Cogeco CommunicationsFRA:COG +1.03%82 ROC (Joel Greenblatt) % is 20.69% as of Feb. 2026, which is 20% below its 10-year median of 25.93. GuruFocus rates FRA:COG with a GF Score™ of 82/100 and a GF Value™ of €38.37 (Fairly Valued). The stock has 6 warning signs investors should review. Among 364 Telecommunication Services companies, Cogeco Communications ranks better than 60.16% on this metric.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits). He defines ROC (Joel Greenblatt) % as EBIT divided by the total of Property, Plant and Equipment and net working capital. Cogeco Communications's annualized ROC (Joel Greenblatt) % for the quarter that ended in Feb. 2026 was 20.69%.
The historical rank and industry rank for Cogeco Communications's ROC (Joel Greenblatt) % or its related term are showing as below:
FRA:COG'
s ROC (Joel Greenblatt) % Range Over the Past 10 Years
Min: 0.48 Med: 25.93 Max: 32.55
Current: 20.49
During the past 13 years, Cogeco Communications's highest ROC (Joel Greenblatt) % was 32.55%. The lowest was 0.48%. And the median was 25.93%.
FRA:COG's ROC (Joel Greenblatt) % is ranked better than 60.16% of 364
companies
in the Telecommunication Services industry
Industry Median: 14.97
vs FRA:COG: 20.49
Cogeco Communications's 5-Year average Growth Rate of ROC (Joel Greenblatt) % was -9.30% per year.
The way Joel Greenblatt defines Return on Capital is a more accurate measure of how efficiently the company generates returns onthe capital actually invested in the business. EBIT is used instead of net income because the tax and interest payment may be affected by factors other than the core business operation. Intangible assets are not included in the calculation because they don't need to be replaced.
Cogeco Communications ROC (Joel Greenblatt) % Related Terms
Cogeco Communications ROC (Joel Greenblatt) % Historical Data
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The historical data trend for Cogeco Communications's ROC (Joel Greenblatt) % 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: ROC (Joel Greenblatt) % Comparison
For the Telecom Services subindustry, Cogeco Communications's ROC (Joel Greenblatt) %, along with its competitors' market caps and ROC (Joel Greenblatt) % 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 ROC (Joel Greenblatt) % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's ROC (Joel Greenblatt) % distribution charts can be found below:
* The bar in red indicates where Cogeco Communications's ROC (Joel Greenblatt) % falls into.
Joel Greenblatt defined Return on Capital differently in his book The Little Book That Still Beats the Market (Little Books. Big Profits) . He defines Return on Capital as follows:
EBIT stands for Earnings Before Interest and Taxes.
Fixed Assets are also known as non-current assets. They include the Property, Plant and Equipment that the firm needs in its operation.
GuruFocus calculates net working capital as: (Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Deferred Revenue + Other Current Liabilities). We're trying to account for OPERATING assets and liabilities (part of daily business) when calculating working capital. Cash and marketable securities are considered NON-OPERATING assets and are not included in calculation. We will also back out all interest bearing debt, short term debt and the portion of long term debt that is due in the current period from the current liabilities. This debt will be considered when computing cost of capital and it would be inappropriate to count it twice.
Note:
The EBIT data used here is four times the quarterly (Feb. 2026) EBIT 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.
What does a ROC (Joel Greenblatt) % of 20.69% mean?
Cogeco Communications (FRA:COG) has a ROC (Joel Greenblatt) % of 20.69% as of Feb. 2026. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Cogeco Communications and its competitors. This is 20% below median its historical median of 25.93. Over the past decade, Cogeco Communications' ROC (Joel Greenblatt) % has ranged from 0.48 to 32.55. According to the industry distribution chart, Cogeco Communications ranks #145 out of 364 companies in the Telecommunication Services industry, placing it in the top 39.8%.
Is Cogeco Communications' ROC (Joel Greenblatt) % too high?
Cogeco Communications' current ROC (Joel Greenblatt) % of 20.69% is 20% below median its 10-year median of 25.93. Over the past 10 years, this metric has ranged from a low of 0.48 to a high of 32.55. The Telecommunication Services industry median ROC (Joel Greenblatt) % is 14.97. Cogeco Communications' value of 20.69% is 38.2% above this industry median. Based on the distribution chart, Cogeco Communications ranks #145 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Cogeco Communications has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco Communications' ROC (Joel Greenblatt) % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Cogeco Communications ranks #145 out of 364 companies for ROC (Joel Greenblatt) %. This puts Cogeco Communications in the upper half of its industry. The industry median ROC (Joel Greenblatt) % is 14.97. Cogeco Communications' value of 20.69% is 38.2% above this benchmark. Historically, Cogeco Communications' own ROC (Joel Greenblatt) % has ranged from 0.48 to 32.55 over the past decade. While the company's 10-year median is 25.93 vs. the industry median of 14.97, 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 ROC (Joel Greenblatt) % for a Telecommunication Services company?
The median ROC (Joel Greenblatt) % among Telecommunication Services companies is 14.97, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a ROC (Joel Greenblatt) % significantly above this median, while those in the bottom quartile fall well below. However, ROC (Joel Greenblatt) % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cogeco Communications's current ROC (Joel Greenblatt) % of 20.69% is 38.2% 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 ROC (Joel Greenblatt) % mean?
A high ROC (Joel Greenblatt) % can signal that a stock is expensive relative to its fundamentals. Joel Greenblatt's return on capital is the ratio of EBIT to average fixed assets and net working capital. View historical data on Cogeco Communications and its competitors. For the Telecommunication Services industry, the median ROC (Joel Greenblatt) % is 14.97 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogeco Communications's current ROC (Joel Greenblatt) % is 20.69%, which is 20% below median its own 10-year median of 25.93. 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 €38.37, compared to a current price of €39.40 — trading 2.7% above its estimated fair value. The current ROC (Joel Greenblatt) % is 20.69%, which is 20% below median its 10-year median of 25.93 and 38.2% above the Telecommunication Services industry median of 14.97. Cogeco Communications' overall GF Score™ is 82/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROC (Joel Greenblatt) % calculated?
ROC (Joel Greenblatt) % is calculated from a company's financial statements. For Cogeco Communications (FRA:COG), the current ROC (Joel Greenblatt) % is 20.69% 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 €39.40 is trading 2.7% above its estimated GF Value™ of €38.37.
GuruFocus considers Cogeco Communications to be Fairly Valued.
Key valuation signals for FRA:COG:
ROC (Joel Greenblatt) %: 20.69% (20% below median its 10-year median of 25.93)
GF Value™: €38.37 vs. price of €39.40 (2.7% above fair value)
Industry Position: 38.2% above the Telecommunication Services median (#145 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.
82GF Score
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