Comcast Corporation, one of the largest cable providers in the U.S., provides a full range of advanced broadband services, including internet access, data networking, business telephone, video and music entertainment services. The company was founded in 1963 and is based in Philadelphia, Pennsylvania.
CMCSA Price Forecast Based on DCF Valuation
DCF Fair Value Target:
Below please find a table outlining a discounted cash flow forecast for CMCSA, in which we model out valuation assuming a variety of terminal growth rates. To summarize, we found that Comcast Corp ranked in the 46th percentile in terms of potential gain offered. More precisely, our analysis suggests the stock is undervalued by approximately 5.5% on a DCF basis. In terms of the factors that were most noteworthy in this DCF analysis for CMCSA, they are:
Interest coverage, a measure of earnings relative to interest payments, is 4.21; that's higher than 66.1% of US stocks in the Consumer Cyclical sector that have positive free cash flow.
Comcast Corp's weighted average cost of capital (WACC) is 7%; for context, that number is higher than merely 8.49% of tickers in our DCF set.
Terminal Growth Rate in Free Cash Flow
Return Relative to Current Share Price
For other companies in the Consumer Cyclical that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as CMCSA, try SMP, DECK, GPC, LOCO, and BWA.
The Ready for Business Fund – a relief program launched by GSBA, Washington State’s LGBTQ & Allied Chamber of Commerce, and Comcast Washington, will begin distributing $2,500 cash grants to more than 60 small businesses in the metro Seattle area that are owned by LGBTQ people, Black, Indigenous and People of Color (BIPOC), and women. The fund was established on Aug. 3 with $50,000 from Comcast Washington and GSBA as the fund administrator.