Jul. 15 at 4:23 PM
$CABO Cable One (
$CABO) is a textbook example of a company trading far above its intrinsic value based on outdated sentiment and blind hope.
Using a conservative fundamental valuation model (Babiy Formula), which prioritizes revenue, debt, and cash—not speculative earnings—the fair value per share is deeply negative: –
$479.76.
That is based on:
• Average revenue (3y):
$1.6B
• Total debt:
$3.8B
• Cash:
$300M
• Shares: 5.6M
• Multiplier: 0.5 (due to severe structural risk)
Institutional ownership remains high on paper (141%), but insider ownership is only 2.6%, and institutions reduced their exposure by 5.08% last quarter.
• No buybacks
• No major insider accumulation
• No aggressive debt reduction
The price is currently
$123/share. This is not supported by any rational valuation. Without a significant strategic shift, acquisition, or recapitalization, this is a decaying balance sheet disguised as a premium asset.
Be careful when dealing with high-priced illusions.
