List

Cheaper than usual

When a solid company trades well below its usual valuation, either the market is too gloomy or something has genuinely changed. Both are worth understanding.

2 companies

from 73 large US companies

Company	Why it's here	Size	Quality	Health	Return on capital	Growth	vs usual price
CMCSA Comcast	55% below its usual valuation · F-score 7	$79bn	4/7	7	8.6%	5.2%	-55%
VZ Verizon	18% below its usual valuation · F-score 5	$182bn	1/7	5	9.2%	0.5%	-18%

The rules

Average of P/E, P/S, P/FCF and EV/EBITDA at least 15% below the company's own 10-year median, with a Piotroski F-score of 5 or more to screen out obvious value traps. Sorted by the biggest discount.

Keep in mind: Cheap can stay cheap, or get cheaper, when growth is slowing for good. Read the bear case on each company page. Being on a list is not a recommendation.

Other lists: Dividend growers · Quality compounders · Cash-rich fortresses · Biggest cash returns