CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCI - US22822V1017 - REIT
89.4 USD
+0.38 (+0.43%)
89.4 USD
0 (0%)
Overall CCI gets a fundamental rating of 3 out of 10. We evaluated CCI against 30 industry peers in the Specialized REITs industry. There are concerns on the financial health of CCI while its profitability can be described as average. CCI does not seem to be growing, but still is valued expensively.
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.
CCI had positive earnings in 4 of the past 5 years.
CCI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of -14.66%, CCI is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
CCI has a Return On Invested Capital of 6.22%. This is in the better half of the industry: CCI outperforms 76.67% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CCI is in line with the industry average of 4.77%.
The 3 year average ROIC (5.58%) for CCI is below the current ROIC(6.22%), indicating increased profibility in the last year.
| 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's Operating Margin of 44.22% is fine compared to the rest of the industry. CCI outperforms 73.33% of its industry peers.
CCI's Operating Margin has improved in the last couple of years.
CCI has a Gross Margin (73.36%) which is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CCI has grown nicely.
| 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
CCI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
Compared to 1 year ago, CCI has more shares outstanding
CCI has more shares outstanding than it did 5 years ago.
The debt/assets ratio for CCI is higher compared to a year ago.
2.2 Solvency
Based on the Altman-Z score of 0.07, we must say that CCI is in the distress zone and has some risk of bankruptcy.
CCI has a worse Altman-Z score (0.07) than 86.67% of its industry peers.
CCI has a debt to FCF ratio of 9.13. This is a negative value and a sign of low solvency as CCI would need 9.13 years to pay back of all of its debts.
The Debt to FCF ratio of CCI (9.13) is better than 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.13 | ||
| Altman-Z | 0.07 |
ROIC/WACC0.88
WACC7.05%
2.3 Liquidity
CCI has a Current Ratio of 0.26. This is a bad value and indicates that CCI is not financially healthy enough and could expect problems in meeting its short term obligations.
With a Current ratio value of 0.26, CCI is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
A Quick Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
With a Quick ratio value of 0.26, CCI is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
| 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.
CCI shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 4.20% yearly.
Looking at the last year, CCI shows a very negative growth in Revenue. The Revenue has decreased by -26.56% in the last year.
CCI shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.65% yearly.
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-64.26%
EPS Next 2Y11.03%
EPS Next 3Y8%
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
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
CCI is valuated quite expensively with a Price/Earnings ratio of 116.10.
Based on the Price/Earnings ratio, CCI is valued a bit more expensive than 70.00% of the companies in the same industry.
When comparing the Price/Earnings ratio of CCI to the average of the S&P500 Index (25.98), we can say CCI is valued expensively.
The Price/Forward Earnings ratio is 29.96, which means the current valuation is very expensive for CCI.
The rest of the industry has a similar Price/Forward Earnings ratio as CCI.
Compared to an average S&P500 Price/Forward Earnings ratio of 35.79, CCI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 116.1 | ||
| Fwd PE | 29.96 |
4.2 Price Multiples
Based on the Enterprise Value to EBITDA ratio, CCI is valued a bit more expensive than the industry average as 63.33% of the companies are valued more cheaply.
CCI's Price/Free Cash Flow ratio is rather cheap when compared to the industry. CCI is cheaper than 86.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.61 | ||
| EV/EBITDA | 20.34 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)27.64
EPS Next 2Y11.03%
EPS Next 3Y8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.72%, CCI is a good candidate for dividend investing.
CCI's Dividend Yield is slightly below the industry average, which is at 6.15.
Compared to an average S&P500 Dividend Yield of 2.41, CCI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.72% |
5.2 History
The dividend of CCI has a limited annual growth rate of 5.20%.
CCI has been paying a dividend for at least 10 years, so it has a reliable track record.
CCI has not decreased its dividend for at least 10 years, so it has a reliable track record of non decreasing dividend.
Dividend Growth(5Y)5.2%
Div Incr Years0
Div Non Decr Years10
5.3 Sustainability
The earnings of CCI are negative and hence is the payout ratio. CCI will probably not be able to sustain this dividend level.
CCI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-49.7%
EPS Next 2Y11.03%
EPS Next 3Y8%
89.4
+0.38 (+0.43%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners96.68%
Inst Owner Change3.02%
Ins Owners0.09%
Ins Owner Change-1.26%
Market Cap38.93B
Revenue(TTM)4.84B
Net Income(TTM)-4.62B
Analysts75.83
Price Target117.52 (31.45%)
Short Float %1.66%
Short Ratio2.27
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.72% |
Yearly Dividend6.28
Dividend Growth(5Y)5.2%
DP-49.7%
Div Incr Years0
Div Non Decr Years10
Ex-Date
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)-2.18%
PT rev (3m)-2.56%
EPS NQ rev (1m)3.14%
EPS NQ rev (3m)-7.73%
EPS NY rev (1m)31.89%
EPS NY rev (3m)10.72%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.61%
Revenue NY rev (3m)0.66%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 116.1 | ||
| Fwd PE | 29.96 | ||
| P/S | 8.04 | ||
| P/FCF | 14.61 | ||
| P/OCF | 12.71 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.34 |
EPS(TTM)0.77
EY0.86%
EPS(NY)2.98
Fwd EY3.34%
FCF(TTM)6.12
FCFY6.85%
OCF(TTM)7.04
OCFY7.87%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)27.64
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 | 0.07 |
F-Score4
WACC7.05%
ROIC/WACC0.88
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-64.26%
EPS Next 2Y11.03%
EPS Next 3Y8%
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 Year29.17%
EBIT Next 3Y12.42%
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.
Can you provide the valuation status for CROWN CASTLE INC?
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.
What is the financial health of CROWN CASTLE INC (CCI) stock?
The financial health rating of CROWN CASTLE INC (CCI) is 1 / 10.
How sustainable is the dividend of CROWN CASTLE INC (CCI) stock?
The dividend rating of CROWN CASTLE INC (CCI) is 6 / 10 and the dividend payout ratio is -49.7%.