Comprehensive Stock Comparison

Compare Manchester United plc (MANU) vs Formula One Group (FWONK) Stock

Analyze side-by-side fundamentals, valuation, growth, and profitability to decide which stock is the better buy.

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Quick Verdict

CategoryWinnerWhy
GrowthMANU0.7% revenue growth vs FWONK's -100.0%
ValueFWONKBetter valuation composite
Quality / MarginsFWONK43.8% net margin vs MANU's -1.4%
Stability / SafetyFWONKBeta 0.51 vs MANU's 0.72
DividendsTieNeither pays a meaningful dividend
Momentum (1Y)MANU+22.9% vs FWONK's -5.0%
Efficiency (ROA)FWONK42.6% ROA vs MANU's -0.5%
Bottom line: FWONK leads in 4 of 7 categories, making it the stronger pick for investors who prioritize valuation and capital efficiency and profitability and margin quality. Manchester United plc is the better choice for growth and revenue expansion and recent price momentum and sentiment. As direct sector peers, they can serve as alternatives in the same portfolio allocation.

Who Each Stock Is For

Income & stability

Growth exposure

Long-term compounding (10Y)

Sleep-well-at-night portfolio

Defensive / Recession hedge

Business Model

What each company does and how it makes money

MANUManchester United plc
Communication Services

Manchester United is a global football club that generates revenue through three main streams: commercial sponsorships and merchandising (roughly 45%), broadcasting rights (roughly 35%), and matchday operations at Old Trafford stadium (roughly 20%). Its primary competitive advantage is its massive global brand recognition — built over decades of success — which attracts lucrative sponsorship deals and a worldwide fanbase that purchases merchandise and media content.

FWONKFormula One Group
Communication Services

Formula One Group is the commercial rights holder for the global Formula 1 motorsport championship. It generates revenue primarily from race promotion fees (about 30%), media rights sales (about 35%), and sponsorship deals (about 20%), with the remainder from hospitality and other sources. Its key moat is the exclusive, long-term commercial rights to the world's premier motorsport series — a globally recognized brand with high barriers to entry.

Revenue Breakdown by Segment

How each company's revenue is distributed across its business units

MANUManchester United plc
FY 2025
Commercial
38.7%$333M
Sponsorship
21.9%$188M
Broadcasting
20.1%$173M
Matchday
18.6%$160M
Broadcasting Other
0.7%$6M
FWONKFormula One Group
FY 2024
Formula 1
90.8%$3.3B
Other
9.2%$335M

Financial Metrics Comparison

Side-by-side fundamentals across 2 stocks. BestLagging

Financial Scorecard

FWONK 3MANU 1
Financial MetricsMANU4/6 metrics
Valuation MetricsFWONK1/1 metrics
Profitability & EfficiencyFWONK5/6 metrics
Total ReturnsFWONK4/6 metrics
Risk & VolatilityTie1/2 metrics
Analyst Outlook0/0 metrics

FWONK leads in 3 of 6 categories (Valuation Metrics, Profitability & Efficiency). MANU leads in 1 (Financial Metrics). 1 tied.

Financial Metrics (TTM)

FWONK is the larger business by revenue, generating $1.0B annually — 1.6x MANU's $655M. FWONK is the more profitable business, keeping 43.8% of every revenue dollar as net income compared to MANU's -1.4%.

MetricMANUManchester United…FWONKFormula One Group
RevenueTrailing 12 months$655M$1.0B
EBITDAEarnings before interest/tax$238M$231M
Net IncomeAfter-tax profit-$9M$449M
Free Cash FlowCash after capex-$135M$279M
Gross MarginGross profit ÷ Revenue+64.8%-18.4%
Operating MarginEBIT ÷ Revenue+2.8%-3.4%
Net MarginNet income ÷ Revenue-1.4%+43.8%
FCF MarginFCF ÷ Revenue-20.6%+27.3%
Rev. Growth (YoY)Latest quarter vs prior year-4.2%-2.6%
EPS Growth (YoY)Latest quarter vs prior year+115.1%+100.0%
MANU leads this category, winning 4 of 6 comparable metrics.

Valuation Metrics

MetricMANUManchester United…FWONKFormula One Group
Market CapShares × price$1.0B$20.4B
Enterprise ValueMkt cap + debt − cash$1.8B$19.4B
Trailing P/EPrice ÷ TTM EPS-70.46x
Forward P/EPrice ÷ next-FY EPS est.52.13x
PEG RatioP/E ÷ EPS growth rate
EV / EBITDAEnterprise value multiple6.76x
Price / SalesMarket cap ÷ Revenue1.13x
Price / BookPrice ÷ Book value/share11.93x
Price / FCFMarket cap ÷ FCF26.83x22.48x
FWONK leads this category, winning 1 of 1 comparable metric.

Profitability & Efficiency

On the Piotroski fundamental quality scale (0–9), MANU scores 5/9 vs FWONK's 3/9, reflecting solid financial health.

MetricMANUManchester United…FWONKFormula One Group
ROE (TTM)Return on equity-4.8%
ROA (TTM)Return on assets-0.5%+42.6%
ROICReturn on invested capital-2.0%
ROCEReturn on capital employed-2.1%-0.5%
Piotroski ScoreFundamental quality 0–953
Debt / EquityFinancial leverage3.33x
Net DebtTotal debt minus cash$559M-$1.1B
Cash & Equiv.Liquid assets$86M$1.1B
Total DebtShort + long-term debt$645M$0
Interest CoverageEBIT ÷ Interest expense0.62x3.35x
FWONK leads this category, winning 5 of 6 comparable metrics.

Total Returns (with DRIP)

A $10,000 investment in FWONK five years ago would be worth $20,766 today (with dividends reinvested), compared to $9,677 for MANU. Over the past 12 months, MANU leads with a +22.9% total return vs FWONK's -5.0%. The 3-year compound annual growth rate (CAGR) favors FWONK at 11.6% vs MANU's -4.6% — a key indicator of consistent wealth creation.

MetricMANUManchester United…FWONKFormula One Group
YTD ReturnYear-to-date+14.1%-6.6%
1-Year ReturnPast 12 months+22.9%-5.0%
3-Year ReturnCumulative with dividends-13.2%+39.1%
5-Year ReturnCumulative with dividends-3.2%+107.7%
10-Year ReturnCumulative with dividends+34.6%+269.5%
CAGR (3Y)Annualised 3-year return-4.6%+11.6%
FWONK leads this category, winning 4 of 6 comparable metrics.

Risk & Volatility

FWONK is the less volatile stock with a 0.51 beta — it tends to amplify market swings less than MANU's 0.72 beta. A beta below 1.0 means the stock typically moves less than the S&P 500. MANU currently trades 91.7% from its 52-week high vs FWONK's 83.8% drawdown — a narrower gap to the peak suggests stronger recent price momentum.

MetricMANUManchester United…FWONKFormula One Group
Beta (5Y)Sensitivity to S&P 5000.72x0.51x
52-Week HighHighest price in past year$19.65$109.36
52-Week LowLowest price in past year$12.05$75.26
% of 52W HighCurrent price vs 52-week peak+91.7%+83.8%
RSI (14)Momentum oscillator 0–10054.344.7
Avg Volume (50D)Average daily shares traded275K1.5M
Evenly matched — MANU and FWONK each lead in 1 of 2 comparable metrics.

Analyst Outlook

Wall Street rates MANU as "Hold" and FWONK as "Buy". Consensus price targets imply 30.2% upside for FWONK (target: $119) vs -0.3% for MANU (target: $18).

MetricMANUManchester United…FWONKFormula One Group
Analyst RatingConsensus buy/hold/sellHoldBuy
Price TargetConsensus 12-month target$17.95$119.25
# AnalystsCovering analysts1024
Dividend YieldAnnual dividend ÷ price
Dividend StreakConsecutive years of raises11
Dividend / ShareAnnual DPS
Buyback YieldShare repurchases ÷ mkt cap0.0%0.0%
Insufficient data to determine a leader in this category.

Historical Charts

Charts are rendered on first load. Hover for details.

Chart 1Total Return — 5 Years (Rebased to 100)

StockMar 20Feb 26Change
Manchester United p… (MANU)10097.24-2.8%
Formula One Group (FWONK)100230.02+130.0%

Formula One Group (FWONK) returned +108% over 5 years vs Manchester United p… (MANU)'s -3%. A $10,000 investment in FWONK 5 years ago would be worth $20,766 today (including dividends reinvested).

Chart 2Revenue Growth — 10 Years

Stock20162025Change
Manchester United p… (MANU)$515M$667M+29.3%
Formula One Group (FWONK)$0.00$0.00

Manchester United plc's revenue grew from $515M (2016) to $667M (2025) — a 2.9% CAGR. Formula One Group's revenue grew from $0M (2016) to $0M (2025) — a 0.0% CAGR.

Chart 3Net Margin Trend — 10 Years

Stock20162025Change
Manchester United p… (MANU)7.1%-5.0%-170.2%
Formula One Group (FWONK)14.3%-0.8%-105.7%

Manchester United plc's net margin went from 7% (2016) to -5% (2025).

Chart 4P/E Ratio History — 3 Years

Stock20172023Change
Formula One Group (FWONK)27.8101.8+266.2%

Formula One Group has traded in a 27x–102x P/E range over 3 years; current trailing P/E is ~102x.

Chart 5EPS Growth — 10 Years

Stock20162025Change
Manchester United p… (MANU)0.22-0.19-186.4%
Formula One Group (FWONK)1.020-100.0%

Manchester United plc's EPS grew from $0.22 (2016) to $-0.19 (2025) — a NaN% CAGR. Formula One Group's EPS grew from $1.02 (2016) to $0.00 (2025) — a -100% CAGR.

Chart 6Free Cash Flow — 5 Years

2021
$-31M
$464M
2022
$-27M
$243M
2023
$-76M
$193M
2024
$-123M
$492M
2025
$28M
$908M
Manchester United p… (MANU)Formula One Group (FWONK)

Manchester United plc generated $28M FCF in 2025 (+189% vs 2021). Formula One Group generated $908M FCF in 2025 (+96% vs 2021).

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MANU vs FWONK: Frequently Asked Questions

8 questions · data-driven answers · updated daily

01

Is MANU or FWONK a better buy right now?

Analysts rate Formula One Group (FWONK) a "Buy" — based on 24 analyst ratings — the highest consensus in this comparison. The "better buy" depends entirely on your goals: growth investors should weight revenue trajectory, value investors should weight P/E and PEG, and income investors should weight dividend yield and streak.

02

Which is the better long-term investment — MANU or FWONK?

Over the past 5 years, Formula One Group (FWONK) delivered a total return of +107.7%, compared to -3.2% for Manchester United plc (MANU). A $10,000 investment in FWONK five years ago would be worth approximately $21K today (assuming dividends reinvested). Over 10 years, the gap is even starker: FWONK returned +269.5% versus MANU's +34.6%. Past returns do not guarantee future results, and the stock with the higher historical return may already have its best growth priced in.

03

Which is safer — MANU or FWONK?

By beta (market sensitivity over 5 years), Formula One Group (FWONK) is the lower-risk stock at 0.51β versus Manchester United plc's 0.72β — meaning MANU is approximately 42% more volatile than FWONK relative to the S&P 500.

04

Which has better profit margins — MANU or FWONK?

Formula One Group (FWONK) is the more profitable company, earning 43.8% net margin versus -5.0% for Manchester United plc — meaning it keeps 43.8% of every revenue dollar as bottom-line profit. Operating margin tells a similar story: MANU leads at -2.8% versus -3.4% for FWONK. At the gross margin level — before operating expenses — MANU leads at 82.3%, reflecting greater pricing power or product mix advantage. Stronger margins indicate durable pricing power, lower cost of revenue, or higher mix of software/services. They are one of the clearest signs of business quality.

05

Is MANU or FWONK more undervalued right now?

Analyst consensus price targets imply the most upside for FWONK: 30.2% to $119.25.

06

Which pays a better dividend — MANU or FWONK?

None of the stocks in this comparison currently pay a material dividend. All are effectively zero-yield and should be held for capital appreciation rather than income.

07

Is MANU or FWONK better for a retirement portfolio?

For long-horizon retirement investors, Formula One Group (FWONK) is the stronger choice — it scores higher on the combination of lower volatility, dividend reliability, and long-term compounding (low volatility (β 0.51), +269.5% 10Y return). Both have compounded well over 10 years (FWONK: +269.5%, MANU: +34.6%), confirming both are viable long-term holds — but the lower-volatility option typically results in less emotional selling during corrections. Retirement portfolios generally favour predictability over maximum returns. Consult a financial advisor before making allocation decisions.

08

What are the main differences between MANU and FWONK?

Both stocks operate in the Communication Services sector, making this a peer-level intra-sector comparison — the same macro tailwinds and headwinds will affect both. These fundamental differences mean investors should not choose between them on a single metric — the "better stock" depends entirely on which of these characteristics aligns with your investment strategy.

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MANU

Quality Business

  • Sector: Communication Services
  • Market Cap > $100B
  • Gross Margin > 38%
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FWONK

Quality Mega-Cap Compounder

  • Sector: Communication Services
  • Market Cap > $100B
  • Net Margin > 26%
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Revenue Growth>
%
(MANU: -4.2% · FWONK: -257.8%)