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Cogeco Inc. (CGO.TO)

CAD63.91 +1.30 (+2.08%)
CA TSX Communication Services Telecommunications Services
Address 1 Place Ville Marie H3B 3N2
Montreal, QC, CA
CEO Frederic Perron
IPO 1995-01-12
ISIN CA19238T1003

Explore sections of this company profile

Also trades on Other OTC · CGECF (USD) Toronto Stock Exchange · CGO.TO (CAD)
Description

Headquartered in Montreal, Canada, Cogeco Inc. is an enterprise that operates in the communication and media sectors across both Canada and the United States, primarily through its subsidiary companies. Its operations are divided into two main categories: Communications and Other. The Communications division provides a comprehensive range of internet, television, and telephony services. These are delivered via its advanced two-way broadband fiber optic networks, primarily catering to residential clients as well as small and medium-sized businesses. In the Canadian provinces of Quebec and Ontario, these services are branded as Cogeco Connexion, while in the United States, they operate under the Atlantic Broadband name. Conversely, the Other segment involves the ownership and management of 23 diverse radio stations. These stations offer various formats and extensive coverage, reaching a broad spectrum of listeners predominantly throughout the province of Québec. This segment also includes Cogeco News, a specialized news agency. Overall, Cogeco Inc. serves a wide customer base for its essential internet, video, and telephony offerings. The company was founded in 1957.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
CAD63.91 +1.30 (+2.08%)
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Volume Profile
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Liquidity & share structure
Average Volume
21.1K
Beta
0.59
Float Shares
9.28M
Free Float %
97.7%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Price Targets & DCF
Current price
63.91
DCF (Unlevered) 1,255.88 +1,865.1%
DCF (Levered) 1,126.19 +1,662.1%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Ratings Trend (MoM) 0% Bullish
Rating 2026-04 Change
Strong Buy 0 0
Buy 0 -1
Hold 2 0
Sell 0 0
Strong Sell 0 0
Quality scores
Altman Z-Score
0.66
Distress
Piotroski F-Score
8 / 9
Strong
MOAT Score
6 / 10
Developing
Composite Rating
B-
Overall Score
3 / 5
Medium
DCF Score
1 / 5
Low
ROE Score
3 / 5
Medium
ROA Score
3 / 5
Medium
D/E Score
1 / 5
Low
P/E Score
3 / 5
Medium
P/Book Score
4 / 5
High
Operational MOAT
✗ Below peers
  • Revenue growth Telecommunications Services: +7.0%
    -2.1% Q1'26: -5.3% (vs Q1'25)
  • EPS growth Telecommunications Services: +15.8%
    +3.0% Q1'26: +4.8% (vs Q1'25)
  • FCF margin FCF growth · Telecommunications Services: +29.4%
    +14.8% Q1'26: +6.3% (vs Q1'25)
  • EBIT margin Telecommunications Services: +14.7%
    +23.3% Q1'26: +23.9% (vs Q1'25)
  • ROIC Telecommunications Services: +6.4%
    +6.7% Q1'26: +6.4% (vs Q1'25)
  • Share dilution Telecommunications Services: +0.0%
    -14.8% Q1'26: +0.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Telecommunications Services: 1.26×
    3.32× Q1'26: 3.50× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.60) × ERP
WACC = 11% × Ke + 89% × Kd (5.9%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 1,250.58 Current price: 63.91
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Aug 2018
actual
Aug 2019
actual
Aug 2020
actual
Aug 2021
actual
Aug 2022
actual
Aug 2023
actual
Aug 2024
actual
Aug 2025
actual
Aug 2026
1 Rev. Ana.
1 EPS Ana.
Aug 2027
1 Rev. Ana.
1 EPS Ana.
Revenue
2.54B
est: 2.54B (+0.1%)
2.44B
est: 2.45B (-0.2%)
2.48B
est: 2.48B (-0.1%)
2.60B
est: 2.61B (-0.1%)
3.00B
est: 3.00B (-0.1%)
3.08B
est: 3.08B (+0.2%)
3.07B
est: 3.07B (0.0%)
3.01B
est: 3.02B (-0.5%)
2.91B
2.91B – 2.91B
-3.7% YoY
2.84B
2.84B – 2.84B
-2.5% YoY
EBITDA
1.04B
est: 594.60M (+74.6%)
1.13B
est: 457.07M (+147.7%)
1.18B
est: 1.13B (+4.9%)
1.22B
est: 1.18B (+3.0%)
1.37B
est: 379.38M (+261.4%)
1.32B
est: 1.40B (-5.9%)
1.37B
est: 1.40B (-1.7%)
1.42B
est: 1.37B (+3.3%)
1.32B
1.32B – 1.32B
-3.7% YoY
1.29B
1.29B – 1.29B
-2.5% YoY
EBIT
569.45M
est: 588.83M (-3.3%)
635.78M
est: 564.94M (+12.5%)
678.83M
est: 597.09M (+13.7%)
704.15M
est: 626.74M (+12.4%)
742.88M
est: 448.14M (+65.8%)
687.66M
est: 739.88M (-7.1%)
691.03M
est: 739.33M (-6.5%)
699.67M
est: 727.25M (-3.8%)
700.44M
700.44M – 700.44M
-3.7% YoY
682.61M
682.61M – 682.61M
-2.5% YoY
Net Income
125.27M
est: 115.86M (+8.1%)
368.17M
est: 123.69M (+197.6%)
401.83M
est: 81.40M (+393.7%)
439.02M
est: 88.73M (+394.8%)
457.76M
est: 101.01M (+353.2%)
70.63M
est: 45.64M (+54.7%)
96.75M
est: 85.49M (+13.2%)
84.97M
est: 89.11M (-4.7%)
101.77M
101.77M – 101.77M
+14.2% YoY
90.73M
90.73M – 90.73M
-10.9% YoY
SGA
617.21M
est: 1.39B (-55.8%)
548.15M
est: 1.20B (-54.3%)
549.24M
est: 494.37M (+11.1%)
594.33M
est: 518.92M (+14.5%)
674.32M
est: 925.75M (-27.2%)
570.66M
est: 612.59M (-6.8%)
563.13M
est: 612.13M (-8.0%)
522.99M
est: 602.14M (-13.1%)
579.93M
579.93M – 579.93M
-3.7% YoY
565.18M
565.18M – 565.18M
-2.5% YoY
EPS
7.65
est: 8.24 (-7.1%)
22.80
est: 7.23 (+215.4%)
25.25
est: 8.44 (+199.2%)
27.62
est: 9.20 (+200.2%)
28.94
est: 9.16 (+216.1%)
4.53
est: 4.73 (-4.3%)
8.63
est: 8.86 (-2.6%)
8.94
est: 9.24 (-3.2%)
10.55
10.55 – 10.55
+14.2% YoY
9.41
9.41 – 9.41
-10.9% YoY

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
314.25M
OE per share TTM
32.70
Owner's Yield
53.39%
Maintenance CapEx ratio
864.74%
Maint CapEx / Avg PPE
99.2%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders
# Investor Shares / Δ Mkt value / Δ Own% / Δ Weight% / Δ Avg px / Perf. Hold / Status
1 EVERETT HARRIS & CO /CA/ 118.5K +4.5K (+3.9%) 5.50M +568.4K (+11.5%) 1.25% +0.046 pp 0.07% +0.006 pp CAD63.48 +0.8% 4 qtrs
Ownership breakdown by holder

ETF Ownership

Top ETFs holding this stock Held by 12 ETFs in our universe
# ETF Weight Est. AUM exposure TER
1 iShares S&P/TSX Canadian Dividend Aristocrats Index ETF CDZ.TO 1.73% 15.34M 0.66%
2 iShares S&P/TSX SmallCap Index ETF XCS.TO 0.16% 278.7K 0.60%
3 iShares International Small-Cap Equity Factor ETF ISCF 0.08% 512.5K 0.24%
4 State Street SPDR S&P International Small Cap ETF GWX 0.04% 355.3K 0.40%
5 Dimensional - International Small Cap Value ETF DISV 0.02% 849.0K 0.42%
6 TD Canadian Equity Index ETF TTP.TO 0.01% 445.1K 0.05%
7 Avantis International Small Cap Equity ETF AVDS 0.00% 14.5K 0.30%
8 Dimensional - International Small Cap ETF DFIS 0.00% 178.9K 0.39%
9 Dimensional - International Core Equity 2 ETF DFIC 0.00% 225.3K 0.22%
10 Dimensional World ex U.S. Core Equity 2 ETF DFAX 0.00% 119.6K 0.28%

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
159.0K
Shares Outstanding
9.50M

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Frederic Perron President, Chief Executive Officer & Director 2M male
Patrice Ouimet Chief Financial Officer 1M male
Linda Gillespie Chief Human Resources Officer 659.6K female
Tim Dinesen Chief Technology & Information Officer 601.0K male
Sean Brushett Chief Operations Officer male
Bart Nickerson Chief Commercial Officer male
Troy Crandall Head of Investor Relations male
Francois-Philippe Lessard Vice President of Corporate Development male
Nancy Audette Chief Growth Officer female
Paul Cowling Chief Legal Officer, Corporate Affairs Officer & Secretary male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits