Company Overview

Cogeco Communications Inc. operates as a communications corporation in North America. It operates in two segments, Canadian Broadband Services and American Broadband Services. The company offers Internet, video, and telephony services to residential and business customers through its two-way broadband fiber networks. It provides Internet services using modems, Wi-Fi gateways, and extenders either on a rental basis or as part of the Internet service package; video services on a subscription basis; home phone services using Internet protocol (IP); local and long-distance calling services; broadband Internet services; and IP based telephony services and other network connectivity services delivered over fiber optic connection to larger businesses. The company serves the primary service units, Internet, video, and telephony service customers. It offers cable operator services under the Cogeco Connexion name in Québec and Ontario, and in the United States under the Atlantic Broadband 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 1972 and is headquartered in Montreal, Canada. Cogeco Communications Inc. operates as a subsidiary of Cogeco Inc.

  • Name

    Cogeco Communications Inc.

  • CEO

    Frederic Perron

  • Website

    corpo.cogeco.com/cca/en

  • Sector

    Diversified Telecommunication Services

  • Year Founded

    1957

Company Statistics

Profile

  • Market Cap

  • EV

  • Shares Out

  • Revenue

  • Employees

Margins

  • Gross

  • EBITDA

  • Operating

  • Pre-Tax

  • Net

  • FCF

Returns (5Yr Avg)

  • ROA

  • ROTA

  • ROE

  • ROCE

  • ROIC

Valuation (TTM)

  • P/E

  • P/B

  • EV/Sales

  • EV/EBITDA

  • P/FCF

  • EV/Gross Profit

Valuation (NTM)

  • Price Target

  • P/E

  • PEG

  • EV/Sales

  • EV/EBITDA

  • P/FCF

Financial Health

  • Cash

  • Net Debt

  • Debt/Equity

  • EBIT/Interest

Growth (CAGR)

  • Rev 3Yr

  • Rev 5Yr

  • Rev 10Yr

  • Dil EPS 3Yr

  • Dil EPS 5Yr

  • Dil EPS 10Yr

  • Rev Fwd 2Yr

  • EBITDA Fwd 2Yr

  • EPS Fwd 2Yr

  • EPS LT Growth Est

Dividends

  • Yield

  • Payout

  • DPS

  • DPS Growth 3Yr

  • DPS Growth 5Yr

  • DPS Growth 10Yr

  • DPS Growth Fwd 2Yr

Bulls Say

  • Cogeco’s wireless business will drive revenue through cross-selling to its existing broadband customer base while reducing service churn.

  • With nearly CAD 400 million in purchases since 2021, Cogeco has numerous opportunities to monetize spectrum assets through partnership agreements or leases.

  • Cogeco is strategically positioned in rural geographies where it is a leading broadband provider and there is less risk of disruptive competition. The firm will generate significant free cash flow over an extended period.

Bears Say

  • Competition is increasing. Canadian competitors such as BCE have been building out their fiber networks. In addition, threats like fixed-wireless and private equity-funded fiber investment can continue to steal share from Cogeco.

  • Cogeco’s push into the wireless business could be a distraction that won't add value, as any positive customer developments will be offset by weaker margins.

  • Cable TV and landline phone services remain in secular decline, and continued cord-cutting will far outpace internet customer additions, preventing sales growth.

Source: Morningstar Analysis - Oct 31, 2025
TSX:CCA