Comcast Corp vs T-Mobile US Inc

Comcast Corp (CMCSA) is undervalued and T-Mobile US Inc (TMUS) is undervalued.

Against our estimates of intrinsic value, CMCSA trades at the wider discount: a margin of safety of +73%, against +37% for TMUS.

Values as of the 22 Sept 2026 close.

Comcast Corp (CMCSA)

Discounting its cash flows at 5.9% (average of 3 methods) values the shares at $82.34; the price of $22.42 is 73% below that value, and 87% of that value comes from beyond year five.

Leak Score 68/100 on 9 of 12 signals

T-Mobile US Inc (TMUS)

Discounting its cash flows at 7.8% (average of 3 methods) values the shares at $258.71; the price of $162.41 is 37% below that value, and 80% of that value comes from beyond year five.

Leak Score 73/100 on 10 of 12 signals

MetricCMCSATMUS
VerdictUndervaluedUndervalued
Price$22.42$162.41
Intrinsic value$82.34$258.71
Margin of safety+73%+37%
Leak Score68/100 (9/12)73/100 (10/12)
Market cap$79.6B$174.2B
Revenue growth, 5 years3.6%5.2%
Operating margin14.8%21.2%
Net margin9.0%11.4%
Return on equity12.0%18.0%
Debt to equity1.012.12
P/E7.3x17.0x
Forward P/E6.3x11.7x
P/B0.9x3.1x
Dividend yield5.9%2.5%

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