NEWS CORPORATION (NWS)
Share Price Analysis and Chart

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NWS - NEWS CORPORATION

FNArena Sector : Print, Radio & TV
Year End: June
GICS Industry Group : Media
Debt/EBITDA: 2.57
Index: ASX200 | ASX300 | ALL-ORDS

News Corp is an American mass media and publishing organisation. Its Australian division, News Ltd, owns the majority of Australian newspapers and magazines and is a majority shareholder in REA Group and Foxtel. It has been listed in current form since 2013. Owns the Wall Street Journal and Dow Jones in the USA.

LAST PRICE CHANGE +/- CHANGE % VOLUME

$49.70

18 Nov
2024

0.130

OPEN

$49.30

0.26%

HIGH

$49.70

106,612

LOW

$49.07

TARGET
$48.767 -1.9% downside
OTHER COMPANIES IN THE SAME SECTOR
A1N . GTN . NEC . SKT . SWM . SXL .
FNARENA'S MARKET CONSENSUS FORECASTS
NWS: 1
Title FY25
Forecast
FY26
Forecast
EPS (cps) 120.1 xxx
DPS (cps) 32.7 xxx
EPS Growth N/A xxx
DPS Growth N/A xxx
PE Ratio 40.6 xxx
Dividend Yield 0.7% xxx
Div Pay Ratio(%) 27.2% xxx
This company reports in USD.
All estimates have been converted into AUD by FNArena at present FX values.

Dividend yield today if purchased 3 years ago: 0.95%

DIVIDEND YIELD CALCULATOR

Dividend Yield Today On Last Actual Payout :

0.63

Estimated Dividend Growth
(Average Of Past Three Years)

 %

Amount Invested

Tell Me The Dividend After This Many Years

Past performance is no guarantee for the future. Investors should take into account that heavy swings in share price or exceptional circumstances (a la 2009) can have a significant impact on short term calculations and averages

Last ex-div: 10/09 - (franking ex-di

HISTORICAL DATA ARE ALL IN AUD
Copyright © 2024 FactSet UK Limited. All rights reserved
Title 201920202021202220232024
EPS Basic xxxxxxxxxxxxxxx71.1
DPS All xxxxxxxxxxxxxxx30.2
Sales/Revenue xxxxxxxxxxxxxxx15,390.2 M
Book Value Per Share xxxxxxxxxxxxxxx6,384.9
Net Operating Cash Flow xxxxxxxxxxxxxxx1,675.6 M
Net Profit Margin xxxxxxxxxxxxxxx2.64 %

EPS Basic

DPS All

Sales/Revenue

Book Value Per Share

Net Operating Cash Flow

Net Profit Margin

Title 201920202021202220232024
Return on Capital Employed xxxxxxxxxxxxxxx3.34 %
Return on Invested Capital xxxxxxxxxxxxxxx2.24 %
Return on Assets xxxxxxxxxxxxxxx1.61 %
Return on Equity xxxxxxxxxxxxxxx3.34 %
Return on Total Capital xxxxxxxxxxxxxxx6.30 %
Free Cash Flow ex dividends xxxxxxxxxxxxxxx656.2 M

Return on Capital Employed

Return on Invested Capital

Return on Assets

Return on Equity

Return on Total Capital

Free Cash Flow ex dividends

Title 201920202021202220232024
Short-Term Debt xxxxxxxxxxxxxxx256 M
Long Term Debt xxxxxxxxxxxxxxx5,813 M
Total Debt xxxxxxxxxxxxxxx6,069 M
Goodwill - Gross xxxxxxxxxxxxxxx7,765 M
Cash & Equivalents - Generic xxxxxxxxxxxxxxx2,935 M
Price To Book Value xxxxxxxxxxxxxxx0.68

Short-Term Debt

Long Term Debt

Total Debt

Goodwill - Gross

Cash & Equivalents - Generic

Price To Book Value

Title 201920202021202220232024
Capex xxxxxxxxxxxxxxx756.9 M
Capex % of Sales xxxxxxxxxxxxxxx4.92 %
Cost of Goods Sold xxxxxxxxxxxxxxx8,834 M
Selling, General & Admin. Exp & Other xxxxxxxxxxxxxxx5,318 M
Research & Development xxxxxxxxxxxxxxx-
Investments - Total xxxxxxxxxxxxxxx665 M

Capex

Capex % of Sales

Cost of Goods Sold

Selling, General & Admin. Exp & Other

Research & Development

Investments - Total

EXPERT VIEWS
Display All Commentary

Sentiment Indicator

0.5

No. Of Recommendations

4
BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Ord Minnett

xx/xx/xxxx

3

xxxx

$xx.xx

xx.xx%

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UBS

xx/xx/xxxx

3

xxxxxxx

$xx.xx

xx.xx%

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Macquarie

13/08/2024

1

Outperform

$49.00

-1.41%

News Corp reported better than consensus 4Q24 earnings and in line with Macquarie's forecasts, with strong results from books and real estate.

Management served up a "cautious" outlook for FY25, the broker notes, including a buyer's interest in Foxtel and the content sharing with OpenAI, valued at US$50m per annum for five years.

Macquarie tweaks EPS estimates by -3% for FY25 and -7% for FY26 based on higher operating expenses for Dow Jones.

The target price is revised to $49 from $46 and Outperform rating retained.

FORECAST
Macquarie forecasts a full year FY25 dividend of 30.15 cents and EPS of 120.61 cents.
Macquarie forecasts a full year FY26 dividend of 48.39 cents and EPS of 150.76 cents.

Morgan Stanley

xx/xx/xxxx

1

xxxxxxxxxx

-

xx.xx%

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EXTRA COVERAGE
Display All Commentary

No. Of Recommendations

2

Please note: unlike Broker Call Report, BC Extra is not updated daily. The info you see might not be the latest. FNArena does its best to update ASAP.

BROKER DATE RATING RECOMMENDATION TARGET PRICE % TO REACH TARGET COMMENTARY

Goldman Sachs

xx/xx/xxxx

1

xxx

$xx.xx

xx.xx%

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Jarden

06/11/2024

2

Initiation of coverage with Overweight

$45.80

-7.85%

Jarden initiates coverage on News Corp with an Overweight rating and target price at $45.80, seeing it as a preferred play to REA Group ((REA)) given a lower standalone valuation. 

The REA Group stake represents 66-73% of News Corp's  market value, though Jarden estimates the market under-appreciates News Corp's Dow Jones and Book Publishing assets, which show resilient growth potential.

The analyst believes Dow Jones is a "hidden gem" for the company with an increasing weighting towards business-to-business customers.

FORECAST
Jarden forecasts a full year FY25 dividend of 30.15 cents and EPS of 118.05 cents.
Jarden forecasts a full year FY26 dividend of 30.15 cents and EPS of 139.76 cents.

NWS STOCK CHART