TGM's two-stage DCF values Fox Corporation (FOXA) between $52.98 and $108.43 depending on assumptions, with a base case of $74.31. Growth is taken from the company's own record (5-year revenue CAGR (FCF growth too volatile to use)), fading to 2.5% long-run; the discount rate (7.5%) reflects its beta.
What would today's price require?
$63.74 is justified only if free cash flow grows about +2.5% a year (fading to 2.5% long-run) at a 7.5% required return — slower than the company has actually grown.
| Scenario | FCF growth (fading to 2.5%) | Discount | Value / share |
|---|---|---|---|
| Conservative | 2.8%/yr | 8.5% | $52.98 |
| Base case | 5.8%/yr | 7.5% | $74.31 |
| Optimistic | 8.8%/yr | 6.5% | $108.43 |
| Third-party model estimate (FMP) | independent reference · retrieved Aug 7, 2026 · assumptions not provided | $115.68 | |
The FMP figure is a third-party point estimate. Its cash-flow forecast, discount rate, terminal growth, and valuation date are not included in the stored response, so TGMCharts presents it only as a reference—not as an intrinsic-value conclusion or price target.
Current Price
$63.74
Market-Implied Growth
+2.5%/yr
vs +5.8% 5Y actual
Model Scenario Range
$52.98 – $108.43
model output — not a price target
Edit the assumptions to see how they change the estimated fair value. Opens seeded with TGM's data-driven base case for FOXA (growth from its own 5-year record, discount from its beta), so the sandbox starts where the scenarios above leave off. Illustrative model — not investment advice.
Base inputs: FCF $1.5B · 0.44B shares · net debt $2.4B
Estimated Fair Value
$74.31
+16.6% vs $63.74
How the estimated fair value shifts with the discount rate (WACC) and terminal growth, holding your 5.8%/yr FCF growth and 10-year horizon fixed. Green = above today's $63.74; red = below. Your current case is outlined.
| WACC ↓ / Terminal → | 1.50% | 2.00% | 2.50% | 3.00% | 3.50% |
|---|---|---|---|---|---|
| 5.5% | $98.17 | $111 | $128 | $153 | $189 |
| 6.5% | $77.10 | $84.87 | $94.58 | $107 | $124 |
| 7.5% | $63.06 | $68.18 | $74.31 | $81.81 | $91.16 |
| 8.5% | $53.04 | $56.63 | $60.81 | $65.75 | $71.66 |
| 9.5% | $45.54 | $48.18 | $51.18 | $54.64 | $58.67 |
