Cogeco vs Rogers Which Is More Reliable?
Cogeco and Rogers are two of the leading telecommunications companies in Canada, each offering a range of services to consumers and businesses. Both companies have a strong presence in the market, with a loyal customer base and a solid financial performance. However, there are distinct differences between Cogeco and Rogers in terms of their business models, growth strategies, and market positioning. Investors looking to invest in the telecommunications sector may consider comparing the stocks of Cogeco and Rogers to make an informed decision.
Cogeco or Rogers?
When comparing Cogeco and Rogers, different investors may prioritize various metrics based on their investment strategies and goals. So, ask yourself what type of investor you are. This will guide you in determining which metrics are most important for your investment decision between Cogeco and Rogers.
Dividend Investors:
Dividend investors look for stable and growing income streams, using dividend metrics to assess potential investments. A company's dividend yield essentially measures the size of its dividend relative to the total market value of the company.
Cogeco has a dividend yield of 5.92%, while Rogers has a dividend yield of -%. Beyond the yield itself, considering the growth and sustainability of these dividends is also crucial. Cogeco reports a 5-year dividend growth of 19.03% year and a payout ratio of 38.61%. On the other hand, Rogers reports a 5-year dividend growth of 0.00% year and a payout ratio of 5.02%.
Value Investors:
Value investors focus on financial metrics to determine a stock's intrinsic value compared to its market value. The Price-to-Earnings (P/E) Ratio links stock price to a company's earnings per share, with Cogeco P/E ratio at 7.36 and Rogers's P/E ratio at 38.70. Another crucial valuation metric is the Price-to-Book (P/B) Ratio, which compares stock price with book value per share. Cogeco P/B ratio is 0.88 while Rogers's P/B ratio is 1.48.
Growth Investors:
Growth investors prioritize metrics indicative of a company's expansion potential. Focusing on top-line growth, Cogeco has seen a 5-year revenue growth of 0.27%, while Rogers's is 0.02%. Return on Equity (ROE) measures how effectively a company uses equity investment to generate earnings, with Cogeco's ROE at 11.51% and Rogers's ROE at 3.92%.
Retail Investors:
Retail investors often consider stock affordability and company familiarity. For example, day low prices are $42.91 for Cogeco and $102.18 for Rogers. Over the past year, Cogeco's prices ranged from $33.35 to $45.88, with a yearly change of 37.57%. Rogers's prices fluctuated between $96.10 and $138.85, with a yearly change of 44.48%. Brand recognition also plays a role, as familiarity with a company can influence investment decisions.