News Corp (NWS)
Communication Services · Publishing · US stock · S&P 500 component
$33.77
▼ -0.18 (0.53%)
Fair valueFair
$33 −4.2% to fair value
$16fair band $28–$39$49
Day's range
$33.73 – $34.18
52-week range
$25.49 – $35.76
About News Corp
News Corp is a global media and information services company. Its businesses include Dow Jones, publisher of The Wall Street Journal and Barron's, news media such as The Times and The Sun in the United Kingdom and The Australian, HarperCollins book publishing, and digital real estate services including REA Group and Realtor.com. Readers, advertisers, bookshops and property professionals are its main customers.
Revenue comes from subscriptions and advertising across its news and information products, from book sales, and from real estate listing fees. In the last twelve months it totalled $9.0 billion, growing at 4.1% a year across the last three years. The operating margin is 11.6%, and the business earns a profit of 8% on the capital invested in it. It has net debt of 0.5 times EBITDA. The company pays a dividend with a yield of 0.6%. On the site's X-Ray Score it receives 45 out of 100.
Price chart
52-wk range $25.49 – $35.76Volume 967,065Daily, split-adjusted
Vitals
Market cap$18.9B
52-week range$25.49 – $35.76
Volume (last day)967,065
P/E (TTM)25.5
EBIT / EV yield5.1%
Free-cash-flow yield–
Dividend yield0.6%
Revenue (TTM)$9.0B
Net income (TTM)$743M
Operating margin11.6%
Return on capital7.9%
Debt incl. leases$2.9B
Cash & securities$2.1B
Debt = borrowings plus lease liabilities. Cash & securities = cash, equivalents and short-term marketable securities (long-term securities are not counted, so net cash can be understated for companies that hold large long-term investments). Net debt = debt minus cash & securities. Source: latest SEC 10-Q/10-K. EBIT / EV yield = operating profit divided by market cap plus net debt.
Fair value estimate
$33middle half of models $30 – $37
Fair
−4.2% to fair value
Average of the 15 valuation models that pass our checks: multiples, discounted cash flow, dividend discount and earnings power value. A model more than 100% above or 60% below the price is left out as unrealistic. Model uncertainty is High, based on how far apart the models are. Undervalued or Overvalued means the gap to fair value is more than 17.5%.
Peak-cycle earnings: the current operating margin is more than 1.5x its 7-year average, so multiples applied to today's profit may overstate value; model uncertainty is set to High
Price $34
Undervalued < $28Fair $28 – $39Overvalued > $39
P/E multiple
$34
P/B multiple
$31
P/S multiple
$30
EV/EBITDA multiple
$33
EV/EBIT multiple
$34
EV/revenue multiple
$31
10-year DCF, EBITDA exit
$37
5-year DCF, EBITDA exit
$37
10-year DCF, revenue exit
$37
5-year DCF, revenue exit
$36
10-year DCF, growth exit
$30
5-year DCF, growth exit
$29
Dividend discount, stable
$20
Dividend discount, multi-stage
$39
Earnings power value
$30
Growth the price implies
12.9%/yr
A model estimate, not a price target or recommendation. Inputs: risk-free 5.13%, equity risk premium 4.30% (Damodaran). How it works.
What this means
Weak business, fairly priced
The price sits inside our fair-value band. A high score does not guarantee a good outcome; it shifts the odds a little. Use the checklist as a prompt for your own research.
Before you invest · decision checklist
Ticked boxes are filled in from our data; the rest are yours to answer.
The five-lens scan
Every score explained in one sentence, ranked against Communication Services peers. Open a lens to see the numbers behind it.
Strong: 70 to 100Fair: 50 to 69Weak: under 50No score: not enough data
Valuation
Weak
36/100
Expensive against its sector on earnings and cash flow.
See the numbers →
EBIT / EV yield5.1%
Fair value vs price1.0×
Growth
Weak
48/100
Growing slower than most of its sector.
See the numbers →
Revenue growth (3y)4.1%
EPS growth (3y)58.2%
Growth consistency80%
Profitability
Weak
37/100
Earns lower returns on its capital than most peers.
See the numbers →
Return on invested capital7.9%
Operating margin11.6%
Financial health
Fair
52/100
Balance sheet is in typical shape for its sector.
See the numbers →
Piotroski F-Score5 / 9
Net debt / EBITDA0.5×
Interest coverNo interest cost
Dividends
Fair
67/100
Dividend is typical for its sector.
See the numbers →
Dividend yield0.6%
Dividend growth5.4%
Quarterly results: last 6 quarters
+0.8%
Mar '25
+0.8%
Jun '25
+2.3%
Sep '25
+5.5%
Dec '25
+8.8%
Mar '26
+10.8%
Jun '26
Revenue against the same quarter a year earlier. Latest quarter revenue $2.3B.
SWOT analysis: News Corp
Strengthsinside the company
- Earnings per share have compounded at 58.2% a year over three years.
- Operating profit covers interest 50x, so debt costs are a small drag.
Weaknessesinside the company
- Operating margin of 11.6% is thin against 19.8% for sector peers.
Opportunitiesvaluation and setting
- Our Market Compass rates the backdrop for Communication Services as favourable.
- Price momentum is strong on the weekly and monthly signals (trends can reverse).
Threatsvaluation and setting
- Valuation uncertainty is high: the models give widely different values, so the fair value range is wide.
Written by fixed rules from the figures on this page and the peer table below: filings, our fair value, the sector climate and the price trend. It summarises the data, it is not a forecast or advice.
Compare NWS with peers and sector
Medians of 17 Communication Services peers and of 17 Communication Services stocks in our universe.
Largest peers (X-Ray Score): GOOG 50, META 58, NFLX 58, CCZ 48, DIS 56, VZ 49.
| Metric | NWS | Peers | Sector |
|---|---|---|---|
| X-Ray Score (out of 100) | 45 | 52 | 52 |
| Valuation | 36 | 54 | 54 |
| Growth | 48 | 55 | 55 |
| Profitability | 37 | 54 | 54 |
| Financial health | 52 | 51 | 51 |
| Dividends | 67 | 46 | 46 |
Sector leaders: highest X-Ray Score in Communication Services
NWS ranks #14 of 18 in Communication Services by X-Ray Score. A higher score is stronger on our five pillars; it is a ranking of facts, not a forecast.
Green means better than the peer median, red worse (only where a higher or lower figure is clearly better). A dash means too few companies report the figure. P/E, EV/EBITDA and price changes are not graded: a different level is not good or bad by itself.
Factor ratings for NWS
Each factor is rated by where NWS stands among the 18 Communication Services stocks in our universe.
Rating against the sector
Goodthe top third of these stocks
Averagethe middle third of these stocks
Badthe bottom third of these stocks
"Beats" is the share of those stocks it is ahead of.
Against its own history
The last columns set today's figure against the company's own median of its last five financial years:
▲ Betterbetter than its usual level
▼ Worseworse than its usual level
≈ In linewithin its usual range
For valuation factors Good means cheaper than most of the sector and Better means cheaper than usual for this company, which is not the same as a bargain.
In total: 3 Good · 7 Average · 6 Bad of 16
Growth: 1 · 2 · 0
Profitability: 0 · 0 · 4
Financial strength: 1 · 2 · 1
Valuation: 1 · 2 · 1
Efficiency: 0 · 1 · 0
| Factor | NWS | Rating | Sector median | Own 5-year median | Against own history |
|---|---|---|---|---|---|
| Growth | |||||
| Revenue growth, 3 years a year | +4.1% | Average beats 36% | +5.6% | – | – |
| Revenue growth, last year | +6.8% | Average beats 47% | +7.7% | +2.4% | ▲ Better |
| EPS growth, 3 years a year | +58.2% | Good beats 95% | +6.6% | – | – |
| Profitability | |||||
| Operating margin | 11.6% | Bad beats 25% | 19.3% | 9.9% | ▲ Better |
| Net margin | 8.2% | Bad beats 25% | 10.6% | 8.2% | ≈ In line |
| Return on invested capital | 7.9% | Bad beats 19% | 10.4% | – | – |
| Return on equity | 8.7% | Bad beats 25% | 17.9% | 8.7% | ≈ In line |
| Financial strength | |||||
| Net debt / EBITDA | 0.5x | Average beats 59% | 1.4x | 0.2x | ▼ Worse |
| Interest cover | 50.0x | Good beats 78% | 11.8x | – | – |
| Current ratio | 1.62 | Average beats 64% | 1.10 | 1.43 | ▲ Better |
| Piotroski F-score | 5 / 9 | Bad beats 22% | 6 / 9 | – | – |
| Valuation | |||||
| P/E ratio | 25.5x | Bad beats 26% | 20.8x | 21.1x | ▼ Worse |
| Price / book | 2.2x | Good beats 69% | 2.8x | 1.8x | ▼ Worse |
| Price / sales | 2.1x | Average beats 42% | 2.0x | 1.7x | ▼ Worse |
| EV / EBITDA | 13.4x | Average beats 50% | 13.4x | 13.8x | ≈ In line |
| Efficiency | |||||
| Days sales outstanding | 71 days | Average beats 34% | 47 days | 65 days | ≈ In line |
These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the X-Ray Score. A factor is left out when its data is missing or meaningless (for example a P/E on negative earnings). A dash in the history columns means fewer than three usable years.
Fundamentals checklist
● 1 Good · ● 7 Average · ● 4 BadCash quality
Risk models
Altman Z''Average
Piotroski F-ScoreBad
Growth
EPS growth (3y)Average
Revenue growth (3y)Average
Growth consistencyAverage
Balance sheet
Current ratioAverage
Net debt / EBITDAAverage
Interest coverGood
Valuation
Fair value vs priceBad
EBIT / EV yieldAverage
Profitability
Return on invested capitalBad
Operating marginBad
Each check is graded against the company's sector, not a fixed number. Checklist score 42/100.
Financials
| FY22 | FY23 | FY24 | FY25 | FY26 | |
|---|---|---|---|---|---|
| Revenue | $8.4B | $8.0B | $8.3B | $8.5B | $9.0B |
| Operating income | $837M | $380M | $585M | $923M | $1.0B |
| Net income | $760M | $187M | $354M | $1.3B | $743M |
| Operating cash flow | $1.4B | $1.1B | $1.1B | – | – |
| Operating margin | 9.9% | 4.7% | 7.1% | 10.9% | 11.6% |
| Free cash flow | $1.0B | $745M | $741M | – | – |
| Diluted EPS | $1.05 | $0.26 | $0.46 | $2.07 | $1.03 |
Fiscal years, from SEC filings.
Technical summary
Daily
Strongly bullish
12 bullish · 1 neutral · 3 bearish
Weekly
Strongly bullish
11 bullish · 1 neutral · 0 bearish
Monthly
Strongly bullish
7 bullish · 1 neutral · 0 bearish
Moving averages (daily)
| SMA 10 | 33.06 | Bullish |
| EMA 10 | 33.13 | Bullish |
| SMA 20 | 32.41 | Bullish |
| EMA 20 | 32.82 | Bullish |
| SMA 50 | 33.07 | Bullish |
| EMA 50 | 32.59 | Bullish |
| SMA 100 | 31.88 | Bullish |
| EMA 100 | 31.98 | Bullish |
| SMA 200 | 30.29 | Bullish |
| EMA 200 | 31.22 | Bullish |
Oscillators (daily)
| RSI (14) | 61.83 | Neutral |
| MACD (12, 26) | 0.27 | Bullish |
| Momentum (12) | 7.14 | Bullish |
| Stochastic %K (14) | 86.17 | Bearish |
| Williams %R (14) | -13.83 | Bearish |
| CCI (20) | 149.7 | Bearish |
Pivot points (classic, last session)
S3 33.16 | S2 33.44 | S1 33.61 | Pivot 33.89 | R1 34.06 | R2 34.34 | R3 34.51 |
Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.
Dividends
Paid, last 12 months
0.20 USD
Yield on today's price
0.59%
Frequency
Semi-annual
Next ex-dividend date
Not announced
| Ex-dividend date | Amount per share |
|---|---|
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 | |
| 0.1000 |
Ex-dividend dates and amounts from EODHD. Shown as declared, before tax.
ETFs that hold NWS
| ETF | Share of the fund |
|---|---|
| XLC Communication Services Select Sector S... | 0.41% |
| VOX Vanguard Communication Services | 0.22% |
| DON WisdomTree U.S. MidCap Dividend | 0.11% |
| RPV Invesco S&P 500 Pure Value | 0.10% |
| VBR Vanguard Small-Cap Value | 0.07% |
| DFAT DFA Investment Dimensions Group Inc. | 0.07% |
| FMDE Fidelity Enhanced Mid Cap | 0.07% |
| RSP Invesco S&P 500 Equal Weight | 0.05% |
The eight funds with the largest weight in NWS among the ETFs we cover, from each fund's latest SEC Form N-PORT (quarter-end positions, so they can be months old). All ETFs.
NWS SEC filings
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Other events
8-KSEC EDGAR
Other events
Where the numbers come from
Statements SEC EDGAR filings (10-K, 10-Q), quarters derived from year-to-date figures.
Prices end-of-day closes, split-adjusted.
Industry inputs beta, multiples and equity risk premium from Damodaran Online (NYU Stern).
StocksXray is for education only and is not financial advice. Scores and fair values are model estimates from public filings and carry uncertainty.