Formula One Group
Formula One Group, together with its subsidiaries, engages in the motorsports business in the United States and the United Kingdom. The company holds commercial rights for the FIA Formula One World Championship, an annual nine-month long motor race-based competition in which teams compete for the Constructors' championship and drivers compete for the Drivers' championship. It is also involved in … Read more
Formula One Group (FWONB) - Net Assets
Latest net assets as of September 2025: $8.62 Billion USD
Based on the latest financial reports, Formula One Group (FWONB) has net assets worth $8.62 Billion USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($16.36 Billion) and total liabilities ($7.74 Billion). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $8.62 Billion |
| % of Total Assets | 52.71% |
| Annual Growth Rate | 5.34% |
| 5-Year Change | 12.71% |
| 10-Year Change | 651.58% |
| Growth Volatility | 111.87 |
Formula One Group - Net Assets Trend (2010–2024)
This chart illustrates how Formula One Group's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Formula One Group (2010–2024)
The table below shows the annual net assets of Formula One Group from 2010 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $7.39 Billion | +15.10% |
| 2023-12-31 | $6.42 Billion | -7.44% |
| 2022-12-31 | $6.93 Billion | -0.07% |
| 2021-12-31 | $6.94 Billion | +5.87% |
| 2020-12-31 | $6.55 Billion | +25.07% |
| 2019-12-31 | $5.24 Billion | -5.62% |
| 2018-12-31 | $5.55 Billion | -2.08% |
| 2017-12-31 | $5.67 Billion | +340.98% |
| 2016-12-31 | $1.29 Billion | +30.82% |
| 2015-12-31 | $983.00 Million | -95.13% |
| 2014-12-31 | $20.18 Billion | -15.52% |
| 2013-12-31 | $23.88 Billion | +271.30% |
| 2012-12-31 | $6.43 Billion | +22.54% |
| 2011-12-31 | $5.25 Billion | +47.24% |
| 2010-12-31 | $3.56 Billion | -- |
Equity Component Analysis
This analysis shows how different components contribute to Formula One Group's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | $7.75 Billion | 104.86% |
| Total Equity | $7.39 Billion | 100.00% |
Formula One Group Competitors by Market Cap
The table below lists competitors of Formula One Group ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Labcorp Holdings Inc.
MX:LH
|
$18.69 Billion |
|
China Petroleum & Chemical Corporation
F:CHU
|
$18.69 Billion |
|
CENOVUS ENERGY PFD SR.1
F:CXD0
|
$18.70 Billion |
|
Pernod Ricard SA
PINK:PDRDF
|
$18.72 Billion |
|
Burlington Stores Inc
NYSE:BURL
|
$18.67 Billion |
|
DENSO
F:DNO
|
$18.61 Billion |
|
Snap-On Inc
NYSE:SNA
|
$18.60 Billion |
|
Nomura Holdings Inc
PINK:NRSCF
|
$18.59 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Formula One Group's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 6,419,000,000 to 7,388,000,000, a change of 969,000,000 (15.1%).
- Net loss of 30,000,000 reduced equity.
- Share repurchases of 14,000,000 reduced equity.
- New share issuances of 939,000,000 increased equity.
- Other factors increased equity by 74,000,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $-30.00 Million | -0.41% |
| Share Repurchases | $14.00 Million | -0.19% |
| Share Issuances | $939.00 Million | +12.71% |
| Other Changes | $74.00 Million | +1.0% |
| Total Change | $- | 15.10% |
Book Value vs Market Value Analysis
This analysis compares Formula One Group's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 2.57x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 3.77x to 2.57x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2010-12-31 | $20.67 | $78.00 | x |
| 2011-12-31 | $30.49 | $78.00 | x |
| 2012-12-31 | $37.34 | $78.00 | x |
| 2013-12-31 | $27.54 | $78.00 | x |
| 2014-12-31 | $23.98 | $78.00 | x |
| 2015-12-31 | $2.12 | $78.00 | x |
| 2016-12-31 | $15.35 | $78.00 | x |
| 2017-12-31 | $26.87 | $78.00 | x |
| 2018-12-31 | $23.92 | $78.00 | x |
| 2019-12-31 | $22.48 | $78.00 | x |
| 2020-12-31 | $28.23 | $78.00 | x |
| 2021-12-31 | $27.33 | $78.00 | x |
| 2022-12-31 | $28.32 | $78.00 | x |
| 2023-12-31 | $26.75 | $78.00 | x |
| 2024-12-31 | $30.40 | $78.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Formula One Group utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): -0.41%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -0.82%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 1.59x
- Recent ROE (-0.41%) is below the historical average (8.79%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2010 | 28.05% | 48.78% | 0.23x | 2.51x | $643.50 Million |
| 2011 | 15.90% | 59.33% | 0.18x | 1.47x | $310.10 Million |
| 2012 | 21.96% | 70.74% | 0.24x | 1.29x | $770.00 Million |
| 2013 | 62.35% | 219.39% | 0.12x | 2.45x | $7.37 Billion |
| 2014 | 1.56% | 4.00% | 0.14x | 2.74x | $-961.80 Million |
| 2015 | -17.80% | -3.65% | 2.46x | 1.99x | $-273.30 Million |
| 2016 | 25.58% | 0.00% | 0.00x | 2.33x | $200.40 Million |
| 2017 | 4.50% | 14.30% | 0.15x | 2.08x | $-311.90 Million |
| 2018 | -2.70% | -8.21% | 0.17x | 1.97x | $-705.00 Million |
| 2019 | -5.94% | -15.38% | 0.18x | 2.20x | $-834.90 Million |
| 2020 | -9.10% | -52.05% | 0.10x | 1.71x | $-1.25 Billion |
| 2021 | -3.00% | -8.90% | 0.18x | 1.84x | $-824.00 Million |
| 2022 | 8.08% | 21.69% | 0.23x | 1.59x | $-133.00 Million |
| 2023 | 2.88% | 5.74% | 0.31x | 1.60x | $-456.90 Million |
| 2024 | -0.41% | -0.82% | 0.31x | 1.59x | $-768.80 Million |
Industry Comparison
This section compares Formula One Group's net assets metrics with peer companies in the Entertainment industry.
Industry Context
- Industry: Entertainment
- Average net assets among peers: $265,814,216
- Average return on equity (ROE) among peers: -33.08%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Formula One Group (FWONB) | $8.62 Billion | 28.05% | 0.90x | $18.69 Billion |
| AB International Group Corp (ABQQ) | $-6.78K | 0.00% | 0.00x | $405.91 |
| AI Era Corp. (ABQQD) | $4.02 Million | -54.05% | 0.45x | $87.52K |
| Color Star Technology Co. Ltd. (ADD) | $6.59 Million | -176.41% | 0.08x | $63.13K |
| Alliance Entertainment Holding Corporation Class A Common Stock (AENT) | $108.93 Million | 26.27% | 3.34x | $22.03 Million |
| All For One Media Corp (AFOM) | $-17.59 Million | 0.00% | 0.00x | $324.00 |
| Allied Gaming & Entertainment Inc. (AGAE) | $33.41 Million | -134.88% | 0.85x | $4.97 Million |
| AMC Entertainment Holdings Inc (AMC) | $1.51 Billion | 24.17% | 2.35x | $567.86 Million |
| AMC Networks Inc (AMCX) | $1.01 Billion | 8.82% | 2.88x | $212.42 Million |
| American Films Inc (AMFL) | $2.16 Million | -24.68% | 1.32x | $753.71 |
| Amcomri Entertainment Inc (AMNNF) | $-586.53K | 0.00% | 0.00x | $6.48K |