Cogent Return On Equity from 2010 to 2024

CCOI Stock  USD 83.79  2.39  2.94%   
Cogent Communications' Return On Equity is increasing with slightly volatile movements from year to year. Return On Equity is estimated to finish at 2.19 this year. Return On Equity is a measure of the profitability of Cogent Communications Group in relation to the equity, calculated by dividing net income by shareholder's equity. View All Fundamentals
 
Return On Equity  
First Reported
2010-12-31
Previous Quarter
2.08912881
Current Value
2.19
Quarterly Volatility
0.79742146
 
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Covid
Check Cogent Communications financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cogent Communications' main balance sheet or income statement drivers, such as Depreciation And Amortization of 243.8 M, Interest Expense of 112.1 M or Selling General Administrative of 289.1 M, as well as many indicators such as Price To Sales Ratio of 2.89, Dividend Yield of 0.0314 or PTB Ratio of 6.21. Cogent financial statements analysis is a perfect complement when working with Cogent Communications Valuation or Volatility modules.
  
Check out the analysis of Cogent Communications Correlation against competitors.

Latest Cogent Communications' Return On Equity Growth Pattern

Below is the plot of the Return On Equity of Cogent Communications Group over the last few years. Return on Equity is the amount of Cogent Communications net income returned as a percentage of Cogent Communications equity. Return on equity measures Cogent Communications profitability by revealing how much profit Cogent Communications Group generates with the money shareholders have invested. It is a measure of the profitability of a business in relation to the equity, calculated by dividing net income by shareholder's equity. Cogent Communications' Return On Equity historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cogent Communications' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 0.110 Years Trend
Slightly volatile
   Return On Equity   
       Timeline  

Cogent Return On Equity Regression Statistics

Arithmetic Mean0.21
Geometric Mean0.12
Coefficient Of Variation372.08
Mean Deviation0.52
Median(0.03)
Standard Deviation0.80
Sample Variance0.64
Range2.589
R-Value0.54
Mean Square Error0.48
R-Squared0.30
Significance0.04
Slope0.1
Total Sum of Squares8.90

Cogent Return On Equity History

2024 2.19
2023 2.09
2022 -0.009922
2021 -0.13
2020 -0.0212
2019 -0.18
2018 -0.19

About Cogent Communications Financial Statements

Investors use fundamental indicators, such as Cogent Communications' Return On Equity, to determine how well the company is positioned to perform in the future. Although Cogent Communications' investors may analyze each financial statement separately, they are all interrelated. Understanding these patterns can help investors make the right trading decisions.
Last ReportedProjected for Next Year
Return On Equity 2.09  2.19 

Currently Active Assets on Macroaxis

When determining whether Cogent Communications offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Cogent Communications' financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Cogent Communications Group Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Cogent Communications Group Stock:
Check out the analysis of Cogent Communications Correlation against competitors.
You can also try the Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.
Is Diversified Telecommunication Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cogent Communications. If investors know Cogent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cogent Communications listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
228.092
Dividend Share
3.88
Earnings Share
0.69
Revenue Per Share
20.531
Quarterly Revenue Growth
(0.09)
The market value of Cogent Communications is measured differently than its book value, which is the value of Cogent that is recorded on the company's balance sheet. Investors also form their own opinion of Cogent Communications' value that differs from its market value or its book value, called intrinsic value, which is Cogent Communications' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cogent Communications' market value can be influenced by many factors that don't directly affect Cogent Communications' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cogent Communications' value and its price as these two are different measures arrived at by different means. Investors typically determine if Cogent Communications is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cogent Communications' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.