Cogeco: Top 10 Undervalued Telecommunication Services Industry Stocks (CGO)
Cogeco is now ranked among the top 10 undervalued stocks in the Telecommunication Services industry on the Toronto Stock Exchange or TSX Venture Exchange.
- A stock is considered undervalued if it trades at a discount to its valuation – a calculation used to determine the intrinsic (true) worth of a company
- Valuation methodology provided by Stockcalc (see below)
Telecommunication Services: Companies that provide local, national, international, and long-distance phone services, as well as companies offering wireless services. Also includes companies that provide services for faxing, prepaid phone cards, pay phones, and directory assistance, or that provide Internet access services.
Stocks in this category are held primarily for capital appreciation.
| Symbol | Name | Close Price ($) | Valuation ($) | Difference | Average Vol (30D) | Market Cap ($M) | Yield (%) | P/E Ratio |
|---|---|---|---|---|---|---|---|---|
| ADYA | Adya | 0.02 | 0.03 | 0.01 (60.0%) | 1113 | 0.5 | 0.0 | 0.0 |
| GOK | GINSMS | 0.02 | 0.02 | 0.00 (19.5%) | 45 | 3.7 | 0.0 | 29.0 |
| CGO | Cogeco | 59.93 | 69.26 | 9.33 (15.6%) | 27141 | 934.8 | 5.3 | 14.8 |
| TGO | TeraGo | 1.39 | 1.54 | 0.15 (11.1%) | 9085 | 27.5 | 0.0 | 0.0 |
All data provided as of February 20, 2024.
The list is sorted by stocks with the greatest percentage difference between valuation and price.
Cogeco
Cogeco Inc is a telecommunications company. The company has operating segments, namely Canadian broadband services, American broadband services and Others. The Canadian and American broadband services segments provide a wide range of Internet, video, and telephony services primarily to residential customers, as well as business services across their coverage areas.
Cogeco is listed under CGO on the Toronto Stock Exchange.
Stockcalc
StockCalc is a Canadian fintech company specializing in fundamental valuations for North American stocks and ETFs.
Stockcalc valuations (https://www.stockcalc.com/Resources) can help determine if a stock is undervalued. Stockcalc’s Weighted Average Valuation (WAV) is based on a proprietary calculation using model and analyst inputs, including:
- Discounted Cash Flow (DCF)
- Price & Other Comparables
- Multiples
- Adjusted Book Value (ABV)
- Analyst Consensus
Artificial Intelligence at Report on Business
Report on Business scans market data using algorithms to process large quantities of information. The results are specialized reports produced through automation. Ongoing ROB project experiments that leverage artificial intelligence include valuation screens across 14 categories and end-of-day Closing Summary reports for all North American securities.
