CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCI - US22822V1017 - REIT
90.55 USD
+1.15 (+1.29%)
90.55 USD
0 (0%)
CCI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 30 industry peers in the Specialized REITs industry. There are concerns on the financial health of CCI while its profitability can be described as average. CCI has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
In the past year CCI was profitable.
In the past year CCI had a positive cash flow from operations.
Of the past 5 years CCI 4 years were profitable.
Each year in the past 5 years CCI had a positive operating cash flow.
1.2 Ratios
With a Return On Assets value of -14.66%, CCI is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
CCI has a Return On Invested Capital of 6.22%. This is in the better half of the industry: CCI outperforms 76.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CCI is in line with the industry average of 4.77%.
The last Return On Invested Capital (6.22%) for CCI is above the 3 year average (5.58%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -14.66% | ||
| ROE | N/A | ||
| ROIC | 6.22% |
ROA(3y)-1.24%
ROA(5y)0.33%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.58%
ROIC(5y)5.04%
1.3 Margins
CCI's Operating Margin of 44.22% is fine compared to the rest of the industry. CCI outperforms 73.33% of its industry peers.
CCI's Operating Margin has improved in the last couple of years.
The Gross Margin of CCI (73.36%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CCI has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.22% | ||
| PM (TTM) | N/A | ||
| GM | 73.36% |
OM growth 3Y2.8%
OM growth 5Y4.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.59%
GM growth 5Y1.86%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CCI is destroying value.
Compared to 1 year ago, CCI has more shares outstanding
Compared to 5 years ago, CCI has more shares outstanding
Compared to 1 year ago, CCI has a worse debt to assets ratio.
2.2 Solvency
CCI has an Altman-Z score of 0.08. This is a bad value and indicates that CCI is not financially healthy and even has some risk of bankruptcy.
CCI has a worse Altman-Z score (0.08) than 86.67% of its industry peers.
The Debt to FCF ratio of CCI is 9.13, which is on the high side as it means it would take CCI, 9.13 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 9.13, CCI is doing good in the industry, outperforming 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.13 | ||
| Altman-Z | 0.08 |
ROIC/WACC0.88
WACC7.05%
2.3 Liquidity
CCI has a Current Ratio of 0.26. This is a bad value and indicates that CCI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CCI (0.26) is worse than 86.67% of its industry peers.
CCI has a Quick Ratio of 0.26. This is a bad value and indicates that CCI is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CCI (0.26) is worse than 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
The earnings per share for CCI have decreased strongly by -72.70% in the last year.
CCI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.20% yearly.
The Revenue for CCI has decreased by -26.56% in the past year. This is quite bad
Measured over the past years, CCI shows a small growth in Revenue. The Revenue has been growing by 2.65% on average per year.
EPS 1Y (TTM)-72.7%
EPS 3Y-3.22%
EPS 5Y4.2%
EPS Q2Q%5.71%
Revenue 1Y (TTM)-26.56%
Revenue growth 3Y1.18%
Revenue growth 5Y2.65%
Sales Q2Q%-35.11%
3.2 Future
Based on estimates for the next years, CCI will show a quite strong growth in Earnings Per Share. The EPS will grow by 19.34% on average per year.
CCI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.29% yearly.
EPS Next Y-64.26%
EPS Next 2Y11.03%
EPS Next 3Y8%
EPS Next 5Y19.34%
Revenue Next Year-35.16%
Revenue Next 2Y-18.72%
Revenue Next 3Y-12.18%
Revenue Next 5Y-5.29%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 117.60, the valuation of CCI can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of CCI indicates a slightly more expensive valuation: CCI is more expensive than 70.00% of the companies listed in the same industry.
CCI is valuated expensively when we compare the Price/Earnings ratio to 26.15, which is the current average of the S&P500 Index.
The Price/Forward Earnings ratio is 30.35, which means the current valuation is very expensive for CCI.
CCI's Price/Forward Earnings is on the same level as the industry average.
CCI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 36.12.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.6 | ||
| Fwd PE | 30.35 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CCI is valued a bit more expensive than the industry average as 60.00% of the companies are valued more cheaply.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CCI indicates a rather cheap valuation: CCI is cheaper than 86.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.8 | ||
| EV/EBITDA | 20.4 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)28
EPS Next 2Y11.03%
EPS Next 3Y8%
5. Dividend
5.1 Amount
CCI has a Yearly Dividend Yield of 4.72%, which is a nice return.
Compared to an average industry Dividend Yield of 6.15, CCI is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.41, CCI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.72% |
5.2 History
The dividend of CCI has a limited annual growth rate of 5.20%.
CCI has paid a dividend for at least 10 years, which is a reliable track record.
CCI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.2%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
The earnings of CCI are negative and hence is the payout ratio. CCI will probably not be able to sustain this dividend level.
CCI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-49.7%
EPS Next 2Y11.03%
EPS Next 3Y8%
90.55
+1.15 (+1.29%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners96.68%
Inst Owner Change3.02%
Ins Owners0.09%
Ins Owner Change-1.26%
Market Cap39.43B
Revenue(TTM)4.84B
Net Income(TTM)-4.62B
Analysts75.83
Price Target117.52 (29.78%)
Short Float %1.66%
Short Ratio2.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.72% |
Yearly Dividend6.28
Dividend Growth(5Y)5.2%
DP-49.7%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)30.36%
Min EPS beat(2)20.85%
Max EPS beat(2)39.87%
EPS beat(4)2
Avg EPS beat(4)-28.26%
Min EPS beat(4)-172.34%
Max EPS beat(4)39.87%
EPS beat(8)5
Avg EPS beat(8)-12.09%
EPS beat(12)6
Avg EPS beat(12)-9.81%
EPS beat(16)9
Avg EPS beat(16)-7.08%
Revenue beat(2)2
Avg Revenue beat(2)0.76%
Min Revenue beat(2)0.56%
Max Revenue beat(2)0.95%
Revenue beat(4)3
Avg Revenue beat(4)0.51%
Min Revenue beat(4)-0.42%
Max Revenue beat(4)0.95%
Revenue beat(8)4
Avg Revenue beat(8)0.21%
Revenue beat(12)5
Avg Revenue beat(12)-0.15%
Revenue beat(16)8
Avg Revenue beat(16)0.04%
PT rev (1m)-2.18%
PT rev (3m)-2.56%
EPS NQ rev (1m)3.14%
EPS NQ rev (3m)-7.73%
EPS NY rev (1m)31.89%
EPS NY rev (3m)10.72%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.61%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.6 | ||
| Fwd PE | 30.35 | ||
| P/S | 8.14 | ||
| P/FCF | 14.8 | ||
| P/OCF | 12.87 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.4 |
EPS(TTM)0.77
EY0.85%
EPS(NY)2.98
Fwd EY3.29%
FCF(TTM)6.12
FCFY6.76%
OCF(TTM)7.04
OCFY7.77%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)28
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -14.66% | ||
| ROE | N/A | ||
| ROCE | 7.87% | ||
| ROIC | 6.22% | ||
| ROICexc | 6.23% | ||
| ROICexgc | 8.01% | ||
| OM | 44.22% | ||
| PM (TTM) | N/A | ||
| GM | 73.36% | ||
| FCFM | 55.04% |
ROA(3y)-1.24%
ROA(5y)0.33%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.58%
ROIC(5y)5.04%
ROICexc(3y)5.6%
ROICexc(5y)5.07%
ROICexgc(3y)8.46%
ROICexgc(5y)7.89%
ROCE(3y)7.06%
ROCE(5y)6.39%
ROICexgc growth 3Y4.12%
ROICexgc growth 5Y6.36%
ROICexc growth 3Y10.73%
ROICexc growth 5Y11.31%
OM growth 3Y2.8%
OM growth 5Y4.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y1.59%
GM growth 5Y1.86%
F-Score4
Asset Turnover0.15
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.13 | ||
| Debt/EBITDA | 6.96 | ||
| Cap/Depr | 41.69% | ||
| Cap/Sales | 8.24% | ||
| Interest Coverage | 2.24 | ||
| Cash Conversion | 98.9% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 | ||
| Altman-Z | 0.08 |
F-Score4
WACC7.05%
ROIC/WACC0.88
Cap/Depr(3y)76.08%
Cap/Depr(5y)80.8%
Cap/Sales(3y)19.25%
Cap/Sales(5y)20.99%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-72.7%
EPS 3Y-3.22%
EPS 5Y4.2%
EPS Q2Q%5.71%
EPS Next Y-64.26%
EPS Next 2Y11.03%
EPS Next 3Y8%
EPS Next 5Y19.34%
Revenue 1Y (TTM)-26.56%
Revenue growth 3Y1.18%
Revenue growth 5Y2.65%
Sales Q2Q%-35.11%
Revenue Next Year-35.16%
Revenue Next 2Y-18.72%
Revenue Next 3Y-12.18%
Revenue Next 5Y-5.29%
EBIT growth 1Y-6.87%
EBIT growth 3Y4.02%
EBIT growth 5Y7.43%
EBIT Next Year29.17%
EBIT Next 3Y12.42%
EBIT Next 5Y10.89%
FCF growth 1Y62.3%
FCF growth 3Y4.73%
FCF growth 5Y21.84%
OCF growth 1Y-1.1%
OCF growth 3Y2.57%
OCF growth 5Y1.75%
CROWN CASTLE INC / CCI FAQ
Can you provide the ChartMill fundamental rating for CROWN CASTLE INC?
ChartMill assigns a fundamental rating of 3 / 10 to CCI.
Can you provide the valuation status for CROWN CASTLE INC?
ChartMill assigns a valuation rating of 2 / 10 to CROWN CASTLE INC (CCI). This can be considered as Overvalued.
How profitable is CROWN CASTLE INC (CCI) stock?
CROWN CASTLE INC (CCI) has a profitability rating of 5 / 10.
What is the financial health of CROWN CASTLE INC (CCI) stock?
The financial health rating of CROWN CASTLE INC (CCI) is 1 / 10.
How sustainable is the dividend of CROWN CASTLE INC (CCI) stock?
The dividend rating of CROWN CASTLE INC (CCI) is 6 / 10 and the dividend payout ratio is -49.7%.