What is Comcast Corporation (CMCSA) DCF Fair Value and Intrinsic Value in 2026?

Comcast Corporation (CMCSA) intrinsic value is calculated using conservative multi-stage Discounted Cash Flow (DCF) models, 5-year free cash flow trajectories, Graham Numbers, and owner earnings multiples. LocalAlpha tracks real-time margin of safety against live market prices.

What is Comcast Corporation's historical Return on Invested Capital (ROIC) and Moat Rating?

Comcast Corporation operates in the Communication Services sector (Telecom Services) with an economic moat rating of WIDE. LocalAlpha tracks 5-year audited quarterly ROIC, operating margin stability, and balance sheet solvency ratios.

What is Comcast Corporation's financial health rating and Piotroski F-Score?

Comcast Corporation's balance sheet quality is evaluated using the 9-point Piotroski F-Score, Altman Z-Score solvency model, debt-to-equity ratio, and quick/current liquidity coverage to guard against financial distress.

How does LocalAlpha monitor Comcast Corporation (CMCSA) for quarterly SEC filing thesis breaks?

LocalAlpha audits Comcast Corporation's 10-K, 10-Q, and 8-K regulatory filings on SEC EDGAR within 15 minutes of release. If reported metrics breach an investor's custom ROIC floor, operating margin boundary, or qualitative risk criteria, an autonomous breach audit is dispatched immediately.

StocksCMCSA

CMCSA

Comcast CorporationCommunication Services / Telecom ServicesINTACT

Comcast Corporation operates as a media and technology company worldwide. The company operates through Residential Connectivity & Platforms, Business Services Connectivity, Media, Studios, and Theme Parks segments. Its Residential Connectivity & Platforms segment provides residential broadband and wireless connectivity services, residential and business video services, sky-branded entertainment television networks, and advertising. The Business Services Connectivity segment offers connectivity services for small business locations, which include broadband, wireline voice, and wireless services; and ethernet network services for medium-sized customers and larger enterprises. Its Media segment operates NBCUniversal's national and regional cable networks; the NBC and Telemundo broadcast networks and owned local broadcast television stations; and Peacock, a direct-to-consumer streaming services. The company also operates international television networks comprising the Sky Sports networks, as well as other digital properties. Its Studios segment operates NBCUniversal and Sky film and television studio production and distribution operations. The Theme Parks segment operates Universal theme parks in Orlando, Florida; Hollywood, California; Osaka, Japan; and Beijing, China. It also offers a consolidated streaming platforms under the Philadelphia Flyers and the Xfinity Mobile Arena in Philadelphia, Pennsylvania; and Xumo. Comcast Corporation was founded in 1963 and is headquartered in Philadelphia, Pennsylvania.

Share Price

$25.13

52W: $21.28 - $32.86

DCF Fair Value

$54.91

+54.2% MoS

Thesis Hub

P/E (TTM)

8.1x

ROIC

12.9%

Operating Margin

17.2%

FCF Yield

14.2%

Debt / Equity

Piotroski Score

7/9

Altman Z-Score

4.3

Market Cap

$89.2B

Price vs. Intrinsic Value Corridor

Margin of Safety Buy Zone (<25% Discount)

Historical market price overlaid against conservative DCF Fair Value & Benjamin Graham Margin of Safety bands.

Period Return (1Y)

—()

Period Range

$— - $—

DCF Fair Value

$54.91

MOS Buy Target (-25%)

$41.18

Valuation Overlays: DCF Fair Value ($54.91) 25% MOS Buy Target ($41.18) Revised Graham ($61.20) Graham Number ($42.15)

2-Stage Discounted Cash Flow (DCF) Workbench

Conservative intrinsic value model based on owner cash generation over a 10-year investment horizon. Opens with LocalAlpha's baseline assumptions (matching the fair value shown above) — adjust any input to stress-test.

Current Market Price

$25.13

DCF Fair Value

$54.92

+54.2% MoS

Starting Free Cash Flow ($M)$12,698M

$100M$12,698M (Reported)$50,000M

Stage 1 Growth (Years 1-5)8.6%

-5%10% (Target)35%

Stage 2 Growth (Years 6-10)4.5%

0%5%20%

Discount Rate (WACC / Hurdle)9.0%

6%9% (Standard)15% (High Risk)

Terminal Perpetual Growth2.5%

1% (GDP Floor)2.5% (Inflation)4.0%

Net Debt ($M)$82,700M

-$100B CashBalance Sheet+$150B Debt

10-Yr PV of Cash Flows

$117.8B

PV of Terminal Value

$159.2B

Implied Enterprise Value

$277.0B

Implied Equity Value

$194.3B

Year	Yr 1	Yr 2	Yr 3	Yr 4	Yr 5	Yr 6	Yr 7	Yr 8	Yr 9	Yr 10
Projected FCF ($M)	$13,790	$14,976	$16,264	$17,663	$19,182	$20,045	$20,947	$21,889	$22,874	$23,904
Present Value (PV)	$12,651	$12,605	$12,559	$12,513	$12,467	$11,952	$11,459	$10,986	$10,532	$10,097

Benjamin Graham & Buffett Value Models

Classical deep value metrics based on asset backing, normalized earnings power, and owner cash yield.

Graham Number+40.4% MoS

$42.15

Calculated as √(22.5 × EPS × BVPS). The maximum theoretical price a defensive investor should pay based purely on asset book value and current earnings.

EPS: $3.12BVPS: $25.31

Revised Graham Formula+58.9% MoS

$61.20

Formula: V = (EPS × (8.5 + 2g) × 4.4) / Y where g is the conservative 7-10 yr growth rate and Y is AAA Bond Yield.

Growth Rate (g%)

Bond Yield (Y%)

Buffett Owner Earnings13.6% Yield

$3.41 / share

True distributable cash flow: Net Income + D&A - Maintenance CapEx. Reflects the cash Buffett would extract without hurting unit volume.

Total: $12.1BYield: 13.6%

Reverse DCF: Market Growth Expectation

EXTREMELY LOW BARRIER

-8.6% CAGR (Next 10 Yrs)

At the current price of $25.13, the market is assuming the business will compound Free Cash Flow at -8.6% per year for the next decade with a 9% hurdle rate.

Value Investor Verdict

✓ Low market hurdle: Easy for a wide-moat compounder to beat.

Autonomous Thesis Underwriting

Surveil CMCSA with Mathematical Margin of Safety Rules

Set non-negotiable floor rules for Comcast Corporation. If a newly filed quarterly 10-Q breaks your ROIC floor, operating margin boundary, or balance sheet leverage rules, receive an autonomous breach audit within 15 minutes.

Buffett Quality

ROIC > 15% • Margin > 15% • D/E < 0.5x

Margin Floor Guard

Current Margin 17.2% • Floor > 10%

Solvency Guard

Altman-Z > 2.6 • Current Ratio > 1.5x

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Frequently Asked Questions: Comcast Corporation (CMCSA) Intrinsic Valuation

Audited fundamentals, DCF intrinsic value sensitivity, and thesis break detection parameters for Comcast Corporation.

Based on institutional multi-stage Discounted Cash Flow (DCF) modeling on audited SEC cash flows, Comcast Corporation has an estimated DCF intrinsic fair value of $54.91 per share compared to its current market price of $25.13. This represents an estimated 54.2% margin of safety (trading below fair value). Additionally, its classic Benjamin Graham Number stands at $42.15.