COGECO INC (CGO.CA) Stock Fundamental Analysis
TSX:CGO • CA19238T1003
73.61 CAD
+0.2 (+0.27%)
Last: Feb 27, 2026, 07:00 PM
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. There are concerns on the financial health of CGO while its profitability can be described as average. CGO is cheap, but on the other hand it scores bad on growth.
1. Profitability
1.1 Basic Checks
- In the past year CGO was profitable.
- In the past year CGO had a positive cash flow from operations.
- Each year in the past 5 years CGO has been profitable.
- In the past 5 years CGO always reported a positive cash flow from operatings.
1.2 Ratios
- CGO has a worse Return On Assets (0.84%) than 85.71% of its industry peers.
- CGO has a worse Return On Equity (9.39%) than 82.14% of its industry peers.
- The Return On Invested Capital of CGO (6.50%) is better than 89.29% of its industry peers.
- The Average Return On Invested Capital over the past 3 years for CGO 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
- Looking at the Profit Margin, with a value of 2.80%, CGO is doing worse than 85.71% of the companies in the same industry.
- 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 89.29% of its industry peers.
- CGO's Operating Margin has declined in the last couple of years.
- CGO's Gross Margin of 65.75% is on the low side compared to the rest of the industry. CGO is outperformed by 82.14% of its industry peers.
- In the last couple of years the Gross Margin of CGO has remained more or less at the same level.
| 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. Health
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.
- Compared to 1 year ago, CGO has an improved debt to assets ratio.
2.2 Solvency
- Based on the Altman-Z score of 0.64, we must say that CGO is in the distress zone and has some risk of bankruptcy.
- CGO has a Altman-Z score of 0.64. This is in the better half of the industry: CGO outperforms 78.57% of its industry peers.
- CGO has a debt to FCF ratio of 10.04. This is a negative value and a sign of low solvency as CGO would need 10.04 years to pay back of all of its debts.
- CGO's Debt to FCF ratio of 10.04 is amongst the best of the industry. CGO outperforms 89.29% of its industry peers.
- CGO has a Debt/Equity ratio of 5.12. This is a high value indicating a heavy dependency on external financing.
- With a Debt to Equity ratio value of 5.12, CGO is not doing good in the industry: 92.86% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 5.12 | ||
| Debt/FCF | 10.04 | ||
| Altman-Z | 0.64 |
ROIC/WACC1.11
WACC5.84%
2.3 Liquidity
- CGO has a Current Ratio of 0.44. This is a bad value and indicates that CGO is not financially healthy enough and could expect problems in meeting its short term obligations.
- With a Current ratio value of 0.44, CGO is not doing good in the industry: 89.29% of the companies in the same industry are doing better.
- CGO has a Quick Ratio of 0.44. This is a bad value and indicates that CGO is not financially healthy enough and could expect problems in meeting its short term obligations.
- CGO's Quick ratio of 0.44 is on the low side compared to the rest of the industry. CGO is outperformed by 89.29% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.44 | ||
| Quick Ratio | 0.44 |
3. Growth
3.1 Past
- CGO shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -7.59%.
- CGO shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 1.95% yearly.
- Looking at the last year, CGO shows a decrease in Revenue. The Revenue has decreased by -2.74% in the last year.
- The Revenue has been growing slightly by 3.94% on average over the past years.
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
- Based on estimates for the next years, CGO will show a small growth in Earnings Per Share. The EPS will grow by 3.26% on average per year.
- The Revenue is expected to decrease by -2.52% on average over the next years.
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.
- 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
- With a Price/Earnings ratio of 8.52, the valuation of CGO can be described as very reasonable.
- CGO's Price/Earnings is on the same level as the industry average.
- Compared to an average S&P500 Price/Earnings ratio of 27.07, CGO is valued rather cheaply.
- With a Price/Forward Earnings ratio of 7.84, the valuation of CGO can be described as very cheap.
- CGO's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CGO is cheaper than 67.86% of the companies in the same industry.
- The average S&P500 Price/Forward Earnings ratio is at 28.05. CGO is valued rather cheaply when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 8.52 | ||
| Fwd PE | 7.84 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, CGO is valued cheaper than 100.00% of the companies in the same industry.
- 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 | 1.24 | ||
| EV/EBITDA | 3.69 |
4.3 Compensation for Growth
- CGO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
PEG (NY)0.52
PEG (5Y)4.37
EPS Next 2Y3.26%
EPS Next 3YN/A
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 5.38%, CGO is a good candidate for dividend investing.
- CGO's Dividend Yield is slightly below the industry average, which is at 4.94.
- Compared to an average S&P500 Dividend Yield of 1.82, CGO pays a better dividend.
| 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 paid a dividend for at least 10 years, which is a reliable track record.
- The dividend of CGO decreased 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.
- The dividend of CGO is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP42.37%
EPS Next 2Y3.26%
EPS Next 3YN/A
TSX:CGO (2/27/2026, 7:00:00 PM)
73.61
+0.2 (+0.27%)
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 Cap591.82M
Revenue(TTM)2.98B
Net Income(TTM)83.37M
Analysts76.67
Price Target94.86 (28.87%)
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 | 8.52 | ||
| Fwd PE | 7.84 | ||
| P/S | 0.2 | ||
| P/FCF | 1.24 | ||
| P/OCF | 0.54 | ||
| P/B | 0.67 | ||
| P/tB | N/A | ||
| EV/EBITDA | 3.69 |
EPS(TTM)8.64
EY11.74%
EPS(NY)9.39
Fwd EY12.76%
FCF(TTM)59.45
FCFY80.76%
OCF(TTM)135.92
OCFY184.65%
SpS370.5
BVpS110.44
TBVpS-643.37
PEG (NY)0.52
PEG (5Y)4.37
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
WACC5.84%
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 3 / 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.