Comcast Valuation

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

Valuation Score

6/6

Valuation Score 6/6

  • 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.

Discounted Cash Flow
Simply Wall St
€83.23
Fair Value
60.2% undervalued intrinsic discount
28
Number of Analysts

Below Fair Value: CTP2 (€33.14) is trading below our estimate of fair value (€83.23)

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 Ratio8x
EarningsUS$16.19b
Market CapUS$130.33b

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 Average21.8x
CHTR Charter Communications
9.7x5.2%US$56.0b
RRTL RTL Group
11.4x2.7%€4.6b
SAX Ströer SE KGaA
27.2x27.2%€3.1b
G24 Scout24
38.8x15.4%€6.8b
CTP2 Comcast
8x-2.1%€130.3b

Price-To-Earnings vs Peers: CTP2 is good value based on its Price-To-Earnings Ratio (8x) compared to the peer average (21.8x).


Price to Earnings Ratio vs Industry

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

2 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CTP2 8.0xIndustry Avg. 13.4xNo. of Companies16PE01224364860+
2 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CTP2 is good value based on its Price-To-Earnings Ratio (8x) compared to the European Media industry average (13.4x).


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 Ratio8x
Fair PE Ratio27.8x

Price-To-Earnings vs Fair Ratio: CTP2 is good value based on its Price-To-Earnings Ratio (8x) compared to the estimated Fair Price-To-Earnings Ratio (27.8x).


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€33.14
€41.43
+25.0%
13.2%€52.86€33.64n/a28
Feb ’26€32.49
€42.44
+30.6%
12.4%€53.06€33.76n/a28
Jan ’26€36.17
€45.60
+26.1%
9.3%€54.24€35.21n/a28
Dec ’25€40.88
€46.05
+12.7%
9.8%€57.27€35.32n/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€38.87€32.4928
Jan ’25€40.05
€45.27
+13.0%
8.9%€54.48€38.14€36.1728
Dec ’24€38.81
€46.11
+18.8%
8.9%€56.10€39.27€40.8829
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
Analyst Price Target
Consensus Narrative from 28 Analysts
€41.44
Fair Value
20.0% undervalued intrinsic discount
28
Number of Analysts

Analyst Forecast: Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement.


Discover undervalued companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/02/07 06:07
End of Day Share Price 2025/02/07 00:00
Earnings2024/12/31
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Comcast Corporation is covered by 69 analysts. 29 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew Charles BealeArete Research Services LLP
Joseph BonnerArgus Research Company
William PowerBaird