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 96 industry peers in the Media industry. CABO has an excellent profitability rating, but there are concerns on its financial health. CABO has a bad growth rate and is valued cheaply. CABO also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
In the past year CABO has reported negative net income.
In the past year CABO had a positive cash flow from operations.
In the past 5 years CABO has always been profitable.
CABO had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
The Return On Assets of CABO (0.27%) is comparable to the rest of the industry.
Looking at the Return On Equity, with a value of 0.96%, CABO is in line with its industry, outperforming 58.33% of the companies in the same industry.
CABO has a Return On Invested Capital of 8.46%. This is amongst the best in the industry. CABO outperforms 83.33% 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 6.73%.
The last Return On Invested Capital (8.46%) for CABO is above the 3 year average (6.72%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 0.96% | ||
| ROIC | 8.46% |
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
The Profit Margin of CABO (0.87%) is comparable to the rest of the industry.
In the last couple of years the Profit Margin of CABO has declined.
With an excellent Operating Margin value of 28.40%, CABO belongs to the best of the industry, outperforming 98.96% of the companies in the same industry.
CABO's Operating Margin has been stable in the last couple of years.
The Gross Margin of CABO (73.64%) is better than 88.54% of its industry peers.
CABO's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 28.4% | ||
| PM (TTM) | 0.87% | ||
| GM | 73.64% |
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
CABO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is creating some value.
Compared to 1 year ago, CABO has about the same amount of shares outstanding.
Compared to 5 years ago, CABO has less shares outstanding
CABO has a worse debt/assets ratio than last year.
2.2 Solvency
CABO has an Altman-Z score of 0.98. This is a bad value and indicates that CABO is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CABO (0.98) is comparable to the rest of the industry.
The Debt to FCF ratio of CABO is 10.97, which is on the high side as it means it would take CABO, 10.97 years of fcf income to pay off all of its debts.
CABO has a Debt to FCF ratio (10.97) which is in line with its industry peers.
A Debt/Equity ratio of 1.67 is on the high side and indicates that CABO has dependencies on debt financing.
CABO's Debt to Equity ratio of 1.67 is on the low side compared to the rest of the industry. CABO is outperformed by 64.58% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.67 | ||
| Debt/FCF | 10.97 | ||
| Altman-Z | 0.98 |
ROIC/WACC1.44
WACC5.87%
2.3 Liquidity
A Current Ratio of 0.36 indicates that CABO may have some problems paying its short term obligations.
CABO's Current ratio of 0.36 is on the low side compared to the rest of the industry. CABO is outperformed by 86.46% of its industry peers.
CABO has a Quick Ratio of 0.36. 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 0.36, CABO is doing worse than 86.46% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
The earnings per share for CABO have decreased strongly by -103.62% 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.
CABO shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 18.05%.
CABO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.22% yearly.
EPS 1Y (TTM)-103.62%
EPS 3Y-49.37%
EPS 5Y-27.87%
EPS Q2Q%-94.33%
Revenue 1Y (TTM)18.05%
Revenue growth 3Y-0.55%
Revenue growth 5Y6.22%
Sales Q2Q%-5.86%
3.2 Future
The Earnings Per Share is expected to grow by 25.52% on average over the next years. This is a very strong growth
CABO is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.49% yearly.
EPS Next Y359.03%
EPS Next 2Y126.52%
EPS Next 3Y56.89%
EPS Next 5Y25.52%
Revenue Next Year-4.09%
Revenue Next 2Y-3.05%
Revenue Next 3Y-0.31%
Revenue Next 5Y-1.49%
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
CABO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
Based on the Price/Forward Earnings ratio of 4.75, the valuation of CABO can be described as very cheap.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CABO indicates a rather cheap valuation: CABO is cheaper than 89.58% of the companies listed in the same industry.
The average S&P500 Price/Forward Earnings ratio is at 21.94. CABO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.75 |
4.2 Price Multiples
CABO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CABO is cheaper than 90.63% of the companies in the same industry.
CABO's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CABO is cheaper than 92.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.57 | ||
| EV/EBITDA | 4.71 |
4.3 Compensation for Growth
CABO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CABO has a very decent profitability rating, which may justify a higher PE ratio.
CABO's earnings are expected to grow with 56.89% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y126.52%
EPS Next 3Y56.89%
5. Dividend
5.1 Amount
CABO has a Yearly Dividend Yield of 7.16%, which is a nice return.
In the last 3 months the price of CABO has falen by -46.55%. 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 4.91. CABO pays more dividend than 92.71% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.36, CABO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.16% |
5.2 History
On average, the dividend of CABO grows each year by 7.27%, which is quite nice.
CABO has been paying a dividend for at least 10 years, so it has a reliable track record.
As CABO did not decrease their dividend in the past 5 years, we can say the dividend looks stable.
Dividend Growth(5Y)7.27%
Div Incr Years8
Div Non Decr Years8
5.3 Sustainability
CABO pays out 399.75% of its income as dividend. This is not a sustainable payout ratio.
CABO's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP399.75%
EPS Next 2Y126.52%
EPS Next 3Y56.89%
148.12
-16.74 (-10.15%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners105.88%
Inst Owner Change8.2%
Ins Owners10.61%
Ins Owner Change24.14%
Market Cap833.92M
Analysts72.31
Price Target377.2 (154.66%)
Short Float %17.76%
Short Ratio4.69
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 7.16% |
Yearly Dividend12.09
Dividend Growth(5Y)7.27%
DP399.75%
Div Incr Years8
Div Non Decr Years8
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-193.72%
Min EPS beat(2)-292.8%
Max EPS beat(2)-94.64%
EPS beat(4)0
Avg EPS beat(4)-102.57%
Min EPS beat(4)-292.8%
Max EPS beat(4)-4.65%
EPS beat(8)1
Avg EPS beat(8)-54.23%
EPS beat(12)1
Avg EPS beat(12)-58.25%
EPS beat(16)3
Avg EPS beat(16)-42.67%
Revenue beat(2)0
Avg Revenue beat(2)-3.06%
Min Revenue beat(2)-3.57%
Max Revenue beat(2)-2.55%
Revenue beat(4)0
Avg Revenue beat(4)-2.71%
Min Revenue beat(4)-3.57%
Max Revenue beat(4)-1.43%
Revenue beat(8)0
Avg Revenue beat(8)-2.67%
Revenue beat(12)0
Avg Revenue beat(12)-2.51%
Revenue beat(16)1
Avg Revenue beat(16)-2.1%
PT rev (1m)-12.92%
PT rev (3m)-24.53%
EPS NQ rev (1m)-14.75%
EPS NQ rev (3m)-11.21%
EPS NY rev (1m)-26.03%
EPS NY rev (3m)-29.23%
Revenue NQ rev (1m)-1.33%
Revenue NQ rev (3m)-1.86%
Revenue NY rev (1m)-1.34%
Revenue NY rev (3m)-1.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.75 | ||
| P/S | 0.43 | ||
| P/FCF | 2.57 | ||
| P/OCF | 1.35 | ||
| P/B | 0.47 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.71 |
EPS(TTM)-1.57
EYN/A
EPS(NY)31.2
Fwd EY21.06%
FCF(TTM)57.57
FCFY38.87%
OCF(TTM)109.36
OCFY73.83%
SpS348.16
BVpS315.36
TBVpS-296.88
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.27% | ||
| ROE | 0.96% | ||
| ROCE | 9.86% | ||
| ROIC | 8.46% | ||
| ROICexc | 8.69% | ||
| ROICexgc | 23.21% | ||
| OM | 28.4% | ||
| PM (TTM) | 0.87% | ||
| GM | 73.64% | ||
| FCFM | 16.54% |
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-Score5
Asset Turnover0.31
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.67 | ||
| Debt/FCF | 10.97 | ||
| Debt/EBITDA | 3.3 | ||
| Cap/Depr | 85.37% | ||
| Cap/Sales | 14.88% | ||
| Interest Coverage | 3.77 | ||
| Cash Conversion | 68.55% | ||
| Profit Quality | 1896.84% | ||
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 | ||
| Altman-Z | 0.98 |
F-Score5
WACC5.87%
ROIC/WACC1.44
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)-103.62%
EPS 3Y-49.37%
EPS 5Y-27.87%
EPS Q2Q%-94.33%
EPS Next Y359.03%
EPS Next 2Y126.52%
EPS Next 3Y56.89%
EPS Next 5Y25.52%
Revenue 1Y (TTM)18.05%
Revenue growth 3Y-0.55%
Revenue growth 5Y6.22%
Sales Q2Q%-5.86%
Revenue Next Year-4.09%
Revenue Next 2Y-3.05%
Revenue Next 3Y-0.31%
Revenue Next 5Y-1.49%
EBIT growth 1Y5.75%
EBIT growth 3Y-1.44%
EBIT growth 5Y6.81%
EBIT Next Year78.42%
EBIT Next 3Y22.56%
EBIT Next 5Y9.95%
FCF growth 1Y7.93%
FCF growth 3Y6.48%
FCF growth 5Y10.46%
OCF growth 1Y-13.41%
OCF growth 3Y-1.94%
OCF growth 5Y6.2%