Comcast: Sum Of The Parts Reveals Upside Potential


  • Comcast’s shares have gained 20% in the past year due to strong free cash flow generation and capital returns.
  • The company’s capital returns are supported by its cash flow generation and have strengthened its balance sheet.
  • Comcast’s connectivity and platforms unit is experiencing slow growth, but its wireless business has been successful and provides room for further growth.
  • Subtracting our NBCUniversal and Hulu reveals a discounted valuation for its legacy cable and broadband unit.
Comcast Profits Rise 26 Percent In Fourth Quarter

Justin Sullivan

Shares of Comcast (NASDAQ:CMCSA) have been a solid performer over the past year, gaining about 20% as the company’s strong free cash flow generation and capital returns have more than made up for lackluster results and its core cable and broadband

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