Comcast Corporation - NASDAQGS:CMCSA - Comprehensive analysis
Comcast’s shares have faced significant pressure due to challenges in retaining broadband customers. We anticipate that losses in broadband customers may worsen before they improve, as competition from fixed-wireless providers and expanding fiber networks intensifies. Nevertheless, we believe Comcast has the potential to grow its customer base in the long term as these challenges subside. Although we have some reservations about the company’s aggressive push into the wireless market, we expect price competition to remain rational, enabling Comcast to maintain stable cash flow despite the pressures on its customer base. Our outlook for NBCUniversal is less optimistic, though it remains a valuable media asset. Comcast’s intention to spin off its traditional television networks appears to be the initial phase of a broader industry restructuring. The company likely aims to shift premier content to Peacock to enhance the streaming service's competitiveness against larger rivals. Despite the high costs associated with content and the upcoming NBA agreement impacting profitability, we expect NBCU to adapt successfully to evolving consumer consumption patterns. Additionally, the theme parks continue to be a strong revenue contributor. With a robust balance sheet, Comcast is well-positioned to allocate most of its free cash flow towards shareholder returns, including a solid dividend and substantial share repurchases.
Free evaluation through quantitative algorithms Comcast Corporation - NASDAQGS:CMCSA
Growth-Scoring Model Detail
Total Revenue Growth Over Prior Year | 1.78 | Market 37 Sector 50 |
Gross Profit Growth Over Prior Year | 2.23 | Market 31 Sector 49 |
EBITDA Growth Over Prior Year | 1.2 | Market 30 Sector 52 |
EBITA Growth Over Prior Year | 2 | Market 38 Sector 58 |
EBIT Growth Over Prior Year | -0.06 | Market 29 Sector 48 |
Earnings from Cont. Ops. Growth Over Prior Year | 5.1 | Market 47 Sector 46 |
Net Income Growth Over Prior Year | 5.22 | Market 48 Sector 42 |
Normalized Net Income Growth Over Prior Year | -7.45 | Market 21 Sector 34 |
Diluted EPS before Extra Growth Over Prior Year | 11.59 | Market 59 Sector 50 |
A/R Growth Over Prior Year | -1.1 | Market 32 Sector 54 |
Inventory Growth Over Prior Year | 0 | Market 66 Sector 53 |
PPE Net Growth Over Prior Year | 3.97 | Market 58 Sector 74 |
Total Assets Growth Over Prior Year | 0.53 | Market 37 Sector 58 |
Tangible Book Value Growth Over Prior Year | 0 | Market 0 Sector 0 |
Common Equity Growth Over Prior Year | 3.45 | Market 45 Sector 60 |
Cash from Ops. Growth Over Prior Year | -2.91 | Market 36 Sector 32 |
CAPEX Growth Over Prior Year | -0.66 | Market 36 Sector 45 |
Dividend per Share Growth Over Prior Year | 6.9 | Market 66 Sector 94 |
Levered Free Cash Flow Growth Over Prior Year | -66.9 | Market 4 Sector 11 |
Unlevered Free Cash Flow Growth Over Prior Year | -60.14 | Market 4 Sector 11 |
Profitability-Scoring Model Detail
Gross Margin % | 71 | Market 86 Sector 73 |
SG&A Margin % | 39.3 | Market 92 Sector 66 |
EBITDA Margin % | 30.8 | Market 64 Sector 87 |
EBITA Margin % | 23.7 | Market 66 Sector 87 |
EBIT Margin % | 18.83 | Market 51 Sector 82 |
Earnings from Cont. Ops Margin % | 12.83 | Market 50 Sector 85 |
Net Income Margin % | 13.09 | Market 52 Sector 84 |
Net Income Avail. for Common Margin % | 13.09 | Market 53 Sector 85 |
Normalized Net Income Margin % | 9.84 | Market 48 Sector 83 |
Levered Free Cash Flow Margin % | 6.19 | Market 36 Sector 47 |
Unlevered Free Cash Flow Margin % | 8.28 | Market 38 Sector 48 |
Return on Assets % | 5.48 | Market 53 Sector 82 |
Return on Capital % | 7.69 | Market 49 Sector 82 |
Return on Equity % | 18.71 | Market 59 Sector 86 |
Return on Common Equity % | 19.25 | Market 60 Sector 86 |
Total Asset Turnover | 0.47 | Market 44 Sector 45 |
