CGECF (Cogeco) Return-on-Tangible-Equity: Negative Tangible Equity% (As of Feb. 2026)


CGECF Cogeco Inc CGECF
69 GF Score
Price $44.10
GF Value $49.62
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Cogeco Return-on-Tangible-Equity?

Cogeco CGECF 69 Return-on-Tangible-Equity is Negative Tangible Equity% as of Feb. 2026. GuruFocus rates CGECF with a GF Score™ of 69/100 and a GF Value™ of $49.62 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 327 Telecommunication Services companies, Cogeco ranks better than 99.69% on this metric.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Cogeco's annualized net income for the quarter that ended in Feb. 2026 was $56 Mil. Cogeco's average shareholder tangible equity for the quarter that ended in Feb. 2026 was $-3,696 Mil. Therefore, Cogeco's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 was Negative Tangible Equity%.

The historical rank and industry rank for Cogeco's Return-on-Tangible-Equity or its related term are showing as below:

CGECF' s Return-on-Tangible-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0
Current: Negative Tangible Equity

CGECF's Return-on-Tangible-Equity is ranked better than
99.69% of 327 companies
in the Telecommunication Services industry
Industry Median: 13.99 vs CGECF: Negative Tangible Equity

Cogeco  (OTCPK:CGECF) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Cogeco Return-on-Tangible-Equity Related Terms


Cogeco Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Cogeco's Return-on-Tangible-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 Return-on-Tangible-Equity Chart

Cogeco Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

Cogeco Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Return-on-Tangible-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 Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity Negative Tangible Equity

CGECF vs TMUS, VZ, T: Return-on-Tangible-Equity Comparison

For the Telecom Services subindustry, Cogeco's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-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 Return-on-Tangible-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Cogeco's Return-on-Tangible-Equity falls into.


CGECF
69GF Score
Cogeco Inc CGECF
Return-on-Tangible-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Cogeco Return-on-Tangible-Equity Calculation

Cogeco's annualized Return-on-Tangible-Equity for the fiscal year that ended in Aug. 2025 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Aug. 2025 )  (A: Aug. 2024 )(A: Aug. 2025 )
=61.584/( (-3778.849+-3724.083 )/ 2 )
=61.584/-3751.466
=Negative Tangible Equity %

Cogeco's annualized Return-on-Tangible-Equity for the quarter that ended in Feb. 2026 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Feb. 2026 )  (Q: Nov. 2025 )(Q: Feb. 2026 )
=55.58/( (-3680.046+-3711.892)/ 2 )
=55.58/-3695.969
=Negative Tangible Equity %

* 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-Equity, the net income of the last fiscal year and the average total shareholder tangible equity 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. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of Negative Tangible Equity% mean?
Cogeco (CGECF) has a Return-on-Tangible-Equity of Negative Tangible Equity% as of Feb. 2026. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cogeco and its competitors. According to the industry distribution chart, Cogeco ranks #1 out of 327 companies in the Telecommunication Services industry, placing it in the top 0.3%.
Is Cogeco's Return-on-Tangible-Equity too high?
Cogeco's current Return-on-Tangible-Equity is Negative Tangible Equity%. Based on the distribution chart, Cogeco ranks #1 out of 327 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Cogeco has a GF Score™ of 69/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Cogeco's Return-on-Tangible-Equity compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Cogeco ranks #1 out of 327 companies for Return-on-Tangible-Equity. This places Cogeco in the top 0% of its industry — outperforming the majority of peers. The industry median Return-on-Tangible-Equity is 13.99. 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-Equity for a Telecommunication Services company?
The median Return-on-Tangible-Equity among Telecommunication Services companies is 13.99, based on 327 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Equity significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Cogeco and its competitors. For the Telecommunication Services industry, the median Return-on-Tangible-Equity is 13.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogeco's current Return-on-Tangible-Equity is Negative Tangible Equity%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogeco stock overvalued right now?
Based on GuruFocus' analysis, Cogeco (CGECF) is currently considered Modestly Undervalued. The stock's GF Value™ is $49.62, compared to a current price of $44.10 — trading 11.1% below its estimated fair value. The current Return-on-Tangible-Equity is Negative Tangible Equity%. Cogeco's overall GF Score™ is 69/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Cogeco (CGECF), the current Return-on-Tangible-Equity is Negative Tangible Equity% 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 (CGECF) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco stock appears to be undervalued. The current stock price of $44.10 is trading 11.1% below its estimated GF Value™ of $49.62. GuruFocus considers Cogeco to be Modestly Undervalued.

Key valuation signals for CGECF:

  • Return-on-Tangible-Equity: Negative Tangible Equity%
  • GF Value™: $49.62 vs. price of $44.10 (11.1% below fair value)
  • GF Score™: 69/100 with 5 warning signs

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


Cogeco Business Description

Other Exchanges CGO:Canada
Address 1 Place Ville Marie, Bureau 3301, Montreal, QC, CAN, H3B 3N2
Cogeco Inc is a telecommunications company. The company has two operating segments: Canadian telecommunications, American telecommunications. The Canadian and American telecommunications segments provide a wide range of Internet, video, and telephony services to residential customers, as well as business services across their coverage areas. Cogeco Connexion carries out the Canadian telecommunications segment activities in the provinces of Quebec and Ontario, and the American telecommunications segment activities are carried out by Atlantic Broadband in 12 states. It derives maximum revenue from Canadian telecommunications segment.
69GF Score

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

$44.10
Price
$49.62
GF Value