CCA.TO vs. CGO.TO

Last updated Apr 2, 2026

Compare and contrast key facts about Cogeco Communications Inc. (CCA.TO) and Cogeco Inc. (CGO.TO).

Performance

CCA.TO vs. CGO.TO - Performance Comparison

The chart below illustrates the hypothetical performance of a CA$10,000 investment in Cogeco Communications Inc. (CCA.TO) and Cogeco Inc. (CGO.TO). The values are adjusted to include any dividend payments, if applicable.

CCA.TO vs. CGO.TO - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CCA.TO Cogeco Communications Inc.	6.60%	4.62%	20.02%	-18.62%	-21.22%	5.41%	-11.42%	76.14%	-21.78%	33.47%
CGO.TO Cogeco Inc.	8.22%	15.60%	9.65%	-4.63%	-18.74%	1.60%	-19.37%	82.56%	-34.08%	62.73%

Fundamentals

Market Cap CCA.TO : CA$2.97B CGO.TO : CA$658.88M
EPS CCA.TO : CA$7.31 CGO.TO : CA$8.69
PE Ratio CCA.TO : 9.55 CGO.TO : 7.86
PS Ratio CCA.TO : 1.03 CGO.TO : 0.22
PB Ratio CCA.TO : 0.92 CGO.TO : 0.74
Total Revenue (TTM) CCA.TO : CA$2.88B CGO.TO : CA$2.98B
Gross Profit (TTM) CCA.TO : CA$1.37B CGO.TO : CA$1.91B
EBITDA (TTM) CCA.TO : CA$1.39B CGO.TO : CA$1.40B

Returns By Period

In the year-to-date period, CCA.TO achieves a 6.60% return, which is significantly lower than CGO.TO's 8.22% return. Over the past 10 years, CCA.TO has underperformed CGO.TO with an annualized return of 3.72%, while CGO.TO has yielded a comparatively higher 5.81% annualized return.

CCA.TO

• 1D: -1.10%
• 1M: -3.95%
• YTD: 6.60%
• 6M: 11.45%
• 1Y: 6.47%
• 3Y*: 7.90%
• 5Y*: -5.75%
• 10Y*: 3.72%

CGO.TO

• 1D: -1.54%
• 1M: -7.32%
• YTD: 8.22%
• 6M: 15.35%
• 1Y: 15.83%
• 3Y*: 10.52%
• 5Y*: -1.96%
• 10Y*: 5.81%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

CCA.TO vs. CGO.TO — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

CCA.TO

CCA.TO Risk / Return Rank: 47
CCA.TO Sharpe Ratio Rank: 50
CCA.TO Sortino Ratio Rank: 41
CCA.TO Omega Ratio Rank: 43
CCA.TO Calmar Ratio Rank: 50
CCA.TO Martin Ratio Rank: 49

CGO.TO

CGO.TO Risk / Return Rank: 58
CGO.TO Sharpe Ratio Rank: 62
CGO.TO Sortino Ratio Rank: 52
CGO.TO Omega Ratio Rank: 57
CGO.TO Calmar Ratio Rank: 59
CGO.TO Martin Ratio Rank: 60

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

CCA.TO vs. CGO.TO - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Cogeco Communications Inc. (CCA.TO) and Cogeco Inc. (CGO.TO). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	CCA.TO	CGO.TO	Difference
Sharpe ratio Return per unit of total volatility	0.26	0.60	-0.34
Sortino ratio Return per unit of downside risk	0.48	0.90	-0.42
Omega ratio Gain probability vs. loss probability	1.08	1.15	-0.07
Calmar ratio Return relative to maximum drawdown	0.37	0.80	-0.43
Martin ratio Return relative to average drawdown	0.77	1.93	-1.16
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

CCA.TO vs. CGO.TO - Sharpe Ratio Comparison

The current CCA.TO Sharpe Ratio is 0.26, which is lower than the CGO.TO Sharpe Ratio of 0.60. The chart below compares the historical Sharpe Ratios of CCA.TO and CGO.TO, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	CCA.TO	CGO.TO	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	0.26	0.60	-0.34
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.24	-0.08	-0.17
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.15	0.22	-0.07
Sharpe Ratio (All Time) Calculated using the full available price history	0.28	0.24	+0.04

Correlation

The correlation between CCA.TO and CGO.TO is 0.46, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

CCA.TO vs. CGO.TO - Dividend Comparison

CCA.TO's dividend yield for the trailing twelve months is around 5.47%, less than CGO.TO's 5.59% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
CCA.TO Cogeco Communications Inc.	5.47%	5.65%	5.17%	5.36%	3.76%	2.61%	2.43%	1.90%	2.96%	2.04%	2.42%	2.33%
CGO.TO Cogeco Inc.	5.59%	5.86%	5.91%	5.33%	4.10%	2.78%	2.40%	1.70%	2.75%	1.56%	2.16%	2.07%

Drawdowns

CCA.TO vs. CGO.TO - Drawdown Comparison

The maximum CCA.TO drawdown since its inception was -85.48%, roughly equal to the maximum CGO.TO drawdown of -86.01%. Use the drawdown chart below to compare losses from any high point for CCA.TO and CGO.TO.

Drawdown Indicators

	CCA.TO	CGO.TO	Difference
Max Drawdown Largest peak-to-trough decline	-85.48%	-86.01%	+0.53%
Max Drawdown (1Y) Largest decline over 1 year	-14.63%	-17.82%	+3.19%
Max Drawdown (5Y) Largest decline over 5 years	-54.11%	-50.59%	-3.52%
Max Drawdown (10Y) Largest decline over 10 years	-54.11%	-52.09%	-2.02%
Current Drawdown Current decline from peak	-28.35%	-15.32%	-13.03%
Average Drawdown Average peak-to-trough decline	-25.04%	-29.87%	+4.83%
Ulcer Index Depth and duration of drawdowns from previous peaks	7.07%	7.37%	-0.30%

Volatility

CCA.TO vs. CGO.TO - Volatility Comparison

The current volatility for Cogeco Communications Inc. (CCA.TO) is 10.51%, while Cogeco Inc. (CGO.TO) has a volatility of 11.82%. This indicates that CCA.TO experiences smaller price fluctuations and is considered to be less risky than CGO.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	CCA.TO	CGO.TO	Difference
Volatility (1M) Calculated over the trailing 1-month period	10.51%	11.82%	-1.31%
Volatility (6M) Calculated over the trailing 6-month period	19.15%	19.01%	+0.14%
Volatility (1Y) Calculated over the trailing 1-year period	25.00%	26.72%	-1.72%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	23.74%	25.12%	-1.38%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	24.46%	26.24%	-1.78%

Financials

CCA.TO vs. CGO.TO - Profitability Comparison

The chart below illustrates the profitability comparison between Cogeco Communications Inc. and Cogeco Inc. over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

CCA.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cogeco Communications Inc. reported a gross profit of 217.90M and revenue of 707.25M. Therefore, the gross margin over that period was 30.8%.

CGO.TO - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Cogeco Inc. reported a gross profit of 220.29M and revenue of 735.64M. Therefore, the gross margin over that period was 30.0%.

CCA.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cogeco Communications Inc. reported an operating income of 181.74M and revenue of 707.25M, resulting in an operating margin of 25.7%.

CGO.TO - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Cogeco Inc. reported an operating income of 188.37M and revenue of 735.64M, resulting in an operating margin of 25.6%.

CCA.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cogeco Communications Inc. reported a net income of 88.68M and revenue of 707.25M, resulting in a net margin of 12.5%.

CGO.TO - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Cogeco Inc. reported a net income of 28.21M and revenue of 735.64M, resulting in a net margin of 3.8%.