Cogent Communications Holdings (FRA:OGM1) Financial Strength: 1 (As of Jun. 2026) — 67% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:OGM1 Cogent Communications Holdings Inc FRA:OGM1
56 GF Score
Price €7.31
GF Value €43.86
Valuation Possible Value Trap
! 7 Warning Signs
View Full Analysis

What is Cogent Communications Holdings Financial Strength?

Cogent Communications Holdings FRA:OGM1 -2.86% 56 Financial Strength is 1 as of Jun. 2026, which is 67% below its 10-year median of 3.00. GuruFocus rates FRA:OGM1 with a GF Score™ of 56/100 and a GF Value™ of €43.86 (Possible Value Trap). The stock has 7 warning signs investors should review.

Cogent Communications Holdings has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.

Warning Sign:

Cogent Communications Holdings Inc displays poor financial strength. Usually, this is caused by too much debt for the company.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Cogent Communications Holdings did not have earnings to cover the interest expense. Cogent Communications Holdings's debt to revenue ratio for the quarter that ended in Jun. 2026 was 2.84. As of today, Cogent Communications Holdings's Altman Z-Score is 0.07.


Cogent Communications Holdings  (FRA:OGM1) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

Cogent Communications Holdings has the Financial Strength Rank of 1. It displays poor financial strength and is likely in financial distress. Usually this is caused by too much debt for the company.


Cogent Communications Holdings Financial Strength Related Terms


FRA:OGM1 vs ATNI, OPTU, GOGO: Financial Strength Comparison

For the Telecom Services subindustry, Cogent Communications Holdings's Financial Strength, along with its competitors' market caps and Financial Strength 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 Financial Strength vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogent Communications Holdings's Financial Strength distribution charts can be found below:

* The bar in red indicates where Cogent Communications Holdings's Financial Strength falls into.


FRA:OGM1
56GF Score
Cogent Communications Holdings Inc FRA:OGM1
Financial Strength is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cogent Communications Holdings Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

Cogent Communications Holdings's Interest Expense for the months ended in Jun. 2026 was €0.0 Mil. Its Operating Income for the months ended in Jun. 2026 was €-12.5 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was €1,587.8 Mil.

Cogent Communications Holdings's Interest Coverage for the quarter that ended in Jun. 2026 is

GuruFocus does not calculate Cogent Communications Holdings's interest coverage with the available data.

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

Cogent Communications Holdings's Debt to Revenue Ratio for the quarter that ended in Jun. 2026 is

Debt to Revenue Ratio=Total Debt (Q: Jun. 2026 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(717.69176943934 + 1587.7932301233) / 810.37942863328
=2.84

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

Cogent Communications Holdings has a Z-score of 0.07, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.

Warning Sign:

Altman Z-score of 0.07 is in distress zone. This implies bankruptcy possibility in the next two years.

* 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 Financial Strength →
What does a Financial Strength of 1 mean?
Cogent Communications Holdings (FRA:OGM1) has a Financial Strength of 1 as of Jun. 2026. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Cogent Communications Holdings and its competitors. This is 67% below median its historical median of 3.00. Over the past decade, Cogent Communications Holdings' Financial Strength has ranged from 1.00 to 4.00.
Is Cogent Communications Holdings' Financial Strength too high?
Cogent Communications Holdings' current Financial Strength of 1 is 67% below median its 10-year median of 3.00. Over the past 10 years, this metric has ranged from a low of 1.00 to a high of 4.00. Overall, Cogent Communications Holdings has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cogent Communications Holdings' Financial Strength compare to ATNI and OPTU?
Cogent Communications Holdings' Financial Strength of 1 can be compared against companies in the Telecommunication Services industry. Historically, Cogent Communications Holdings' own Financial Strength has ranged from 1.00 to 4.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Financial Strength for a Telecommunication Services company?
A good Financial Strength depends on the Telecommunication Services industry context. However, Financial Strength should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Financial Strength mean?
A high Financial Strength can signal that a stock is expensive relative to its fundamentals. The financial strength rank measures the strength of a company's balance sheet based on revenue and debt. View historical data on Cogent Communications Holdings and its competitors. Cogent Communications Holdings's current Financial Strength is 1, which is 67% below median its own 10-year median of 3.00. 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 €43.86, compared to a current price of €7.31 — trading 83.3% below its estimated fair value. The current Financial Strength is 1, which is 67% below median its 10-year median of 3.00. Cogent Communications Holdings' overall GF Score™ is 56/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Financial Strength calculated?
Financial Strength is calculated from a company's financial statements. For Cogent Communications Holdings (FRA:OGM1), the current Financial Strength is 1 as of Jun. 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 €7.31 is trading 83.3% below its estimated GF Value™ of €43.86. GuruFocus considers Cogent Communications Holdings to be Possible Value Trap.

Key valuation signals for FRA:OGM1:

  • Financial Strength: 1 (67% below median its 10-year median of 3.00)
  • GF Value™: €43.86 vs. price of €7.31 (83.3% below fair value)
  • GF Score™: 56/100 with 7 warning signs

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 Communications Holdings Business Description

Other Exchanges CCOI:USA
Address 2450 N Street N.W, Washington, DC, USA, 20037
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.
56GF Score

Get the complete analysis for FRA:OGM1

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

€7.31
Price
€43.86
GF Value