CTT-CORREIOS DE PORTUGAL (CTT.LS) Stock Fundamental Analysis
ELI:CTT - Euronext Lisbon - PTCTT0AM0001 - Common Stock - Currency: EUR
Overall CTT gets a fundamental rating of 4 out of 10. We evaluated CTT against 13 industry peers in the Air Freight & Logistics industry. There are concerns on the financial health of CTT while its profitability can be described as average. CTT has a correct valuation and a medium growth rate.
1. Profitability
1.1 Basic Checks
In the past year CTT was profitable.
CTT had a positive operating cash flow in the past year.
CTT had positive earnings in each of the past 5 years.
In the past 5 years CTT always reported a positive cash flow from operatings.
1.2 Ratios
CTT has a worse Return On Assets (0.78%) than 76.92% of its industry peers.
CTT has a Return On Equity of 17.99%. This is in the better half of the industry: CTT outperforms 76.92% of its industry peers.
CTT has a Return On Invested Capital of 1.53%. This is in the lower half of the industry: CTT underperforms 61.54% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CTT is below the industry average of 6.49%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 17.99% | ||
| ROIC | 1.53% |
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 better Profit Margin (4.41%) than 69.23% of its industry peers.
In the last couple of years the Profit Margin of CTT has grown nicely.
CTT's Operating Margin of 8.32% is amongst the best of the industry. CTT outperforms 92.31% of its industry peers.
CTT's Operating Margin has improved in the last couple of years.
CTT's Gross Margin of 46.53% is in line compared to the rest of the industry. CTT outperforms 46.15% of its industry peers.
CTT's Gross Margin has declined in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.32% | ||
| PM (TTM) | 4.41% | ||
| GM | 46.53% |
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
CTT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it 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 0.01. This is a bad value and indicates that CTT is not financially healthy and even has some risk of bankruptcy.
The Altman-Z score of CTT (0.01) is worse than 69.23% of its industry peers.
The Debt to FCF ratio of CTT is 9.04, which is on the high side as it means it would take CTT, 9.04 years of fcf income to pay off all of its debts.
CTT's Debt to FCF ratio of 9.04 is in line compared to the rest of the industry. CTT outperforms 46.15% of its industry peers.
CTT has a Debt/Equity ratio of 18.16. This is a high value indicating a heavy dependency on external financing.
CTT has a worse Debt to Equity ratio (18.16) than 84.62% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 18.16 | ||
| Debt/FCF | 9.04 | ||
| Altman-Z | 0.01 |
ROIC/WACC0.23
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: 76.92% 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's Quick ratio of 0.63 is on the low side compared to the rest of the industry. CTT is outperformed by 76.92% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.63 |
3. Growth
3.1 Past
The earnings per share for CTT have decreased by -7.69% in the last year.
CTT shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -2.33% yearly.
Looking at the last year, CTT shows a small growth in Revenue. The Revenue has grown by 4.07% in the last year.
CTT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 3.13% yearly.
EPS 1Y (TTM)-7.69%
EPS 3Y8.31%
EPS 5Y-2.33%
EPS Q2Q%N/A
Revenue 1Y (TTM)4.07%
Revenue growth 3Y4.65%
Revenue growth 5Y3.13%
Sales Q2Q%38.33%
3.2 Future
The Earnings Per Share is expected to grow by 20.48% on average over the next years. This is a very strong growth
Based on estimates for the next years, CTT will show a quite strong growth in Revenue. The Revenue will grow by 10.55% on average per year.
EPS Next Y45.27%
EPS Next 2Y18.91%
EPS Next 3Y26.63%
EPS Next 5Y20.49%
Revenue Next Year7.04%
Revenue Next 2Y6.41%
Revenue Next 3Y12.62%
Revenue Next 5Y10.55%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
CTT is valuated quite expensively with a Price/Earnings ratio of 31.08.
Based on the Price/Earnings ratio, CTT is valued a bit more expensive than the industry average as 76.92% of the companies are valued more cheaply.
CTT is valuated at similar levels of the S&P average when we compare the Price/Earnings ratio to 26.99, which is the current average of the S&P500 Index.
CTT is valuated rather expensively with a Price/Forward Earnings ratio of 21.98.
Based on the Price/Forward Earnings ratio, CTT is valued a bit more expensive than the industry average as 61.54% of the companies are valued more cheaply.
The average S&P500 Price/Forward Earnings ratio is at 36.36. CTT is valued slightly cheaper when compared to this.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.08 | ||
| Fwd PE | 21.98 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CTT is valued cheaper than 84.62% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 2.03 | ||
| 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 26.63% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.69
PEG (5Y)N/A
EPS Next 2Y18.91%
EPS Next 3Y26.63%
5. Dividend
5.1 Amount
CTT has a Yearly Dividend Yield of 2.30%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.69, CTT has a dividend in line with its industry peers.
CTT's Dividend Yield is comparable with the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
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
57.25% of the earnings are spent on dividend by CTT. This is a bit on the high side, but may be sustainable.
CTT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP57.25%
EPS Next 2Y18.91%
EPS Next 3Y26.63%
ELI:CTT (8/6/2025, 7:00:00 PM)
7.46
+0.03 (+0.4%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners27.73%
Inst Owner ChangeN/A
Ins Owners14.86%
Ins Owner ChangeN/A
Market Cap998.30M
Analysts75.56
Price Target8.74 (17.16%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.3% |
Yearly Dividend0.18
Dividend Growth(5Y)12.74%
DP57.25%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
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)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
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)0.71%
PT rev (3m)7.8%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-28.57%
EPS NY rev (1m)0%
EPS NY rev (3m)0%
Revenue NQ rev (1m)0.29%
Revenue NQ rev (3m)-2.23%
Revenue NY rev (1m)2.92%
Revenue NY rev (3m)3.42%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 31.08 | ||
| Fwd PE | 21.98 | ||
| P/S | 1.01 | ||
| P/FCF | 2.03 | ||
| P/OCF | 1.86 | ||
| P/B | 4.12 | ||
| P/tB | 11.18 | ||
| EV/EBITDA | N/A |
EPS(TTM)0.24
EY3.22%
EPS(NY)0.34
Fwd EY4.55%
FCF(TTM)3.68
FCFY49.33%
OCF(TTM)4.02
OCFY53.86%
SpS7.39
BVpS1.81
TBVpS0.67
PEG (NY)0.69
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.78% | ||
| ROE | 17.99% | ||
| ROCE | 9.07% | ||
| ROIC | 1.53% | ||
| ROICexc | 3.24% | ||
| ROICexgc | 3.46% | ||
| OM | 8.32% | ||
| PM (TTM) | 4.41% | ||
| GM | 46.53% | ||
| FCFM | 49.81% |
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 | 18.16 | ||
| Debt/FCF | 9.04 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 4.58% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 1129.08% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.63 | ||
| Altman-Z | 0.01 |
F-Score6
WACC6.51%
ROIC/WACC0.23
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)-7.69%
EPS 3Y8.31%
EPS 5Y-2.33%
EPS Q2Q%N/A
EPS Next Y45.27%
EPS Next 2Y18.91%
EPS Next 3Y26.63%
EPS Next 5Y20.49%
Revenue 1Y (TTM)4.07%
Revenue growth 3Y4.65%
Revenue growth 5Y3.13%
Sales Q2Q%38.33%
Revenue Next Year7.04%
Revenue Next 2Y6.41%
Revenue Next 3Y12.62%
Revenue Next 5Y10.55%
EBIT growth 1Y-5.67%
EBIT growth 3Y3.91%
EBIT growth 5Y11.24%
EBIT Next Year154.99%
EBIT Next 3Y43.49%
EBIT Next 5Y28.16%
FCF growth 1Y89.19%
FCF growth 3Y220.7%
FCF growth 5Y26.43%
OCF growth 1Y84.59%
OCF growth 3Y152.01%
OCF growth 5Y24.39%