Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, Australia, and Latin America.
Proven track record with moderate growth potential.
Share Price & News
How has Cogent Communications Holdings's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: CCOI's share price has been volatile over the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: CCOI exceeded the US Telecom industry which returned -3.1% over the past year.
Return vs Market: CCOI exceeded the US Market which returned 20.1% over the past year.
Price Volatility Vs. Market
How volatile is Cogent Communications Holdings's share price compared to the market and industry in the last 5 years?
Simply Wall St News
1 week ago | Simply Wall StDo Cogent Communications Holdings's (NASDAQ:CCOI) Earnings Warrant Your Attention?
3 weeks ago | Simply Wall StAre Dividend Investors Making A Mistake With Cogent Communications Holdings, Inc. (NASDAQ:CCOI)?
1 month ago | Simply Wall StWe Like These Underlying Trends At Cogent Communications Holdings (NASDAQ:CCOI)
Is Cogent Communications Holdings undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: CCOI ($68.91) is trading above our estimate of fair value ($68)
Significantly Below Fair Value: CCOI is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: CCOI is poor value based on its PE Ratio (80.9x) compared to the US Telecom industry average (12.7x).
PE vs Market: CCOI is poor value based on its PE Ratio (80.9x) compared to the US market (19.2x).
Price to Earnings Growth Ratio
PEG Ratio: CCOI is poor value based on its PEG Ratio (3.3x)
Price to Book Ratio
PB vs Industry: CCOI has negative assets, so we can't compare its PB Ratio to the US Telecom industry average.
How is Cogent Communications Holdings forecast to perform in the next 1 to 3 years based on estimates from 14 analysts?
Forecasted annual earnings growth
Earnings and Revenue Growth Forecasts
Analyst Future Growth Forecasts
Earnings vs Savings Rate: CCOI's forecast earnings growth (24.5% per year) is above the savings rate (2.2%).
Earnings vs Market: CCOI's earnings (24.5% per year) are forecast to grow faster than the US market (24.1% per year).
High Growth Earnings: earnings are expected to grow significantly over the next 3 years.
Revenue vs Market: CCOI's revenue (6% per year) is forecast to grow slower than the US market (9.5% per year).
High Growth Revenue: CCOI's revenue (6% 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 CCOI's Return on Equity is forecast to be high in 3 years time
How has Cogent Communications Holdings performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: CCOI has high quality earnings.
Growing Profit Margin: CCOI's current net profit margins (7.2%) are higher than last year (6.1%).
Past Earnings Growth Analysis
Earnings Trend: CCOI has become profitable over the past 5 years, growing earnings by 39.4% per year.
Accelerating Growth: CCOI's earnings growth over the past year (22.7%) is below its 5-year average (39.4% per year).
Earnings vs Industry: CCOI earnings growth over the past year (22.7%) exceeded the Telecom industry -13.5%.
Return on Equity
High ROE: CCOI's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
How is Cogent Communications Holdings's financial position?
Financial Position Analysis
Short Term Liabilities: CCOI has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: CCOI has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: CCOI has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: CCOI's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: CCOI's debt is not well covered by operating cash flow (17.9%).
Interest Coverage: CCOI's interest payments on its debt are not well covered by EBIT (1.9x coverage).
What is Cogent Communications Holdings's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Upcoming Dividend Payment
Dividend Yield vs Market
Notable Dividend: CCOI's dividend (4.09%) is higher than the bottom 25% of dividend payers in the US market (1.59%).
High Dividend: CCOI's dividend (4.09%) is low compared to the top 25% of dividend payers in the US market (4.29%).
Stability and Growth of Payments
Stable Dividend: CCOI has been paying a dividend for less than 10 years and during this time payments have been volatile.
Growing Dividend: CCOI's dividend payments have increased, but the company has only paid a dividend for 8 years.
Current Payout to Shareholders
Dividend Coverage: With its high payout ratio (305.3%), CCOI's dividend payments are not well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: CCOI's dividends in 3 years are not forecast to be well covered by earnings (234.8% payout ratio).
How experienced are the management team and are they aligned to shareholders interests?
Average management tenure
Dave Schaeffer (64 yo)
Mr. David Schaeffer, also known as Dave, Ph.D., founded Cogent Communications Holdings, Inc., in August 1999 and serves as its Chairman, Chief Executive Officer and President. Mr. Schaeffer is a Founder of ...
CEO Compensation Analysis
Compensation vs Market: Dave's total compensation ($USD9.52M) is above average for companies of similar size in the US market ($USD5.74M).
Compensation vs Earnings: Dave's compensation has increased by more than 20% in the past year.
|Founder||no data||US$9.52m||9.98% |
|CTO & VP of Optical Transport Engineering||no data||US$953.89k||0.094% |
|Chief Revenue Officer & VP of Global Sales||4.83yrs||US$1.01m||0.084% |
|Senior Vice President – Audit & Operations||0.42yr||US$1.66m||0.16% |
|Vice President of Field Engineering||no data||US$973.49k||0.073% |
|VP, CFO & Treasurer||0.25yr||no data||0.026% |
|Chief Legal Officer||no data||no data||0.057% |
|Director of Business Development||no data||no data||no data|
|Chief Financial Officer for European Operations||0.25yr||no data||0.020% |
|Secretary||no data||no data||no data|
Experienced Management: CCOI's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.
|Founder||no data||US$9.52m||9.98% |
|Independent Director||16.83yrs||US$375.07k||0.067% |
|Independent Director||0.75yr||US$101.91k||0.015% |
|Lead Independent Director||0.50yr||US$376.07k||0.11% |
|Independent Director||1.83yrs||US$376.07k||0.021% |
|Independent Director||0.75yr||US$101.91k||0.011% |
|Independent Director||13.75yrs||US$374.07k||0.039% |
Experienced Board: CCOI's board of directors are not considered experienced ( 1.3 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: CCOI insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Cogent Communications Holdings, Inc.'s company bio, employee growth, exchange listings and data sources
- Name: Cogent Communications Holdings, Inc.
- Ticker: CCOI
- Exchange: NasdaqGS
- Founded: 1999
- Industry: Alternative Carriers
- Sector: Telecom
- Market Cap: US$3.199b
- Shares outstanding: 45.77m
- Website: https://www.cogentco.com
Number of Employees
- Cogent Communications Holdings, Inc.
- 2450 North Street NW
- District Of Columbia
- United States
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|CCOI||NasdaqGS (Nasdaq Global Select)||Yes||Common Stock||US||USD||Feb 2002|
|OGM1||DB (Deutsche Boerse AG)||Yes||Common Stock||DE||EUR||Feb 2002|
|CCOI *||BMV (Bolsa Mexicana de Valores)||Yes||Common Stock||MX||MXN||Feb 2002|
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, Australia, an ...
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/08/13 23:31|
|End of Day Share Price||2020/08/13 00:00|
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.