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.
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.
Richard Sloan from the University of Michigan was first to document what is referred to as the "accrual anomaly". His 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones.
Cogeco Communications's Sloan Ratio for the quarter that ended in May. 2026 was -19.60%.
As of May. 2026, Cogeco Communications has a Sloan Ratio of -19.60%, indicating there is a warning stage of accrual build up.
Cogeco Communications (FRA:COG) Sloan Ratio % Explanation
A former University of Michigan researcher, Richard Sloan's 1996 paper found that shares of companies with small or negative accruals vastly outperform (+10%) those of companies with large ones. In fact, for the 40-year period between 1962 and 2001, buying the lowest accrual companies and shorting the highest accrual companies resulted in an average annual compounded return of 18%, more than double the S&P 500's 7.4% annual return over the same period.
If the Sloan Ratio is between -10% and 10%, the company is in the safe zone and there is no funny business with accruals.
If the Sloan Ratio is less than between -25% and -10% on the negative side, and between 10% and 25% on the positive side, this is a warning stage of accrual build up.
If the Sloan Ratio is less than -25% or greater than 25%, and this ratio is consistent over several quarters or even years, be careful. Earnings are highly likely to be made up of accruals.
As of May. 2026, Cogeco Communications has a Sloan Ratio of -19.60%, indicating there is a warning stage of accrual build up.
Cogeco Communications Sloan Ratio % Related Terms
Cogeco Communications Sloan Ratio % Historical Data
* Premium members only.
The historical data trend for Cogeco Communications's Sloan Ratio % 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.
For the Telecom Services subindustry, Cogeco Communications's Sloan Ratio %, along with its competitors' market caps and Sloan Ratio % 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 Sloan Ratio % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Sloan Ratio % distribution charts can be found below:
* The bar in red indicates where Cogeco Communications's Sloan Ratio % falls into.
Earnings contain a lot of non cash earnings which is called accruals. The Sloan ratio is a way to identify firms with low non-cash or accrual-derived earnings relative to their cash flow.
Cogeco Communications's Sloan Ratio for the fiscal year that ended in Aug. 2025 is calculated as
Cogeco Communications's Net Income for the trailing twelve months (TTM) ended in May. 2026 was 48.203 (Aug. 2025 ) + 54.571 (Nov. 2025 ) + 49.593 (Feb. 2026 ) + -846.378 (May. 2026 ) = €-694 Mil.
Cogeco Communications's Cash Flow from Operations for the trailing twelve months (TTM) ended in May. 2026 was 165.078 (Aug. 2025 ) + 108.508 (Nov. 2025 ) + 105.724 (Feb. 2026 ) + 199.651 (May. 2026 ) = €579 Mil.
Cogeco Communications's Cash Flow from Investing for the trailing twelve months (TTM) ended in May. 2026 was -99.448 (Aug. 2025 ) + -97.613 (Nov. 2025 ) + -79.96 (Feb. 2026 ) + -79.625 (May. 2026 ) = €-357 Mil.
* 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 (FRA:COG) has a Sloan Ratio % of -19.60% as of May. 2026. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Cogeco Communications and its competitors.
Is Cogeco Communications' Sloan Ratio % too high?
Cogeco Communications' current Sloan Ratio % is -19.60%. 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' Sloan Ratio % compare to TMUS and VZ?
Cogeco Communications' Sloan Ratio % of -19.60% can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Sloan Ratio % for a Telecommunication Services company?
A good Sloan Ratio % depends on the Telecommunication Services industry context. However, Sloan Ratio % 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 Sloan Ratio % mean?
A high Sloan Ratio % can signal that a stock is expensive relative to its fundamentals. Sloan ratio measures earnings quality based on the amount of accruals. View historical data on Cogeco Communications and its competitors. Cogeco Communications's current Sloan Ratio % is -19.60%. 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 Sloan Ratio % is -19.60%. 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 Sloan Ratio % calculated?
Sloan Ratio % is calculated from a company's financial statements. For Cogeco Communications (FRA:COG), the current Sloan Ratio % is -19.60% 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:
Sloan Ratio %: -19.60%
GF Value™: €39.35 vs. price of €37.80 (3.9% below fair value)
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.
79GF Score
Get the complete analysis for FRA:COG
Sloan Ratio % 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 
