# Liberty Media Corporation Series C Liberty Formula One (FWONK) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Communication Services / Entertainment. Price $95.50, market value $23.9 billion.

## Valuation
- **P/E (trailing): 117.9×**. Liberty Media Corporation Series C Liberty Formula One trades at 117.9× trailing earnings. The Communication Services median in the September 2026 study was 21.1×. Forward P/E is 50.8×, lower than trailing, so analysts expect earnings to grow.
- **Price / sales: 5.5×**. Each dollar of revenue is priced at 5.5×.
- **Price / book: 3.0×**. The shares trade at 3.0× book value; book value is a meaningful part of the valuation.
- **EV / EBITDA: 28.5×**. Enterprise value is 28.5× operating earnings before depreciation, the multiple that ignores how the company is financed; above 20× is demanding.
- **Free-cash-flow yield: 3.5%**. Free cash flow equals 3.5% of the market value.
- **Earnings yield: 0.8%**. The inverse of the P/E: 0.8% of the price is earned each year.

## Profitability
- **Operating margin: 12.1%**. 12.1% of revenue is left after running the business.
- **Net margin: 12.4%**. 12.4% of each dollar of sales reaches the bottom line.
- **Return on equity: 7.2%**. 7.2% on shareholders' equity is weak; the business earns little on the capital its owners have in it.
- **Return on invested capital: 3.5%**. Return on all capital, debt included, is 3.5%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: 2.6%**. Each dollar of assets produces 2.6% of profit.

## Growth
- **Revenue growth (1 yr): 22.7%** (3-yr 12.3%/yr, 5-yr -13.7%/yr). Revenue grew 22.7% over the last year, against -13.7% a year compounded over five years: growth is accelerating.
- **Free-cash-flow growth (3 yr): -29.3%/yr**. Free cash flow has compounded at -29.3% a year over three years.

## Financial health
- **Debt to equity: 0.66**. Debt is 0.66 times equity, moderate leverage.
- **Net debt / EBITDA: 4.1×**. It would take 4.1 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 3.19**. A Z-score of 3.19 places the company in the safe zone for bankruptcy risk.
- **Piotroski F-score: 5/9**. 5 of 9 checks pass: mixed.

## Dividends
- **Dividend: none**. Liberty Media Corporation Series C Liberty Formula One does not currently pay a dividend.

## Price and momentum
- **Total return (1 yr): -4.2%** (YTD -3.1%, 3-mo 8.9%). The shares are down 4.2% over twelve months including dividends.
- **From 52-week high: -12.7%** (19.2% above the low). Trading 13% below its 52-week high.
- **200-day average: above**. The price sits above its 200-day moving average, the usual definition of an uptrend.
- **RSI (14-day): 36**. An RSI of 36 is neutral.
- **Beta (1 yr): 0.27** (volatility 25%). Beta of 0.27 against the S&P 500: the shares move much less than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=FWONK · Page: https://foliofundamentals.com/stocks/fwonk

Not investment advice.