CLEAR CHANNEL OUTDOOR HOLDIN (CCO) Stock Fundamental Analysis
USA - NYSE:CCO - US18453H1068 - Common Stock
1.99 USD
+0.13 (+6.99%)
2.02 USD
+0.03 (+1.51%)
Taking everything into account, CCO scores 3 out of 10 in our fundamental rating. CCO was compared to 95 industry peers in the Media industry. While CCO is still in line with the averages on profitability rating, there are concerns on its financial health. CCO is valued expensive and it does not seem to be growing.
1. Profitability
1.1 Basic Checks
CCO had positive earnings in the past year.
In the past year CCO had a positive cash flow from operations.
CCO had negative earnings in each of the past 5 years.
In multiple years CCO reported negative operating cash flow during the last 5 years.
1.2 Ratios
CCO has a Return On Assets of -4.76%. This is in the lower half of the industry: CCO underperforms 60.00% of its industry peers.
CCO's Return On Invested Capital of 7.11% is fine compared to the rest of the industry. CCO outperforms 74.74% of its industry peers.
CCO had an Average Return On Invested Capital over the past 3 years of 5.68%. This is below the industry average of 8.50%.
The last Return On Invested Capital (7.11%) for CCO is above the 3 year average (5.68%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.76% | ||
| ROE | N/A | ||
| ROIC | 7.11% |
ROA(3y)-4.07%
ROA(5y)-6.1%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.68%
ROIC(5y)N/A
1.3 Margins
Looking at the Operating Margin, with a value of 19.07%, CCO belongs to the top of the industry, outperforming 89.47% of the companies in the same industry.
In the last couple of years the Operating Margin of CCO has grown nicely.
CCO has a Gross Margin of 54.86%. This is in the better half of the industry: CCO outperforms 66.32% of its industry peers.
In the last couple of years the Gross Margin of CCO has grown nicely.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 19.07% | ||
| PM (TTM) | N/A | ||
| GM | 54.86% |
OM growth 3Y41.61%
OM growth 5Y14.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.5%
GM growth 5Y3.63%
2. Health
2.1 Basic Checks
CCO 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 CCO has been increased compared to 1 year ago.
The number of shares outstanding for CCO has been increased compared to 5 years ago.
Compared to 1 year ago, CCO has an improved debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of -1.80, we must say that CCO is in the distress zone and has some risk of bankruptcy.
The Altman-Z score of CCO (-1.80) is worse than 77.89% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Altman-Z | -1.8 |
ROIC/WACC0.95
WACC7.5%
2.3 Liquidity
CCO has a Current Ratio of 1.15. This is a normal value and indicates that CCO is financially healthy and should not expect problems in meeting its short term obligations.
With a Current ratio value of 1.15, CCO perfoms like the industry average, outperforming 48.42% of the companies in the same industry.
A Quick Ratio of 1.15 indicates that CCO should not have too much problems paying its short term obligations.
CCO has a Quick ratio (1.15) which is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 106.50% over the past year.
Looking at the last year, CCO shows a small growth in Revenue. The Revenue has grown by 4.95% in the last year.
The Revenue for CCO have been decreasing by -10.92% on average. This is quite bad
EPS 1Y (TTM)106.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%125%
Revenue 1Y (TTM)4.95%
Revenue growth 3Y-12.42%
Revenue growth 5Y-10.92%
Sales Q2Q%-27.88%
3.2 Future
CCO is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 26.04% yearly.
The Revenue is expected to decrease by -4.62% on average over the next years.
EPS Next Y129.82%
EPS Next 2Y32.12%
EPS Next 3Y26.04%
EPS Next 5YN/A
Revenue Next Year-25.01%
Revenue Next 2Y-11.69%
Revenue Next 3Y-6.91%
Revenue Next 5Y-4.62%
3.3 Evolution
The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
The Price/Earnings ratio is 39.80, which means the current valuation is very expensive for CCO.
CCO's Price/Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Earnings ratio of 26.91, CCO is valued a bit more expensive.
CCO is expected to report negative earnings next year, which makes the Forward Price/Earnings Ratio negative.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.8 | ||
| Fwd PE | N/A |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of CCO is on the same level as its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | 12.03 |
4.3 Compensation for Growth
CCO's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
A more expensive valuation may be justified as CCO's earnings are expected to grow with 26.04% in the coming years.
PEG (NY)0.31
PEG (5Y)N/A
EPS Next 2Y32.12%
EPS Next 3Y26.04%
5. Dividend
5.1 Amount
CCO does not give a dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
1.99
+0.13 (+6.99%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupMedia & Entertainment
GICS IndustryMedia
Earnings (Last)
Earnings (Next)
Inst Owners69.67%
Inst Owner Change0.01%
Ins Owners16.3%
Ins Owner Change8.81%
Market Cap989.05M
Revenue(TTM)1.51B
Net Income(TTM)-179254000
Analysts50.77
Price Target1.86 (-6.53%)
Short Float %4.76%
Short Ratio4.57
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | N/A |
Yearly DividendN/A
Dividend Growth(5Y)N/A
DP0%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)2
Avg EPS beat(2)169.8%
Min EPS beat(2)138.08%
Max EPS beat(2)201.51%
EPS beat(4)3
Avg EPS beat(4)-76.34%
Min EPS beat(4)-650.05%
Max EPS beat(4)201.51%
EPS beat(8)4
Avg EPS beat(8)-113.41%
EPS beat(12)5
Avg EPS beat(12)-56.02%
EPS beat(16)6
Avg EPS beat(16)-44.44%
Revenue beat(2)0
Avg Revenue beat(2)-0.96%
Min Revenue beat(2)-1.88%
Max Revenue beat(2)-0.04%
Revenue beat(4)0
Avg Revenue beat(4)-7.83%
Min Revenue beat(4)-28.7%
Max Revenue beat(4)-0.04%
Revenue beat(8)1
Avg Revenue beat(8)-5.36%
Revenue beat(12)1
Avg Revenue beat(12)-3.78%
Revenue beat(16)2
Avg Revenue beat(16)-3.15%
PT rev (1m)10.98%
PT rev (3m)20.53%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-0.51%
EPS NY rev (1m)37.85%
EPS NY rev (3m)171.77%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)2.44%
Revenue NY rev (1m)0%
Revenue NY rev (3m)1.01%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 39.8 | ||
| Fwd PE | N/A | ||
| P/S | 0.66 | ||
| P/FCF | N/A | ||
| P/OCF | 11.49 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 12.03 |
EPS(TTM)0.05
EY2.51%
EPS(NY)-0.09
Fwd EYN/A
FCF(TTM)-0.13
FCFYN/A
OCF(TTM)0.17
OCFY8.7%
SpS3.03
BVpS-6.86
TBVpS-9.48
PEG (NY)0.31
PEG (5Y)N/A
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | -4.76% | ||
| ROE | N/A | ||
| ROCE | 9% | ||
| ROIC | 7.11% | ||
| ROICexc | 7.43% | ||
| ROICexgc | 12.96% | ||
| OM | 19.07% | ||
| PM (TTM) | N/A | ||
| GM | 54.86% | ||
| FCFM | N/A |
ROA(3y)-4.07%
ROA(5y)-6.1%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)5.68%
ROIC(5y)N/A
ROICexc(3y)6.02%
ROICexc(5y)N/A
ROICexgc(3y)10.41%
ROICexgc(5y)N/A
ROCE(3y)7.2%
ROCE(5y)N/A
ROICexgc growth 3Y24.11%
ROICexgc growth 5Y8.49%
ROICexc growth 3Y28.14%
ROICexc growth 5Y9.35%
OM growth 3Y41.61%
OM growth 5Y14.66%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y7.5%
GM growth 5Y3.63%
F-Score5
Asset Turnover0.4
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | N/A | ||
| Debt/EBITDA | 10.41 | ||
| Cap/Depr | 75.36% | ||
| Cap/Sales | 10% | ||
| Interest Coverage | 0.67 | ||
| Cash Conversion | 17.68% | ||
| Profit Quality | N/A | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.15 | ||
| Altman-Z | -1.8 |
F-Score5
WACC7.5%
ROIC/WACC0.95
Cap/Depr(3y)74.61%
Cap/Depr(5y)62.93%
Cap/Sales(3y)11.21%
Cap/Sales(5y)9.55%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)106.5%
EPS 3YN/A
EPS 5YN/A
EPS Q2Q%125%
EPS Next Y129.82%
EPS Next 2Y32.12%
EPS Next 3Y26.04%
EPS Next 5YN/A
Revenue 1Y (TTM)4.95%
Revenue growth 3Y-12.42%
Revenue growth 5Y-10.92%
Sales Q2Q%-27.88%
Revenue Next Year-25.01%
Revenue Next 2Y-11.69%
Revenue Next 3Y-6.91%
Revenue Next 5Y-4.62%
EBIT growth 1Y20.35%
EBIT growth 3Y24.01%
EBIT growth 5Y2.14%
EBIT Next Year77.3%
EBIT Next 3Y25.02%
EBIT Next 5Y18.87%
FCF growth 1Y60.14%
FCF growth 3YN/A
FCF growth 5YN/A
OCF growth 1Y29.65%
OCF growth 3YN/A
OCF growth 5Y-17.95%
CLEAR CHANNEL OUTDOOR HOLDIN / CCO FAQ
What is the fundamental rating for CCO stock?
ChartMill assigns a fundamental rating of 3 / 10 to CCO.
What is the valuation status for CCO stock?
ChartMill assigns a valuation rating of 2 / 10 to CLEAR CHANNEL OUTDOOR HOLDIN (CCO). This can be considered as Overvalued.
Can you provide the profitability details for CLEAR CHANNEL OUTDOOR HOLDIN?
CLEAR CHANNEL OUTDOOR HOLDIN (CCO) has a profitability rating of 4 / 10.
How financially healthy is CLEAR CHANNEL OUTDOOR HOLDIN?
The financial health rating of CLEAR CHANNEL OUTDOOR HOLDIN (CCO) is 2 / 10.
What is the expected EPS growth for CLEAR CHANNEL OUTDOOR HOLDIN (CCO) stock?
The Earnings per Share (EPS) of CLEAR CHANNEL OUTDOOR HOLDIN (CCO) is expected to grow by 129.82% in the next year.