Cogeco Inc. (CGO) - Net Assets
Based on the latest financial reports, Cogeco Inc. (CGO) has net assets worth CA$3.66 Billion CAD (≈ $2.65 Billion USD) as of February 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$9.77 Billion ≈ $7.07 Billion USD) and total liabilities (CA$6.11 Billion ≈ $4.42 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Also explore CGO total assets for the complete picture of this company's asset base.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$3.66 Billion |
| % of Total Assets | 37.48% |
| Annual Growth Rate | 9.55% |
| 5-Year Change | 24.28% |
| 10-Year Change | 129.12% |
| Growth Volatility | 17.87 |
Cogeco Inc. - Net Assets Trend (1997–2025)
This chart illustrates how Cogeco Inc.'s net assets have evolved over time, based on quarterly financial data. Check tangible equity quality of Cogeco Inc. to evaluate the tangible quality of the company's equity base.
Annual Net Assets for Cogeco Inc. (1997–2025)
The table below shows the annual net assets of Cogeco Inc. from 1997 to 2025. For live valuation and market cap data, see CGO stock market capitalisation.
| Year | Net Assets | Change |
|---|---|---|
| 2025-08-31 | CA$3.59 Billion ≈ $2.60 Billion |
+6.28% |
| 2024-08-31 | CA$3.38 Billion ≈ $2.45 Billion |
-1.81% |
| 2023-08-31 | CA$3.44 Billion ≈ $2.49 Billion |
+5.31% |
| 2022-08-31 | CA$3.27 Billion ≈ $2.37 Billion |
+13.08% |
| 2021-08-31 | CA$2.89 Billion ≈ $2.09 Billion |
+6.85% |
| 2020-08-31 | CA$2.71 Billion ≈ $1.96 Billion |
+3.13% |
| 2019-08-31 | CA$2.62 Billion ≈ $1.90 Billion |
+10.17% |
| 2018-08-31 | CA$2.38 Billion ≈ $1.72 Billion |
+42.49% |
| 2017-08-31 | CA$1.67 Billion ≈ $1.21 Billion |
+6.58% |
| 2016-08-31 | CA$1.57 Billion ≈ $1.13 Billion |
-12.91% |
| 2015-08-31 | CA$1.80 Billion ≈ $1.30 Billion |
+17.00% |
| 2014-08-31 | CA$1.54 Billion ≈ $1.11 Billion |
+12.39% |
| 2013-08-31 | CA$1.37 Billion ≈ $990.59 Million |
+13.70% |
| 2012-08-31 | CA$1.20 Billion ≈ $871.25 Million |
+10.97% |
| 2011-08-31 | CA$1.09 Billion ≈ $785.14 Million |
-5.73% |
| 2010-08-31 | CA$1.15 Billion ≈ $832.88 Million |
+10.78% |
| 2009-08-31 | CA$1.04 Billion ≈ $751.83 Million |
-20.36% |
| 2008-08-31 | CA$1.30 Billion ≈ $944.00 Million |
+11.95% |
| 2007-08-31 | CA$1.17 Billion ≈ $843.22 Million |
+47.21% |
| 2006-08-31 | CA$791.86 Million ≈ $572.82 Million |
+6.69% |
| 2005-08-31 | CA$742.23 Million ≈ $536.92 Million |
-3.46% |
| 2004-08-31 | CA$768.87 Million ≈ $556.19 Million |
-7.38% |
| 2003-08-31 | CA$830.14 Million ≈ $600.51 Million |
+1.72% |
| 2002-08-31 | CA$816.11 Million ≈ $590.36 Million |
+10.60% |
| 2001-08-31 | CA$737.89 Million ≈ $533.78 Million |
+49.96% |
| 2000-08-31 | CA$492.06 Million ≈ $355.95 Million |
+1.54% |
| 1999-08-31 | CA$484.60 Million ≈ $350.55 Million |
+57.59% |
| 1998-08-31 | CA$307.50 Million ≈ $222.44 Million |
+10.02% |
| 1997-08-31 | CA$279.50 Million ≈ $202.19 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Cogeco Inc.'s total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 1184.2% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (August 2025)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | CA$749.95 Million | 86.91% |
| Common Stock | CA$55.15 Million | 6.39% |
| Other Comprehensive Income | CA$45.55 Million | 5.28% |
| Other Components | CA$12.30 Million | 1.43% |
| Total Equity | CA$862.95 Million | 100.00% |
Cogeco Inc. Competitors by Market Cap
The table below lists competitors of Cogeco Inc. ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Asia Cement (China) Holdings Corporation
F:4OJ
|
$331.56 Million |
|
PharmaSGP Holding SE
F:PSG
|
$331.56 Million |
|
Jahwa Electron
KO:033240
|
$331.60 Million |
|
Sidetrade
PA:ALBFR
|
$331.72 Million |
|
Beijing Infosec Technologies Co. Ltd. A
SHG:688201
|
$331.36 Million |
|
EUROSEAS LTD DL -01
F:2LE1
|
$331.36 Million |
|
Qingdao Richmat Intelligence Technology Co. Ltd. A
SHE:301320
|
$331.32 Million |
|
Bijou Brigitte modische Accessoires Aktiengesellschaft
XETRA:BIJ
|
$331.20 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Cogeco Inc.'s equity between the two most recent reporting periods.
Equity Growth Insights
- From 2024 to 2025, total equity changed from 810,437,000 to 862,951,000, a change of 52,514,000 (6.5%).
- Net income of 84,968,000 contributed positively to equity growth.
- Dividend payments of 34,685,000 reduced retained earnings.
- Share repurchases of 2,819,000 reduced equity.
- Other comprehensive income decreased equity by 11,472,000.
- Other factors increased equity by 16,522,000.
Equity Change Factors (2024 to 2025)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$84.97 Million | +9.85% |
| Dividends Paid | CA$34.69 Million | -4.02% |
| Share Repurchases | CA$2.82 Million | -0.33% |
| Other Comprehensive Income | CA$-11.47 Million | -1.33% |
| Other Changes | CA$16.52 Million | +1.91% |
| Total Change | CA$- | 6.48% |
Book Value vs Market Value Analysis
This analysis compares Cogeco Inc.'s book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 0.65x
- The company is trading below its book value, potentially indicating the market believes the assets are overvalued on the balance sheet or anticipates future losses.
- The price-to-book ratio has decreased from 5.77x to 0.65x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 1997-08-31 | CA$10.09 | CA$58.24 | x |
| 1998-08-31 | CA$11.40 | CA$58.24 | x |
| 1999-08-31 | CA$14.35 | CA$58.24 | x |
| 2000-08-31 | CA$15.10 | CA$58.24 | x |
| 2001-08-31 | CA$18.52 | CA$58.24 | x |
| 2002-08-31 | CA$19.44 | CA$58.24 | x |
| 2003-08-31 | CA$21.26 | CA$58.24 | x |
| 2004-08-31 | CA$19.93 | CA$58.24 | x |
| 2005-08-31 | CA$18.48 | CA$58.24 | x |
| 2006-08-31 | CA$19.20 | CA$58.24 | x |
| 2007-08-31 | CA$61.66 | CA$58.24 | x |
| 2008-08-31 | CA$25.14 | CA$58.24 | x |
| 2009-08-31 | CA$20.35 | CA$58.24 | x |
| 2010-08-31 | CA$22.72 | CA$58.24 | x |
| 2011-08-31 | CA$21.84 | CA$58.24 | x |
| 2012-08-31 | CA$23.63 | CA$58.24 | x |
| 2013-08-31 | CA$27.17 | CA$58.24 | x |
| 2014-08-31 | CA$30.53 | CA$58.24 | x |
| 2015-08-31 | CA$35.86 | CA$58.24 | x |
| 2016-08-31 | CA$32.77 | CA$58.24 | x |
| 2017-08-31 | CA$34.59 | CA$58.24 | x |
| 2018-08-31 | CA$42.51 | CA$58.24 | x |
| 2019-08-31 | CA$46.35 | CA$58.24 | x |
| 2020-08-31 | CA$47.46 | CA$58.24 | x |
| 2021-08-31 | CA$51.05 | CA$58.24 | x |
| 2022-08-31 | CA$57.83 | CA$58.24 | x |
| 2023-08-31 | CA$59.09 | CA$58.24 | x |
| 2024-08-31 | CA$71.59 | CA$58.24 | x |
| 2025-08-31 | CA$89.48 | CA$58.24 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Cogeco Inc. utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 9.85%
- The company has moderate efficiency in generating returns from equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 2.82%
- • Asset Turnover: 0.31x
- • Equity Multiplier: 11.34x
- Recent ROE (9.85%) is above the historical average (9.52%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 1997 | 10.80% | 6.70% | 0.29x | 5.65x | CA$1.37 Million |
| 1998 | 10.79% | 6.39% | 0.29x | 5.73x | CA$1.48 Million |
| 1999 | 22.37% | 14.82% | 0.31x | 4.85x | CA$29.42 Million |
| 2000 | 3.50% | 2.09% | 0.27x | 6.10x | CA$-15.82 Million |
| 2001 | 22.68% | 14.49% | 0.26x | 6.02x | CA$38.77 Million |
| 2002 | 11.78% | 7.60% | 0.27x | 5.81x | CA$6.11 Million |
| 2003 | 2.83% | 1.64% | 0.30x | 5.72x | CA$-25.10 Million |
| 2004 | -3.26% | -1.64% | 0.34x | 5.94x | CA$-43.10 Million |
| 2005 | -6.55% | -2.93% | 0.36x | 6.20x | CA$-50.07 Million |
| 2006 | 7.24% | 3.09% | 0.27x | 8.53x | CA$-8.82 Million |
| 2007 | 7.27% | 9.02% | 0.35x | 2.33x | CA$-31.88 Million |
| 2008 | 5.96% | 2.26% | 0.36x | 7.27x | CA$-16.99 Million |
| 2009 | -23.09% | -6.27% | 0.46x | 7.95x | CA$-112.53 Million |
| 2010 | 14.74% | 4.26% | 0.48x | 7.19x | CA$18.10 Million |
| 2011 | -2.46% | -0.62% | 0.50x | 7.93x | CA$-45.52 Million |
| 2012 | 19.37% | 5.48% | 0.45x | 7.80x | CA$37.27 Million |
| 2013 | 14.01% | 3.49% | 0.34x | 11.92x | CA$18.36 Million |
| 2014 | 13.17% | 3.23% | 0.39x | 10.44x | CA$16.28 Million |
| 2015 | 14.85% | 4.10% | 0.35x | 10.28x | CA$29.27 Million |
| 2016 | -5.35% | -1.27% | 0.42x | 10.03x | CA$-84.16 Million |
| 2017 | 18.84% | 4.64% | 0.43x | 9.51x | CA$51.13 Million |
| 2018 | 17.86% | 4.94% | 0.35x | 10.44x | CA$55.13 Million |
| 2019 | 18.97% | 5.86% | 0.34x | 9.44x | CA$67.69 Million |
| 2020 | 16.82% | 5.17% | 0.35x | 9.22x | CA$51.93 Million |
| 2021 | 17.37% | 5.45% | 0.35x | 9.23x | CA$60.19 Million |
| 2022 | 16.21% | 4.98% | 0.32x | 10.29x | CA$57.12 Million |
| 2023 | 7.63% | 2.29% | 0.31x | 10.66x | CA$-21.96 Million |
| 2024 | 11.94% | 3.15% | 0.31x | 12.06x | CA$15.70 Million |
| 2025 | 9.85% | 2.82% | 0.31x | 11.34x | CA$-1.33 Million |
Industry Comparison
This section compares Cogeco Inc.'s net assets metrics with peer companies in the Telecom Services industry.
Industry Context
- Industry: Telecom Services
- Average net assets among peers: $3,744,836,395
- Average return on equity (ROE) among peers: -17.59%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Cogeco Inc. (CGO) | CA$3.66 Billion | 10.80% | 1.67x | $331.48 Million |
| Adya Inc (ADYA) | $-1.84 Million | 0.00% | 0.00x | $6.32 Million |
| BCE Inc (BCE) | $17.33 Billion | 15.45% | 1.77x | $20.51 Billion |
| Cogeco Communications Inc (CCA) | $1.31 Billion | 10.21% | 1.31x | $1.28 Billion |
| Quebecor Inc (QBR-A) | $149.27 Million | 15.51% | 8.12x | $3.76 Billion |
| Quebecor Inc (QBR-B) | $652.00 Million | 23.28% | 13.23x | $7.07 Billion |
| Rogers Communications Inc (RCI-A) | $5.75 Billion | 24.04% | 4.08x | $3.94 Billion |
| Rogers Communications Inc (RCI-B) | $4.20 Billion | 14.81% | 2.36x | $14.73 Billion |
| Telus Corp (T) | $4.32 Billion | 8.09% | 0.81x | $15.11 Billion |
| TeraGo Inc. (TGO) | $4.92 Million | -269.74% | 9.97x | $31.98 Million |
About Cogeco Inc.
Cogeco Inc. operates in the communications and media sectors in Canada and the United States. The company operates in two segments, Canadian Telecommunications and American Telecommunications. It provides a range of Internet, video, and phone services through advanced fibre optic and two-way telecommunications distribution networks primarily to residential customers, as well as business services … Read more