(RCI) Rogers Communications - Overview
Sector: Communication Services | Industry: Telecom Services | Exchange: NYSE (USA) | Market Cap: 19.772m USD | Total Return: 51.9% in 12m
Avg Turnover: 30.2M
EPS Trend: 82.6%
Qual. Beats: 0
Rev. Trend: 84.4%
Qual. Beats: 0
Warnings
Earnings expected to drop: P/E 3.9 → Forward 10.4
Tailwinds
No distinct edge detected
Rogers Communications Inc. is a diversified Canadian communications and media enterprise headquartered in Toronto. The company operates through three primary segments: Wireless, Cable, and Media. Its core business provides mobile voice and data services under the Rogers, Fido, and chatr brands, alongside wireline internet, IP-based television, and smart home monitoring solutions for residential and business clients.
The company maintains a significant presence in the Canadian sports and entertainment landscape, owning the Toronto Blue Jays baseball team and the Rogers Centre. Its media portfolio includes the Sportsnet and Citytv networks, as well as a range of radio stations and financial services through its Mastercard offerings. In the Canadian telecommunications sector, providers often operate as integrated players, leveraging high-capital infrastructure to bundle wireless and wireline services to reduce customer churn.
For more detailed financial metrics and valuation analysis, consider exploring the data available on ValueRay.
Rogers continues to expand its technological footprint through satellite-to-mobile services and Internet of Things (IoT) solutions. This vertical integration allows the firm to capture revenue across the entire consumer digital lifecycle, from mobile connectivity to content creation and distribution.
- Synergies from Shaw merger integration drive margin expansion and free cash flow
- Wireless subscriber growth and ARPU stability sustain core mobile revenue
- High leverage ratios necessitate aggressive debt reduction to maintain credit ratings
- Regulatory scrutiny of Canadian telecom competition impacts pricing power and acquisitions
- Media segment performance relies on Toronto Blue Jays and sports broadcasting rights
| Net Income: 7.09b TTM > 0 and > 6% of Revenue |
| FCF/TA: 0.03 > 0.02 and ΔFCF/TA 0.58 > 1.0 |
| NWC/Revenue: -34.01% < 20% (prev -0.14%; Δ -33.87% < -1%) |
| CFO/TA 0.07 > 3% & CFO 5.91b > Net Income 7.09b |
| Net Debt (46.7b) to EBITDA (14.9b): 3.13 < 3 |
| Current Ratio: 0.55 > 1.5 & < 3 |
| Outstanding Shares: last quarter (543.0m) vs 12m ago 0.74% < -2% |
| Gross Margin: 39.19% > 18% (prev 0.47%; Δ 3.87k% > 0.5%) |
| Asset Turnover: 27.23% > 50% (prev 28.28%; Δ -1.05% > 0%) |
| Interest Coverage Ratio: 4.63 > 6 (EBITDA TTM 14.9b / Interest Expense TTM 2.15b) |
| A: -0.08 (Total Current Assets 9.37b - Total Current Liabilities 16.9b) / Total Assets 90.2b |
| B: 0.19 (Retained Earnings 16.7b / Total Assets 90.2b) |
| C: 0.12 (EBIT TTM 9.97b / Avg Total Assets 81.7b) |
| D: 0.27 (Book Value of Equity 18.0b / Total Liabilities 65.8b) |
| Altman-Z'' = 1.16 = BB |
| DSRI: 1.01 (Receivables 5.82b/5.34b, Revenue 22.2b/20.7b) |
| GMI: 1.19 (GM 39.19% / 46.70%) |
| AQI: 1.16 (AQ_t 0.60 / AQ_t-1 0.52) |
| SGI: 1.08 (Revenue 22.2b / 20.7b) |
| TATA: 0.01 (NI 7.09b - CFO 5.91b) / TA 90.2b) |
| Beneish M = -2.68 (Cap -4..+1) = A |
As of May 29, 2026, the stock is trading at USD 38.25 with a total of 1,009,727 shares traded.
Over the past week, the price has changed by +5.87%,
over one month by +6.07%,
over three months by -3.33% and
over the past year by +51.90%.
Rogers Communications has received a consensus analysts rating of 4.00. Therefore, it is recommended to buy RCI.
- StrongBuy: 6
- Buy: 7
- Hold: 3
- Sell: 0
- StrongSell: 1
| Analysts Target Price | 41 | 7.2% |
P/E Trailing = 3.8608
P/E Forward = 10.4384
P/S = 0.8899
P/B = 1.5124
P/EG = 0.8618
Revenue TTM = 22.2b USD
EBIT TTM = 9.97b USD
EBITDA TTM = 14.9b USD
Long Term Debt = 34.7b USD (from longTermDebt, last quarter)
Short Term Debt = 7.57b USD (from shortTermDebt, last quarter)
Debt = 48.1b USD (from shortLongTermDebtTotal, last quarter) + Leases 3.20b
Net Debt = 46.7b USD (calculated: Debt 48.1b - CCE 1.39b)
Enterprise Value = 66.5b USD (19.8b + Debt 48.1b - CCE 1.39b)
Interest Coverage Ratio = 4.63 (Ebit TTM 9.97b / Interest Expense TTM 2.15b)
EV/FCF = 25.42x (Enterprise Value 66.5b / FCF TTM 2.62b)
FCF Yield = 3.93% (FCF TTM 2.62b / Enterprise Value 66.5b)
FCF Margin = 11.77% (FCF TTM 2.62b / Revenue TTM 22.2b)
Net Margin = 31.90% (Net Income TTM 7.09b / Revenue TTM 22.2b)
Gross Margin = 39.19% ((Revenue TTM 22.2b - Cost of Revenue TTM 13.5b) / Revenue TTM)
Gross Margin QoQ = 20.85% (prev 43.57%)
Tobins Q-Ratio = 0.74 (Enterprise Value 66.5b / Total Assets 90.2b)
Interest Expense / Debt = 4.47% (Interest Expense 2.15b / Debt 48.1b)
Taxrate = 26.41% (173.4m / 656.7m)
NOPAT = 7.34b (EBIT 9.97b * (1 - 26.41%))
Current Ratio = 0.55 (Total Current Assets 9.37b / Total Current Liabilities 16.9b)
Debt / Equity = 2.67 (Debt 48.1b / totalStockholderEquity, last quarter 18.0b)
Debt / EBITDA = 3.13 (Net Debt 46.7b / EBITDA 14.9b)
Debt / FCF = 17.87 (Net Debt 46.7b / FCF TTM 2.62b)
Total Stockholder Equity = 16.0b (last 4 quarters mean from totalStockholderEquity)
RoA = 8.69% (Net Income 7.09b / Total Assets 90.2b)
RoE = 44.38% (Net Income TTM 7.09b / Total Stockholder Equity 16.0b)
RoCE = 19.66% (EBIT 9.97b / Capital Employed (Equity 16.0b + L.T.Debt 34.7b))
RoIC = 9.08% (NOPAT 7.34b / Invested Capital 80.8b)
WACC = 4.28% (E(19.8b)/V(67.9b) * Re(6.70%) + D(48.1b)/V(67.9b) * Rd(4.47%) * (1-Tc(0.26)))
Discount Rate = 6.70% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 73.61 | Cagr: 1.16%
[DCF] Terminal Value 77.97% ; FCFF base≈2.25b ; Y1≈2.58b ; Y5≈3.79b
[DCF] Fair Price = 24.02 (EV 57.0b - Net Debt 46.7b = Equity 10.3b / Shares 429.1m; r=8.35% [WACC [floored]]; 5y FCF grow 15.0% → 2.50% )
EPS Correlation: 82.57 | EPS CAGR: 6.25% | SUE: -0.08 | # QB: 0
Revenue Correlation: 84.43 | Revenue CAGR: 17.89% | SUE: 0.08 | # QB: 0
EPS current Quarter (2026-06-30): EPS=1.16 | Chg30d=+1.71% | Revisions=-14% | Analysts=12
EPS next Quarter (2026-09-30): EPS=1.30 | Chg30d=+1.55% | Revisions=-14% | Analysts=11
EPS current Year (2026-12-31): EPS=4.85 | Chg30d=+0.08% | Revisions=+12% | GrowthEPS=-3.4% | GrowthRev=+3.8%
EPS next Year (2027-12-31): EPS=5.05 | Chg30d=-0.65% | Revisions=-12% | GrowthEPS=+4.1% | GrowthRev=+1.3%
[Analyst] Revisions Ratio: -14%