Cable One
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
Rewards
Risk Analysis
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
| CABO | Industry | Market | |
|---|---|---|---|
| 7 Day | 1.9% | 2.0% | 1.3% |
| 30 Day | 3.2% | -9.1% | 5.1% |
| 90 Day | -9.3% | 9.9% | 8.9% |
| 1 Year | 2.2%1.7% | 50.3%48.5% | 56.6%53.8% |
| 3 Year | 167.4%161.9% | 62.1%55.4% | 64.4%53.6% |
| 5 Year | 312.0%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
6 days ago | Simply Wall St
Estimating The Fair Value Of Cable One, Inc. (NYSE:CABO)3 weeks ago | Simply Wall St
Is Cable One (NYSE:CABO) Using Too Much Debt?1 month ago | Simply Wall St
Should You Be Adding Cable One (NYSE:CABO) To Your Watchlist Today?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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2021/04/19 23:09 |
| End of Day Share Price | 2021/04/19 00:00 |
| Earnings | 2020/12/31 |
| Annual Earnings | 2020/12/31 |
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.