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 98 industry peers in the Media industry. CABO scores excellent on profitability, 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 negative 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.
Each year in the past 5 years CABO had a positive operating cash flow.
1.2 Ratios
CABO has a better Return On Assets (0.27%) than 60.20% of its industry peers.
CABO has a Return On Equity of 0.96%. This is in the better half of the industry: CABO outperforms 60.20% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.46%, CABO belongs to the top of the industry, outperforming 84.69% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CABO is in line with the industry average of 7.46%.
The 3 year average ROIC (6.72%) for CABO is below the current ROIC(8.46%), indicating increased profibility in the last year.
| 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
CABO's Profit Margin of 0.87% is fine compared to the rest of the industry. CABO outperforms 60.20% of its industry peers.
CABO's Profit Margin has declined in the last couple of years.
CABO has a better Operating Margin (28.40%) than 98.98% of its industry peers.
CABO's Operating Margin has been stable in the last couple of years.
The Gross Margin of CABO (73.64%) is better than 87.76% of its industry peers.
In the last couple of years the Gross Margin of CABO has grown nicely.
| 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.
CABO has about the same amout of shares outstanding than it did 1 year ago.
CABO has less shares outstanding than it did 5 years ago.
CABO has a worse debt/assets ratio than last year.
2.2 Solvency
CABO has an Altman-Z score of 0.97. 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 (0.97) which 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 of 10.97. This is in the better half of the industry: CABO outperforms 60.20% of its industry peers.
A Debt/Equity ratio of 1.67 is on the high side and indicates that CABO has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 1.67, CABO is doing worse than 69.39% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.67 | ||
| Debt/FCF | 10.97 | ||
| Altman-Z | 0.97 |
ROIC/WACC1.46
WACC5.8%
2.3 Liquidity
CABO has a Current 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.
CABO's Current ratio of 0.36 is on the low side compared to the rest of the industry. CABO is outperformed by 89.80% of its industry peers.
A Quick Ratio of 0.36 indicates that CABO may have some problems paying its short term obligations.
CABO has a Quick ratio of 0.36. This is amonst the worse of the industry: CABO underperforms 89.80% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.36 | ||
| Quick Ratio | 0.36 |
3. Growth
3.1 Past
CABO shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -117.24%.
The earnings per share for CABO have been decreasing by -27.87% on average. This is quite bad
Looking at the last year, CABO shows a decrease in Revenue. The Revenue has decreased by -5.87% in the last year.
CABO shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 6.22% yearly.
EPS 1Y (TTM)-117.24%
EPS 3Y-49.37%
EPS 5Y-27.87%
EPS Q2Q%-64.51%
Revenue 1Y (TTM)-5.87%
Revenue growth 3Y-0.55%
Revenue growth 5Y6.22%
Sales Q2Q%-3.39%
3.2 Future
The Earnings Per Share is expected to grow by 27.61% on average over the next years. This is a very strong growth
Based on estimates for the next years, CABO will show a decrease in Revenue. The Revenue will decrease by -3.10% on average per year.
EPS Next Y312.56%
EPS Next 2Y120.61%
EPS Next 3Y59.09%
EPS Next 5Y27.61%
Revenue Next Year-4.4%
Revenue Next 2Y-3.37%
Revenue Next 3Y-0.96%
Revenue Next 5Y-3.1%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better 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
CABO reported negative earnings for the last year, which makes the Price/Earnings Ratio negative.
The Price/Forward Earnings ratio is 4.94, which indicates a rather cheap valuation of CABO.
CABO's Price/Forward Earnings ratio is rather cheap when compared to the industry. CABO is cheaper than 90.82% of the companies in the same industry.
CABO's Price/Forward Earnings ratio indicates a rather cheap valuation when compared to the S&P500 average which is at 36.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.94 |
4.2 Price Multiples
CABO's Enterprise Value to EBITDA ratio is rather cheap when compared to the industry. CABO is cheaper than 88.78% 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 92.86% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.54 | ||
| EV/EBITDA | 4.7 |
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.
The decent profitability rating of CABO may justify a higher PE ratio.
CABO's earnings are expected to grow with 59.09% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y120.61%
EPS Next 3Y59.09%
5. Dividend
5.1 Amount
CABO has a Yearly Dividend Yield of 6.06%, which is a nice return.
Compared to an average industry Dividend Yield of 4.86, CABO pays a better dividend. On top of this CABO pays more dividend than 90.82% of the companies listed in the same industry.
Compared to an average S&P500 Dividend Yield of 2.40, CABO pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.06% |
5.2 History
The dividend of CABO is nicely growing with an annual growth rate of 7.27%!
CABO has been paying a dividend for at least 10 years, so it has 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 Years9
Div Non Decr Years9
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 2Y120.61%
EPS Next 3Y59.09%
146.07
+9.3 (+6.8%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners112.92%
Inst Owner Change2.12%
Ins Owners9.29%
Ins Owner Change16.7%
Market Cap822.37M
Analysts51.67
Price Target352.72 (141.47%)
Short Float %19.64%
Short Ratio4.33
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 6.06% |
Yearly Dividend12.09
Dividend Growth(5Y)7.27%
DP399.75%
Div Incr Years9
Div Non Decr Years9
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)-5.21%
PT rev (3m)-18.57%
EPS NQ rev (1m)0.92%
EPS NQ rev (3m)-19.67%
EPS NY rev (1m)-3.68%
EPS NY rev (3m)-33.52%
Revenue NQ rev (1m)-0.32%
Revenue NQ rev (3m)-1.5%
Revenue NY rev (1m)-0.26%
Revenue NY rev (3m)-1.53%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | 4.94 | ||
| P/S | 0.42 | ||
| P/FCF | 2.54 | ||
| P/OCF | 1.34 | ||
| P/B | 0.46 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.7 |
EPS(TTM)-7.44
EYN/A
EPS(NY)29.59
Fwd EY20.26%
FCF(TTM)57.57
FCFY39.41%
OCF(TTM)109.36
OCFY74.87%
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 | 0.97 |
F-Score5
WACC5.8%
ROIC/WACC1.46
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)-117.24%
EPS 3Y-49.37%
EPS 5Y-27.87%
EPS Q2Q%-64.51%
EPS Next Y312.56%
EPS Next 2Y120.61%
EPS Next 3Y59.09%
EPS Next 5Y27.61%
Revenue 1Y (TTM)-5.87%
Revenue growth 3Y-0.55%
Revenue growth 5Y6.22%
Sales Q2Q%-3.39%
Revenue Next Year-4.4%
Revenue Next 2Y-3.37%
Revenue Next 3Y-0.96%
Revenue Next 5Y-3.1%
EBIT growth 1Y5.75%
EBIT growth 3Y-1.44%
EBIT growth 5Y6.81%
EBIT Next Year74.38%
EBIT Next 3Y21.98%
EBIT Next 5Y7.5%
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%