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Cogent Communications HoldingsFRA:OGM1 -0.88%62 Debt-to-EBITDA is 14.17 as of Mar. 2026, which is 151% above its 10-year median of 5.64. GuruFocus rates FRA:OGM1 with a GF Score™ of 62/100 and a GF Value™ of €53.19 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 304 Telecommunication Services companies, Cogent Communications Holdings ranks worse than 94.41% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
The historical rank and industry rank for Cogent Communications Holdings's Debt-to-EBITDA or its related term are showing as below:
FRA:OGM1'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.18 Med: 5.64 Max: 14.45
Current: 13.58
During the past 13 years, the highest Debt-to-EBITDA Ratio of Cogent Communications Holdings was 14.45. The lowest was 1.18. And the median was 5.64.
FRA:OGM1's Debt-to-EBITDA is ranked worse than 94.41% of 304
companies
in the Telecommunication Services industry
Industry Median: 2.04
vs FRA:OGM1: 13.58
A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.
According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.
Cogent Communications Holdings Debt-to-EBITDA Related Terms
Cogent Communications Holdings Debt-to-EBITDA Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
FRA:OGM1 vs SHEN, GOGO, ATNI: Debt-to-EBITDA Comparison
For the Telecom Services subindustry, Cogent Communications Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Cogent Communications Holdings Debt-to-EBITDA vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Cogent Communications Holdings's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Cogent Communications Holdings's Debt-to-EBITDA falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data,
the EBITDA data used here is four times the quarterly (Mar. 2026) EBITDA data.
Cogent Communications Holdings (FRA:OGM1) has a Debt-to-EBITDA of 14.17 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cogent Communications Holdings. This is 151% above median its historical median of 5.64. Over the past decade, Cogent Communications Holdings' Debt-to-EBITDA has ranged from 1.18 to 14.45. According to the industry distribution chart, Cogent Communications Holdings ranks #287 out of 304 companies in the Telecommunication Services industry, placing it in the top 94.4%.
Is Cogent Communications Holdings' Debt-to-EBITDA too high?
Cogent Communications Holdings' current Debt-to-EBITDA of 14.17 is 151% above median its 10-year median of 5.64. Over the past 10 years, this metric has ranged from a low of 1.18 to a high of 14.45. The Telecommunication Services industry median Debt-to-EBITDA is 2.04. Cogent Communications Holdings' value of 14.17 is 594.6% above this industry median. Based on the distribution chart, Cogent Communications Holdings ranks #287 out of 304 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Cogent Communications Holdings has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cogent Communications Holdings' Debt-to-EBITDA compare to SHEN and GOGO?
According to the Telecommunication Services industry distribution chart, Cogent Communications Holdings ranks #287 out of 304 companies for Debt-to-EBITDA. This places Cogent Communications Holdings in the lower half of its industry. The industry median Debt-to-EBITDA is 2.04. Cogent Communications Holdings' value of 14.17 is 594.6% above this benchmark. Historically, Cogent Communications Holdings' own Debt-to-EBITDA has ranged from 1.18 to 14.45 over the past decade. While the company's 10-year median is 5.64 vs. the industry median of 2.04, Cogent Communications Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Telecommunication Services company?
The median Debt-to-EBITDA among Telecommunication Services companies is 2.04, based on 304 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cogent Communications Holdings's current Debt-to-EBITDA of 14.17 is 594.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Cogent Communications Holdings. For the Telecommunication Services industry, the median Debt-to-EBITDA is 2.04 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogent Communications Holdings's current Debt-to-EBITDA is 14.17, which is 151% above median its own 10-year median of 5.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogent Communications Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cogent Communications Holdings (FRA:OGM1) is currently considered Possible Value Trap. The stock's GF Value™ is €53.19, compared to a current price of €11.43 — trading 78.5% below its estimated fair value. The current Debt-to-EBITDA is 14.17, which is 151% above median its 10-year median of 5.64 and 594.6% above the Telecommunication Services industry median of 2.04. Cogent Communications Holdings' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Cogent Communications Holdings (FRA:OGM1), the current Debt-to-EBITDA is 14.17 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Cogent Communications Holdings (FRA:OGM1) Overvalued in 2026?
Based on GuruFocus' analysis, Cogent Communications Holdings stock appears to be undervalued.
The current stock price of €11.43 is trading 78.5% below its estimated GF Value™ of €53.19.
GuruFocus considers Cogent Communications Holdings to be Possible Value Trap.
Key valuation signals for FRA:OGM1:
Debt-to-EBITDA: 14.17 (151% above median its 10-year median of 5.64)
GF Value™: €53.19 vs. price of €11.43 (78.5% below fair value)
Industry Position: 594.6% above the Telecommunication Services median (#287 of 304)
No single metric tells the full story. See the FRA:OGM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cogent carries over one-fifth of the world's internet traffic on its network, providing high-capacity services to businesses. Cogent's corporate customers are in high-rise office buildings, where the firm provides two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for nearly half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.
62GF Score
Get the complete analysis for FRA:OGM1
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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