Cable One, Inc. (CABO)

NYSE: CABO · IEX Real-Time Price · USD
419.50
-5.48 (-1.29%)
Mar 28, 2024, 12:09 PM EDT - Market open

Total Valuation

Cable One has a market cap or net worth of $2.39 billion. The enterprise value is $5.84 billion.

Market Cap 2.39B
Enterprise Value 5.84B

Important Dates

The next estimated earnings date is Thursday, May 2, 2024, after market close.

Earnings Date May 2, 2024
Ex-Dividend Date Feb 16, 2024

Share Statistics

Cable One has 5.62 million shares outstanding. The number of shares has decreased by -3.99% in one year.

Shares Outstanding 5.62M
Shares Change (YoY) -3.99%
Shares Change (QoQ) -0.03%
Owned by Insiders (%) 10.42%
Owned by Institutions (%) 91.39%
Float 5.02M

Valuation Ratios

The trailing PE ratio is 9.30 and the forward PE ratio is 9.94. Cable One's PEG ratio is 5.11.

PE Ratio 9.30
Forward PE 9.94
PS Ratio 1.42
Forward PS 1.44
PB Ratio 1.28
P/FCF Ratio 8.05
PEG Ratio 5.11
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 6.72, with an EV/FCF ratio of 19.70.

EV / Earnings 21.85
EV / Sales 3.48
EV / EBITDA 6.72
EV / EBIT 11.08
EV / FCF 19.70

Financial Position

The company has a current ratio of 1.69, with a Debt / Equity ratio of 1.95.

Current Ratio 1.69
Quick Ratio 1.40
Debt / Equity 1.95
Debt / EBITDA 4.19
Debt / FCF 12.29
Interest Coverage 3.10

Financial Efficiency

Return on equity (ROE) is 14.90% and return on invested capital (ROIC) is 7.15%.

Return on Equity (ROE) 14.90%
Return on Assets (ROA) 3.90%
Return on Capital (ROIC) 7.15%
Revenue Per Employee $560,669
Profits Per Employee $89,354
Employee Count 2,993
Asset Turnover 0.24
Inventory Turnover n/a

Taxes

In the past 12 months, Cable One has paid $89.70 million in taxes.

Income Tax 89.70M
Effective Tax Rate 25.12%

Stock Price Statistics

The stock price has decreased by -38.31% in the last 52 weeks. The beta is 0.81, so Cable One's price volatility has been lower than the market average.

Beta (1Y) 0.81
52-Week Price Change -38.31%
50-Day Moving Average 482.56
200-Day Moving Average 581.78
Relative Strength Index (RSI) 38.05
Average Volume (30 Days) 83,713

Short Selling Information

The latest short interest is 360,513, so 6.42% of the outstanding shares have been sold short.

Short Interest 360,513
Short Previous Month 310,345
Short % of Shares Out 6.42%
Short % of Float 7.19%
Short Ratio (days to cover) 3.80

Income Statement

In the last 12 months, Cable One had revenue of $1.68 billion and earned $267.44 million in profits. Earnings per share was $45.14.

Revenue 1.68B
Gross Profit 1.24B
Operating Income 526.90M
Pretax Income 357.14M
Net Income 267.44M
EBITDA 870.18M
EBIT 527.29M
Earnings Per Share (EPS) $45.14
Full Income Statement

Balance Sheet

The company has $190.29 million in cash and $3.65 billion in debt, giving a net cash position of -$3.46 billion or -$614.98 per share.

Cash & Cash Equivalents 190.29M
Total Debt 3.65B
Net Cash -3.46B
Net Cash Per Share -$614.98
Equity / Book Value 1.87B
Book Value Per Share 333.35
Working Capital 139.54M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $663.17 million and capital expenditures -$366.47 million, giving a free cash flow of $296.70 million.

Operating Cash Flow 663.17M
Capital Expenditures -366.47M
Free Cash Flow 296.70M
FCF Per Share $52.52
Full Cash Flow Statement

Margins

Gross margin is 73.72%, with operating and profit margins of 31.40% and 15.94%.

Gross Margin 73.72%
Operating Margin 31.40%
Pretax Margin 21.28%
Profit Margin 15.94%
EBITDA Margin 51.86%
EBIT Margin 31.42%
FCF Margin 17.68%

Dividends & Yields

This stock pays an annual dividend of $11.80, which amounts to a dividend yield of 2.81%.

Dividend Per Share $11.80
Dividend Yield 2.81%
Dividend Growth (YoY) 3.54%
Years of Dividend Growth 8
Payout Ratio 26.14%
Buyback Yield 3.99%
Shareholder Yield 6.80%
Earnings Yield 11.20%
FCF Yield 12.42%
Dividend Details

Analyst Forecast

The average price target for Cable One is $700.00, which is 66.87% higher than the current price. The consensus rating is "Buy".

Price Target $700.00
Price Target Difference 66.87%
Analyst Consensus Buy
Analyst Count 4
Revenue Growth Forecast (5Y) 1.80%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

Cable One has an Altman Z-Score of 1.19 and a Piotroski F-Score of 8. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 1.19
Piotroski F-Score 8