. — as of 17 September 2026.
What is Formula One Group's market cap?
Formula One Group's market capitalisation is $24.0 B at a stock price of $95.4. Market cap is the share price multiplied by shares outstanding, so it is restated whenever the price moves. — as of 17 September 2026.
What is Formula One Group's P/E ratio?
Formula One Group trades at a P/E of 107.2×, at the 44th percentile of its own 1-year range, against a long-run median of 109.1×. This is a comparison with the stock's own history, not a value call — as of 17 September 2026.
Does Formula One Group pay a dividend?
No — Formula One Group has declared no dividend per share in any of its last 12 reported quarters, so there is no payout history and no yield to quote. That is a reading of the filed statements, not an estimate. — as of 17 September 2026.
Is Formula One Group overvalued?
On its own history, Formula One Group looks mid-range: its P/E of 107.2× sits at the 44th percentile of its 1-year range (long-run median 109.1×). That is a percentile read against the stock's own past, not a price opinion or a direction call. One caveat: margins are the best this company has ever printed — cheap on record margins is not the same thing as cheap. — as of 17 September 2026.
Is Formula One Group growing?
Yes — Formula One Group is growing: latest-quarter revenue +18.7% year on year, profit −41.7%, and the margin +3.6 pp at 15.7%. The earnings engine currently reads: improving — as of 17 September 2026.
How is Formula One Group performing?
Formula One Group's latest readings are below. Its latest quarter's revenue rose 18.7% and profit fell 41.7% year on year. Against the S&P 500 it has been ahead on a trailing-13-week view for 10 weeks. This describes what the data did, not a rating. — as of 17 September 2026.
What stage is Formula One Group in?
Turning around — profit growth swung from −115.8% at the trough to −21.4% off a 2-quarter-old trough, ROCE holding at 2.1%. The read comes from the last 12 quarters of growth (revenue growth +8.6% latest, profit growth −21.4% latest, eps growth −29.5% latest) plus the ROCE curve, classified by deterministic rules — a trajectory read, not a buy or sell call — as of 17 September 2026.
Is Formula One Group beating the market?
On recent form, yes — Formula One Group has been ahead of the S&P 500 on a trailing-13-week view for 10 straight weeks, the same metric the week-by-week ribbon on this page draws. Separately, on the cumulative view: over the last 1.2 years the stock moved −8% against the S&P 500's +21% — behind the index over the full window. — as of 17 September 2026.
Will Formula One Group's stock price go up?
This page publishes no price forecast for Formula One Group. What it measures instead: the stock price is $95.4. Its P/E of 107.2× sits at the 44th percentile of its own 1-year range. Direction is not something this site claims to know. — as of 17 September 2026.
Is the market betting against Formula One Group?
Somewhat — short interest is 3.4% of Formula One Group's tradable float, about 4.3 days to cover at typical volumes. A moderate reading: some money is positioned against it. With no quarter-by-quarter holder register here, short interest is the cleanest crowd read we hold — as of 17 September 2026.
Does Formula One Group have too much debt?
It is moderate — Formula One Group's debt-to-equity is 0.60. A year-by-year borrowings ladder is not in our numbers for this stock, so the latest reading is the cleanest hold. Read the returns on this page with that leverage in mind — as of 17 September 2026.
What is Formula One Group's capex?
Formula One Group spent $1.0 B on capital expenditure over the last 3 fiscal years, a figure derived from the change in fixed assets plus depreciation. In FY24 alone that was $0.1 B. — as of 17 September 2026.
What is Formula One Group's cash flow?
Formula One Group generated $0.6 B of operating cash flow in FY24 and $0.5 B of free cash flow after $0.1 B of capital spending. Reported profit that year was $−0.0 B, so operating cash ran ahead of profit. — as of 17 September 2026.
Is Formula One Group's profit real cash?
Yes — over the last 2 fiscal years, 155% of Formula One Group's reported profit arrived as operating cash. Though the latest year ran at -1900% — the trend is the thing to watch. In FY24, operating cash was $0.6 B against reported profit of $−0.0 B. The cash then goes mostly into building capacity. Cash-flow resolution is annual — as of 17 September 2026.
Where is Formula One Group in its business cycle?
Formula One Group's FY24 operating margin was 10.7%, against a 5-year band of −38.3%–10.7%: the top of the band — a record year. Record profitability is late-cycle territory: every ratio flatters at the top, and the story leans on margins holding. The latest quarter ran 15.7%. Profitability versus a company's own long band is the cleanest cycle clock this page holds — as of 17 September 2026.
What could break the Formula One Group story?
The sharpest disagreement: the price moved −8.0% in a year while annual EPS moved −121.1% — the difference is re-rating, and re-rating has to be repaid with earnings. Mechanically, two Friday closes in a row below the 200-day average would end the price trend — that is the exit rule this page tracks — as of 17 September 2026.
Is Formula One Group a stock worth studying right now?
This is not investment advice. The machine read: Formula One Group's three tracks disagree. Price, valuation and the earnings engine each tell a different story — the next quarter or two settles it. The sharpest open question: whether earnings grow into a price that has already moved. Every number on this page is drawn deterministically from the raw series, with no forecasts and no price opinions — as of 17 September 2026.
Not SEBI Registered !! Not Investment advice !!