Comcast Corporation (CMCSA)

FairStock Score: 70/100 — STEADY

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a Buffett-Graham investor, I start with what I own: Comcast is a collection of connectivity pipes, media assets, a studio, and theme parks. The connectivity business has some moat-like qualities—infrastructure and customer relationships—but media and content compete fiercely. The numbers make it an odd value case. At the 2026-10-13 close of $20.88, FairStock shows P/E 6.69, P/B 0.82, EV/EBITDA 4.61, and a Graham Number of $42.15, implying a 50.46% margin of safety. It also shows TTM free cash flow of $17.8B and a 23.9% FCF yield, which is remarkable. The Lynch category is ASSET PLAY because it trades at 0.82× book value. However, quality and trajectory are mixed. In fiscal year 2025, the year ended 2025-12-31, revenue was $123.7B, flat with fiscal year 2024, the year ended 2024-12-31, while net income rose to $20.0B and diluted EPS to $5.39 from $16.2B and $4.14 in fiscal year 2024. Then in fiscal Q2 2026, the quarter ended 2026-06-30, revenue was $29.9B and net income was $3.5B, versus fiscal Q2 2025, the quarter ended 2025-06-30, revenue of $30.3B and net income of $11.1B. So the current earnings picture is much weaker. Financial health is not comforting: D/E is 1.00, ROCE is only 4.31%, and FairStock's Altman Z-Score is 0.75, while the Piotroski F-Score is 7/9. The dividend yield of 5.80% and beta of 0.66 add income and defensiveness, but the low Altman score warns that the cheapness may reflect real balance-sheet and profit risks. I would want evidence that fiscal Q2 2026 profit weakness is temporary and that cash flow remains durable before calling this a classic asset play.

In plain English: Comcast provides internet, cable TV, wireless, media, studios and theme parks. The business still throws off a lot of cash, but its latest profit was much lower than a year earlier and revenue has edged down. The stock looks cheap compared with its earnings and accounting value, but the weak profit trend and balance-sheet warning signs mean it is not a clean bargain.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-10-13 close · note generated 2026-10-15 · model deepseek-flash

Sources (SEC EDGAR): fiscal Q2 2026 10-Q (period ended 2026-06-30) · fiscal Q1 2026 10-Q (period ended 2026-03-31) · fiscal Q3 2025 10-Q (period ended 2025-09-30) · fiscal Q2 2025 10-Q (period ended 2025-06-30) · FY2025 10-K (period ended 2025-12-31) · FY2024 10-K (period ended 2024-12-31) · FY2023 10-K (period ended 2023-12-31)

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer