NAS10029,644+0.67%S&P7,651+0.17%GOLD$4,416+0.37%BTC$81,118+6.17%VIX14.81−4.08%live tape · as of 19:00 UTC
The Screen · Communication Services · Telecom Services
Rogers Communications Inc
RCI · the NYSE · USD · Market cap $19.0B · 25,000 employees
Rogers Communications Inc.
FAIL · Does not pass the screen
35.08 USD
At the last full screen 2026-09-18
Screened 2026-09-18 · the tape above runs as of 19:00 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
The Label · The Season, Not the Day
This name holds its distribution label.
Rogers Communications Inc holds its Distribution at $35.08. The statistical read favours the buyers, held for 8 days.
As held on the ledger · 2026-09-18
Phase
Distribution · caution
Quantitative state
The statistical read favours the buyers, held for 8 days
Price at the screen
$35.08
Valuation
4.28 trailing · 10.17 forward price to earnings
Values screen
FAIL· score 70.0
Beta
0.81
The Workings
Five Screens, Shown in Full
Does not pass. Debt ratio
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
49.08%
Below 33%
Interest-bearing debt is 49.1% of its assets, above the one-third ceiling the screen allows.
Fail
Interest-bearing cash
0.24%
Below 33%
Cash held in interest-bearing accounts and securities is 0.2% of assets, under the one-third limit.
Pass
Receivables
8.28%
Below 49%
Money owed to the company is 8.3% of assets, under the 49% limit.
Pass
Revenue purity
0.02%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
Fair value range in USD, drawn from the 2026-09-18 screen. The gold marker is the market price at the same screen. A 21.5% margin of safety to the base estimate.
Third-party analyst targets: 3 covering, consensus Buy. The average target sits +12% from the screen price.
Reading the gap · Both our model and the analysts see meaningful upside from here.
Price History & Projections
Where it has been, where the models see it going. History from market close data; projection points are our fair-value estimates and third-party analyst targets, dated to the 2026-09-18 screen.
Fair value and rating are our own model estimates; the Street's range reflects third-party analyst estimates. Analysis, not advice.
The Business, in Plain Words
Canadians pay their bills and watch the game
Every month millions of households in Toronto and Vancouver settle their phone and cable bills. Rogers sits behind a big slice of that flow through its wireless and cable networks plus sports rights. Revenue is rising 10 percent, profit margins sit at 32 percent and return on equity reaches 41 percent, all at a forward multiple of just 9.8 times. The ethical screen clears and a 33 percent gap to fair value shows up on paper.
Yet the opportunity rating stays at none. A narrow moat leaves room for rivals to chip away and the analyst target of 39 dollars offers only modest upside from here. The business delivers steady cash but does not clear the higher bar we set for conviction.
Risks centre on Canadian telecom competition and possible regulatory pressure on pricing and sports rights. Currency moves matter less than at pure emerging-market names but any slowdown in consumer spending would hit device sales and upgrades fast. Analysis, not advice.
The risks · The things to watch: its business and earnings are exposed to Canada and to currency swings; it carries a real debt load, which raises the stakes if revenue slips.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
RCI trades on the NYSE (the company is based in Canada). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-09-11Markup · changed$36.65+5.5%Entry 5
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved up 5.5% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (4 analysts) rates it buy, with a mean price target of $40.
The framework has shifted from markup to distribution since the last review. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 9.9% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (4 analysts) rates it buy, with a mean price target of $40.
2026-07-18Markup$38.56+0.0%Entry 3
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows modest positive risk-adjusted returns. Our composite framework grades it A, carrying a low risk profile. Technically it is momentum reading bullish. Over the past year the shares are up 46%. Our forward projection puts the odds of a 10% gain over the next month near 12%. The street (4 analysts) rates it buy, with a mean price target of $40.
2026-07-03Markup$38.56+0.0%Entry 2
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.
2026-07-02Markup$38.56Entry 1
The framework reads markup. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Ethical screening: PASS with passing ethical screen (70). The risk-adjusted return profile shows modest positive risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
