CTT-CORREIOS DE PORTUGAL (CTT.LS) Stock Fundamental Analysis
ELI:CTT - PTCTT0AM0001 - Common Stock
7.37 EUR
-0.06 (-0.81%)
CTT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals 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 is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CTT had positive earnings in the past year.
CTT had a positive operating cash flow in the past year.
Each year in the past 5 years CTT has been profitable.
In the past 5 years CTT always reported a positive cash flow from operatings.
1.2 Ratios
CTT has a Return On Assets of 0.82%. This is in the lower half of the industry: CTT underperforms 69.23% of its industry peers.
With an excellent Return On Equity value of 20.50%, CTT belongs to the best of the industry, outperforming 84.62% of the companies in the same industry.
CTT's Return On Invested Capital of 1.63% is in line compared to the rest of the industry. CTT outperforms 46.15% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CTT is significantly below the industry average of 8.27%.
| 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
Looking at the Profit Margin, with a value of 4.63%, CTT is in the better half of the industry, outperforming 69.23% of the companies in the same industry.
In the last couple of years the Profit Margin of CTT has grown nicely.
CTT has a better Operating Margin (8.80%) than 84.62% of its industry peers.
CTT's Operating Margin has improved in the last couple of years.
CTT has a Gross Margin (45.22%) which is in line with its industry peers.
In the last couple of years the Gross Margin of CTT has declined.
| 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CTT is destroying value.
Compared to 1 year ago, CTT has less shares outstanding
Compared to 5 years ago, CTT has less shares outstanding
Compared to 1 year ago, CTT has a worse debt to assets ratio.
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.
CTT's Altman-Z score of 0.00 is on the low side compared to the rest of the industry. CTT is outperformed by 76.92% of its industry peers.
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.
CTT has a Debt to FCF ratio (20.26) which is comparable to the rest of the industry.
A Debt/Equity ratio of 19.68 is on the high side and indicates that CTT has dependencies on debt financing.
With a Debt to Equity ratio value of 19.68, CTT is not doing good in the industry: 84.62% of the companies in the same industry are doing better.
| 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.
Looking at the Current ratio, with a value of 0.63, CTT is doing worse than 76.92% of the companies in the same industry.
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 0.62 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 | 0.62 |
3. Growth
3.1 Past
CTT shows a slight negative growth in Earnings Per Share. In the last year, the EPS has decreased by -9.30%.
The Earnings Per Share has been growing by 11.30% on average over the past years. This is quite good.
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
CTT is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.29% yearly.
CTT is expected to show quite a strong growth in Revenue. In the coming years, the Revenue will grow by 11.58% yearly.
EPS Next Y48.81%
EPS Next 2Y32.96%
EPS Next 3Y26.8%
EPS Next 5Y20.29%
Revenue Next Year26.16%
Revenue Next 2Y17.18%
Revenue Next 3Y13.4%
Revenue Next 5Y11.58%
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 accelerating: in the next years the growth will be better than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
With a Price/Earnings ratio of 20.47, CTT is valued on the expensive side.
CTT's Price/Earnings ratio is a bit more expensive when compared to the industry. CTT is more expensive than 61.54% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 27.17. CTT is valued slightly cheaper when compared to this.
A Price/Forward Earnings ratio of 12.28 indicates a correct valuation of CTT.
Based on the Price/Forward Earnings ratio, CTT is valued a bit cheaper than 69.23% of the companies in the same industry.
CTT is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 22.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.47 | ||
| Fwd PE | 12.28 |
4.2 Price Multiples
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CTT indicates a rather cheap valuation: CTT is cheaper than 92.31% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.3 | ||
| 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.
The decent profitability rating of CTT may justify a higher PE ratio.
CTT's earnings are expected to grow with 26.80% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.42
PEG (5Y)1.81
EPS Next 2Y32.96%
EPS Next 3Y26.8%
5. Dividend
5.1 Amount
CTT has a Yearly Dividend Yield of 2.15%.
CTT's Dividend Yield is comparable with the industry average which is at 3.61.
Compared to an average S&P500 Dividend Yield of 2.34, CTT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.15% |
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 more than its dividend. This makes the dividend growth sustainable.
DP51.33%
EPS Next 2Y32.96%
EPS Next 3Y26.8%
ELI:CTT (8/28/2025, 5:29:59 PM)
7.37
-0.06 (-0.81%)
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 Cap986.25M
Analysts75.56
Price Target8.74 (18.59%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.15% |
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)3.63%
EPS NY rev (3m)3.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)2.92%
Revenue NY rev (3m)2.92%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.47 | ||
| Fwd PE | 12.28 | ||
| P/S | 0.95 | ||
| P/FCF | 4.3 | ||
| P/OCF | 3.64 | ||
| P/B | 4.23 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.36
EY4.88%
EPS(NY)0.6
Fwd EY8.14%
FCF(TTM)1.72
FCFY23.28%
OCF(TTM)2.03
OCFY27.48%
SpS7.72
BVpS1.74
TBVpS-0.04
PEG (NY)0.42
PEG (5Y)1.81
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 Y48.81%
EPS Next 2Y32.96%
EPS Next 3Y26.8%
EPS Next 5Y20.29%
Revenue 1Y (TTM)16.67%
Revenue growth 3Y8.43%
Revenue growth 5Y7.02%
Sales Q2Q%38.33%
Revenue Next Year26.16%
Revenue Next 2Y17.18%
Revenue Next 3Y13.4%
Revenue Next 5Y11.58%
EBIT growth 1Y4.05%
EBIT growth 3Y3.91%
EBIT growth 5Y11.24%
EBIT Next Year154.99%
EBIT Next 3Y43.49%
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%