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RCI.

Rogers CommunicationsTSX:RCI.B Stock Report

Market Cap

CA$29.7b

7D

-1.9%

1Y

-4.3%

Updated

02 Dec, 2021

Data

Company Financials +
RCI.B fundamental analysis
Snowflake Score
Valuation3/6
Future Growth2/6
Past Performance2/6
Financial Health3/6
Dividends5/6

RCI.B Stock Overview

Rogers Communications Inc. operates as a communications and media company in Canada.

Rogers Communications Competitors

Meta Platforms

NasdaqGS:FB

US$864.0b

Netflix

NasdaqGS:NFLX

US$273.6b

Walt Disney

NYSE:DIS

US$258.4b

Comcast

NasdaqGS:CMCS.A

US$224.2b

Price History & Performance

Summary of all time highs, changes and price drops for Rogers Communications
Historical stock prices
Current Share PriceCA$58.47
52 Week HighCA$67.59
52 Week LowCA$54.69
Beta0.33
1 Month Change-0.22%
3 Month Change-7.91%
1 Year Change-4.29%
3 Year Change-18.48%
5 Year Change12.57%
Change since IPO644.16%

Recent News & Updates

Shareholder Returns

RCI.BCA Wireless TelecomCA Market
7D-1.9%-3.5%-3.6%
1Y-4.3%-14.0%20.3%

Return vs Industry: RCI.B exceeded the Canadian Wireless Telecom industry which returned -17.5% over the past year.

Return vs Market: RCI.B underperformed the Canadian Market which returned 19% over the past year.

Price Volatility

Is RCI.B's price volatile compared to industry and market?
RCI.B volatility
RCI.B Average Weekly Movement2.9%
Wireless Telecom Industry Average Movement4.4%
Market Average Movement9.4%
10% most volatile stocks in CA Market17.0%
10% least volatile stocks in CA Market3.6%

Stable Share Price: RCI.B is less volatile than 75% of Canadian stocks over the past 3 months, typically moving +/- 3% a week.

Volatility Over Time: RCI.B's weekly volatility (3%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
196023,500Tony Staffierihttps://www.rogers.com

Rogers Communications Inc. operates as a communications and media company in Canada. It operates through three segments: Wireless, Cable, and Media. The company offers mobile Internet access, wireless voice and enhanced voice, device and accessory financing, wireless home phone, device protection, text messaging, e-mail, global voice and data roaming, bridging landline, machine-to-machine and Internet of Things solutions, and advanced wireless solutions for businesses, as well as device delivery services; and postpaid and prepaid services under the Rogers, Fido, and chatr brands to approximately 10.9 million subscribers.

Rogers Communications Fundamentals Summary

How do Rogers Communications's earnings and revenue compare to its market cap?
RCI.B fundamental statistics
Market CapCA$29.72b
Earnings (TTM)CA$1.60b
Revenue (TTM)CA$14.42b

18.4x

P/E Ratio

2.0x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
RCI.B income statement (TTM)
RevenueCA$14.42b
Cost of RevenueCA$8.46b
Gross ProfitCA$5.96b
ExpensesCA$4.35b
EarningsCA$1.60b

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)3.17
Gross Margin41.31%
Net Profit Margin11.11%
Debt/Equity Ratio181.8%

How did RCI.B perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

63%

Payout Ratio

Does RCI.B pay a reliable dividends?

See RCI.B dividend history and benchmarks
When do you need to buy RCI.B by to receive an upcoming dividend?
Rogers Communications dividend dates
Ex Dividend DateDec 09 2021
Dividend Pay DateJan 04 2022
Days until Ex dividend5 days
Days until Dividend pay date31 days

Does RCI.B pay a reliable dividends?

See RCI.B dividend history and benchmarks

Valuation

Is Rogers Communications undervalued compared to its fair value and its price relative to the market?

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: RCI.B (CA$58.47) is trading below our estimate of fair value (CA$152.81)

Significantly Below Fair Value: RCI.B is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: RCI.B is good value based on its PE Ratio (18.4x) compared to the North American Wireless Telecom industry average (29.2x).

PE vs Market: RCI.B is poor value based on its PE Ratio (18.4x) compared to the Canadian market (12.1x).


Price to Earnings Growth Ratio

PEG Ratio: RCI.B is poor value based on its PEG Ratio (1.6x)


Price to Book Ratio

PB vs Industry: RCI.B is overvalued based on its PB Ratio (2.8x) compared to the XN Wireless Telecom industry average (1.9x).


Future Growth

How is Rogers Communications forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?

11.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: RCI.B's forecast earnings growth (11.5% per year) is above the savings rate (1.6%).

Earnings vs Market: RCI.B's earnings (11.5% per year) are forecast to grow faster than the Canadian market (10.8% per year).

High Growth Earnings: RCI.B's earnings are forecast to grow, but not significantly.

Revenue vs Market: RCI.B's revenue (5.2% per year) is forecast to grow slower than the Canadian market (5.7% per year).

High Growth Revenue: RCI.B's revenue (5.2% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: RCI.B's Return on Equity is forecast to be low in 3 years time (19.5%).


Past Performance

How has Rogers Communications performed over the past 5 years?

7.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RCI.B has high quality earnings.

Growing Profit Margin: RCI.B's current net profit margins (11.1%) are lower than last year (11.4%).


Past Earnings Growth Analysis

Earnings Trend: RCI.B's earnings have grown by 7.1% per year over the past 5 years.

Accelerating Growth: RCI.B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: RCI.B had negative earnings growth (-0.6%) over the past year, making it difficult to compare to the Wireless Telecom industry average (10.8%).


Return on Equity

High ROE: RCI.B's Return on Equity (15.2%) is considered low.


Financial Health

How is Rogers Communications's financial position?


Financial Position Analysis

Short Term Liabilities: RCI.B's short term assets (CA$6.2B) do not cover its short term liabilities (CA$8.0B).

Long Term Liabilities: RCI.B's short term assets (CA$6.2B) do not cover its long term liabilities (CA$21.2B).


Debt to Equity History and Analysis

Debt Level: RCI.B's net debt to equity ratio (166.9%) is considered high.

Reducing Debt: RCI.B's debt to equity ratio has reduced from 292.1% to 181.8% over the past 5 years.

Debt Coverage: RCI.B's debt is well covered by operating cash flow (20.7%).

Interest Coverage: RCI.B's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


Dividend

What is Rogers Communications's current dividend yield, its reliability and sustainability?

3.42%

Current Dividend Yield


Upcoming Dividend Payment

TodayDec 03 2021Ex Dividend DateDec 09 2021Dividend Pay DateJan 04 202226 days from Ex DividendBuy in the next 5 days to receive the upcoming dividend

Dividend Yield vs Market

Notable Dividend: RCI.B's dividend (3.42%) is higher than the bottom 25% of dividend payers in the Canadian market (1.63%).

High Dividend: RCI.B's dividend (3.42%) is low compared to the top 25% of dividend payers in the Canadian market (4.74%).


Stability and Growth of Payments

Stable Dividend: RCI.B's dividends per share have been stable in the past 10 years.

Growing Dividend: RCI.B's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonable payout ratio (63%), RCI.B's dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: RCI.B's dividends in 3 years are forecast to be well covered by earnings (45.5% payout ratio).


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

2.8yrs

Average management tenure


CEO

Tony Staffieri

0.083

Tenure

CA$4,192,663

Compensation

Mr. Anthony Staffieri, also known as Tony, FCPA, FCA, has been Interim President and CEO of Rogers Communications Inc. since November 16, 2021 and served as its Chief Financial Officer since April 25, 2012...


CEO Compensation Analysis

Compensation vs Market: Tony's total compensation ($USD3.27M) is below average for companies of similar size in the Canadian market ($USD5.54M).

Compensation vs Earnings: Tony's compensation has been consistent with company performance over the past year.


Leadership Team

Experienced Management: RCI.B's management team is considered experienced (2.8 years average tenure).


Board Members

Experienced Board: RCI.B's board of directors are considered experienced (4.7 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: RCI.B insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

Rogers Communications Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Rogers Communications Inc.
  • Ticker: RCI.B
  • Exchange: TSX
  • Founded: 1960
  • Industry: Wireless Telecommunication Services
  • Sector: Telecom
  • Market Cap: CA$29.721b
  • Shares outstanding: 504.93m
  • Website: https://www.rogers.com

Number of Employees


Location

  • Rogers Communications Inc.
  • 333 Bloor Street East
  • 10th Floor
  • Toronto
  • Ontario
  • M4W 1G9
  • Canada

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/12/02 23:34
End of Day Share Price2021/12/02 00:00
Earnings2021/09/30
Annual Earnings2020/12/31


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.