COGECO INC (CGO.CA) Fundamental Analysis & Valuation
TSX:CGO • CA19238T1003
75.46 CAD
+1.6 (+2.17%)
Last: Mar 4, 2026, 07:00 PM
This CGO.CA fundamental analysis includes valuation metrics, fair value assessment, financial health analysis, profitability trends, growth metrics and dividend sustainability analysis.
We assign a fundamental rating of 4 out of 10 to CGO. CGO was compared to 30 industry peers in the Diversified Telecommunication Services industry. CGO has only an average score on both its financial health and profitability. CGO is cheap, but on the other hand it scores bad on growth.
1. CGO.CA Profitability Analysis
1.1 Basic Checks
- In the past year CGO was profitable.
- CGO had a positive operating cash flow in the past year.
- CGO had positive earnings in each of the past 5 years.
- In the past 5 years CGO always reported a positive cash flow from operatings.
1.2 Ratios
- CGO's Return On Assets of 0.84% is on the low side compared to the rest of the industry. CGO is outperformed by 83.33% of its industry peers.
- Looking at the Return On Equity, with a value of 9.39%, CGO is doing worse than 80.00% of the companies in the same industry.
- CGO has a Return On Invested Capital of 6.50%. This is amongst the best in the industry. CGO outperforms 90.00% of its industry peers.
- CGO had an Average Return On Invested Capital over the past 3 years of 6.93%. This 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
- The Profit Margin of CGO (2.80%) is worse than 83.33% of its industry peers.
- CGO's Profit Margin has declined in the last couple of years.
- CGO's Operating Margin of 24.42% is amongst the best of the industry. CGO outperforms 90.00% of its industry peers.
- CGO's Operating Margin has declined in the last couple of years.
- With a Gross Margin value of 65.75%, CGO is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
- CGO's Gross Margin has been stable in the last couple of years.
| 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. CGO.CA Health Analysis
2.1 Basic Checks
- CGO has a Return on Invested Capital (ROIC), which is just above the Cost of Capital (WACC), which means it is 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.
- The debt/assets ratio for CGO has been reduced compared to a year ago.
2.2 Solvency
- CGO has an Altman-Z score of 0.64. This is a bad value and indicates that CGO is not financially healthy and even has some risk of bankruptcy.
- Looking at the Altman-Z score, with a value of 0.64, CGO belongs to the top of the industry, outperforming 83.33% of the companies in the same industry.
- The Debt to FCF ratio of CGO is 10.04, which is on the high side as it means it would take CGO, 10.04 years of fcf income to pay off all of its debts.
- CGO's Debt to FCF ratio of 10.04 is amongst the best of the industry. CGO outperforms 90.00% of its industry peers.
- A Debt/Equity ratio of 5.12 is on the high side and indicates that CGO has dependencies on debt financing.
- CGO has a Debt to Equity ratio of 5.12. This is amonst the worse of the industry: CGO underperforms 90.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.12 | ||
| Debt/FCF | 10.04 | ||
| Altman-Z | 0.64 |
ROIC/WACC1.11
WACC5.87%
2.3 Liquidity
- A Current Ratio of 0.44 indicates that CGO may have some problems paying its short term obligations.
- CGO's Current 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.
- A Quick Ratio of 0.44 indicates that CGO may have some problems paying its short term obligations.
- CGO has a Quick ratio of 0.44. This is amonst the worse of the industry: CGO underperforms 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 |
3. CGO.CA Growth Analysis
3.1 Past
- CGO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.59%.
- Measured over the past 5 years, CGO shows a small growth in Earnings Per Share. The EPS has been growing by 1.95% on average per year.
- The Revenue has decreased by -2.74% in the past year.
- 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
- The Earnings Per Share is expected to grow by 3.26% on average over the next years.
- 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
- The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
- When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. CGO.CA Valuation Analysis
4.1 Price/Earnings Ratio
- The Price/Earnings ratio is 8.73, which indicates a very decent valuation of CGO.
- Compared to the rest of the industry, the Price/Earnings ratio of CGO is on the same level as its industry peers.
- CGO is valuated cheaply when we compare the Price/Earnings ratio to 26.74, which is the current average of the S&P500 Index.
- With a Price/Forward Earnings ratio of 8.03, the valuation of CGO can be described as very reasonable.
- Compared to the rest of the industry, the Price/Forward Earnings ratio of CGO is on the same level as its industry peers.
- When comparing the Price/Forward Earnings ratio of CGO to the average of the S&P500 Index (24.82), we can say CGO is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.73 | ||
| Fwd PE | 8.03 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CGO is valued cheaply inside the industry as 100.00% of the companies are valued more expensively.
- 100.00% of the companies in the same industry are more expensive than CGO, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 1.27 | ||
| EV/EBITDA | 3.7 |
4.3 Compensation for Growth
- The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.53
PEG (5Y)4.48
EPS Next 2Y3.26%
EPS Next 3YN/A
5. CGO.CA Dividend Analysis
5.1 Amount
- CGO has a Yearly Dividend Yield of 5.38%, which is a nice return.
- CGO's Dividend Yield is slightly below the industry average, which is at 4.94.
- CGO's Dividend Yield is rather good when compared to the S&P500 average which is at 1.82.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.38% |
5.2 History
- On average, the dividend of CGO grows each year by 14.01%, which is quite nice.
- CGO has been paying a dividend for at least 10 years, so it has a reliable track record.
- CGO has decreased its dividend 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
CGO.CA Fundamentals: All Metrics, Ratios and Statistics
TSX:CGO (3/4/2026, 7:00:00 PM)
75.46
+1.6 (+2.17%)
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 Cap606.70M
Revenue(TTM)2.98B
Net Income(TTM)83.37M
Analysts76.67
Price Target94.86 (25.71%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 5.38% |
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)8.77%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-5.94%
EPS NY rev (1m)0%
EPS NY rev (3m)7.86%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)-1.04%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.73 | ||
| Fwd PE | 8.03 | ||
| P/S | 0.2 | ||
| P/FCF | 1.27 | ||
| P/OCF | 0.56 | ||
| P/B | 0.68 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.7 |
EPS(TTM)8.64
EY11.45%
EPS(NY)9.39
Fwd EY12.45%
FCF(TTM)59.45
FCFY78.78%
OCF(TTM)135.92
OCFY180.13%
SpS370.5
BVpS110.44
TBVpS-643.37
PEG (NY)0.53
PEG (5Y)4.48
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
WACC5.87%
ROIC/WACC1.11
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 Year95.51%
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 4 / 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.