Cogent Communications HoldingsFRA:OGM1 +0.65%62 Altman Z-Score is 0.12 as of Jun. 30, 2026, which is 93% below its 10-year median of 1.78. GuruFocus rates FRA:OGM1 with a GF Score™ of 62/100 and a GF Value™ of €53.19 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 364 Telecommunication Services companies, Cogent Communications Holdings ranks worse than 87.36% on this metric.
The Altman Z-Score is a model designed to predict the likelihood of a company going bankrupt within the next two years. Created by American finance professor Edward Altman in 1968, the model is specifically designed for publicly traded manufacturing companies with assets greater than $1 million.
Warning Sign:
Altman Z-score of 0.12 is in distress zone. This implies bankruptcy possibility in the next two years.
Cogent Communications Holdings has a Altman Z-Score of 0.12, indicating it is in Distress Zones. This implies bankrupcy possibility in the next two years.
The zones of discrimination were as such:
When Altman Z-Score <= 1.8, it is in Distress Zones.
When Altman Z-Score >= 3, it is in Safe Zones.
When Altman Z-Score is between 1.8 and 3, it is in Grey Zones.
The historical rank and industry rank for Cogent Communications Holdings's Altman Z-Score or its related term are showing as below:
FRA:OGM1'
s Altman Z-Score Range Over the Past 10 Years
Min: 0.12 Med: 1.78 Max: 2.56
Current: 0.12
During the past 13 years, Cogent Communications Holdings's highest Altman Z-Score was 2.56. The lowest was 0.12. And the median was 1.78.
X1: The Working Capital/Total Assets (WC/TA) ratio is a measure of the net liquid assets of the firm relative to the total capitalization. Working capital is defined as the difference between current assets and current liabilities. Ordinarily, a firm experiencing consistent operating losses will have shrinking current assets in relation to total assets. Altman found this one proved to be the most valuable liquidity ratio comparing with the current ratio and the quick ratio. This is however the least significant of the five factors.
X2: Retained Earnings/Total Assets: the RE/TA ratio measures the leverage of a firm. Retained earnings is the account which reports the total amount of reinvested earnings and/or losses of a firm over its entire life. Those firms with high RE, relative to TA, have financed their assets through retention of profits and have not utilized as much debt.
X3, Earnings Before Interest and Taxes/Total Assets (EBIT/TA): This ratio is a measure of the true productivity of the firm's assets, independent of any tax or leverage factors. Since a firm's ultimate existence is based on the earning power of its assets, this ratio appears to be particularly appropriate for studies dealing with corporate failure. This ratio continually outperforms other profitability measures, including cash flow.
X4, Market Value of Equity/Book Value of Total Liabilities (MVE/TL): The measure shows how much the firm's assets can decline in value (measured by market value of equity plus debt) before the liabilities exceed the assets and the firm becomes insolvent.
X5, Revenue/Total Assets (S/TA): The capital-turnover ratio is a standard financial ratio illustrating the sales generating ability of the firm's assets.
* 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:OGM1 vs OPTU, GLIBA, SHEN: Altman Z-Score Comparison
For the Telecom Services subindustry, Cogent Communications Holdings's Altman Z-Score, along with its competitors' market caps and Altman Z-Score 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.
Cogent Communications Holdings Altman Z-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Cogent Communications Holdings's Altman Z-Score distribution charts can be found below:
* The bar in red indicates where Cogent Communications Holdings's Altman Z-Score falls into.
Altman Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.
* 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. GuruFocus does not calculate Altman Z-Score when X4 or X5 value is 0.
Cogent Communications Holdings (FRA:OGM1) has a Altman Z-Score of 0.12 as of Jun. 30, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cogent Communications Holdings and its competitors. This is 93% below median its historical median of 1.78. Over the past decade, Cogent Communications Holdings' Altman Z-Score has ranged from 0.12 to 2.56. According to the industry distribution chart, Cogent Communications Holdings ranks #318 out of 364 companies in the Telecommunication Services industry, placing it in the top 87.4%.
Is Cogent Communications Holdings' Altman Z-Score too high?
Cogent Communications Holdings' current Altman Z-Score of 0.12 is 93% below median its 10-year median of 1.78. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 2.56. The Telecommunication Services industry median Altman Z-Score is 1.72. Cogent Communications Holdings' value of 0.12 is 93% below this industry median. Based on the distribution chart, Cogent Communications Holdings ranks #318 out of 364 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, Cogent Communications Holdings has a GF Score™ of 62/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Cogent Communications Holdings' Altman Z-Score compare to OPTU and GLIBA?
According to the Telecommunication Services industry distribution chart, Cogent Communications Holdings ranks #318 out of 364 companies for Altman Z-Score. This places Cogent Communications Holdings in the lower half of its industry. The industry median Altman Z-Score is 1.72. Cogent Communications Holdings' value of 0.12 is 93% below this benchmark. Historically, Cogent Communications Holdings' own Altman Z-Score has ranged from 0.12 to 2.56 over the past decade. While the company's 10-year median is 1.78 vs. the industry median of 1.72, Cogent Communications Holdings has consistently been below 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 Altman Z-Score for a Telecommunication Services company?
The median Altman Z-Score among Telecommunication Services companies is 1.72, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a Altman Z-Score significantly above this median, while those in the bottom quartile fall well below. However, Altman Z-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Cogent Communications Holdings's current Altman Z-Score of 0.12 is 93% below 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 Altman Z-Score mean?
A high Altman Z-Score can signal that a stock is expensive relative to its fundamentals. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cogent Communications Holdings and its competitors. For the Telecommunication Services industry, the median Altman Z-Score is 1.72 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cogent Communications Holdings's current Altman Z-Score is 0.12, which is 93% below median its own 10-year median of 1.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cogent Communications Holdings stock overvalued right now?
Based on GuruFocus' analysis, Cogent Communications Holdings (FRA:OGM1) is currently considered Possible Value Trap. The stock's GF Value™ is €53.19, compared to a current price of €10.78 — trading 79.7% below its estimated fair value. The current Altman Z-Score is 0.12, which is 93% below median its 10-year median of 1.78 and 93% below the Telecommunication Services industry median of 1.72. Cogent Communications Holdings' overall GF Score™ is 62/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Altman Z-Score calculated?
Altman Z-Score is calculated from a company's financial statements. For Cogent Communications Holdings (FRA:OGM1), the current Altman Z-Score is 0.12 as of Jun. 30, 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 Cogent Communications Holdings (FRA:OGM1) Overvalued in 2026?
Based on GuruFocus' analysis, Cogent Communications Holdings stock appears to be undervalued.
The current stock price of €10.78 is trading 79.7% below its estimated GF Value™ of €53.19.
GuruFocus considers Cogent Communications Holdings to be Possible Value Trap.
Key valuation signals for FRA:OGM1:
Altman Z-Score: 0.12 (93% below median its 10-year median of 1.78)
GF Value™: €53.19 vs. price of €10.78 (79.7% below fair value)
Industry Position: 93% below the Telecommunication Services median (#318 of 364)
No single metric tells the full story. See the FRA:OGM1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Cogent Communications Holdings Business Description
Cogent carries over one-fifth of the world's internet traffic on its network, providing high-capacity services to businesses. Cogent's corporate customers are in high-rise office buildings, where the firm provides two types of connections: dedicated internet access, which connects them to the internet, and virtual private networking, which offers an internal network for employees in different locations. Cogent's corporate customers are exclusively in North America and account for nearly half of the firm's revenue. Cogent's netcentric customers include internet service providers and content providers, to which Cogent provides internet transit. They hand traffic to Cogent in data centers and rely on Cogent to deliver it. About half of netcentric revenue is from outside the US.
62GF Score
Get the complete analysis for FRA:OGM1
Altman Z-Score 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:OGM1 has been successfully added to your 
