Comcast Corporation (CMCSA): fair value, margin of safety and Wheel Score

Is CMCSA undervalued?

At 21.77 (close of 16 Oct 2026), CMCSA trades 82% below the GLS average fair value of 118.40. That average comes from 9 models run on the latest filings, and 8 of them land above the current price. Margins of safety over 30% are the exception rather than the rule across the ~7,400 stocks we value each night, so the number earns Comcast Corporation the full Value points in the Wheel Score - and a closer look at what the market is pricing in.

There is a wide gap between DDM (19.42) and DCF (293.53). When the models are this far apart the "fair value" is really a range, and the margin of safety above should be read with that range in mind.

The nightly engine files CMCSA under Quality / Blue-Chip: a high moat score and a high health score together.

Nine valuation models for CMCSA

Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.

Quality and financial health

Comcast Corporation scores 7 of 9 on the Piotroski F-score, the nine yes/no tests of profitability, leverage and efficiency on the latest annual accounts - a strong reading that passes the Sunday Scan's "6 or more" rule with room to spare. A GLS Moat score of 7.8/10 puts CMCSA among the more durable businesses we track: over ten years the metrics the score watches (revenue, EPS, book value, margins, cash flow, ROIC) have mostly moved the right way, year after year.

Returns on capital are moderate - ROIC 9.6%, ROE 20.6%, ROA 7.3% - with debt at 1.14 times equity and a free-cash-flow yield of 26.5%.

The dividend yield is high at 6.06% (payout ratio 43%). A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Residential Connectivity And Platforms 54%, Media 18%, Studios 10% (quarter Q2 FY2026).

Institutional ownership scores 10/10, insider activity 10/10 and Congressional trading 3/10 on the GLS smart-money scales.

Wheel Score 92: Prime

With a Wheel Score of 92, Comcast Corporation sits in the Prime band - price, quality and premium all line up for the wheel strategy. The parts: Value 25/25, Health 16/20, Moat 12/15, Premium 20/20, Stability 20/20. A high score is a ranking, not a signal: it says nothing about timing, the earnings date or your position size.

Implied volatility is 41% on the near-the-money contracts 20-60 days out - inside the 35-60% range the Wheel Score pays full marks for: enough premium to be worth selling, not so much that the risk is unpaid. The option chain is deep: 1,300,869 contracts of open interest across all expiries, which means tight fills at most strikes.

Volume runs at 32.3M shares a day on a market cap of $77.0B, with a beta of 0.67 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score gives that 20 of 20.

The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls; it is updated nightly and is not a recommendation. The walkthrough lesson shows how the score fits into a trade, start to finish.

Upcoming events

Comcast Corporation reports earnings on 22 Oct 2026 (before the open) - inside the 14-day window the Sunday Scan avoids, because a put sold now would carry the report's gap risk.

Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.

Similar stocks in Telecommunications Services

The 12 companies below are the closest to Comcast Corporation by market cap within the Telecommunications Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.

⚖ Compare CMCSA with 7 of them   All Communication Services stocks →