CABLE ONE INC (CABO) Stock Fundamental Analysis
NYSE:CABO - New York Stock Exchange, Inc. - US12685J1051 - Common Stock - Currency: USD
Overall CABO gets a fundamental rating of 5 out of 10. We evaluated CABO against 93 industry peers in the Media industry. While CABO has a great profitability rating, there are quite some concerns on its financial health. CABO scores decently on growth, while it is valued quite cheap. This could make an interesting combination. CABO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CABO was profitable.
CABO had a positive operating cash flow in the past year.
CABO had positive earnings in each of the past 5 years.
Each year in the past 5 years CABO had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CABO (4.24%) is better than 77.01% of its industry peers.
CABO's Return On Equity of 14.98% is amongst the best of the industry. CABO outperforms 82.76% of its industry peers.
CABO has a Return On Invested Capital of 6.98%. This is in the better half of the industry: CABO outperforms 74.71% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CABO is in line with the industry average of 7.01%.
The last Return On Invested Capital (6.98%) for CABO is above the 3 year average (5.61%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.24% | ||
| ROE | 14.98% | ||
| ROIC | 6.98% |
ROA(3y)3.83%
ROA(5y)4.79%
ROE(3y)14.62%
ROE(5y)17.09%
ROIC(3y)5.61%
ROIC(5y)6.28%
1.3 Margins
CABO has a better Profit Margin (14.06%) than 88.51% of its industry peers.
In the last couple of years the Profit Margin of CABO has remained more or less at the same level.
CABO has a Operating Margin of 30.42%. This is amongst the best in the industry. CABO outperforms 100.00% of its industry peers.
CABO's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 73.62%, CABO belongs to the top of the industry, outperforming 88.51% of the companies in the same industry.
In the last couple of years the Gross Margin of CABO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 30.42% | ||
| PM (TTM) | 14.06% | ||
| GM | 73.62% |
OM growth 3Y3.12%
OM growth 5Y4.02%
PM growth 3Y-11.47%
PM growth 5Y0.73%
GM growth 3Y2.53%
GM growth 5Y2.4%
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 has been reduced compared to 1 year ago.
CABO has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CABO has an improved debt to assets ratio.
2.2 Solvency
CABO has an Altman-Z score of 1.18. This is a bad value and indicates that CABO is not financially healthy and even has some risk of bankruptcy.
CABO has a Altman-Z score of 1.18. This is comparable to the rest of the industry: CABO outperforms 52.87% of its industry peers.
The Debt to FCF ratio of CABO is 11.16, which is on the high side as it means it would take CABO, 11.16 years of fcf income to pay off all of its debts.
CABO's Debt to FCF ratio of 11.16 is in line compared to the rest of the industry. CABO outperforms 55.17% of its industry peers.
A Debt/Equity ratio of 1.85 is on the high side and indicates that CABO has dependencies on debt financing.
With a Debt to Equity ratio value of 1.85, CABO is not doing good in the industry: 71.26% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | 11.16 | ||
| Altman-Z | 1.18 |
ROIC/WACC1.07
WACC6.52%
2.3 Liquidity
CABO has a Current Ratio of 0.93. This is a bad value and indicates that CABO is not financially healthy enough and could expect problems in meeting its short term obligations.
CABO's Current ratio of 0.93 is on the low side compared to the rest of the industry. CABO is outperformed by 78.16% of its industry peers.
CABO has a Quick Ratio of 0.93. This is a bad value and indicates that CABO is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 0.93, CABO is doing worse than 77.01% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.93 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 263.62% over the past year.
The Earnings Per Share has been growing by 9.32% on average over the past years. This is quite good.
Looking at the last year, CABO shows a quite strong growth in Revenue. The Revenue has grown by 18.72% in the last year.
The Revenue has been growing by 9.37% on average over the past years. This is quite good.
EPS 1Y (TTM)263.62%
EPS 3Y2.65%
EPS 5Y9.32%
EPS Q2Q%15.73%
Revenue 1Y (TTM)18.72%
Revenue growth 3Y8.19%
Revenue growth 5Y9.37%
Sales Q2Q%-6.37%
3.2 Future
The Earnings Per Share is expected to decrease by -7.68% on average over the next years.
Based on estimates for the next years, CABO will show a decrease in Revenue. The Revenue will decrease by -3.36% on average per year.
EPS Next Y-28.91%
EPS Next 2Y-6.3%
EPS Next 3Y-4.59%
EPS Next 5Y-7.68%
Revenue Next Year-6.17%
Revenue Next 2Y-4.43%
Revenue Next 3Y-2.16%
Revenue Next 5Y-3.36%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 6.27, the valuation of CABO can be described as very cheap.
Compared to the rest of the industry, the Price/Earnings ratio of CABO indicates a rather cheap valuation: CABO is cheaper than 91.95% of the companies listed in the same industry.
When comparing the Price/Earnings ratio of CABO to the average of the S&P500 Index (29.63), we can say CABO is valued rather cheaply.
Based on the Price/Forward Earnings ratio of 7.03, the valuation of CABO can be described as very cheap.
Based on the Price/Forward Earnings ratio, CABO is valued cheaper than 93.10% of the companies in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 22.68. CABO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 7.03 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CABO is valued cheaply inside the industry as 85.06% of the companies are valued more expensively.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CABO indicates a rather cheap valuation: CABO is cheaper than 86.21% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.95 | ||
| EV/EBITDA | 5.07 |
4.3 Compensation for Growth
CABO has an outstanding profitability rating, which may justify a higher PE ratio.
A cheap valuation may be justified as CABO's earnings are expected to decrease with -4.59% in the coming years.
PEG (NY)N/A
PEG (5Y)0.67
EPS Next 2Y-6.3%
EPS Next 3Y-4.59%
5. Dividend
5.1 Amount
CABO has a Yearly Dividend Yield of 4.20%, which is a nice return.
The stock price of CABO dropped by -33.47% in the last 3 months. With lower prices the dividend yield is higher, but it may be a sign investors do not trust the long term dividend.
Compared to an average industry Dividend Yield of 4.48, CABO pays a better dividend. On top of this CABO pays more dividend than 87.36% of the companies listed in the same industry.
CABO's Dividend Yield is rather good when compared to the S&P500 average which is at 2.27.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
5.2 History
On average, the dividend of CABO grows each year by 9.06%, 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)9.06%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
CABO pays out 24.00% of its income as dividend. This is a sustainable payout ratio.
DP24%
EPS Next 2Y-6.3%
EPS Next 3Y-4.59%
277.14
-3.62 (-1.29%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners105.88%
Inst Owner Change-1.52%
Ins Owners10.61%
Ins Owner Change14.52%
Market Cap1.56B
Analysts72.31
Price Target499.8 (80.34%)
Short Float %16.11%
Short Ratio8.19
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.2% |
Yearly Dividend11.61
Dividend Growth(5Y)9.06%
DP24%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-11.42%
Min EPS beat(2)-18.19%
Max EPS beat(2)-4.65%
EPS beat(4)1
Avg EPS beat(4)6.19%
Min EPS beat(4)-22.38%
Max EPS beat(4)69.97%
EPS beat(8)1
Avg EPS beat(8)-35.65%
EPS beat(12)2
Avg EPS beat(12)-25.63%
EPS beat(16)4
Avg EPS beat(16)-20.39%
Revenue beat(2)0
Avg Revenue beat(2)-2.35%
Min Revenue beat(2)-3.28%
Max Revenue beat(2)-1.43%
Revenue beat(4)0
Avg Revenue beat(4)-2.82%
Min Revenue beat(4)-3.55%
Max Revenue beat(4)-1.43%
Revenue beat(8)0
Avg Revenue beat(8)-2.26%
Revenue beat(12)0
Avg Revenue beat(12)-2.34%
Revenue beat(16)1
Avg Revenue beat(16)-1.98%
PT rev (1m)0.59%
PT rev (3m)-0.88%
EPS NQ rev (1m)-6.54%
EPS NQ rev (3m)-0.67%
EPS NY rev (1m)-4.1%
EPS NY rev (3m)-1.08%
Revenue NQ rev (1m)-0.21%
Revenue NQ rev (3m)-1.74%
Revenue NY rev (1m)-0.06%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 6.27 | ||
| Fwd PE | 7.03 | ||
| P/S | 0.78 | ||
| P/FCF | 4.95 | ||
| P/OCF | 2.4 | ||
| P/B | 0.83 | ||
| P/tB | N/A | ||
| EV/EBITDA | 5.07 |
EPS(TTM)44.18
EY15.94%
EPS(NY)39.43
Fwd EY14.23%
FCF(TTM)56
FCFY20.21%
OCF(TTM)115.33
OCFY41.62%
SpS357.38
BVpS335.34
TBVpS-283.67
PEG (NY)N/A
PEG (5Y)0.67
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 4.24% | ||
| ROE | 14.98% | ||
| ROCE | 9.7% | ||
| ROIC | 6.98% | ||
| ROICexc | 7.24% | ||
| ROICexgc | 16.85% | ||
| OM | 30.42% | ||
| PM (TTM) | 14.06% | ||
| GM | 73.62% | ||
| FCFM | 15.67% |
ROA(3y)3.83%
ROA(5y)4.79%
ROE(3y)14.62%
ROE(5y)17.09%
ROIC(3y)5.61%
ROIC(5y)6.28%
ROICexc(3y)5.83%
ROICexc(5y)6.69%
ROICexgc(3y)13.57%
ROICexgc(5y)15.26%
ROCE(3y)7.77%
ROCE(5y)8.7%
ROICexcg growth 3Y-2.03%
ROICexcg growth 5Y-12.66%
ROICexc growth 3Y-7.38%
ROICexc growth 5Y-10.85%
OM growth 3Y3.12%
OM growth 5Y4.02%
PM growth 3Y-11.47%
PM growth 5Y0.73%
GM growth 3Y2.53%
GM growth 5Y2.4%
F-Score8
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.85 | ||
| Debt/FCF | 11.16 | ||
| Debt/EBITDA | 3.66 | ||
| Cap/Depr | 97.1% | ||
| Cap/Sales | 16.6% | ||
| Interest Coverage | 3.96 | ||
| Cash Conversion | 67.92% | ||
| Profit Quality | 111.47% | ||
| Current Ratio | 0.93 | ||
| Quick Ratio | 0.93 | ||
| Altman-Z | 1.18 |
F-Score8
WACC6.52%
ROIC/WACC1.07
Cap/Depr(3y)114.25%
Cap/Depr(5y)114.95%
Cap/Sales(3y)23.65%
Cap/Sales(5y)23.13%
Profit Quality(3y)117.88%
Profit Quality(5y)114.79%
High Growth Momentum
Growth
EPS 1Y (TTM)263.62%
EPS 3Y2.65%
EPS 5Y9.32%
EPS Q2Q%15.73%
EPS Next Y-28.91%
EPS Next 2Y-6.3%
EPS Next 3Y-4.59%
EPS Next 5Y-7.68%
Revenue 1Y (TTM)18.72%
Revenue growth 3Y8.19%
Revenue growth 5Y9.37%
Sales Q2Q%-6.37%
Revenue Next Year-6.17%
Revenue Next 2Y-4.43%
Revenue Next 3Y-2.16%
Revenue Next 5Y-3.36%
EBIT growth 1Y10.71%
EBIT growth 3Y11.56%
EBIT growth 5Y13.77%
EBIT Next Year56.67%
EBIT Next 3Y16.93%
EBIT Next 5Y5.31%
FCF growth 1Y-3.64%
FCF growth 3Y1.13%
FCF growth 5Y8.78%
OCF growth 1Y-12.86%
OCF growth 3Y4.91%
OCF growth 5Y10.21%