Formula One Group (FWONA) Stock
Formula One Group is involved in the motorsports industry, conducting business both in the United States and globally. Its primary function is holding the commercial rights to the Formula One World Championship, an extensive motor racing series that unfolds over approximately nine months each year.
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About Formula One Group
Formula One Group is involved in the motorsports industry, conducting business both in the United States and globally. Its primary function is holding the commercial rights to the Formula One World Championship, an extensive motor racing series that unfolds over approximately nine months each year. In this competition, teams contend for the constructors' championship, while individual drivers vie for the drivers' championship. The company was founded in 1950 and maintains its headquarters in Englewood, Colorado. Formula One Group operates as a subsidiary of Liberty Media Corporation.
Formula One Group is led by CEO Stefano Domenicali, employs 6,667 people, headquartered in Englewood, US, publicly traded since 2013.
Formula One Group (FWONA) stock trades at $90.25 with a market capitalization of $22.62B. The stock is valued at a price-to-earnings (P/E) ratio of 36.26, price-to-book of 2.62, price-to-sales of 4.32. Over the past 52 weeks the stock has ranged between $73.70 and $99.52, and currently trades 9.3% below its 52-week high.
On profitability, Formula One Group generates a return on equity (ROE) of 2.73%, return on capital employed of 7.15%, an operating margin of 15.96%, a net profit margin of 17.66%.
In its most recent fiscal year, Formula One Group reported annual revenue of $4.5B, net profit of $555.0M, revenue has compounded at 31.4% a year over the last five years.
The balance sheet shows a debt-to-equity ratio of 0.65, a current ratio of 1.25, total assets of $15.4B, $1.1B in cash and equivalents.
FWONA has an average daily trading volume of 161,801 shares, a beta of 0.67 (less volatile than the overall market).
Official website: www.libertymedia.com/tracking-stocks/formula-one-group