Old QVC Group, Inc.
QVCAQInvestment snapshot
Positive
1
BUY / PASS
Neutral / negative
2 / 13
NEUTRAL / FAIL
Median fair value
$123.14
+454291.1% vs price
Models with upside
2 / 17
Positive margin of safety
Strongest signal
QVCAQ undervalued: all 2 models price fair value above $0.03 (median $123.14)
Key risk
No clean pass — all 16 investors flag at least one profitability criterion
Framework analysis
| Verdict | Meaning |
|---|---|
| BUY | Positive purchase signal: the framework's buy requirements are met. |
| PASS | The company clears the framework's checklist or screen, but the framework does not produce a buy signal. For valuation frameworks this often means margin of safety is missing, insufficient, or unavailable; some screen-only frameworks have no intrinsic-value BUY state. |
| NEUTRAL | Neither a positive nor negative conclusion. It does not mean to hold an existing position. |
| FAIL | The company does not clear the framework's requirements. |
| Ranked | Ranked strategies do not use PASS: selected cohort is BUY, outside the cohort is FAIL, and unranked is NEUTRAL. |
Current investor scores use trailing 12-month flows and the latest balance sheet where supported. Multi-year and EPS tests retain annual history; each framework shows its financial basis below. Intrinsic values use annual financials.
| Metric | Graham Defensive Value | Buffett Quality Compounder | Lynch GARP | Greenblatt Magic Formula | Piotroski F-Score | Dreman Contrarian Value | Munger Quality Focus | Pabrai Dhandho Framework | Akre Three-Legged Stool | Marks Risk-Aware Value | Ackman Activist Value | Templeton Global Bargain Hunter | Sleep Scale Economies Shared | Asness Systematic Factors | Neff Low-P/E Total Return | Schloss Asset-Value Discipline | O'Shaughnessy Systematic Factor Composite |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Verdict | FAIL | FAIL | FAIL | Not ranked | PASS | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | FAIL | NEUTRAL | FAIL | FAIL | NEUTRAL |
| Score | |||||||||||||||||
| Analysis | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… | Checking access… |
| Intrinsic Value (annual) | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A | ||
| Margin of Safety | N/A | N/A | N/A | N/A | N/A | N/A | +100.0% | N/A | N/A | N/A | +100.0% | N/A | N/A | N/A | N/A | N/A | N/A |
| Financial Basis | TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Annual history · FY 2025 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-06-30 · TTM ended 2026-06-30 vs 2025-06-30 · TTM ended 2026-06-30 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | TTM ended 2026-06-30 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 Latest source filing: 2026-04-15 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Market data at 2026-10-01 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Qualitative assessment · Annual history · FY 2025 Latest source filing: 2026-04-15 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Qualitative assessment Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Market data at 2026-10-01 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 · Price history 2026-07-01–2026-10-01 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 · Qualitative assessment Latest source filing: 2026-04-15 Score computed: 2026-11-14 | TTM ended 2026-06-30 · Balance sheet at 2026-06-30 · Price history 2026-07-01–2026-10-01 · Annual history · FY 2025 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 · TTM ended 2026-06-30 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | Annual history · FY 2025 · Balance sheet at 2026-06-30 Latest source filing: 2026-08-04 Score computed: 2026-11-14 | TTM ended 2026-06-30 · Annual history · FY 2025 · Price history 2026-07-01–2026-10-01 Latest source filing: 2026-08-04 Score computed: 2026-11-14 |
Where It Passes
- Valuation models100% pass✓ 2▾
QVCAQ undervalued: all 2 models price fair value above $0.03 (median $123.14)
Munger fair value$125.10✓Munger+100.0% margin vs $0.03Ackman fair value$121.18✓Ackman+100.0% margin vs $0.03 - Cash Flow80% pass✓ 10✗ 2▾
8 of 10 pass — Buffett and Lynch object
Free Cash Flow Proxy$-2.2B✗BuffettPositive and growingFCF Positive and Growing$34.0M✗LynchPositive and growingOperating Cash Flow$274.0M✓PiotroskiCFO > 0(CFO / Total Assets) vs ROACFO/Assets=3.58%, ROA=-31.91%✓PiotroskiCFO/Assets > ROAPrice / (CFO / Shares)0.0x✓Dreman< 8xP/E or FCF YieldFCF Yield=53795.3%✓PabraiP/E < 15 or FCF Yield > 10%FCF Positive17/18 years FCF positive✓MarksPositive FCF in majority of recent years(OCF - CapEx) / Market Cap15583.3%✓Ackman>= 4%Price / FCF per Share0.0x✓Ackman<= 25Positive Operating Cash Flow frequency21/21 years positive✓SleepPositive OCF in >= 70% of available yearsOperating Cash Flow - Capital Expenditures$34.0M✓Neff> $0 (app proxy for a strong fundamental case)(Operating cash flow - capex) / market capitalization+15500.34%; #7/4519 (top 0.2%)✓OshaughnessyTop 10% of eligible cross-section
Where It Falls Short
- Profitability0% pass✓ 3✗ 32▾
No clean pass — all 16 investors flag at least one profitability criterion
Positive EPS (10 years)3/23 years positive✗GrahamPositive EPS every year for 10 yearsEPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthNet Income Positive (10+ years)16/23 years positive✗BuffettPositive every year for 10+ yearsROE (up to 5-year arithmetic mean)-126.3%✗Buffett> 15% arithmetic mean (app rule)Operating Margin (10-yr trend)-22.7% (latest)✗BuffettStable or rising over 10 yearsFree Cash Flow Proxy$-2.2B✗BuffettPositive and growingEarnings Variance (10-yr CoV)✗BuffettCoV < 0.3Retained Earnings Effectiveness✗Buffett$1 retained -> > $1 market value createdBasic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passROEN/A (negative equity)✗Lynch> 15%EBIT / Enterprise ValueN/A (EV <= 0)✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=N/A (EV <= 0), ROC=14.3%✗GreenblattBoth EY > 10% and ROC > 25%Net Income / Total Assets-31.91%✗PiotroskiROA > 0ROA Change YoY-13.96% -> -31.91% (delta: -17.96%)✗PiotroskiCurrent ROA > Prior ROA(CFO / Total Assets) vs ROACFO/Assets=3.58%, ROA=-31.91%✓PiotroskiCFO/Assets > ROAGross Margin Change YoY35.0% -> 34.3%✗PiotroskiImproved YoYPre-Tax Income / Revenue-1.1%✗Dreman>= 8%Net Income / Shareholders' Equity✗Dreman> 12%Margin of Safety✗PabraiP/B < 1.5 or P/E < 15Return on Equity-218.4% (3-yr avg)✗AkreROE > 20% (3-year avg)Discount to Intrinsic Value✗Marks>= 20% below intrinsic valuePositive Net Income Frequency16/21 years positive✓MarksPositive net income in >= 7 of last 10 yearsOperating Income / Revenue2.6%✗Ackman>= 15%Net Income / Shareholders Equity✗Ackman>= 15%5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Operating Margin Trend5.4% (2023) -> -22.7% (2025)✗TempletonNon-negative operating-margin trend over 3 yearsRevenue growth vs. gross and operating margin trendgross margin 33.8% -> 34.3%, operating margin 5.4% -> -22.7%✗SleepRevenue rising; gross margin flat or falling; operating margin holdingNet income / market capitalization-93002.05%; #6294/6340 (top 99.3%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionGross profit / total assets+43.05%; #869/3702 (top 23.5%)✓AsnessTop 30% of eligible cross-sectionNet income / positive book equity✗AsnessTop 30% of eligible cross-sectionNegative 5-year standard deviation of ROA-0.1251; #3752/5884 (top 63.8%)✗AsnessTop 30% of eligible cross-section3-5 Year Diluted EPS CAGR✗Neff7%-20% annualizedPositive Diluted-EPS Years2/7 years positive✗Schloss>= 70% positive over 5-10 observed years (app rule) - Verdicts7% pass✓ 1✗ 13▾
Split decision: 13 FAIL · 2 NEUTRAL · 1 PASS
Overall verdict✗GrahamFAIL (3/9)✗BuffettFAIL (0/9)✗LynchFAIL (2/7)•GreenblattNot ranked✓PiotroskiPASS (F-Score 4)✗DremanFAIL (2/11)✗MungerFAIL (1/4)✗PabraiFAIL (1/3)✗AkreFAIL (1/6)✗MarksFAIL (2/5)✗AckmanFAIL (3/9)✗TempletonFAIL (2/8)✗SleepFAIL (2/6)•AsnessNEUTRAL (Not ranked)✗NeffFAIL (2/6)✗SchlossFAIL (2/7)•OshaughnessyNEUTRAL (Not ranked) - Growth13% pass✓ 2✗ 11▾
7 of 8 flag QVCAQ's growth — Graham, Lynch, Dreman +4 more
EPS Growth (3-yr avg, 10-yr window)✗Graham>= 33% growthBasic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)3-5 Year EPS CAGR✗Lynch15-30% (Fast Grower); > 0% to passInventory Growth vs Revenue GrowthInv: -20.5% vs Rev: -8.1%✓LynchInventory growth < Revenue growthEPS Growth Direction✗DremanPositive over recent yearsEPS CAGR✗Dreman> 5% annualizedPositive Net Income Frequency16/21 years positive✓MarksPositive net income in >= 7 of last 10 years3yr Median Revenue Growth-8.0%✗Ackman>= 5%Positive EPS Growth Frequency✗AckmanPositive EPS growth in >= 3 of last 5 years5-Year EPS CAGR✗Templeton> 0% (5-year EPS CAGR)Revenue growth vs. gross and operating margin trendgross margin 33.8% -> 34.3%, operating margin 5.4% -> -22.7%✗SleepRevenue rising; gross margin flat or falling; operating margin holding5-year Revenue CAGR-8.2%✗SleepCAGR > 7%3-5 Year Diluted EPS CAGR✗Neff7%-20% annualized - Valuation15% pass✓ 5✗ 23▾
11 of 13 flag QVCAQ's valuation — Graham, Lynch, Greenblatt +8 more
Price / 3-yr avg EPS✗Graham<= 15xPrice-to-Book Ratio✗Graham<= 1.5xP/E x P/B✗Graham<= 22.5Basic earnings-growth PEG (dividends excluded)✗Lynch< 1.0 (ideally < 0.5)EBIT / Enterprise ValueN/A (EV <= 0)✗Greenblatt> 10%Earnings Yield + ROC AssessmentEY=N/A (EV <= 0), ROC=14.3%✗GreenblattBoth EY > 10% and ROC > 25%Price / EPS✗Dreman< 12x✗Templeton< 12x (fixed ceiling; proxy for the market's cheapest 40%)Price / (CFO / Shares)0.0x✓Dreman< 8xPrice / Book Value per ShareN/A (negative BVPS)✗Dreman< 1.2x✗Templeton< 1.5x✗SchlossP/B <= 0.80x (app cutoff)Valuation ReasonablenessOE Yield=-1006957.0%✗MungerP/E < 25 or Owner Earnings Yield > 5%P/E or FCF YieldFCF Yield=53795.3%✓PabraiP/E < 15 or FCF Yield > 10%P/B or P/E vs. Historical Average✗MarksP/E < 15 or P/B < 2.0Discount to Intrinsic Value✗Marks>= 20% below intrinsic valuePrice / FCF per Share0.0x✓Ackman<= 25Price vs. Trailing Low✗Templeton<= 120% of trailing low (certified split-adjusted live window)Net income / market capitalization-93002.05%; #6294/6340 (top 99.3%)✗AsnessTop 30% of eligible cross-section✗OshaughnessyTop 10% of eligible cross-sectionPositive book equity / market capitalization-17410.5311; #6438/6449 (top 99.8%)✗AsnessTop 30% of eligible cross-sectionPrice / Diluted EPS✗NeffP/E <= 15x (app proxy for a P/E 40%-60% below the market)(EPS CAGR % + Dividend Yield %) / P/E✗Neff> 0.7 (Neff's published traditional edge)Price / Tangible Book Value per ShareN/A (non-positive TBVPS)✗SchlossP/TBV <= 1.00x (app cutoff)Book Value per Share Change✗SchlossLatest BVPS >= earliest BVPS over >= 3 years (app rule)Revenue / market capitalization+40323.6836; #11/5247 (top 0.2%)✓OshaughnessyTop 10% of eligible cross-section(Operating cash flow - capex) / market capitalization+15500.34%; #7/4519 (top 0.2%)✓OshaughnessyTop 10% of eligible cross-sectionTrailing six-month price return through the evaluation date✗OshaughnessyTop 10% of eligible cross-section - Debt & Leverage17% pass✓ 5✗ 10▾
10 of 12 flag QVCAQ's debt & leverage — Buffett, Lynch, Dreman +7 more
LT Debt vs Net Current AssetsLT Debt $0.0M vs NCA $2.6B✓GrahamLT Debt <= Net Current AssetsDebt/Equity & Interest CoverageD/E: N/A (negative equity), IC: 0.5x✗BuffettD/E < 0.5 AND Interest Coverage > 5xTotal Debt / EquityN/A (negative equity)✗Lynch< 0.33Cash - Long-term Debt$1.4B✓LynchPositive preferredLT Debt / Total Assets Change44.37% -> 0.00%✓PiotroskiDecreased YoYCurrent Assets / Current Liabilities3.36✓Dreman> 1.5✓SchlossCurrent ratio >= 1.50x (app cutoff)Total Debt / Shareholders' Equity✗Dreman< 0.8✗Templeton< 1.0 (fixed cap; proxy for below-sector-median leverage)✗SchlossD/E < 1.00xDebt LevelsN/A (non-positive equity)✗MungerDebt/Equity < 0.5✗AkreDebt/Equity < 0.3Interest Coverage & Debt/EBITDAIC=0.5x, D/EBITDA=0.0x✗MarksInterest Coverage > 3x; Debt/EBITDA < 4xTotal Debt / Shareholders Equity✗Ackman<= 1.0Negative debt-to-equity (higher means less debt)✗AsnessTop 30% of eligible cross-section - Efficiency25% pass✓ 3✗ 8▾
6 of 8 flag QVCAQ's efficiency — Buffett, Greenblatt, Piotroski +3 more
Current Ratio3.36✓Graham>= 2.0ROIC (3-5 yr avg)-47.9%✗Buffett> 10%ROIC - WACC-57.9%✗BuffettPositive (WACC = 10%)EBIT / (NWC + Net Fixed Assets)14.3%✗Greenblatt> 25%Current Ratio Change YoY1.21 -> 0.63✗PiotroskiIncreased YoYRevenue / Total Assets Change YoY1.09x -> 1.21x✓PiotroskiImproved YoYCurrent Assets / Current Liabilities3.36✓Dreman> 1.5Return on Invested CapitalN/A (non-positive invested capital)✗Munger> 15%ROIC (high and growing)FY2023: ROIC=8.1%; FY2024: ROIC=-16.0%; FY2025: ROIC=-59.9%✗AkreLatest 3 consecutive FYs: ROIC > 15% in eachReinvestment Rate x ROIC✗AkreReinvestment Rate * ROIC > 10%ROIC (5-year)0/5 years above 12% (latest -59.9%)✗SleepROIC > 12% in a majority of years
Business & financials
Financial snapshot: annual FY 2025. Current investor scores may use newer quarterly data.
Company Profile
Financial Snapshot
Shareholder Return
Fiscal 2025
Share retirement not available for this company.
- Buybacks
- —
- Dividends
- $1.0M
Company Financials
Latest TTM and quarters alongside annual years
TTM sums four consecutive quarters and uses the latest quarter-end balances. Quarter columns show three-month results; annual columns show full-year totals. Growth compares the same period a year earlier. EPS is not added for TTM; full-year ratios are blank for quarters.
The latest annual period end is unavailable. Showing the latest fiscal cycle’s quarters; quarter and annual columns may overlap. Quarterly shows the full quarter history.
| Metric | TTM · 2026-06-30 2025-07-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, capex, dividends paid, revenue, net income, operating income, gross profit, ebit, pre tax income, interest expense, depreciation amortization. | Q2 FY 2026 2026-04-01 – 2026-06-30 Sources · derived quarter valuesDerived from cumulative filings: operating cash flow, capex, dividends paid. | Q1 FY 2026 2026-01-01 – 2026-03-31 Sources | FY 2025Sources
| FY 2024Sources
| FY 2023Sources
| FY 2022Sources
| FY 2021Sources
|
|---|---|---|---|---|---|---|---|---|
| Market Cap | $219.3Kcurrent | -- | -- | $259.6Kest. | -- | -- | -- | -- |
| Revenue | $8.8B↓8% | $2.0B↓11% | $2.0B↓7% | $9.2B↓8% | $10.0B↓8% | $10.9B↓10% | $12.1B↓14% | $14.0B |
| Operating Income | $228.0M↑107% | $51.0M↑102% | $15.0M↑7% | -$2.1B↓159% | -$809.0M↓237% | $590.0M↑129% | -$2.0B↓288% | $1.1B |
| Net Income | -$204.0M↑94% | -$40.0M↑98% | -$47.0M↑53% | -$2.4B↓89% | -$1.3B↓790% | -$145.0M↑94% | -$2.6B↓863% | $340.0M |
| EPS (Diluted) | -- | $-4.93↑98% | $-5.79↓2216% | $-302.97↓9194% | $-3.26↓781% | $-0.37↑95% | $-6.83↓933% | $0.82 |
| Gross Margin | 34.0% | 35.3%↓3% | 34.2% | 34.3%↓2% | 35.0%↑4% | 33.8%↑8% | 31.3%↓9% | 34.3% |
| Operating Margin | 2.6%↑107% | 2.6%↑103% | 0.8%↑15% | -22.7%↓182% | -8.1%↓249% | 5.4%↑132% | -16.9%↓318% | 7.7% |
| ROE | 5.3%↓96% | — | — | 78.7%↓41% | 132.9%↑453% | -37.7%↑94% | -629.6%↓5378% | 11.9% |
| Total Debt | $1.0M↓100% | $1.0M↓100% | $5.8B↑17% | $5.9B↑18% | $5.0B↓7% | $5.3B↓16% | $6.4B↓9% | $7.0B |
| Shareholders' Equity | -$3.8B↓28% | -$3.8B↓28% | -$3.2B↓230% | -$3.1B↓219% | -$971.0M↓352% | $385.0M↓7% | $412.0M↓86% | $2.9B |
| Current Ratio | 3.36↑77% | 3.36↑77% | 0.60↓64% | 0.63↓48% | 1.21↓14% | 1.41↑2% | 1.38↑31% | 1.05 |
| Debt / Equity | -0.00↑100% | -0.00↑100% | -1.81↑65% | -1.89↑63% | -5.12↓137% | 13.87↓10% | 15.42↑529% | 2.45 |
| Operating Cash Flow | $191.0M↓26% | $132.0M↑53% | -$189.0M↓215% | $274.0M↓48% | $525.0M↓43% | $919.0M↑374% | $194.0M↓84% | $1.2B |
| Free Cash Flow | $34.0M↓58% | $95.0M↑98% | -$225.0M↓139% | $118.0M↓64% | $326.0M↓53% | $689.0M↑1031% | -$74.0M↓108% | $981.0M |
Score history
Historical Score Timeline
Industry peers
Industry Peers
Similar companies in Retail
QVCAQ vs Peers — Financial Grading
| Company | Market Cap | Price | Revenue | Net Income | ROE | D/E | Op. Margin | Curr. Ratio | Graham | Buffett | Lynch | Greenblatt | Piotroski | Dreman |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| COSTCO WHOLESALE CORP /NEWCOST | $490.2B | $1106.21 | $275.2B | $8.1B | 27.8% | 0.20 | 3.8% | 1.03 | 2/9 | 5/9 | 6/7 | 1/3 | F-Score 6 | 3/11 |
| HOME DEPOT, INC.HD | $347.9B | $348.69 | $164.7B | $14.2B | 110.5% | 4.00 | 12.7% | 1.06 | 3/9 | 5/9 | 3/7 | 1/3 | F-Score 4 | 3/11 |
| TJX COMPANIES INC /DE/TJX | $148.4B | $134.37 | $60.4B | $5.5B | 53.9% | 0.28 | — | 1.14 | 3/9 | 6/9 | 7/7 | 1/3 | F-Score 7 | 4/11 |
| FASTENAL COFAST | $63.3B | $55.19 | $8.2B | $1.3B | 31.9% | 0.03 | 20.2% | 4.85 | 4/9 | 7/9 | 5/7 | 1/3 | F-Score 7 | 5/11 |
| AUTOZONE INCAZO | $52.5B | $3259.70 | $18.9B | $2.5B | -73.2% | -2.61 | 19.1% | 0.88 | 3/9 | 6/9 | 2/7 | 1/3 | F-Score 6 | 4/11 |
| KROGER COKR | $41.8B | $70.80 | $147.6B | $1.0B | 17.1% | 2.68 | 1.3% | 0.80 | 3/9 | 4/9 | 3/7 | 0/3 | F-Score 7 | 3/11 |
| WILLIAMS SONOMA INCWSM | $29.9B | $254.05 | $7.8B | $1.1B | 52.3% | — | 18.1% | 1.39 | 3/9 | 6/9 | 3/7 | 1/3 | F-Score 5 | 3/11 |
| CASEYS GENERAL STORES INCCASY | $26.3B | $712.08 | $17.6B | $714.4M | 18.1% | 0.62 | — | 1.01 | 3/9 | 3/9 | 2/7 | 0/3 | F-Score 9 | 3/11 |