Cogeco Communications (STU:COG) Altman Z-Score: 1.09 (As of Jun. 27, 2026) — Near Median


STU:COG Cogeco Communications Inc STU:COG
77 GF Score
Price €39.80
GF Value €39.14
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is Cogeco Communications Altman Z-Score?

Cogeco Communications STU:COG +1.02% 77 Altman Z-Score is 1.09 as of Jun. 27, 2026, which is 3% below its 10-year median of 1.12. GuruFocus rates STU:COG with a GF Score™ of 77/100 and a GF Value™ of €39.14 (Fairly Valued). The stock has 6 warning signs investors should review. Among 366 Telecommunication Services companies, Cogeco Communications ranks worse than 70.22% 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 1.08 is in distress zone. This implies bankruptcy possibility in the next two years.

Cogeco Communications has a Altman Z-Score of 1.09, 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 Cogeco Communications's Altman Z-Score or its related term are showing as below:

STU:COG' s Altman Z-Score Range Over the Past 10 Years
Min: 0.9   Med: 1.12   Max: 1.71
Current: 1.08

During the past 13 years, Cogeco Communications's highest Altman Z-Score was 1.71. The lowest was 0.90. And the median was 1.12.


Cogeco Communications  (STU:COG) Altman Z-Score Explanation

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.

Read more about Altman Z-Score and the original research.


Be Aware

Altman Z-Score does not apply to financial companies.


Cogeco Communications Altman Z-Score Related Terms


Cogeco Communications Altman Z-Score Historical Data

* Premium members only.

The historical data trend for Cogeco Communications's Altman Z-Score 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 Altman Z-Score Chart

Cogeco Communications Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Altman Z-Score
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.63 1.13 1.12 1.02 1.08

Cogeco Communications Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Altman Z-Score 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 1.01 1.06 1.08 1.07 1.12

STU:COG vs TMUS, VZ, T: Altman Z-Score Comparison

For the Telecom Services subindustry, Cogeco Communications'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.


Cogeco Communications Altman Z-Score vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Cogeco Communications's Altman Z-Score distribution charts can be found below:

* The bar in red indicates where Cogeco Communications's Altman Z-Score falls into.


STU:COG
77GF Score
Cogeco Communications Inc STU:COG
Altman Z-Score is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cogeco Communications Altman Z-Score Calculation

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.

Cogeco Communications's Altman Z-Score for today is calculated with this formula:

Z=1.2*X1+1.4*X2+3.3*X3+0.6*X4+1.0*X5
=1.2*-0.0361+1.4*0.2333+3.3*0.0705+0.6*0.4563+1.0*0.2959
=1.09

* 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.

Trailing Twelve Months (TTM) ended in Feb. 2026:
Total Assets was €5,995 Mil.
Total Current Assets was €195 Mil.
Total Current Liabilities was €412 Mil.
Retained Earnings was €1,399 Mil.
Pre-Tax Income was 65.69 + 73.111 + 61.831 + 59.794 = €260 Mil.
Interest Expense was -39.005 + -38.701 + -42.243 + -42.502 = €-162 Mil.
Revenue was 429.918 + 435.237 + 441.232 + 467.377 = €1,774 Mil.
Market Cap (Today) was €1,676 Mil.
Total Liabilities was €3,672 Mil.

* Note that for stock reported semi-annually or annually, GuruFocus uses latest annual data as the TTM data.

X1=Working Capital/Total Assets
=(Total Current Assets - Total Current Liabilities)/Total Assets
=(195.456 - 412.047)/5995.39
=-0.0361

X2=Retained Earnings/Total Assets
=1398.658/5995.39
=0.2333

X3=Earnings Before Interest and Taxes/Total Assets
=(Pre-Tax Income - Interest Expense)/Total Assets
=(260.426 - -162.451)/5995.39
=0.0705

X4=Market Value Equity/Book Value of Total Liabilities
=Market Cap/Total Liabilities
=1675.580/3672
=0.4563

X5=Revenue/Total Assets
=1773.764/5995.39
=0.2959

The zones of discrimination were as such:

Distress Zones - 1.81 < Grey Zones < 2.99 - Safe Zones

Cogeco Communications has a Altman Z-Score of 1.09 indicating it is in Distress Zones.

Study by Altman found that companies that are in Distress Zone have more than 80% of chances of bankruptcy in two years.

Frequently Asked Questions Learn more about Altman Z-Score →
What does a Altman Z-Score of 1.09 mean?
Cogeco Communications (STU:COG) has a Altman Z-Score of 1.09 as of Jun. 27, 2026. The Altman Z-score measures a company's bankruptcy risk. View historical data on Cogeco Communications and its competitors. This is near median its historical median of 1.12. Over the past decade, Cogeco Communications' Altman Z-Score has ranged from 0.90 to 1.71. According to the industry distribution chart, Cogeco Communications ranks #257 out of 366 companies in the Telecommunication Services industry, placing it in the top 70.2%.
Is Cogeco Communications' Altman Z-Score too high?
Cogeco Communications' current Altman Z-Score of 1.09 is near median its 10-year median of 1.12. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.71. The Telecommunication Services industry median Altman Z-Score is 1.72. Cogeco Communications' value of 1.09 is 36.6% below this industry median. Based on the distribution chart, Cogeco Communications ranks #257 out of 366 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Cogeco Communications has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Cogeco Communications' Altman Z-Score compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Cogeco Communications ranks #257 out of 366 companies for Altman Z-Score. This places Cogeco Communications in the lower half of its industry. The industry median Altman Z-Score is 1.72. Cogeco Communications' value of 1.09 is 36.6% below this benchmark. Historically, Cogeco Communications' own Altman Z-Score has ranged from 0.90 to 1.71 over the past decade. While the company's 10-year median is 1.12 vs. the industry median of 1.72, Cogeco Communications 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 366 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. Cogeco Communications's current Altman Z-Score of 1.09 is 36.6% 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 Cogeco Communications 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. Cogeco Communications's current Altman Z-Score is 1.09, which is near median its own 10-year median of 1.12. 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 Altman Z-Score is 1.09, which is near median its 10-year median of 1.12 and 36.6% below the Telecommunication Services industry median of 1.72. Cogeco Communications' overall GF Score™ is 77/100 with 6 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 Cogeco Communications (STU:COG), the current Altman Z-Score is 1.09 as of Jun. 27, 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:

  • Altman Z-Score: 1.09 (near median its 10-year median of 1.12)
  • GF Value™: €39.14 vs. price of €39.80 (1.7% above fair value)
  • GF Score™: 77/100 with 6 warning signs
  • Industry Position: 36.6% below the Telecommunication Services median (#257 of 366)

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.
77GF Score

Get the complete analysis for STU:COG

Altman Z-Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€39.80
Price
€39.14
GF Value