Cogeco Communications (STU:COG) Scaled Net Operating Assets: 0.85 (As of Feb. 2026)


STU:COG Cogeco Communications Inc STU:COG
78 GF Score
Price €39.80
GF Value €39.14
Valuation Fairly Valued
! 6 Warning Signs
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What is Cogeco Communications Scaled Net Operating Assets?

Cogeco Communications STU:COG +1.02% 78 Scaled Net Operating Assets is 0.85 as of Feb. 2026. GuruFocus rates STU:COG with a GF Score™ of 78/100 and a GF Value™ of €39.14 (Fairly Valued). The stock has 6 warning signs investors should review.

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cogeco Communications's operating assets for the quarter that ended in Feb. 2026 was €5,962 Mil. Cogeco Communications's operating liabilities for the quarter that ended in Feb. 2026 was €845 Mil. Cogeco Communications's Total Assets for the quarter that ended in Nov. 2025 was €6,030 Mil. Therefore, Cogeco Communications's scaled net operating assets (SNOA) for the quarter that ended in Feb. 2026 was 0.85.


Cogeco Communications Scaled Net Operating Assets Historical Data

* Premium members only.

The historical data trend for Cogeco Communications's Scaled Net Operating Assets 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 Communications Scaled Net Operating Assets Chart

Cogeco Communications Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Scaled Net Operating Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 1.16 0.78 0.82 0.79

Cogeco Communications Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Scaled Net Operating Assets 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 0.87 0.77 0.81 0.85 0.85

STU:COG vs TMUS, VZ, T: Scaled Net Operating Assets Comparison

For the Telecom Services subindustry, Cogeco Communications's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets 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 Scaled Net Operating Assets vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Scaled Net Operating Assets distribution charts can be found below:

* The bar in red indicates where Cogeco Communications's Scaled Net Operating Assets falls into.


STU:COG
78GF Score
Cogeco Communications Inc STU:COG
Scaled Net Operating Assets is just one metric. See GF Score™, valuation, warning signs, and more.
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Cogeco Communications Scaled Net Operating Assets Calculation

Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.

Cogeco Communications's Scaled Net Operating Assets (SNOA) for the fiscal year that ended in Aug. 2025 is calculated as

Scaled Net Operating Assets (SNOA)(A: Aug. 2025 )
=(Operating Assets (A: Aug. 2025 )-Operating Liabilities (A: Aug. 2025 ))/Total Assets (A: Aug. 2024 )
=(5987.687-904.614)/6426.388
=0.79

where

Operating Assets(A: Aug. 2025 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=6034.477 - 46.79
=5987.687

Operating Liabilities(A: Aug. 2025 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3741.039 - 2808.401 - 28.024
=904.614

Cogeco Communications's Scaled Net Operating Assets (SNOA) for the quarter that ended in Feb. 2026 is calculated as

Scaled Net Operating Assets (SNOA)(Q: Feb. 2026 )
=(Operating Assets (Q: Feb. 2026 )-Operating Liabilities (Q: Feb. 2026 ))/Total Assets (Q: Nov. 2025 )
=(5961.606-845.459)/6029.663
=0.85

where

Operating Assets(Q: Feb. 2026 )
=Total Assets - Cash, Cash Equivalents, Marketable Securities
=5995.39 - 33.784
=5961.606

Operating Liabilities(Q: Feb. 2026 )
=Total Liabilities - Long-Term Debt & Capital Lease Obligation - Short-Term Debt & Capital Lease Obligation
=3672 - 2655.412 - 171.129
=845.459

* 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 Scaled Net Operating Assets of 0.85 mean?
Cogeco Communications (STU:COG) has a Scaled Net Operating Assets of 0.85 as of Feb. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cogeco Communications and its competitors.
Is Cogeco Communications' Scaled Net Operating Assets too high?
Cogeco Communications' current Scaled Net Operating Assets is 0.85. Overall, Cogeco Communications has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco Communications' Scaled Net Operating Assets compare to TMUS and VZ?
Cogeco Communications' Scaled Net Operating Assets of 0.85 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 Scaled Net Operating Assets for a Telecommunication Services company?
A good Scaled Net Operating Assets depends on the Telecommunication Services industry context. However, Scaled Net Operating Assets 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 Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on Cogeco Communications and its competitors. Cogeco Communications's current Scaled Net Operating Assets is 0.85. 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 (STU:COG) is currently considered Fairly Valued. The stock's GF Value™ is €39.14, compared to a current price of €39.80 — trading 1.7% above its estimated fair value. The current Scaled Net Operating Assets is 0.85. Cogeco Communications' overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For Cogeco Communications (STU:COG), the current Scaled Net Operating Assets is 0.85 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 (STU:COG) Overvalued in 2026?

Based on GuruFocus' analysis, Cogeco Communications stock appears to be overvalued. The current stock price of €39.80 is trading 1.7% above its estimated GF Value™ of €39.14. GuruFocus considers Cogeco Communications to be Fairly Valued.

Key valuation signals for STU:COG:

  • Scaled Net Operating Assets: 0.85
  • GF Value™: €39.14 vs. price of €39.80 (1.7% above fair value)
  • GF Score™: 78/100 with 6 warning signs

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


Cogeco Communications Business Description

Other Exchanges CGEAF:USACCA:Canada
Address 1 Place Ville Marie, Suite 3301, Montreal, QC, CAN, H3B 0B3
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.
78GF Score

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Scaled Net Operating Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€39.80
Price
€39.14
GF Value