COMCAST CORP-CLASS A (CTP2.DE) Stock Fundamental Analysis
Europe - Frankfurt Stock Exchange - FRA:CTP2 - US20030N1019 - Common Stock
24.71 EUR
-0.12 (-0.5%)
CTP2 gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 35 industry peers in the Diversified Telecommunication Services industry. CTP2 scores excellent on profitability, but there are some minor concerns on its financial health. CTP2 is cheap, but on the other hand it scores bad on growth. CTP2 also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- In the past year CTP2 was profitable.
- CTP2 had a positive operating cash flow in the past year.
- CTP2 had positive earnings in each of the past 5 years.
- In the past 5 years CTP2 always reported a positive cash flow from operatings.
1.2 Ratios
- CTP2's Return On Assets of 8.28% is amongst the best of the industry. CTP2 outperforms 91.43% of its industry peers.
- Looking at the Return On Equity, with a value of 23.29%, CTP2 belongs to the top of the industry, outperforming 82.86% of the companies in the same industry.
- With a decent Return On Invested Capital value of 7.41%, CTP2 is doing good in the industry, outperforming 68.57% of the companies in the same industry.
- The Average Return On Invested Capital over the past 3 years for CTP2 is in line with the industry average of 8.42%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 8.28% | ||
| ROE | 23.29% | ||
| ROIC | 7.41% |
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
- CTP2 has a Profit Margin of 18.33%. This is amongst the best in the industry. CTP2 outperforms 94.29% of its industry peers.
- CTP2's Profit Margin has improved in the last couple of years.
- CTP2's Operating Margin of 18.19% is fine compared to the rest of the industry. CTP2 outperforms 62.86% of its industry peers.
- In the last couple of years the Operating Margin of CTP2 has remained more or less at the same level.
- CTP2 has a Gross Margin of 71.88%. This is in the better half of the industry: CTP2 outperforms 74.29% of its industry peers.
- In the last couple of years the Gross Margin of CTP2 has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 18.19% | ||
| PM (TTM) | 18.33% | ||
| GM | 71.88% |
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
- CTP2 has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
- Compared to 1 year ago, CTP2 has less shares outstanding
- Compared to 5 years ago, CTP2 has less shares outstanding
- Compared to 1 year ago, CTP2 has a worse debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 1.41, we must say that CTP2 is in the distress zone and has some risk of bankruptcy.
- The Altman-Z score of CTP2 (1.41) is better than 68.57% of its industry peers.
- CTP2 has a debt to FCF ratio of 5.46. This is a neutral value as CTP2 would need 5.46 years to pay back of all of its debts.
- CTP2's Debt to FCF ratio of 5.46 is fine compared to the rest of the industry. CTP2 outperforms 80.00% of its industry peers.
- CTP2 has a Debt/Equity ratio of 0.96. This is a neutral value indicating CTP2 is somewhat dependend on debt financing.
- Looking at the Debt to Equity ratio, with a value of 0.96, CTP2 is in line with its industry, outperforming 60.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.96 | ||
| Debt/FCF | 5.46 | ||
| Altman-Z | 1.41 |
ROIC/WACC1.28
WACC5.8%
2.3 Liquidity
- CTP2 has a Current Ratio of 0.88. This is a bad value and indicates that CTP2 is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Current ratio of CTP2 (0.88) is better than 62.86% of its industry peers.
- CTP2 has a Quick Ratio of 0.88. This is a bad value and indicates that CTP2 is not financially healthy enough and could expect problems in meeting its short term obligations.
- The Quick ratio of CTP2 (0.88) is better than 68.57% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.88 | ||
| Quick Ratio | 0.88 |
3. Growth
3.1 Past
- The Earnings Per Share has been growing slightly by 4.99% over the past year.
- Measured over the past 5 years, CTP2 shows a small growth in Earnings Per Share. The EPS has been growing by 6.77% on average per year.
- Looking at the last year, CTP2 shows a small growth in Revenue. The Revenue has grown by 0.20% in the last year.
- The Revenue has been growing slightly by 2.58% on average over the past years.
EPS 1Y (TTM)4.99%
EPS 3Y10.15%
EPS 5Y6.77%
EPS Q2Q%0%
Revenue 1Y (TTM)0.2%
Revenue growth 3Y2.06%
Revenue growth 5Y2.58%
Sales Q2Q%-2.72%
3.2 Future
- The Earnings Per Share is expected to grow by 5.15% on average over the next years.
- CTP2 is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.77% yearly.
EPS Next Y0.04%
EPS Next 2Y-2.26%
EPS Next 3Y0.81%
EPS Next 5Y5.15%
Revenue Next Year0.24%
Revenue Next 2Y0.73%
Revenue Next 3Y0.24%
Revenue Next 5Y0.77%
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
- CTP2 is valuated cheaply with a Price/Earnings ratio of 6.57.
- Based on the Price/Earnings ratio, CTP2 is valued cheaply inside the industry as 94.29% of the companies are valued more expensively.
- Compared to an average S&P500 Price/Earnings ratio of 27.21, CTP2 is valued rather cheaply.
- Based on the Price/Forward Earnings ratio of 7.01, the valuation of CTP2 can be described as very cheap.
- Based on the Price/Forward Earnings ratio, CTP2 is valued cheaper than 94.29% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 25.98. CTP2 is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.57 | ||
| Fwd PE | 7.01 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CTP2 indicates a somewhat cheap valuation: CTP2 is cheaper than 77.14% of the companies listed in the same industry.
- CTP2's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CTP2 is cheaper than 94.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 5.83 | ||
| EV/EBITDA | 5.12 |
4.3 Compensation for Growth
- The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
- CTP2 has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)177.49
PEG (5Y)0.97
EPS Next 2Y-2.26%
EPS Next 3Y0.81%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 4.52%, CTP2 is a good candidate for dividend investing.
- CTP2's Dividend Yield is comparable with the industry average which is at 3.26.
- CTP2's Dividend Yield is rather good when compared to the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.52% |
5.2 History
- The dividend of CTP2 is nicely growing with an annual growth rate of 8.54%!
Dividend Growth(5Y)8.54%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
- CTP2 pays out 21.56% of its income as dividend. This is a sustainable payout ratio.
- The dividend of CTP2 is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP21.56%
EPS Next 2Y-2.26%
EPS Next 3Y0.81%
COMCAST CORP-CLASS A / CTP2.DE FAQ
What is the fundamental rating for CTP2 stock?
ChartMill assigns a fundamental rating of 5 / 10 to CTP2.DE.
Can you provide the valuation status for COMCAST CORP-CLASS A?
ChartMill assigns a valuation rating of 8 / 10 to COMCAST CORP-CLASS A (CTP2.DE). This can be considered as Undervalued.
What is the profitability of CTP2 stock?
COMCAST CORP-CLASS A (CTP2.DE) has a profitability rating of 7 / 10.
What is the financial health of COMCAST CORP-CLASS A (CTP2.DE) stock?
The financial health rating of COMCAST CORP-CLASS A (CTP2.DE) is 4 / 10.
How sustainable is the dividend of COMCAST CORP-CLASS A (CTP2.DE) stock?
The dividend rating of COMCAST CORP-CLASS A (CTP2.DE) is 7 / 10 and the dividend payout ratio is 21.56%.