08-31-2017: Rogers Communications, Inc. (RCI): Competitive Canadian Wireless Business

(WAIT FOR PAGE TO LOAD COMPLETELY BEFORE LINKS WORK.)

Corporate Webpages
Company Profile
Company History
News
Comparison with Peers
Bond Issue
Zenith Index
Financial Statements
Avg. P/E to Current P/E
Financial Ratios
Market Grader
Intrinsic Value (Disc. CashFlow)
Tangible Book Value
Projected Earnings
Research Reports
Analysts' Opinions
Insider Activity
Institutional Activity
Sentiment
Short Interest
Management's Discussion
Moving Average Chart
Right Time Study
Channel Potential
MACD Histogram
Intraday Chart
Val Idea
Stock Consultant
Point & Figure Chart
Wall Street Analyzer
Marketspace Chart
Time Series Forecast
Neural Network Prediction
Stock Options
Ultimate Trading Systems
Recommendation

Rogers Communications, Inc.

Occasionally, a Canadian stock slips by in our review process. We do not favor Candian stocks because we believe Canadian reporting requirements for securities are inferior to those for U.S.-based stocks. Rogers Communications Inc. (RCI) is one of the largest wireless and cable TV companies in Canada, and has been classified as primarily in either of those two industries. It has had some debt offerings rather frequently which were available only to citizens of the U.S. for some reason, even though the business is entirely in and regulated by Canada. There is "Class A" and "Class B" stock which is limited to only certain exchanges, either Toronto or the NYSE.

In California, and several other states, we witnessed a decision by a major telecommunications provider to get out of the cable TV business, followed by several smaller "opt-outs" as remaining profitable in cable TV appeared to be difficult for some. So Verizon sold off its TV assets to Frontier, a company which was entirely unprepared to handle them and service quality dropped preciptiously as Frontier "held on" trying to make a profit. A similar situation evolved when Time Warner sold off its cable business to Charter a.k.a. "Spectrum" when service quality dropped noticeably.

Rogers, on the other hand, chose to hang on to all its assets and acquire more. But it seems clear that 57% of its revenue comes from its wireless business, and only 25% from cable, with other sources being "media" and "business solutions" which have a very minor share of the remainder. We would therefore define Rogers as primarily a "wireless" cel-phone company. That's where the money is. As such, Rogers has a significant number of competitors.

Typically, we find Canadian company "Management Discussions" abysmal, and Rogers was no exception. They present a non-standard confusing array of information that excludes certain key information regarding executive compensation, stock options, off balance-sheet transactions, and the stuff of which Canadian stocks, especially gold mining stocks, suffer scandals. Aspects of Canadian stocks are regulated by provinces rather than the central government adding to confusion.

Analysts are finding this company acceptable although they have recently upgraded their ratings after Rogers had a spell of growth problems. But researchers are not so favorable, perhaps because of the same reasons the company has a marginal (but acceptable) Zenith Index after a losing year in 2014 which seems inappropriate for a highly-regulated "public utility." It raises some management questions. Indeed the company was without a CEO for a short period of time after one resigned. Market Grader has a "sell" on the stock and we lose the important benefit of a Standard & Poor's evaluation on this Canadian stock.

When all is said and done and we look at stock chart patterns on this "buy and hold" stock, it appears to have better potential at this time as a "sell" despite recent sentiment and strength. Charts look "toppy."



[Home]
Corporate Wepages

Trade Mark
01
2
3
4
5


6
7
8
9
10
11
12
13
14
15
16
17

18
19
20
21
22
23
24
24
24
24
24



[Home]
Company Profile

Profile
Profile



[Home]
Company History
6 7 8 9 10 11


[Home]
News

Click Here for News Archives



[Home]
Comparison

Comparison

Groups 1
Groups 2
Groups 3


Companies 1

Similar Companies Performance:

55 56
57 58
59 60


[Home]
Bond Issue

22 23



[Home]
Zenith Index

Under current market conditions, a Zenith Index Score of 1.20 or above is required for a positive rating on this factor. 1.21 -1.30 is considered acceptable, 1.30-1.40 is considered strong and
> 1.40 is considered exceptionally strong. Accounting statements in this section often contain mistakes, especially in earlier years' totals, but data is deemed sufficient for us to give a rating. More accurate financial statements follow in the next section.

Rogers Communications Inc. (RCI)                          Exchange: New Yo
333 Bloor Street East
10th Floor                       Sector: Technology
Toronto, ON M4W 1G9              Industry:Wireless Communications
Canada

Rogers Communications Inc. operates as a communications and media
company in Canada. The company-Ęs Wireless segment offers wireless
telecommunications services to consumers and businesses under the
Rogers, Fido, and chatr brands; and wireless devices, services, and
applications. This segment distributes its products through independent
dealer networks, company-owned retail stores, retail chains and
convenience stores, ecommerce sites, call centers and outbound
telemarketing, and other distribution channels. As of December 31, 2016,
it had approximately 10.3 million subscribers. The company-Ęs Cable
segment provides high-speed broadband Internet access, digital
television and online viewing, phone, and home Wi-Fi services to
consumers and businesses. This segment distributes its products through
company-owned retail stores, ecommerce sites, call centers, outbound
telemarketing, door-to-door agents, and third party retail locations. It
had 2.1 million high-speed Internet subscribers, 1.8 million television
subscribers, and 1.1 million phone subscribers, as well as operated a
network that passes approximately 4.2 million homes. The company-Ęs
Business Solutions segment offers network connectivity services through
its fiber network and data center assets to the enterprise, public
sector, and carrier wholesale markets. This segment provides its
products through its sales team; and a network of third-party channel
distributors. Its Media segment offers multi-platform televised and
online shopping, digital media services, and publishing services; and
operates television networks and radio stations, as well as owns the
Toronto Blue Jays, a league baseball team and Rogers Centre event venue.
The company also provides home or business monitoring, security, and
automation systems; and credit cards. Rogers Communications Inc. was
founded in 1920 and is headquartered in Toronto, Canada.

Last Trade:  51.60                           52-Week Range:  53.07 -  37.03
Employees: 25,200                            Avg.Volume:     339,464 Shares

Corporate Governance:
Pillar scores are Audit: 1; Board: 10; Shareholder Rights: 10; Compensation: 4.
         (A lower number means less governance risk.)

EPS:  1.34    Dividend Amount: $ 1.46          Yield:  3.82%
             Ex-Dividend Date: Dec 8, 2016     Payout Ratio:  85.33

Key Statistics:

    Trailing P/E:  38.54              Forward P/E (est.):  17.24
                                           Target Price:  53.54

Qrtly Stock Price Growth (yoy):  20.59%               Beta:   0.95
Qrtly S&P Index   Growth (yoy):   4.00%        Short Ratio:  32.57%
    Qrtly Revenue Growth (yoy):  12.59%         Shares Out:  514809999.99
   Qrtly Earnings Growth (yoy):   0.00%

          Book Value:   7.98                    Debt/Equity: 294.44%
    Price/Book Value:   6.48        Operating Profit Margin:  21.06%
         Price/Sales:   2.39                  Profit Margin:   7.44%
         Market Cap:  26,256,000,000       Return on Equity:  17.72%
    Enterprise Value:               0      Return on Assets:   6.41%

    Operating Cash Flow:  2,880,000,000
         Free Cash Flow:    880,620,000



Annual Income Statement:                          (All numbers in thousands)
  Period Ending                             12/31/2008  12/31/2007  12/31/2006

  Total Revenue                              9,275,430  10,319,386   7,583,888
  Cost of Revenue                            1,066,245     979,643     820,344
  Gross Profit                               8,209,186   9,339,743   6,763,544

Operating Expenses:
  Research & Development                             0           0           0
  Selling, General & Administrative          4,830,425   5,681,116   4,282,777
  Non-Recurring Expenses                       282,314     499,506      14,588
  Other Operating Expenses                   1,440,208   1,634,098   1,359,230
  Total Operating Expenses                           0           0           0

Operating Income or Loss                     1,656,239   1,525,022   1,106,949

Income from Continuing Operations:
  Total Other Income/Expenses Net              -94,105     232,423     144,161
  Earnings Before Interest & Taxes           1,562,135   1,757,446   1,251,110
  Interest Expense                             470,523     627,950     533,738
  Income Before Taxes                        1,091,612   1,129,495     717,372
  Income Tax Expense                           273,312     126,406      48,054
  Minority Interest                                  0           0           0

Net Income from Continuing Op.s                818,300   1,003,090     669,318

Non-recurring Events:
  Discontinued Operations                            0           0           0
  Extraordinary Items                                0           0           0
  Effect of Accounting Changes                       0           0           0
  Other Items                                        0           0           0
  Net Income                                   818,300   1,003,090     669,318
  Preferred Stock & Other Adjustments                0           0           0

Net Income Avail to Common Shares              818,300   1,003,090     669,318




Annual Cash Flow Statement:                   (All numbers in thousands)
  Period Ending                         12/31/2008    12/31/2007    12/31/2006

  Net Income                               818,300     1,003,090       669,318

Operating Activities:
  Depreciation                           1,436,117     1,721,767     1,349,791
  Adjustments to Net Income                626,000       824,695       163,897
  Changes in Accounts Recv'bls            -135,838      -124,367      -169,904
  Changes in Liabilities                   103,924      -119,270       252,281
  Changes in Investories                         0             0             0
  Changes in other Oper'g Acts            -144,021       -72,377       -18,020

Total Cash Flow f Operations             2,706,118     2,879,805     2,111,784

Investing Activities:
  Capital Exenditures                   -1,653,784    -1,830,842    -1,469,067
  Investments                                    0             0             0
  Other Cash Flows fr Investing         -1,076,883      -654,455        57,493

Total Cash Flows from Investing         -2,730,667             0    -2,485,297

Financing Activities:
  Dividends Paid                          -457,430      -215,093       -40,331
  Sale of Purchase of Stock               -109,652        27,524        63,499
  Net Borrowings                           932,044      -214,074      -633,278
  Other Cash Flows fr Financing           -306,044       -35,679        57,493

Total Cash Flows from Financing             58,918      -437,323      -627,271

  Effect of Exchange Rate Chg                    0             0             0

Change in Cash & Cash Equiv.                34,369       -42,815        72,939




Annual Balance Sheets:                              (All Numbers in Thousands)
  Period Ending                          12/31/2008    12/31/2007    12/31/2006
Current Assets:
  Cash & Cash Equivalents                         0             0       924,174
  Short Term Investments                          0             0             0
  Net Receivables                         1,513,037     1,889,968       332,085
  Inventory                                 233,216       144,755             0
  Other Current Assets                      128,473       149,852       231,687
  Total Current Assets                    1,874,725     2,184,574     1,487,945

  Long-Term Investments                     730,742       519,894      -101,256
  Property, Plant & Equipt                6,462,934     7,430,407     5,776,729
  Goodwill                                2,474,539     3,085,724     2,384,660
  Intangible Assets                       2,259,326     2,198,846     1,922,144
  Accumulated Amortization                        0             0             0
  Other Assets                              378,873        89,707        42,905
  Deferred LT Asset Charges                       0       182,473       278,883

Total Assets                             14,181,139    15,691,624    11,792,010

Current Liabilities:
  Accounts Payable                        1,989,287     2,303,844     1,554,019
  Current Portion LT Debt                    37,642       261,986       393,010
  Other Current Liabilities                 195,574       229,365       194,789
  Total Current Liabilities               2,222,503     2,795,195      2,141,818

  Long Term Debt                          1,989,287     2,303,844     1,554,019
  Other Liabilities                          37,642       261,986       393,010
  Deferred LT Liab. Charges                 195,574       229,365       194,789
  Minority Interest                               0             0             0
  Negative Goodwill                               0             0             0

Total Liabilities                        10,082,120    10,743,456     8,499,480

Stockholder Equity:
  Misc. Options, Warrants                         0             0             0
  Redeemable Preferred Stock                      0             0             0
  Preferred Stock                                 0             0             0
  Common Stock                              458,248       553,534       426,476
  Retained Earnings                         574,447       348,635       -28,317
  Treasury Stock                                  0             0             0
  Capital Surplus                         2,913,148     3,760,567     3,205,862
  Other Stockhohlder Equity                  -4,910       120,289      -311,490
  Total Stockholder Equity                3,940,933     4,783,025     3,292,530

Net Tangible Assets                        -792,933      -501,545    -1,014,274



Rogers Communications Inc. (RCI)            [Indices near +3.0, near zero,
                                            or < zero bear special attention.]
P/E Ratio Tests:
P/E Ratio < 28?            0.7265          P/E Ratio > 5?             1.0000
P/E Ratio Vs Growth Rate:  0.0000          Forward P/E Ratio < 28?    1.6241
Price/Sales Ratio < 2.3?   0.9623          Inventory/Sales < 5%?      1.9886
Sales < $1 Billion?        0.1078          Operating Margin < 7.5%?   0.3561

Balance Sheet Tests:
Debt/Equity < 0.40?        0.1359          Long-Term Debt Service:    0.5491
LTD Being Reduced?         0.0000          Short-Term Debt Service:   3.0000
Current Ratio > 2?         0.4218          Working Capital >= 1.5?    1.8020
Leverage Ratio < 20%?      0.0502          Debt/Assets < 1?           1.8998
Quick Ratio > 1?           3.0000          Inventory Turnover > 1?    0.0356
Share Equity Increase:     2.2766          Market Cap.< 1.5 Billion?  0.0571
                                           Intangibles < 3% Assets?   0.0899
Income Tests:
Profit Margin < 7.5%?      0.9920          EPS Annual Growth > 10%?   0.1226
Dividend Yield > 2.0%?     0.5236          EPS 3-yr Growth > 15?      0.1227
Enterprise Value/Revenue   2.8315          EPS Growth Consistent?     0.0000
Enterprise Value/EBITDA:   3.0000          Collection < 45 days?      0.7558
EPS Qrtly Growth > 10%?    0.0000          Gross Pft/Cur. LTD > 1?    3.0000
                                           Borrowing Int. Rate < 6%?  0.9519
Stock Performance Tests:
Volatility > 25%?          1.2090          % Held by Insiders < 5%?   1.0000
Beta > 1.25?               0.7600          % Held by Institut. < 50?  1.0000
50 Da MA > 200 Da MA?      0.2558          % Held by Institut. > 30?  0.0000
52-Wk Change vs. S&P 500:  1.6354          Short Ratio > 5?           3.0000
Price/Book Value < 3?      0.4640          Short % of Float > 20?     0.0000
Return on Assets > 17%?    0.3771          Average Volume > 100,000?  3.0000

Cash Flow Tests:
Oper. C.F. > Lever'd C.F:  3.0000          Positive Free Cash Flow?   3.0000
Positive Oper. Cash Flow?  3.0000          Price to C.F.Ratio < 14?:  2.9304
                                           Cash Flow / Assets > 10%?  3.0000

RCI    Rogers Communications Inc.          Overall Zenith Index:      1.2256


[Home]
Financial Statements

ROGERS COMMUNICATIONS INC CLASS B  (RCI)    INCOME STATEMENT

Fiscal year ends in December.                        2012-12         2013-12         2014-12         2015-12         2016-12             TTM           

Revenue                                       12,485,999,616  12,705,999,872  12,849,999,872  13,413,999,616  13,701,999,616  13,932,000,256
Cost of revenue                                7,728,999,936   7,797,000,192   7,868,000,256   8,437,000,192   8,670,999,552   8,778,000,384
Gross profit                                   4,757,000,192   4,909,000,192   4,982,000,128   4,976,999,936   5,031,000,064   5,153,999,872


Operating expenses
Restructuring, merger and acquisition                      0      85,000,000               0               0     160,000,000     151,000,000
Other operating expenses                       1,991,000,064   1,898,000,000   2,144,000,000   2,276,999,936   2,760,000,000   2,694,000,128
Total operating expenses                       1,991,000,064   1,983,000,064   2,144,000,000   2,276,999,936   2,920,000,000   2,844,999,936

Operating income                               2,766,000,128   2,926,000,128   2,838,000,128   2,700,000,000   2,111,000,064   2,308,999,936
Interest Expense                                 663,000,000     723,000,000     763,000,000     743,000,000     749,000,000     734,000,000
Other income (expense)                           249,000,000      62,000,000    -228,000,000    -110,000,000    -203,000,000    -146,000,000
Income before taxes                            2,352,000,000   2,264,999,936   1,847,000,064   1,847,000,064   1,159,000,064   1,428,999,936
Provision for income taxes                       620,000,000     596,000,000     506,000,000     466,000,000     324,000,000     393,000,000
Net income from continuing operations          1,732,000,000   1,668,999,936   1,340,999,936   1,380,999,936     835,000,000   1,036,000,000
Net income from discontinuing ops                -32,000,000               0               0               0               0               0
Net income                                     1,700,000,000   1,668,999,936   1,340,999,936   1,380,999,936     835,000,000   1,036,000,000
Net income available to common shareholders    1,700,000,000   1,668,999,936   1,340,999,936   1,380,999,936     835,000,000   1,036,000,000

Earnings per share
Basic                                                   3.28            3.24            2.60            2.68            1.62            2.01 
Diluted                                                 3.26            3.22            2.56            2.67            1.62            2.01 

Weighted average shares outstanding
Basic                                            519,000,000     515,000,000     515,000,000     515,000,000     515,000,000     515,000,000
Diluted                                          522,000,000     518,000,000     517,000,000     517,000,000     517,000,000     517,000,000

____________________________________________________________________________________________________________________________________________


ROGERS COMMUNICATIONS INC CLASS B  (RCI)    BALANCE SHEET

Fiscal year ends in December.                        2012-12         2013-12         2014-12         2015-12         2016-12             

Assets

Current assets

Cash

Total cash                                       213,000,000   2,300,999,936     176,000,000      11,000,000               0

Receivables                                    1,536,000,000   1,508,999,936   1,307,000,064   1,792,000,000   1,396,000,000
Inventories                                      293,000,000     276,000,000     251,000,000     318,000,000     315,000,000
Prepaid expenses                                 126,000,000     136,000,000               0               0               0
Other current assets                              53,000,000      99,000,000     611,000,000     501,000,000     859,000,000
Total current assets                           2,220,999,936   4,320,999,936   2,344,999,936   2,622,000,128   2,569,999,872

Non-current assets

Property, plant and equipment
Gross property, plant and equipment           24,896,999,424  27,298,000,896  28,651,999,232  30,584,000,512  28,651,999,232
Accumulated Depreciation                     -15,320,999,936 -17,043,000,320 -17,997,000,704 -19,587,000,320 -17,902,999,552
Net property, plant and equipment              9,575,999,488  10,254,999,552  10,654,999,552  10,997,000,192  10,748,999,680

Equity and other investments                   1,484,000,000   1,487,000,064   1,898,000,000   2,271,000,064   2,174,000,128
Goodwill                                       3,215,000,064   3,751,000,064   3,883,000,064   3,891,000,064   3,904,999,936
Intangible assets                              2,951,000,064   3,211,000,064   6,588,000,256   7,242,999,808   7,129,999,872
Deferred income taxes                             31,000,000      31,000,000       9,000,000       9,000,000       8,000,000
Other long-term assets                           140,000,000     545,000,000   1,144,000,000   2,142,000,000   1,806,000,000
Total non-current assets                      17,397,000,192  19,279,998,976  24,177,000,448  26,552,999,936  25,771,999,232

Total assets                                  19,618,000,896  23,601,000,448  26,521,999,360  29,174,999,040  28,341,999,616 

Liabilities and stockholders' equity

Liabilities

Current liabilities
Short-term debt                                  348,000,000   1,820,000,000   1,804,999,936   1,800,000,000   1,620,999,936
Taxes payable                                     24,000,000      22,000,000      47,000,000      96,000,000     186,000,000
Deferred revenues                                344,000,000     350,000,000     443,000,000     388,000,000     367,000,000
Other current liabilities                      2,286,000,128   2,414,000,128   2,624,999,936   2,732,999,936   2,939,000,064
Total current liabilities                      3,001,999,872   4,606,000,128   4,920,000,000   5,016,999,936   5,112,999,936

Non-current liabilities
Long-term debt                                10,440,999,936  12,172,999,680  13,824,000,000  15,870,000,128  15,329,999,872
Deferred taxes liabilities                     1,500,999,936   1,702,000,000   1,768,999,936   1,943,000,064   1,916,999,936
Pensions and other benefits                                0               0      56,000,000      56,000,000      62,000,000
Other long-term liabilities                      906,000,000     451,000,000     472,000,000     544,000,000     651,000,000
Total non-current liabilities                 12,848,000,000  14,325,999,616  16,120,999,936  18,413,000,704  17,959,999,488

Total liabilities                             15,850,000,384  18,932,000,768  21,041,000,448  23,430,000,640  23,072,999,424 

Stockholders' equity

Additional paid-in capital                       469,000,000     473,000,000     474,000,000     474,000,000     477,000,000
Retained earnings                              3,046,000,128   3,896,000,000   4,172,000,000   4,583,000,064   4,247,000,064
Accumulated other comprehensive income           253,000,000     300,000,000     835,000,000     688,000,000     545,000,000
Total stockholders' equity                     3,768,000,000   4,669,000,192   5,480,999,936   5,744,999,936   5,269,000,192
Total liabilities and stockholders' equity    19,618,000,896  23,601,000,448  26,521,999,360  29,174,999,040  28,341,999,616

____________________________________________________________________________________________________________________________________________


ROGERS COMMUNICATIONS INC CLASS B  (RCI)    Statement of CASH FLOW

Fiscal year ends in December. CAD.                   2012-12         2013-12         2014-12         2015-12         2016-12             TTM           

Cash Flows From Operating Activities
Net income                                     1,700,000,000   1,668,999,936   1,340,999,936   1,380,999,936     835,000,000   1,036,000,000
Depreciation & amortization                    1,892,000,000   1,950,000,000   2,209,999,872   2,364,000,000   2,347,000,064   2,278,000,128
Investment/asset impairment charges               80,000,000               0               0               0     484,000,000               0
Stock based compensation                          77,000,000      84,000,000      37,000,000      55,000,000      61,000,000      66,000,000
Accounts receivable                               15,000,000      58,000,000     -81,000,000    -185,000,000    -141,000,000     -23,000,000
Inventory                                                  0               0      26,000,000     -66,000,000       3,000,000     -51,000,000
Other working capital                           -263,000,000     180,000,000      66,000,000     -51,000,000     152,000,000    -232,000,000
Other non-cash items                             -80,000,000      49,000,000      99,000,000     249,000,000     216,000,000     583,000,000
Net cash provided by operating activities      3,420,999,936   3,990,000,128   3,697,999,872   3,747,000,064   3,956,999,936   3,656,999,936

Cash Flows From Investing Activities
Investments in property, plant, and equipmen  -2,142,000,000  -2,240,000,000  -2,366,000,128  -2,440,000,000  -2,352,000,000  -2,144,999,936
Acquisitions, net                                          0  -1,021,000,000  -3,456,000,000  -1,076,999,936               0    -184,000,000
Purchases of investments                        -707,000,000               0               0               0               0               0
Purchases of intangibles                         -90,000,000     -69,000,000    -231,000,000     -64,000,000     -46,000,000     -55,000,000
Other investing activities                       105,000,000    -143,000,000     102,000,000    -186,000,000     -58,000,000     -45,000,000
Net cash used for investing activities        -2,833,999,872  -3,472,999,936  -5,951,000,064  -3,767,000,064  -2,456,000,000  -2,428,999,936

Cash Flows From Financing Activities
Debt issued                                    2,090,000,000   3,228,000,000   3,688,000,000   7,632,000,000               0               0
Debt repayment                                -1,240,000,000    -356,000,000  -2,635,000,064  -6,920,000,000               0               0
Common stock repurchased                        -350,000,000     -21,000,000               0               0               0               0
Dividend paid                                   -803,000,000    -876,000,000    -930,000,000    -977,000,000    -988,000,000    -988,000,000
Other financing activities                       -14,000,000    -404,000,000       5,000,000     120,000,000    -595,000,000    -171,000,000
Net cash provided by (used for) financing       -317,000,000   1,571,000,064     128,000,000    -145,000,000  -1,583,000,064  -1,159,000,064

Net change in cash                               270,000,000   2,088,000,000  -2,124,999,936    -165,000,000     -82,000,000      69,000,000
Cash at beginning of period                      -57,000,000     213,000,000   2,300,999,936     176,000,000      11,000,000    -143,000,000
Cash at end of period                            213,000,000   2,300,999,936     176,000,000      11,000,000     -71,000,000     -74,000,000

Free Cash Flow
Operating cash flow                            3,420,999,936   3,990,000,128   3,697,999,872   3,747,000,064   3,956,999,936   3,656,999,936
Capital expenditure                           -2,232,000,000  -2,308,999,936  -2,596,999,936  -2,504,000,000  -2,398,000,128  -2,144,999,936
Free cash flow                                 1,188,999,936   1,680,999,936   1,100,999,936   1,243,000,064   1,559,000,064   1,512,000,000
____________________________________________________________________________________________________________________________________________





[Home]
Average to Current P/E Ratios
              (RCI)     Rogers Communications Inc. Cl

                               2012    2013    2014    2015    2016

          Annual Earnings:     3.26    3.22    2.59    2.67    1.62
Average Price During Year:    38.87   45.25   40.16   35.86   39.22

                P/E Ratio:    11.92   14.05   15.51   13.43   24.21

 Average 5-Year P/E Ratio  =  15.82
             Current Price =  51.82

Previous 5 Quarter Earnings:   0.76    0.43   -0.02    0.57    1.03

           Current Annualized (Last Four Quarters) Earnings =  1.58
                                                           ________
                                 Average PE / Current PE =     0.48
                                                           --------

                                      ...a number above 1.00 is good
                                                1.00 or below is bad


[Home]
Financial Ratios

. . . . . . . . . . . . 1 = Highest , 10 = Lowest



[Home]
Market Grader

900
901 902 903 904 905 906 907 908 909 910



[Home]
Intrinsic Value (DCF)

Intrinsic Value by Discounted Cash Flow Method:

Intrinsic Value



[Home]
Book Value

Tangible Book Value:

Book Value



[Home]
Projected Earnings

Earnings Estimates
Earnings Estimates



[Home]
Research Reports

Click Here for Research Reports



[Home]
Analysts' Opinions

Analysts' Opinion 1
Analysts' Opinion 1
Analysts' Opinion 1
Analysts' Opinion 2



[Home]
Insider Activity

Insiders Chart Insider Trades
Insider Trades
Executive Compensation Executive Compensation



[Home]
Institutional Activity

Institutional Orders to Buy or Sell:

institutions 1
Ownership:

institutions 2


[Home]
Sentiment

sentiment

Zenith uses the "sentiment" score above or below 50 to award a positive or negative point in the Decision Matrix.

sentiment sentiment sentiment



[Home]
Short Interest Ratio

As the short interest rises as a percentage of average daily share volume (Days to Cover), this is considered a measure of negative sentiment. Similarly, a decrease in that percentage is considered positive sentiment.

short interest short interest


[Home]
Management's Discussion of Results of Operations Excerpts

Click Here for Management's Discussion Excerpts



[Home]
Moving Average Chart



[Home]
Right Time Study



[Home]
Channeling Potential

 
The summary below includes a value for `Degree,' which refers on a
scale of 1 to 10 the range of a channel in the period under consi-
deration compared to the total range of price movement. It also looks
for the last closing price to be within the channel, otherwise zeroed.
The `Index' is the `Degree' weighted for volatility.  Generally, the
the higher the index, the more suitable is the stock for trading as
a `rolling stock' between channel high and low points.

Results for ROGERS COMMUNICATIONS INC.:
Symbol? RCI
Total Months Available: 116
       Months in Cycle?   4

Months Covered by Periods:  12

Period 1           Period 2          Period 3
   H1      L1        H2      L2        H3      L3
  44.44   37.03     47.42   38.09     53.07   44.93

RANGE   =  53.07  TO   37.03            Close =  51.72
CHANNEL =  44.93  TO   44.44           Degree =   0
Volatility =   0.95%                    Index =   0
Channel Chart



[Home]
MACD Histogram Divergence

The theory is that connecting the two most recent peaks or valleys of the MACD histogram will signal the direction of the next major move.



[Home]
Intraday Chart

2 Days:



[Home]
Val Idea

2 out of 8 favorable, (negative opinion.)

Val Idea


[Home]
Stock Consultant

Stock Consultant Stock Consultant



[Home]
Point & Figure Chart

P & F Chart


[Home]
Wall Street Analyzer




[Home]
Marketspace Chart

Marketspace Chart



[Home]
Time Series Forecast

Time Series 1 Time Series 2


[Home]
Neural Network Prediction

"Neurostock" can only track long trades. Therefore its performance, as tracked by itself on stocks which are consistently falling, may not appear as good as it could if each "sell" signal were a "short sale."

Neural Chart
Heading
Neural Trades Neural Prediction



[Home]
Ultimate Trading Systems

2 out of 3 of the ultimate systems favor an upmove.


System Below:
Short term outlook: Positive: Bright Green, Negative: Bright Red
Long term outlook: Postive: Dark Green, Negative: Dark Red.




[Home]
Recommendation

Decision Weighting Factors
FactorsWeighted Points
News + 1
Comparison - 1
Industry + 1
Bond Issue + 1
Zenith Index + 1
Non-GAAP vs. GAAP Earnings + 1
Cash Flow + 1
Average to Current P/E - 1
Ratios + 1
Market Grader - 1
Intrinsic Value DCF - 1
Tangible Book Value - 1
Projected Earnings + 1
Research Reports - 1
Analysts + 1
Executive Perquisites - 1
Insider Activity - 1
Institutional Activity - 1
Management Reporting - 1
Short Interest + 1
Sentiment + 1
Moving Average - 1
Right Time Study + 1
MACD Histogram Divergence - 1
Val Idea - 1
Stock Consultant - 1
Point & Figure + 1
Wall Street Analyzer - 1
Marketspace Chart + 1
Time Series Chart - 1
Neural Network - 1
Stock Options - 1
Ultimate Trading Systems + 1
Total - 2
Place 580 shares of Rogers Communications, Inc. (RCI) on the Active List.