Why is Rogers Communications, Inc. ?
1
High Management Efficiency with a high ROCE of 10.47%
2
Poor long term growth as Net Sales has grown by an annual rate of 7.82% and Operating profit at 8.61% over the last 5 years
3
Flat results in Jun 25
- NET PROFIT(Q) Lowest at CAD 336.81 MM
- EPS(Q) Lowest at CAD 0.29
4
With ROE of 16.57%, it has a very attractive valuation with a 1.86 Price to Book Value
- The stock is trading at a fair value compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of -9.75%, its profits have risen by 62.6% ; the PEG ratio of the company is 0.2
5
High Institutional Holdings at 64.43%
- These investors have better capability and resources to analyse fundamentals of companies than most retail investors.
- Their stake has increased by 2.49% over the previous quarter.
6
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -9.75% returns in the last 1 year, the stock has also underperformed S&P/TSX 60 in each of the last 3 annual periods
How much should you buy?
- Overall Portfolio exposure to Rogers Communications, Inc. should be less than 10%
- Overall Portfolio exposure to Telecom - Equipment & Accessories should be less than 30%
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Telecom - Equipment & Accessories)
When to exit? - We will constantly monitor the company and suggest at the appropriate time to exit from the stock
Is Rogers Communications, Inc. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
Rogers Communications, Inc.
3.35%
0.18
22.74%
S&P/TSX 60
19.1%
1.54
14.62%
Quality key factors
Factor
Value
Sales Growth (5y)
8.18%
EBIT Growth (5y)
8.89%
EBIT to Interest (avg)
2.99
Debt to EBITDA (avg)
3.79
Net Debt to Equity (avg)
4.18
Sales to Capital Employed (avg)
0.36
Tax Ratio
25.32%
Dividend Payout Ratio
61.59%
Pledged Shares
0
Institutional Holding
65.43%
ROCE (avg)
10.47%
ROE (avg)
16.46%
Valuation Key Factors 
Factor
Value
P/E Ratio
12
Industry P/E
Price to Book Value
1.95
EV to EBIT
11.57
EV to EBITDA
5.94
EV to Capital Employed
1.23
EV to Sales
2.79
PEG Ratio
0.20
Dividend Yield
0.04%
ROCE (Latest)
10.59%
ROE (Latest)
16.57%
Technical key factors
Indicator
Weekly
Monthly
MACD
Mildly Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Mildly Bullish
Mildly Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Mildly Bearish
Mildly Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
No Trend
Technical Movement
4What is working for the Company
OPERATING CASH FLOW(Y)
Highest at CAD 5,820 MM
DEBT-EQUITY RATIO
(HY)
Lowest at 342.62 %
-2What is not working for the Company
NET PROFIT(Q)
Lowest at CAD 336.81 MM
EPS(Q)
Lowest at CAD 0.29
Here's what is working for Rogers Communications, Inc.
Operating Cash Flow
Highest at CAD 5,820 MM and Grown
In each year in the last three yearsMOJO Watch
The company has generated higher cash revenues from business operations
Operating Cash Flows (CAD MM)
Debt-Equity Ratio
Lowest at 342.62 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Depreciation
Highest at CAD 1,215 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (CAD MM)
Here's what is not working for Rogers Communications, Inc.
Net Profit
Lowest at CAD 336.81 MM
in the last five periodsMOJO Watch
Near term Net Profit trend is negative
Net Profit (CAD MM)
EPS
Lowest at CAD 0.29
in the last five periodsMOJO Watch
Declining profitability; company has created lower earnings for shareholders
EPS (CAD)






