NOT FOR DISTRIBUTION
Header cover image

Market Cap

US$10.9b

Last Updated

2021/04/19 23:09 UTC

Data Sources

Company Financials +

Executive Summary

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


Snowflake Analysis

Proven track record with mediocre balance sheet.


Similar Companies

Share Price & News

How has Cable One's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: CABO is less volatile than 75% of US stocks over the past 3 months, typically moving +/- 5% a week.

Volatility Over Time: CABO's weekly volatility (5%) has been stable over the past year.


Market Performance


7 Day Return

1.9%

CABO

2.0%

US Media

1.3%

US Market


1 Year Return

1.7%

CABO

48.5%

US Media

53.8%

US Market

Return vs Industry: CABO underperformed the US Media industry which returned 48.5% over the past year.

Return vs Market: CABO underperformed the US Market which returned 53.9% over the past year.


Shareholder returns

CABOIndustryMarket
7 Day1.9%2.0%1.3%
30 Day3.2%-9.1%5.1%
90 Day-9.3%9.9%8.9%
1 Year2.2%1.7%50.3%48.5%56.6%53.8%
3 Year167.4%161.9%62.1%55.4%64.4%53.6%
5 Year312.0%295.2%79.9%67.1%120.4%95.7%

Long-Term Price Volatility Vs. Market

How volatile is Cable One's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

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

35.06x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CABO ($1810.99) is trading above our estimate of fair value ($1628.26)

Significantly Below Fair Value: CABO is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: CABO is poor value based on its PE Ratio (35x) compared to the US Media industry average (23.9x).

PE vs Market: CABO is poor value based on its PE Ratio (35x) compared to the US market (22.5x).


Price to Earnings Growth Ratio

PEG Ratio: CABO is poor value based on its PEG Ratio (27.3x)


Price to Book Ratio

PB vs Industry: CABO is overvalued based on its PB Ratio (7.3x) compared to the US Media industry average (2.2x).


Future Growth

How is Cable One forecast to perform in the next 1 to 3 years based on estimates from 7 analysts?

1.3%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CABO's forecast earnings growth (1.3% per year) is below the savings rate (2%).

Earnings vs Market: CABO's earnings (1.3% per year) are forecast to grow slower than the US market (18% per year).

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

Revenue vs Market: CABO's revenue (7.2% per year) is forecast to grow slower than the US market (9.3% per year).

High Growth Revenue: CABO's revenue (7.2% 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 (19.8%).


Past Performance

How has Cable One performed over the past 5 years?

19.1%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CABO has a large one-off gain of $79.8M impacting its December 31 2020 financial results.

Growing Profit Margin: CABO's current net profit margins (23%) are higher than last year (15.3%).


Past Earnings Growth Analysis

Earnings Trend: CABO's earnings have grown by 19.1% per year over the past 5 years.

Accelerating Growth: CABO's earnings growth over the past year (70.1%) exceeds its 5-year average (19.1% per year).

Earnings vs Industry: CABO earnings growth over the past year (70.1%) exceeded the Media industry -13.9%.


Return on Equity

High ROE: Whilst CABO's Return on Equity (20.36%) is high, this metric is skewed due to their high level of debt.


Financial Health

How is Cable One's financial position?


Financial Position Analysis

Short Term Liabilities: CABO's short term assets ($672.8M) exceed its short term liabilities ($221.6M).

Long Term Liabilities: CABO's short term assets ($672.8M) do not cover its long term liabilities ($2.8B).


Debt to Equity History and Analysis

Debt Level: CABO's debt to equity ratio (158.1%) is considered high.

Reducing Debt: CABO's debt to equity ratio has increased from 125.9% to 158.1% over the past 5 years.

Debt Coverage: CABO's debt is well covered by operating cash flow (24.3%).

Interest Coverage: CABO's interest payments on its debt are well covered by EBIT (4.9x coverage).


Balance Sheet


Dividend

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

0.55%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CABO's dividend (0.55%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.24%).

High Dividend: CABO's dividend (0.55%) is low compared to the top 25% of dividend payers in the US market (3.46%).


Stability and Growth of Payments

Stable Dividend: CABO is not paying a notable dividend for the US market, therefore no need to check if payments are stable.

Growing Dividend: CABO is not paying a notable dividend for the US market, therefore no need to check if payments are increasing.


Current Payout to Shareholders

Dividend Coverage: CABO is not paying a notable dividend for the US market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of CABO's dividend in 3 years as they are not forecast to pay a notable one for the US market.


Next Steps

Management

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

3.0yrs

Average management tenure


CEO

Julie Laulis (57 yo)

4.25yrs

Tenure

US$2,704,303

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. She serves as an Independent Director at AES Corpo...


CEO Compensation Analysis

Compensation vs Market: Julie's total compensation ($USD2.70M) is below average for companies of similar size in the US market ($USD11.15M).

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


Leadership Team

Experienced Management: CABO's management team is considered experienced (3 years average tenure).


Board Members

Experienced Board: CABO's board of directors are considered experienced (5.8 years average tenure).


Ownership

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

Ownership Breakdown

Dilution of Shares: Shareholders have been diluted in the past year, with total shares outstanding growing by 5.4%.


Top Shareholders

Company Information

Cable One, Inc.'s company bio, 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
  • Market Cap: US$10.929b
  • Shares outstanding: 6.03m
  • Website: https://www.cableone.biz

Number of Employees


Location

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

Listings


Biography

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 th...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2021/04/19 23:09
End of Day Share Price2021/04/19 00:00
Earnings2020/12/31
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.