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News Corporation (NWS)

NEUTRAL
Communication ServicesEntertainmentUnited States

基本面

59

价格

$35.09

市值

$18.66B

第一部分 · 这家公司值多少

概览

News Corporation owns a collection of separate media businesses: Dow Jones (The Wall Street Journal, Barron's, and financial data and risk-compliance tools), Digital Real Estate Services (majority stakes in REA Group in Australia and Move/Realtor.com in the US), Book Publishing (HarperCollins) and News Media (The Times, The Sun, The Australian, New York Post). Rupert Murdoch's family controls the company through a dual-class share structure that gives it outsized voting power relative to its economic ownership.

盈利方式

Each segment monetizes differently: Dow Jones sells subscriptions to the Journal and to risk-and-compliance data products, and licenses financial data to institutions. Digital Real Estate earns fees from real-estate agents who pay to list and promote properties online. Book Publishing earns a share of each book sold. News Media still leans on advertising and subscriptions, but advertising's share of total company revenue has fallen to about 15% as digital subscriptions and real-estate and data fees have grown to dominate.

分部营收

Dow Jones27.7%

The Wall Street Journal, Barron's, financial newswires and risk-and-compliance data products sold mainly by subscription.

Book Publishing25.3%

HarperCollins publishes and distributes fiction, non-fiction and children's books worldwide, earning a share of each copy sold.

News Media24.7%

Newspapers and news websites including The Times, The Sun, The Australian and the New York Post, funded by advertising and subscriptions.

Digital Real Estate Services22.3%

Majority-owned real-estate listing platforms — REA Group in Australia and Move/Realtor.com in the US — earning fees from agents and developers.

护城河

品牌 · 狭窄

Mastheads like The Wall Street Journal and long-established real-estate platforms like REA Group and Realtor.com built trust and traffic over decades that a new entrant cannot buy quickly, especially in real estate where the largest listing site tends to attract the most agents and buyers in a reinforcing loop. But each individual business — newspapers, books, real estate listings — faces its own capable direct competitors, so the advantage is uneven across the portfolio.

需求驱动因素

中度周期性

Digital subscriptions to the Journal and book sales are relatively steady household spending that survives most downturns. Digital Real Estate Services is more exposed to the housing cycle: fewer homes listed for sale means fewer agents paying for premium placement, so a housing slowdown in Australia or the US flows fairly directly into that segment's revenue.

主要风险

  • Controlling shareholder structure — A dual-class share structure gives the Murdoch family voting control well beyond its economic ownership stake, and disagreement among family members over the company's direction is a disclosed source of uncertainty.
  • Housing market exposure at Digital Real Estate — REA Group and Move earn fees tied to property listings and agent spending, so a slowdown in home sales in Australia or the US directly reduces this segment's revenue.
  • Structural decline in print advertising — Print advertising continues to decline even as digital advertising grows, and News Media's traditional revenue base keeps shrinking as a share of the total company.
  • Foreign currency exposure — REA Group's results are earned mostly in Australian dollars, so currency swings against the US dollar can move reported segment revenue even when the underlying business is unchanged.

看多理由

Buyers argue that Digital Real Estate Services and Dow Jones are now the company's real growth engines, replacing a legacy newspaper business, and that REA Group and Realtor.com's scale in online property listings gives them a durable edge over smaller regional competitors.

看空理由

Sellers fear that a housing market slowdown would hit Digital Real Estate Services directly, that print advertising and News Media keep shrinking as a share of the business, and that a controlling family stake with internal disagreements adds a layer of governance uncertainty outside shareholders cannot resolve.

Written by the editors, published on 2026年8月18日

Direct competitors

Who this company fights with for the same customers

No editorial profile for this company yet

No competitor list for this company yet.

资产负债表与流动性

营收

$9.03B

最近12个月(截至2026/6/30)

净利润

$573M

最近12个月(截至2026/6/30)

自由现金流

$811M

股东权益合计

$8.53B

负债合计

$6.31B

流动比率

1.62

利息覆盖率

-

债务/EBITDA

2.18

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

被高估

公允价值

$28.31

当前价格

$35.09

安全边际

-24.0%

公允价值区间

$20.79 - $35.83

估算方法

Analyst Target:-
DCF:$36.52
PE-based:$23.46
Graham Growth:$31.31
EPV:$15.24
分析师共识:强力买入 (14B / 1H / 0S)
最近财报超预期:+62.41%

估值指标

市盈率(P/E)

34.03

ROE

6.7%

市净率(P/B)

2.38

P/FCF

25.02

毛利率

-

ROIC

-

盈利能力雷达图

Value Creation (Economic Moat)

ROIC

-

WACC

8.4%

ROIC − WACC

-

基本面分析标准

通过(14)

  • EPS shows upward trend
  • Price CAGR 11.34%
  • P/FCF 25.02
  • P/B Ratio 2.38
  • Debt/Equity ratio
  • Positive Free Cash Flow
  • Current Ratio
  • Debt/EBITDA
  • Return on Tangible Assets
  • Analyst Consensus 93% Buy
  • Earnings Surprise avg 26.4%
  • Earnings Quality (OCF/NI) 2.16
  • Share Dilution -2.4%
  • Piotroski F-Score 5/9

未通过(8)

  • CapEx intensity
  • Low reliance on intangibles
  • Price below Graham Number
  • DCF valuation (Overvalued)
  • ROE 6.6%
  • Revenue Growth 5Y -0.7%
  • PEG Ratio 2.20
  • Net Margin Trend 6.3% vs 14.0%

不可用(5)

  • ROIC NaN%
  • Gross Margin NaN%
  • Dividend Payout NaN%
  • Operating Margin NaN%
  • Interest Coverage

Piotroski F-评分

5/9

信号混杂:部分领域需关注

score
criteria

盈利质量

2.16

高质量:盈利有现金流支撑

股权稀释

-2.4%

正在回购股份,对股东友好

公司治理

管理团队

姓名职位年龄
Mr. Robert J. ThomsonCEO & Director64
Ms. Lavanya ChandrashekarChief Financial Officer53
Mr. David B. PitofskyExecutive VP & General Counsel60
Ms. Ruth AllenExecutive VP & Chief Human Resources Officer46
Ms. Marygrace DeGrazioChief Accounting Officer49
Mr. Julian DelanyExecutive VP & Chief Technology Officer52
Mr. Michael FlorinSenior VP & Head of Investor Relations-
Mr. Arthur BochnerExecutive VP & Chief Communications Officer-
Ms. Anoushka HealyExecutive VP & Chief Strategy Officer-
Mr. Michael L. BunderSenior VP, Deputy General Counsel & Corporate Secretary-

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

Latest News

Recent headlines for NWS, sourced from Markets Gazette.

No recent news for NWS.