# Cogent Communications Holdings Inc. (CCOI) fundamentals

Data as of 2026-09-08. NASDAQ, United States. Sector: Communication Services / Diversified Telecommunication Services. Price $10.05, market value $515 million.

## Valuation
- **P/E (trailing): n/a** (negative earnings). Cogent Communications Holdings Inc. reported negative earnings over the last twelve months, so the P/E is not meaningful; use price-to-sales, EV/EBITDA and free-cash-flow yield instead.
- **Price / sales: 0.5×**. Each dollar of revenue is priced at 0.5×, a low multiple typical of thin-margin businesses or out-of-favour stocks.
- **EV / EBITDA: 6.9×**. Enterprise value is 6.9× operating earnings before depreciation, the multiple that ignores how the company is financed; below 8× is inexpensive for most sectors.
- **Free-cash-flow yield: -27.8%** (5-yr avg -4.1%). Free cash flow is negative: the business is consuming cash, which is normal for heavy investment phases but a warning otherwise.

## Profitability
- **Operating margin: 8.0%**. 8.0% of revenue is left after running the business.
- **Net margin: -18.7%**. The company reported a net loss over the last twelve months.
- **Return on equity: 285.3%**. A 285.3% return on equity is extremely high; check whether buybacks or debt have shrunk the equity base, which flatters the ratio.
- **Return on invested capital: 4.0%**. Return on all capital, debt included, is 4.0%: close to or below the cost of capital, so growth may not create value.
- **Return on assets: -1.5%**. Each dollar of assets produces -1.5% of profit.

## Growth
- **Revenue growth (1 yr): -5.8%** (3-yr 17.6%/yr, 5-yr 11.4%/yr). Revenue fell 5.8% over the last year, against 11.4% a year compounded over five years: growth is slowing.
- **EPS growth (1 yr): 11.2%**. Earnings per share rose 11.2%, faster than revenue, so margins expanded or the share count shrank.

## Financial health
- **Net debt / EBITDA: 5.2×**. It would take 5.2 years of operating earnings to repay net borrowings, above the 3× level most lenders treat as comfortable.
- **Altman Z-score: 0.28**. A Z-score of 0.28 is in the distress zone, a signal to examine the balance sheet closely.
- **Piotroski F-score: 2/9**. 2 of 9 checks pass: weak or deteriorating financials.

## Dividends
- **Dividend yield: 0.80%** ($1.07 per share, trailing). Cogent Communications Holdings Inc. yields 0.80%, a modest yield more typical of a growth-oriented payer.
- **Dividend growth (5 yr): 1.9%/yr** (1-yr -22.2%). The dividend has grown 1.9% a year over five years.

## Analyst view
- **Analyst consensus: hold** (11 analysts). 11 analysts cover Cogent Communications Holdings Inc.; the consensus is hold, with an average price target of $15.27 (+52% from the current price). Analyst opinion is shown for context; it is not part of the Fundamental Score.

## Price and momentum
- **Total return (1 yr): -72.5%** (YTD -53.3%, 3-mo -40.3%). The shares are down 72.5% over twelve months including dividends.
- **From 52-week high: -78.0%** (13.2% above the low). Trading 78% below its 52-week high, deep in a drawdown.
- **200-day average: below**. The price sits below its 200-day moving average, the usual definition of a downtrend.
- **RSI (14-day): 46**. An RSI of 46 is neutral.
- **Beta (1 yr): 1.70** (volatility 91%). Beta of 1.70 against the S&P 500: the shares move much more than the market.

Live score and charts: https://foliofundamentals.com/analyzer?s=CCOI · Page: https://foliofundamentals.com/stocks/ccoi

Not investment advice.