Fox Corp (FOX) is undervalued and Roku Inc (ROKU) is overvalued.
Against our estimates of intrinsic value, FOX trades at the wider discount: a margin of safety of +38%, against -111% for ROKU.
Values as of the 19 Oct 2026 close.
Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $94.32; the price of $58.33 is 38% below that value, and 79% of that value comes from beyond year five.
Leak Score 72/100 on 10 of 12 signals
A 1.7x revenue multiple, discounted for its losses, values the shares at $73.75; the price of $155.54 is 111% above that value.
Leak Score 43/100 on 11 of 12 signals
| Metric | FOX | ROKU |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $58.33 | $155.54 |
| Intrinsic value | $94.32 | $73.75 |
| Margin of safety | +38% | -111% |
| Leak Score | 72/100 (10/12) | 43/100 (11/12) |
| Market cap | $24.6B | $23.1B |
| Revenue growth, 5 years | 5.8% | 21.6% |
| Operating margin | 20.4% | 5.3% |
| Net margin | 9.8% | 6.8% |
| Return on equity | 14.3% | 13.1% |
| Debt to equity | 0.65 | 0.17 |
| P/E | 15.2x | 66.5x |
| Forward P/E | 9.9x | 39.5x |
| P/B | 2.1x | 8.2x |
| Dividend yield | 1.0% | — |