Comcast Z Score

CMCSA
 Stock
  

USD 35.86  0.42  1.16%   

Altman Z Score is one of the simplest fundamental models to determine how likely your company is to fail. The module uses available fundamental data of a given equity to approximate the Altman Z score. Altman Z Score is determined by evaluating five fundamental price points available from the company's current public disclosure documents. Continue to Comcast Corp Piotroski F Score and Comcast Corp Valuation analysis.
  
As of December 3, 2022, Capital Expenditure is expected to decline to about (14.1 B). In addition to that, Return on Invested Capital is expected to decline to 0.13. Comcast Corp Weighted Average Shares is projected to decrease significantly based on the last few years of reporting. The past year's Weighted Average Shares was at 4.58 Billion. The current year Weighted Average Shares Diluted is expected to grow to about 5.4 B, whereas Direct Expenses is forecasted to decline to about 30.9 B.

Comcast Z Score Analysis

Comcast Corp's Z-Score is a simple linear, multi-factor model that measures the financial health and economic stability of a company. The score is used to predict the probability of a firm going into bankruptcy within next 24 months or two fiscal years from the day stated on the accounting statements used to calculate it. The model uses five fundamental business ratios that are weighted according to algorithm of Professor Edward Altman who developed it in the late 1960s at New York University..
 2019 2020 2021 2022 (projected)
Consolidated Income13.32 B10.7 B13.83 B13.53 B
Direct Expenses34.44 B33.12 B38.45 B30.86 B
Z Score 
 = 
Sum Of  
 
5 Factors 
More About Z Score | All Equity Analysis

Current Comcast Corp Z Score

    
  0.6  
Most of Comcast Corp's fundamental indicators, such as Z Score, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Comcast Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
First Factor
 = 
1.2 * (
Working Capital
/
Total Assets )
Second Factor
 = 
1.4 * (
Retained Earnings
/
Total Assets )
Thrid Factor
 = 
3.3 * (
EBITAD
/
Total Assets )
Fouth Factor
 = 
0.6 * (
Market Value of Equity
/
Total Liabilities )
Fifth Factor
 = 
0.99 * (
Revenue
/
Total Assets )

Comcast Z Score Driver Correlations

Understanding the fundamental principles of building solid financial models for Comcast Corp is extremely important. It helps to project a fair market value of Ford stock properly, considering its historical fundamentals such as Z Score. Since Comcast Corp's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Comcast Corp's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Comcast Corp's interrelated accounts and indicators.
To calculate Z-Score one would need to know current working capital of the company, its total assets, and liabilities, amount of latest retained earnings as well as earnings before interest and tax. Z-Score can be used to compare the odds of bankruptcy of companies in a similar line of business or firms operating in the same industry. Companies with Z-Scores above 3.1 are generally considered to be stable and healthy with a low probability of bankruptcy. Scores that fall between 1.8 and 3.1 lie in a so-called 'grey area' with scores of less than 1, indicating the high probability of distress. Z Score is used widely by financial auditors, accountants, money managers, loan processers, wealth advisers, as well as day traders. In the last 25 years, many financial models that utilize z score has been proved to be successful as a predictor of corporate bankruptcy.
Compare to competition

In accordance with the company's disclosures, Comcast Corp has a Z Score of 0.6. This is 131.25% lower than that of the Media sector and 35.48% lower than that of the Communication Services industry. The z score for all United States stocks is 93.12% higher than that of the company.

Comcast Z Score Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Comcast Corp's direct or indirect competition against its Z Score to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Comcast Corp could also be used in its relative valuation, which is a method of valuing Comcast Corp by comparing valuation metrics of similar companies.
Comcast Corp is currently under evaluation in z score category among related companies.

Comcast Corp Current Valuation Drivers

We derive many important indicators used in calculating different scores of Comcast Corp from analyzing Comcast Corp's financial statements. These drivers represent accounts that assess Comcast Corp's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Comcast Corp's important valuation drivers and their relationship over time.
201720182019202020212022 (projected)
Net Income Per Employee138.5 K63.76 K68.72 K62.53 K74.92 K65.67 K
Revenue Per Employee515.4 K513.62 K573.38 K614.77 K615.79 K539.36 K
Average Assets184.57 B208.61 B258.13 B267.8 B277.12 B259.79 B
Earnings Before Interest Taxes and Depreciation Amortization EBITDA26.08 B27.07 B30.23 B26.97 B32 B26.7 B
Earnings Before Interest Taxes and Depreciation Amortization USD27.94 B29.33 B34.25 B31.59 B37.5 B35.17 B
Earnings before Tax15.17 B15.11 B16.73 B13.9 B19.42 B17.99 B
Average Equity58.53 B70.83 B78.17 B85.4 B94.85 B86.24 B
Enterprise Value248.03 B217.18 B307.12 B335.63 B320.53 B297.26 B
Free Cash Flow9.62 B12.13 B12.15 B11.15 B16.11 B14.19 B
Invested Capital110.71 B164.39 B166.91 B176.84 B174.73 B160.13 B
Invested Capital Average107.12 B130.67 B166.36 B173.97 B176.37 B158.19 B
Market Capitalization187.18 B154.91 B204.58 B239.75 B229.95 B214.16 B
Tangible Asset Value71.57 B84.06 B95.32 B108.45 B112.77 B102.3 B
Working Capital(5.65 B)(5.75 B)(4.9 B)(2.06 B)(4.54 B)(4.9 B)

Comcast Corp ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Comcast Corp's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Comcast Corp's managers, analysts, and investors.
Environment Score
Governance Score
Social Score

Comcast Corp Institutional Holders

Institutional Holdings refers to the ownership stake in Comcast Corp that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Comcast Corp's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Comcast Corp's value.
Security TypeSharesValue
Zwj Investment Counsel IncCommon Shares15.4 K451 K
Zwj Investment Counsel IncCommon Shares15.4 K605 K
Zwj Investment Counsel IncCommon Shares16.4 K770 K
Zwj Investment Counsel IncCommon Shares17.3 K871 K
Zwj Investment Counsel IncCommon Shares18.4 KM
Zwj Investment Counsel IncCommon Shares18.6 K1.1 M
Zwj Investment Counsel IncCommon Shares18.6 KM

Comcast Fundamentals

About Comcast Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Comcast Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Comcast Corp using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Comcast Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Comcast Corporation operates as a media and technology company worldwide. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania. Comcast Corp operates under Telecom Services classification in the United States and is traded on NASDAQ Exchange. It employs 189000 people.

Comcast Corp Investors Sentiment

The influence of Comcast Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Comcast. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Comcast Corp's public news can be used to forecast risks associated with investment in Comcast. The trend in average sentiment can be used to explain how an investor holding Comcast can time the market purely based on public headlines and social activities around Comcast Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Comcast Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Comcast Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Comcast Corp's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Comcast Corp.

Comcast Corp Implied Volatility

    
  30.16  
Comcast Corp's implied volatility exposes the market's sentiment of Comcast Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Comcast Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Comcast Corp stock will not fluctuate a lot when Comcast Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Comcast Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Comcast Corp's short interest history, or implied volatility extrapolated from Comcast Corp options trading.

Pair Trading with Comcast Corp

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Comcast Corp position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Comcast Corp will appreciate offsetting losses from the drop in the long position's value.

Moving together with Comcast Corp

+0.64AMCAMC Entertainment Normal TradingPairCorr
+0.76CNKCinemark Holdings Normal TradingPairCorr
The ability to find closely correlated positions to Comcast Corp could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Comcast Corp when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Comcast Corp - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Comcast Corp to buy it.
The correlation of Comcast Corp is a statistical measure of how it moves in relation to other equities. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Comcast Corp moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Comcast Corp moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Comcast Corp can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
Continue to Comcast Corp Piotroski F Score and Comcast Corp Valuation analysis. You can also try Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.

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When running Comcast Corp price analysis, check to measure Comcast Corp's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Comcast Corp is operating at the current time. Most of Comcast Corp's value examination focuses on studying past and present price action to predict the probability of Comcast Corp's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Comcast Corp's price. Additionally, you may evaluate how the addition of Comcast Corp to your portfolios can decrease your overall portfolio volatility.
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Is Comcast Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Comcast Corp. If investors know Comcast will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Comcast Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
(0.05) 
Market Capitalization
156.9 B
Quarterly Revenue Growth YOY
(0.015) 
Return On Assets
0.0539
Return On Equity
0.0562
The market value of Comcast Corp is measured differently than its book value, which is the value of Comcast that is recorded on the company's balance sheet. Investors also form their own opinion of Comcast Corp's value that differs from its market value or its book value, called intrinsic value, which is Comcast Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Comcast Corp's market value can be influenced by many factors that don't directly affect Comcast Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Comcast Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Comcast Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Comcast Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.