Comcast (WBO:CMCS) ROCE %: 6.62% (As of Mar. 2026)


WBO:CMCS Comcast Corp WBO:CMCS
56 GF Score
Price €20.03
GF Value €36.11
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Comcast ROCE %?

Comcast WBO:CMCS +2.09% 56 ROCE % is 6.62% as of Mar. 2026. GuruFocus rates WBO:CMCS with a GF Score™ of 56/100 and a GF Value™ of €36.11 (Possible Value Trap). The stock has 2 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Comcast's annualized ROCE % for the quarter that ended in Mar. 2026 was 6.62%.

Comcast  (WBO:CMCS) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Comcast ROCE % Related Terms

Comcast ROCE % Historical Data

* Premium members only.

The historical data trend for Comcast's ROCE % 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 ROCE % Chart

Comcast Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.86 5.72 10.66 10.31 12.25

Comcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % 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 9.65 26.11 9.20 5.49 6.62
WBO:CMCS
56GF Score
Comcast Corp WBO:CMCS
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Comcast ROCE % Calculation

Comcast's annualized ROCE % for the fiscal year that ended in Dec. 2025 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Dec. 2025 )  (A: Dec. 2024 )(A: Dec. 2025 )
=25769.45/( ( (254231.505 - 37799.855) + (232826.874 - 28629.496) )/ 2 )
=25769.45/( (216431.65+204197.378)/ 2 )
=25769.45/210314.514
=12.25 %

Comcast's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=13241.42/( ( (232826.874 - 28629.496) + (224901.73 - 28811.42) )/ 2 )
=13241.42/( ( 204197.378 + 196090.31 )/ 2 )
=13241.42/200143.844
=6.62 %

(1) 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 6.62% mean?
Comcast (WBO:CMCS) has a ROCE % of 6.62% as of Mar. 2026.
Is Comcast's ROCE % too high?
Comcast's current ROCE % is 6.62%. The Telecommunication Services industry median ROCE % is 7.72. Comcast's value of 6.62% is 14.2% below this industry median. Overall, Comcast has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Comcast's ROCE % compare to SATS and CHTR?
Comcast's ROCE % of 6.62% can be compared against companies in the Telecommunication Services industry. The industry median ROCE % is 7.72. Comcast's value of 6.62% is 14.2% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Telecommunication Services company?
The median ROCE % among Telecommunication Services companies is 7.72, based on 356 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Comcast's current ROCE % of 6.62% is 14.2% below 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Telecommunication Services industry, the median ROCE % is 7.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comcast's current ROCE % is 6.62%. 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?
Based on GuruFocus' analysis, Comcast (WBO:CMCS) is currently considered Possible Value Trap. The stock's GF Value™ is €36.11, compared to a current price of €20.03 — trading 44.5% below its estimated fair value. The current ROCE % is 6.62% and 14.2% below the Telecommunication Services industry median of 7.72. Comcast's overall GF Score™ is 56/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Comcast (WBO:CMCS), the current ROCE % is 6.62% 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 (WBO:CMCS) Overvalued in 2026?

Based on GuruFocus' analysis, Comcast stock appears to be undervalued. The current stock price of €20.03 is trading 44.5% below its estimated GF Value™ of €36.11. GuruFocus considers Comcast to be Possible Value Trap.

Key valuation signals for WBO:CMCS:

  • ROCE %: 6.62%
  • GF Value™: €36.11 vs. price of €20.03 (44.5% below fair value)
  • GF Score™: 56/100 with 2 warning signs
  • Industry Position: 14.2% below the Telecommunication Services median

No single metric tells the full story. See the WBO:CMCS 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.
56GF Score

Get the complete analysis for WBO:CMCS

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€20.03
Price
€36.11
GF Value