Stock fact sheet · data as of
Rogers Communications Inc. (RCI): fair value, margin of safety and Wheel Score
Ticker symbol RCI · Communication Services · Telecommunications Services · Canada · Blend Income
Is RCI undervalued?
Rogers Communications Inc. (RCI) closed at 34.61 on 5 Nov 2026. The GLS average fair value - the simple average of the 9 valuation models that produced a positive number - is 93.84, which puts the price 63% below it. 4 of the 9 models value the shares above the current price. A gap this wide is rare in our universe of ~7,400 US stocks and is exactly what the Value part of the Wheel Score rewards; it is also where the question "why is it this cheap?" matters most.
The 9 models disagree widely: Lynch gives 3.31 while DCF gives 433.30. A spread that wide means the average is sensitive to which methods you trust; the model table below shows where each one lands, and the Quote page lets you switch any of them off.
Ranked against every other company we cover, neither cheapness nor growth clearly wins for RCI, so the nightly engine files it under Blend (value score 57, growth score 56, out of 100). It also carries the Income tag (Income = a dividend yield of 4% or more).
Nine valuation models for RCI
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | 433.30 | +1152% | Present value of the projected free cash flows, discounted at the cost of capital |
| Graham Number | 25.68 | -26% | The most a defensive investor pays for the earnings and book value per share |
| Graham Growth | 16.80 | -51% | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields |
| Lynch | 3.31 | -90% | EPS × the earnings growth rate (PEG of 1), growth capped at 25% |
| GLS Growth | 75.26 | +117% | EPS compounded ten years at the blended growth rate, discounted back at 15% a year |
| 10 Cap | 132.67 | +283% | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10% |
| Payback Time | 122.63 | +254% | Eight years of compounded free cash flow: the price at which the business pays for itself |
| DDM | 21.13 | -39% | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend |
| EPV | 13.82 | -60% | Earnings power value: current EPS capitalised at 9% with no growth |
| Zombie (liquidation) | -74.62 | -316% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 35.00 | +1% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
Financial health is average - RCI passes 5 of the nine Piotroski tests, which falls one point short of the "Piotroski 6 or more" Wheel Trade Filter. The Financials tab on the Quote page shows which tests fail. The GLS Moat score is low at 4.5 out of 10: returns on capital, margins or the balance sheet have not shown a lasting edge yet - often a young company, a thin-margin business or one that has only recently turned profitable.
Returns on capital are moderate - ROIC 11.1%, ROE 38.8%, ROA 7.7% - with debt at 2.49 times equity and a free-cash-flow yield of 13.1%. Debt of 2.49 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
The dividend yield is high at 4.15% (payout ratio 129%) - a payout above 100% of earnings, which is not covered by profits. A yield this size is often the market's way of pricing a risk to the payout, so the health score and cash flow matter more than usual. Revenue comes mainly from Service Revenue 88%, Equipment Sales 12% (fiscal year FY2025).
Institutional ownership scores 6/10, insider activity 5/10 and Congressional trading 5/10 on the GLS smart-money scales.
| Piotroski F-score | 5 / 9 | ROIC | 11.1% |
|---|---|---|---|
| GLS Moat | 4.5 / 10 | ROE | 38.8% |
| Debt / equity | 2.49 | ROA | 7.7% |
| Free-cash-flow yield | 13.1% | Payout ratio | 129% |
| Institutions | 6 / 10 | Insiders · Congress | 5 · 5 / 10 |
Wheel Score 46: Weak
RCI scores 46 out of 100 on the Wheel Score, in the Weak band (under 50): it fails filter 4, financially healthy - Piotroski 5/9 (under 6); and filter 5, can repay its debt - 5.9 years to repay its debt (over 3), and the parts are thin too - value strong, premium strong, moat fair, health fair, red flags fair, option trading weak, stability good. The score is not a judgement on the company; it says the price, quality and premium do not line up for selling puts on it today.
Implied volatility is 33% on the near-the-money contracts 20-60 days out: enough to pass the 25-80% Wheel Trade Filter, but under the 35-60% sweet spot the score rewards most. Chain open interest is 5,099 contracts across all expiries - enough for the wheel at normal size.
Volume runs at 1.2M shares a day on a market cap of $18.7B, with a beta of 0.79 - a low beta, so day-to-day moves are smaller than the market's; the Stability part of the Wheel Score rates that good.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Passes | Profitable over the last twelve months - not a speculative stock, fund or note |
| 3 | Below fair value | Passes | Trading below the nine-model average fair value (margin of safety above 0) |
| 4 | Financially healthy | Fails | Piotroski 5/9 (under 6) |
| 5 | Can repay its debt | Fails | 5.9 years to repay its debt (over 3) |
| 6 | No serious red flags | Passes | Red Flags score 60 or more out of 100 (earnings, margins, debt, analysts, filings and price checked the same way for every stock) |
| 7 | A premium worth selling | Passes | Implied volatility 25-80% (enough premium, not a lottery ticket) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Passes | Share price $5 or more |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Strong | 63% below fair value | |
| Premium | Strong | implied volatility 33% | |
| Moat | Fair | moat 4.5/10 | |
| Health | Fair | Piotroski 5/9 | |
| Red Flags | Fair | Red Flags score 72/100 | |
| Option trading | Weak | 252 contracts a day, 5,099 open interest | |
| Stability | Good | beta 0.79, $18.7B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
No upcoming earnings date is recorded for RCI in the nightly calendar. The next ex-dividend date is 8 Dec 2026 (0.3559 per share).
No analyst upgrades or downgrades were recorded in the last 30 days.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Telecommunications Services
The 12 companies below are the closest to Rogers Communications Inc. by market cap within the Telecommunications Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| VIV Telefônica Brasil S.A. | 11.31 | 19.62 | +42% | 40Weak | $18.1B |
| BCE BCE Inc. | 21.11 | 66.44 | +68% | 52Fair | $19.7B |
| TMUSI T-Mobile USA Inc 5.5 % Notes 2025-01.06.70 | 18.40 | 127.30 | +86% | 28No options | $19.7B |
| CHTR Charter Communications, Inc. | 120.25 | 1,121.42 | +89% | 47Weak | $16.2B |
| CCZ Comcast Holdings Corp. | 63.41 | 217.35 | +71% | 38No options | $15.8B |
| ECHO EchoStar Corporation | 98.62 | 274.75 | +64% | 50Fair | $15.6B |
| ASTS AST SpaceMobile, Inc. | 35.62 | - | - | 16Weak | $14.5B |
| TU TELUS Corporation | 9.22 | 21.87 | +58% | 43Weak | $14.5B |
| TIGO Millicom International Cellular S.A. | 77.09 | 162.98 | +53% | 45Weak | $12.9B |
| SKM SK Telecom Co.,Ltd | 31.29 | 43.94 | +29% | 85Prime | $12.0B |
| GSAT Globalstar, Inc. | 84.58 | 47.18 | -79% | 24Weak | $11.0B |
| TLK Perusahaan Perseroan (Persero) PT Telekomunikasi Indonesia Tbk | 10.75 | 23.82 | +55% | 40No options | $10.6B |
⚖ Compare RCI with 7 of them All Communication Services stocks →
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Start free See the Sunday ScanQuestions about RCI
Is RCI undervalued right now?
By the GLS models, yes: at 34.61 the stock is 63% below the average fair value of 93.84 (data as of 5 Nov 2026). Whether the discount is deserved is the question to research next.
What is the Wheel Score of RCI and what does it mean?
RCI scores 46 out of 100 (Weak) - it fails Wheel Trade Filters 4, 5. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for RCI?
93.84 per share as of 5 Nov 2026 - the simple average of the 9 valuation models (out of nine: DCF, Graham Number, Graham Growth, Lynch, GLS Growth, 10 Cap, Payback Time, DDM and EPV) that produced a positive value. The models run every night on the latest filings; the Quote page lets you switch any of them off and add a margin of safety of your own.
When does Rogers Communications Inc. report earnings next?
No upcoming earnings date is recorded for RCI in our calendar as of 5 Nov 2026; the Calendars page is refreshed every morning.
Does RCI have listed options, and how liquid are they?
Yes. The nightly snapshot found 36 listed contracts with 5,099 open interest across all expiries and implied volatility of 33% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.