NYSE:CABO

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Executive Summary

Cable One, Inc. provides data, video, and voice services in the United States.


Snowflake Analysis

Solid 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 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-0.2%

CABO

2.0%

US Media

2.3%

US Market


1 Year Return

43.7%

CABO

-9.5%

US Media

6.7%

US Market

Return vs Industry: CABO exceeded the US Media industry which returned -9.5% over the past year.

Return vs Market: CABO exceeded the US Market which returned 6.7% over the past year.


Shareholder returns

CABOIndustryMarket
7 Day-0.2%2.0%2.3%
30 Day2.6%1.7%7.4%
90 Day7.0%10.5%17.9%
1 Year44.6%43.7%-8.0%-9.5%9.0%6.7%
3 Year145.7%139.7%2.2%-2.1%36.6%27.7%
5 Year362.9%342.7%25.5%16.4%64.2%46.1%

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?

48.11x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: CABO ($1770.18) is trading above our estimate of fair value ($1427.45)

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 (48.1x) compared to the US Media industry average (10.7x).

PE vs Market: CABO is poor value based on its PE Ratio (48.1x) compared to the US market (16.2x).


Price to Earnings Growth Ratio

PEG Ratio: CABO is poor value based on its PEG Ratio (3.7x)


Price to Book Ratio

PB vs Industry: CABO is overvalued based on its PB Ratio (12.5x) compared to the US Media industry average (1.4x).


Next Steps

Future Growth

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

12.9%

Forecasted annual earnings growth


Earnings and Revenue Growth Forecasts


Analyst Future Growth Forecasts

Earnings vs Savings Rate: CABO's forecast earnings growth (12.9% per year) is above the savings rate (2.2%).

Earnings vs Market: CABO's earnings (12.9% per year) are forecast to grow slower than the US market (22.9% per year).

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

Revenue vs Market: CABO's revenue (5% per year) is forecast to grow slower than the US market (9.4% per year).

High Growth Revenue: CABO's revenue (5% 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 CABO's Return on Equity is forecast to be high in 3 years time


Next Steps

Past Performance

How has Cable One performed over the past 5 years?

14.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: CABO has high quality earnings.

Growing Profit Margin: CABO's current net profit margins (17.3%) are higher than last year (15%).


Past Earnings Growth Analysis

Earnings Trend: CABO's earnings have grown by 14.6% per year over the past 5 years.

Accelerating Growth: CABO's earnings growth over the past year (28.5%) exceeds its 5-year average (14.6% per year).

Earnings vs Industry: CABO earnings growth over the past year (28.5%) exceeded the Media industry 6.6%.


Return on Equity

High ROE: Whilst CABO's Return on Equity (25.79%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Cable One's financial position?


Financial Position Analysis

Short Term Liabilities: CABO's short term assets ($317.8M) exceed its short term liabilities ($184.9M).

Long Term Liabilities: CABO's short term assets ($317.8M) do not cover its long term liabilities ($2.3B).


Debt to Equity History and Analysis

Debt Level: CABO's debt to equity ratio (251%) is considered high.

Reducing Debt: CABO's debt to equity ratio has increased from 1.4% to 251% over the past 5 years.

Debt Coverage: CABO's debt is well covered by operating cash flow (24.9%).

Interest Coverage: CABO's interest payments on its debt are well covered by EBIT (4.8x coverage).


Balance Sheet


Next Steps

Dividend

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

0.51%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: CABO's dividend (0.51%) isn’t notable compared to the bottom 25% of dividend payers in the US market (1.68%).

High Dividend: CABO's dividend (0.51%) is low compared to the top 25% of dividend payers in the US market (4.6%).


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?

2.7yrs

Average management tenure


CEO

Julie Laulis (57yo)

3.5yrs

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 Director at AES Corporation since Ap ...


CEO Compensation Analysis

Compensation vs Market: Julie's total compensation ($USD2.70M) is below average for companies of similar size in the US market ($USD11.50M).

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


Leadership Team

NamePositionTenureCompensationOwnership
Julia Laulis
Chairwoman3.5yrsUS$2.70m0.14% $14.9m
Steven Cochran
Senior VP & CFO1.92yrsUS$1.27m0.051% $5.4m
Michael Bowker
Chief Operating Officer3.17yrsUS$1.41m0.039% $4.2m
Peter Witty
Senior VP2.25yrsUS$1.16m0.040% $4.2m
Eric Lardy
Senior Vice President3.5yrsUS$1.02m0.035% $3.7m
Kenneth Johnson
Senior Vice President of Technology Services2.17yrsno data0.020% $2.1m
Trish Niemann
Senior Director of Corporate Communicationsno datano datano data
James Obermeyer
Senior Vice President of Marketing & Sales0.42yrno data0.0085% $897.6k
Tina Evangelista
Vice President of Human Resourcesno datano datano data
Stephen Fox
Senior Vice President of Network Architecture12.5yrsUS$726.37kno data

2.7yrs

Average Tenure

53yo

Average Age

Experienced Management: CABO's management team is considered experienced (2.7 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Julia Laulis
Chairwoman3.5yrsUS$2.70m0.14% $14.9m
Alan Spoon
Independent Director5yrsUS$197.88k0.023% $2.4m
Thomas Gayner
Lead Independent Director5yrsUS$229.02k0.097% $10.2m
Thomas Might
Director25.5yrsUS$198.65k0.20% $20.8m
Katharine Weymouth
Independent Director5yrsUS$198.65k0.0068% $716.6k
Brad Brian
Independent Director5yrsUS$197.88k0.025% $2.6m
Wallace Weitz
Independent Director5yrsUS$208.51kno data
Deborah Kissire
Independent Director5yrsUS$213.54k0.0050% $531.4k
Mary Meduski
Independent Director1yrUS$173.60k0.0025% $260.4k
Kristine Miller
Independent Director0.83yrUS$105.05k0.0011% $118.5k

5.0yrs

Average Tenure

61.5yo

Average Age

Experienced Board: CABO's board of directors are considered experienced (5 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 4.9%.


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$10.585b
  • Shares outstanding: 5.98m
  • Website: https://www.cableone.biz

Number of Employees


Location

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

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
CABONYSE (New York Stock Exchange)YesCommon StockUSUSDJun 2015
XC1DB (Deutsche Boerse AG)YesCommon StockDEEURJun 2015

Biography

Cable One, Inc. 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, which comprise weather, shopping, and religious channels, as well as digital video services, including national and regional cable networks, music channels, and an interactive electronic programming guide with parental controls. In addition, the company offers premium channels; and advanced video services, such as whole-home DVRs and high-definition set-top boxes, as well as TV Everywhere product, which enables its video customers to stream various channels and shows to mobile devices and computers. Further, it provides residential voice and international calling by the minute services. Additionally, the company offers data, voice, and video products to business customers, including small to mid-markets, enterprises, and wholesale and carrier customers. As of February 27, 2020, it served approximately 900,000 residential and business customers in 21 states through its Sparklight and Clearwave brands. Cable One, Inc. was incorporated in 1980 and is headquartered in Phoenix, Arizona. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/07/12 23:54
End of Day Share Price2020/07/10 00:00
Earnings2020/03/31
Annual Earnings2019/12/31


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.