Fox (FOXA) Stock May Be Near Fair Value On Cash Flow

Fox has seen its share price move around in recent years, and the question now is whether the current US$62.21 level makes sense when you line it up against the cash it is expected to generate. With the spotlight on fundamentals rather than headlines, the key issue is how that cash flow story stacks up against the price on screen. Over the past 3 years the stock has gained 104.0%, which puts a lot of weight on whether Fox's cash flows can support that kind of price reset. The business model...