COMCAST CORP-CLASS A (CMCSA) Stock Fundamental Analysis
NASDAQ:CMCSA - Nasdaq - US20030N1019 - Common Stock - Currency: USD
Taking everything into account, CMCSA scores 5 out of 10 in our fundamental rating. CMCSA was compared to 97 industry peers in the Media industry. While CMCSA has a great profitability rating, there are quite some concerns on its financial health. CMCSA has a bad growth rate and is valued cheaply. Finally 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.
CMCSA had positive earnings in each of the past 5 years.
Each year in the past 5 years CMCSA had a positive operating cash flow.
1.2 Ratios
CMCSA's Return On Assets of 5.87% is amongst the best of the industry. CMCSA outperforms 85.57% of its industry peers.
CMCSA has a better Return On Equity (18.13%) than 87.63% of its industry peers.
With an excellent Return On Invested Capital value of 8.15%, CMCSA belongs to the best of the industry, outperforming 82.47% of the companies in the same industry.
CMCSA had an Average Return On Invested Capital over the past 3 years of 8.07%. This 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.
The Operating Margin of CMCSA (18.73%) is better than 86.60% of its industry peers.
In the last couple of years the Operating Margin of CMCSA has remained more or less at the same level.
The Gross Margin of CMCSA (70.36%) is better 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
CMCSA has less shares outstanding than it did 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 1.41. 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 (1.41) which is comparable to the rest of the industry.
CMCSA has a debt to FCF ratio of 7.38. This is a slightly negative value and a sign of low solvency as CMCSA would need 7.38 years to pay back of all of its debts.
CMCSA has a Debt to FCF ratio of 7.38. This is in the better half of the industry: CMCSA outperforms 68.04% of its industry peers.
CMCSA has a Debt/Equity ratio of 1.07. This is a high value indicating a heavy dependency on external financing.
The Debt to Equity ratio of CMCSA (1.07) is worse than 60.82% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.07 | ||
| Debt/FCF | 7.38 | ||
| Altman-Z | 1.41 |
ROIC/WACC1.26
WACC6.45%
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.
CMCSA shows a small growth in Revenue. In the last year, the Revenue has grown by 1.33%.
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
The Earnings Per Share is expected to grow by 6.27% on average over the next years.
CMCSA is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 0.62% yearly.
EPS Next Y2.96%
EPS Next 2Y5.23%
EPS Next 3Y6.45%
EPS Next 5Y6.27%
Revenue Next Year-0.78%
Revenue Next 2Y1.09%
Revenue Next 3Y0.55%
Revenue Next 5Y0.62%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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
Based on the Price/Earnings ratio of 7.99, the valuation of CMCSA can be described as very cheap.
Based on the Price/Earnings ratio, CMCSA is valued cheaply inside the industry as 84.54% of the companies are valued more expensively.
CMCSA's Price/Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 27.41.
CMCSA is valuated cheaply with a Price/Forward Earnings ratio of 7.30.
Based on the Price/Forward Earnings ratio, CMCSA is valued cheaper than 82.47% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 35.19. CMCSA is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.99 | ||
| Fwd PE | 7.3 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CMCSA indicates a rather cheap valuation: CMCSA is cheaper than 81.44% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, CMCSA is valued cheaply inside the industry as 82.47% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 9.73 | ||
| EV/EBITDA | 5.78 |
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.
CMCSA has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)2.69
PEG (5Y)1.18
EPS Next 2Y5.23%
EPS Next 3Y6.45%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.73%, CMCSA has a reasonable but not impressive dividend return.
CMCSA's Dividend Yield is rather good when compared to the industry average which is at 4.61. CMCSA pays more dividend than 84.54% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.35, CMCSA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
5.2 History
On average, the dividend of CMCSA grows each year by 8.54%, which is quite nice.
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
30.84% of the earnings are spent on dividend by CMCSA. This is a low number and 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 2Y5.23%
EPS Next 3Y6.45%
34.99
-0.43 (-1.21%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners88.57%
Inst Owner Change0%
Ins Owners0.03%
Ins Owner Change0.88%
Market Cap130.64B
Analysts72.82
Price Target41.61 (18.92%)
Short Float %1.17%
Short Ratio1.98
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.73% |
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)-0.19%
PT rev (3m)-5.82%
EPS NQ rev (1m)-0.63%
EPS NQ rev (3m)-1.8%
EPS NY rev (1m)-0.25%
EPS NY rev (3m)1.62%
Revenue NQ rev (1m)0.07%
Revenue NQ rev (3m)-0.05%
Revenue NY rev (1m)0.05%
Revenue NY rev (3m)-0.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 7.99 | ||
| Fwd PE | 7.3 | ||
| P/S | 1.06 | ||
| P/FCF | 9.73 | ||
| P/OCF | 4.65 | ||
| P/B | 1.51 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.78 |
EPS(TTM)4.38
EY12.52%
EPS(NY)4.79
Fwd EY13.7%
FCF(TTM)3.6
FCFY10.28%
OCF(TTM)7.53
OCFY21.52%
SpS33.09
BVpS23.2
TBVpS-18.62
PEG (NY)2.69
PEG (5Y)1.18
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 | 1.41 |
F-Score8
WACC6.45%
ROIC/WACC1.26
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 Y2.96%
EPS Next 2Y5.23%
EPS Next 3Y6.45%
EPS Next 5Y6.27%
Revenue 1Y (TTM)1.33%
Revenue growth 3Y2.06%
Revenue growth 5Y2.58%
Sales Q2Q%-0.57%
Revenue Next Year-0.78%
Revenue Next 2Y1.09%
Revenue Next 3Y0.55%
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%