COMCAST CORP-CLASS A (1CMCSA.MI) Stock Fundamental Analysis
BIT:1CMCSA - Borsa Italiana Milan - US20030N1019 - Common Stock - Currency: EUR
Overall 1CMCSA gets a fundamental rating of 5 out of 10. We evaluated 1CMCSA against 69 industry peers in the Media industry. While 1CMCSA belongs to the best of the industry regarding profitability, there are concerns on its financial health. 1CMCSA has a valuation in line with the averages, but it does not seem to be growing.
1. Profitability
1.1 Basic Checks
In the past year 1CMCSA was profitable.
In the past year 1CMCSA had a positive cash flow from operations.
1CMCSA had positive earnings in each of the past 5 years.
1CMCSA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1CMCSA has a better Return On Assets (5.44%) than 73.77% of its industry peers.
1CMCSA has a Return On Equity of 17.11%. This is in the better half of the industry: 1CMCSA outperforms 78.69% of its industry peers.
1CMCSA has a Return On Invested Capital of 6.22%. This is comparable to the rest of the industry: 1CMCSA outperforms 54.10% of its industry peers.
1CMCSA had an Average Return On Invested Capital over the past 3 years of 6.07%. This is below the industry average of 9.42%.
The last Return On Invested Capital (6.22%) for 1CMCSA is above the 3 year average (6.07%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.44% | ||
| ROE | 17.11% | ||
| ROIC | 6.22% |
ROA(3y)4.34%
ROA(5y)4.37%
ROE(3y)13.33%
ROE(5y)13.48%
ROIC(3y)6.07%
ROIC(5y)5.71%
1.3 Margins
Looking at the Profit Margin, with a value of 11.92%, 1CMCSA belongs to the top of the industry, outperforming 81.97% of the companies in the same industry.
In the last couple of years the Profit Margin of 1CMCSA has remained more or less at the same level.
The Operating Margin of 1CMCSA (18.51%) is better than 93.44% of its industry peers.
1CMCSA's Operating Margin has been stable in the last couple of years.
With a decent Gross Margin value of 69.73%, 1CMCSA is doing good in the industry, outperforming 63.93% of the companies in the same industry.
In the last couple of years the Gross Margin of 1CMCSA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.51% | ||
| PM (TTM) | 11.92% | ||
| GM | 69.73% |
OM growth 3Y4.19%
OM growth 5Y-0.74%
PM growth 3Y7.56%
PM growth 5Y0.39%
GM growth 3Y0.85%
GM growth 5Y0.34%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so 1CMCSA is destroying value.
Compared to 1 year ago, 1CMCSA has less shares outstanding
Compared to 5 years ago, 1CMCSA has less shares outstanding
Compared to 1 year ago, 1CMCSA has an improved debt to assets ratio.
2.2 Solvency
1CMCSA has an Altman-Z score of 1.44. This is a bad value and indicates that 1CMCSA is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 1.44, 1CMCSA perfoms like the industry average, outperforming 45.90% of the companies in the same industry.
The Debt to FCF ratio of 1CMCSA is 9.22, which is on the high side as it means it would take 1CMCSA, 9.22 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 9.22, 1CMCSA is not doing good in the industry: 63.93% of the companies in the same industry are doing better.
1CMCSA has a Debt/Equity ratio of 1.15. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 1.15, 1CMCSA is doing worse than 70.49% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 9.22 | ||
| Altman-Z | 1.44 |
ROIC/WACC0.96
WACC6.47%
2.3 Liquidity
A Current Ratio of 0.72 indicates that 1CMCSA may have some problems paying its short term obligations.
1CMCSA's Current ratio of 0.72 is on the low side compared to the rest of the industry. 1CMCSA is outperformed by 80.33% of its industry peers.
A Quick Ratio of 0.72 indicates that 1CMCSA may have some problems paying its short term obligations.
The Quick ratio of 1CMCSA (0.72) is worse than 72.13% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 6.58% over the past year.
1CMCSA shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 9.17% yearly.
The Revenue has been growing slightly by 1.82% in the past year.
Measured over the past years, 1CMCSA shows a small growth in Revenue. The Revenue has been growing by 5.17% on average per year.
EPS 1Y (TTM)6.58%
EPS 3Y15.01%
EPS 5Y9.17%
EPS Q2Q%3.7%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y5.49%
Revenue growth 5Y5.17%
Sales Q2Q%6.49%
3.2 Future
Based on estimates for the next years, 1CMCSA will show a small growth in Earnings Per Share. The EPS will grow by 7.27% on average per year.
1CMCSA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 1.55% yearly.
EPS Next Y9.44%
EPS Next 2Y6.4%
EPS Next 3Y7.91%
EPS Next 5Y7.27%
Revenue Next Year2.2%
Revenue Next 2Y0.77%
Revenue Next 3Y1.58%
Revenue Next 5Y1.55%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 8.91, the valuation of 1CMCSA can be described as very reasonable.
1CMCSA's Price/Earnings ratio is a bit cheaper when compared to the industry. 1CMCSA is cheaper than 65.57% of the companies in the same industry.
When comparing the Price/Earnings ratio of 1CMCSA to the average of the S&P500 Index (28.47), we can say 1CMCSA is valued rather cheaply.
A Price/Forward Earnings ratio of 8.35 indicates a reasonable valuation of 1CMCSA.
Compared to the rest of the industry, the Price/Forward Earnings ratio of 1CMCSA indicates a somewhat cheap valuation: 1CMCSA is cheaper than 68.85% of the companies listed in the same industry.
1CMCSA's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 92.74.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.91 | ||
| Fwd PE | 8.35 |
4.2 Price Multiples
1CMCSA's Enterprise Value to EBITDA is on the same level as the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of 1CMCSA is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.06 | ||
| EV/EBITDA | 6.33 |
4.3 Compensation for Growth
1CMCSA's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
1CMCSA has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)0.94
PEG (5Y)0.97
EPS Next 2Y6.4%
EPS Next 3Y7.91%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.31%, 1CMCSA has a reasonable but not impressive dividend return.
1CMCSA's Dividend Yield is a higher than the industry average which is at 5.05.
1CMCSA's Dividend Yield is a higher than the S&P500 average which is at 2.28.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
5.2 History
On average, the dividend of 1CMCSA grows each year by 9.72%, which is quite nice.
Dividend Growth(5Y)9.72%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
1CMCSA pays out 32.74% of its income as dividend. This is a sustainable payout ratio.
1CMCSA's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP32.74%
EPS Next 2Y6.4%
EPS Next 3Y7.91%
COMCAST CORP-CLASS A
BIT:1CMCSA (1/13/2025, 7:00:00 PM)
35.82
-5.16 (-12.6%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners87.9%
Inst Owner ChangeN/A
Ins Owners0.03%
Ins Owner ChangeN/A
Market Cap137.07B
Analysts76.41
Price Target46.71 (30.4%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.31% |
Yearly Dividend1.16
Dividend Growth(5Y)9.72%
DP32.74%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)3.93%
Min EPS beat(2)2.59%
Max EPS beat(2)5.28%
EPS beat(4)4
Avg EPS beat(4)3.2%
Min EPS beat(4)2.17%
Max EPS beat(4)5.28%
EPS beat(8)8
Avg EPS beat(8)6.05%
EPS beat(12)12
Avg EPS beat(12)5.4%
EPS beat(16)16
Avg EPS beat(16)8.65%
Revenue beat(2)0
Avg Revenue beat(2)-2.82%
Min Revenue beat(2)-3.99%
Max Revenue beat(2)-1.65%
Revenue beat(4)0
Avg Revenue beat(4)-2.07%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)-0.54%
Revenue beat(8)0
Avg Revenue beat(8)-1.9%
Revenue beat(12)0
Avg Revenue beat(12)-1.76%
Revenue beat(16)2
Avg Revenue beat(16)-1.33%
PT rev (1m)-0.73%
PT rev (3m)-9.31%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.99%
EPS NY rev (1m)-0.13%
EPS NY rev (3m)-0.91%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.67%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)-0.7%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.91 | ||
| Fwd PE | 8.35 | ||
| P/S | 1.17 | ||
| P/FCF | 13.06 | ||
| P/OCF | 5.63 | ||
| P/B | 1.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 6.33 |
EPS(TTM)4.02
EY11.22%
EPS(NY)4.29
Fwd EY11.98%
FCF(TTM)2.74
FCFY7.66%
OCF(TTM)6.37
OCFY17.78%
SpS30.71
BVpS21.41
TBVpS-18.32
PEG (NY)0.94
PEG (5Y)0.97
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.44% | ||
| ROE | 17.11% | ||
| ROCE | 9.81% | ||
| ROIC | 6.22% | ||
| ROICexc | 6.47% | ||
| ROICexgc | 22.54% | ||
| OM | 18.51% | ||
| PM (TTM) | 11.92% | ||
| GM | 69.73% | ||
| FCFM | 8.93% |
ROA(3y)4.34%
ROA(5y)4.37%
ROE(3y)13.33%
ROE(5y)13.48%
ROIC(3y)6.07%
ROIC(5y)5.71%
ROICexc(3y)6.24%
ROICexc(5y)5.89%
ROICexgc(3y)22.86%
ROICexgc(5y)22.75%
ROCE(3y)9.57%
ROCE(5y)9%
ROICexcg growth 3Y7.1%
ROICexcg growth 5Y0.41%
ROICexc growth 3Y12.36%
ROICexc growth 5Y4.57%
OM growth 3Y4.19%
OM growth 5Y-0.74%
PM growth 3Y7.56%
PM growth 5Y0.39%
GM growth 3Y0.85%
GM growth 5Y0.34%
F-Score5
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.15 | ||
| Debt/FCF | 9.22 | ||
| Debt/EBITDA | 2.65 | ||
| Cap/Depr | 100.17% | ||
| Cap/Sales | 11.8% | ||
| Interest Coverage | 6.24 | ||
| Cash Conversion | 68.45% | ||
| Profit Quality | 74.91% | ||
| Current Ratio | 0.72 | ||
| Quick Ratio | 0.72 | ||
| Altman-Z | 1.44 |
F-Score5
WACC6.47%
ROIC/WACC0.96
Cap/Depr(3y)98.45%
Cap/Depr(5y)96.02%
Cap/Sales(3y)11.49%
Cap/Sales(5y)11.42%
Profit Quality(3y)146.81%
Profit Quality(5y)133.29%
High Growth Momentum
Growth
EPS 1Y (TTM)6.58%
EPS 3Y15.01%
EPS 5Y9.17%
EPS Q2Q%3.7%
EPS Next Y9.44%
EPS Next 2Y6.4%
EPS Next 3Y7.91%
EPS Next 5Y7.27%
Revenue 1Y (TTM)1.82%
Revenue growth 3Y5.49%
Revenue growth 5Y5.17%
Sales Q2Q%6.49%
Revenue Next Year2.2%
Revenue Next 2Y0.77%
Revenue Next 3Y1.58%
Revenue Next 5Y1.55%
EBIT growth 1Y-2.42%
EBIT growth 3Y9.91%
EBIT growth 5Y4.39%
EBIT Next Year57.79%
EBIT Next 3Y18.35%
EBIT Next 5Y11.38%
FCF growth 1Y-27.2%
FCF growth 3Y-0.36%
FCF growth 5Y0.59%
OCF growth 1Y-9.58%
OCF growth 3Y4.84%
OCF growth 5Y3.24%