CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCI - US22822V1017 - REIT
90.55 USD
+1.15 (+1.29%)
90.55 USD
0 (0%)
We assign a fundamental rating of 3 out of 10 to CCI. CCI was compared to 30 industry peers in the Specialized REITs industry. CCI has a medium profitability rating, but doesn't score so well on its financial health evaluation. CCI has a expensive valuation and it also scores bad on growth.
1. Profitability
1.1 Basic Checks
CCI had positive earnings in the past year.
CCI had a positive operating cash flow in the past year.
Of the past 5 years CCI 4 years were profitable.
Each year in the past 5 years CCI had a positive operating cash flow.
1.2 Ratios
The Return On Assets of CCI (-14.66%) is worse than 86.67% of its industry peers.
With a decent Return On Invested Capital value of 6.22%, CCI is doing good in the industry, outperforming 76.67% of the companies in the same industry.
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 last Return On Invested Capital (6.22%) for CCI is above the 3 year average (5.58%), which is a sign of increasing profitability.
| 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 has a better Operating Margin (44.22%) than 73.33% of its industry peers.
In the last couple of years the Operating Margin of CCI has grown nicely.
With a Gross Margin value of 73.36%, CCI perfoms like the industry average, outperforming 56.67% of the companies in the same 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CCI is destroying value.
The number of shares outstanding for CCI has been increased compared to 1 year ago.
Compared to 5 years ago, CCI has more shares outstanding
Compared to 1 year ago, CCI has a worse debt to assets ratio.
2.2 Solvency
CCI has an Altman-Z score of 0.09. This is a bad value and indicates that CCI is not financially healthy and even has some risk of bankruptcy.
With a Altman-Z score value of 0.09, CCI is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
The Debt to FCF ratio of CCI is 9.13, which is on the high side as it means it would take CCI, 9.13 years of fcf income to pay off 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 | 0.09 |
ROIC/WACC0.88
WACC7.05%
2.3 Liquidity
A Current Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
CCI has a Current ratio of 0.26. This is amonst the worse of the industry: CCI underperforms 86.67% of its industry peers.
CCI has a Quick 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.
CCI has a worse Quick ratio (0.26) than 86.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.26 | ||
| Quick Ratio | 0.26 |
3. Growth
3.1 Past
CCI shows a strong negative growth in Earnings Per Share. In the last year the EPS decreased by -72.70%.
Measured over the past 5 years, CCI shows a small growth in Earnings Per Share. The EPS has been growing by 4.20% on average per year.
Looking at the last year, CCI shows a very negative growth in Revenue. The Revenue has decreased by -26.56% in the last year.
Measured over the past years, CCI shows a small growth in Revenue. The Revenue has been growing by 2.65% on average per year.
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
CCI is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 19.34% yearly.
The Revenue is expected to decrease by -5.29% on average over the next years.
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
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
With a Price/Earnings ratio of 117.60, CCI can be considered very expensive at the moment.
CCI's Price/Earnings ratio is a bit more expensive when compared to the industry. CCI is more expensive than 70.00% of the companies in the same industry.
The average S&P500 Price/Earnings ratio is at 26.15. CCI is valued rather expensively when compared to this.
Based on the Price/Forward Earnings ratio of 30.35, the valuation of CCI can be described as expensive.
Compared to the rest of the industry, the Price/Forward Earnings ratio of CCI is on the same level as its industry peers.
CCI is valuated at similar levels of the S&P average when we compare the Price/Forward Earnings ratio to 36.12, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.6 | ||
| Fwd PE | 30.35 |
4.2 Price Multiples
CCI's Enterprise Value to EBITDA ratio is a bit more expensive when compared to the industry. CCI is more expensive than 63.33% of the companies in the same industry.
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 | 14.8 | ||
| EV/EBITDA | 20.56 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)28
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.
Compared to an average industry Dividend Yield of 6.15, CCI is paying slightly less dividend.
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
CCI has negative earnings and hence a negative payout ratio. The dividend may be in danger.
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%
90.55
+1.15 (+1.29%)
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 Cap39.43B
Revenue(TTM)4.84B
Net Income(TTM)-4.62B
Analysts75.83
Price Target117.52 (29.78%)
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 | 117.6 | ||
| Fwd PE | 30.35 | ||
| P/S | 8.14 | ||
| P/FCF | 14.8 | ||
| P/OCF | 12.87 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.56 |
EPS(TTM)0.77
EY0.85%
EPS(NY)2.98
Fwd EY3.29%
FCF(TTM)6.12
FCFY6.76%
OCF(TTM)7.04
OCFY7.77%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)28
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 | 0.09 |
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%.