Cogeco Communications (FRA:COG) Debt-to-Equity: 2.42 (As of May. 2026) — 48% Above Median

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FRA:COG Cogeco Communications Inc FRA:COG
79 GF Score
Price €37.80
GF Value €39.35
Valuation Fairly Valued
! 8 Warning Signs
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What is Cogeco Communications Debt-to-Equity?

Cogeco Communications FRA:COG -0.53% 79 Debt-to-Equity is 2.42 as of May. 2026, which is 48% above its 10-year median of 1.64. GuruFocus rates FRA:COG with a GF Score™ of 79/100 and a GF Value™ of €39.35 (Fairly Valued). The stock has 8 warning signs investors should review. Among 324 Telecommunication Services companies, Cogeco Communications ranks worse than 88.89% on this metric.

Cogeco Communications's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was €171 Mil. Cogeco Communications's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was €2,620 Mil. Cogeco Communications's Total Stockholders Equity for the quarter that ended in May. 2026 was €1,154 Mil. Cogeco Communications's debt to equity for the quarter that ended in May. 2026 was 2.42.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Cogeco Communications's Debt-to-Equity or its related term are showing as below:

FRA:COG' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.31   Med: 1.64   Max: 2.42
Current: 2.42

During the past 13 years, the highest Debt-to-Equity Ratio of Cogeco Communications was 2.42. The lowest was 1.31. And the median was 1.64.

FRA:COG's Debt-to-Equity is ranked worse than
88.89% of 324 companies
in the Telecommunication Services industry
Industry Median: 0.615 vs FRA:COG: 2.42

Cogeco Communications  (FRA:COG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Cogeco Communications Debt-to-Equity Related Terms


Cogeco Communications Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Cogeco Communications's Debt-to-Equity can be seen below:

* 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.

Cogeco Communications Debt-to-Equity Chart

Cogeco Communications Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.36 1.70 1.71 1.62 1.44

Cogeco Communications Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.53 1.44 1.44 1.42 2.42

FRA:COG vs TMUS, VZ, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, Cogeco Communications's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Cogeco Communications Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Cogeco Communications's Debt-to-Equity falls into.


FRA:COG
79GF Score
Cogeco Communications Inc FRA:COG
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Cogeco Communications Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Cogeco Communications's Debt to Equity Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Cogeco Communications's Debt to Equity Ratio for the quarter that ended in May. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 2.42 mean?
Cogeco Communications (FRA:COG) has a Debt-to-Equity of 2.42 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cogeco Communications and its competitors. This is 48% above median its historical median of 1.64. Over the past decade, Cogeco Communications' Debt-to-Equity has ranged from 1.31 to 2.42. According to the industry distribution chart, Cogeco Communications ranks #288 out of 324 companies in the Telecommunication Services industry, placing it in the top 88.9%.
Is Cogeco Communications' Debt-to-Equity too high?
Cogeco Communications' current Debt-to-Equity of 2.42 is 48% above median its 10-year median of 1.64. Over the past 10 years, this metric has ranged from a low of 1.31 to a high of 2.42. The Telecommunication Services industry median Debt-to-Equity is 0.62. Cogeco Communications' value of 2.42 is 293.5% above this industry median. Based on the distribution chart, Cogeco Communications ranks #288 out of 324 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Cogeco Communications has a GF Score™ of 79/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco Communications' Debt-to-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Cogeco Communications ranks #288 out of 324 companies for Debt-to-Equity. This places Cogeco Communications in the lower half of its industry. The industry median Debt-to-Equity is 0.62. Cogeco Communications' value of 2.42 is 293.5% above this benchmark. Historically, Cogeco Communications' own Debt-to-Equity has ranged from 1.31 to 2.42 over the past decade. While the company's 10-year median is 1.64 vs. the industry median of 0.62, Cogeco Communications 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-Equity for a Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.62, based on 324 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cogeco Communications's current Debt-to-Equity of 2.42 is 293.5% 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-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cogeco Communications and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogeco Communications's current Debt-to-Equity is 2.42, which is 48% above median its own 10-year median of 1.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco Communications stock overvalued right now?
Based on GuruFocus' analysis, Cogeco Communications (FRA:COG) is currently considered Fairly Valued. The stock's GF Value™ is €39.35, compared to a current price of €37.80 — trading 3.9% below its estimated fair value. The current Debt-to-Equity is 2.42, which is 48% above median its 10-year median of 1.64 and 293.5% above the Telecommunication Services industry median of 0.62. Cogeco Communications' overall GF Score™ is 79/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Cogeco Communications (FRA:COG), the current Debt-to-Equity is 2.42 as of May. 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 Cogeco Communications (FRA:COG) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco Communications stock appears to be undervalued. The current stock price of €37.80 is trading 3.9% below its estimated GF Value™ of €39.35. GuruFocus considers Cogeco Communications to be Fairly Valued.

Key valuation signals for FRA:COG:

  • Debt-to-Equity: 2.42 (48% above median its 10-year median of 1.64)
  • GF Value™: €39.35 vs. price of €37.80 (3.9% below fair value)
  • GF Score™: 79/100 with 8 warning signs
  • Industry Position: 293.5% above the Telecommunication Services median (#288 of 324)

No single metric tells the full story. See the FRA:COG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Cogeco Communications Business Description

Address 1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
Cogeco Communications is a telecom service provider in Canada and the US, specifically in rural and suburban geographies. It offers wireline services such as broadband internet, TV, and landline phone services. In Canada, the firm operates under its Cogeco Connexion and Oxio brands, reaching roughly 2.1 million homes and businesses throughout Ontario and Quebec. In the US, Cogeco operates under its Breezeline brand throughout the East Coast, Pennsylvania, and Ohio, reaching 1.8 million homes and businesses. Cogeco is expanding its offerings to include consumer wireless services, operating as a mobile virtual network operator.
79GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€37.80
Price
€39.35
GF Value