Comcast Piotroski F Score
| CMCSA Stock | USD 44.34 0.52 1.16% |
Comcast | Piotroski F Score |
At this time, it appears that Comcast Corp's Piotroski F Score is Strong. Although some professional money managers and academia have recently criticized Piotroski F-Score model, we still consider it an effective method of predicting the state of the financial strength of any organization that is not predisposed to accounting gimmicks and manipulations. Using this score on the criteria to originate an efficient long-term portfolio can help investors filter out the purely speculative stocks or equities playing fundamental games by manipulating their earnings..
7.0
Piotroski F Score - Strong
1 | Current Return On Assets | Positive | Focus |
2 | Change in Return on Assets | Increased | Focus |
3 | Cash Flow Return on Assets | Positive | Focus |
4 | Current Quality of Earnings (accrual) | Improving | Focus |
5 | Asset Turnover Growth | Increase | Focus |
6 | Current Ratio Change | Decrease | Focus |
7 | Long Term Debt Over Assets Change | Lower Leverage | Focus |
8 | Change In Outstending Shares | Decrease | Focus |
9 | Change in Gross Margin | No Change | Focus |
Comcast Corp Piotroski F Score Drivers
The critical factor to consider when applying the Piotroski F Score to Comcast Corp is to make sure Comcast is not a subject of accounting manipulations and runs a healthy internal audit department. So, if Comcast Corp's auditors report directly to the board (not management), the managers will be reluctant to manipulate simply due to the fear of punishment. On the other hand, the auditors will be free to investigate the ledgers properly because they know that the board has their back. Below are the main accounts that are used in the Piotroski F Score model. By analyzing the historical trends of the mains drivers, investors can determine if Comcast Corp's financial numbers are properly reported.
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
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| Weighted Average Shares Diluted | 5.2 B | 4.4 B |
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| Weighted Average Shares | 4.3 B | 4.3 B |
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| Return on Average Assets | 0.0205 | 0.02 |
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| Net Cash Flow from Operations | 26.4 B | 26.4 B |
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| Current Liabilities | 28.3 B | 27.9 B |
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| Total Liabilities | 175.5 B | 175.6 B |
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| Gross Margin | 0.89 | 0.9 |
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| Total Debt | 97 B | 100 B |
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| Asset Turnover | 0.49 | 0.461 |
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| Current Assets | 22.7 B | 21.8 B |
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| Total Assets | 258.5 B | 257.3 B |
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Comcast Corp F Score Driver Matrix
One of the toughest challenges investors face today is learning how to quickly synthesize historical financial statements and information provided by the company, SEC reporting, and various external parties in order to project the various growth rates. Understanding the correlation between Comcast Corp's different financial indicators related to revenue, expenses, operating profit, and net earnings helps investors identify and prioritize their investing strategies towards Comcast Corp in a much-optimized way.
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About Comcast Corp Piotroski F Score
F-Score is one of many stock grading techniques developed by Joseph Piotroski, a professor of accounting at the Stanford University Graduate School of Business. It was published in 2002 under the paper titled Value Investing: The Use of Historical Financial Statement Information to Separate Winners from Losers. Piotroski F Score is based on binary analysis strategy in which stocks are given one point for passing 9 very simple fundamental tests, and zero point otherwise. According to Mr. Piotroski's analysis, his F-Score binary model can help to predict the performance of low price-to-book stocks.Book Value per Share |
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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.
| 2018 | 2019 | 2020 | 2021 | 2022 | 2023 (projected) | ||
| Net Income Per Employee | 63.76 K | 68.72 K | 62.53 K | 74.92 K | 28.87 K | 40.35 K | |
| Revenue Per Employee | 513.62 K | 573.38 K | 614.77 K | 615.79 K | 652.83 K | 563.44 K | |
| Average Assets | 208.61 B | 258.13 B | 267.8 B | 277.12 B | 263.17 B | 258.09 B | |
| Earnings Before Interest Taxes and Depreciation Amortization EBITDA | 29.33 B | 34.25 B | 31.59 B | 37.5 B | 27.45 B | 30.41 B | |
| Earnings Before Interest Taxes and Depreciation Amortization USD | 29.33 B | 34.25 B | 31.59 B | 37.5 B | 27.45 B | 30.41 B | |
| Earnings before Tax | 15.11 B | 16.73 B | 13.9 B | 19.42 B | 9.73 B | 13.02 B | |
| Average Equity | 70.83 B | 78.17 B | 85.4 B | 94.85 B | 86.84 B | 84.13 B | |
| Enterprise Value | 217.18 B | 307.12 B | 335.63 B | 320.53 B | 243.12 B | 263.85 B | |
| Free Cash Flow | 12.13 B | 12.15 B | 11.15 B | 16.11 B | 12.32 B | 12.41 B | |
| Invested Capital | 164.39 B | 166.91 B | 176.84 B | 174.73 B | 177.46 B | 166.86 B | |
| Invested Capital Average | 130.67 B | 166.36 B | 173.97 B | 176.37 B | 175.11 B | 162.76 B | |
| Market Capitalization | 154.91 B | 204.58 B | 239.75 B | 229.95 B | 151.19 B | 177.26 B | |
| Tangible Asset Value | 84.06 B | 95.32 B | 108.45 B | 112.77 B | 110.11 B | 103.93 B | |
| Working Capital | (5.75 B) | (4.9 B) | (2.06 B) | (4.54 B) | (6.06 B) | (6.54 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 |
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.
Be your own money manager
Our tools can tell you how much better you can do entering a position in Comcast Corp without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.Did you try this?
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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 Stock
Moving against Comcast Stock
| - | 0.81 | ZI | ZoomInfo Technologies | Report 7th of November 2023 | PairCorr | |
| - | 0.67 | WIMI | WiMi Hologram Cloud | PairCorr | ||
| - | 0.65 | DRCT | Direct Digital Holdings | Report 9th of November 2023 | PairCorr | |
| - | 0.65 | LYV | Live Nation Entertainment | Report 2nd of November 2023 | PairCorr | |
| - | 0.62 | BOC | Boston Omaha Corp | Report 9th of November 2023 | PairCorr |
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.Check out Comcast Corp Altman Z Score, Comcast Corp Correlation, Comcast Corp Valuation, as well as analyze Comcast Corp Alpha and Beta and Comcast Corp Hype Analysis. For information on how to trade Comcast Stock refer to our How to Trade Comcast Stock guide. You can also try the Theme Ratings module to determine theme ratings based on digital equity recommendations. Macroaxis theme ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Complementary Tools for Comcast Stock analysis
When running Comcast Corp's 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 the 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 0.342 | Dividend Share 1.12 | Earnings Share 1.59 | Revenue Per Share 28.335 | Quarterly Revenue Growth 0.017 |
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 if Comcast Corp is a good investment 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.