Communication Services Stock Valuations

Media, telecom and internet platforms — a mix of capital-heavy networks and asset-light advertising models with very different discount-rate profiles.

18 communication services companies covered · assumption-based DCF analysis, educational use only.

Largest communication services companies covered

Alphabet Inc.$GOOGLAlphabet Inc.$GOOGVerizon Communications Inc.$VZThe Walt Disney Company$DISSoftBank Group Corp.$SFTBYWarner Bros. Discovery, Inc.$WBDReddit, Inc.$RDDTAST SpaceMobile, Inc.$ASTS

All Communication Services companies

Alphabet Inc.$GOOGInternet Content & InformationAlphabet Inc.$GOOGLInternet Content & InformationAMC Entertainment Holdings, Inc.$AMCEntertainmentAST SpaceMobile, Inc.$ASTSTelecommunications ServicesFormula One Group$FWONAEntertainmentLumen Technologies, Inc.$LUMNTelecommunications ServicesMadison Square Garden Sports Corp.$MSGSEntertainmentMNTN Inc.$MNTNAdvertising AgenciesParamount Skydance Corporation Class B Common Stock$PSKYEntertainmentPinterest, Inc.$PINSInternet Content & InformationReddit, Inc.$RDDTInternet Content & InformationSinclair, Inc.$SBGIEntertainmentSnap Inc.$SNAPInternet Content & InformationSoftBank Group Corp.$SFTBYTelecommunications ServicesThe Walt Disney Company$DISEntertainmentVerizon Communications Inc.$VZTelecommunications ServicesWarner Bros. Discovery, Inc.$WBDEntertainmentZillow Group, Inc. Class C$ZInternet Content & Information