CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCI - US22822V1017 - REIT
83.67 USD
-0.85 (-1.01%)
84.6 USD
+0.93 (+1.11%)
We assign a fundamental rating of 3 out of 10 to CCI. CCI was compared to 30 industry peers in the Specialized REITs industry. CCI has a medium profitability rating, but doesn't score so well on its financial health evaluation. CCI has a expensive valuation and it also scores bad on growth.
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.
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
Looking at the Return On Assets, with a value of -14.66%, CCI is doing worse than 83.33% of the companies in the same industry.
CCI's Return On Invested Capital of 6.22% is fine compared to the rest 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 4.86%.
The 3 year average ROIC (5.58%) for CCI is below the current ROIC(6.22%), indicating increased profibility in the last year.
| 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
With a decent Operating Margin value of 44.22%, CCI is doing good in the industry, outperforming 73.33% of the companies in the same industry.
CCI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 73.36%, CCI perfoms like the industry average, outperforming 56.67% of the companies in the same 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
CCI has more shares outstanding than it did 5 years ago.
CCI has a worse debt/assets ratio than last year.
2.2 Solvency
Based on the Altman-Z score of 0.04, we must say that CCI is in the distress zone and has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.04, CCI is doing worse than 83.33% of the companies in the same industry.
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.
CCI's Debt to FCF ratio of 9.13 is fine compared to the rest of the industry. CCI outperforms 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.13 | ||
| Altman-Z | 0.04 |
ROIC/WACC0.85
WACC7.33%
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.
With a Current ratio value of 0.26, CCI is not doing good in the industry: 83.33% of the companies in the same industry are doing better.
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 83.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
CCI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -72.70%.
Measured over the past 5 years, CCI shows a small growth in Earnings Per Share. The EPS has been growing by 4.20% on average per year.
Looking at the last year, CCI shows a very negative growth in Revenue. The Revenue has decreased by -26.56% in the last 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)-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
The Earnings Per Share is expected to grow by 19.34% on average over the next years. This is quite good.
CCI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.29% yearly.
EPS Next Y-65.84%
EPS Next 2Y11.07%
EPS Next 3Y13.03%
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
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 108.66, the valuation of CCI can be described as expensive.
CCI's Price/Earnings ratio is a bit more expensive when compared to the industry. CCI is more expensive than 70.00% of the companies in the same industry.
CCI is valuated expensively when we compare the Price/Earnings ratio to 27.19, which is the current average of the S&P500 Index.
Based on the Price/Forward Earnings ratio of 28.03, the valuation of CCI can be described as expensive.
The rest of the industry has a similar Price/Forward Earnings ratio as CCI.
CCI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 23.88, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 108.66 | ||
| Fwd PE | 28.03 |
4.2 Price Multiples
The rest of the industry has a similar Enterprise Value to EBITDA ratio as CCI.
Based on the Price/Free Cash Flow ratio, CCI is valued cheaply inside the industry as 86.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 13.67 | ||
| EV/EBITDA | 19.71 |
4.3 Compensation for Growth
CCI's earnings are expected to grow with 13.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)25.87
EPS Next 2Y11.07%
EPS Next 3Y13.03%
5. Dividend
5.1 Amount
CCI has a Yearly Dividend Yield of 4.78%, which is a nice return.
Compared to an average industry Dividend Yield of 5.69, CCI is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 1.94, CCI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
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 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
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-49.7%
EPS Next 2Y11.07%
EPS Next 3Y13.03%
83.67
-0.85 (-1.01%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners98.85%
Inst Owner Change0%
Ins Owners0.08%
Ins Owner Change-1.26%
Market Cap36.44B
Revenue(TTM)4.84B
Net Income(TTM)-4.62B
Analysts75.83
Price Target115.86 (38.47%)
Short Float %2.67%
Short Ratio3.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
Yearly Dividend6.28
Dividend Growth(5Y)5.2%
DP-49.7%
Div Incr Years0
Div Non Decr Years10
Ex-DateN/A
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)-1.42%
PT rev (3m)-3.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.04%
EPS NY rev (1m)0%
EPS NY rev (3m)25.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 108.66 | ||
| Fwd PE | 28.03 | ||
| P/S | 7.53 | ||
| P/FCF | 13.67 | ||
| P/OCF | 11.89 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.71 |
EPS(TTM)0.77
EY0.92%
EPS(NY)2.99
Fwd EY3.57%
FCF(TTM)6.12
FCFY7.31%
OCF(TTM)7.04
OCFY8.41%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)25.87
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 | 0.04 |
F-Score4
WACC7.33%
ROIC/WACC0.85
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-65.84%
EPS Next 2Y11.07%
EPS Next 3Y13.03%
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 Year30.81%
EBIT Next 3Y12.1%
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.
What is the valuation status of CROWN CASTLE INC (CCI) stock?
ChartMill assigns a valuation rating of 3 / 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.
Can you provide the PE and PB ratios for CCI stock?
The Price/Earnings (PE) ratio for CROWN CASTLE INC (CCI) is 108.66 and the Price/Book (PB) ratio is -24.4.
What is the earnings growth outlook for CROWN CASTLE INC?
The Earnings per Share (EPS) of CROWN CASTLE INC (CCI) is expected to decline by -65.84% in the next year.