CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCI - US22822V1017 - REIT
85.09 USD
-2.04 (-2.34%)
85.1 USD
+0.01 (+0.01%)
CCI gets a fundamental rating of 3 out of 10. The analysis compared the fundamentals against 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 is valued expensive and it does not seem to be growing.
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: 83.33% of the companies in the same industry are doing better.
The Return On Invested Capital of CCI (6.22%) is better than 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 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 has a Operating Margin of 44.22%. This is in the better half of the industry: CCI outperforms 73.33% of its industry peers.
CCI's Operating Margin has improved in the last couple of years.
Looking at the Gross Margin, with a value of 73.36%, CCI is in line with its industry, outperforming 56.67% of the companies in the same industry.
CCI's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CCI is destroying value.
The number of shares outstanding for CCI has been increased compared to 1 year ago.
Compared to 5 years ago, CCI has more shares outstanding
CCI has a worse debt/assets ratio than last year.
2.2 Solvency
CCI has an Altman-Z score of 0.04. 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 0.04 is on the low side compared to the rest of the industry. CCI is outperformed by 83.33% 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.
CCI has a Debt to FCF ratio of 9.13. This is in the better half 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
A Current Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
CCI has a worse Current ratio (0.26) than 83.33% of its industry peers.
A Quick Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
CCI has a worse Quick ratio (0.26) than 83.33% 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.
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.
The Revenue has been growing slightly by 2.65% on average over the past years.
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.
Based on estimates for the next years, CCI will show a decrease in Revenue. The Revenue will decrease by -5.29% on average per year.
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
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
A Price/Earnings ratio of 110.51 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.
When comparing the Price/Earnings ratio of CCI to the average of the S&P500 Index (26.92), we can say CCI is valued expensively.
With a Price/Forward Earnings ratio of 28.50, CCI can be considered very expensive at the moment.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCI is on the same level as its industry peers.
CCI is valuated rather expensively when we compare the Price/Forward Earnings ratio to 23.57, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 110.51 | ||
| Fwd PE | 28.5 |
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.
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 | 13.9 | ||
| EV/EBITDA | 19.79 |
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)26.31
EPS Next 2Y11.07%
EPS Next 3Y13.03%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.78%, CCI is a good candidate for dividend investing.
CCI's Dividend Yield is slightly below the industry average, which is at 5.69.
CCI's Dividend Yield is rather good when compared to the S&P500 average which is at 1.94.
| 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 paid a dividend for at least 10 years, which is 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.
The dividend of CCI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-49.7%
EPS Next 2Y11.07%
EPS Next 3Y13.03%
85.09
-2.04 (-2.34%)
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 Cap37.05B
Revenue(TTM)4.84B
Net Income(TTM)-4.62B
Analysts75.83
Price Target115.86 (36.16%)
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 | 110.51 | ||
| Fwd PE | 28.5 | ||
| P/S | 7.65 | ||
| P/FCF | 13.9 | ||
| P/OCF | 12.09 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.79 |
EPS(TTM)0.77
EY0.9%
EPS(NY)2.99
Fwd EY3.51%
FCF(TTM)6.12
FCFY7.19%
OCF(TTM)7.04
OCFY8.27%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)26.31
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 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.
Can you provide the PE and PB ratios for CCI stock?
The Price/Earnings (PE) ratio for CROWN CASTLE INC (CCI) is 110.51 and the Price/Book (PB) ratio is -24.82.
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.