Unternehmensübersicht
Cable One, Inc. operates within the United States as a provider of integrated data, video, and voice services for both residential and commercial clients, complementing its core offerings with Wi-Fi signal enhancement and specialized technology support. The company is classified under the Communication Services sector and specifically within the Telecom Services industry, positioning it as an essential infrastructure provider for broadband connectivity. According to the available data, Cable One reports a market capitalization of $540.05M and generates annual revenue of $1.50B (TTM), employing a workforce of 2592 individuals to deliver these services. These valuation and revenue figures indicate that the company currently functions as a mid-cap telecommunications entity with a significant operational footprint, yet its market cap suggests a relatively smaller market valuation compared to its substantial revenue base.
Finanzielle Gesundheit
The company's financial performance is characterized by a revenue of $1.50B (TTM) contrasted against a net income of $-356,459,008 (TTM), while maintaining an EBITDA of $728.19M. The substantial gap between the positive EBITDA and the negative net income reveals a cost structure heavily impacted by significant interest expenses or other non-operating costs that erode bottom-line profitability despite strong operational cash generation. Free cash flow stands at $192.40M, which provides the company with a degree of financial flexibility to fund operations or manage liquidity, although this must be weighed against existing obligations. Profitability analysis shows a gross margin of 73.9%, an operating margin of 25.1%, and a profit margin of -23.7%, indicating that while the core business model is highly efficient at generating revenue, the final bottom line is currently negative. The balance sheet shows cash reserves of $162.01M against total debt of $3.22B, resulting in a debt-to-equity ratio of 224.51, which signifies a highly leveraged financial position rather than a conservative one. Short-term liquidity is constrained, as evidenced by a current ratio of 0.40, suggesting that current assets are insufficient to cover current liabilities without relying on external financing or asset sales. Return metrics further highlight structural challenges, with a return on equity of -22.1% and a return on assets of 4.0%, indicating that management effectiveness in generating equity value is currently negative, although asset utilization yields a modest positive return.
Bewertungsanalyse
Valuation metrics present a complex picture, with a P/E Ratio (TTM) listed as N/A due to the negative earnings, while the forward P/E is 2.57, implying that the market prices in a significant turnaround in earnings trajectory to achieve positive profitability in the future. The price-to-book ratio is 0.37, indicating that the company's market price trades at a substantial discount to its book value, which often reflects market concerns regarding the high leverage or the negative net income. Alternative valuation multiples such as the price-to-sales ratio of 0.36 and an EV/EBITDA of 4.94 suggest that the market values the company based on revenue generation and operational cash flow potential rather than current profit multiples. The stock's trading range over the last 52 weeks spans from a low of $70.37 to a high of $277.96, and without a specific current price provided in the facts, the valuation context relies on these historical bounds to define the volatility envelope. The beta of 0.71 indicates that the stock exhibits lower volatility relative to the broader market, moving with less intensity than the overall index.
Growth & Income
Growth metrics reveal a revenue decline of -6.1% (YoY), while earnings growth is listed as N/A, reflecting the company's current loss-making status and the inability to calculate year-over-year earnings expansion. The absence of positive earnings growth relative to revenue highlights a period of contraction where the business is likely prioritizing market retention or cost restructuring over expansion. Regarding income generation, the company offers a dividend yield of 9.0% with a payout ratio of 457.4%, which is mathematically unsustainable given the negative net income, as the company is paying out more than its total earnings. This high payout ratio in the face of losses suggests the dividend is being funded from cash reserves or debt rather than retained earnings, posing a risk to future dividend continuity. The overall growth and income profile for Cable One is defined by revenue contraction and a dividend yield that does not align with fundamental earnings performance, creating a distinct risk-return asymmetry for holders relying on income.