CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCI - US22822V1017 - REIT
89.28 USD
+0.67 (+0.76%)
89.28 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 has a expensive valuation and it also scores bad on growth. CCI also has an excellent dividend rating.
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
The Return On Assets of CCI (-14.66%) is worse than 86.67% of its industry peers.
Looking at the Return On Invested Capital, with a value of 6.22%, CCI is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
The Average Return On Invested Capital over the past 3 years 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 has a Operating Margin of 44.22%. This is in the better half 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
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), CCI is destroying value.
CCI has more shares outstanding than it did 1 year ago.
Compared to 5 years ago, CCI has more shares outstanding
The debt/assets ratio for CCI is higher compared to a year ago.
2.2 Solvency
CCI has an Altman-Z score of 0.07. 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 0.07, CCI is not doing good in the industry: 86.67% of the companies in the same industry are doing better.
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.
Looking at the Debt to FCF ratio, with a value of 9.13, CCI is in the better half of the industry, outperforming 76.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.13 | ||
| Altman-Z | 0.07 |
ROIC/WACC0.87
WACC7.15%
2.3 Liquidity
A Current Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
CCI has a worse Current ratio (0.26) than 86.67% of its industry peers.
A Quick Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
The Quick ratio of CCI (0.26) is worse than 86.67% of its industry peers.
| 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.
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.
The Revenue for CCI has decreased by -26.56% in the past year. This is quite bad
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.
CCI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.29% yearly.
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
A Price/Earnings ratio of 115.95 indicates a quite expensive valuation of CCI.
70.00% of the companies in the same industry are cheaper than CCI, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.46, CCI is valued quite expensively.
CCI is valuated quite expensively with a Price/Forward Earnings ratio of 29.92.
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 36.10, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 115.95 | ||
| Fwd PE | 29.92 |
4.2 Price Multiples
63.33% of the companies in the same industry are cheaper than CCI, based on the Enterprise Value to EBITDA ratio.
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 | 14.59 | ||
| EV/EBITDA | 20.29 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)27.6
EPS Next 2Y11.03%
EPS Next 3Y8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 4.69%, CCI is a good candidate for dividend investing.
CCI's Dividend Yield is comparable with the industry average which is at 6.00.
Compared to an average S&P500 Dividend Yield of 2.32, CCI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
5.2 History
The dividend of CCI has a limited annual growth rate of 5.20%.
CCI has paid a dividend for at least 10 years, which is a reliable track record.
CCI has not decreased their dividend for at least 10 years, which is a reliable track record.
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.
The dividend of CCI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-49.7%
EPS Next 2Y11.03%
EPS Next 3Y8%
89.28
+0.67 (+0.76%)
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 Cap38.88B
Revenue(TTM)4.84B
Net Income(TTM)-4.62B
Analysts75.83
Price Target117.52 (31.63%)
Short Float %1.92%
Short Ratio2.81
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.69% |
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)0%
PT rev (3m)-2.56%
EPS NQ rev (1m)0.24%
EPS NQ rev (3m)-8.06%
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 | 115.95 | ||
| Fwd PE | 29.92 | ||
| P/S | 8.03 | ||
| P/FCF | 14.59 | ||
| P/OCF | 12.69 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.29 |
EPS(TTM)0.77
EY0.86%
EPS(NY)2.98
Fwd EY3.34%
FCF(TTM)6.12
FCFY6.85%
OCF(TTM)7.04
OCFY7.88%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)27.6
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
WACC7.15%
ROIC/WACC0.87
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 7 / 10 and the dividend payout ratio is -49.7%.