CGO.TO vs. CCA.TO

Last updated Apr 2, 2026

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

Performance

CGO.TO vs. CCA.TO - Performance Comparison

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

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

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
CGO.TO Cogeco Inc.	8.22%	15.60%	9.65%	-4.63%	-18.74%	1.60%	-19.37%	82.56%	-34.08%	62.73%
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%

Fundamentals

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

Returns By Period

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

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%

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%

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

Return for Risk

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

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

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

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

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.

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

This table presents a comparison of risk-adjusted performance metrics for Cogeco Inc. (CGO.TO) and Cogeco Communications Inc. (CCA.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.

	CGO.TO	CCA.TO	Difference
Sharpe ratio Return per unit of total volatility	0.60	0.26	+0.34
Sortino ratio Return per unit of downside risk	0.90	0.48	+0.42
Omega ratio Gain probability vs. loss probability	1.15	1.08	+0.07
Calmar ratio Return relative to maximum drawdown	0.80	0.37	+0.43
Martin ratio Return relative to average drawdown	1.93	0.77	+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.

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

The current CGO.TO Sharpe Ratio is 0.60, which is higher than the CCA.TO Sharpe Ratio of 0.26. The chart below compares the historical Sharpe Ratios of CGO.TO and CCA.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

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

Correlation

The correlation between CGO.TO and CCA.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

CGO.TO vs. CCA.TO - Dividend Comparison

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

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
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%
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%

Drawdowns

CGO.TO vs. CCA.TO - Drawdown Comparison

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

Drawdown Indicators

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

Volatility

CGO.TO vs. CCA.TO - Volatility Comparison

Cogeco Inc. (CGO.TO) has a higher volatility of 11.82% compared to Cogeco Communications Inc. (CCA.TO) at 10.51%. This indicates that CGO.TO's price experiences larger fluctuations and is considered to be riskier than CCA.TO based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

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

Financials

CGO.TO vs. CCA.TO - Profitability Comparison

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

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 - 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 - 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 - 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 - 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%.

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%.