CCA : Cogeco Communications Inc Stock Profile

Last Updated: 3/12/2024 0:47:16

Cogeco Communications Inc trades with the ticker CCA on the TSX and is in the Telecom Services industry.

Overview
Cogeco Communications Inc. operates as a telecommunications corporation in Canada and the United States. It operates in two segments, Canadian Telecommunications and American Telecommunications. The company offers Internet, video, and Internet protocol (IP) based telephony services to residential and small business customers through its two-way broadband fiber networks. It also provides Internet packages comprising best-in-class managed Wi-Fi and with home Wi-Fi solutions; 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, the company offers e-mail solutions and Internet security suite to Internet customers with automatic updates to protect their desktop and mobile devices; and self-installation devices on a rental basis. Further, 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. Cogeco Communications Inc. operates as a subsidiary of Cogeco Inc.
 

Looking to invest in Cogeco Communications Inc? Our analysis brings in the key facts, competitor research and valuation metrics for you to make an informed decision.

CCA.TO Stock Price and Key Stats

ETF Key Stats

Exchange: TSX

Market Cap : $2523.181MM

PE Ratio: 7.183

Price: 60.15 (Updated: 3/12/2024 0:47:16)



Cogeco Communications Inc (CCA) vs Competitors in Telecom Services

Lets see how CCA.TO stacks up against others in the Telecom Services asset management industry. We have identified its main peers as:

BCE Inc, Quebecor Inc, Quebecor Inc, Rogers Communications Inc, Rogers Communications Inc

.

Telecom Services Industry Comparisons

Company Market Cap ($MM) P/E Ratio EV/EBITDA Dividend Yield
BCE Inc (BCE) $44,984.267 21.548 8.548 8.1%
Cogeco Communications Inc (CCA) $2,523.181 7.183 5.26 5.7%
Quebecor Inc (QBR-A) $7,173.896 11.071 7.088 4.2%
Quebecor Inc (QBR-B) $7,349.16 11.396 7.088 4.2%
Rogers Communications Inc (RCI-A) $31,688.428 37.562 9.997 3.3%

EV/EBITDA: Enterprise Value to Earnings Before Interest, Taxes, Depreciation, and Amortization – this ratio compares the value of a company, including debt, to the company’s cash earnings less non-cash expenses
Industry: companies that have a lot in common
Market Cap: Market Capitalization – the total value of all a corporation’s stock
N/A: Not Applicable or Not Available
P/E: Price-to-Earnings – this ratio relates a corporation’s share price to its earnings per share
Price: Stock Price – current value to buyers and sellers
Dividend Yield: Dividend or Distribution Yield  

Comparisons within Telecom Services

  • Cogeco Communications Inc (CCA) vs BCE Inc (BCE)
    • CCA has higher EPS (8.32 vs 2.28). BCE has higher dividend yield (8.1% vs 5.7%). BCE has a higher P/E ratio (21.548 vs 7.183) indicating it’s more expensive.
  • Cogeco Communications Inc (CCA) vs Quebecor Inc (QBR-A)
    • CCA has higher EPS (8.32 vs 2.8). CCA has higher dividend yield (5.7% vs 4.2%). QBR-A has a higher P/E ratio (11.071 vs 7.183) indicating it’s more expensive.
  • Cogeco Communications Inc (CCA) vs Quebecor Inc (QBR-B)
    • CCA has higher EPS (8.32 vs 2.8). CCA has higher dividend yield (5.7% vs 4.2%). QBR-B has a higher P/E ratio (11.396 vs 7.183) indicating it’s more expensive.
  • Cogeco Communications Inc (CCA) vs Rogers Communications Inc (RCI-A)
    • CCA has higher EPS (8.32 vs 1.62). CCA has higher dividend yield (5.7% vs 3.3%). RCI-A has a higher P/E ratio (37.562 vs 7.183) indicating it’s more expensive.
  • Cogeco Communications Inc (CCA) vs Rogers Communications Inc (RCI-B)
    • CCA has higher EPS (8.32 vs 1.62). CCA has higher dividend yield (5.7% vs 3.4%). RCI-B has a higher P/E ratio (36.883 vs 7.183) indicating it’s more expensive.

Our Recommendation: Buy
Shows positive EPS growth from this year to next, suggesting improving profitability. Has a lower P/E ratio (7.18) than the industry average (10.26), indicating potential undervaluation. Features a lower EV/EBITDA ratio (5.26) than the industry average (6.63), indicating attractive valuation.
 

How to Buy CCA stock on the TSX

You can buy on pretty much any online brokerage in Canada, since it trades on the TSX. If you are looking for some easy options take a look at these two:

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Author Bio - Qayyum Rajan is a CFA Charterholder with 10+ years of finance experience and the co-creator of Wealthawesome.com. He has previously worked as a portfolio manager at RBC Dominion Securities and other roles at asset managers like Sentry Investments. He then started building websites and fintech apps to bring finance to everyone.

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