This Acquirers Multiple Stock Is Undervalued, According to Greenblatt, Dalio, Asness

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Part of the weekly research here at The Acquirer’s Multiple features some of the top picks from our Stock Screeners and some top investors who are holding these same picks in their portfolios. Investors such as Warren Buffett, Joel Greenblatt, Carl Icahn, Jim Simons, Prem Watsa, Jeremy Grantham, Seth Klarman, Ray Dalio, and Howard Marks. The top investor data is provided from their latest 13F’s. This week we’ll take a look at:

Comcast Corp (CMCSA)

Comcast is made up of three parts. The core cable business owns networks capable of providing television, internet access, and phone services to 62 million U.S. homes and businesses, or nearly half of the country. About 55% of the homes in this territory subscribe to at least one Comcast service. Comcast acquired NBCUniversal from General Electric in 2011. NBCU owns several cable networks, including CNBC, MSNBC, and USA, the NBC broadcast network, the Peacock streaming platform, several local NBC affiliates, Universal Studios, and several theme parks. Sky, acquired in 2018, is the dominant television provider in the U.K. and has invested heavily in proprietary content to build this position. Sky is also the largest pay-television provider in Italy and has a presence in Germany and Austria.

A quick look at the price chart below shows us that the stock is up 14.20% in the past twelve months. We currently have the stock trading on an Acquirer’s Multiple of 11.70 which means that it remains undervalued.

CMCSA Chart

CMCSA data by YCharts

(Shares)

Jean-Marie Eveillard – 31,985,747

Ken Griffin – 15,579,817

Steve Romick – 10,417,868

Tom Russo – 3,528,069

Israel Englander – 3,220,065

Ray Dalio – 2,285,043

Cliff Asness – 2,128,614

Donald Yacktman – 1,447,800

Tom Gayner – 1,060,741

Mario Gabelli – 623,441

Joel Greenblatt – 345,928

Ken Fisher – 95,529

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