Comcast (XSWX:CMCSA) Cyclically Adjusted FCF per Share: CHF2.90 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

XSWX:CMCSA Comcast Corp XSWX:CMCSA
65 GF Score
Price CHF19.16
GF Value CHF33.95
! 2 Warning Signs
View Full Analysis

What is Comcast Cyclically Adjusted FCF per Share?

Comcast XSWX:CMCSA 65 Cyclically Adjusted FCF per Share is CHF2.90 as of Mar. 2026. GuruFocus rates XSWX:CMCSA with a GF Score™ of 65/100 and a GF Value™ of CHF33.95. The stock has 2 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

Comcast's adjusted free cash flow per share for the three months ended in Mar. 2026 was CHF0.849. Add all the adjusted free cash flow per share for the past 10 years together and divide the count will get our Cyclically Adjusted FCF per Share, which is CHF2.90 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Comcast's average Cyclically Adjusted FCF Growth Rate was 10.00% per year. During the past 3 years, the average Cyclically Adjusted FCF Growth Rate was 8.70% per year. During the past 5 years, the average Cyclically Adjusted FCF Growth Rate was 9.90% per year. During the past 10 years, the average Cyclically Adjusted FCF Growth Rate was 12.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted FCF Growth Rate using Cyclically Adjusted FCF per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted FCF Growth Rate of Comcast was 220.80% per year. The lowest was -7.90% per year. And the median was 14.50% per year.

As of today (2026-07-16), Comcast's current stock price is CHF19.164. Comcast's Cyclically Adjusted FCF per Share for the quarter that ended in Mar. 2026 was CHF2.90. Comcast's Cyclically Adjusted Price-to-FCF of today is 6.61.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Comcast was 28.71. The lowest was 6.20. And the median was 18.94.


Comcast  (XSWX:CMCSA) Cyclically Adjusted FCF per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted FCF per Share may underestimate the company's free cash flow. Cyclically Adjusted Price-to-FCF can seem to be too high even the actual Price-to-Free-Cash-Flow is low.

For the Cyclically Adjusted Price-to-FCF, the free cash flow per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/FCF calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted Price-to-FCF is also called CAPFCF Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted free cash flow per share of a company over the past 10 years.

Comcast's Cyclically Adjusted Price-to-FCF of today is calculated as

Cyclically Adjusted Price-to-FCF=Share Price/Cyclically Adjusted FCF per Share
=19.164/2.90
=6.61

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted Price-to-FCF of Comcast was 28.71. The lowest was 6.20. And the median was 18.94.


Be Aware

Cyclically Adjusted Price-to-FCF works better for cyclical companies. It gives you a better idea on the company's real free cash flow value.


Comcast Cyclically Adjusted FCF per Share Related Terms


Comcast Cyclically Adjusted FCF per Share Historical Data

* Premium members only.

The historical data trend for Comcast's Cyclically Adjusted FCF per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Comcast Cyclically Adjusted FCF per Share Chart

Comcast Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted FCF per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Comcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted FCF per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 2.90

XSWX:CMCSA vs ECHO, CHTR, TIGO: Cyclically Adjusted FCF per Share Comparison

For the Telecom Services subindustry, Comcast's Cyclically Adjusted Price-to-FCF, along with its competitors' market caps and Cyclically Adjusted Price-to-FCF data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Comcast Cyclically Adjusted Price-to-FCF vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's Cyclically Adjusted Price-to-FCF distribution charts can be found below:

* The bar in red indicates where Comcast's Cyclically Adjusted Price-to-FCF falls into.


XSWX:CMCSA
65GF Score
Comcast Corp XSWX:CMCSA
Cyclically Adjusted FCF per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comcast Cyclically Adjusted FCF per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted FCF per Share and the Cyclically Adjusted Price-to-FCF. The Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years.

What is Cyclically Adjusted FCF per Share? How do we calculate Cyclically Adjusted FCF per Share?

Cyclically Adjusted FCF per Share is the average of the inflation adjusted Free Cash Flow per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted FCF per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the free cash flow per share from 2001 through 2010.

We adjusted the 2001 free cash flow per share data with the total inflation from 2001 through 2010 to the equivalent free cash flow in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's free cash flow is $1 a share in 2001, then the 2001's equivalent free cash flow in 2010 is $1.4 a share. If Wal-Mart's free cash flow is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 free cash flow in 2010 is $1.35. So on and so forth, you get the equivalent free cash flow per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted FCF per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Comcast's adjusted Free Cash Flow per Share data for the three months ended in Mar. 2026 was:

Adj_FreeCashFlowPerShare= Free Cash Flow per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.849/330.2130*330.2130
=0.849

Current CPI (Mar. 2026) = 330.2130.

Comcast Quarterly Data

Free Cash Flow per Share CPI Adj_FreeCashFlowPerShare
201606 0.350 241.018 0.480
201609 0.273 241.428 0.373
201612 0.579 241.432 0.792
201703 0.655 243.801 0.887
201706 0.485 244.955 0.654
201709 0.465 246.819 0.622
201712 0.464 246.524 0.622
201803 0.621 249.554 0.822
201806 0.917 251.989 1.202
201809 0.658 252.439 0.861
201812 0.445 251.233 0.585
201903 1.000 254.202 1.299
201906 0.911 256.143 1.174
201909 0.444 256.759 0.571
201912 0.502 256.974 0.645
202003 0.691 258.115 0.884
202006 1.232 257.797 1.578
202009 0.453 260.280 0.575
202012 0.291 260.474 0.369
202103 1.052 264.877 1.311
202106 0.931 271.696 1.132
202109 0.640 274.310 0.770
202112 0.756 278.802 0.895
202203 0.971 287.504 1.115
202206 0.686 296.311 0.764
202209 0.753 296.808 0.838
202212 0.289 296.797 0.322
202303 0.832 301.836 0.910
202306 0.737 305.109 0.798
202309 0.875 307.789 0.939
202312 0.366 306.746 0.394
202403 1.010 312.332 1.068
202406 0.305 314.175 0.321
202409 0.744 315.301 0.779
202412 0.757 315.605 0.792
202503 1.266 319.799 1.307
202506 0.982 322.561 1.005
202509 1.067 324.800 1.085
202512 0.957 324.054 0.975
202603 0.849 330.213 0.849

Add all the adjusted free cash flow per share together and divide 10 will get our Cyclically Adjusted FCF per Share.

What does a Cyclically Adjusted FCF per Share of CHF2.90 mean?
Comcast (XSWX:CMCSA) has a Cyclically Adjusted FCF per Share of CHF2.90 as of Mar. 2026. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Comcast and its competitors.
Is Comcast's Cyclically Adjusted FCF per Share too high?
Comcast's current Cyclically Adjusted FCF per Share is CHF2.90. Overall, Comcast has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Comcast's Cyclically Adjusted FCF per Share compare to ECHO and CHTR?
Comcast's Cyclically Adjusted FCF per Share of CHF2.90 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted FCF per Share for a Telecommunication Services company?
A good Cyclically Adjusted FCF per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted FCF per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted FCF per Share mean?
A high Cyclically Adjusted FCF per Share can signal that a stock is expensive relative to its fundamentals. Cyclically Adjusted FCF per Share represents the company's inflation-adjusted FCF per share over a 10-year period. View historical data on Comcast and its competitors. Comcast's current Cyclically Adjusted FCF per Share is CHF2.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comcast stock overvalued right now?
Comcast (XSWX:CMCSA) has a current Cyclically Adjusted FCF per Share of CHF2.90. The stock's GF Value™ is CHF33.95, compared to a current price of CHF19.16 — trading 43.6% below its estimated fair value. The current Cyclically Adjusted FCF per Share is CHF2.90. Comcast's overall GF Score™ is 65/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted FCF per Share calculated?
Cyclically Adjusted FCF per Share is calculated from a company's financial statements. For Comcast (XSWX:CMCSA), the current Cyclically Adjusted FCF per Share is CHF2.90 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Comcast (XSWX:CMCSA) Overvalued in 2026?

Based on GuruFocus' analysis, Comcast stock appears to be undervalued. The current stock price of CHF19.16 is trading 43.6% below its estimated GF Value™ of CHF33.95.

Key valuation signals for XSWX:CMCSA:

  • Cyclically Adjusted FCF per Share: CHF2.90
  • GF Value™: CHF33.95 vs. price of CHF19.16 (43.6% below fair value)
  • GF Score™: 65/100 with 2 warning signs

No single metric tells the full story. See the XSWX:CMCSA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Comcast Business Description

Address One Comcast Center, Philadelphia, PA, USA, 19103-2838
Comcast is made up of three parts. The core cable business owns networks that provide television, internet access, and phone services to 65 million US homes and businesses, or nearly half of the country. The firm provides services to about half the locations in this territory. Comcast acquired NBCUniversal from General Electric in 2011. Following the spinoff of several cable networks, including CNBC, MSNBC, and USA, NBCU now consists of the NBC network, several local NBC affiliates, Bravo, the Peacock streaming platform, Universal Studios, and several theme parks. Finally, Sky, acquired in 2018, is a large television provider in the UK and Italy.
65GF Score

Get the complete analysis for XSWX:CMCSA

Cyclically Adjusted FCF per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

CHF19.16
Price
CHF33.95
GF Value