COGECO INC (CGO.CA) Stock Fundamental Analysis
Canada • Toronto Stock Exchange • TSX:CGO • CA19238T1003
69.53 CAD
-0.64 (-0.91%)
Last: Feb 9, 2026, 07:00 PM
Taking everything into account, CGO scores 4 out of 10 in our fundamental rating. CGO was compared to 30 industry peers in the Diversified Telecommunication Services industry. There are concerns on the financial health of CGO while its profitability can be described as average. CGO is valued quite cheap, but it does not seem to be growing. CGO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
- CGO had positive earnings in the past year.
- CGO had a positive operating cash flow in the past year.
- CGO had positive earnings in each of the past 5 years.
- CGO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
- CGO has a Return On Assets of 0.84%. This is amonst the worse of the industry: CGO underperforms 83.33% of its industry peers.
- CGO has a Return On Equity of 9.39%. This is amonst the worse of the industry: CGO underperforms 80.00% of its industry peers.
- CGO's Return On Invested Capital of 6.50% is amongst the best of the industry. CGO outperforms 90.00% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CGO is in line with the industry average of 5.00%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.84% | ||
| ROE | 9.39% | ||
| ROIC | 6.5% |
ROA(3y)0.86%
ROA(5y)1.21%
ROE(3y)9.8%
ROE(5y)12.6%
ROIC(3y)6.93%
ROIC(5y)7.4%
1.3 Margins
- CGO has a worse Profit Margin (2.80%) than 83.33% of its industry peers.
- In the last couple of years the Profit Margin of CGO has declined.
- CGO has a better Operating Margin (24.42%) than 90.00% of its industry peers.
- CGO's Operating Margin has declined in the last couple of years.
- The Gross Margin of CGO (65.75%) is worse than 80.00% of its industry peers.
- In the last couple of years the Gross Margin of CGO has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.42% | ||
| PM (TTM) | 2.8% | ||
| GM | 65.75% |
OM growth 3Y-2.19%
OM growth 5Y-1.72%
PM growth 3Y-17.21%
PM growth 5Y-11.38%
GM growth 3Y0.78%
GM growth 5YN/A
2. Health
2.1 Basic Checks
- The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CGO is still creating some value.
- The number of shares outstanding for CGO has been reduced compared to 1 year ago.
- The number of shares outstanding for CGO has been reduced compared to 5 years ago.
- CGO has a better debt/assets ratio than last year.
2.2 Solvency
- Based on the Altman-Z score of 0.64, we must say that CGO is in the distress zone and has some risk of bankruptcy.
- With a decent Altman-Z score value of 0.64, CGO is doing good in the industry, outperforming 80.00% of the companies in the same industry.
- CGO has a debt to FCF ratio of 10.04. This is a negative value and a sign of low solvency as CGO would need 10.04 years to pay back of all of its debts.
- The Debt to FCF ratio of CGO (10.04) is better than 90.00% of its industry peers.
- CGO has a Debt/Equity ratio of 5.12. This is a high value indicating a heavy dependency on external financing.
- The Debt to Equity ratio of CGO (5.12) is worse than 93.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.12 | ||
| Debt/FCF | 10.04 | ||
| Altman-Z | 0.64 |
ROIC/WACC1.14
WACC5.7%
2.3 Liquidity
- A Current Ratio of 0.44 indicates that CGO may have some problems paying its short term obligations.
- The Current ratio of CGO (0.44) is worse than 86.67% of its industry peers.
- CGO has a Quick Ratio of 0.44. This is a bad value and indicates that CGO is not financially healthy enough and could expect problems in meeting its short term obligations.
- CGO's Quick ratio of 0.44 is on the low side compared to the rest of the industry. CGO is outperformed by 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 |
3. Growth
3.1 Past
- The earnings per share for CGO have decreased by -7.59% in the last year.
- The Earnings Per Share has been growing slightly by 1.95% on average over the past years.
- CGO shows a decrease in Revenue. In the last year, the revenue decreased by -2.74%.
- CGO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.94% yearly.
EPS 1Y (TTM)-7.59%
EPS 3Y-2.07%
EPS 5Y1.95%
EPS Q2Q%-5.5%
Revenue 1Y (TTM)-2.74%
Revenue growth 3Y0.15%
Revenue growth 5Y3.94%
Sales Q2Q%-3.83%
3.2 Future
- Based on estimates for the next years, CGO will show a small growth in Earnings Per Share. The EPS will grow by 3.26% on average per year.
- CGO is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -2.52% yearly.
EPS Next Y16.36%
EPS Next 2Y3.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year-3.27%
Revenue Next 2Y-2.52%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
- When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
- 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
- A Price/Earnings ratio of 8.05 indicates a reasonable valuation of CGO.
- Based on the Price/Earnings ratio, CGO is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
- The average S&P500 Price/Earnings ratio is at 28.06. CGO is valued rather cheaply when compared to this.
- Based on the Price/Forward Earnings ratio of 7.40, the valuation of CGO can be described as very cheap.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CGO indicates a rather cheap valuation: CGO is cheaper than 93.33% of the companies listed in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 27.86. CGO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 7.4 |
4.2 Price Multiples
- Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CGO indicates a rather cheap valuation: CGO is cheaper than 100.00% of the companies listed in the same industry.
- CGO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CGO is cheaper than 100.00% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.17 | ||
| EV/EBITDA | 3.67 |
4.3 Compensation for Growth
- CGO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.49
PEG (5Y)4.13
EPS Next 2Y3.26%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- CGO has a Yearly Dividend Yield of 5.71%, which is a nice return.
- Compared to an average industry Dividend Yield of 4.35, CGO pays a better dividend. On top of this CGO pays more dividend than 93.33% of the companies listed in the same industry.
- Compared to an average S&P500 Dividend Yield of 1.80, CGO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.71% |
5.2 History
- On average, the dividend of CGO grows each year by 14.01%, which is quite nice.
- CGO has paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of CGO decreased recently.
Dividend Growth(5Y)14.01%
Div Incr Years1
Div Non Decr Years1
5.3 Sustainability
- 42.37% of the earnings are spent on dividend by CGO. This is a bit on the high side, but may be sustainable.
- CGO's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP42.37%
EPS Next 2Y3.26%
EPS Next 3YN/A
TSX:CGO (2/9/2026, 7:00:00 PM)
69.53
-0.64 (-0.91%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)01-13 2026-01-13/amc
Earnings (Next)04-07 2026-04-07
Inst Owners25.67%
Inst Owner ChangeN/A
Ins Owners2.11%
Ins Owner ChangeN/A
Market Cap559.02M
Revenue(TTM)2.98B
Net Income(TTM)83.37M
Analysts76.67
Price Target94.86 (36.43%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.71% |
Yearly Dividend3.62
Dividend Growth(5Y)14.01%
DP42.37%
Div Incr Years1
Div Non Decr Years1
Ex-Date01-28 2026-01-28 (0.987)
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1%
Min EPS beat(2)-13.62%
Max EPS beat(2)11.63%
EPS beat(4)2
Avg EPS beat(4)5.2%
Min EPS beat(4)-13.62%
Max EPS beat(4)31.08%
EPS beat(8)3
Avg EPS beat(8)-4.19%
EPS beat(12)5
Avg EPS beat(12)-2.82%
EPS beat(16)7
Avg EPS beat(16)-1.26%
Revenue beat(2)0
Avg Revenue beat(2)-2.31%
Min Revenue beat(2)-3.06%
Max Revenue beat(2)-1.56%
Revenue beat(4)1
Avg Revenue beat(4)-1.51%
Min Revenue beat(4)-3.06%
Max Revenue beat(4)0.16%
Revenue beat(8)2
Avg Revenue beat(8)-1.18%
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)8.77%
PT rev (3m)5.68%
EPS NQ rev (1m)-5.94%
EPS NQ rev (3m)N/A
EPS NY rev (1m)7.86%
EPS NY rev (3m)8.44%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.05 | ||
| Fwd PE | 7.4 | ||
| P/S | 0.19 | ||
| P/FCF | 1.17 | ||
| P/OCF | 0.51 | ||
| P/B | 0.63 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.67 |
EPS(TTM)8.64
EY12.43%
EPS(NY)9.39
Fwd EY13.51%
FCF(TTM)59.45
FCFY85.5%
OCF(TTM)135.92
OCFY195.49%
SpS370.5
BVpS110.44
TBVpS-643.37
PEG (NY)0.49
PEG (5Y)4.13
Graham Number146.53
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.84% | ||
| ROE | 9.39% | ||
| ROCE | 7.92% | ||
| ROIC | 6.5% | ||
| ROICexc | 6.55% | ||
| ROICexgc | 19.49% | ||
| OM | 24.42% | ||
| PM (TTM) | 2.8% | ||
| GM | 65.75% | ||
| FCFM | 16.05% |
ROA(3y)0.86%
ROA(5y)1.21%
ROE(3y)9.8%
ROE(5y)12.6%
ROIC(3y)6.93%
ROIC(5y)7.4%
ROICexc(3y)7.06%
ROICexc(5y)7.63%
ROICexgc(3y)20.72%
ROICexgc(5y)23.19%
ROCE(3y)8.45%
ROCE(5y)9.03%
ROICexgc growth 3Y-8.56%
ROICexgc growth 5Y-7.21%
ROICexc growth 3Y-5.45%
ROICexc growth 5Y-5.36%
OM growth 3Y-2.19%
OM growth 5Y-1.72%
PM growth 3Y-17.21%
PM growth 5Y-11.38%
GM growth 3Y0.78%
GM growth 5YN/A
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.12 | ||
| Debt/FCF | 10.04 | ||
| Debt/EBITDA | 3.15 | ||
| Cap/Depr | 85.86% | ||
| Cap/Sales | 20.64% | ||
| Interest Coverage | 2.66 | ||
| Cash Conversion | 75.7% | ||
| Profit Quality | 573.28% | ||
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 | ||
| Altman-Z | 0.64 |
F-Score6
WACC5.7%
ROIC/WACC1.14
Cap/Depr(3y)117.13%
Cap/Depr(5y)124.94%
Cap/Sales(3y)25.55%
Cap/Sales(5y)26.5%
Profit Quality(3y)359.77%
Profit Quality(5y)313.56%
High Growth Momentum
Growth
EPS 1Y (TTM)-7.59%
EPS 3Y-2.07%
EPS 5Y1.95%
EPS Q2Q%-5.5%
EPS Next Y16.36%
EPS Next 2Y3.26%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)-2.74%
Revenue growth 3Y0.15%
Revenue growth 5Y3.94%
Sales Q2Q%-3.83%
Revenue Next Year-3.27%
Revenue Next 2Y-2.52%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-4.86%
EBIT growth 3Y-2.05%
EBIT growth 5Y2.16%
EBIT Next Year94.55%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y111.21%
FCF growth 3Y23.31%
FCF growth 5Y2.54%
OCF growth 1Y8.06%
OCF growth 3Y-3.61%
OCF growth 5Y3.66%
COGECO INC / CGO.CA FAQ
What is the ChartMill fundamental rating of COGECO INC (CGO.CA) stock?
ChartMill assigns a fundamental rating of 4 / 10 to CGO.CA.
Can you provide the valuation status for COGECO INC?
ChartMill assigns a valuation rating of 7 / 10 to COGECO INC (CGO.CA). This can be considered as Undervalued.
Can you provide the profitability details for COGECO INC?
COGECO INC (CGO.CA) has a profitability rating of 4 / 10.
What is the financial health of COGECO INC (CGO.CA) stock?
The financial health rating of COGECO INC (CGO.CA) is 3 / 10.
What is the expected EPS growth for COGECO INC (CGO.CA) stock?
The Earnings per Share (EPS) of COGECO INC (CGO.CA) is expected to grow by 16.36% in the next year.