Absolutely, and provably so! Even if he’s willing to be an absolute stinker in order to get the part, he’s genuinely considered a good actor in No Business Like Show Business, and here in Calling All Stars!
If you want to take it to the next level though, the European comics often show that he plays up his arrogance and laziness to prevent people from approaching him to exploit his luck, (for example here in the Secret Gardener), and that his public ‘face’ is actually something of an act itself.