NWSA · Intrinsic value
Is News Corporation (Class A) (NWSA) overvalued or undervalued?
News Corporation (Class A) (NWSA) trades at the delayed market price of $30.03 a share. That price already implies revenue growth of 6.2% a year for 5 years. TickerWorth's fair value is $29.24 a share (priced within our range of $15.39 – $39.92). We do not call it over- or undervalued from inside our range.
Model by Miraaj Patel · generated from a hand-researched model · Updated Oct 19, 2026 · How these pages are made
Is NWSA fairly valued?
- Fair value
- $29.24
- Market price
- $30.03
- Downside to fair value
- 2.6%
- Verdict
- Priced within our range of $15.39 – $39.92
Reverse DCF: Today's price implies revenue growth of 6.2% a year for 5 years; our model assumes 3.2% a year on average over the same horizon.
What is NWSA's TickerWorth Score?
Middle of the pack — real strengths and real weaknesses
Compared with Communication Services companies in US
Its strongest point: recent price trend has been strong. Its weakest: growth is slow or negative.
- Value · 48 of 100
Cheaper than 48% of Communication Services companies in US
- Price vs worth · 48 of 100
- Quality · 44 of 100
More profitable than 44% of Communication Services companies in US
- Financial health · 62 of 100
Financially stronger than 62% of Communication Services companies in US
- Growth · 34 of 100
Growing faster than 34% of Communication Services companies in US
- Momentum · 86 of 100
Outperformed 86% of Communication Services companies in US over the past year
Confidence: High confidence · Scored
Get the Undervalued Company of the Week.
NWSA DCF valuation, input by input
TickerWorth's fair value for News Corporation (Class A) (NWSA) is $29.24 a share, against the delayed market price of $30.03 (priced within our range of $15.39 – $39.92). We do not call it over- or undervalued from inside our range. It is a model estimate, and every input behind it is sourced below. This is an educational model, not a price target or a recommendation.
Read the full reasoning
One of the lenses behind that blended figure is a discounted-cash-flow model, which on its own values NWSA at about $27.08 per share. The rest of this page walks through that DCF — its assumptions, reverse-DCF and discount-rate sensitivity — because it is the auditable anchor of the blend.
The valuation discounts News Corporation (Class A)'s projected free cash flows at a weighted-average cost of capital (WACC) of 9.5%, with a long-run terminal growth rate of 2.5%. About 29% of the enterprise value comes from the terminal value — the portion beyond the explicit forecast window — which is typical for a stable, cash-generative business and a reminder that small changes in the discount rate or terminal growth assumption swing the intrinsic value meaningfully.
Running the DCF in reverse — solving for the growth the current price already assumes — the market is implying roughly 6.2% annual revenue growth for NWSA. Our base case instead compounds to about 3.2% a year over the same forecast, so the market is pricing in materially faster growth than our base case. The reverse-DCF is a quick sanity check: it reframes 'is this stock cheap?' as 'do I believe the growth the price requires?' rather than arguing over a single point estimate of fair value.
Sensitivity matters more than any single number. Across a reasonable band of discount-rate assumptions, NWSA's modeled DCF value ranges from about $24.60 to $32.26 per share. If that range still sits below today's price, the market is optimistic relative to the model across the whole band; if it brackets the price, the stock is roughly fairly valued on our assumptions. Use the interactive slider to see exactly where your own cost-of-capital view lands.
How to read this page: the DCF fair value is what News Corporation (Class A) would be worth if its cash flows grow as modeled and are discounted at the stated WACC. The assumptions table shows every input and its source; the reverse-DCF shows what the market believes; the sensitivity band shows how fragile the answer is. None of this is investment advice — it is a transparent, auditable framework for forming your own view of NWSA's intrinsic value. Figures update as new filings and prices come in.
Every input behind NWSA's DCF
| Input | Value |
|---|---|
| Base-year revenueNews Corp FY2026 10-K (accession 0001564708-26-000175, filed 2026-08-07): Consolidated FY2026 revenue $9,028M LESS REA Group's revenue as consolidated by News Corp, $1,406M (10-K MD&A, Digital Real Estate Services: 'Revenues at REA Group increased $156 million, or 12%, to $1,406 million'). REA is taken out because it is valued separately at its ASX market price (see segments). What is left: Dow Jones $2,497M, Book Publishing (HarperCollins) $2,288M, News Media $2,227M and Move (Realtor.com) $610M = $7,622M. Continuing operations only: Foxtel was sold in FY2025 and sits in discontinued operations, so it is in neither year. Ex-REA FY2025 on the same basis was $8,452M - $1,250M = $7,202M, so the base grew +5.8%, of which ~1.7pts was currency (FX added $189M consolidated, $63M of it at REA) and ~0.4pt Book Publishing acquisitions ($31M). CROSS-CHECK on the latest quarter: Q4 FY2026 consolidated revenue $2,337M (+11%), with REA $386M, so ex-REA Q4 was $1,951M vs $1,791M a year earlier (+8.9%) - the year ended on its strongest quarter. | $7,622,000,000 |
| Base EBIT marginESTIMATEAssumption — News Corp FY2026 10-K (accession 0001564708-26-000175, filed 2026-08-07): Ex-REA operating margin, BUILT because News Corp does not split Digital Real Estate Services EBITDA between REA and Move. (1) Total Segment EBITDA $1,627M (Dow Jones $663M, DRE $741M, Book $287M, News Media $139M, Other/corporate -$203M). (2) LESS REA's EBITDA in News Corp's books, ESTIMATED at $728M: REA's own FY26 'Group EBITDA before associates' (core, incl. India) A$1,087.7M per its FY26 presentation, less ~A$15M for leases (REA reports under IFRS 16, which keeps rent out of EBITDA; US GAAP charges it), x the FY26 average AUD/USD of 0.6787 (yfinance daily mean, Jul-25 to Jun-26; it reproduces the +5% FX effect News Corp reported on REA revenue). That leaves Move at ~$13M of EBITDA, consistent with REA booking only a A$14M loss on its 20% of Move. Ex-REA segment EBITDA = $899M. (3) LESS restructuring $86M ($113M 'impairment and restructuring' less $27M of non-cash impairment): News Corp restructures every year ($120M ex-impairment in FY2025), so it is treated as a running cost. (4) LESS ex-REA D&A $405M (see da_pct_revenue). EBIT = $899M - $86M - $405M = $408M = 5.35% of $7,622M. CROSS-CHECK: consolidated GAAP operating income FY2026 = $9,028M - $3,892M opex - $3,509M SG&A - $485M D&A - $113M = $1,029M; add back $27M impairment and remove REA's EBIT (~$728M - $80M) and you land on the same ~$408M. If REA's true US-GAAP EBITDA is $20M lower than estimated, the ex-REA margin rises ~0.25pt and the value ~+$0.40/share; the split is the softest number in the base. | 5.3% |
| Forecast revenue growthESTIMATEAssumption — TickerWorth's 5-year explicit forecast | 4% → 4% → 3% → 3% → 2% |
| Risk-free rateFRED DGS10 (10-year Treasury): 5.24% on 2026-10-01, the latest published observation; the program-wide rate every researched model shares. | 5.2% |
| Betayfinance 'beta' (5Y monthly vs S&P 500): Published 5-year monthly beta 0.976, used as is. It is the beta of the WHOLE News Corp share, REA stake included; the ex-REA media business on its own might be argued slightly higher (newspapers and ad-funded media), REA lower. Not normalized because there is no clean way to strip REA out of the share price. Each +0.1 of beta is roughly -$0.62/share. | 0.98 |
| Terminal growthESTIMATEAssumption — house default: Default 2.5% (roughly long-run nominal GDP); far below the ~9.6% WACC. A news-and-books business growing with the economy forever is not obviously conservative - print keeps shrinking - but Dow Jones's professional-information mix argues for at least nominal GDP. Kept at the house default. | 2.5% |
| Diluted sharesNews Corp Q4/FY2026 earnings release, 8-K Ex-99.1 (accession 0001564708-26-000171, filed 2026-08-05): Q4 FY2026 weighted-average DILUTED shares, Class A and Class B combined: 548.9M (FY2026 full year 558.4M; Q4 FY2025 568.6M). The count is FALLING fast: News Corp bought back 23.7M shares for $643M in FY2026 and keeps buying daily ($667M left on the 2025 program at June 30). The 10-K cover shows 360.5M A + 180.5M B = 541.1M outstanding on 2026-07-31. The June-30 count is used to stay consistent with the June-30 cash balance: buybacks since then cut shares and cash together. | 549M |
| Market priceBackup price feed · as of 2026-10-19 13:16 UTC | $30.03 |
Change NWSA's assumptions
The discount-rate dial and the editable model
ProChange growth, margin and WACC yourself — Pro (7-day free trial, card required).
What does News Corporation (Class A) do?
What does it do?
News Corporation, a media and information services company, creates and distributes authoritative and engaging content, and other products and services for consumers and businesses in the United States, Canada, Europe, Australasia, and internationally. It operates through five segments: Dow Jones, Digital Real Estate Services, Book Publishing, News Media, and Other. It operates in the Entertainment industry (Communication Services sector), headquartered in United States. The company employs roughly 21,700 people.
How does it make money?
The business turns $9.0B in annual revenue into profit. Out of every $100 of sales, about $13 is left as operating profit (operating margin of 12.5%), after a 57% gross margin on the products/services it sells. After all costs, taxes and interest, 6.3% of revenue becomes bottom-line net profit.
Is it financially healthy?
Financially it looks solid: carries modest debt (0.3× equity), comfortably covers its short-term bills (1.6× current ratio), and is currently profitable.
Who at NWSA filed insider trades?
| Date | Insider | Relationship | What happened | Value | Filing |
|---|---|---|---|---|---|
| Siddiqui Masroor | Director | Option exercise | — | Form 4 for Siddiqui Masroor (opens sec.gov in a new tab) | |
| Siddiqui Masroor | Director | Disposition to issuer | $171.30 | Form 4 for Siddiqui Masroor (opens sec.gov in a new tab) | |
| Pessoa Ana Paula | Director | Option exercise | — | Form 4 for Pessoa Ana Paula (opens sec.gov in a new tab) | |
| Pessoa Ana Paula | Director | Disposition to issuer | $171.30 | Form 4 for Pessoa Ana Paula (opens sec.gov in a new tab) | |
| MURDOCH LACHLAN K | Director | Option exercise | — | Form 4 for MURDOCH LACHLAN K (opens sec.gov in a new tab) | |
| MURDOCH LACHLAN K | Director | Disposition to issuer | $171.30 | Form 4 for MURDOCH LACHLAN K (opens sec.gov in a new tab) |
A disclosure, not a signal to trade. Source: SEC EDGAR (Form 4). Older filings and the 90-day buying-and-selling read are part of Pro. See plans
Common questions
What is NWSA's intrinsic value?
TickerWorth's blended fair value for News Corporation (Class A) (NWSA) is $29.24 per share, versus a market price of $30.03 (priced within our range of $15.39 – $39.92).
Is NWSA overvalued or undervalued?
Priced within our range of $15.39 – $39.92 at $30.03. We don't call NWSA overvalued or undervalued from a range. This is an educational estimate, not advice.
What discount rate is used for NWSA?
A WACC of 9.5% and a terminal growth rate of 2.5%.
Is News Corporation (Class A) stock undervalued?
TickerWorth's fair value for News Corporation (Class A) (NWSA) is $29.24 against a market price of $30.03. Our read: Priced within our range of $15.39 – $39.92. This is a model estimate, not investment advice.
News Corporation (Class A) (NWSA) DCF valuation and fair value
Our fair value for News Corporation (Class A) (NWSA) is $29.24, built on a 9.5% discount rate (WACC) and 2.5% terminal growth. It blends our discounted-cash-flow model with other valuation lenses. Every assumption is listed on this page with its source.
What growth is priced into News Corporation (Class A) stock?
Today's price implies revenue growth of 6.2% a year for 5 years; our model assumes 3.2% a year on average over the same horizon. This is a reverse DCF: it holds our cash-flow model's other inputs and solves for the revenue growth that makes the model equal today's price of $30.03. A model estimate, not investment advice.
News Corporation (Class A) (NWSA) insider trading
The most recent insider filing (SEC Form 4) for News Corporation (Class A) (NWSA): Siddiqui Masroor, Director, option exercise on 2026-10-07. The latest filings are listed on this page. A disclosure, not a signal to trade.
Not investment advice. TickerWorth Score is a model output.
TickerWorth is not a licensed investment adviser, and these figures are estimates from public filings and market data that can be wrong.