Cogeco Communications Inc. operates as a communications corporation in North America. More Details
Established dividend payer and fair value.
Share Price & News
How has Cogeco Communications's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCA has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CCA underperformed the Canadian Media industry which returned -8.1% over the past year.
Return vs Market: CCA underperformed the Canadian Market which returned -5.5% over the past year.
Price Volatility Vs. Market
How volatile is Cogeco Communications's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StWhat To Know Before Buying Cogeco Communications Inc. (TSE:CCA) For Its Dividend
3 weeks ago | Simply Wall StIs Cogeco Communications (TSE:CCA) A Risky Investment?
1 month ago | Simply Wall StCogeco Communications Inc. (TSE:CCA) Shares Could Be 38% Below Their Intrinsic Value Estimate
Is Cogeco Communications undervalued compared to its fair value and its price relative to the market?
Undervalued compared to fair value
Share Price vs. Fair Value
Below Fair Value: CCA (CA$95.4) is trading below our estimate of fair value (CA$171.56)
Significantly Below Fair Value: CCA is trading below fair value by more than 20%.
Price To Earnings Ratio
PE vs Industry: CCA's PE Ratio (12.5x) is in line with the CA Media industry average.
PE vs Market: CCA is good value based on its PE Ratio (12.5x) compared to the Canadian market (16x).
Price to Earnings Growth Ratio
PEG Ratio: CCA's earnings are forecast to decline next year, so we can't calculate its PEG ratio.
Price to Book Ratio
PB vs Industry: CCA is overvalued based on its PB Ratio (2x) compared to the CA Media industry average (1.3x).
How is Cogeco Communications forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCA's earnings are forecast to decline over the next 3 years (-3% per year).
Earnings vs Market: CCA's earnings are forecast to decline over the next 3 years (-3% per year).
High Growth Earnings: CCA's earnings are forecast to decline over the next 3 years.
Revenue vs Market: CCA's revenue (1.9% per year) is forecast to grow slower than the Canadian market (5.8% per year).
High Growth Revenue: CCA's revenue (1.9% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: Insufficient data to determine if CCA's Return on Equity is forecast to be high in 3 years time
How has Cogeco Communications performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCA has high quality earnings.
Growing Profit Margin: CCA's current net profit margins (15.8%) are higher than last year (14%).
Past Earnings Growth Analysis
Earnings Trend: CCA's earnings have grown significantly by 23% per year over the past 5 years.
Accelerating Growth: CCA's earnings growth over the past year (14.5%) is below its 5-year average (23% per year).
Earnings vs Industry: CCA earnings growth over the past year (14.5%) underperformed the Media industry 83.2%.
Return on Equity
High ROE: CCA's Return on Equity (14.8%) is considered low.
How is Cogeco Communications's financial position?
Financial Position Analysis
Short Term Liabilities: CCA's short term assets (CA$612.7M) exceed its short term liabilities (CA$562.0M).
Long Term Liabilities: CCA's short term assets (CA$612.7M) do not cover its long term liabilities (CA$3.9B).
Debt to Equity History and Analysis
Debt Level: CCA's debt to equity ratio (128.5%) is considered high.
Reducing Debt: CCA's debt to equity ratio has reduced from 174.9% to 128.5% over the past 5 years.
Debt Coverage: CCA's debt is not well covered by operating cash flow (8.1%).
Interest Coverage: CCA's interest payments on its debt are well covered by EBIT (3.9x coverage).
What is Cogeco Communications's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: CCA's dividend (2.43%) is higher than the bottom 25% of dividend payers in the Canadian market (1.7%).
High Dividend: CCA's dividend (2.43%) is low compared to the top 25% of dividend payers in the Canadian market (5.93%).
Stability and Growth of Payments
Stable Dividend: CCA's dividends per share have been stable in the past 10 years.
Growing Dividend: CCA's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonably low payout ratio (29.7%), CCA's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCA's dividends in 3 years are forecast to be well covered by earnings (35.2% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Philippe Jetté (55 yo)
Mr. Philippe Jetté, P.Eng, has been President and Chief Executive Officer of Cogeco Inc. and Cogeco Communications Inc., since September 01, 2018 respectively. He serves as Director of Cogeco Inc. since Ja ...
CEO Compensation Analysis
Compensation vs Market: Philippe's total compensation ($USD2.56M) is about average for companies of similar size in the Canadian market ($USD3.02M).
Compensation vs Earnings: Philippe's compensation has increased by more than 20% in the past year.
|Executive Chairman of the Board||2.08yrs||CA$2.24m||0.20% |
|CFO & Senior VP||5.92yrs||CA$1.44m||0.0013% |
|Vice President of Engineering & Operations||no data||no data||no data|
|Senior VP of Corporate Affairs||18.75yrs||CA$1.14m||0.0050% |
|Senior VP & Chief Public Affairs||no data||no data||0.00016% |
|Vice President of Human Resources & Communications||no data||no data||no data|
|Vice President of Corporate Development||4.58yrs||no data||0.00028% |
|Senior VP & Chief Human Resources Officer||5yrs||no data||0.0027% |
|VP of Legal Affairs & Chief Privacy Officer||no data||no data||no data|
|Senior Vice President of Corporate Projects||0.083yr||no data||0.0035% |
|VP & Treasurer||8.83yrs||no data||0.0019% |
Experienced Management: CCA's management team is considered experienced (4.8 years average tenure).
|Executive Chairman of the Board||2.08yrs||CA$2.24m||0.20% |
|Independent Director||21.75yrs||CA$75.00k||0.0084% |
|Independent Director||4.75yrs||CA$136.00k||no data|
|Director||0.75yr||no data||no data|
|Lead Independent Director||1.75yrs||CA$58.13k||no data|
|Independent Director||1.75yrs||CA$95.00k||no data|
|Independent Director||5.75yrs||CA$120.00k||0.0034% |
|Independent Director||1.75yrs||CA$123.33k||no data|
|Independent Director||11.75yrs||CA$130.25k||0.0084% |
Experienced Board: CCA's board of directors are not considered experienced ( 1.9 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cogeco Communications Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cogeco Communications Inc.
- Ticker: CCA
- Exchange: TSX
- Founded: 1972
- Industry: Cable and Satellite
- Sector: Media
- Market Cap: CA$4.553b
- Shares outstanding: 47.73m
- Website: https://corpo.cogeco.com/cca/en
Number of Employees
- Cogeco Communications Inc.
- 1, Place Ville-Marie
- Office 3301
- H3B 3N2
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CCA||TSX (The Toronto Stock Exchange)||Yes||Subordinate Voting Shares||CA||CAD||Jul 1993|
|COG||DB (Deutsche Boerse AG)||Yes||Subordinate Voting Shares||DE||EUR||Jul 1993|
|CGEA.F||OTCPK (Pink Sheets LLC)||Yes||Subordinate Voting Shares||US||USD||Jul 1993|
Cogeco Communications Inc. operates as a communications corporation in North America. The company operates in two segments, Canadian Broadband Services and American Broadband Services. It offers digital vi ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/10/28 00:56|
|End of Day Share Price||2020/10/27 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.