NasdaqGS:CMCS.A

Stock Analysis Report

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Executive Summary

Comcast Corporation operates as a media and technology company worldwide.


Snowflake Analysis

Average dividend payer and fair value.


Similar Companies

Share Price & News

How has Comcast's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CMCS.A has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

2.5%

CMCS.A

1.1%

US Media

0.7%

US Market


1 Year Return

2.3%

CMCS.A

8.2%

US Media

20.1%

US Market

Return vs Industry: CMCS.A underperformed the US Media industry which returned 5.6% over the past year.

Return vs Market: CMCS.A underperformed the US Market which returned 17.1% over the past year.


Shareholder returns

CMCS.AIndustryMarket
7 Day2.5%1.1%0.7%
30 Day6.9%7.9%6.4%
90 Day21.2%19.7%20.1%
1 Year4.5%2.3%9.8%8.2%22.6%20.1%
3 Year11.8%5.1%7.7%3.3%45.1%35.7%
5 Year59.2%44.6%46.5%36.3%79.7%60.3%

Price Volatility Vs. Market

How volatile is Comcast's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Comcast undervalued compared to its fair value and its price relative to the market?

32.1%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CMCS.A ($43.33) is trading below our estimate of fair value ($63.84)

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


Price To Earnings Ratio

PE vs Industry: CMCS.A is poor value based on its PE Ratio (17.2x) compared to the US Media industry average (14.5x).

PE vs Market: CMCS.A is good value based on its PE Ratio (17.2x) compared to the US market (19.1x).


Price to Earnings Growth Ratio

PEG Ratio: CMCS.A is poor value based on its PEG Ratio (1.1x)


Price to Book Ratio

PB vs Industry: CMCS.A is overvalued based on its PB Ratio (2.4x) compared to the US Media industry average (1.5x).


Next Steps

Future Growth

How is Comcast forecast to perform in the next 1 to 3 years based on estimates from 30 analysts?

15.4%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CMCS.A's forecast earnings growth (15.4% per year) is above the savings rate (2.2%).

Earnings vs Market: CMCS.A's earnings (15.4% per year) are forecast to grow slower than the US market (24.1% per year).

High Growth Earnings: CMCS.A's earnings are forecast to grow, but not significantly.

Revenue vs Market: CMCS.A's revenue (4.8% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: CMCS.A's revenue (4.8% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CMCS.A's Return on Equity is forecast to be low in 3 years time (15.7%).


Next Steps

Past Performance

How has Comcast performed over the past 5 years?

11.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CMCS.A has high quality earnings.

Growing Profit Margin: CMCS.A's current net profit margins (10.9%) are lower than last year (11.6%).


Past Earnings Growth Analysis

Earnings Trend: CMCS.A's earnings have grown by 11.1% per year over the past 5 years.

Accelerating Growth: CMCS.A's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: CMCS.A had negative earnings growth (-4.7%) over the past year, making it difficult to compare to the Media industry average (-3.3%).


Return on Equity

High ROE: CMCS.A's Return on Equity (13.6%) is considered low.


Next Steps

Financial Health

How is Comcast's financial position?


Financial Position Analysis

Short Term Liabilities: CMCS.A's short term assets ($27.5B) do not cover its short term liabilities ($28.4B).

Long Term Liabilities: CMCS.A's short term assets ($27.5B) do not cover its long term liabilities ($151.5B).


Debt to Equity History and Analysis

Debt Level: CMCS.A's debt to equity ratio (121.5%) is considered high.

Reducing Debt: CMCS.A's debt to equity ratio has increased from 90.1% to 121.5% over the past 5 years.

Debt Coverage: CMCS.A's debt is well covered by operating cash flow (24.8%).

Interest Coverage: CMCS.A's interest payments on its debt are well covered by EBIT (4.5x coverage).


Balance Sheet


Next Steps

Dividend

What is Comcast current dividend yield, its reliability and sustainability?

2.12%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: CMCS.A's dividend (2.12%) is higher than the bottom 25% of dividend payers in the US market (1.6%).

High Dividend: CMCS.A's dividend (2.12%) is low compared to the top 25% of dividend payers in the US market (4.3%).


Stability and Growth of Payments

Stable Dividend: CMCS.A's dividend payments have been volatile in the past 10 years.

Growing Dividend: CMCS.A's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (34.9%), CMCS.A's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CMCS.A's dividends in 3 years are forecast to be well covered by earnings (32.1% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

1.0yrs

Average management tenure


CEO

Brian Roberts (60 yo)

17.75yrs

Tenure

US$36,370,183

Compensation

Mr. Brian L. Roberts serves as the Principal Executive Officer of IR-TCI Partners V L P and also has been its Chairman since November 2002 He serves as Principal Executive Officer at NBCUniversal Media, LL ...


CEO Compensation Analysis

Compensation vs Market: Brian's total compensation ($USD36.37M) is above average for companies of similar size in the US market ($USD11.36M).

Compensation vs Earnings: Brian's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Brian Roberts
Chairman & CEO17.75yrsUS$36.37m0.78%
$ 1.5b
Michael Cavanagh
Chief Financial Officer5.08yrsUS$26.80m0.0049%
$ 9.6m
David Watson
President & CEO of Comcast Cableno dataUS$16.94m0.020%
$ 39.2m
Melinda Lindsley
Operations Directorno datano datano data
Daniel Murdock
Executive VP3.42yrsno data0.000070%
$ 138.6k
Matthew Zelesko
Chief Technology Officerno datano datano data
Adam Miller
Chief Administration Officer0.58yrno data0.00079%
$ 1.6m
Marci Ryvicker
Senior Vice President of Investor Relations0.58yrno datano data
Jennifer Heller
Chief Compliance Officerno datano datano data
Thomas Reid
Chief Legal Officer & Secretary1.33yrsno datano data
Candy Lawson
Senior VP0.33yrno datano data
Jennifer Newcomb
Executive VP & Chief Communications Officer0.50yrno datano data

1.0yrs

Average Tenure

56yo

Average Age

Experienced Management: CMCS.A's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Brian Roberts
Chairman & CEO17.75yrsUS$36.37m0.78%
$ 1.5b
David Scott
Chairman & CEO of Comcast Spectacorno datano datano data
Thomas Williams
Chairman & CEO of Universal Parks & Resortsno datano datano data
Gerald Hassell
Independent Director12.25yrsUS$517.69k0.00070%
$ 1.4m
Edward Breen
Lead Independent Director4.58yrsUS$380.34k0.0029%
$ 5.7m
Kenneth Bacon
Independent Director17.75yrsUS$465.19k0.00074%
$ 1.5m
Cesar Conde
Chairman of NBCUniversal News Group0.25yrno datano data
Fred Shabel
Vice Chairman of Comcast Spectacorno datano datano data
Donna Langley
Chairman of Universal Picturesno datano datano data
Jeffrey Honickman
Independent Director14.67yrsUS$672.52k0.0034%
$ 6.7m
Mark Lazarus
Chairman of NBCUniversal Television and Streamingno datano datano data
Madeline Bell
Independent Director4.5yrsUS$337.37k0.00010%
$ 197.9k

12.3yrs

Average Tenure

63.5yo

Average Age

Experienced Board: CMCS.A's board of directors are seasoned and experienced ( 12.3 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Comcast Corporation's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Comcast Corporation
  • Ticker: CMCS.A
  • Exchange: NasdaqGS
  • Founded: 1963
  • Industry: Cable and Satellite
  • Sector: Media
  • Market Cap: US$197.936b
  • Shares outstanding: 4.57b
  • Website: https://corporate.comcast.com

Number of Employees


Location

  • Comcast Corporation
  • One Comcast Center
  • 1701 JFK Boulevard
  • Philadelphia
  • Pennsylvania
  • 19103-2838
  • United States

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CMCS.ANasdaqGS (Nasdaq Global Select)YesClass A Common StockUSUSDDec 1972
CMCSA *BMV (Bolsa Mexicana de Valores)YesClass A Common StockMXMXNDec 1972
CTP2XTRA (XETRA Trading Platform)YesClass A Common StockDEEURDec 1972
CTP2DB (Deutsche Boerse AG)YesClass A Common StockDEEURDec 1972
CMCSASNSE (Santiago Stock Exchange)YesClass A Common StockCLUSDDec 1972
CMCSASWX (SIX Swiss Exchange)YesClass A Common StockCHCHFDec 1972
CMCS-UETLX (Eurotlx)YesClass A Common StockITEURDec 1972
CMCSWBAG (Wiener Boerse AG)YesClass A Common StockATEURDec 1972
CMCS34BOVESPA (Bolsa de Valores de Sao Paulo)BDR EACH REPR 1 COM SHSBRBRLAug 2012

Biography

Comcast Corporation operates as a media and technology company worldwide. It operates through Cable Communications, Cable Networks, Broadcast Television, Filmed Entertainment, Theme Parks, and Sky segments ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/08/12 23:43
End of Day Share Price2020/08/12 00:00
Earnings2020/06/30
Annual Earnings2019/12/31


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 here.