Cogent Communications Holdings, Inc.

NasdaqGS:CCOI Stock Report

Market Cap: US$3.8b

Cogent Communications Holdings Valuation

Is CCOI undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

2/6

Valuation Score 2/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of CCOI when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: CCOI ($81.4) is trading below our estimate of fair value ($1331.47)

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

Key Valuation Metric

Which metric is best to use when looking at relative valuation for CCOI?

Key metric: As CCOI is profitable we use its Price-To-Earnings Ratio for relative valuation analysis.

The above table shows the Price to Earnings ratio for CCOI. This is calculated by dividing CCOI's market cap by their current earnings.
What is CCOI's PE Ratio?
PE Ratio98x
EarningsUS$39.40m
Market CapUS$3.79b

Price to Earnings Ratio vs Peers

How does CCOI's PE Ratio compare to its peers?

The above table shows the PE ratio for CCOI vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PEEstimated GrowthMarket Cap
Peer Average32.7x
IRDM Iridium Communications
27.8x7.9%US$3.1b
SIFY Sify Technologies
55.3x144.2%US$87.7m
TIGO Millicom International Cellular
28.3x28.4%US$4.4b
IDT IDT
19.4xn/aUS$1.3b
CCOI Cogent Communications Holdings
98x-18.4%US$3.8b

Price-To-Earnings vs Peers: CCOI is expensive based on its Price-To-Earnings Ratio (98x) compared to the peer average (32.7x).

Price to Earnings Ratio vs Industry

How does CCOI's PE Ratio compare vs other companies in the Global Telecom Industry?

3 CompaniesPrice / EarningsEstimated GrowthMarket Cap
CCOI 98.0xIndustry Avg. 15.9xNo. of Companies29PE01224364860+
3 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Earnings vs Industry: CCOI is expensive based on its Price-To-Earnings Ratio (98x) compared to the Global Telecom industry average (15.9x).

Price to Earnings Ratio vs Fair Ratio

What is CCOI's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

CCOI PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio98x
Fair PE Ratio19.6x

Price-To-Earnings vs Fair Ratio: CCOI is expensive based on its Price-To-Earnings Ratio (98x) compared to the estimated Fair Price-To-Earnings Ratio (19.6x).

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst CCOI forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$81.40
US$80.55
-1.0%
17.3%US$102.00US$55.00n/a11
Nov ’25US$81.62
US$76.00
-6.9%
13.5%US$90.00US$55.00n/a10
Oct ’25US$74.97
US$75.10
+0.2%
14.7%US$90.00US$55.00n/a10
Sep ’25US$69.98
US$75.10
+7.3%
14.7%US$90.00US$55.00n/a10
Aug ’25US$69.23
US$71.80
+3.7%
13.9%US$90.00US$55.00n/a10
Jul ’25US$55.24
US$71.56
+29.5%
14.6%US$90.00US$55.00n/a9
Jun ’25US$59.22
US$74.89
+26.5%
12.3%US$90.00US$55.00n/a9
May ’25US$64.90
US$78.32
+20.7%
10.0%US$90.00US$62.00n/a10
Apr ’25US$64.17
US$78.32
+22.1%
10.0%US$90.00US$62.00n/a10
Mar ’25US$78.55
US$79.42
+1.1%
10.0%US$90.00US$62.00n/a10
Feb ’25US$75.73
US$77.52
+2.4%
9.1%US$85.00US$62.00n/a10
Jan ’25US$76.06
US$76.67
+0.8%
9.0%US$85.00US$62.00n/a9
Dec ’24US$65.45
US$75.70
+15.7%
9.5%US$85.00US$62.00n/a10
Nov ’24US$64.96
US$75.00
+15.5%
11.1%US$85.00US$60.00US$81.6210
Oct ’24US$61.90
US$75.40
+21.8%
10.2%US$85.00US$62.00US$74.9710
Sep ’24US$71.31
US$74.00
+3.8%
11.6%US$85.00US$60.00US$69.9811
Aug ’24US$60.44
US$67.45
+11.6%
15.4%US$85.00US$43.00US$69.2311
Jul ’24US$67.29
US$67.45
+0.2%
15.4%US$85.00US$43.00US$55.2411
Jun ’24US$61.32
US$67.45
+10.0%
15.4%US$85.00US$43.00US$59.2211
May ’24US$69.17
US$64.67
-6.5%
18.3%US$85.00US$43.00US$64.9012
Apr ’24US$63.72
US$64.67
+1.5%
18.3%US$85.00US$43.00US$64.1712
Mar ’24US$64.84
US$64.00
-1.3%
18.4%US$85.00US$43.00US$78.5512
Feb ’24US$70.40
US$63.58
-9.7%
19.5%US$85.00US$43.00US$75.7312
Jan ’24US$57.08
US$63.00
+10.4%
19.3%US$85.00US$43.00US$76.0612
Dec ’23US$57.64
US$63.00
+9.3%
19.3%US$85.00US$43.00US$65.4512
Nov ’23US$53.56
US$64.25
+20.0%
18.0%US$85.00US$45.00US$64.9612

Analyst Forecast: Target price is lower than the current share price.

Discover undervalued companies

KT

₩10.6t

Provides integrated telecommunications and platform services in Korea and internationally.

KT

₩16.00

7D

4.4%

1Y

25.1%

TIM

R$39.6b

A telecommunications company, provides mobile voice, data, and broadband services in Brazil.

TIMB

R$14.09

7D

-0.2%

1Y

-17.7%

Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia

Rp265.5t

Provides information and communications technology, and telecommunications network services worldwide.

TLK

Rp16.53

7D

2.1%

1Y

-28.7%