What is Fox Corp worth?
With the base-case assumptions below, a discounted cash flow model on Fox Corp's reported free cash flow gives $59.90 per share. The share price was $63.07 on September 25, 2026, 5% above that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | 1.0% | 10.0% | $34.81 | -45% |
| Base | 6.0% | 9.0% | $59.90 | -5% |
| Bull | 11.0% | 8.0% | $106.75 | +69% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $77.97 | $83.49 | $90.23 | $98.65 | $109.49 |
| 8.0% | $64.49 | $68.07 | $72.29 | $77.37 | $83.56 |
| 9.0% | $54.64 | $57.08 | $59.90 | $63.20 | $67.09 |
| 10.0% | $47.13 | $48.87 | $50.84 | $53.09 | $55.69 |
| 11.0% | $41.23 | $42.50 | $43.93 | $45.53 | $47.35 |
Where the presets come from
Base: years 1 to 5 grow at Fox Corp's revenue growth rate over the last 5 fiscal years (5.8% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions