1.65%
-1.28%
-5.21%
7.78%
-1.44%
19.61%
7.27%
AI Spotlight on CCOI
Company Description
Cogent Communications Holdings, Inc., through its subsidiaries, provides high-speed Internet access, private network, and data center colocation space services in North America, Europe, Asia, South America, Australia, and Africa.The company offers on-net Internet access and private network services to law firms, financial services firms, and advertising and marketing firms, as well as heath care providers, educational institutions and other professional services businesses, other Internet service providers, telephone companies, cable television companies, Web hosting companies, media service providers, mobile phone operators, content delivery network companies, and commercial content and application service providers.It also provides Internet access and private network services to customers that are not located in buildings directly connected to its network; and on-net services to customers located in buildings that are physically connected to its network.
In addition, the company offers off-net services to corporate customers using other carriers' circuits to provide the last mile portion of the link from the customers' premises to the network.Further, it operates data centers that allow its customers to collocate their equipment and access the network.The company operates 54 data centers and provides facilities to 3,035 buildings and on-net services to 1,817 to multi-tenant office buildings.
It serves primarily to small and medium-sized businesses, communications service providers, and other bandwidth-intensive organizations.Cogent Communications Holdings, Inc.was founded in 1999 and is headquartered in Washington, the District of Columbia.
Market Data
| Last Price | 76.08 |
| Change Percentage | 1.65% |
| Open | 75 |
| Previous Close | 74.85 |
| Market Cap ( Millions) | 3730 |
| Volume | 73025 |
| Year High | 86.76 |
| Year Low | 50.8 |
| M A 50 | 76.82 |
| M A 200 | 70.11 |
Financial Ratios
| FCF Yield | -7.09% |
| Dividend Yield | 5.15% |
| ROE | 8.52% |
| Debt / Equity | 633.17% |
| Net Debt / EBIDTA | 490.64% |
| Price To Book | 11.15 |
| Price Earnings Ratio | 91.59 |
| Price To FCF | -14.11 |
| Price To sales | 3.53 |
| EV / EBITDA | 15.25 |
News
- Jan -08 - All You Need to Know About Cogent (CCOI) Rating Upgrade to Buy
- Jan -03 - Cogent Shares Rise 39.2% in Six Months: Will This Uptrend Continue?
- Dec -17 - 3 Wireless Stocks Likely to Thrive Against Industry Odds
- Nov -22 - Cogent Communications CEO to Present at Four Upcoming Conferences
- Nov -15 - 8 Upcoming Dividend Increases
- Nov -13 - Cogent initiated with a Buy at UBS
- Nov -11 - Cogent (CCOI) International Revenue Performance Explored
- Nov -11 - Cogent Communications CEO to Present at an Upcoming Conference
- Nov -08 - Cogent's Q3 Loss Narrower Than Expected, Revenues Down Y/Y
- Nov -07 - Cogent Communications Holdings, Inc. (CCOI) Q3 2024 Earnings Call Transcript
- Nov -07 - Compared to Estimates, Cogent (CCOI) Q3 Earnings: A Look at Key Metrics
- Nov -07 - Cogent Communications (CCOI) Reports Q3 Loss, Misses Revenue Estimates
- Nov -07 - Cogent Communications Reports Third Quarter 2024 Results and Increases its Regular Quarterly Dividend on its Common Stock
- Nov -05 - Seeking Clues to Cogent (CCOI) Q3 Earnings? A Peek Into Wall Street Projections for Key Metrics
- Oct -22 - Cogent Communications to Host Third Quarter 2024 Earnings Call on November 7, 2024
- Sep -23 - 3 Wireless Stocks Set to Ride High on the Thriving 5G Ecosystem
- Sep -12 - Cogent Communications CEO to Present at Two Upcoming Conferences
- Aug -22 - Cogent Communications CEO to Present at Three Upcoming Conferences
- Aug -21 - Cogent Communications Faces Setback: Analyst Downgrades Stock Due To Delayed Growth
- Aug -12 - Interpreting Cogent (CCOI) International Revenue Trends
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> On-net
Expected Growth : 10.2 %
What the company do ?
On-net refers to buildings directly connected to Cogent's fiber-optic network, providing high-speed internet and Ethernet services with low latency and high reliability.
Why we expect these perspectives ?
Growing demand for high-speed internet and Ethernet services, increasing adoption of cloud computing, and rising need for low latency and high reliability connectivity drive growth in On-net buildings connected to Cogent's fiber-optic network.
Segment n°2 -> Off-net
Expected Growth : 10.2 %
What the company do ?
Off-net refers to internet services provided by Cogent Communications Holdings, Inc. outside of their own network, often through partnerships with other providers.
Why we expect these perspectives ?
Cogent Communications' off-net services growth is driven by increasing demand for high-bandwidth connectivity, strategic partnerships with other providers, and expansion into new markets, particularly in the Asia-Pacific region.
Segment n°3 -> Non-core
Expected Growth : 4.5 %
What the company do ?
Non-core from Cogent Communications Holdings, Inc. refers to the company's non-essential assets or businesses that do not align with its core operations or strategy.
Why we expect these perspectives ?
The non-core segment of Cogent Communications Holdings, Inc. is expected to grow driven by the increasing demand for digital transformation and the need for companies to focus on their core businesses, leading to divestitures of non-essential assets.
Cogent Communications Holdings, Inc. Products
| Product Range | What is it ? |
|---|---|
| Internet Services | Cogent Communications provides high-speed internet services to businesses, offering fast and reliable connectivity solutions. |
| Ethernet Services | Cogent offers Ethernet services, including Ethernet Virtual Private Line (EVPL) and Ethernet Private Line (EPL), for secure and dedicated network connections. |
| Colocation Services | Cogent provides colocation services, offering secure and reliable data center space for customers to house their IT infrastructure. |
| IP Transit Services | Cogent offers IP Transit services, providing customers with access to its global IP network and enabling them to reach destinations worldwide. |
| Dedicated Internet Access | Cogent provides dedicated internet access, offering customers a dedicated and symmetrical internet connection. |
Cogent Communications Holdings, Inc.'s Porter Forces
Threat Of Substitutes
The threat of substitutes for Cogent Communications Holdings, Inc. is medium due to the availability of alternative communication services such as wireless networks and satellite communications.
Bargaining Power Of Customers
The bargaining power of customers for Cogent Communications Holdings, Inc. is low due to the company's strong market position and limited alternatives for customers.
Bargaining Power Of Suppliers
The bargaining power of suppliers for Cogent Communications Holdings, Inc. is medium due to the presence of multiple suppliers and the company's dependence on a few key suppliers.
Threat Of New Entrants
The threat of new entrants for Cogent Communications Holdings, Inc. is low due to the high barriers to entry in the telecommunications industry, including significant capital requirements and regulatory hurdles.
Intensity Of Rivalry
The intensity of rivalry for Cogent Communications Holdings, Inc. is high due to the competitive nature of the telecommunications industry, with multiple players competing for market share.
Capital Structure
| Value | |
|---|---|
| Debt Weight | 63.88% |
| Debt Cost | 5.59% |
| Equity Weight | 36.12% |
| Equity Cost | 5.84% |
| WACC | 5.68% |
| Leverage | 176.87% |
Cogent Communications Holdings, Inc. : Quality Control
Cogent Communications Holdings, Inc. passed 2 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| T | AT&T Inc. provides telecommunications, media, and technology services worldwide. Its Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, and carrying … |
| IRDM | Iridium Communications Inc. provides mobile voice and data communications services and products to businesses, the United States and international governments, non-governmental organizations, and consumers worldwide. The company offers postpaid mobile … |
| LBRDA | Liberty Broadband Corporation engages in the communications businesses. It operates through GCI Holdings and Charter segments. The GCI Holdings segment provides a range of wireless, data, video, voice, and managed … |
| VZ | Verizon Communications Inc., through its subsidiaries, offers communications, technology, information, and entertainment products and services to consumers, businesses, and governmental entities worldwide. Its Consumer segment provides postpaid and prepaid service … |
| FYBR | Frontier Communications Parent, Inc., together with its subsidiaries, provides communications services for consumer and business customers in 25 states in the United States. It offers data and Internet, voice, video, … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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Verizon
A-Score
1-Year Total Return ->
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AT&T
A-Score
1-Year Total Return ->
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Cogent Communications
A-Score
1-Year Total Return ->
4
Liberty Broadband
A-Score
1-Year Total Return ->
5
Frontier Communications Parent
A-Score
1-Year Total Return ->
6
