(RCI) Rogers Communications - Overview
Stock: Wireless, Cable, Media
EPS (Earnings per Share)
Revenue
Dividends
| Dividend Yield | 4.60% |
| Yield on Cost 5y | 4.61% |
| Yield CAGR 5y | -2.65% |
| Payout Consistency | 83.9% |
| Payout Ratio | 28.6% |
| Risk 5d forecast | |
|---|---|
| Volatility | 25.9% |
| Relative Tail Risk | 0.71% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | 1.45 |
| Alpha | 26.68 |
| Character TTM | |
|---|---|
| Beta | 0.126 |
| Beta Downside | 0.092 |
| Drawdowns 3y | |
|---|---|
| Max DD | 48.90% |
| CAGR/Max DD | -0.12 |
Description: RCI Rogers Communications December 19, 2025
Rogers Communications Inc. (NYSE:RCI) is a Canadian integrated communications and media firm operating three core segments: Wireless (mobile voice, data, IoT, and device services under Rogers, Fido, and chatr), Cable (high-speed internet, Wi-Fi, and smart-home solutions), and Media (broadcast TV, specialty channels, streaming platforms, and radio). The company also owns the Toronto Blue Jays, the Rogers Centre, and a suite of sports-focused TV networks, while offering financial products such as the Rogers World Elite Mastercard.
Key performance indicators from the most recent fiscal year show a **wireless subscriber base of ~10.9 million**, **cable broadband revenue growth of 4.2% YoY**, and **media segment EBITDA margin of roughly 30%**, reflecting the higher profitability of content assets. Rogers’ wireless ARPU (average revenue per user) remains above CAD 55, driven by premium data plans and device financing.
Sector drivers that materially affect Rogers include: (1) **5G rollout intensity**, which can boost wireless ARPU and device sales; (2) **Canadian regulatory caps on wholesale pricing**, influencing margin compression; and (3) **advertising spend trends in the media segment**, which are sensitive to macro-economic cycles and consumer confidence.
For a deeper quantitative view of Rogers’ valuation dynamics and scenario analysis, you might explore the data dashboards on ValueRay.
Piotroski VR‑10 (Strict, 0-10) 5.0
| Net Income: 6.93b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.02 > 0.02 and ΔFCF/TA 0.39 > 1.0 |
| NWC/Revenue: -28.37% < 20% (prev -20.56%; Δ -7.81% < -1%) |
| CFO/TA 0.06 > 3% & CFO 5.73b > Net Income 6.93b |
| Net Debt (45.22b) to EBITDA (14.66b): 3.08 < 3 |
| Current Ratio: 0.61 > 1.5 & < 3 |
| Outstanding Shares: last quarter (491.7m) vs 12m ago -10.13% < -2% |
| Gross Margin: 39.60% > 18% (prev 0.47%; Δ 3914 % > 0.5%) |
| Asset Turnover: 26.91% > 50% (prev 28.85%; Δ -1.95% > 0%) |
| Interest Coverage Ratio: 4.47 > 6 (EBITDA TTM 14.66b / Interest Expense TTM 2.19b) |
Altman Z'' 1.34
| A: -0.07 (Total Current Assets 9.48b - Total Current Liabilities 15.64b) / Total Assets 89.94b |
| B: 0.18 (Retained Earnings 16.06b / Total Assets 89.94b) |
| C: 0.12 (EBIT TTM 9.78b / Avg Total Assets 80.67b) |
| D: 0.37 (Book Value of Equity 24.27b / Total Liabilities 65.67b) |
| Altman-Z'' Score: 1.34 = BB |
Beneish M -2.69
| DSRI: 1.05 (Receivables 6.25b/5.65b, Revenue 21.71b/20.60b) |
| GMI: 1.18 (GM 39.60% / 46.68%) |
| AQI: 1.13 (AQ_t 0.60 / AQ_t-1 0.53) |
| SGI: 1.05 (Revenue 21.71b / 20.60b) |
| TATA: 0.01 (NI 6.93b - CFO 5.73b) / TA 89.94b) |
| Beneish M-Score: -2.69 (Cap -4..+1) = A |
What is the price of RCI shares?
Over the past week, the price has changed by -4.60%, over one month by -2.72%, over three months by -1.06% and over the past year by +40.39%.
Is RCI a buy, sell or hold?
- StrongBuy: 6
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 1
What are the forecasts/targets for the RCI price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | 41.5 | 15.1% |
| Analysts Target Price | 41.5 | 15.1% |
| ValueRay Target Price | 39.7 | 10% |
RCI Fundamental Data Overview February 02, 2026
P/E Forward = 10.4712
P/S = 0.9477
P/B = 1.558
P/EG = 0.9099
Revenue TTM = 21.71b USD
EBIT TTM = 9.78b USD
EBITDA TTM = 14.66b USD
Long Term Debt = 36.72b USD (from longTermDebt, two quarters ago)
Short Term Debt = 5.87b USD (from shortTermDebt, last quarter)
Debt = 46.57b USD (from shortLongTermDebtTotal, last quarter)
Net Debt = 45.22b USD (from netDebt column, last quarter)
Enterprise Value = 65.80b USD (20.58b + Debt 46.57b - CCE 1.34b)
Interest Coverage Ratio = 4.47 (Ebit TTM 9.78b / Interest Expense TTM 2.19b)
EV/FCF = 29.27x (Enterprise Value 65.80b / FCF TTM 2.25b)
FCF Yield = 3.42% (FCF TTM 2.25b / Enterprise Value 65.80b)
FCF Margin = 10.36% (FCF TTM 2.25b / Revenue TTM 21.71b)
Net Margin = 31.94% (Net Income TTM 6.93b / Revenue TTM 21.71b)
Gross Margin = 39.60% ((Revenue TTM 21.71b - Cost of Revenue TTM 13.11b) / Revenue TTM)
Gross Margin QoQ = 23.77% (prev 47.03%)
Tobins Q-Ratio = 0.73 (Enterprise Value 65.80b / Total Assets 89.94b)
Interest Expense / Debt = 1.18% (Interest Expense 547.6m / Debt 46.57b)
Taxrate = 24.87% (234.8m / 944.2m)
NOPAT = 7.35b (EBIT 9.78b * (1 - 24.87%))
Current Ratio = 0.61 (Total Current Assets 9.48b / Total Current Liabilities 15.64b)
Debt / Equity = 1.92 (Debt 46.57b / totalStockholderEquity, last quarter 24.27b)
Debt / EBITDA = 3.08 (Net Debt 45.22b / EBITDA 14.66b)
Debt / FCF = 20.12 (Net Debt 45.22b / FCF TTM 2.25b)
Total Stockholder Equity = 15.76b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.59% (Net Income 6.93b / Total Assets 89.94b)
RoE = 43.98% (Net Income TTM 6.93b / Total Stockholder Equity 15.76b)
RoCE = 18.63% (EBIT 9.78b / Capital Employed (Equity 15.76b + L.T.Debt 36.72b))
RoIC = 12.98% (NOPAT 7.35b / Invested Capital 56.58b)
WACC = 2.57% (E(20.58b)/V(67.14b) * Re(6.38%) + D(46.57b)/V(67.14b) * Rd(1.18%) * (1-Tc(0.25)))
Discount Rate = 6.38% (= CAPM, Blume Beta Adj.) -> floored to rf + 0.7*ERP = 7.95%
Shares Correlation 3-Years: -33.33 | Cagr: -3.60%
[DCF Debug] Terminal Value 87.23% ; FCFF base≈1.95b ; Y1≈2.15b ; Y5≈2.75b
Fair Price DCF = 83.85 (EV 81.20b - Net Debt 45.22b = Equity 35.98b / Shares 429.1m; r=5.90% [WACC]; 5y FCF grow 11.47% → 2.90% )
EPS Correlation: 73.66 | EPS CAGR: 14.80% | SUE: 4.0 | # QB: 1
Revenue Correlation: 88.27 | Revenue CAGR: 22.37% | SUE: 0.06 | # QB: 0
EPS next Quarter (2026-03-31): EPS=1.06 | Chg30d=-0.049 | Revisions Net=-3 | Analysts=10
EPS current Year (2026-12-31): EPS=4.93 | Chg30d=+0.019 | Revisions Net=-3 | Growth EPS=-1.8% | Growth Revenue=+3.8%
EPS next Year (2027-12-31): EPS=5.13 | Chg30d=+0.042 | Revisions Net=-3 | Growth EPS=+4.1% | Growth Revenue=+1.6%