Formula One Group
Research Formula One Group (FWONK) on Bullrun: valuation model: 13.9% undervalued, market cap USD 23.58B, P/E 58.1. Explore financials, valuation history, model signals, and stock context.
Key Metrics
- TickerFWONK
- ExchangeNASDAQ
- CountryUnited States
- SectorCommunication Services
- IndustryEntertainment
- CurrencyUSD
- Valuation signal13.9% undervalued
- Market capUSD 23.58B
- P/E58.1
- Financial periodQ2 2026
- RevenueUSD 934.00M
- Net incomeUSD 5.00M
- Free cash flowUSD 271.00M
- Gross margin35.2%
Valuation Snapshot
Bullrun's latest valuation model marks Formula One Group as 13.9% undervalued; latest market cap is USD 23.58B; P/E is 58.1.
Peer valuation comparison
Latest P/E is 58.14x versus a Communication Services sector median of 16.24x (258.1% above).
Latest P/E is 58.14x versus a United States median of 23.85x (143.7% above).
Five-year financial history
| Year | Revenue | Net income | Free cash flow | Gross margin | Diluted EPS | Cash | Total debt | Equity |
|---|---|---|---|---|---|---|---|---|
| FY2025 | USD 4.48B | USD 555.00M | USD 751.00M | 33.7% | 2.15 | USD 1.06B | USD 5.10B | USD 7.76B |
| FY2024 | USD 3.65B | -USD 2.06B | USD 1.36B | 31.9% | -8.6 | USD 2.63B | USD 2.99B | USD 7.03B |
| FY2023 | USD 3.57B | USD 761.00M | USD 2.00B | 37.3% | 0.79 | USD 1.41B | USD 2.91B | USD 6.42B |
| FY2022 | USD 2.57B | USD 558.00M | USD 243.00M | 32.0% | 2.15 | USD 1.73B | USD 2.95B | USD 6.91B |
Valuation history
| Year | Snapshot date | Market cap | P/E | Dividend yield | Annual dividend/share |
|---|---|---|---|---|---|
| 2026 | 2026-10-09 | USD 23.58B | 58.1 | n/a | n/a |
| 2025 | 2025-12-31 | USD 24.67B | 44.7 | n/a | n/a |
| 2024 | 2024-12-31 | USD 23.10B | n/a | n/a | n/a |
| 2023 | 2023-12-29 | USD 14.81B | 21.0 | n/a | n/a |
| 2022 | 2022-12-30 | USD 13.74B | n/a | n/a | n/a |
| 2021 | 2021-12-31 | USD 14.44B | n/a | n/a | n/a |
About Formula One Group
Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship.
ETFs that hold Formula One Group
Formula One Group is one of the ten largest holdings of one ETF that investors in Europe can buy:
| ETF | Weight | TER |
|---|---|---|
| VanEck Smart Home Active UCITS ETF A USD Acc | 4.02% | 0.85% |
Related stock research
Other Communication Services stocks
Frequently asked questions
Is Formula One Group overvalued or undervalued?
Bullrun's valuation model currently marks Formula One Group as 13.9% undervalued.
What is Formula One Group's market cap?
Formula One Group's market capitalization is USD 23.58B.
What is Formula One Group's P/E ratio?
Formula One Group's price-to-earnings (P/E) ratio is 58.1.
What does Formula One Group do?
Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States, the United Kingdom, Spain, and internationally. The company holds commercial rights for the Fédération Internationale de l'Automobile (FIA) Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship.