CTT-CORREIOS DE PORTUGAL (CTT.LS) Stock Fundamental Analysis
Europe - ELI:CTT - PTCTT0AM0001 - Common Stock
7.33 EUR
-0.02 (-0.27%)
We assign a fundamental rating of 4 out of 10 to CTT. CTT was compared to 15 industry peers in the Air Freight & Logistics industry. While CTT is still in line with the averages on profitability rating, there are concerns on its financial health. CTT has a decent growth rate and is not valued too expensively.
1. Profitability
1.1 Basic Checks
In the past year CTT was profitable.
In the past year CTT had a positive cash flow from operations.
Each year in the past 5 years CTT has been profitable.
CTT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CTT has a Return On Assets of 0.82%. This is in the lower half of the industry: CTT underperforms 73.33% of its industry peers.
Looking at the Return On Equity, with a value of 20.50%, CTT is in the better half of the industry, outperforming 80.00% of the companies in the same industry.
With a Return On Invested Capital value of 1.63%, CTT is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
The Average Return On Invested Capital over the past 3 years for CTT is significantly below the industry average of 8.19%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 20.5% | ||
| ROIC | 1.63% |
ROA(3y)0.99%
ROA(5y)0.92%
ROE(3y)19.57%
ROE(5y)18.38%
ROIC(3y)2.04%
ROIC(5y)2.04%
1.3 Margins
CTT has a Profit Margin of 4.63%. This is in the better half of the industry: CTT outperforms 66.67% of its industry peers.
CTT's Profit Margin has improved in the last couple of years.
CTT has a Operating Margin of 8.80%. This is in the better half of the industry: CTT outperforms 80.00% of its industry peers.
In the last couple of years the Operating Margin of CTT has grown nicely.
CTT's Gross Margin of 45.22% is in line compared to the rest of the industry. CTT outperforms 46.67% of its industry peers.
CTT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.8% | ||
| PM (TTM) | 4.63% | ||
| GM | 45.22% |
OM growth 3Y-4.17%
OM growth 5Y3.94%
PM growth 3Y-2.38%
PM growth 5Y2.13%
GM growth 3Y-3.38%
GM growth 5Y-5.22%
2. Health
2.1 Basic Checks
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CTT is destroying value.
CTT has less shares outstanding than it did 1 year ago.
CTT has less shares outstanding than it did 5 years ago.
CTT has a worse debt/assets ratio than last year.
2.2 Solvency
CTT has an Altman-Z score of 0.00. This is a bad value and indicates that CTT is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.00, CTT is doing worse than 80.00% of the companies in the same industry.
The Debt to FCF ratio of CTT is 20.26, which is on the high side as it means it would take CTT, 20.26 years of fcf income to pay off all of its debts.
With a Debt to FCF ratio value of 20.26, CTT is not doing good in the industry: 60.00% of the companies in the same industry are doing better.
A Debt/Equity ratio of 19.68 is on the high side and indicates that CTT has dependencies on debt financing.
CTT's Debt to Equity ratio of 19.68 is on the low side compared to the rest of the industry. CTT is outperformed by 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.68 | ||
| Debt/FCF | 20.26 | ||
| Altman-Z | 0 |
ROIC/WACC0.25
WACC6.51%
2.3 Liquidity
A Current Ratio of 0.63 indicates that CTT may have some problems paying its short term obligations.
With a Current ratio value of 0.63, CTT is not doing good in the industry: 80.00% of the companies in the same industry are doing better.
CTT has a Quick Ratio of 0.63. This is a bad value and indicates that CTT is not financially healthy enough and could expect problems in meeting its short term obligations.
CTT has a Quick ratio of 0.62. This is amonst the worse of the industry: CTT underperforms 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The earnings per share for CTT have decreased by -9.30% in the last year.
Measured over the past years, CTT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.30% on average per year.
CTT shows quite a strong growth in Revenue. In the last year, the Revenue has grown by 16.67%.
Measured over the past years, CTT shows a small growth in Revenue. The Revenue has been growing by 7.02% on average per year.
EPS 1Y (TTM)-9.3%
EPS 3Y8.89%
EPS 5Y11.3%
EPS Q2Q%38.98%
Revenue 1Y (TTM)16.67%
Revenue growth 3Y8.43%
Revenue growth 5Y7.02%
Sales Q2Q%38.33%
3.2 Future
Based on estimates for the next years, CTT will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.39% on average per year.
The Revenue is expected to grow by 11.58% on average over the next years. This is quite good.
EPS Next Y44.35%
EPS Next 2Y29.96%
EPS Next 3Y24.6%
EPS Next 5Y13.39%
Revenue Next Year24.81%
Revenue Next 2Y16.35%
Revenue Next 3Y12.72%
Revenue Next 5Y11.58%
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 stable.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.36, CTT is valued on the expensive side.
Compared to the rest of the industry, the Price/Earnings ratio of CTT indicates a slightly more expensive valuation: CTT is more expensive than 66.67% of the companies listed in the same industry.
Compared to an average S&P500 Price/Earnings ratio of 27.41, CTT is valued a bit cheaper.
The Price/Forward Earnings ratio is 12.79, which indicates a correct valuation of CTT.
The rest of the industry has a similar Price/Forward Earnings ratio as CTT.
When comparing the Price/Forward Earnings ratio of CTT to the average of the S&P500 Index (22.87), we can say CTT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.36 | ||
| Fwd PE | 12.79 |
4.2 Price Multiples
CTT's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CTT is cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.27 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CTT's earnings are expected to grow with 24.60% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.46
PEG (5Y)1.8
EPS Next 2Y29.96%
EPS Next 3Y24.6%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.27%, CTT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.77, CTT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, CTT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
5.2 History
The dividend of CTT is nicely growing with an annual growth rate of 12.74%!
Dividend Growth(5Y)12.74%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
CTT pays out 51.33% of its income as dividend. This is a bit on the high side, but may be sustainable.
CTT's earnings are growing around the same pace than its dividend. As long as the earnings growth is kept the dividend growth is sustainable.
DP51.33%
EPS Next 2Y29.96%
EPS Next 3Y24.6%
ELI:CTT (9/24/2025, 10:51:45 AM)
7.33
-0.02 (-0.27%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners28.29%
Inst Owner ChangeN/A
Ins Owners14.9%
Ins Owner ChangeN/A
Market Cap980.90M
Analysts75.56
Price Target8.74 (19.24%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.27% |
Yearly Dividend0.18
Dividend Growth(5Y)12.74%
DP51.33%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-18.59%
Min EPS beat(2)-56%
Max EPS beat(2)18.81%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-0.53%
Max Revenue beat(2)0.55%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)6.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)-3%
EPS NY rev (3m)0.52%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.08%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.36 | ||
| Fwd PE | 12.79 | ||
| P/S | 0.95 | ||
| P/FCF | 4.27 | ||
| P/OCF | 3.62 | ||
| P/B | 4.2 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.36
EY4.91%
EPS(NY)0.57
Fwd EY7.82%
FCF(TTM)1.72
FCFY23.4%
OCF(TTM)2.03
OCFY27.63%
SpS7.72
BVpS1.74
TBVpS-0.04
PEG (NY)0.46
PEG (5Y)1.8
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 20.5% | ||
| ROCE | 9.49% | ||
| ROIC | 1.63% | ||
| ROICexc | 3.34% | ||
| ROICexgc | 3.69% | ||
| OM | 8.8% | ||
| PM (TTM) | 4.63% | ||
| GM | 45.22% | ||
| FCFM | 22.23% |
ROA(3y)0.99%
ROA(5y)0.92%
ROE(3y)19.57%
ROE(5y)18.38%
ROIC(3y)2.04%
ROIC(5y)2.04%
ROICexc(3y)3.78%
ROICexc(5y)3.43%
ROICexgc(3y)4.07%
ROICexgc(5y)3.69%
ROCE(3y)9.38%
ROCE(5y)8.78%
ROICexcg growth 3Y0.86%
ROICexcg growth 5Y1.91%
ROICexc growth 3Y0.94%
ROICexc growth 5Y2.37%
OM growth 3Y-4.17%
OM growth 5Y3.94%
PM growth 3Y-2.38%
PM growth 5Y2.13%
GM growth 3Y-3.38%
GM growth 5Y-5.22%
F-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.68 | ||
| Debt/FCF | 20.26 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 4.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 479.74% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0 |
F-Score6
WACC6.51%
ROIC/WACC0.25
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)3.96%
Cap/Sales(5y)4.32%
Profit Quality(3y)1307.46%
Profit Quality(5y)1092.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.3%
EPS 3Y8.89%
EPS 5Y11.3%
EPS Q2Q%38.98%
EPS Next Y44.35%
EPS Next 2Y29.96%
EPS Next 3Y24.6%
EPS Next 5Y13.39%
Revenue 1Y (TTM)16.67%
Revenue growth 3Y8.43%
Revenue growth 5Y7.02%
Sales Q2Q%38.33%
Revenue Next Year24.81%
Revenue Next 2Y16.35%
Revenue Next 3Y12.72%
Revenue Next 5Y11.58%
EBIT growth 1Y4.05%
EBIT growth 3Y3.91%
EBIT growth 5Y11.24%
EBIT Next Year160.41%
EBIT Next 3Y43.56%
EBIT Next 5Y28.16%
FCF growth 1Y65.03%
FCF growth 3Y220.7%
FCF growth 5Y26.43%
OCF growth 1Y57.72%
OCF growth 3Y152.01%
OCF growth 5Y24.39%