Comcast Piotroski F Score

CMCSA
 Stock
  

USD 39.57  0.46  1.18%   

This module uses fundamental data of Comcast Corp to approximate its Piotroski F score. Comcast Corp F Score is determined by combining nine binary scores representing 3 distinct fundamental categories of Comcast Corp A. These three categories are profitability, efficiency, and funding. Some research analysts and sophisticated value traders use Piotroski F Score to find opportunities outside of the conventional market and financial statement analysis.They believe that some of the new information about Comcast Corp financial position does not get reflected in the current market share price suggesting a possibility of arbitrage. Continue to 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.
  
Refresh
Comcast Corp Debt Current is projected to increase significantly based on the last few years of reporting. The past year's Debt Current was at 2.13 Billion. The current year Debt to Equity Ratio is expected to grow to 1.88, whereas Total Debt is forecasted to decline to about 93.8 B. Comcast Corp Calculated Tax Rate is projected to decrease significantly based on the last few years of reporting. The past year's Calculated Tax Rate was at 27.54. The current year Receivables Turnover is expected to grow to 12.18, whereas Interest Coverage is forecasted to decline to 4.73.
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..
8.0
Piotroski F Score - Strong
1
Current Return On AssetsPositiveFocus
2
Change in Return on AssetsIncreasedFocus
3
Cash Flow Return on AssetsPositiveFocus
4
Current Quality of Earnings (accrual)ImprovingFocus
5
Asset Turnover GrowthIncreaseFocus
6
Current Ratio ChangeIncreaseFocus
7
Long Term Debt Over Assets ChangeLower LeverageFocus
8
Change In Outstending SharesDecreaseFocus
9
Change in Gross MarginNo ChangeFocus

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 ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares4.5 B4.6 B
Fairly Down
Decreasing
Slightly volatile
Weighted Average Shares Diluted5.4 B4.7 B
Fairly Up
Decreasing
Slightly volatile
Net Cash Flow from Operations27.2 B29.1 B
Significantly Down
Increasing
Slightly volatile
Total Assets263.1 B275.9 B
Sufficiently Down
Increasing
Slightly volatile
Total Liabilities173.6 B178.4 B
Fairly Down
Increasing
Slightly volatile
Current Assets23.6 B24.8 B
Notably Down
Increasing
Slightly volatile
Current Liabilities28.3 B29.3 B
Sufficiently Down
Increasing
Slightly volatile
Total Debt93.8 B100 B
Notably Down
Increasing
Slightly volatile
Return on Average Assets0.05750.051
Moderately Up
Increasing
Slightly volatile
Gross Margin0.890.9
Fairly Down
Decreasing
Slightly volatile
Asset Turnover0.460.42
Significantly Up
Increasing
Slightly volatile

Comcast Corp A 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.

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

18.92

Share
Comcast Corp Book Value per Share is projected to increase significantly based on the last few years of reporting. The past year's Book Value per Share was at 21.03

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 EBITDA27.94 B29.33 B34.25 B31.59 B37.5 B35.17 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)

About Comcast Corp Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Comcast Corp A'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 A 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 Entertainment 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 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?

Run Pattern Recognition Now

   

Pattern Recognition

Use different Pattern Recognition models to time the market across multiple global exchanges
All  Next Launch Module

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.

Comcast Corp Pair Correlation

Correlation Analysis For Direct Indexing and Tax-loss Harvesting

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 A 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 A 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 Altman Z Score, Comcast Corp Correlation, Comcast Corp Valuation, as well as analyze Comcast Corp Alpha and Beta and Comcast Corp Hype Analysis. Note that the Comcast Corp A information on this page should be used as a complementary analysis to other Comcast Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

Complementary Tools for Comcast Stock analysis

When running Comcast Corp A 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.
Equity Forecasting
Use basic forecasting models to generate price predictions and determine price momentum
Go
Equity Valuation
Check real value of public entities based on technical and fundamental data
Go
Money Flow Index
Determine momentum by analyzing Money Flow Index and other technical indicators
Go
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Go
Portfolio File Import
Quickly import all of your third-party portfolios from your local drive in csv format
Go
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
0.099
Market Capitalization
177.3 B
Quarterly Revenue Growth YOY
0.14
Return On Assets
0.0483
Return On Equity
0.15
The market value of Comcast Corp A 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.