Cogent Communications Holdings, Inc. (CCOI)

Market price: $7.47

2 valuation methods

Limited data — fewer than three valuation methods could be formed for this company; showing every method we can stand behind.

Debt is most of what funds this company — its shares are about 14% of its total enterprise value. The enterprise-value bars here (2) value the whole business and then subtract the debt, so a small difference in the business's value becomes a large one per share. That is arithmetic, not a fault in the estimate, but it is why those ranges are wide.