Valuation Overview

Growth Story

Over the next few years, revenue is expected to grow by 5.77%, lower than industry average of 9.62%.

Growth Trajectory

Profitability

In the growth phase company makes 24.82% profit on every dollar of sales, higher than industry average of 15.85%.

Profitability Trajectory

Risk Profile

Investors expect at least 5.27% return to justify the risk of holding stock.

Risk vs Return

Required Return (Cost of Capital) (%)
Return on Invested Capital (%)

Financial Health Overview

Enterprise Value
435.35B USD
Equity Value
342.79B USD
FCF Yield
225.31%
Average ROIC
14.89%
Cost of Capital
6.56%
P/E Ratio
4.60x
Financial MetricMost Recent 12 months (USD)Previous Year (USD)
Revenues124.18B USD123.73B USD
Operating Income or EBIT31.79B USD22.81B USD
Interest Expense4.26B USD4.13B USD
Book Value Of Equity96.85B USD85.56B USD
Book Value Of Debt101.53B USD99.09B USD
Cash and Marketable Securities9.69B USD7.32B USD
Number of Shares Outstanding3.70B--
Minority interests714M USD0 USD
Current Stock Price33.67 USD--
Effective Tax Rate15.00%--
Marginal Tax Rate25.00%--

Performance vs Industry

Revenue Growth
-9.26%
0.36%Company
vs
9.62%Industry
Below Industry
Operating Margin
+9.75%
25.60%Company
vs
15.84%Industry
Above Industry
Comcast Corporation demonstrates superior operational efficiency with margins above industry average, indicating effective cost management.

Terminal Value Analysis

Growth Rate
4.59%
Cost of Capital
8.83%
Return on Capital
8.83%
Reinvestment Rate
52.09%
Terminal value represents 55% of total enterprise value, based on 4.59% perpetual growth and 8.83% discount rate.

Equity Value Breakdown

ComponentValueType
Present Value (Terminal Value) 240.57B USD Add
Present Value (Cash Flow Over Next 10 Years) 194.78B USD Add
Value of Operating Assets 435.35B USD Sub-total
Debt 101.52B USD Subtract
Minority Interests 714.00M USD Subtract
Cash 9.68B USD Add
Value of Equity 342.79B USD Sub-total
Number of Shares 3.70B shares Divisor
Estimated Value per Share (Fair Value) 92.69 USD Total
Current Market Price 33.67 USD Reference

Financial Projections

Total FCF Present Value
194.78B USD
Avg Revenue Growth
4.70%
Avg Operating Margin
24.64%
Avg ROIC
14.89%
Year 2026 2027 2028 2029 2030 2031 2032 2033 2034 2035 Terminal Year
REVENUE
Revenue128.46B USD135.88B USD143.73B USD152.03B USD160.81B USD169.72B USD178.72B USD187.78B USD196.86B USD205.92B USD215.39B USD
Growth Rate 3.45% 5.77% 5.77% 5.77% 5.77% 5.53% 5.30% 5.06% 4.83% 4.59% 4.59%
PROFITABILITY
Operating Income32.88B USD34.07B USD35.67B USD37.33B USD39.06B USD41.23B USD43.41B USD45.62B USD47.82B USD50.02B USD52.32B USD
Operating Margin 25.60% 25.07% 24.81% 24.55% 24.29% 24.29% 24.29% 24.29% 24.29% 24.29% 24.29%
EBIT (1-tax)27.95B USD28.96B USD30.31B USD31.73B USD33.20B USD34.22B USD35.16B USD36.04B USD36.82B USD37.51B USD39.24B USD
CASH FLOW
Reinvestment3.92B USD4.15B USD4.39B USD4.64B USD4.71B USD9.53B USD9.59B USD9.61B USD9.59B USD10.03B USD20.44B USD
Free Cash Flow24.02B USD24.81B USD25.92B USD27.08B USD28.48B USD24.68B USD25.57B USD26.42B USD27.23B USD27.48B USD18.80B USD
Terminal Value--------------------444.45B USD
Present Value22.82B USD22.38B USD22.22B USD22.05B USD22.03B USD18.01B USD17.49B USD16.82B USD16.04B USD14.87B USD—
EFFICIENCY
ROIC 14.81% 15.03% 15.40% 15.77% 16.13% 16.25% 15.98% 15.69% 15.38% 15.07% 8.83%
Cost of Capital 5.27% 5.27% 5.27% 5.27% 5.27% 5.98% 6.69% 7.40% 8.11% 8.83% 8.83%
Sales/Capital 1.88x 1.88x 1.88x 1.88x 1.88x 0.94x 0.94x 0.94x 0.94x 0.94x —

Profitability & Efficiency

Operating Margin (%)
ROIC (%)

Value Creation Analysis

ROIC (%)
Cost of Capital (%)

Operational Cash Flow Analysis

Free Cash Flow ($B)
Reinvestment ($B)