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Formula One Group (FWONK) Competitors

$77.39
-0.82 (-1.05%)
(As of 09/18/2024 ET)

FWONK vs. SPOT, ORAN, CHT, VOD, TEF, TU, RCI, WBD, FOXA, and FOX

Should you be buying Formula One Group stock or one of its competitors? The main competitors of Formula One Group include Spotify Technology (SPOT), Orange (ORAN), Chunghwa Telecom (CHT), Vodafone Group Public (VOD), Telefónica (TEF), TELUS (TU), Rogers Communications (RCI), Warner Bros. Discovery (WBD), FOX (FOXA), and FOX (FOX). These companies are all part of the "communication" industry.

Formula One Group vs.

Formula One Group (NASDAQ:FWONK) and Spotify Technology (NYSE:SPOT) are both large-cap consumer discretionary companies, but which is the better stock? We will compare the two businesses based on the strength of their dividends, analyst recommendations, valuation, earnings, risk, institutional ownership, community ranking, profitability and media sentiment.

Spotify Technology received 158 more outperform votes than Formula One Group when rated by MarketBeat users. Likewise, 61.43% of users gave Spotify Technology an outperform vote while only 58.47% of users gave Formula One Group an outperform vote.

CompanyUnderperformOutperform
Formula One GroupOutperform Votes
221
58.47%
Underperform Votes
157
41.53%
Spotify TechnologyOutperform Votes
379
61.43%
Underperform Votes
238
38.57%

Formula One Group currently has a consensus price target of $85.00, indicating a potential upside of 9.83%. Spotify Technology has a consensus price target of $357.41, indicating a potential upside of 3.91%. Given Formula One Group's higher probable upside, equities research analysts clearly believe Formula One Group is more favorable than Spotify Technology.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Formula One Group
0 Sell rating(s)
1 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
2.50
Spotify Technology
1 Sell rating(s)
6 Hold rating(s)
23 Buy rating(s)
0 Strong Buy rating(s)
2.73

Spotify Technology has a net margin of 3.22% compared to Formula One Group's net margin of 0.00%. Spotify Technology's return on equity of 15.23% beat Formula One Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Formula One GroupN/A N/A N/A
Spotify Technology 3.22%15.23%5.30%

In the previous week, Spotify Technology had 23 more articles in the media than Formula One Group. MarketBeat recorded 28 mentions for Spotify Technology and 5 mentions for Formula One Group. Spotify Technology's average media sentiment score of 0.63 beat Formula One Group's score of 0.35 indicating that Spotify Technology is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Formula One Group
1 Very Positive mention(s)
1 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Spotify Technology
10 Very Positive mention(s)
4 Positive mention(s)
10 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Positive

92.3% of Formula One Group shares are held by institutional investors. Comparatively, 84.1% of Spotify Technology shares are held by institutional investors. 4.3% of Formula One Group shares are held by insiders. Comparatively, 0.4% of Spotify Technology shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Formula One Group has higher earnings, but lower revenue than Spotify Technology. Spotify Technology is trading at a lower price-to-earnings ratio than Formula One Group, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Formula One Group$3.69B4.93$322.00M$1.3756.49
Spotify Technology$14.47B4.52-$575.78M-$0.67-513.36

Summary

Spotify Technology beats Formula One Group on 10 of the 17 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding FWONK and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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FWONK vs. The Competition

MetricFormula One Group IndustryDiscretionary SectorNASDAQ Exchange
Market Cap$18.19B$2.14B$7.21B$8.28B
Dividend YieldN/A15.23%2.92%4.06%
P/E Ratio56.4910.6516.0818.67
Price / Sales4.93151.3128.8670.94
Price / CashN/A91.2335.1731.84
Price / BookN/A1.325.134.52
Net Income$322.00M$84.40M$205.35M$225.29M
7 Day Performance2.78%0.76%2.25%4.67%
1 Month Performance-1.80%1.13%1.32%4.59%
1 Year Performance14.96%15.14%26.92%12.00%

Formula One Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
SPOT
Spotify Technology
4.061 of 5 stars
4.06 / 5 stars
$343.95
+0.5%
$357.41
+3.9%
+116.0%$65.42B$14.47B-513.359,123Analyst Forecast
ORAN
Orange
3.9083 of 5 stars
3.91 / 5 stars
$12.19
+1.0%
$13.08
+7.3%
+3.0%$32.40B$44.61B0.00137,094
CHT
Chunghwa Telecom
3.0575 of 5 stars
3.06 / 5 stars
$39.10
+0.0%
N/A+6.5%$30.33B$7.17B26.0719,912
VOD
Vodafone Group Public
4.3534 of 5 stars
4.35 / 5 stars
$10.23
+0.5%
$14.45
+41.3%
+3.3%$27.43B$36.72B0.0093,000
TEF
Telefónica
0.9765 of 5 stars
0.98 / 5 stars
$4.90
+1.0%
N/A+15.3%$27.33B$43.99B-30.59104,142
TU
TELUS
3.4523 of 5 stars
3.45 / 5 stars
$16.78
-0.5%
$29.00
+72.8%
-2.3%$24.89B$19.91B43.03106,400News Coverage
RCI
Rogers Communications
4.7579 of 5 stars
4.76 / 5 stars
$39.64
-2.8%
$51.50
+29.9%
-5.4%$21.01B$20.42B49.5526,000News Coverage
High Trading Volume
WBD
Warner Bros. Discovery
3.6334 of 5 stars
3.63 / 5 stars
$8.42
-0.4%
$10.93
+29.8%
-27.8%$20.63B$39.93B-6.7935,300Analyst Revision
FOXA
FOX
3.5583 of 5 stars
3.56 / 5 stars
$40.60
+0.2%
$38.23
-5.8%
+27.7%$18.95B$13.98B12.7310,200
FOX
FOX
3.6816 of 5 stars
3.68 / 5 stars
$37.56
+0.3%
N/A+28.8%$17.53B$13.98B11.7710,600Short Interest ↓

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This page (NASDAQ:FWONK) was last updated on 9/19/2024 by MarketBeat.com Staff
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