News Corp (NWS) stock analysis
Close on Oct 30, 2026Market cap $17.69BP/E 31.7Yield –
StockData Score
Prices as of Oct 30, 2026How the score works
Solid15 of 30 checks passed
News passes 15 of the 30 checks behind our score; 5 could not be run for lack of data and count as not passed. Each dot in the shape is one check — hover it for the numbers.
- Valuation
- 3/6
- Growth
- 2/6
- Past performance
- 3/6
- Financial health
- 4/6
- Dividend
- 3/6
What stands out
Low debt
Debt is 23.3% of shareholders' equity, under the 40% we consider low.
Earnings grew over 5 years
Net income grew 11.7% a year on average over the last five fiscal years.
EPS growing 10%+ a year
Diluted EPS grew 58.2% a year over the last three fiscal years.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 62.2% of total debt.
What to watch
Margin of safety under 20%
The price is 10.2% above fair value, so there is no margin of safety.
Trading above fair value
The share price of $29.12 is above our fair value estimate of $26.42.
Return on equity under 15%
Return on equity was 6.6% over the last twelve months and averaged 6.7% over five years; we look for 15% on both.
Revenue growing under 10% a year
Revenue grew 4.1% a year over the last three fiscal years, short of the 10% we look for.
Valuation3/6
P/E below its 5-year median
News's P/E of 28.3 is below its own 5-year median of 30.8.
P/E above the industry
News's P/E of 28.3 is above the Printing, Publishing, and Allied Industries median of 19.9.
EV/EBITDA below its 5-year median
News's EV/EBITDA of 10.7 is below its 5-year median of 11.9.
P/B below the industry
News's price-to-book of 1.85 is below the Printing, Publishing, and Allied Industries median of 2.57.
Trading above fair value
The share price of $29.12 is above our fair value estimate of $26.42.
Margin of safety under 20%
The price is 10.2% above fair value, so there is no margin of safety.
Growth2/6
Revenue growing under 10% a year
Revenue grew 4.1% a year over the last three fiscal years, short of the 10% we look for.
EPS growing 10%+ a year
Diluted EPS grew 58.2% a year over the last three fiscal years.
Earnings growth not accelerating
Net income grew -51.4% over the last twelve months, against a 5-year average of 11.7% a year.
Growing faster than the industry
Revenue grew 6.8% over the last twelve months; the Printing, Publishing, and Allied Industries median is 1.1%.
Company guidance
No outlook found in earnings releases from the last twelve months.
Gross margin trend
This company does not report gross profit.
Past performance3/6
Return on equity under 15%
Return on equity was 6.6% over the last twelve months and averaged 6.7% over five years; we look for 15% on both.
Return on invested capital
Needs operating income and invested capital.
Return on equity below the industry
News's return on equity of 6.6% is below the Printing, Publishing, and Allied Industries median of 7.4%.
Earnings grew over 5 years
Net income grew 11.7% a year on average over the last five fiscal years.
Net margin above its 5-year average
Net margin was 6.3% over the last twelve months, against a 5-year average of 6.3%.
Net margin above the industry
News's net margin of 6.3% is above the Printing, Publishing, and Allied Industries median of 4.0%.
Financial health4/6
Low debt
Debt is 23.3% of shareholders' equity, under the 40% we consider low.
Debt falling against equity
Debt to equity fell from 28.2% five years ago to 23.3%.
Debt covered by cash flow
Operating cash flow over the last twelve months equals 62.2% of total debt.
Interest coverage
Interest expense is not reported separately.
Short-term assets cover short-term debts
Current assets are 1.62 times current liabilities.
Bankruptcy risk in the grey zone
The Altman Z-score is 2.18; above 3 is the safe zone and below 1.8 the distress zone.
Dividend3/6
Pays a dividend
News paid dividends worth 0.7% of the share price over the last twelve months.
Yield below Treasuries
The 0.7% yield is below the 4.4% on a 1-year Treasury.
Yield below the top quarter
The top quarter of US dividend payers yield 4.0% or more; News yields 0.7%.
Dividend stability
Fewer than five years of dividend history.
Covered by earnings
Dividends take 35.6% of net income.
Covered by free cash flow
Dividends take 25.2% of free cash flow.
Fair value
How we estimate itOur estimate per share
$26.42
The share price is 10% above this estimate.
| Method | Multiple used | Own 5Y median | Industry median | Value per share | Weight |
|---|---|---|---|---|---|
| P/E | 25.3× | 30.8× | 19.9× | $26.10 | 40% |
| EV/EBITDA | 10.7× | 11.9× | 9.5× | $30.56 | 35% |
| P/B | 2.1× | 1.7× | 2.6× | $33.60 | 10% |
| Earnings power | 9.2% cost of equity | – | – | $12.84 | 15% |
| Fair value | $26.42 | 100% | |||
Valuation over time
Using the earnings and balance sheet published at each date, not today's.
- P/E at month end
- Own 5-year median 30.8
- Printing, Publishing, and Allied Industries median 19.9
An estimate from reported numbers and market multiples, not a price target or investment advice. It can be far off for companies whose profits are about to change sharply.
Market risk
From the past year of daily prices.
Liquidity
Low risk
- Average value traded per day
- $106.64M
- Value traded per 1% price move
- $104.07M
Downside
Low risk
- Typical loss in a bad month
- 13.4%
- Volatility (annualized)
- 26%
- Sharpe ratio, 1 year
- 0.28
- Beta to the S&P 500 (5Y)
- 0.85
Typical bad-month loss, week by week
Margins
Share of revenue, fiscal years 2012 to 2026
Net margin
Growth rates
Compound annual growth to fiscal 2026
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +6.8% | +4.1% | -0.7% | +0.9% | |
| Net income | -51.4% | +56.7% | +11.7% | +12.3% | |
| EPS, diluted | -50.2% | +58.2% | +13.0% | +13.1% | |
| Free cash flow | +42.0% | +23.6% | -0.9% | +2.7% |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2017 | FY2021 | FY2026 | Trend |
|---|---|---|---|---|
| Return on equity | -6.6% | 4.2% | 6.6% | |
| Return on assets | -4.9% | 2.1% | 3.7% | |
| Current ratio | 1.56 | 1.38 | 1.62 | |
| Debt to equity | 0.04 | 0.28 | 0.23 | |
| Capex to revenue | 3.1% | 4.2% | 4.7% | |
| Diluted shares | 581M | 593M | 558M |
Where the cash went
Fiscal 2022 to 2026, five years combined
News generated $5.24B from operations and spent $4.28B on capital expenditure, dividends and share buybacks. 48% of that went back into the business.
DuPont analysis
Return on equity split into margin, efficiency and leverage
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2026 | 6.3% | 0.58× | 1.79× | 6.6% |
| FY2025 | 14.0% | 0.53× | 1.91× | 14.0% |
| FY2024 | 3.2% | 0.49× | 2.08× | 3.3% |
| FY2023 | 1.9% | 0.47× | 2.10× | 1.8% |
| FY2022 | 6.0% | 0.61× | 2.07× | 7.6% |
| FY2021 | 3.5% | 0.60× | 1.96× | 4.2% |
| FY2020 | -14.1% | 0.60× | 1.79× | -15.2% |
| FY2019 | 1.5% | 0.63× | 1.74× | 1.7% |
| FY2018 | -16.8% | 0.58× | 1.54× | -15.1% |
| FY2017 | -9.1% | 0.54× | 1.34× | -6.6% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2026 against fiscal 2025
- ProfitableNet income above zero$573.00M
- Cash generatingOperating cash flow above zero$1.24B
- Return on assets improvedROA up on the prior year7.1% → 3.7%
- Earnings backed by cashOperating cash flow above net income$1.24B vs $573.00M
- Less leverageLong-term debt to assets fell12.5% → 12.8%
- Better liquidityCurrent ratio rose1.84 → 1.62
- No dilutionShare count did not rise570M → 558M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.51 → 0.58