By skyforbes ALRIGHT you regards, listen up.
Aren’t you tired of shitting your pants every morning, checking your portfolio to see if the AI bubble has popped?
Do you miss the warmth of some DEEEEP fucking VALUE, in this overpriced aaah market?
MY POSITION:
POSITION: CALL 340 $CMCSA shares @ 27.40
This is a long term play, ZERO RISK play. I am gonna start of my analysis from simple to deep so you iPad kids can get back to your doom scroll earlier
SIMPLE : FUNDAMENTAL NUMBERS ARE JUST TOO DAMN STRONG:
A forward P/E of just 6.8x versus a 10-year average of 15.7x, AKA a 71% discount, while generating nearly $15 billion in annual free cash flow AND returning capital at a 9.8% shareholder yield.
This stock has been oversold to OBLIVION. EVEN IF NOTHING CHANGES about the company, it is undervalued.
It is literally crushing EVERY earnings estimate.
Price-to-free cash flow of 5.5x presents perhaps the most compelling valuation metric. With $100 billion market capitalization against $18.1 billion trailing free cash flow, WE CAN effectively receive $18 of annual free cash flow for every $100 invested before factoring in ANY growth.
Okay iPad kids, go to your dad’s robinhood and load him up on CMCSA so you can go to college. Now let the adults talk.
Deeper dive:
This stock sounds too good to be true because it is. In reality it could very well be a value trap. I am gonna give you as fair of an analysis as I can so you can make an informed decision.
The bad and the ugly:
If anyone has used Comcast, you know it’s shit. They’re a tech of the past. The company has lost 104,000 broadband customers, marking the 10th consecutive quarter of subscriber declines.
Also, Fixed Wireless Access (FWA) from T-Mobile and Verizon is DEVOURING their lunch, they’ve captured 13.5 million subscribers by targeting cable's entry-level customers at $50/month. T-Mobile alone has 7-8 million FWA subs, and 51% of them came DIRECTLY from cable.
It gets worse. Fiber overbuilders are coming for the rest. AT&T is deploying fiber to 3 million homes annually and hitting 45%+ penetration rates within three years of launch. They just acquired Lumen's fiber assets and plan to cover 74% of U.S. locations eventually.
The Sky acquisition was a disaster AND Peacock has burned over $10 billion trying to compete with Netflix and Disney+.
THE GOOD and why I'm Still Buying This:
ALL OF THE ABOVE HAS ALREADY BEEN PRICED IN AAAAND MORE. That’s why this shit has tanked to the gutter. IMO this shit is a risk free play. It’s in the snp500 so you know it gets that sweet sweet passive investment flow from funds AND dividend junkies love it.
But there’s more.
Epic Universe just opened and it's PRINTING MONEY. Universal's $7+ billion theme park posted an 18.7% revenue increase in its first full quarter. Q3 2025 theme parks hit $2.7B revenue and $958M EBITDA at 35% margins WHICH IS FUCKING INDUSTRY LEADING.
Xfinity Mobile added a RECORD 414,000 lines in Q3, bringing total to 8.9 million at just 14% penetration of their broadband base. Industry analysis shows cable MVNOs can hit 30-35% penetration. AND converged broadband-mobile customers have 50% LOWER CHURN. They're literally using free mobile lines to stop customers from leaving for fiber and FWA. It's working.
DOCSIS 4.0 neutralizes fiber's advantage. This tech delivers 10 Gbps down and 6 Gbps up using EXISTING cable infrastructure. They're at 50% deployment now, targeting 70% by year-end. When your cable company can offer symmetrical multi-gig speeds, the "fiber is superior" narrative dies.
Business Services is a hidden gem. $10 billion annual revenue at 56% EBITDA margins with consistent 6% growth. Minimal overlap with residential. They just acquired Nitel for enterprise capabilities. This segment alone could add $1.7-2.2B in EBITDA over five years.
The Versant spinoff unlocks trapped value. They're spinning off the declining cable networks (USA, CNBC, MSNBC) in early 2026. This removes $7 billion in shrinking revenue from consolidated results and lets the growth businesses re-rate properly. Analysts estimate 15-20% hidden value here.
Capital returns are MASSIVE. $55 billion returned to shareholders since 2021. THATS FUCKING 40% of current market cap. 17 consecutive dividend increases at a 4.8% yield with only 22% payout ratio. New $15 billion buyback authorization with no expiration. They're buying back 5% of shares annually at these depressed prices. At 6.8x earnings, every buyback dollar goes further.
WTFFFFFF THIS SHIT IS FREE RIGHT NOW.
NFA, NO CRYING IN THE CASINO