Comcast Corporation

XTRA:CTP2 Stock Report

Market Cap: €155.8b

Comcast Valuation

Is CTP2 undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

5/6

Valuation Score 5/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CTP2 when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CTP2 (€40.19) is trading below our estimate of fair value (€102.91)

Significantly Below Fair Value: CTP2 is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CTP2?

Key metric: As CTP2 is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CTP2. This is calculated by dividing CTP2's market cap by their current earnings.
What is CTP2's PE Ratio?
PE Ratio11.2x
EarningsUS$14.68b
Market CapUS$164.54b

Price to Earnings Ratio vs Peers

How does CTP2's PE Ratio compare to its peers?

The above table shows the PE ratio for CTP2 vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average19.8x
CHTR Charter Communications
11.7x5.2%US$62.1b
RRTL RTL Group
9.4x-3.8%€3.7b
SAX Ströer SE KGaA
23.1x29.2%€2.7b
G24 Scout24
34.8x14.8%€6.1b
CTP2 Comcast
11.2x1.7%€164.5b

Price-To-Earnings vs Peers: CTP2 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the peer average (19.8x).

Price to Earnings Ratio vs Industry

How does CTP2's PE Ratio compare vs other companies in the European Media Industry?

1 CompanyPrice / EarningsEstimated GrowthMarket Cap
CTP2 11.2xIndustry Avg. 12.9xNo. of Companies16PE01020304050+
1 CompanyEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CTP2 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the European Media industry average (12.9x).

Price to Earnings Ratio vs Fair Ratio

What is CTP2's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CTP2 PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio11.2x
Fair PE Ratio23.2x

Price-To-Earnings vs Fair Ratio: CTP2 is good value based on its Price-To-Earnings Ratio (11.2x) compared to the estimated Fair Price-To-Earnings Ratio (23.2x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CTP2 forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
Current€40.19
€45.62
+13.5%
10.2%€56.82€33.15n/a27
Nov ’25€39.99
€43.94
+9.9%
11.0%€55.37€32.30n/a27
Oct ’25€37.45
€42.12
+12.5%
10.4%€49.89€31.75n/a27
Sep ’25€35.45
€42.64
+20.3%
10.0%€50.34€32.03n/a27
Aug ’25€37.74
€42.83
+13.5%
10.2%€50.70€32.27n/a27
Jul ’25€35.76
€43.85
+22.6%
10.5%€52.28€31.74n/a27
Jun ’25€36.14
€44.35
+22.7%
8.9%€51.85€37.04n/a27
May ’25€36.18
€44.91
+24.1%
8.3%€52.23€38.24n/a29
Apr ’25€40.02
€47.04
+17.5%
8.3%€55.86€39.10n/a29
Mar ’25€39.60
€46.98
+18.6%
8.4%€55.71€39.00n/a29
Feb ’25€43.07
€46.71
+8.4%
8.5%€55.53€38.87n/a28
Jan ’25€40.05
€45.27
+13.0%
8.9%€54.48€38.14n/a28
Dec ’24€38.81
€46.11
+18.8%
8.9%€56.10€39.27n/a29
Nov ’24€39.42
€46.55
+18.1%
9.1%€56.78€39.74€39.9929
Oct ’24€41.98
€46.88
+11.7%
8.5%€56.65€36.82€37.4527
Sep ’24€43.08
€45.62
+5.9%
8.5%€55.00€35.75€35.4528
Aug ’24€41.40
€44.71
+8.0%
9.7%€54.63€35.51€37.7429
Jul ’24€38.01
€41.62
+9.5%
10.9%€54.73€32.84€35.7630
Jun ’24€36.37
€42.55
+17.0%
11.2%€56.14€33.69€36.1429
May ’24€36.50
€41.15
+12.7%
11.2%€54.69€31.90€36.1829
Apr ’24€34.55
€40.02
+15.8%
13.1%€55.35€30.44€40.0229
Mar ’24€34.27
€40.72
+18.8%
13.0%€56.27€30.95€39.6029
Feb ’24€36.07
€39.76
+10.2%
14.8%€55.22€30.37€43.0731
Jan ’24€33.29
€39.78
+19.5%
21.3%€66.04€27.36€40.0532
Dec ’23€35.00
€40.41
+15.4%
22.2%€67.58€28.00€38.8132
Nov ’23€32.22
€42.62
+32.3%
21.8%€70.87€29.36€39.4232

Analyst Forecast: Target price is less than 20% higher than the current share price.

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