Cogeco Communications Inc (CCA) fair value: what the stock is really worth
As of Nov 6, 2026: fair value (intrinsic value) of Cogeco Communications Inc stock C$130, price C$55.20, upside +134.9%, quality 44 out of 100. Rating: strongly undervalued. Calculated from audited financials with 12 of our 26 valuation models and 37 quality factors, updated daily.
69 individual criteria per stock, every one traceableSee the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year. As of Nov 8, 2026.
How to read this chart
60‑month range C$44.02 – C$93.93 · fair‑value band C$59.75 – C$187.49 · the C$55.20 price screens below the C$129.67 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). As of Nov 8, 2026.
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Cogeco Communications Inc. operates as a telecommunications corporation in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications.
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It offers Internet, video, wireless, and wireline phone services to residential and small business customers through its two-way broadband cable networks.
The company also provides Internet packages comprising best-in-class managed Wi-Fi and with home Wi-Fi solutions; video services; and voice services and other advanced network connectivity services, such as dedicated fibre, session initiation protocol (SIP) or primary rate interface (PRI) trunking solutions, hosted private branch exchange (HPBX) solutions, and managed business Wi-Fi (MBW) through its long-distance fibre optic systems, advanced hybrid fibre-coaxial (HFC) telecommunications distribution networks, point-to-point fibre networks, and fibre-to-the-home (FTTH) network technologies.
In addition, it provides cable operator services under the Cogeco Connexion name in Québec and Ontario, Canada; and in the United States under the Breezeline brand. The company was formerly known as Cogeco Cable Inc. and changed its name to Cogeco Communications Inc. in January 2016.
Cogeco Communications Inc. was founded in 1957 and is headquartered in Montreal, Canada.
Stock analysis
Cogeco Communications Inc (CCA) currently trades at C$55.20, while our model-based Fair Value estimate is C$129.67, implying the stock looks roughly 57% undervalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of C$134.27 per share, and 11 of the 12 models we run sit above the C$55.20 price.
Bear case: the Earnings-Based group reads lowest at C$54.74, and 1 of the 12 models stay below the price. Data coverage for this calculation is medium.
Scenario range: C$59.75 (bear) to C$187.49 (bull), the price of C$55.20 sits below it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 44/100 (below-average quality), in the Communication Services sector.
Weak Growth: Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Cogeco Communications Inc reported revenue of C$2.8B in FY2026 versus C$2.9B in FY2022, a compound −0.9%/yr. Reported net income was −C$1.1B in FY2026.
Key figures
Market cap C$2.3B (≈ $1.6B) Small · P/E ex one-offs 6.5 · P/S ratio 0.80 · EPS (TTM) C$−26.28 · Dividend yield 7.2% · Net margin −39.6% · Return on equity −52.4% · Return on assets (EBIT) 7.4% (5-year average).
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 36 out of 100 (low confidence).
What moves the price
The share trades about 27% below its 52-week high and 13% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Communication Services peers we cover trades at 51% fair-value upside, at 135%, CCA screens cheaper than that median.
Fair Value models
BearC$59.75Fair Value C$129.67BullC$187.49
Price C$55.20 · Upside +134.9%
Model ⓘEach model values the company its own way (discounted cash flow, earnings, assets, dividends). The fair value above starts from their evidence-weighted blend, not from a single model. In cyclical trough or peak years, after dilution or a stock split it is adjusted afterwards, so it can sit above or below the models.Bear ⓘBear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull ⓘBull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. If a model's bull case is above four times its base value, the table shows that limit with a > sign (like the overall Bull above): beyond it no assumption holds.Coverage ⓘCoverage = how well-backed THIS model's estimate is for this stock (0–100): how complete and reliable its input data are, and how well the model fits the company. The final Fair Value is an evidence-weighted blend, so better-evidenced models count more. Green ≥70, amber 50–69, grey below 50.
Growth Quality ⓘGrowth is valuable only when reinvestment earns attractive returns (Aswath Damodaran): sustainable growth depends on return on capital, reinvestment and efficiency. Basis: total company revenue over the periods shown on the cards (3Y/5Y/all years), not per share, so a merger can show up as a growth jump; per-share earnings growth is in the value-creation card.27/100
Revenue growth is inconsistent: the periods point in different directions, so there is no trend to rely on.
Revenue growth 1 year
−4.0%
Revenue growth 3 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
−2.2%
Revenue growth 5 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+2.2%
Start year 2021 (pandemic). Over 10 years: +2.5% a year
Revenue growth 29 years ⓘMeasures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump. Per-share growth (which does include buybacks) is in the value-creation card.
+8.9%
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Profit margin (trend) ⓘOperating margin then vs now, from reported annual statements. A falling margin after a boom year is the classic peak-earnings signal: the growth rate then leans on an inflated base.
27.8% (2021) → 26.2% (2026)
What shareholders gained per year ⓘWe only publish this rate when it is defensible. Reason: fiscal 2026 is a loss year, no rate is defined from a loss
not computed
Growth Forecast
A lot of optimism in the price
The price assumes about as much growth as the company has delivered so far and more than analysts expect.
What the price assumes ⓘThis turns our valuation around: instead of asking what the share is worth, it asks what growth the current price requires. It uses the cash the company keeps after all spending (free cash flow), the same discount rate as our models, five years of growth, then slowing evenly to 2 % a year by year ten. Compared with the analysts' sales forecasts extended to the same five years (at least three analysts, for context only, it does not enter the Fair Value): within 3 percentage points counts as "in line" (amber), below that little optimism (green), above that a lot of optimism (red).
+4.5%
Yearly growth needed for the next five years to justify today's price.
What forecasts expect ⓘAnalysts publish sales forecasts for the next two fiscal years. For the years after that, growth slows evenly to 2 % a year by year ten (2 % is the long-run rate our models use). Projected years are marked as such.
−2.1%
Yearly sales growth analysts expect, extended to five years.
After inflation (Canada: IMF forecast 2.1% a year to 2030, 2.6% from 2016 to 2025) that is about +2.3% a year for the price and −4.2% for the forecasts.
News mood ⓘNews mood, the average tone of recent news (90 articles), rated against how stocks are usually covered. 🚀 Hype = unusually upbeat · 🙂 Positive = above average · 😐 Neutral = typical · 🙁 Negative = below average · 😨 Very negative = unusually downbeat. It reflects the tone of coverage, not our valuation.Neutral
Recent news coverage is roughly neutral, about typical for how stocks are covered.
Compare Cogeco Communications Inc with another stock
Price, fair value, quality and upside side by side.
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Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.Telecom Services · 234 stocks
Beats the industry median on 6/12 measures
A mixed picture versus its industry peers.
Valuation
Quality Score44 · Bottom 25%
Fair Value upside+134.9% · Top 25%
Profitability
Return on assets−14.7% · Bottom 25%
Net margin (12 months)−39.6% · Bottom 25%
Operating margin (12 months)27.5% · Top 25%
Growth and dividend
Revenue growth (quarter YoY)−4.7% · Bottom 25%
Dividend yield (12 months)7.2% · Top 25%
Balance sheet
Debt / equity2.23× · Highest 25%
Valuation Multiplesvs Telecom Services median · lower = cheaper
P/B1.22× · book value is mostly goodwill ⓘGoodwill and other intangible assets are larger than the equity. The book value mainly reflects prices paid for past acquisitions, so we do not rank this P/B against the peer group.
For bloggers, editors and developers: paste this into your site or blog (a “Custom HTML” block in WordPress), it shows the current fair value and links back here. Free, plain HTML, and welcome. Full data streams (CSV/JSON) at /developers.
Is Cogeco Communications Inc (CCA) overvalued or undervalued?
As of Nov 8, 2026, our model estimates a fair value of C$129.67 versus a price of C$55.20, about +135% upside (undervalued).
What is the fair value of CCA?
Our model-based fair value for Cogeco Communications Inc is C$129.67 (as of Nov 8, 2026), built from audited fundamentals. The current price: C$55.20.
What is the quality score of CCA?
Cogeco Communications Inc has a Quality Score of 44/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the price target for Cogeco Communications Inc (CCA)?
Our model-based price target is the fair value of C$129.67 (as of Nov 8, 2026) from 12 valuation models. Cautious scenario C$59.75, optimistic scenario C$187.49. It is a calculation from audited fundamentals, not an analyst target.
What is the Cogeco Communications Inc stock forecast for 2026?
Our models put fair value at C$129.67, about +135% upside versus a price of C$55.20 (undervalued). Cautious scenario C$59.75, optimistic scenario C$187.49. The calculation is refreshed regularly with new filings.
What is the revenue of Cogeco Communications Inc (CCA)?
Cogeco Communications Inc reported trailing-twelve-month revenue of about C$2.8B (latest available figure, as of Nov 8, 2026).
Does Cogeco Communications Inc pay a dividend?
Cogeco Communications Inc currently shows a dividend yield of 7.15% relative to its recent price (as of Nov 8, 2026).
How much is the dividend of Cogeco Communications Inc (CCA) and when is the ex-dividend date?
Cogeco Communications Inc pays a dividend of C$3.95 per share a year, a dividend yield of 7.2%. The last ex-dividend date was Jul 29, 2026. A dividend has been paid every year since 2004. Free cash flow covers the dividend 3.86 times. Our assessment: Cash covered. The dividend is fully funded by free cash flow. The payout ratio on earnings is not available for this company.
What growth is priced into Cogeco Communications Inc (CCA)?
For today's price to be fair in a discounted-cash-flow model, Cogeco Communications Inc would have to grow free cash flow by +4.5 % per year for five years (discount rate 10.2 %, then slowing evenly to 2 % perpetual growth by year ten). Over the last 5 years revenue grew +2.2 % per year. As of Nov 8, 2026.
What discount rate (WACC) does the fair value of CCA use?
Our models discount Cogeco Communications Inc at 10.2 %: a base by market capitalisation (small), damped by beta 0.72, country premium for Canada. The same rate applies in all 26 models.
What is a reverse DCF?
A reverse DCF turns the usual calculation around. Instead of deriving a value from assumptions, it takes today's price as given and asks: what free-cash-flow growth would a company have to deliver for exactly this price to be fair? The result is not a forecast but the expectation already priced in. For Cogeco Communications Inc that is +4.5 % per year for five years, then slowing evenly to 2 % by year ten, using the same discount rate (10.2 %) and the same formula as our fair value.
How much growth has Cogeco Communications Inc (CCA) delivered so far?
Over the past 5 years revenue at Cogeco Communications Inc grew +2.2 % a year. The price currently implies free-cash-flow growth of +4.5 % per year. Comparing the two shows how much confidence is in the price: if it demands more than has been delivered, the business has to accelerate for the maths to work.
How fast is the sector of Cogeco Communications Inc (CCA) growing?
The median revenue growth in the sector is +3.8 % a year. That is the yardstick for the growth priced into Cogeco Communications Inc (+4.5 % per year): it shows whether the expectation is within the usual range or beyond it.
What is the free cash flow yield of Cogeco Communications Inc (CCA)?
The free-cash-flow yield on the price is 19.73 %: that much free cash flow Cogeco Communications Inc produces per unit of market value. When it exceeds the discount rate of our models (10.2 %), the business already earns more than its cost of capital demands, and the price needs little additional growth.
What is the intrinsic value of Cogeco Communications Inc (CCA)?
Intrinsic value and fair value mean the same thing: what the business is worth on its numbers, independent of the share price. For Cogeco Communications Inc it is C$129.67 per share (as of Nov 8, 2026), against a price of C$55.20. It is the blended result of 12 valuation models in 5 families (DCF Models, Earnings-Based, Multiples, Growth DCF, Economic Profit).
Is Cogeco Communications Inc stock overvalued or undervalued in 2026?
As of Nov 8, 2026, CCA trades below its calculated fair value: price C$55.20, fair value C$129.67, a gap of about +135% (undervalued). The calculation is refreshed with each new quarterly report, so the verdict can change during the year.
Is fair value the same as the market price of CCA?
No. The price is what the market pays today (C$55.20); the fair value is what the company's own numbers justify (C$129.67). For Cogeco Communications Inc the two are C$74.47 per share apart. That gap is exactly why we show both numbers side by side.
How much is Cogeco Communications Inc worth?
The market values Cogeco Communications Inc at about C$2.3B (market capitalisation, as of Nov 8, 2026). Per share that is C$55.20; our models calculate a fair value of C$129.67 per share.
What do the bullish and bearish scenarios say about CCA?
Our models span a range for Cogeco Communications Inc: cautious scenario C$59.75, base C$129.67, optimistic C$187.49 per share (as of Nov 8, 2026, price C$55.20). The range comes from different growth and margin assumptions, not from analyst opinions.
What is the PEG ratio of CCA?
The PEG ratio of Cogeco Communications Inc is 1.87 (P/E divided by earnings growth, as of Nov 8, 2026). That is above 1, so the growth is already paid for in the price.
How solid is the balance sheet of Cogeco Communications Inc (CCA)?
Balance-sheet figures for Cogeco Communications Inc (as of Nov 8, 2026): return on equity −52.4%, debt of 2.23 per unit of equity. They feed the Quality Score of 44/100, which measures business quality independently of the share price.
How far is CCA from its 52-week high?
Cogeco Communications Inc trades at C$55.20, about 27% below its 52-week high of C$75.59 and 13% above the low of C$48.70 (as of Nov 6, 2026). Distance from the high says nothing about value: that is what the fair value of C$129.67 is for.
Which stocks are comparable to Cogeco Communications Inc?
From the same area (Communication Services) we also value China Mobile Limited, Verizon Communications Inc, T-Mobile US, Inc, AT&T Inc, among others. Each of them has its own fair-value calculation on this site using the same models, so the comparison is like for like.
Is Cogeco Communications Inc stock attractive at the current price?
The data as of Nov 8, 2026: price C$55.20, calculated fair value C$129.67 (+135%), Quality Score 44/100, from 12 models. Whether that fits your horizon and risk tolerance is your call. We provide the calculation, not investment advice.
How is the fair value of CCA calculated?
We run Cogeco Communications Inc through 12 models from 5 families: DCF Models, Earnings-Based, Multiples, Growth DCF, Economic Profit. Every model gets the same audited fundamentals; the fair value of C$129.67 builds on their evidence-weighted average, with the spread shown as a cautious and an optimistic scenario.
Is it still worth investing in stocks now?
The global stock market currently sits 13.3% above its aggregate fair value. Cogeco Communications Inc currently trades 57% below its own fair value, and the market average says nothing about that. An expensive market is no reason to stay out and no reason to buy everything at once: keep a broad savings plan running, buy single stocks only with money you can do without, and hold part of your money liquid while the market is high. The full picture including sectors is on is it worth investing now.
What is the share price of Cogeco Communications Inc (CCA)?
The closing price on Nov 6, 2026 was C$55.20. Our model-based fair value is C$129.67, about +135% upside (undervalued). We carry closing prices from our data provider, not a live tick.
What should I pay attention to with Cogeco Communications Inc right now?
The large discount to fair value meets weak quality (44/100). That raises the risk this is a value trap rather than a bargain. The price is below even our cautious bear case (C$59.75). The market is more pessimistic than our downside scenario. The model range is unusually wide (C$59.75 to C$187.49). The outcome hinges heavily on assumptions, so read the point estimate with caution.
Where does the earnings growth of Cogeco Communications Inc (CCA) come from?
Earnings per share at Cogeco Communications Inc grew +3.8 % a year from 2015 to 2026. Broken into its drivers: revenue per share +5.7 %, EBIT margin −3.8 %, tax rate +0.8 %, residual (interest, one-offs) +1.3 %. The four rates multiply to the earnings growth rate, they do not add up. Start and end are three-year averages so a single exceptional year does not distort the result.
Key figures of Cogeco Communications Inc
How large is the market capitalisation of Cogeco Communications Inc (CCA)?
The market capitalisation of Cogeco Communications Inc is C$2.3B (≈ $1.6B). The stock-market value of the whole company: share price times number of shares. It is what the market asks for the entire business today.
What is the P/E ratio of Cogeco Communications Inc (CCA) excluding one-off items?
Excluding one-off items, the price-to-earnings ratio of Cogeco Communications Inc is 6.5 (fiscal year 2026, the reported result was a loss, median at FY-end 9.1 (10 FY)).
What is the P/S ratio of Cogeco Communications Inc (CCA)?
The price-to-sales ratio of Cogeco Communications Inc is 0.80 (last twelve months). Price to sales: market value relative to yearly revenue. Useful when profit is thin or distorted.
What are the earnings per share of Cogeco Communications Inc (CCA)?
Earnings per share at Cogeco Communications Inc are C$−26.28. Earnings per share over the last twelve months: total profit spread across every single share.
What is the dividend yield of Cogeco Communications Inc (CCA)?
The dividend yield of Cogeco Communications Inc is 7.2%. Yearly dividend relative to the share price. 3% pays 3 per 100 invested. Below: how much of profit is used for it.
What is the net margin of Cogeco Communications Inc (CCA)?
The net margin of Cogeco Communications Inc is −39.6% (last twelve months). How much of every unit of revenue ends up as profit. 10% means 10 cents of profit per dollar of sales.
What is the return on equity of Cogeco Communications Inc (CCA)?
The return on equity (ROE) of Cogeco Communications Inc is −52.4% (last twelve months). Profit relative to shareholders' equity, how efficiently the company works with its owners' money.
What is the EBIT return on assets of Cogeco Communications Inc (CCA)?
On an EBIT basis the return on assets of Cogeco Communications Inc is 7.4% (avg 5y). Operating profit (EBIT) relative to everything the company owns, as a multi-year average. It describes the business model rather than one good or bad year.
What is the operating margin of Cogeco Communications Inc (CCA)?
The operating margin of Cogeco Communications Inc is 27.5% (last twelve months). Profit from the core business (before interest and taxes) relative to revenue.
How fast is revenue growing at Cogeco Communications Inc (CCA)?
Revenue at Cogeco Communications Inc is growing −4.7% versus a year earlier (3y avg −2.2%). How much revenue grew versus a year earlier (YoY). The 3-year average next to it puts the single year in context.
How fast are earnings growing at Cogeco Communications Inc (CCA)?
Earnings per share at Cogeco Communications Inc are growing +7.4% versus a year earlier. How much earnings per share grew versus a year earlier.
How much net debt does Cogeco Communications Inc (CCA) carry?
The net debt of Cogeco Communications Inc is C$4.3B (fiscal year 2026, ≈ 9.3 yrs of FCF). Debt minus cash on hand. The note shows how many years of free cash flow could in theory pay it off.
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Some data
Nov 8, 2026