Comcast’s Potential for Upside Growth Revealed in Sum of Its Parts

December 2, 2023

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Comcast Corporation ($NASDAQ:CMCSA) is one of the world’s largest media, entertainment and communications companies. It operates through its subsidiaries in four distinct business segments. The company’s portfolio of businesses includes cable communications, broadcasting, filmed entertainment and theme parks. Recently, Comcast has seen an increase in the value of its stock based on the sum of its parts. This means that the value of the company as a whole is more than the value of each of its individual businesses. Investors have been looking at the potential for upside growth, as they see that Comcast is worth more than its parts combined. Analysts have also noted the potential for growth in some of Comcast’s individual businesses. Its cable communications business is expected to continue to be a major revenue driver for the company as demand for broadband services increases. The broadcasting business also continues to be a strong source of revenue as it benefits from strong advertising demand across various platforms.

In addition, its filmed entertainment segment is expected to grow significantly due to the increasing popularity of streaming services and the success of some of its franchises. With a strong portfolio of businesses and a strong brand presence, investors are expecting further growth ahead.

Share Price

Comcast Corporation, the parent company of NBCUniversal, has been showing potential for upside growth. On Thursday, the company’s stock opened at $41.8 and closed at $41.9, up by 0.6% from last closing price of 41.6. This modest uptick in its stock price signals that investors are optimistic about the company’s prospects. Comcast’s portfolio is composed of several different businesses, such as broadband, cable, and entertainment services. These services are all growing in popularity, which could potentially lead to additional income for the company.

Additionally, the company has diversified its operations beyond the United States, with a presence in Europe and Latin America. Taken together, all these factors point to a very positive outlook for Comcast Corporation’s future growth. Live Quote…

About the Company

  • Industry Classification
  • Key Executives
  • Ownership (Institutional/ Fund Holdings)
  • News Feed
  • Income Snapshot

    Below shows the total revenue, net income and net margin for Comcast Corporation. More…

    Total Revenues Net Income Net Margin
    120.87k 15.15k 12.7%
  • Income Statement Reports (Yearly/ Quarterly/ LTM)
  • Income Supplement
  • Growth Performance
  • Cash Flow Snapshot

    Below shows the cash from operations, investing and financing for Comcast Corporation. More…

    Operations Investing Financing
    28.46k -15.7k -12.02k
  • Cash Flow Statement (Yearly/ Quarterly/ LTM)
  • Cash Flow Supplement
  • Balance Sheet Snapshot

    Below shows the total assets, liabilities and book value per share for Comcast Corporation. More…

    Total Assets Total Liabilities Book Value Per Share
    261.07k 177.68k 20.53
  • Balance Sheet (Yearly/ Quarterly)
  • Balance Sheet Supplement
  • Key Ratios Snapshot

    Some of the financial key ratios for Comcast Corporation are shown below. More…

    3Y Rev Growth 3Y Operating Profit Growth Operating Margin
    5.1% 7.5% 20.0%
    FCF Margin ROE ROA
    10.4% 18.1% 5.8%
  • Income Statement Ratios
  • Balance Sheet Ratios
  • Cash Flow Ratios
  • Valuation Ratios
  • Other Ratios
  • Other Supplementary Items
  • Analysis

    At GoodWhale, we recently conducted an analysis of COMCAST CORPORATION‘s financials. Based on our Star Chart, COMCAST CORPORATION is strong in asset, dividend, profitability, and medium in growth – earning them the classification of ‘rhino’ – a company we conclude that has achieved moderate revenue or earnings growth. Investors looking for stable returns may be interested in investing in COMCAST CORPORATION. The company has a high health score of 8/10 with regard to its cashflows and debt, indicating that it is capable to safely ride out any crisis without the risk of bankruptcy. Additionally, it has strong performance in asset, dividend, and profitability, which may indicate consistent and lucrative returns for investors in the future. More…

  • Star Chart Analysis
  • Valuation Analysis




  • Peers

    Comcast Corporation is an American telecommunications conglomerate that is the largest broadcasting and cable television company in the world by revenue. It is the second-largest pay-TV company after AT&T, largest cable TV company and largest home Internet service provider in the United States, and the nation’s third-largest home telephone service provider. Comcast services U.S. residential and commercial customers in 40 states and in the District of Columbia. The company’s headquarters are located in Philadelphia, Pennsylvania. As of January 2016, Comcast is a Fortune 50 company. Globally, Comcast is one of the largest media and entertainment companies, with over 71 million subscribers.

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    – Liberty Global PLC ($NASDAQ:LBTYA)

    Liberty Global PLC is a holding company that provides broadband, video, and other communications services to residential and business customers in Europe, Latin America, and the Caribbean. The company has a market capitalization of 8.3 billion as of 2022 and a return on equity of 19.31%. Liberty Global is headquartered in London, the United Kingdom.

    – Charter Communications Inc ($NASDAQ:CHTR)

    Charter Communications Inc is a US cable operator that provides cable television, internet, and voice services to residential and commercial customers. As of 2022, it has a market capitalization of 52.16 billion dollars and a return on equity of 89.26%. The company is headquartered in Stamford, Connecticut, and employs around 94,000 people.

    Summary

    Comcast Corporation is a media and technology company offering a variety of services and products. Analysis of the company has determined that the sum of its parts offer the potential for promising returns to investors. Through its various businesses, Comcast provides cable television, internet, voice, and other services that generate significant revenue. The company also has a strong presence in television and film production and distribution, as well as its theme parks.

    Additionally, the company holds controlling stakes in NBCUniversal and Sky, both of which offer further growth potential. As such, investments in Comcast Corporation offer promising prospects for investors.

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