Benchmarks (as of 2024-08-09)

• Performance Comparison:
  • CMCSA has consistently underperformed XLC over all periods analyzed, with the most significant underperformance occurring in the 1-year, 2-year, and 3-year periods. This suggests that CMCSA has struggled to keep pace with the broader communication services sector.
• Risk and Return Analysis:
  • CMCSA has provided lower annualized returns than XLC over all periods analyzed. This suggests that CMCSA has not been as profitable as XLC.
  • CMCSA has generally been more volatile than XLC, with CMCSA's volatility ranging from 11.9% to 42.31% and XLC's volatility ranging from 9.48% to 39.14%. This suggests that CMCSA is a riskier investment than XLC.
  • CMCSA has experienced larger maximum drawdowns than XLC, with CMCSA's maximum drawdown reaching 52.11% in Q3 of 2022, while XLC's maximum drawdown reached 43.98% in the same quarter. This indicates that CMCSA is more susceptible to significant losses than XLC.
• Risk-Adjusted Performance:
  • XLC has consistently offered a better risk-adjusted return than CMCSA, as evidenced by its higher Sharpe ratio. This suggests that XLC has been more efficient at generating returns relative to its risk.
  • CMCSA's beta value suggests that it is slightly less sensitive to market movements than XLC, but both instruments are considered to be relatively risky investments.
• Overall Assessment:
  • CMCSA has underperformed XLC in terms of both absolute and risk-adjusted returns. CMCSA has also been more volatile and has experienced larger drawdowns than XLC, indicating a higher risk profile. While CMCSA's beta value suggests it is slightly less sensitive to market movements than XLC, both instruments are considered to be relatively risky investments. Overall, the analysis suggests that XLC has been a more attractive investment than CMCSA, offering better risk-adjusted returns and a lower risk profile.
  • The analysis highlights the importance of considering both risk and return when making investment decisions. While CMCSA may offer some potential for growth, its higher risk profile and lower returns make it a less attractive investment than XLC.

Peers Price History(as of 2024-09-04)

• Performance Comparison:
  • Comcast Corp. (CMCSA) has generally outperformed Charter Communications, Inc. (CHTR) over the past three years, with a few exceptions. However, CMCSA has consistently underperformed The Walt Disney Co. (DIS) over the same period.
  • The performance of CMCSA has been more consistent than CHTR, which has experienced more significant periods of outperformance and underperformance.
• Risk and Return Analysis:
  • Comcast Corp. (CMCSA) has generally provided higher annualized returns than CHTR over the past three years. However, CMCSA has consistently provided lower annualized returns than DIS.
  • The annualized volatility of CMCSA has generally been lower than DIS and CHTR, indicating a lower risk profile.
  • The maximum drawdown of CMCSA has been lower than DIS and CHTR, further indicating a lower risk profile.
• Risk-Adjusted Performance:
  • The Sharpe Ratio of CMCSA has generally been higher than DIS and CHTR, indicating a better risk-adjusted return.
  • The beta value of CMCSA has generally been lower than DIS and CHTR, indicating a lower sensitivity to market movements.
• Overall Assessment:
  • Comcast Corp. (CMCSA) has generally outperformed Charter Communications, Inc. (CHTR) on a risk-adjusted basis, but has consistently underperformed The Walt Disney Co. (DIS).
  • CMCSA has a lower risk profile than DIS and CHTR, as indicated by its lower volatility and maximum drawdown.
  • The recent trends suggest that the volatility of all three companies has been relatively stable, with a slight decrease in Q3 2024. However, CHTR remains the most volatile of the three companies.
  • The recent trends also suggest that the Sharpe Ratios of all three companies have been fluctuating, with no clear upward or downward trend.
  • The beta values of all three companies have generally been below 1 over the past three years, indicating that they are less volatile than the overall market.

Peers Fundamentals(as of 2024-06-30)

1. Market Position and Size:

   • Comcast Corp. (CMCSA) is a large-cap company with a market capitalization of 149750.0, placing it between its peers, The Walt Disney Co. (DIS) with a market cap of 161863.0 and Charter Communications, Inc. (CHTR) with a market cap of 47338.6.
   • CMCSA's revenue, EBITDA, and net income generally reflect its size, indicating a significant presence in the cable/satellite TV industry.

2. Profitability and Efficiency:

   • CMCSA exhibits significantly higher gross profit margin, EBITDA margin, and net profit margin compared to its peers and the industry average, highlighting its efficient operations and strong competitive advantage.
   • CMCSA demonstrates significantly higher ROA, ROTE, ROTC, and ROIC compared to its peers and the industry average, indicating its efficient use of assets, equity capital, and overall capital structure.

3. Financial Health and Stability:

   • CMCSA has a moderate level of liquidity, with enough current assets to cover its current liabilities, but not as much as the industry average.
   • CMCSA has a high level of debt relative to its equity, but not as high as CHTR and lower than the industry average.
   • CMCSA's debt / EBITDA ratio is moderate, suggesting that it has a manageable level of debt relative to its earnings.

4. Valuation and Market Perception:

   • CMCSA's valuation metrics are generally lower than its peers and the industry average, particularly in terms of EV/Sales, EV/EBITDA, and P/E.
   • This suggests that the market may perceive CMCSA as having lower growth prospects or a higher risk profile compared to its peers and the industry.

5. Cash Flow and Capital Management:

   • CMCSA is a strong cash flow generator, with a significant amount of free cash flow after accounting for its capital expenditures.
   • This indicates its strong cash flow generation and ability to fund future growth and shareholder returns.
   • CMCSA's high capital expenditures reflect its investments in growth and expansion.

6. Growth and Future Prospect:

   • CMCSA shows consistently higher growth in net income, basic earnings per share, and return on average total equity compared to the peer group average.
   • However, its year-over-year growth rates exhibit significant fluctuations, particularly in net income, basic earnings per share, and return on average total equity, suggesting that its growth is not always consistent.
   • CMCSA's growth in net income, basic earnings per share, and return on average total equity has been accelerating over the past few years, potentially due to its investments in its core businesses and its focus on expanding its broadband and streaming services.

7. Potential for Investment:

   • CMCSA is a financially healthy company with a strong competitive advantage in its core businesses.
   • However, its growth rate fluctuations and high debt levels are potential risks to its future performance.
   • Investors should carefully consider these factors before making an investment decision.

8. Key Risks and Considerations:

   • CMCSA's growth rate fluctuations, particularly in net income, basic earnings per share, and return on average total equity, suggest that its growth is not always consistent.
   • CMCSA's high debt levels, reflecting its significant capital structure and investments in its business, may pose a risk to its financial stability.

9. Overall Assessment:

   • Comcast Corp. (CMCSA) is a financially healthy company with a strong competitive advantage in its core businesses.
   • However, its growth rate fluctuations and high debt levels are potential risks to its future performance.
   • Investors should carefully consider these factors before making an investment decision.