Comcast Corp vs Verizon Communications Inc

Comcast Corp (CMCSA) is undervalued and Verizon Communications Inc (VZ) is undervalued.

Against our estimates of intrinsic value, CMCSA trades at the wider discount: a margin of safety of +73%, against +64% for VZ.

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

Verizon Communications Inc (VZ)

Discounting its cash flows at 5.7% (average of 3 methods) values the shares at $128.11; the price of $46.45 is 64% below that value, and 88% of that value comes from beyond year five.

Leak Score 69/100 on 10 of 12 signals

MetricCMCSAVZ
VerdictUndervaluedUndervalued
Price$22.42$46.45
Intrinsic value$82.34$128.11
Margin of safety+73%+64%
Leak Score68/100 (9/12)69/100 (10/12)
Market cap$79.6B$193.0B
Revenue growth, 5 years3.6%1.5%
Operating margin14.8%22.7%
Net margin9.0%11.6%
Return on equity12.0%15.6%
Debt to equity1.011.81
P/E7.3x12.1x
Forward P/E6.3x8.8x
P/B0.9x1.9x
Dividend yield5.9%6.1%

All stocks in Telecom Services