CCV.PFD (Comcast) ROC (Joel Greenblatt) %: 23.34% (As of Mar. 2026) — 48% Below Median


CCV.PFD Comcast Corp CCV.PFD
65 GF Score
Price $25.12
! 2 Warning Signs
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What is Comcast ROC (Joel Greenblatt) %?

Comcast CCV.PFD 65 ROC (Joel Greenblatt) % is 23.34% as of Mar. 2026, which is 48% below its 10-year median of 44.70. GuruFocus rates CCV.PFD with a GF Score™ of 65/100. The stock has 2 warning signs investors should review. Among 369 Telecommunication Services companies, Comcast ranks better than 83.2% on this metric.

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Comcast's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 23.34%.

The historical rank and industry rank for Comcast's ROC (Joel Greenblatt) % or its related term are showing as below:

CCV.PFD' s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 24.07   Med: 44.7   Max: 49.4
Current: 44.02

During the past 13 years, Comcast's highest ROC (Joel Greenblatt) % was 49.40%. The lowest was 24.07%. And the median was 44.70%.

CCV.PFD's ROC (Joel Greenblatt) % is ranked better than
83.2% of 369 companies
in the Telecommunication Services industry
Industry Median: 14.98 vs CCV.PFD: 44.02

Comcast's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was 3.60% per year.


Comcast  (NYSE:CCV.PFD) ROC (Joel Greenblatt) % Explanation

The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.

Joel Greenblatt uses his definition of Return on Capital and Earnings Yield (Joel Greenblatt) % to rank companies.


Comcast ROC (Joel Greenblatt) % Related Terms


Comcast ROC (Joel Greenblatt) % Historical Data

* Premium members only.

The historical data trend for Comcast's ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % Chart

Comcast Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROC (Joel Greenblatt) %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.08 24.07 42.66 37.32 47.06

Comcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROC (Joel Greenblatt) % 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 35.23 98.98 34.76 20.15 23.34

CCV.PFD vs SATS, CHTR, TIGO: ROC (Joel Greenblatt) % Comparison

For the Telecom Services subindustry, Comcast's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Comcast's ROC (Joel Greenblatt) % distribution charts can be found below:

* The bar in red indicates where Comcast's ROC (Joel Greenblatt) % falls into.


CCV.PFD
65GF Score
Comcast Corp CCV.PFD
ROC (Joel Greenblatt) % is just one metric. See GF Score™, valuation, warning signs, and more.
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Comcast ROC (Joel Greenblatt) % Calculation

Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:

ROC (Joel Greenblatt) %=EBIT/Average of (Net fixed Assets + Net Working Capital)

EBIT stands for Earnings Before Interest and Taxes.

Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.

GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(13869 + 0 + 6217) - (23468 + 4097 + 1)
=-7480

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(14078 + 0 + 5276) - (23909 + 4006 + -1)
=-8560

When net working capital is negative, 0 is used.

So ROC (Joel Greenblatt) % of Comcast for the quarter that ended in Mar. 2026 can be restated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=15308/( ( (65680 + max(-7480, 0)) + (65472 + max(-8560, 0)) )/ 2 )
=15308/( ( 65680 + 65472 )/ 2 )
=15308/65576
=23.34 %

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* 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.

What does a ROC (Joel Greenblatt) % of 23.34% mean?
Comcast (CCV.PFD) has a ROC (Joel Greenblatt) % of 23.34% as of Mar. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Comcast and its competitors. This is 48% below median its historical median of 44.70. Over the past decade, Comcast's ROC (Joel Greenblatt) % has ranged from 24.07 to 49.40. According to the industry distribution chart, Comcast ranks #62 out of 369 companies in the Telecommunication Services industry, placing it in the top 16.8%.
Is Comcast's ROC (Joel Greenblatt) % too high?
Comcast's current ROC (Joel Greenblatt) % of 23.34% is 48% below median its 10-year median of 44.70. Over the past 10 years, this metric has ranged from a low of 24.07 to a high of 49.40. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.98. Comcast's value of 23.34% is 55.8% above this industry median. Based on the distribution chart, Comcast ranks #62 out of 369 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Comcast has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Comcast's ROC (Joel Greenblatt) % compare to SATS and CHTR?
According to the Telecommunication Services industry distribution chart, Comcast ranks #62 out of 369 companies for ROC (Joel Greenblatt) %. This places Comcast in the top 17% of its industry — outperforming the majority of peers. The industry median ROC (Joel Greenblatt) % is 14.98. Comcast's value of 23.34% is 55.8% above this benchmark. Historically, Comcast's own ROC (Joel Greenblatt) % has ranged from 24.07 to 49.40 over the past decade. While the company's 10-year median is 44.70 vs. the industry median of 14.98, Comcast has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROC (Joel Greenblatt) % for a Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.98, based on 369 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comcast's current ROC (Joel Greenblatt) % of 23.34% is 55.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Comcast and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comcast's current ROC (Joel Greenblatt) % is 23.34%, which is 48% below median its own 10-year median of 44.70. 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 (CCV.PFD) has a current ROC (Joel Greenblatt) % of 23.34%. The current ROC (Joel Greenblatt) % is 23.34%, which is 48% below median its 10-year median of 44.70 and 55.8% above the Telecommunication Services industry median of 14.98. 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 ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Comcast (CCV.PFD), the current ROC (Joel Greenblatt) % is 23.34% 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.

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

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ROC (Joel Greenblatt) % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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