Fox Corp (FOXA) is undervalued and Liberty Media Corp (FWONK) is overvalued.
Against our estimates of intrinsic value, FOXA trades at the wider discount: a margin of safety of +31%, against -125% for FWONK.
Values as of the 19 Oct 2026 close.
Discounting its cash flows at 8.0% (average of 3 methods) values the shares at $94.47; the price of $65.27 is 31% below that value, and 79% of that value comes from beyond year five.
Leak Score 72/100 on 10 of 12 signals
Discounting its cash flows at 8.1% (average of 3 methods) values the shares at $39.94; the price of $89.93 is 125% above that value, and 79% of that value comes from beyond year five.
Leak Score 35/100 on 11 of 12 signals
| Metric | FOXA | FWONK |
|---|---|---|
| Verdict | Undervalued | Overvalued |
| Price | $65.27 | $89.93 |
| Intrinsic value | $94.47 | $39.94 |
| Margin of safety | +31% | -125% |
| Leak Score | 72/100 (10/12) | 35/100 (11/12) |
| Market cap | $27.5B | $22.5B |
| Revenue growth, 5 years | 5.8% | 31.4% |
| Operating margin | 20.4% | 12.4% |
| Net margin | 9.8% | 9.4% |
| Return on equity | 14.3% | 5.8% |
| Debt to equity | 0.65 | 0.65 |
| P/E | 17.0x | 55.6x |
| Forward P/E | 11.2x | 40.8x |
| P/B | 2.4x | 3.0x |
| Dividend yield | 0.9% | — |