Rogers Communication Inc.
Find Ratings ReportsROGERS COMMUNICATIONS's gross profit margin for the fourth quarter of its fiscal year 2023 has increased when compared to the same period a year ago. Even though sales increased, the net income has decreased, representing a decrease to the bottom line. ROGERS COMMUNICATIONS has weak liquidity. Currently, the Quick Ratio is 0.68 which shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
At the same time, stockholders' equity ("net worth") has remained virtually unchanged only increasing by 3.44% from the same quarter last year. Overall, the key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the future.
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Income Statement | Q4 FY23 | Q4 FY22 |
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Net Sales ($mil) | 5335.0 | 4166.0 |
EBITDA ($mil) | 2329.0 | 1679.0 |
EBIT ($mil) | 1157.0 | 1031.0 |
Net Income ($mil) | 328.0 | 508.0 |
Balance Sheet | Q4 FY23 | Q4 FY22 |
---|---|---|
Cash & Equiv. ($mil) | 800.0 | 13300.0 |
Total Assets ($mil) | 69282.0 | 55655.0 |
Total Debt ($mil) | 45198.0 | 36746.0 |
Equity ($mil) | 10440.0 | 10092.0 |
Profitability | Q4 FY23 | Q4 FY22 |
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Gross Profit Margin | 43.66 | 40.3 |
EBITDA Margin | 43.65 | 40.3 |
Operating Margin | 21.69 | 24.75 |
Sales Turnover | 0.28 | 0.28 |
Return on Assets | 1.22 | 3.01 |
Return on Equity | 8.13 | 16.65 |
Debt | Q4 FY23 | Q4 FY22 |
---|---|---|
Current Ratio | 0.89 | 2.02 |
Debt/Capital | 0.81 | 0.78 |
Interest Expense | 597.0 | 428.0 |
Interest Coverage | 1.94 | 2.41 |
Share Data | Q4 FY23 | Q4 FY22 |
---|---|---|
Shares outstanding (mil) | 530.02 | 504.93 |
Div / share | 0.37 | 0.37 |
EPS | 0.62 | 1.0 |
Book value / share | 19.7 | 19.99 |
Institutional Own % | n/a | n/a |
Avg Daily Volume | 427710.0 | 369713.0 |
HOLD. The current P/E ratio indicates a premium compared to an average of 18.90 for the Telecommunications subsector and a value on par with the S&P 500 average of 27.95. To use another comparison, its price-to-book ratio of 2.16 indicates a significant discount versus the S&P 500 average of 4.68 and a premium versus the subsector average of 2.06. The price-to-sales ratio is well below both the S&P 500 average and the subsector average, indicating a discount. After reviewing these and other key valuation criteria, ROGERS COMMUNICATIONS proves to trade at a premium to investment alternatives.
Price/Earnings |
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Price/Cash Flow |
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RCI 26.28 | Peers 18.90 | RCI 4.32 | Peers 17.10 | |||||||||||||||||||||
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations. RCI is trading at a significant premium to its peers. |
Discount. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures. RCI is trading at a significant discount to its peers. |
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Price/Projected Earnings |
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Price to Earnings/Growth |
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RCI NA | Peers 10.66 | RCI NA | Peers 0.70 | |||||||||||||||||||||
Neutral. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth potential. Ratio not available. |
Neutral. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples. Ratio not available. |
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Price/Book |
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Earnings Growth |
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RCI 2.16 | Peers 2.06 | RCI -50.00 | Peers 102.71 | |||||||||||||||||||||
Average. A lower price-to-book ratio makes a stock more attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet. RCI is trading at a valuation on par with its peers. |
Lower. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios. However, RCI is expected to significantly trail its peers on the basis of its earnings growth rate. |
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Price/Sales |
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Sales Growth |
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RCI 1.17 | Peers 1.91 | RCI 25.40 | Peers 5.82 | |||||||||||||||||||||
Discount. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales. RCI is trading at a significant discount to its subsector on this measurement. |
Higher. A sales growth rate that exceeds the subsector implies that a company is gaining market share. RCI has a sales growth rate that significantly exceeds its peers. |
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