ROGERS COMMUNICATIONS INC-B (RCI-B.CA) Fundamental Analysis & Valuation

TSX:RCI-B • CA7751092007

55.54 CAD
+0.26 (+0.47%)
Last: Mar 5, 2026, 07:00 PM

This RCI-B.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.

Fundamental Rating

6

Overall RCI-B gets a fundamental rating of 6 out of 10. We evaluated RCI-B against 2 industry peers in the Wireless Telecommunication Services industry. RCI-B has an excellent profitability rating, but there are some minor concerns on its financial health. RCI-B is valued quite cheap, while showing a decent growth score. This is a good combination! RCI-B also has an excellent dividend rating.


Dividend Valuation Growth Profitability Health

8

1. RCI-B.CA Profitability Analysis

1.1 Basic Checks

  • In the past year RCI-B was profitable.
  • RCI-B had a positive operating cash flow in the past year.
  • Each year in the past 5 years RCI-B has been profitable.
  • Each year in the past 5 years RCI-B had a positive operating cash flow.
RCI-B.CA Yearly Net Income VS EBIT VS OCF VS FCFRCI-B.CA Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B

1.2 Ratios

  • RCI-B has a better Return On Assets (7.70%) than 100.00% of its industry peers.
  • The Return On Equity of RCI-B (39.06%) is better than 100.00% of its industry peers.
  • RCI-B has a better Return On Invested Capital (5.31%) than 100.00% of its industry peers.
  • Measured over the past 3 years, the Average Return On Invested Capital for RCI-B is in line with the industry average of 5.31%.
Industry RankSector Rank
ROA 7.7%
ROE 39.06%
ROIC 5.31%
ROA(3y)3.77%
ROA(5y)3.61%
ROE(3y)21.21%
ROE(5y)19.02%
ROIC(3y)5.99%
ROIC(5y)6.42%
RCI-B.CA Yearly ROA, ROE, ROICRCI-B.CA Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30

1.3 Margins

  • RCI-B has a Profit Margin of 31.94%. This is amongst the best in the industry. RCI-B outperforms 100.00% of its industry peers.
  • RCI-B's Profit Margin has improved in the last couple of years.
  • Looking at the Operating Margin, with a value of 23.11%, RCI-B belongs to the top of the industry, outperforming 100.00% of the companies in the same industry.
  • RCI-B's Operating Margin has been stable in the last couple of years.
  • RCI-B has a Gross Margin of 45.23%. This is amongst the best in the industry. RCI-B outperforms 100.00% of its industry peers.
  • In the last couple of years the Gross Margin of RCI-B has remained more or less at the same level.
Industry RankSector Rank
OM 23.11%
PM (TTM) 31.94%
GM 45.23%
OM growth 3Y-2.31%
OM growth 5Y-0.14%
PM growth 3Y42.77%
PM growth 5Y22.65%
GM growth 3Y2.89%
GM growth 5Y1.45%
RCI-B.CA Yearly Profit, Operating, Gross MarginsRCI-B.CA Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10 20 30 40

4

2. RCI-B.CA Health Analysis

2.1 Basic Checks

  • With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), RCI-B is destroying value.
  • Compared to 1 year ago, RCI-B has more shares outstanding
  • RCI-B has more shares outstanding than it did 5 years ago.
  • RCI-B has a better debt/assets ratio than last year.
RCI-B.CA Yearly Shares OutstandingRCI-B.CA Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
RCI-B.CA Yearly Total Debt VS Total AssetsRCI-B.CA Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 20B 40B 60B 80B

2.2 Solvency

  • RCI-B has a debt to FCF ratio of 19.66. This is a negative value and a sign of low solvency as RCI-B would need 19.66 years to pay back of all of its debts.
  • With an excellent Debt to FCF ratio value of 19.66, RCI-B belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
  • RCI-B has a Debt/Equity ratio of 2.38. This is a high value indicating a heavy dependency on external financing.
  • With an excellent Debt to Equity ratio value of 2.38, RCI-B belongs to the best of the industry, outperforming 100.00% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 2.38
Debt/FCF 19.66
Altman-Z N/A
ROIC/WACC0.79
WACC6.73%
RCI-B.CA Yearly LT Debt VS Equity VS FCFRCI-B.CA Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 10B 20B 30B 40B

2.3 Liquidity

  • A Current Ratio of 0.61 indicates that RCI-B may have some problems paying its short term obligations.
  • The Current ratio of RCI-B (0.61) is better than 100.00% of its industry peers.
  • RCI-B has a Quick Ratio of 0.61. This is a bad value and indicates that RCI-B is not financially healthy enough and could expect problems in meeting its short term obligations.
  • RCI-B has a Quick ratio of 0.57. This is amongst the best in the industry. RCI-B outperforms 100.00% of its industry peers.
Industry RankSector Rank
Current Ratio 0.61
Quick Ratio 0.57
RCI-B.CA Yearly Current Assets VS Current LiabilitesRCI-B.CA Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 5B 10B 15B

4

3. RCI-B.CA Growth Analysis

3.1 Past

  • RCI-B shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -0.40%.
  • The Earnings Per Share has been growing by 8.19% on average over the past years. This is quite good.
  • The Revenue has been growing slightly by 5.38% in the past year.
  • RCI-B shows quite a strong growth in Revenue. Measured over the last years, the Revenue has been growing by 9.30% yearly.
EPS 1Y (TTM)-0.4%
EPS 3Y10.74%
EPS 5Y8.19%
EPS Q2Q%3.42%
Revenue 1Y (TTM)5.38%
Revenue growth 3Y12.14%
Revenue growth 5Y9.3%
Sales Q2Q%12.61%

3.2 Future

  • Based on estimates for the next years, RCI-B will show a small growth in Earnings Per Share. The EPS will grow by 2.39% on average per year.
  • RCI-B is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.73% yearly.
EPS Next Y0.4%
EPS Next 2Y2.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year4.62%
Revenue Next 2Y3.1%
Revenue Next 3Y2.73%
Revenue Next 5YN/A

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.
RCI-B.CA Yearly Revenue VS EstimatesRCI-B.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 5B 10B 15B 20B
RCI-B.CA Yearly EPS VS EstimatesRCI-B.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 1 2 3 4 5

8

4. RCI-B.CA Valuation Analysis

4.1 Price/Earnings Ratio

  • RCI-B is valuated reasonably with a Price/Earnings ratio of 11.09.
  • Based on the Price/Earnings ratio, RCI-B is valued cheaper than 100.00% of the companies in the same industry.
  • The average S&P500 Price/Earnings ratio is at 26.29. RCI-B is valued rather cheaply when compared to this.
  • RCI-B is valuated reasonably with a Price/Forward Earnings ratio of 11.04.
  • Compared to the rest of the industry, the Price/Forward Earnings ratio of RCI-B indicates a rather cheap valuation: RCI-B is cheaper than 100.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Price/Forward Earnings ratio of 24.57, RCI-B is valued rather cheaply.
Industry RankSector Rank
PE 11.09
Fwd PE 11.04
RCI-B.CA Price Earnings VS Forward Price EarningsRCI-B.CA Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

  • RCI-B's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. RCI-B is cheaper than 100.00% of the companies in the same industry.
  • Based on the Price/Free Cash Flow ratio, RCI-B is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 13.35
EV/EBITDA 6.95
RCI-B.CA Per share dataRCI-B.CA EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 20 -20 40 -40

4.3 Compensation for Growth

  • The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
  • The excellent profitability rating of RCI-B may justify a higher PE ratio.
PEG (NY)27.58
PEG (5Y)1.35
EPS Next 2Y2.39%
EPS Next 3YN/A

7

5. RCI-B.CA Dividend Analysis

5.1 Amount

  • With a Yearly Dividend Yield of 3.71%, RCI-B has a reasonable but not impressive dividend return.
  • Compared to an average industry Dividend Yield of 3.71, RCI-B pays a better dividend. On top of this RCI-B pays more dividend than 100.00% of the companies listed in the same industry.
  • Compared to an average S&P500 Dividend Yield of 1.82, RCI-B pays a better dividend.
Industry RankSector Rank
Dividend Yield 3.71%

5.2 History

  • The dividend of RCI-B decreases each year by -3.26%.
  • RCI-B has paid a dividend for at least 10 years, which is a reliable track record.
  • RCI-B has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)-3.26%
Div Incr Years0
Div Non Decr Years21
RCI-B.CA Yearly Dividends per shareRCI-B.CA Yearly Dividends per shareYearly Dividends per share 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 0.5 1 1.5

5.3 Sustainability

  • RCI-B pays out 13.17% of its income as dividend. This is a sustainable payout ratio.
DP13.17%
EPS Next 2Y2.39%
EPS Next 3YN/A
RCI-B.CA Yearly Income VS Free CF VS DividendRCI-B.CA Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
RCI-B.CA Dividend Payout.RCI-B.CA Dividend Payout, showing the Payout Ratio.RCI-B.CA Dividend Payout.PayoutRetained Earnings

RCI-B.CA Fundamentals: All Metrics, Ratios and Statistics

ROGERS COMMUNICATIONS INC-B

TSX:RCI-B (3/5/2026, 7:00:00 PM)

55.54

+0.26 (+0.47%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryWireless Telecommunication Services
Earnings (Last)01-29
Earnings (Next)04-21
Inst Owners66.46%
Inst Owner ChangeN/A
Ins Owners1.03%
Ins Owner ChangeN/A
Market Cap30.00B
Revenue(TTM)21.71B
Net Income(TTM)6.93B
Analysts73.6
Price Target58.78 (5.83%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 3.71%
Yearly Dividend1.7
Dividend Growth(5Y)-3.26%
DP13.17%
Div Incr Years0
Div Non Decr Years21
Ex-Date03-10
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)4.57%
Min EPS beat(2)4.22%
Max EPS beat(2)4.93%
EPS beat(4)3
Avg EPS beat(4)1.21%
Min EPS beat(4)-4.97%
Max EPS beat(4)4.93%
EPS beat(8)5
Avg EPS beat(8)0.71%
EPS beat(12)8
Avg EPS beat(12)1.26%
EPS beat(16)10
Avg EPS beat(16)1.34%
Revenue beat(2)1
Avg Revenue beat(2)-1.12%
Min Revenue beat(2)-2.44%
Max Revenue beat(2)0.19%
Revenue beat(4)1
Avg Revenue beat(4)-1.85%
Min Revenue beat(4)-3%
Max Revenue beat(4)0.19%
Revenue beat(8)1
Avg Revenue beat(8)-2.38%
Revenue beat(12)2
Avg Revenue beat(12)-2.72%
Revenue beat(16)2
Avg Revenue beat(16)-2.63%
PT rev (1m)-1.81%
PT rev (3m)-1.26%
EPS NQ rev (1m)2.74%
EPS NQ rev (3m)2.21%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.52%
Revenue NQ rev (1m)-1.83%
Revenue NQ rev (3m)-3.95%
Revenue NY rev (1m)-0.83%
Revenue NY rev (3m)-0.79%
Valuation
Industry RankSector Rank
PE 11.09
Fwd PE 11.04
P/S 1.38
P/FCF 13.35
P/OCF 4.95
P/B 1.69
P/tB N/A
EV/EBITDA 6.95
EPS(TTM)5.01
EY9.02%
EPS(NY)5.03
Fwd EY9.06%
FCF(TTM)4.16
FCFY7.49%
OCF(TTM)11.22
OCFY20.19%
SpS40.19
BVpS32.86
TBVpS-57.71
PEG (NY)27.58
PEG (5Y)1.35
Graham Number60.86
Profitability
Industry RankSector Rank
ROA 7.7%
ROE 39.06%
ROCE 6.75%
ROIC 5.31%
ROICexc 5.4%
ROICexgc 14.81%
OM 23.11%
PM (TTM) 31.94%
GM 45.23%
FCFM 10.35%
ROA(3y)3.77%
ROA(5y)3.61%
ROE(3y)21.21%
ROE(5y)19.02%
ROIC(3y)5.99%
ROIC(5y)6.42%
ROICexc(3y)6.07%
ROICexc(5y)6.52%
ROICexgc(3y)14.62%
ROICexgc(5y)13.68%
ROCE(3y)7.54%
ROCE(5y)8.16%
ROICexgc growth 3Y14.83%
ROICexgc growth 5Y-0.03%
ROICexc growth 3Y-6.02%
ROICexc growth 5Y-9.01%
OM growth 3Y-2.31%
OM growth 5Y-0.14%
PM growth 3Y42.77%
PM growth 5Y22.65%
GM growth 3Y2.89%
GM growth 5Y1.45%
F-Score4
Asset Turnover0.24
Health
Industry RankSector Rank
Debt/Equity 2.38
Debt/FCF 19.66
Debt/EBITDA 4.27
Cap/Depr 77.99%
Cap/Sales 17.56%
Interest Coverage 2.42
Cash Conversion 61.17%
Profit Quality 32.41%
Current Ratio 0.61
Quick Ratio 0.57
Altman-Z N/A
F-Score4
WACC6.73%
ROIC/WACC0.79
Cap/Depr(3y)87.17%
Cap/Depr(5y)97.41%
Cap/Sales(3y)19.43%
Cap/Sales(5y)19.59%
Profit Quality(3y)88.61%
Profit Quality(5y)86.42%
High Growth Momentum
Growth
EPS 1Y (TTM)-0.4%
EPS 3Y10.74%
EPS 5Y8.19%
EPS Q2Q%3.42%
EPS Next Y0.4%
EPS Next 2Y2.39%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)5.38%
Revenue growth 3Y12.14%
Revenue growth 5Y9.3%
Sales Q2Q%12.61%
Revenue Next Year4.62%
Revenue Next 2Y3.1%
Revenue Next 3Y2.73%
Revenue Next 5YN/A
EBIT growth 1Y0.34%
EBIT growth 3Y9.55%
EBIT growth 5Y9.15%
EBIT Next Year141.98%
EBIT Next 3Y35.66%
EBIT Next 5YN/A
FCF growth 1Y43.4%
FCF growth 3Y17.9%
FCF growth 5Y2.85%
OCF growth 1Y6.67%
OCF growth 3Y10.48%
OCF growth 5Y6.99%

ROGERS COMMUNICATIONS INC-B / RCI-B.CA FAQ

Can you provide the ChartMill fundamental rating for ROGERS COMMUNICATIONS INC-B?

ChartMill assigns a fundamental rating of 6 / 10 to RCI-B.CA.


What is the valuation status of ROGERS COMMUNICATIONS INC-B (RCI-B.CA) stock?

ChartMill assigns a valuation rating of 8 / 10 to ROGERS COMMUNICATIONS INC-B (RCI-B.CA). This can be considered as Undervalued.


What is the profitability of RCI-B stock?

ROGERS COMMUNICATIONS INC-B (RCI-B.CA) has a profitability rating of 8 / 10.


How financially healthy is ROGERS COMMUNICATIONS INC-B?

The financial health rating of ROGERS COMMUNICATIONS INC-B (RCI-B.CA) is 4 / 10.


What is the expected EPS growth for ROGERS COMMUNICATIONS INC-B (RCI-B.CA) stock?

The Earnings per Share (EPS) of ROGERS COMMUNICATIONS INC-B (RCI-B.CA) is expected to grow by 0.4% in the next year.