Understanding Comcast's Position In Media Industry Compared To Competitors

Grand News Network | November 6, 2023

Amidst today's fast-paced and highly competitive business environment, it is crucial for investors and industry enthusiasts to conduct comprehensive company evaluations. In this article, we will delve into an extensive industry comparison, evaluating Comcast (NASDAQ:CMCSA) in comparison to its major competitors within the Media industry. By analyzing critical financial metrics, market position, and growth potential, our objective is to provide valuable insights for investors and offer a deeper understanding of company's performance in the industry.

Comcast Background

Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

Company P/E P/B P/S ROE EBITDA (in billions) Gross Profit (in billions) Revenue Growth
Comcast Corp 12.03 2.10 1.50 4.85% $10.02 $21.46 0.89%
Charter Communications Inc 13.72 5.60 1.18 11.64% $5.24 $5.29 0.25%
Cable One Inc 42.17 1.86 2.15 3.15% $0.22 $0.31 -1.18%
DISH Network Corp 1.98 0.16 0.22 1.09% $0.57 $1.12 -7.09%
Average 19.29 2.54 1.18 5.29% $2.01 $2.24 -2.67%

Full story available on Benzinga.com


Disclaimer: The views, recommendations, and opinions expressed in this content belong solely to the third-party experts. This site was not involved in the writing and production of this article.


Disclaimer Press Release Banner

Copyright © 2024 | All rights reserved