COGECO COMMUNICATIONS INC (CCA.CA) Stock Fundamental Analysis
Canada - TSX:CCA - CA19239C1068 - Common Stock
64.17 CAD
-0.41 (-0.63%)
Taking everything into account, CCA scores 5 out of 10 in our fundamental rating. CCA was compared to 31 industry peers in the Diversified Telecommunication Services industry. CCA has an excellent profitability rating, but there are some minor concerns on its financial health. CCA is valued correctly, but it does not seem to be growing. CCA also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CCA had positive earnings in the past year.
CCA had a positive operating cash flow in the past year.
In the past 5 years CCA has always been profitable.
In the past 5 years CCA always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CCA (3.32%) is better than 93.55% of its industry peers.
CCA has a better Return On Equity (10.46%) than 93.55% of its industry peers.
CCA has a better Return On Invested Capital (6.75%) than 90.32% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CCA is in line with the industry average of 5.44%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 10.46% | ||
| ROIC | 6.75% |
ROA(3y)4.02%
ROA(5y)4.6%
ROE(3y)13.3%
ROE(5y)14.62%
ROIC(3y)7.39%
ROIC(5y)7.87%
1.3 Margins
CCA has a better Profit Margin (11.09%) than 93.55% of its industry peers.
CCA's Profit Margin has declined in the last couple of years.
CCA has a better Operating Margin (24.79%) than 90.32% of its industry peers.
CCA's Operating Margin has been stable in the last couple of years.
The Gross Margin of CCA (74.58%) is better than 96.77% of its industry peers.
CCA's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 24.79% | ||
| PM (TTM) | 11.09% | ||
| GM | 74.58% |
OM growth 3Y-2.3%
OM growth 5Y-0.81%
PM growth 3Y-11.01%
PM growth 5Y-8.75%
GM growth 3Y0.9%
GM growth 5Y0.84%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is just above the Cost of Capital (WACC), so CCA is still creating some value.
The number of shares outstanding for CCA has been reduced compared to 1 year ago.
CCA has less shares outstanding than it did 5 years ago.
Compared to 1 year ago, CCA has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.04, we must say that CCA is in the distress zone and has some risk of bankruptcy.
CCA has a better Altman-Z score (1.04) than 93.55% of its industry peers.
The Debt to FCF ratio of CCA is 8.15, which is on the high side as it means it would take CCA, 8.15 years of fcf income to pay off all of its debts.
CCA's Debt to FCF ratio of 8.15 is amongst the best of the industry. CCA outperforms 93.55% of its industry peers.
CCA has a Debt/Equity ratio of 1.42. This is a high value indicating a heavy dependency on external financing.
CCA has a better Debt to Equity ratio (1.42) than 100.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 8.15 | ||
| Altman-Z | 1.04 |
ROIC/WACC1.17
WACC5.76%
2.3 Liquidity
A Current Ratio of 0.49 indicates that CCA may have some problems paying its short term obligations.
With a Current ratio value of 0.49, CCA is not doing good in the industry: 87.10% of the companies in the same industry are doing better.
CCA has a Quick Ratio of 0.49. This is a bad value and indicates that CCA is not financially healthy enough and could expect problems in meeting its short term obligations.
CCA has a Quick ratio of 0.49. This is amonst the worse of the industry: CCA underperforms 87.10% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 |
3. Growth
3.1 Past
CCA shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -1.02%.
The Earnings Per Share has been decreasing by -1.26% on average over the past years.
Looking at the last year, CCA shows a decrease in Revenue. The Revenue has decreased by -0.76% in the last year.
CCA shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 5.00% yearly.
EPS 1Y (TTM)-1.02%
EPS 3Y-2.36%
EPS 5Y-1.26%
EPS Q2Q%0%
Revenue 1Y (TTM)-0.76%
Revenue growth 3Y5.84%
Revenue growth 5Y5%
Sales Q2Q%-2.65%
3.2 Future
Based on estimates for the next years, CCA will show a small growth in Earnings Per Share. The EPS will grow by 2.85% on average per year.
CCA is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -1.01% yearly.
EPS Next Y-0.78%
EPS Next 2Y-1.99%
EPS Next 3Y-0.11%
EPS Next 5Y2.85%
Revenue Next Year-1.79%
Revenue Next 2Y-2.15%
Revenue Next 3Y-1.98%
Revenue Next 5Y-1.01%
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
The Price/Earnings ratio is 8.28, which indicates a very decent valuation of CCA.
64.52% of the companies in the same industry are cheaper than CCA, based on the Price/Earnings ratio.
The average S&P500 Price/Earnings ratio is at 27.90. CCA is valued rather cheaply when compared to this.
A Price/Forward Earnings ratio of 8.54 indicates a reasonable valuation of CCA.
64.52% of the companies in the same industry are cheaper than CCA, based on the Price/Forward Earnings ratio.
When comparing the Price/Forward Earnings ratio of CCA to the average of the S&P500 Index (23.36), we can say CCA is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.28 | ||
| Fwd PE | 8.54 |
4.2 Price Multiples
96.77% of the companies in the same industry are more expensive than CCA, based on the Enterprise Value to EBITDA ratio.
CCA's Price/Free Cash Flow ratio is a bit more expensive when compared to the industry. CCA is more expensive than 61.29% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.63 | ||
| EV/EBITDA | 4.98 |
4.3 Compensation for Growth
The excellent profitability rating of CCA may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y-1.99%
EPS Next 3Y-0.11%
5. Dividend
5.1 Amount
CCA has a Yearly Dividend Yield of 5.68%, which is a nice return.
CCA's Dividend Yield is rather good when compared to the industry average which is at 4.61. CCA pays more dividend than 93.55% of the companies in the same industry.
Compared to an average S&P500 Dividend Yield of 2.44, CCA pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
5.2 History
On average, the dividend of CCA grows each year by 9.83%, which is quite nice.
CCA has been paying a dividend for at least 10 years, so it has a reliable track record.
CCA has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)9.83%
Div Incr Years20
Div Non Decr Years20
5.3 Sustainability
46.42% of the earnings are spent on dividend by CCA. This is a bit on the high side, but may be sustainable.
The dividend of CCA is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP46.42%
EPS Next 2Y-1.99%
EPS Next 3Y-0.11%
TSX:CCA (10/6/2025, 7:00:00 PM)
64.17
-0.41 (-0.63%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners47.77%
Inst Owner ChangeN/A
Ins Owners0.5%
Ins Owner ChangeN/A
Market Cap2.71B
Analysts70
Price Target76.6 (19.37%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.68% |
Yearly Dividend3.35
Dividend Growth(5Y)9.83%
DP46.42%
Div Incr Years20
Div Non Decr Years20
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-1.99%
Min EPS beat(2)-12.32%
Max EPS beat(2)8.33%
EPS beat(4)3
Avg EPS beat(4)2.87%
Min EPS beat(4)-12.32%
Max EPS beat(4)15.42%
EPS beat(8)5
Avg EPS beat(8)1.8%
EPS beat(12)9
Avg EPS beat(12)4.39%
EPS beat(16)11
Avg EPS beat(16)3.39%
Revenue beat(2)1
Avg Revenue beat(2)-0.43%
Min Revenue beat(2)-1.67%
Max Revenue beat(2)0.82%
Revenue beat(4)1
Avg Revenue beat(4)-0.91%
Min Revenue beat(4)-1.67%
Max Revenue beat(4)0.82%
Revenue beat(8)1
Avg Revenue beat(8)-1.15%
Revenue beat(12)2
Avg Revenue beat(12)-1.03%
Revenue beat(16)2
Avg Revenue beat(16)-0.92%
PT rev (1m)0%
PT rev (3m)-4.21%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-14.49%
EPS NY rev (1m)0.16%
EPS NY rev (3m)-4.88%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-3.23%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.87%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.28 | ||
| Fwd PE | 8.54 | ||
| P/S | 0.92 | ||
| P/FCF | 4.63 | ||
| P/OCF | 2.28 | ||
| P/B | 0.87 | ||
| P/tB | N/A | ||
| EV/EBITDA | 4.98 |
EPS(TTM)7.75
EY12.08%
EPS(NY)7.51
Fwd EY11.71%
FCF(TTM)13.85
FCFY21.59%
OCF(TTM)28.19
OCFY43.94%
SpS69.76
BVpS73.94
TBVpS-67.77
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 3.32% | ||
| ROE | 10.46% | ||
| ROCE | 8.11% | ||
| ROIC | 6.75% | ||
| ROICexc | 6.93% | ||
| ROICexgc | 21.84% | ||
| OM | 24.79% | ||
| PM (TTM) | 11.09% | ||
| GM | 74.58% | ||
| FCFM | 19.86% |
ROA(3y)4.02%
ROA(5y)4.6%
ROE(3y)13.3%
ROE(5y)14.62%
ROIC(3y)7.39%
ROIC(5y)7.87%
ROICexc(3y)7.57%
ROICexc(5y)8.23%
ROICexgc(3y)23.07%
ROICexgc(5y)25.86%
ROCE(3y)8.89%
ROCE(5y)9.46%
ROICexcg growth 3Y-10.26%
ROICexcg growth 5Y-4.9%
ROICexc growth 3Y-8.57%
ROICexc growth 5Y-3.4%
OM growth 3Y-2.3%
OM growth 5Y-0.81%
PM growth 3Y-11.01%
PM growth 5Y-8.75%
GM growth 3Y0.9%
GM growth 5Y0.84%
F-Score6
Asset Turnover0.3
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 1.42 | ||
| Debt/FCF | 8.15 | ||
| Debt/EBITDA | 3.05 | ||
| Cap/Depr | 83.81% | ||
| Cap/Sales | 20.56% | ||
| Interest Coverage | 2.76 | ||
| Cash Conversion | 81.96% | ||
| Profit Quality | 179.07% | ||
| Current Ratio | 0.49 | ||
| Quick Ratio | 0.49 | ||
| Altman-Z | 1.04 |
F-Score6
WACC5.76%
ROIC/WACC1.17
Cap/Depr(3y)141.66%
Cap/Depr(5y)125.28%
Cap/Sales(3y)30.57%
Cap/Sales(5y)26.65%
Profit Quality(3y)60.03%
Profit Quality(5y)83.34%
High Growth Momentum
Growth
EPS 1Y (TTM)-1.02%
EPS 3Y-2.36%
EPS 5Y-1.26%
EPS Q2Q%0%
EPS Next Y-0.78%
EPS Next 2Y-1.99%
EPS Next 3Y-0.11%
EPS Next 5Y2.85%
Revenue 1Y (TTM)-0.76%
Revenue growth 3Y5.84%
Revenue growth 5Y5%
Sales Q2Q%-2.65%
Revenue Next Year-1.79%
Revenue Next 2Y-2.15%
Revenue Next 3Y-1.98%
Revenue Next 5Y-1.01%
EBIT growth 1Y-5.8%
EBIT growth 3Y3.41%
EBIT growth 5Y4.15%
EBIT Next Year71.9%
EBIT Next 3Y18.8%
EBIT Next 5Y10.64%
FCF growth 1Y486.54%
FCF growth 3Y-13.64%
FCF growth 5Y-23.16%
OCF growth 1Y19.12%
OCF growth 3Y4.87%
OCF growth 5Y-6.01%