Formula One Group (FWONK) Financial Ratios
15 years of historical data (2011–2025) · Communication Services · Entertainment
EV/EBITDA
↓
26.89
↓-13% vs avg
5yr avg: 30.86
30Y Low24.5·High37.2
P/FCF
↑
30.29
↓-38% vs avg
5yr avg: 48.97
30Y Low12.9·High76.7
P/B Ratio
↑
2.69
+8% vs avg
5yr avg: 2.48
30Y Low0.6·High3.0
ROE
↑
7.0%
↓+140% vs avg
5yr avg: 2.9%
30Y Low-10%·High58%
Debt/EBITDA
↓
5.14
↓-8% vs avg
5yr avg: 5.60
30Y Low2.2·High15.9
Percentile shows where the current value sits in 30-year historical distribution. Sparklines show 5-year trend.
FWONK Valuation Multiples
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
Formula One Group trades at 42.2x earnings, 17% below its 5-year average of 51.0x, sitting at the 60th percentile of its historical range. Compared to the Communication Services sector median P/E of 15.3x, the stock trades at a premium of 176%. On a free-cash-flow basis, the stock trades at 30.3x P/FCF, 38% below the 5-year average of 49.0x.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Market Cap | $22.7B | $24.6B | $22.2B | $14.8B | $14.3B | $14.4B | $9.7B | $10.4B | $7.0B | $7.1B | $9.9B |
| Enterprise Value | $26.8B | $28.7B | $22.6B | $16.3B | $15.6B | $16.0B | $11.8B | $15.5B | $11.9B | $12.6B | $11.3B |
| P/E Ratio → | 42.21 | 45.82 | — | 79.91 | 27.34 | — | — | — | — | 27.76 | 30.21 |
| P/S Ratio | 5.07 | 5.50 | 6.09 | 4.60 | 5.57 | 6.75 | 8.49 | 5.16 | 3.83 | 3.98 | — |
| P/B Ratio | 2.69 | 2.92 | 3.01 | 2.31 | 2.07 | 2.08 | 1.48 | 1.99 | 1.26 | 1.25 | 1.36 |
| P/FCF | 30.29 | 32.80 | 45.20 | 76.74 | 59.02 | 31.09 | — | 41.76 | 27.58 | — | 26.30 |
| P/OCF | 26.14 | 28.31 | 39.22 | 23.93 | 26.86 | 29.99 | — | 35.51 | 26.13 | — | 26.16 |
P/E links to full P/E history page with 30-year chart
FWONK EV Ratios
Enterprise-value multiples — capital-structure-neutral measures of total business value
Formula One Group's enterprise value stands at 26.9x EBITDA, 13% below its 5-year average of 30.9x. The Communication Services sector median is 9.6x, placing the stock at a 180% premium on an enterprise-value basis.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| EV / Revenue | — | 6.40 | 6.19 | 5.06 | 6.05 | 7.48 | 10.30 | 7.68 | 6.50 | 7.07 | — |
| EV / EBITDA | 26.89 | 28.79 | 35.37 | 24.49 | 29.08 | 36.57 | — | 37.16 | 33.95 | 34.52 | 24.96 |
| EV / EBIT | 44.39 | 37.71 | 100.44 | 38.37 | 38.89 | — | — | — | — | — | — |
| EV / FCF | — | 38.22 | 45.93 | 84.50 | 64.02 | 34.45 | — | 62.12 | 46.78 | — | 30.07 |
FWONK Profitability
Margins and return-on-capital ratios measuring operating efficiency
Formula One Group earns an operating margin of 13.5%, above the Communication Services sector average of 1.6%. Operating margins have expanded from 9.2% to 13.5% over the past 3 years, signaling improving operational efficiency. ROE of 7.0% is modest. ROIC of 4.5% represents below-average returns on invested capital.
Margins
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 24.9% | 24.9% | 31.9% | 30.5% | 32.0% | 30.3% | 14.9% | 31.1% | 30.3% | 31.6% | — |
| Operating Margin | 13.5% | 13.5% | 7.9% | 9.2% | 6.7% | 1.9% | -38.8% | -1.7% | -6.0% | -2.2% | — |
| Net Profit Margin | 12.4% | 12.4% | -0.8% | 5.7% | 21.7% | -8.9% | -52.1% | -15.4% | -8.2% | 14.3% | — |
Return on Capital
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROE | 7.0% | 7.0% | -0.4% | 2.8% | 8.0% | -2.8% | -10.1% | -5.8% | -2.7% | 3.9% | 4.3% |
| ROA | 4.1% | 4.1% | -0.3% | 1.7% | 4.9% | -1.7% | -5.3% | -2.8% | -1.3% | 3.4% | 13.3% |
| ROIC | 4.5% | 4.5% | 2.7% | 2.8% | 1.6% | 0.4% | -3.5% | -0.3% | -0.8% | -0.3% | 3.7% |
| ROCE | 4.8% | 4.8% | 2.9% | 3.0% | 1.7% | 0.4% | -4.1% | -0.3% | -1.0% | -0.6% | 17.6% |
FWONK Leverage & Debt
Solvency and debt-coverage ratios — lower is generally safer
Formula One Group carries a Debt/EBITDA ratio of 5.1x, which is highly leveraged (42% above the sector average of 3.6x). Net debt stands at $4.1B ($5.1B total debt minus $1.1B cash). Interest coverage of 27.2x signals virtually no risk of debt distress — earnings comfortably cover interest obligations.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debt / Equity | 0.61 | 0.61 | 0.40 | 0.45 | 0.42 | 0.52 | 0.57 | 1.08 | 0.91 | 1.02 | 0.22 |
| Debt / EBITDA | 5.14 | 5.14 | 4.68 | 4.36 | 5.51 | 8.31 | — | 13.58 | 14.40 | 15.88 | 3.49 |
| Net Debt / Equity | — | 0.48 | 0.05 | 0.23 | 0.18 | 0.22 | 0.32 | 0.97 | 0.88 | 0.97 | 0.20 |
| Net Debt / EBITDA | 4.08 | 4.08 | 0.56 | 2.25 | 2.27 | 3.56 | — | 12.18 | 13.94 | 15.11 | 3.12 |
| Debt / FCF | — | 5.42 | 0.73 | 7.76 | 5.00 | 3.36 | — | 20.36 | 19.21 | — | 3.76 |
| Interest Coverage | 27.18 | 27.18 | 1.08 | 1.99 | 2.68 | -0.28 | -3.84 | -1.06 | -0.04 | -0.38 | -3.58 |
FWONK Liquidity & Efficiency
Short-term solvency ratios and asset-utilisation metrics
A current ratio of 1.46x means Formula One Group can comfortably meet its short-term obligations, though there is limited excess liquidity. The current ratio has declined from 2.17x to 1.46x over the past 3 years.
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 1.46 | 1.46 | 2.67 | 2.17 | 2.43 | 1.83 | 3.27 | 1.76 | 0.86 | 1.57 | 5.65 |
| Quick Ratio | 1.46 | 1.46 | 2.67 | 2.17 | 2.43 | 1.83 | 3.27 | 1.76 | 0.86 | 1.57 | 5.65 |
| Cash Ratio | 1.12 | 1.12 | 2.33 | 1.79 | 2.08 | 1.60 | 2.43 | 1.38 | 0.44 | 0.92 | 5.42 |
| Asset Turnover | — | 0.29 | 0.31 | 0.31 | 0.23 | 0.18 | 0.10 | 0.18 | 0.17 | 0.15 | — |
| Inventory Turnover | — | — | — | — | — | — | — | — | — | — | — |
| Days Sales Outstanding | — | 18.65 | 11.39 | 13.93 | 17.45 | 11.28 | 38.57 | 12.46 | 21.98 | 17.20 | — |
FWONK Shareholder Yields
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Formula One Group does not currently pay a dividend and has no material buyback yield, reinvesting earnings back into the business. The earnings yield of 2.4% (inverse of P/E) provides a useful comparison to bond yields when assessing the stock's relative attractiveness to fixed income.
Dividends
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Dividend Yield | — | — | — | — | — | — | — | — | — | — | — |
| Payout Ratio | — | — | — | — | — | — | — | — | — | — | — |
Total Shareholder Return Metrics
| Metric | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Yield | 2.4% | 2.2% | — | 1.3% | 3.7% | — | — | — | — | 3.6% | 3.3% |
| FCF Yield | 3.3% | 3.0% | 2.2% | 1.3% | 1.7% | 3.2% | — | 2.4% | 3.6% | — | 3.8% |
| Buyback Yield | 0.0% | 0.0% | 0.0% | 0.1% | 4.3% | 0.4% | 0.7% | 0.2% | 0.0% | 0.0% | 0.1% |
| Total Shareholder Yield | 0.0% | 0.0% | 0.0% | 0.1% | 4.3% | 0.4% | 0.7% | 0.2% | 0.0% | 0.0% | 0.1% |
| Shares Outstanding | — | $250M | $240M | $235M | $244M | $232M | $232M | $231M | $232M | $211M | $321M |
Peer Comparison
Compare FWONK with 10 similar companies in its peer group
| Company | Market Cap | P/E | EV/EBITDA | P/FCF | Gross Margin | Op Margin | ROE | ROIC | Debt/EBITDA |
|---|---|---|---|---|---|---|---|---|---|
 FWONKYou | $23B | 42.2 | 26.9 | 30.3 | 24.9% | 13.5% | 7.0% | 4.5% | 5.1 |
 TKO | $39B | 88.0 | 29.0 | 33.4 | 49.6% | 20.3% | 2.2% | 6.1% | 2.8 |
 MSGE | $3B | 95.4 | 24.1 | 37.3 | 43.2% | 14.3% | — | 9.3% | 6.3 |
 LYV | $40B | -713.5 | 20.4 | 119.3 | 23.0% | 5.9% | 26.4% | 19.7% | 5.6 |
 MSGS | $9B | -398.0 | 551.5 | 101.3 | 27.0% | 1.4% | — | 1.5% | 65.7 |
 DKNG | $13B | -3258.0 | 51.7 | 20.2 | 41.3% | -0.3% | 0.5% | -0.9% | 7.4 |
 PENN | $3B | -3.7 | 14.7 | — | 27.4% | 3.9% | -36.0% | 1.8% | 11.7 |
 WBD | $66B | 90.3 | 13.4 | 21.3 | 28.2% | 3.5% | 2.0% | 1.5% | 4.7 |
 FUBO | $271M | -38.4 | — | — | 11.1% | -2.6% | 11.0% | -3.3% | — |
 SIRI | $9B | 12.5 | 9.2 | 7.6 | 47.0% | 17.2% | 7.1% | 5.2% | 4.7 |
 RACE | $64B | 35.3 | 23.9 | 21.0 | 51.7% | 29.5% | 42.8% | 30.2% | 1.2 |
| Communication Services Median | — | 15.3 | 9.6 | 11.4 | 48.5% | 1.6% | 2.0% | 2.6% | 3.6 |
Peer selection based on competitive and market overlap. Compare multiple stocks →
Download Financial Ratios Data
Includes 30+ ratios · 15 years · Updated daily
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FWONK — Frequently Asked Questions
Quick answers to the most common questions about buying FWONK stock.
What is Formula One Group's P/E ratio?
Formula One Group's current P/E ratio is 42.2x. The historical average is 42.2x. This places it at the 60th percentile of its historical range.
What is Formula One Group's EV/EBITDA?
Formula One Group's current EV/EBITDA is 26.9x. This enterprise value multiple compares the company's total value (equity + debt - cash) to its EBITDA. The historical average is 31.7x.
What is Formula One Group's ROE?
Formula One Group's return on equity (ROE) is 7.0%. The historical average is 6.7%.
Is FWONK stock overvalued?
Based on historical data, Formula One Group is trading at a P/E of 42.2x. This is at the 60th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.
What are Formula One Group's profit margins?
Formula One Group has 24.9% gross margin and 13.5% operating margin. Operating margin between 10-20% is typical for established companies.
How much debt does Formula One Group have?
Formula One Group's Debt/EBITDA ratio is 5.1x, indicating high leverage. A ratio above 4x may signal elevated financial risk.