Comcast Corp Stock Fair Value – COMCAST CORP Announces Fourth Quarter Earnings Results for FY2022 as of December 31 2022
March 25, 2023
Earnings Overview
On January 26 2023, COMCAST CORP ($LTS:0QYF) released their fourth quarter earnings results for FY2022, ending on December 31 2022. The company saw total revenue of USD 3.0 billion, a slight dip of 1.3% compared to the same quarter of the previous year. Net income was reported at USD 30.6 billion, a slight increase of 0.7% when compared to the same quarter of the preceding year.
Stock Price
The stock opened at €57.5 and closed at the same price, remaining unchanged for the day. Overall, COMCAST CORP’s fourth quarter financial results were strong and showed a solid performance for the year. The company’s stock price remained unchanged on Thursday, reflecting investor confidence in the company’s future growth prospects. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Comcast Corp. More…
| Total Revenues | Net Income | Net Margin |
| 121.43k | 5.37k | 8.8% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Comcast Corp. More…
| Operations | Investing | Financing |
| 26.41k | -14.14k | -16.18k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Comcast Corp. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 257.27k | 175.24k | 19.2 |
Key Ratios Snapshot
Some of the financial key ratios for Comcast Corp are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 3.7% | 2.3% | 10.9% |
| FCF Margin | ROE | ROA |
| 10.4% | 10.2% | 3.2% |
Analysis – Comcast Corp Stock Fair Value
GoodWhale has conducted an analysis of COMCAST CORP‘s welfare, and our proprietary Valuation Line has calculated a fair value of around €60.7 for COMCAST CORP’s share. Currently, COMCAST CORP stock is traded at €57.5, a fair price that is undervalued by 5.2%. This is an opportunity for investors to purchase the stock at a lower price than its true value, making it a great investment opportunity. We believe that investors should take advantage of this situation and purchase the stock while it is still undervalued. More…
Summary
Comcast Corp‘s fourth quarter results for FY2022 showed a slight uptick in net income, albeit a slight decrease in total revenue. Revenue of USD 3 billion was 1.3% lower than the same quarter the year prior, while net income of USD 30.6 billion rose by 0.7%. Investors may find this quarter’s performance encouraging, as net income is a key indicator of profitability and its slight increase from one year ago is encouraging. Despite the decrease in total revenue, investors may be comforted knowing that the company is still profitable.
