Stock fact sheet · data as of
Formula One Group (FWONB): fair value, margin of safety and Wheel Score
Ticker symbol FWONB · Communication Services · Entertainment · United States · Growth
Is FWONB undervalued?
At 85.00 (close of 5 Nov 2026), FWONB trades 20% over the GLS average fair value of 70.65. 1 of the 8 models land above the price and 7 below. A negative margin of safety fails the "below fair value" Wheel Trade Filter - the models see no discount, which does not make the business a poor one, only the price a full one.
The 8 models disagree widely: Lynch gives 6.89 while DCF gives 310.47. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, FWONB is clearly faster-growing than it is cheap, so the nightly engine files it under Growth (value score 20, growth score 61, out of 100).
Nine valuation models for FWONB
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 310.47 | +265% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 35.55 | -58% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 27.77 | -67% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 6.89 | -92% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 14.30 | -83% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 79.27 | -7% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 71.80 | -16% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | 19.13 | -77% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -20.77 | -124% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 0.0000 | -100% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - FWONB passes 6 of the nine Piotroski tests, which passes the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 2.8 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are thin or negative - ROIC 4.3%, ROE 7.2%, ROA 3.6% - with debt at 0.66 times equity and a free-cash-flow yield of 3.4%.
Formula One Group pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Primary 83%, Other 17% (quarter Q2 FY2026).
Institutional ownership scores 5/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 6 / 9 | ROIC | 4.3% |
|---|---|---|---|
| GLS Moat | 2.8 / 10 | ROE | 7.2% |
| Debt / equity | 0.66 | ROA | 3.6% |
| Free-cash-flow yield | 3.4% | Payout ratio | 0% |
| Institutions | 5 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 19: No options
FWONB has no listed options in the nightly snapshot, so there is nothing to sell and the stock cannot be wheeled however good the business. It fails the first Wheel Trade Filter (options that actually trade), so the score stays under 70 and is shown as "No options" (19 here). The valuation and quality numbers still apply to owning the shares outright.
Volume runs at 0k shares a day on a market cap of $22.8B, with a beta of 0.65 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that strong.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Fails | no listed options |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Fails | trades 20% above our fair value |
| 4 | Financially healthy | Passes | Piotroski F-score 6 or more out of 9 (a company with no score on file passes) |
| 5 | Can repay its debt | Fails | 5.8 years to repay its debt (over 3) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Fails | no implied volatility |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 20% above fair value | |
| Premium | Weak | no option data | |
| Moat | Weak | moat 2.8/10 | |
| Health | Good | Piotroski 6/9 | |
| Red Flags | Fair | not scored yet - half marks | |
| Option trading | Weak | no option volume data | |
| Stability | Strong | beta 0.65, $22.8B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
Formula One Group reports earnings on 5 Nov 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Entertainment
The 12 companies below are the closest to Formula One Group by market cap within the Entertainment industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| FWONA Formula One Group | 91.03 | 85.75 | -6% | 26Weak | $22.8B |
| ROKU Roku, Inc. | 162.77 | 134.99 | -21% | 27Weak | $21.6B |
| FWONK Liberty Media Corporation | 98.93 | 87.93 | -13% | 33Weak | $24.8B |
| FOX Fox Corporation | 61.62 | 82.53 | +25% | 53Fair | $27.5B |
| FOXA Fox Corporation | 69.65 | 86.99 | +20% | 53Fair | $29.4B |
| WMG Warner Music Group Corp. | 32.55 | 23.54 | -38% | 39Weak | $17.0B |
| TKO TKO Group Holdings, Inc. | 193.48 | 319.45 | +39% | 51Fair | $14.1B |
| LYV Live Nation Entertainment, Inc. | 183.18 | 60.63 | -202% | 37Weak | $42.7B |
| LLYVA Liberty Live Group | 106.37 | 19.11 | -457% | 23Weak | $10.2B |
| LLYVK Liberty Live Group | 110.35 | 19.12 | -477% | 27Weak | $10.2B |
| SKYD Skydance Corporation | 8.39 | 2.94 | -185% | 32Weak | $9.2B |
| VSNT Versant Media Group, Inc. Class A | 33.98 | 147.60 | +77% | 80Good | $4.7B |
⚖ Compare FWONB with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about FWONB
Is FWONB undervalued right now?
No: at 85.00 the stock trades 20% above the GLS average fair value of 70.65 (data as of 5 Nov 2026). The margin of safety is negative.
What is the Wheel Score of FWONB and what does it mean?
FWONB has no listed options in our nightly snapshot, so it cannot be wheeled; it fails the first Wheel Trade Filter (options that actually trade), stays under 70 and is shown as "No options".
What is the GLS fair value for FWONB?
70.65 per share as of 5 Nov 2026 - the simple average of the 8 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Formula One Group report earnings next?
The next earnings report is due on 5 Nov 2026 (before the open), 0 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does FWONB have listed options, and how liquid are they?
No. The nightly options snapshot found no listed contracts on FWONB, so the wheel strategy cannot be run on it and the Wheel Score stays under 70.