Cogent Communications Holdings, Inc.
CCOI
Communications Services, NEC
Mkt Cap
$2.809BPE
2.34Debt
-Cash
$163.3MEV
-FCF
-$146.6MP/E Ratio
2.34Debt
-Cash
$163.3MEV
-FCF
-$146.6MCharts data: {"Earnings":[{"time":"2014-12-30","value":797000},{"time":"2015-12-30","value":4896000},{"time":"2016-12-30","value":14929000},{"time":"2017-12-30","value":5876000},{"time":"2018-12-30","value":28667000},{"time":"2019-12-30","value":37520000},{"time":"2020-12-30","value":6216000},{"time":"2021-12-30","value":48185000},{"time":"2022-12-30","value":5146000},{"time":"2023-12-30","value":1273441000}],"Sales":[{"time":"2014-12-30","value":380003000},{"time":"2015-12-30","value":404234000},{"time":"2016-12-30","value":446900000},{"time":"2017-12-30","value":485175000},{"time":"2018-12-30","value":520193000},{"time":"2019-12-30","value":546159000},{"time":"2020-12-30","value":568103000},{"time":"2021-12-30","value":589797000},{"time":"2022-12-30","value":599604000},{"time":"2023-12-30","value":940922000}],"Net Margins":[{"time":"2014-12-30","value":0.002097351863011608},{"time":"2015-12-30","value":0.012111796632643468},{"time":"2016-12-30","value":0.033405683598120385},{"time":"2017-12-30","value":0.012111093935178029},{"time":"2018-12-30","value":0.05510839246202852},{"time":"2019-12-30","value":0.06869794327292968},{"time":"2020-12-30","value":0.010941677829548515},{"time":"2021-12-30","value":0.08169760103900156},{"time":"2022-12-30","value":0.008582331005130053},{"time":"2023-12-30","value":1.353396987210417}],"Assets":[{"time":"2014-12-30","value":761775000},{"time":"2015-12-30","value":662816000},{"time":"2016-12-30","value":737892000},{"time":"2017-12-30","value":710588000},{"time":"2018-12-30","value":739850000},{"time":"2019-12-30","value":932124000},{"time":"2020-12-30","value":1000477000},{"time":"2021-12-30","value":984557000},{"time":"2022-12-30","value":1010182000},{"time":"2023-12-30","value":3211619000}],"Stockholders Equity":[{"time":"2014-12-30","value":83794000},{"time":"2015-12-30","value":-12271000},{"time":"2016-12-30","value":-53254000},{"time":"2017-12-30","value":-102544000},{"time":"2018-12-30","value":-149002000},{"time":"2019-12-30","value":-203679000},{"time":"2020-12-30","value":-293166000},{"time":"2021-12-30","value":-373098000},{"time":"2022-12-30","value":-518632000},{"time":"2023-12-30","value":609556000}],"ROE":[{"time":"2014-12-30","value":0.00951142086545576},{"time":"2015-12-30","value":-0.3989894874093391},{"time":"2016-12-30","value":-0.2803357494272731},{"time":"2017-12-30","value":-0.05730223123732252},{"time":"2018-12-30","value":-0.1923933906927424},{"time":"2019-12-30","value":-0.18421143073169055},{"time":"2020-12-30","value":-0.021203004441169848},{"time":"2021-12-30","value":-0.1291483738856815},{"time":"2022-12-30","value":-0.00992225701460766},{"time":"2023-12-30","value":2.0891288085098005}],"ROA":[{"time":"2014-12-30","value":0.07075580059728923},{"time":"2015-12-30","value":0.0800161734176604},{"time":"2016-12-30","value":0.08679047882345926},{"time":"2017-12-30","value":0.10683828041002663},{"time":"2018-12-30","value":0.11699398526728391},{"time":"2019-12-30","value":0.10755757817629415},{"time":"2020-12-30","value":0.10687102252225689},{"time":"2021-12-30","value":0.12110319666611481},{"time":"2022-12-30","value":0.11281036486494513},{"time":"2023-12-30","value":0.37970786696678527}]}
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. 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.
In the chart Earnings are multiplied by this value.
Earnings Growth 47%
Earnings Stability 40%
Competitiveness and MOAT
High margins render the company resilient under dire circumstances, hence able to drive competitors out or acquire them. ROE and ROA measure the average flow generated by each invested dollar. Their marginal value is a forecast of future growth, and it is considered by Buffett and Munger the most important single indicator.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Margin | 1.2% | 3.3% | 1.2% | 5.5% | 6.9% | 1.1% | 8.2% | 0.86% | 140% | 110% |
| ROA | 8% | 8.7% | 11% | 12% | 11% | 11% | 12% | 11% | 38% | 36% |
| ROE | -40% | -28% | -5.7% | -19% | -18% | -2.1% | -13% | -0.99% | 210% | 240% |
What is the average Net Margin?
The average Net Margin over the past 5 years is +26.31%.
What is the trend of Net Margin?
The trend of Net Margin over the past 5 years is +18.23%.
What is the average Return on Assets (ROA)?
The average ROA over the past 5 years is +15.75%.
What is the trend of Return on Assets (ROA)?
The trend of ROA over the past 5 years is +3.84%.
What is the average Return on Equity (ROE)?
The average ROE over the past 5 years is +25.87%.
What is the trend of Return on Equity (ROE)?
The trend of ROE over the past 5 years is +33.78%.
Safety & Stabiliy
Being debt the number one cause of investment losses and company death, the ratio Debt/FCF is of utmost importance to guarantee safety. On the other hand the Graham’s stability measures the drawdown of earnings, hence indicating the reliability of the flow generated by the company.
| Years | 12-2015 | 12-2016 | 12-2017 | 12-2018 | 12-2019 | 12-2020 | 12-2021 | 12-2022 | 12-2023 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Debt FCF | 9.77 | 9.08 | 8.72 | 7.69 | 7.84 | 10.45 | 8.95 | 10.03 | -8.46 | - |
| Debt Equity | -38.40 | -10.70 | -5.61 | -4.33 | -3.92 | -3.01 | -2.41 | -1.83 | 1.56 | - |
| MIN | ||||||||||
| Graham Stability | - | - | 85% | 100% | 100% | 26% | 100% | 17% | 100% | 17% |
What is the Debt/FCF?
The Debt/FCF trailing twelve month is -.
What is the trend of Debt/FCF?
The trend of Debt/FCF over the past 5 years is -2.16.
What is the Graham’s Stability?
Graham’s Stability measure stands at 0.17.
Growth
Growth can be dangerous when forecasting, simply projecting the current growth is in general wrong. A company passes through multiple phases, from being young and unprofitable, to the first periods of profitability and high growth, until it arrives at a period of regime with limited growth. Identifying in which phase the company is in may help forecasting.
| Years | 12-2016 | 12-2018 | 12-2020 | 12-2022 | Trend |
|---|---|---|---|---|---|
| Revenue | 11% | 13% | 18% | 57% | 2.7% |
| Net Income | 89% | 110% | 490% | 25K% | 1.6K% |
| Stockholders Equity | - | - | - | - | - |
| FCF | - | - | - | - | -25% |
What is the 5 year Revenue CAGR?
The Revenue CAGR over the past 5 years is +12.58%.
What is the trend of Revenue growth?
The trend of Revenue growth rate over the past 5 years is +2.71%.
What is the 5 year Earnings CAGR?
The Earnings CAGR over the past 5 years is +113.56%.
What is the trend of Earnings growth?
The trend of Earnings growth rate over the past 5 years is +1.61K%.
What is the 5 year Equity CAGR?
The Equity CAGR over the past 5 years is -.
What is the trend of Equity growth?
The trend of Equity growth rate over the past 5 years is -.
What is the 5 year FCF CAGR?
The FCF CAGR over the past 5 years is -.
What is the trend of FCF growth?
The trend of FCF growth rate over the past 5 years is -24.54%.