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CABO

Cable OneNYSE:CABO Stock Report

Last Price

US$1.53k

Market Cap

US$9.2b

7D

-2.1%

1Y

-25.3%

Updated

21 Jan, 2022

Data

Company Financials +
CABO fundamental analysis
Snowflake Score
Valuation2/6
Future Growth1/6
Past Performance3/6
Financial Health2/6
Dividends2/6

CABO Stock Overview

Cable One, Inc., together with its subsidiaries, provides data, video, and voice services in the United States.

Cable One Competitors

Comcast

NasdaqGS:CMCS.A

US$227.2b

Charter Communications

NasdaqGS:CHTR

US$116.2b

Altice USA

NYSE:ATUS

US$6.4b

WideOpenWest

NYSE:WOW

US$1.6b

Price History & Performance

Summary of all time highs, changes and price drops for Cable One
Historical stock prices
Current Share PriceUS$1,527.47
52 Week HighUS$2,136.14
52 Week LowUS$1,524.57
Beta0.53
1 Month Change-11.80%
3 Month Change-14.66%
1 Year Change-25.31%
3 Year Change76.64%
5 Year Change138.79%
Change since IPO305.26%

Recent News & Updates

Jan 09
We Think Cable One (NYSE:CABO) Can Stay On Top Of Its Debt

We Think Cable One (NYSE:CABO) Can Stay On Top Of Its Debt

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...

Dec 10
Here's Why I Think Cable One (NYSE:CABO) Is An Interesting Stock

Here's Why I Think Cable One (NYSE:CABO) Is An Interesting Stock

Some have more dollars than sense, they say, so even companies that have no revenue, no profit, and a record of falling...

Oct 12
Estimating The Intrinsic Value Of Cable One, Inc. (NYSE:CABO)

Estimating The Intrinsic Value Of Cable One, Inc. (NYSE:CABO)

Does the October share price for Cable One, Inc. ( NYSE:CABO ) reflect what it's really worth? Today, we will estimate...

Shareholder Returns

CABOUS MediaUS Market
7D-2.1%-6.2%-6.1%
1Y-25.3%-3.3%4.2%

Return vs Industry: CABO underperformed the US Media industry which returned -2.5% over the past year.

Return vs Market: CABO underperformed the US Market which returned 6.6% over the past year.

Price Volatility

Is CABO's price volatile compared to industry and market?
CABO volatility
CABO Average Weekly Movement3.9%
Media Industry Average Movement8.5%
Market Average Movement6.7%
10% most volatile stocks in US Market15.6%
10% least volatile stocks in US Market2.4%

Stable Share Price: CABO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 4% a week.

Volatility Over Time: CABO's weekly volatility (4%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
19802,716Julie Laulishttps://www.cableone.biz

Cable One, Inc., together with its subsidiaries, provides data, video, and voice services in the United States. The company offers residential data services, a service to enhance Wi-Fi signal throughout the home. It also provides residential video services, such as local networks; local community programming that includes governmental and public access; and other channels, as well as digital video services, including national and regional cable networks, music channels, and an interactive and electronic programming guide with parental controls.

Cable One Fundamentals Summary

How do Cable One's earnings and revenue compare to its market cap?
CABO fundamental statistics
Market CapUS$9.23b
Earnings (TTM)US$333.23m
Revenue (TTM)US$1.51b

27.7x

P/E Ratio

6.1x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report
CABO income statement (TTM)
RevenueUS$1.51b
Cost of RevenueUS$434.92m
Gross ProfitUS$1.08b
ExpensesUS$741.87m
EarningsUS$333.23m

Last Reported Earnings

Sep 30, 2021

Next Earnings Date

n/a

Earnings per share (EPS)55.12
Gross Margin71.20%
Net Profit Margin22.07%
Debt/Equity Ratio229.4%

How did CABO perform over the long term?

See historical performance and comparison

Dividends

0.7%

Current Dividend Yield

18%

Payout Ratio

Valuation

Is Cable One undervalued compared to its fair value and its price relative to the market?

29.4%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: CABO ($1527.47) is trading below our estimate of fair value ($2165.01)

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


Price To Earnings Ratio

PE vs Industry: CABO is poor value based on its PE Ratio (27.7x) compared to the US Media industry average (12.8x).

PE vs Market: CABO is poor value based on its PE Ratio (27.7x) compared to the US market (16.7x).


Price to Earnings Growth Ratio

PEG Ratio: CABO is poor value based on its PEG Ratio (2.2x)


Price to Book Ratio

PB vs Industry: CABO is overvalued based on its PB Ratio (5.3x) compared to the US Media industry average (1.9x).


Future Growth

How is Cable One forecast to perform in the next 1 to 3 years based on estimates from 6 analysts?

12.5%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CABO's forecast earnings growth (12.5% per year) is above the savings rate (2%).

Earnings vs Market: CABO's earnings (12.5% per year) are forecast to grow slower than the US market (13.1% per year).

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

Revenue vs Market: CABO's revenue (7.1% per year) is forecast to grow slower than the US market (9.2% per year).

High Growth Revenue: CABO's revenue (7.1% per year) is forecast to grow slower than 20% per year.


Earnings per Share Growth Forecasts


Future Return on Equity

Future ROE: CABO's Return on Equity is forecast to be low in 3 years time (17.5%).


Past Performance

How has Cable One performed over the past 5 years?

19.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CABO has a large one-off gain of $99.6M impacting its September 30 2021 financial results.

Growing Profit Margin: CABO's current net profit margins (22.1%) are higher than last year (19.3%).


Past Earnings Growth Analysis

Earnings Trend: CABO's earnings have grown by 19.4% per year over the past 5 years.

Accelerating Growth: CABO's earnings growth over the past year (32.4%) exceeds its 5-year average (19.4% per year).

Earnings vs Industry: CABO earnings growth over the past year (32.4%) underperformed the Media industry 74.7%.


Return on Equity

High ROE: CABO's Return on Equity (19.2%) is considered low.


Financial Health

How is Cable One's financial position?


Financial Position Analysis

Short Term Liabilities: CABO's short term assets ($598.8M) exceed its short term liabilities ($297.6M).

Long Term Liabilities: CABO's short term assets ($598.8M) do not cover its long term liabilities ($4.9B).


Debt to Equity History and Analysis

Debt Level: CABO's net debt to equity ratio (201.1%) is considered high.

Reducing Debt: CABO's debt to equity ratio has increased from 122.9% to 229.4% over the past 5 years.

Debt Coverage: CABO's debt is not well covered by operating cash flow (17.8%).

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


Balance Sheet


Dividend

What is Cable One current dividend yield, its reliability and sustainability?

0.72%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CABO's dividend (0.72%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.36%).

High Dividend: CABO's dividend (0.72%) is low compared to the top 25% of dividend payers in the US market (3.55%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, CABO has been paying a dividend for less than 10 years.

Growing Dividend: CABO's dividend payments have increased, but the company has only paid a dividend for 6 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (18.5%), CABO's dividend payments are well covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: CABO's dividends in 3 years are forecast to be well covered by earnings (19.7% payout ratio).


Next Steps

Management

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

3.8yrs

Average management tenure


CEO

Julie Laulis (58 yo)

7yrs

Tenure

US$3,735,246

Compensation

Ms. Julia M. Laulis has been Chief Executive Officer and Director of Cable One, Inc. since January 01, 2017 and has been its President since January 2015. Ms. Laulis serves as an Independent Director at Th...


CEO Compensation Analysis

Compensation vs Market: Julie's total compensation ($USD3.74M) is below average for companies of similar size in the US market ($USD6.45M).

Compensation vs Earnings: Julie's compensation has increased by more than 20% in the past year.


Leadership Team

Experienced Management: CABO's management team is considered experienced (3.8 years average tenure).


Board Members

Experienced Board: CABO's board of directors are considered experienced (6.5 years average tenure).


Ownership

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


Insider Trading Volume

Insider Buying: CABO insiders have only sold shares 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

Cable One, Inc.'s employee growth, exchange listings and data sources


Key Information

  • Name: Cable One, Inc.
  • Ticker: CABO
  • Exchange: NYSE
  • Founded: 1980
  • Industry: Cable and Satellite
  • Sector: Media
  • Implied Market Cap: US$9.234b
  • Shares outstanding: 6.05m
  • Website: https://www.cableone.biz

Number of Employees


Location

  • Cable One, Inc.
  • 210 East Earll Drive
  • Phoenix
  • Arizona
  • 85012
  • United States

Listings


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/01/21 23:40
End of Day Share Price2022/01/21 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.