Liberty Media Corporation Series C Liberty Formula One Common Stock (FWONK)

Communication Services · Entertainment
$95.54 +0.57% on the day Market cap $23.2B 52-week range $80.15 to $109.36 Prices as of Oct 7, 2026

What the price implies

A reverse DCF: instead of guessing a fair value, it asks what growth today's price already assumes. How it works.

Free cash flow growth the price needs
10% a year for 10 years

At a market value of $23.2B, Liberty Media Corporation Series C Liberty Formula One Common Stock's free cash flow of $789M (fiscal 2025) would need to grow about 10% a year for the stock to be worth today's price. That is faster than the company has grown its free cash flow over the last 9 years.

Assumes a 9% discount rate and 3% growth after year 10, on free cash flow (operating cash flow minus capital spending) from Liberty Media Corporation Series C Liberty Formula One Common Stock's SEC filings. Change any assumption, or model revenue and margins instead, in the Modeling tab, or try your own numbers in the reverse DCF calculator.

Implied by the price10.0% a year
Free cash flow, last 9 years-7.6% a year
Revenue, same period-1.8% a year
Price to free cash flow29.4x

Fundamental grade

D

Five factors scored 1 to 9 from FWONK's latest numbers, weighted into one grade. It describes the business, not whether the stock is a buy.

Valuation4
Profitability4
Growth0
Financial health4
Cash efficiency7

Key numbers

P/E (trailing)40.4x
P/E (forward)66.7x
Price / free cash flow30.9x
EV / EBITDA19.9x
Price / sales5.35x
Price / book3.03x
Revenue growth-30.4%
Operating margin11.9%
Net margin9.4%
Return on equity5.4%
Dividend yield—
Debt / equity0.98x

Results from SEC filings

Fiscal years, from Liberty Media Corporation Series C Liberty Formula One Common Stock's 10-K filings. The deep dive has 15+ years, quarters and every line.

Fiscal year20212022202320242025
Revenue$11.4B$3.2B$3.6B$3.7B$4.5B
Net income$398M$1.8B$761M-$2.1B$555M
Free cash flow$2.0B$2.2B$2.0B$492M$789M
EPS (diluted)—————
Operating margin17.3%4.6%7.4%7.9%12.9%

Where the revenue comes from

Revenue by products, fiscal 2025.

Motorsport$4.1B92%
Other$377M8%

Superinvestors who own FWONK

From each investor's latest 13F filing (what a 13F shows). 9 of the investors we track hold it.

InvestorLast quarterValue% of portfolioQuarter
Ruane, Cunniff & Goldfarb
Ruane, Cunniff & Goldfarb
Trimmed $497M7.7%Q2 2026
Chase Coleman
Tiger Global Management
Trimmed $217M0.90%Q2 2026
Hersh Cohen
ClearBridge Investments
Added $187M0.15%Q2 2026
Ron Baron
Baron Capital (BAMCO)
Held $76M0.11%Q2 2026
Ric Dillon
Diamond Hill Capital Management
Trimmed $30M0.24%Q2 2026
Joel Greenblatt
Gotham Asset Management
New position $10M0.02%Q2 2026
Murray Stahl
Horizon Kinetics LLC
Trimmed $7M0.08%Q2 2026
Mario Gabelli
GAMCO Investors
Trimmed $6M0.05%Q2 2026
Cliff Asness
AQR Capital Management
Added $5M0.00%Q2 2026

Insider buying

Open-market purchases by Liberty Media Corporation Series C Liberty Formula One Common Stock's executives and directors in the last 12 months, from SEC Form 4 filings. What insider buying tells you.

No open-market insider purchases of FWONK in the last 12 months. Most insider activity is selling and option exercises, which aren't shown here.

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In the full deep dive

DCF fair value per share
Yearly return (IRR) at today's price
Growth implied by revenue and margins
15+ years of statements and quarters

Questions

What growth does Liberty Media Corporation Series C Liberty Formula One Common Stock's stock price imply?

At a market value of $23.2B, Liberty Media Corporation Series C Liberty Formula One Common Stock would need its free cash flow to grow about 10% a year for 10 years (discounted at 9%, 3% growth after that) to be worth today's price. Over the last 9 years its free cash flow grew -8% a year.

Are Liberty Media Corporation Series C Liberty Formula One Common Stock insiders buying the stock?

No open-market insider purchases of FWONK in the last 12 months, according to SEC Form 4 filings.

Which superinvestors own Liberty Media Corporation Series C Liberty Formula One Common Stock?

9 of the superinvestors Investingly tracks hold FWONK in their latest 13F, including Ruane, Cunniff & Goldfarb, Chase Coleman, Hersh Cohen.

Prices and ratios as of Oct 7, 2026; statements from SEC filings. Information only, not investment advice. Superinvestor holdings come from 13F filings, which are filed up to 45 days after each quarter ends.