Cogeco Communications Stock Net Asset
| CCA Stock | CAD 52.31 0.14 0.27% |
Cogeco Communications fundamentals help investors to digest information that contributes to Cogeco Communications' financial success or failures. It also enables traders to predict the movement of Cogeco Stock. The fundamental analysis module provides a way to measure Cogeco Communications' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Cogeco Communications stock.
Cogeco | Net Asset |
Cogeco Communications Company Net Asset Analysis
Cogeco Communications' Net Asset is the current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assets is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Current Cogeco Communications Net Asset | 9.77 B |
Most of Cogeco Communications' fundamental indicators, such as Net Asset, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Cogeco Communications is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Cogeco Net Asset Driver Correlations
Understanding the fundamental principles of building solid financial models for Cogeco Communications is extremely important. It helps to project a fair market value of Cogeco Stock properly, considering its historical fundamentals such as Net Asset. Since Cogeco Communications' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Cogeco Communications' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Cogeco Communications' interrelated accounts and indicators.
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Net Asset is the value used in calculating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formula that uses closing prices of all positions in the fund's portfolio.
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Cogeco Total Assets
Total Assets |
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Based on the recorded statements, Cogeco Communications has a Net Asset of 9.77 B. This is much higher than that of the Diversified Telecommunication Services sector and significantly higher than that of the Communication Services industry. The net asset for all Canada stocks is notably lower than that of the firm.
Cogeco Net Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Cogeco Communications' direct or indirect competition against its Net Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Cogeco Communications could also be used in its relative valuation, which is a method of valuing Cogeco Communications by comparing valuation metrics of similar companies.Cogeco Communications is currently under evaluation in net asset category among related companies.
Cogeco Communications Current Valuation Drivers
We derive many important indicators used in calculating different scores of Cogeco Communications from analyzing Cogeco Communications' financial statements. These drivers represent accounts that assess Cogeco Communications' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Cogeco Communications' important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 4.7B | 5.5B | 3.7B | 3.0B | 2.7B | 1.9B | |
| Enterprise Value | 7.5B | 8.4B | 8.0B | 7.7B | 6.9B | 7.2B |
Cogeco Fundamentals
| Return On Equity | 0.11 | ||||
| Return On Asset | 0.0503 | ||||
| Profit Margin | 0.12 % | ||||
| Operating Margin | 0.25 % | ||||
| Current Valuation | 7.53 B | ||||
| Shares Outstanding | 30.22 M | ||||
| Shares Owned By Insiders | 0.45 % | ||||
| Shares Owned By Institutions | 46.07 % | ||||
| Number Of Shares Shorted | 814.15 K | ||||
| Price To Earning | 12.08 X | ||||
| Price To Book | 0.80 X | ||||
| Price To Sales | 0.79 X | ||||
| Revenue | 2.98 B | ||||
| Gross Profit | 1.42 B | ||||
| EBITDA | 1.4 B | ||||
| Net Income | 392.27 M | ||||
| Cash And Equivalents | 29.26 M | ||||
| Cash Per Share | 7.68 X | ||||
| Total Debt | 57.58 M | ||||
| Debt To Equity | 1.18 % | ||||
| Current Ratio | 1.29 X | ||||
| Book Value Per Share | 69.94 X | ||||
| Cash Flow From Operations | 962.9 M | ||||
| Short Ratio | 14.91 X | ||||
| Earnings Per Share | 8.32 X | ||||
| Price To Earnings To Growth | 3.24 X | ||||
| Target Price | 68.85 | ||||
| Beta | 0.47 | ||||
| Market Capitalization | 2.21 B | ||||
| Total Asset | 9.77 B | ||||
| Retained Earnings | 1.89 B | ||||
| Working Capital | 46.49 M | ||||
| Current Asset | 207.67 M | ||||
| Current Liabilities | 474.98 M | ||||
| Annual Yield | 0.07 % | ||||
| Five Year Return | 2.32 % | ||||
| Net Asset | 9.77 B | ||||
| Last Dividend Paid | 3.26 |
About Cogeco Communications Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Cogeco Communications's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Cogeco Communications using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Cogeco Communications based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Complementary Tools for Cogeco Stock analysis
When running Cogeco Communications' price analysis, check to measure Cogeco Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Cogeco Communications is operating at the current time. Most of Cogeco Communications' value examination focuses on studying past and present price action to predict the probability of Cogeco Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Cogeco Communications' price. Additionally, you may evaluate how the addition of Cogeco Communications to your portfolios can decrease your overall portfolio volatility.
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