COMCAST CORP-CLASS A (CMCSA) Stock Fundamental Analysis
NASDAQ:CMCSA - Nasdaq - US20030N1019 - Common Stock - Currency: USD
We assign a fundamental rating of 5 out of 10 to CMCSA. CMCSA was compared to 97 industry peers in the Media industry. While CMCSA belongs to the best of the industry regarding profitability, there are concerns on its financial health. CMCSA is cheap, but on the other hand it scores bad on growth. CMCSA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CMCSA was profitable.
In the past year CMCSA had a positive cash flow from operations.
Each year in the past 5 years CMCSA has been profitable.
CMCSA had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CMCSA has a better Return On Assets (5.87%) than 85.57% of its industry peers.
With an excellent Return On Equity value of 18.13%, CMCSA belongs to the best of the industry, outperforming 87.63% of the companies in the same industry.
CMCSA has a better Return On Invested Capital (8.15%) than 82.47% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CMCSA is in line with the industry average of 7.56%.
The 3 year average ROIC (8.07%) for CMCSA is below the current ROIC(8.15%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.87% | ||
| ROE | 18.13% | ||
| ROIC | 8.15% |
ROA(3y)4.66%
ROA(5y)4.59%
ROE(3y)14.72%
ROE(5y)14.11%
ROIC(3y)8.07%
ROIC(5y)7.33%
1.3 Margins
CMCSA has a better Profit Margin (12.71%) than 88.66% of its industry peers.
In the last couple of years the Profit Margin of CMCSA has grown nicely.
CMCSA's Operating Margin of 18.73% is amongst the best of the industry. CMCSA outperforms 86.60% of its industry peers.
CMCSA's Operating Margin has been stable in the last couple of years.
CMCSA has a better Gross Margin (70.36%) than 86.60% of its industry peers.
In the last couple of years the Gross Margin of CMCSA has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.73% | ||
| PM (TTM) | 12.71% | ||
| GM | 70.36% |
OM growth 3Y1.54%
OM growth 5Y-0.78%
PM growth 3Y2.46%
PM growth 5Y1.77%
GM growth 3Y1.53%
GM growth 5Y0.49%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CMCSA is still creating some value.
Compared to 1 year ago, CMCSA has less shares outstanding
The number of shares outstanding for CMCSA has been reduced compared to 5 years ago.
Compared to 1 year ago, CMCSA has a worse debt to assets ratio.
2.2 Solvency
CMCSA has an Altman-Z score of 1.43. This is a bad value and indicates that CMCSA is not financially healthy and even has some risk of bankruptcy.
CMCSA has a Altman-Z score (1.43) which is in line with its industry peers.
The Debt to FCF ratio of CMCSA is 7.38, which is on the high side as it means it would take CMCSA, 7.38 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 7.38, CMCSA is in the better half of the industry, outperforming 68.04% of the companies in the same industry.
CMCSA has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
CMCSA has a Debt to Equity ratio of 1.07. This is in the lower half of the industry: CMCSA underperforms 60.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 7.38 | ||
| Altman-Z | 1.43 |
ROIC/WACC1.22
WACC6.67%
2.3 Liquidity
CMCSA has a Current Ratio of 0.65. This is a bad value and indicates that CMCSA is not financially healthy enough and could expect problems in meeting its short term obligations.
CMCSA has a worse Current ratio (0.65) than 81.44% of its industry peers.
CMCSA has a Quick Ratio of 0.65. This is a bad value and indicates that CMCSA is not financially healthy enough and could expect problems in meeting its short term obligations.
CMCSA has a Quick ratio of 0.65. This is amonst the worse of the industry: CMCSA underperforms 81.44% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 |
3. Growth
3.1 Past
CMCSA shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 7.09%.
CMCSA shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 6.77% yearly.
The Revenue has been growing slightly by 1.33% in the past year.
CMCSA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.58% yearly.
EPS 1Y (TTM)7.09%
EPS 3Y10.15%
EPS 5Y6.77%
EPS Q2Q%4.81%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y2.06%
Revenue growth 5Y2.58%
Sales Q2Q%-0.57%
3.2 Future
Based on estimates for the next years, CMCSA will show a small growth in Earnings Per Share. The EPS will grow by 6.27% on average per year.
Based on estimates for the next years, CMCSA will show a small growth in Revenue. The Revenue will grow by 0.62% on average per year.
EPS Next Y3.18%
EPS Next 2Y5.26%
EPS Next 3Y6.4%
EPS Next 5Y6.27%
Revenue Next Year-0.83%
Revenue Next 2Y1.05%
Revenue Next 3Y0.53%
Revenue Next 5Y0.62%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
A Price/Earnings ratio of 8.18 indicates a reasonable valuation of CMCSA.
Compared to the rest of the industry, the Price/Earnings ratio of CMCSA indicates a rather cheap valuation: CMCSA is cheaper than 84.54% of the companies listed in the same industry.
CMCSA is valuated cheaply when we compare the Price/Earnings ratio to 27.28, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 7.47, the valuation of CMCSA can be described as very cheap.
Based on the Price/Forward Earnings ratio, CMCSA is valued cheaper than 82.47% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.76, CMCSA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.18 | ||
| Fwd PE | 7.47 |
4.2 Price Multiples
CMCSA's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CMCSA is cheaper than 80.41% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, CMCSA is valued cheaper than 81.44% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.96 | ||
| EV/EBITDA | 5.91 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates CMCSA does not grow enough to justify the current Price/Earnings ratio.
The excellent profitability rating of CMCSA may justify a higher PE ratio.
PEG (NY)2.57
PEG (5Y)1.21
EPS Next 2Y5.26%
EPS Next 3Y6.4%
5. Dividend
5.1 Amount
CMCSA has a Yearly Dividend Yield of 3.75%.
Compared to an average industry Dividend Yield of 4.79, CMCSA pays a better dividend. On top of this CMCSA pays more dividend than 83.51% of the companies listed in the same industry.
CMCSA's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
5.2 History
The dividend of CMCSA is nicely growing with an annual growth rate of 8.54%!
CMCSA has paid a dividend for at least 10 years, which is a reliable track record.
As CMCSA did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)8.54%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
CMCSA pays out 30.84% of its income as dividend. This is a sustainable payout ratio.
The dividend of CMCSA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP30.84%
EPS Next 2Y5.26%
EPS Next 3Y6.4%
35.83
-0.5 (-1.38%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners88.57%
Inst Owner Change-0.73%
Ins Owners0.03%
Ins Owner Change0.91%
Market Cap133.78B
Analysts72.82
Price Target41.61 (16.13%)
Short Float %1.17%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.75% |
Yearly Dividend1.24
Dividend Growth(5Y)8.54%
DP30.84%
Div Incr Years5
Div Non Decr Years5
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)7.91%
Min EPS beat(2)7.62%
Max EPS beat(2)8.2%
EPS beat(4)4
Avg EPS beat(4)5.92%
Min EPS beat(4)2.59%
Max EPS beat(4)8.2%
EPS beat(8)8
Avg EPS beat(8)6.5%
EPS beat(12)12
Avg EPS beat(12)6.25%
EPS beat(16)16
Avg EPS beat(16)7.22%
Revenue beat(2)0
Avg Revenue beat(2)-2.29%
Min Revenue beat(2)-2.51%
Max Revenue beat(2)-2.06%
Revenue beat(4)0
Avg Revenue beat(4)-2.55%
Min Revenue beat(4)-3.99%
Max Revenue beat(4)-1.65%
Revenue beat(8)0
Avg Revenue beat(8)-2%
Revenue beat(12)0
Avg Revenue beat(12)-1.99%
Revenue beat(16)1
Avg Revenue beat(16)-1.58%
PT rev (1m)-0.18%
PT rev (3m)-6.42%
EPS NQ rev (1m)0.1%
EPS NQ rev (3m)-1.26%
EPS NY rev (1m)-0.04%
EPS NY rev (3m)1.84%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.29%
Revenue NY rev (1m)0.02%
Revenue NY rev (3m)-0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.18 | ||
| Fwd PE | 7.47 | ||
| P/S | 1.08 | ||
| P/FCF | 9.96 | ||
| P/OCF | 4.76 | ||
| P/B | 1.54 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.91 |
EPS(TTM)4.38
EY12.22%
EPS(NY)4.8
Fwd EY13.39%
FCF(TTM)3.6
FCFY10.04%
OCF(TTM)7.53
OCFY21.02%
SpS33.09
BVpS23.2
TBVpS-18.62
PEG (NY)2.57
PEG (5Y)1.21
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.87% | ||
| ROE | 18.13% | ||
| ROCE | 10.27% | ||
| ROIC | 8.15% | ||
| ROICexc | 8.47% | ||
| ROICexgc | 30.29% | ||
| OM | 18.73% | ||
| PM (TTM) | 12.71% | ||
| GM | 70.36% | ||
| FCFM | 10.87% |
ROA(3y)4.66%
ROA(5y)4.59%
ROE(3y)14.72%
ROE(5y)14.11%
ROIC(3y)8.07%
ROIC(5y)7.33%
ROICexc(3y)8.3%
ROICexc(5y)7.57%
ROICexgc(3y)29.37%
ROICexgc(5y)28.09%
ROCE(3y)10.17%
ROCE(5y)9.23%
ROICexcg growth 3Y2.71%
ROICexcg growth 5Y-1.33%
ROICexc growth 3Y6.48%
ROICexc growth 5Y2.54%
OM growth 3Y1.54%
OM growth 5Y-0.78%
PM growth 3Y2.46%
PM growth 5Y1.77%
GM growth 3Y1.53%
GM growth 5Y0.49%
F-Score8
Asset Turnover0.46
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 7.38 | ||
| Debt/EBITDA | 2.41 | ||
| Cap/Depr | 97.32% | ||
| Cap/Sales | 11.89% | ||
| Interest Coverage | 6.43 | ||
| Cash Conversion | 73.53% | ||
| Profit Quality | 85.46% | ||
| Current Ratio | 0.65 | ||
| Quick Ratio | 0.65 | ||
| Altman-Z | 1.43 |
F-Score8
WACC6.67%
ROIC/WACC1.22
Cap/Depr(3y)103.41%
Cap/Depr(5y)97.28%
Cap/Sales(3y)12.12%
Cap/Sales(5y)11.59%
Profit Quality(3y)132.4%
Profit Quality(5y)128.46%
High Growth Momentum
Growth
EPS 1Y (TTM)7.09%
EPS 3Y10.15%
EPS 5Y6.77%
EPS Q2Q%4.81%
EPS Next Y3.18%
EPS Next 2Y5.26%
EPS Next 3Y6.4%
EPS Next 5Y6.27%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y2.06%
Revenue growth 5Y2.58%
Sales Q2Q%-0.57%
Revenue Next Year-0.83%
Revenue Next 2Y1.05%
Revenue Next 3Y0.53%
Revenue Next 5Y0.62%
EBIT growth 1Y-1.36%
EBIT growth 3Y3.63%
EBIT growth 5Y1.78%
EBIT Next Year63.49%
EBIT Next 3Y18.78%
EBIT Next 5Y10.85%
FCF growth 1Y14.89%
FCF growth 3Y-9.79%
FCF growth 5Y-1.12%
OCF growth 1Y6.58%
OCF growth 3Y-1.71%
OCF growth 5Y1.49%