Rogers Communications Inc.
Rogers Communications Inc. Class B is a Canadian communications and media company focused on providing connectivity and entertainment services to consumers, businesses, and public-sector clients. Its core offerings include wireless voice and data plans, cable television, high-speed internet, home phone services, and mobile device financing and protection. The company also serves enterprise customers with managed IT, networking, cloud, and data center solutions. In addition, Rogers operates media and sports-related businesses that complement its telecommunications platform and broaden its presence across Canada’s digital and content landscape. Headquartered in Toronto, Rogers Communications Inc. Class B plays an important role in the country’s telecommunications market by supporting everyday communication, broadband access, and integrated business connectivity services.
$31.98
+$0.05 (+0.16%)
EOD Oct 16, 2026
23.11% operating margin is above average. ROIC at 8.16%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 42.5%, still solid.
Net debt of C$42.83B represents 20.5x FCF, leverage limits flexibility.
4.0x earnings, 10.1x FCF. The multiple is below average. Either the market is pricing in deterioration you should investigate, or there's genuine value here.
Price History
Valuation & Multiples
Based on TTM earnings · Diluted shares
Profitability & Returns
Revenue (TTM)
C$22.62B
▲ +42.5% YoY
Net Income (TTM)
C$6.29B
▲ +438.4% YoY
Op. Margin
22.74%
▼ -1.2pp YoY
ROIC
8.16%
▲ +2.5pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
C$2.42B
▲ +87.4% YoY
Op. Cash Flow (TTM)
C$6.18B
▼ -2.8% YoY
Net Debt
C$42.83B
Cash & Equiv.
C$1.34B
3Y CAGR: +12.1%
3Y CAGR: +15.1%
Continue Research
Is Rogers Communications (RCI) overvalued?
At a P/E of 4.0 and a price-to-free-cash-flow of 10.1, Rogers Communications (RCI) trades below a two-stage DCF intrinsic value of about C$70.36 per share, so at C$31.98 the stock looks undervalued (120.0% below estimated intrinsic value). A high multiple is not the same as overvalued: fast-growing, high-quality businesses can deserve a premium. See the general approach in how to tell if a stock is overvalued.
On quality, Rogers Communications scores 68/100 on Intrinsiqq's quality scorecard (a solid business on these measures), weighing growth, margins, returns on capital, share count, and balance-sheet strength. It currently yields about 2.4%; see dividend safety for coverage and history. All figures are computed from company filings; read the full methodology, or see how the market compares in our US profitability statistics. This is analysis, not investment advice.
Frequently asked
What is Rogers Communications's fair value?+
Intrinsiqq's two-stage DCF estimates an intrinsic value of about C$70.36 per share for RCI, projecting its recent free cash flow forward with a growth rate that fades toward a long-run rate and discounting it back to today. Applying a 25% margin of safety gives a more conservative fair-value entry around C$52.77. At today's C$31.98, that puts the stock about 120.0% below estimated intrinsic value. The result is sensitive to the growth and discount-rate inputs, so it is best to run conservative, base and optimistic cases. You can adjust all of them yourself with the sliders on the DCF tab.
Is Rogers Communications a high-quality business?+
Rogers Communications scores 68 out of 100 on Intrinsiqq's quality score, a weighted blend of 8 metrics each scored 0 to 100, which makes it a solid business on these measures. Recent fundamentals include a 22.7% operating margin and a 8.2% return on invested capital. The score weighs revenue and free-cash-flow growth, operating margins, return on invested capital, share-count change, and balance-sheet strength, all computed from company filings, not opinion. Because valuation only means something relative to quality, the full metric-by-metric breakdown is on the quality scorecard.
Does Rogers Communications (RCI) pay a dividend, and how much?+
Yes, Rogers Communications pays a regular dividend of about C$1.09 per share per year (typically in quarterly installments), a yield of roughly 2.4% at the current price. That is a payout ratio of about 9.4% of earnings, so the dividend is amply covered by earnings. A low headline yield is not the same as a weak dividend: what matters is how well earnings and free cash flow cover the payout and whether it is growing, not the percentage alone. For RCI's full payout history, growth streak and dividend-safety score, see the dividends tab.
Is Rogers Communications a good stock to buy right now?+
That depends on valuation and quality together, not either alone. RCI currently trades below its estimated intrinsic value and scores 68/100 on quality (solid). It also yields about 2.4%. A cheap price is only a bargain if the business is durable, and a premium can be justified by genuine quality, so the two questions, "is it cheap?" and "is it good?", only make sense side by side. Read the valuation against the quality scorecard, run the DCF on your own assumptions, and decide for yourself. This is analysis from company filings, not investment advice.
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Data sourced from company filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.