NMAX vs FWONA vs TV Stock Comparison

Newsmax, Liberty Media and Grupo Televisa, S.A.B Prices as of Oct 29, 2026 Peers: Industry group
NMAX Newsmax Inc.
$8.10 -25.3% 1M -18.1% 1Y
Market cap
$1.04B
P/E
–
Revenue (TTM)
$198.07M
Div. yield
–
Television Broadcasting Communication Services
FWONA Liberty Media Corp
$85.62 +0.3% 1M -2.5% 1Y
Market cap
$19.21B
P/E
52.7x
Revenue (TTM)
$4.34B
Div. yield
–
Live Entertainment Communication Services
8 wins
TV Grupo Televisa, S.A.B.
$2.14 -8.9% 1M -22.2% 1Y
Market cap
$133.16B
P/E
–
Revenue (TTM)
$3.23B
Div. yield
–
Broadband and Cable Communication Services
2 wins

Head to Head

10 decided of 12

Liberty Media leads on 8 of the 12 questions below (Liberty Media 8, Grupo Televisa, S.A.B 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionNMAXFWONATVLeader
Larger companyMarket capitalisation $1.04B $19.21B $133.16B TV
Cheaper on earningsLower P/E, profitable companies only -13.1x 52.7x -272.0x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 46.3x 11.9x TV
Faster revenue growthRevenue growth, trailing twelve months +8.3% +12.2% +5.5% FWONA
More profitableNet margin, trailing twelve months -40.1% 9.4% -15.3% FWONA
Better return on capitalReturn on invested capital — 2.9% 2.9% FWONA
Less leveragedLower net debt / EBITDA — 3.5x 64.6x FWONA
Higher dividend yieldTrailing dividend yield — — 0.00% –
Better 1-year returnPrice return, last 12 months -18.1% -2.5% -22.2% FWONA
Better 5-year returnAnnualised price return, 5 years — +10.4%/yr -26.7%/yr FWONA
Less volatileAnnualised volatility, 1 year 77.7% 24.6% 38.3% FWONA
Higher overall scoreMean of the five percentile scores vs peers 34/100 65/100 33/100 FWONA

Percentile Scorecard

NMAXFWONATV

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisNMAXFWONATV
Valuation 2 #52 of 53 50 #7 of 13 4 #47 of 49
Growth 58 #19 of 44 70 #4 of 11 21 #36 of 45
Profitability 12 #37 of 42 60 #5 of 11 34 #30 of 45
Financial Health 63 #23 of 61 82 #3 of 12 75 #13 of 49
Shareholder Returns – – –
Overall 34 65 33
  • NMAX ranked among 61 companies in Advertising and Media
  • FWONA ranked among 13 companies in Live Venues
  • TV ranked among 51 companies in Telecommunications

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodNMAXFWONATVSPY
1 month -25.3%+0.3%-8.9% +0.7%
3 months +5.6%-6.9%-25.4% +3.7%
6 months +28.6%+8.1%-24.9% +7.1%
Year to date +4.8%-4.2%-26.5% +12.8%
1 year -18.1%-2.5%-22.2% +11.9%
3 years —+49.0%-1.8% +85.2%
3 years, per year —+14.2%-0.6% +22.8%
5 years —+64.2%-78.9% +67.6%
5 years, per year —+10.4%-26.7% +10.9%
10 years —+214.2%-91.3% +262.0%
10 years, per year —+12.1%-21.7% +13.7%

Risk

MeasureNMAXFWONATVSPY
Volatility, 1Y 77.7%24.6%38.3% 12.7%
Downside volatility, 1Y 80.0%22.6%40.0% 12.6%
Beta vs S&P 500, 1Y 1.640.290.66 1.00
Return / volatility, 1Y -0.23-0.10-0.58 0.94
Max drawdown, 5Y -97.8%-25.7%-86.3% -25.4%
From 52-week high -29.1%-12.8%-37.8% -1.2%
52-week high $11.43$98.18$3.44 $779.14
52-week low $5.16$74.51$2.14 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleNMAXFWONATV
P/E now vs peer median -13.1xmedian 18.7x 52.7xmedian 52.7x -272.0xmedian 11.5x
P/S now vs peer median 5.3xmedian 0.6x 4.4xmedian 1.5x 41.3xmedian 1.1x
EV/EBITDA now vs peer median -12.4xmedian 10.6x 23.2xmedian 18.6x 3,804xmedian 6.8x
P/FCF now vs peer median —median 9.0x 23.3xmedian 17.7x —median 5.9x
P/B now vs peer median 9.2xmedian 1.6x 2.5xmedian 2.5x 20.8xmedian 1.3x
PEG now vs peer median —median 0.49 -10.27median 0.28 8.84median 0.25

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsNMAXFWONATV
Revenue $198.07M $4.34B $3.23B
Gross profit $78.29M $1.22B $1.78B
Operating income -$86.98M $516.00M $307.39M
Net income -$79.40M $407.00M -$116.03M
Free cash flow – $823.00M –
EPS (diluted) $-0.61 $1.62 $-0.01
Cash & equivalents $25.88M $1.47B $1.70B
Total debt – $4.92B $14.34B
Shares (diluted) 129.29M 252.00M 68.12B
Enterprise value $946.58M $14.53B $125.45B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricNMAXFWONATV
P/E -13.1x 52.7x -272.0x
P/FCF – 23.3x –
P/Operating cash flow – 20.2x –
P/S 5.3x 4.4x 41.3x
P/B 9.2x 2.5x 20.8x
P/Tangible book 9.2x 6.9x 26.7x
EV/EBITDA -12.4x 23.2x 3,804x
EV/EBIT -11.7x 43.9x 440.7x
EV/Revenue 5.1x 5.2x 42.0x
EV/FCF – 27.5x –
EV/Operating cash flow – 23.8x –
PEG (3Y EPS CAGR) – -10.27 8.84

Growth

14 metrics
MetricNMAXFWONATV
Revenue growth (1Y) 8.3% 12.2% 5.5%
Revenue CAGR (3Y) – 75.9% -11.8%
Gross profit growth (1Y) -4.1% 1,012% -37.1%
Gross profit CAGR (3Y) – 29.5% -18.9%
Operating income growth (1Y) 14.9% 49.1% 255.7%
Operating income CAGR (3Y) – 37.8% 5.3%
Net income growth (1Y) 27.2% 113.5% 68.3%
Net income CAGR (3Y) – -34.0% -27.1%
EPS growth (1Y) 27.7% 122.2% -18.4%
EPS CAGR (3Y) – -5.1% -30.8%
Operating cash flow growth (1Y) – 18.7% –
Operating cash flow CAGR (3Y) – 19.7% –
Free cash flow growth (1Y) – 15.6% –
Free cash flow CAGR (3Y) – 73.7% –

Profitability

14 metrics
MetricNMAXFWONATV
Gross margin 39.5% 28.2% 55.2%
EBITDA margin -41.2% 22.5% 1.1%
Operating margin -43.9% 11.9% 9.5%
Pretax margin -40.1% 14.3% 8.3%
Net margin -40.1% 9.4% -15.3%
FCF margin – 19.0% –
Operating cash flow margin – 21.9% –
Return on equity -72.4% 5.3% -1.9%
Return on assets -33.8% 2.6% -0.9%
Return on invested capital – 2.9% 2.9%
Return on capital employed -57.8% 3.6% 2.7%
Asset turnover 0.8x 0.3x 0.2x
Cash conversion (OCF / net income) – 2.3x –
Stock comp / revenue – 0.6% –

Financial Health

11 metrics
MetricNMAXFWONATV
Debt / assets – 31.0% 34.8%
Debt / equity – 0.6x 0.7x
Net debt / EBITDA – 3.5x 64.6x
Debt / FCF – 6.0x –
Liabilities / assets 50.9% 52.0% 52.7%
Equity / assets 49.1% 48.0% 47.3%
Interest coverage -4,632x 1.9x 0.7x
Current ratio 2.4x 1.3x 2.4x
Quick ratio 0.8x 1.1x 1.8x
Cash ratio 0.3x 0.9x 1.5x
Altman Z-score 3.57 2.49 12.35

Shareholder Returns

7 metrics
MetricNMAXFWONATV
Dividend yield – – –
Net buyback yield – – –
Shareholder yield – – 0.0%
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusNMAXFWONATV
Forward P/E – 46.3xFY2026 11.9xFY2026
EPS, next fiscal year $-0.01FY2026 $1.85FY2026 $0.18FY2026
EPS growth, next FY – -16.3%FY2026 –
EPS growth, the year after – +14.6% +38.9%
Revenue, next fiscal year $203.04MFY2026 $4.97BFY2026 $3.07BFY2026
Revenue growth, next FY +7.3%FY2026 +10.9%FY2026 -9.0%FY2026
Revenue growth, the year after +24.6% -0.7% -4.0%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersNMAXFWONATV
Held by institutions 28.5% 9.3% 0.2%
Institutions holding 234 301 106
Change in shares held, QoQ +13.5% +10.2% -4.9%
Institutions buying 111 154 44
Institutions selling 37 77 33
Buyers to sellers 3.00 2.00 1.33

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

NMAXFWONATV
NMAX 1.00 0.14 0.12
FWONA 0.14 1.00 0.07
TV 0.12 0.07 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, NMAX, FWONA and TV?

Grupo Televisa, S.A.B (TV) is the largest by market capitalisation: Newsmax (NMAX) $1.04B, Liberty Media (FWONA) $19.21B, Grupo Televisa, S.A.B (TV) $133.16B.

Which company is growing faster?

Liberty Media (FWONA) grew revenue fastest over the trailing twelve months: Newsmax (NMAX) +8.3%, Liberty Media (FWONA) +12.2%, Grupo Televisa, S.A.B (TV) +5.5%.

Which company is more profitable?

Liberty Media (FWONA) has the highest net margin (Newsmax (NMAX) -40.1%, Liberty Media (FWONA) 9.4%, Grupo Televisa, S.A.B (TV) -15.3%). On return on invested capital, Liberty Media (FWONA) leads (Liberty Media (FWONA) 2.9%, Grupo Televisa, S.A.B (TV) 2.9%).

Which stock has performed better?

Over the past year Liberty Media (FWONA) returned the most: Newsmax (NMAX) -18.1%, Liberty Media (FWONA) -2.5%, Grupo Televisa, S.A.B (TV) -22.2%. Over five years, Liberty Media (FWONA) compounded fastest (Liberty Media (FWONA) +10.4%/yr, Grupo Televisa, S.A.B (TV) -26.7%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Liberty Media (FWONA) has been the steadiest (Newsmax (NMAX) 77.7%, Liberty Media (FWONA) 24.6%, Grupo Televisa, S.A.B (TV) 38.3%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, NMAX, FWONA and TV?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Liberty Media (FWONA) leads on 8. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.