CABLE ONE INC (CABO) Stock Fundamental Analysis
NYSE:CABO - New York Stock Exchange, Inc. - US12685J1051 - Common Stock - Currency: USD
CABO gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 97 industry peers in the Media industry. CABO has an excellent profitability rating, but there are concerns on its financial health. CABO is valued quite cheap, but it does not seem to be growing. Finally CABO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CABO had positive earnings in the past year.
CABO had a positive operating cash flow in the past year.
CABO had positive earnings in each of the past 5 years.
In the past 5 years CABO always reported a positive cash flow from operatings.
1.2 Ratios
Looking at the Return On Assets, with a value of 0.95%, CABO is in the better half of the industry, outperforming 62.89% of the companies in the same industry.
Looking at the Return On Equity, with a value of 3.44%, CABO is in the better half of the industry, outperforming 67.01% of the companies in the same industry.
CABO has a better Return On Invested Capital (7.85%) than 79.38% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CABO is in line with the industry average of 7.03%.
The 3 year average ROIC (6.72%) for CABO is below the current ROIC(7.85%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.95% | ||
| ROE | 3.44% | ||
| ROIC | 7.85% |
ROA(3y)2.31%
ROA(5y)3.58%
ROE(3y)8.85%
ROE(5y)12.63%
ROIC(3y)6.72%
ROIC(5y)6.82%
1.3 Margins
CABO has a better Profit Margin (3.12%) than 68.04% of its industry peers.
CABO's Profit Margin has declined in the last couple of years.
CABO has a better Operating Margin (29.15%) than 98.97% of its industry peers.
In the last couple of years the Operating Margin of CABO has remained more or less at the same level.
The Gross Margin of CABO (73.62%) is better than 87.63% of its industry peers.
CABO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 29.15% | ||
| PM (TTM) | 3.12% | ||
| GM | 73.62% |
OM growth 3Y-0.89%
OM growth 5Y0.55%
PM growth 3Y-63.05%
PM growth 5Y-43.04%
GM growth 3Y0.91%
GM growth 5Y1.98%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), CABO is creating some value.
The number of shares outstanding for CABO remains at a similar level compared to 1 year ago.
The number of shares outstanding for CABO has been reduced compared to 5 years ago.
The debt/assets ratio for CABO is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 1.16, we must say that CABO is in the distress zone and has some risk of bankruptcy.
With a Altman-Z score value of 1.16, CABO perfoms like the industry average, outperforming 56.70% of the companies in the same industry.
CABO has a debt to FCF ratio of 9.57. This is a negative value and a sign of low solvency as CABO would need 9.57 years to pay back of all of its debts.
Looking at the Debt to FCF ratio, with a value of 9.57, CABO is in line with its industry, outperforming 58.76% of the companies in the same industry.
A Debt/Equity ratio of 2.00 is on the high side and indicates that CABO has dependencies on debt financing.
CABO has a Debt to Equity ratio of 2.00. This is in the lower half of the industry: CABO underperforms 69.07% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 9.57 | ||
| Altman-Z | 1.16 |
ROIC/WACC1.12
WACC7.04%
2.3 Liquidity
A Current Ratio of 1.31 indicates that CABO should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.31, CABO is in line with its industry, outperforming 46.39% of the companies in the same industry.
A Quick Ratio of 1.31 indicates that CABO should not have too much problems paying its short term obligations.
CABO has a Quick ratio (1.31) which is in line with its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 |
3. Growth
3.1 Past
The earnings per share for CABO have decreased strongly by -86.46% in the last year.
CABO shows a very negative growth in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -27.87% yearly.
The Revenue has grown by 18.23% in the past year. This is quite good.
CABO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.22% yearly.
EPS 1Y (TTM)-86.46%
EPS 3Y-49.37%
EPS 5Y-27.87%
EPS Q2Q%-196.49%
Revenue 1Y (TTM)18.23%
Revenue growth 3Y-0.55%
Revenue growth 5Y6.22%
Sales Q2Q%-5.97%
3.2 Future
Based on estimates for the next years, CABO will show a very strong growth in Earnings Per Share. The EPS will grow by 25.52% on average per year.
CABO is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.49% yearly.
EPS Next Y520.53%
EPS Next 2Y128.45%
EPS Next 3Y77.77%
EPS Next 5Y25.52%
Revenue Next Year-2.79%
Revenue Next 2Y-2.19%
Revenue Next 3Y0.02%
Revenue Next 5Y-1.49%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 41.87, which means the current valuation is very expensive for CABO.
Compared to the rest of the industry, the Price/Earnings ratio of CABO is on the same level as its industry peers.
Compared to an average S&P500 Price/Earnings ratio of 28.29, CABO is valued a bit more expensive.
Based on the Price/Forward Earnings ratio of 6.75, the valuation of CABO can be described as very cheap.
Based on the Price/Forward Earnings ratio, CABO is valued cheaper than 90.72% of the companies in the same industry.
CABO is valuated cheaply when we compare the Price/Forward Earnings ratio to 21.32, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.87 | ||
| Fwd PE | 6.75 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CABO is valued cheaper than 80.41% of the companies in the same industry.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CABO indicates a rather cheap valuation: CABO is cheaper than 90.72% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 3.8 | ||
| EV/EBITDA | 5.3 |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CABO may justify a higher PE ratio.
CABO's earnings are expected to grow with 77.77% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.08
PEG (5Y)N/A
EPS Next 2Y128.45%
EPS Next 3Y77.77%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.63%, CABO is a good candidate for dividend investing.
In the last 3 months the price of CABO has falen by -23.94%. A price decline artificially increases the dividend yield. It may be a sign investors do not expect the dividend to last.
CABO's Dividend Yield is rather good when compared to the industry average which is at 5.05. CABO pays more dividend than 86.60% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.51, CABO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.63% |
5.2 History
On average, the dividend of CABO grows each year by 7.27%, which is quite nice.
CABO has paid a dividend for at least 10 years, which is a reliable track record.
CABO has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)7.27%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
109.84% of the earnings are spent on dividend by CABO. This is not a sustainable payout ratio.
The dividend of CABO is growing, but earnings are growing more, so the dividend growth is sustainable.
DP109.84%
EPS Next 2Y128.45%
EPS Next 3Y77.77%
254.57
-0.48 (-0.19%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners105.88%
Inst Owner Change0.94%
Ins Owners10.61%
Ins Owner Change17.78%
Market Cap1.43B
Analysts72.31
Price Target433.16 (70.15%)
Short Float %17.92%
Short Ratio6.03
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.63% |
Yearly Dividend12.09
Dividend Growth(5Y)7.27%
DP109.84%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-155.49%
Min EPS beat(2)-292.8%
Max EPS beat(2)-18.19%
EPS beat(4)0
Avg EPS beat(4)-84.5%
Min EPS beat(4)-292.8%
Max EPS beat(4)-4.65%
EPS beat(8)1
Avg EPS beat(8)-46.11%
EPS beat(12)2
Avg EPS beat(12)-49%
EPS beat(16)4
Avg EPS beat(16)-36.61%
Revenue beat(2)0
Avg Revenue beat(2)-1.99%
Min Revenue beat(2)-2.55%
Max Revenue beat(2)-1.43%
Revenue beat(4)0
Avg Revenue beat(4)-2.57%
Min Revenue beat(4)-3.28%
Max Revenue beat(4)-1.43%
Revenue beat(8)0
Avg Revenue beat(8)-2.42%
Revenue beat(12)0
Avg Revenue beat(12)-2.42%
Revenue beat(16)1
Avg Revenue beat(16)-1.93%
PT rev (1m)0%
PT rev (3m)-12.82%
EPS NQ rev (1m)-3.72%
EPS NQ rev (3m)-16.48%
EPS NY rev (1m)-4.33%
EPS NY rev (3m)-8.77%
Revenue NQ rev (1m)0.08%
Revenue NQ rev (3m)-0.25%
Revenue NY rev (1m)-2.73%
Revenue NY rev (3m)-0.38%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 41.87 | ||
| Fwd PE | 6.75 | ||
| P/S | 0.72 | ||
| P/FCF | 3.8 | ||
| P/OCF | 2.16 | ||
| P/B | 0.8 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.3 |
EPS(TTM)6.08
EY2.39%
EPS(NY)37.73
Fwd EY14.82%
FCF(TTM)66.99
FCFY26.31%
OCF(TTM)117.96
OCFY46.34%
SpS352.37
BVpS319.01
TBVpS-295.99
PEG (NY)0.08
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.95% | ||
| ROE | 3.44% | ||
| ROCE | 9.16% | ||
| ROIC | 7.85% | ||
| ROICexc | 8.05% | ||
| ROICexgc | 18.31% | ||
| OM | 29.15% | ||
| PM (TTM) | 3.12% | ||
| GM | 73.62% | ||
| FCFM | 19.01% |
ROA(3y)2.31%
ROA(5y)3.58%
ROE(3y)8.85%
ROE(5y)12.63%
ROIC(3y)6.72%
ROIC(5y)6.82%
ROICexc(3y)6.92%
ROICexc(5y)7.26%
ROICexgc(3y)15.59%
ROICexgc(5y)16.02%
ROCE(3y)7.83%
ROCE(5y)7.95%
ROICexcg growth 3Y-4.39%
ROICexcg growth 5Y-10.84%
ROICexc growth 3Y-0.75%
ROICexc growth 5Y-8.55%
OM growth 3Y-0.89%
OM growth 5Y0.55%
PM growth 3Y-63.05%
PM growth 5Y-43.04%
GM growth 3Y0.91%
GM growth 5Y1.98%
F-Score4
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 2 | ||
| Debt/FCF | 9.57 | ||
| Debt/EBITDA | 3.9 | ||
| Cap/Depr | 83.97% | ||
| Cap/Sales | 14.47% | ||
| Interest Coverage | 3.88 | ||
| Cash Conversion | 72.19% | ||
| Profit Quality | 610.06% | ||
| Current Ratio | 1.31 | ||
| Quick Ratio | 1.31 | ||
| Altman-Z | 1.16 |
F-Score4
WACC7.04%
ROIC/WACC1.12
Cap/Depr(3y)103.71%
Cap/Depr(5y)107.52%
Cap/Sales(3y)21.57%
Cap/Sales(5y)22.27%
Profit Quality(3y)957.27%
Profit Quality(5y)614.16%
High Growth Momentum
Growth
EPS 1Y (TTM)-86.46%
EPS 3Y-49.37%
EPS 5Y-27.87%
EPS Q2Q%-196.49%
EPS Next Y520.53%
EPS Next 2Y128.45%
EPS Next 3Y77.77%
EPS Next 5Y25.52%
Revenue 1Y (TTM)18.23%
Revenue growth 3Y-0.55%
Revenue growth 5Y6.22%
Sales Q2Q%-5.97%
Revenue Next Year-2.79%
Revenue Next 2Y-2.19%
Revenue Next 3Y0.02%
Revenue Next 5Y-1.49%
EBIT growth 1Y6.91%
EBIT growth 3Y-1.44%
EBIT growth 5Y6.81%
EBIT Next Year78.42%
EBIT Next 3Y22.56%
EBIT Next 5Y9.95%
FCF growth 1Y30.32%
FCF growth 3Y6.48%
FCF growth 5Y10.46%
OCF growth 1Y0.14%
OCF growth 3Y-1.94%
OCF growth 5Y6.2%