CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - NYSE:CCI - US22822V1017 - REIT
98.49 USD
+0.22 (+0.22%)
98.49 USD
0 (0%)
Taking everything into account, CCI scores 3 out of 10 in our fundamental rating. CCI was compared to 30 industry peers in the Specialized REITs industry. While CCI is still in line with the averages on profitability rating, there are concerns on its financial health. CCI is valued expensive and it does not seem to be growing. CCI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
CCI had positive earnings in the past year.
CCI had a positive operating cash flow in the past year.
CCI had positive earnings in 4 of the past 5 years.
In the past 5 years CCI always reported a positive cash flow from operatings.
1.2 Ratios
CCI has a worse Return On Assets (-14.66%) than 86.67% of its industry peers.
CCI has a Return On Invested Capital of 6.30%. This is in the better half of the industry: CCI outperforms 76.67% of its industry peers.
CCI had an Average Return On Invested Capital over the past 3 years of 5.58%. This is in line with the industry average of 4.79%.
The 3 year average ROIC (5.58%) for CCI is below the current ROIC(6.30%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -14.66% | ||
| ROE | N/A | ||
| ROIC | 6.3% |
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 has a better Operating Margin (40.94%) than 63.33% of its industry peers.
In the last couple of years the Operating Margin of CCI has grown nicely.
The Gross Margin of CCI (72.89%) is comparable to the rest of the industry.
CCI's Gross Margin has improved in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 40.94% | ||
| PM (TTM) | N/A | ||
| GM | 72.89% |
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
CCI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
The number of shares outstanding for CCI has been increased compared to 1 year ago.
CCI has more shares outstanding than it did 5 years ago.
CCI has a worse debt/assets ratio than last year.
2.2 Solvency
CCI has an Altman-Z score of 0.20. This is a bad value and indicates that CCI is not financially healthy and even has some risk of bankruptcy.
CCI's Altman-Z score of 0.20 is on the low side compared to the rest of the industry. CCI is outperformed by 86.67% of its industry peers.
The Debt to FCF ratio of CCI is 10.14, which is on the high side as it means it would take CCI, 10.14 years of fcf income to pay off all of its debts.
With a decent Debt to FCF ratio value of 10.14, CCI is doing good in the industry, outperforming 73.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.14 | ||
| Altman-Z | 0.2 |
ROIC/WACC0.88
WACC7.19%
2.3 Liquidity
CCI has a Current Ratio of 0.28. This is a bad value and indicates that CCI is not financially healthy enough and could expect problems in meeting its short term obligations.
CCI's Current ratio of 0.28 is on the low side compared to the rest of the industry. CCI is outperformed by 83.33% of its industry peers.
A Quick Ratio of 0.28 indicates that CCI may have some problems paying its short term obligations.
Looking at the Quick ratio, with a value of 0.28, CCI is doing worse than 83.33% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 |
3. Growth
3.1 Past
The earnings per share for CCI have decreased strongly by -59.22% in the last year.
The Earnings Per Share has been growing slightly by 4.20% on average over the past years.
The Revenue has decreased by -5.92% in the past year.
CCI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.65% yearly.
EPS 1Y (TTM)-59.22%
EPS 3Y-3.22%
EPS 5Y4.2%
EPS Q2Q%60%
Revenue 1Y (TTM)-5.92%
Revenue growth 3Y1.18%
Revenue growth 5Y2.65%
Sales Q2Q%-35.11%
3.2 Future
The Earnings Per Share is expected to grow by 20.23% on average over the next years. This is a very strong growth
Based on estimates for the next years, CCI will show a decrease in Revenue. The Revenue will decrease by -4.68% on average per year.
EPS Next Y-72.9%
EPS Next 2Y12.19%
EPS Next 3Y13.31%
EPS Next 5Y20.23%
Revenue Next Year-35.55%
Revenue Next 2Y-18.72%
Revenue Next 3Y-12.83%
Revenue Next 5Y-4.68%
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
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
A Price/Earnings ratio of 85.64 indicates a quite expensive valuation of CCI.
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 26.91, which is the current average of the S&P500 Index.
With a Price/Forward Earnings ratio of 32.33, CCI can be considered very expensive at the moment.
CCI's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.92, CCI is valued a bit more expensive.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 85.64 | ||
| Fwd PE | 32.33 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CCI is on the same level as its industry peers.
76.67% of the companies in the same industry are more expensive than CCI, based on the Price/Free Cash Flow ratio.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.9 | ||
| EV/EBITDA | 19.47 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CCI's earnings are expected to grow with 13.31% in the coming years.
PEG (NY)N/A
PEG (5Y)20.39
EPS Next 2Y12.19%
EPS Next 3Y13.31%
5. Dividend
5.1 Amount
CCI has a Yearly Dividend Yield of 4.32%, which is a nice return.
CCI's Dividend Yield is comparable with the industry average which is at 5.76.
CCI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.34.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
5.2 History
The dividend of CCI has a limited annual growth rate of 5.20%.
CCI has been paying a dividend for at least 10 years, so it has a reliable track record.
CCI has not decreased their dividend for at least 10 years, which is a reliable track record.
Dividend Growth(5Y)5.2%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
CCI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
CCI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-54.2%
EPS Next 2Y12.19%
EPS Next 3Y13.31%
98.49
+0.22 (+0.22%)
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 Change0%
Ins Owners0.09%
Ins Owner Change-1.45%
Market Cap42.89B
Revenue(TTM)6.57B
Net Income(TTM)-4638000000
Analysts75.2
Price Target120.14 (21.98%)
Short Float %1.1%
Short Ratio1.46
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.32% |
Yearly Dividend6.28
Dividend Growth(5Y)5.2%
DP-54.2%
Div Incr Years0
Div Non Decr Years10
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-75.75%
Min EPS beat(2)-172.34%
Max EPS beat(2)20.85%
EPS beat(4)2
Avg EPS beat(4)-37.2%
Min EPS beat(4)-172.34%
Max EPS beat(4)20.85%
EPS beat(8)4
Avg EPS beat(8)-19.88%
EPS beat(12)5
Avg EPS beat(12)-13.2%
EPS beat(16)9
Avg EPS beat(16)-9.25%
Revenue beat(2)2
Avg Revenue beat(2)0.95%
Min Revenue beat(2)0.95%
Max Revenue beat(2)0.95%
Revenue beat(4)3
Avg Revenue beat(4)0.43%
Min Revenue beat(4)-0.42%
Max Revenue beat(4)0.95%
Revenue beat(8)3
Avg Revenue beat(8)-0.2%
Revenue beat(12)4
Avg Revenue beat(12)-0.22%
Revenue beat(16)7
Avg Revenue beat(16)-0.05%
PT rev (1m)-0.39%
PT rev (3m)3.16%
EPS NQ rev (1m)0.12%
EPS NQ rev (3m)-8.97%
EPS NY rev (1m)-15.71%
EPS NY rev (3m)-18.26%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)-0.19%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.19%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 85.64 | ||
| Fwd PE | 32.33 | ||
| P/S | 7.91 | ||
| P/FCF | 17.9 | ||
| P/OCF | 14.07 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.47 |
EPS(TTM)1.15
EY1.17%
EPS(NY)3.05
Fwd EY3.09%
FCF(TTM)5.5
FCFY5.59%
OCF(TTM)7
OCFY7.11%
SpS12.45
BVpS-3.17
TBVpS-17.13
PEG (NY)N/A
PEG (5Y)20.39
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -14.66% | ||
| ROE | N/A | ||
| ROCE | 7.98% | ||
| ROIC | 6.3% | ||
| ROICexc | 6.32% | ||
| ROICexgc | 8.1% | ||
| OM | 40.94% | ||
| PM (TTM) | N/A | ||
| GM | 72.89% | ||
| FCFM | 44.19% |
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 Turnover0.17
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 10.14 | ||
| Debt/EBITDA | 6.4 | ||
| Cap/Depr | 53.48% | ||
| Cap/Sales | 12.04% | ||
| Interest Coverage | 2.38 | ||
| Cash Conversion | 88.61% | ||
| Profit Quality | N/A | ||
| Current Ratio | 0.28 | ||
| Quick Ratio | 0.28 | ||
| Altman-Z | 0.2 |
F-Score4
WACC7.19%
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)-59.22%
EPS 3Y-3.22%
EPS 5Y4.2%
EPS Q2Q%60%
EPS Next Y-72.9%
EPS Next 2Y12.19%
EPS Next 3Y13.31%
EPS Next 5Y20.23%
Revenue 1Y (TTM)-5.92%
Revenue growth 3Y1.18%
Revenue growth 5Y2.65%
Sales Q2Q%-35.11%
Revenue Next Year-35.55%
Revenue Next 2Y-18.72%
Revenue Next 3Y-12.83%
Revenue Next 5Y-4.68%
EBIT growth 1Y-1.68%
EBIT growth 3Y4.02%
EBIT growth 5Y7.43%
EBIT Next Year29.17%
EBIT Next 3Y12.42%
EBIT Next 5Y11.92%
FCF growth 1Y31.65%
FCF growth 3Y4.73%
FCF growth 5Y21.84%
OCF growth 1Y-6.64%
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 7 / 10 and the dividend payout ratio is -54.2%.