Cogeco CommunicationsFRA:COG -0.51%81 Return-on-Tangible-Asset is 8.56% as of Feb. 2026, which is 33% below its 10-year median of 12.74. GuruFocus rates FRA:COG with a GF Score™ of 81/100 and a GF Value™ of €38.83 (Fairly Valued). The stock has 6 warning signs investors should review. Among 364 Telecommunication Services companies, Cogeco Communications ranks better than 73.63% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Cogeco Communications's annualizedNet Income for the quarter that ended in Feb. 2026 was €198 Mil. Cogeco Communications's average total tangible assets for the quarter that ended in Feb. 2026 was €2,318 Mil. Therefore, Cogeco Communications's annualized Return-on-Tangible-Asset for the quarter that ended in Feb. 2026 was 8.56%.
The historical rank and industry rank for Cogeco Communications's Return-on-Tangible-Asset or its related term are showing as below:
FRA:COG'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -8.25 Med: 12.74 Max: 15.47
Current: 8.3
During the past 13 years, Cogeco Communications's highest Return-on-Tangible-Asset was 15.47%. The lowest was -8.25%. And the median was 12.74%.
FRA:COG's Return-on-Tangible-Asset is ranked better than 73.63% of 364
companies
in the Telecommunication Services industry
Industry Median: 3.47
vs FRA:COG: 8.30
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Cogeco Communications Return-on-Tangible-Asset Related Terms
Cogeco Communications Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Cogeco Communications's Return-on-Tangible-Asset 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.
FRA:COG vs TMUS, VZ, T: Return-on-Tangible-Asset Comparison
For the Telecom Services subindustry, Cogeco Communications's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-Asset 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 Return-on-Tangible-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Cogeco Communications's Return-on-Tangible-Asset 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 Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is four times the quarterly (Feb. 2026) net income data.
What does a Return-on-Tangible-Asset of 8.56% mean?
Cogeco Communications (FRA:COG) has a Return-on-Tangible-Asset of 8.56% as of Feb. 2026. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cogeco Communications and its competitors. This is 33% below median its historical median of 12.74. According to the industry distribution chart, Cogeco Communications ranks #96 out of 364 companies in the Telecommunication Services industry, placing it in the top 26.4%.
Is Cogeco Communications' Return-on-Tangible-Asset too high?
Cogeco Communications' current Return-on-Tangible-Asset of 8.56% is 33% below median its 10-year median of 12.74. The Telecommunication Services industry median Return-on-Tangible-Asset is 3.47. Cogeco Communications' value of 8.56% is 146.7% above this industry median. Based on the distribution chart, Cogeco Communications ranks #96 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Cogeco Communications has a GF Score™ of 81/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco Communications' Return-on-Tangible-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Cogeco Communications ranks #96 out of 364 companies for Return-on-Tangible-Asset. This puts Cogeco Communications in the upper half of its industry. The industry median Return-on-Tangible-Asset is 3.47. Cogeco Communications' value of 8.56% is 146.7% above this benchmark. While the company's 10-year median is 12.74 vs. the industry median of 3.47, 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 Return-on-Tangible-Asset for a Telecommunication Services company?
The median Return-on-Tangible-Asset among Telecommunication Services companies is 3.47, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cogeco Communications's current Return-on-Tangible-Asset of 8.56% is 146.7% 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Cogeco Communications and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Asset is 3.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogeco Communications's current Return-on-Tangible-Asset is 8.56%, which is 33% below median its own 10-year median of 12.74. 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 €38.83, compared to a current price of €39.00 — trading 0.4% above its estimated fair value. The current Return-on-Tangible-Asset is 8.56%, which is 33% below median its 10-year median of 12.74 and 146.7% above the Telecommunication Services industry median of 3.47. Cogeco Communications' overall GF Score™ is 81/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Cogeco Communications (FRA:COG), the current Return-on-Tangible-Asset is 8.56% as of Feb. 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 overvalued.
The current stock price of €39.00 is trading 0.4% above its estimated GF Value™ of €38.83.
GuruFocus considers Cogeco Communications to be Fairly Valued.
Key valuation signals for FRA:COG:
Return-on-Tangible-Asset: 8.56% (33% below median its 10-year median of 12.74)
GF Value™: €38.83 vs. price of €39.00 (0.4% above fair value)
Industry Position: 146.7% above the Telecommunication Services median (#96 of 364)
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 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.
81GF Score
Get the complete analysis for FRA:COG
Return-on-Tangible-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRA:COG has been successfully added to your 
