CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - NYSE:CCI - US22822V1017 - REIT
90.32 USD
+0.8 (+0.89%)
90.32 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. CCI has a medium profitability rating, but doesn't score so well on its financial health evaluation. 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.
Of the past 5 years CCI 4 years were profitable.
In the past 5 years CCI always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CCI (-14.66%) is worse than 86.67% of its industry peers.
CCI's Return On Invested Capital of 6.22% is fine compared to the rest of the industry. CCI outperforms 76.67% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CCI is in line with the industry average of 4.81%.
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
Looking at the Operating Margin, with a value of 44.22%, CCI is in the better half of the industry, outperforming 73.33% of the companies in the same industry.
CCI's Operating Margin has improved in the last couple of years.
With a Gross Margin value of 73.36%, CCI perfoms like the industry average, outperforming 56.67% of the companies in the same industry.
CCI's Gross Margin has improved in the last couple of years.
| 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
The Return on Invested Capital (ROIC) is below the Cost of Capital (WACC), so CCI 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
CCI has an Altman-Z score of 0.08. This is a bad value and indicates that CCI is not financially healthy and even has some risk of bankruptcy.
Looking at the Altman-Z score, with a value of 0.08, CCI is doing worse than 86.67% of the companies in the same industry.
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 80.00% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.13 | ||
| Altman-Z | 0.08 |
ROIC/WACC0.87
WACC7.17%
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.
Looking at the Current ratio, with a value of 0.26, CCI is doing worse than 83.33% of the companies in the same industry.
A Quick Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
CCI's Quick ratio of 0.26 is on the low side compared to the rest of the industry. CCI is outperformed by 83.33% 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%.
The Earnings Per Share has been growing slightly by 4.20% on average over the past years.
CCI shows a very negative growth in Revenue. In the last year, the Revenue has decreased by -26.56%.
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
CCI is expected to show a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 20.23% yearly.
Based on estimates for the next years, CCI will show a decrease in Revenue. The Revenue will decrease by -4.68% on average per year.
EPS Next Y-72.9%
EPS Next 2Y12.19%
EPS Next 3Y13.31%
EPS Next 5Y20.23%
Revenue Next Year-35.55%
Revenue Next 2Y-18.72%
Revenue Next 3Y-12.83%
Revenue Next 5Y-4.68%
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 decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 117.30, the valuation of CCI can be described as expensive.
Based on the Price/Earnings ratio, CCI is valued a bit more expensive than the industry average as 70.00% of the companies are valued more cheaply.
Compared to an average S&P500 Price/Earnings ratio of 26.03, CCI is valued quite expensively.
The Price/Forward Earnings ratio is 29.65, which means the current valuation is very expensive for CCI.
The rest of the industry has a similar Price/Forward Earnings ratio as CCI.
When comparing the Price/Forward Earnings ratio of CCI to the average of the S&P500 Index (22.27), we can say CCI is valued slightly more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.3 | ||
| Fwd PE | 29.65 |
4.2 Price Multiples
CCI's Enterprise Value to EBITDA ratio is in line with the industry average.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CCI indicates a rather cheap valuation: CCI is cheaper than 86.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.76 | ||
| EV/EBITDA | 20.41 |
4.3 Compensation for Growth
A more expensive valuation may be justified as CCI's earnings are expected to grow with 13.31% in the coming years.
PEG (NY)N/A
PEG (5Y)27.92
EPS Next 2Y12.19%
EPS Next 3Y13.31%
5. Dividend
5.1 Amount
CCI has a Yearly Dividend Yield of 4.65%, which is a nice return.
Compared to an average industry Dividend Yield of 5.97, CCI is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 2.38, CCI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
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 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
The earnings of CCI are negative and hence is the payout ratio. CCI will probably not be able to sustain this dividend level.
The dividend of CCI is growing, but earnings are growing more, so the dividend growth is sustainable.
DP-49.7%
EPS Next 2Y12.19%
EPS Next 3Y13.31%
90.32
+0.8 (+0.89%)
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 Change-0.61%
Ins Owners0.09%
Ins Owner Change-1.36%
Market Cap39.33B
Revenue(TTM)4.84B
Net Income(TTM)-4618000000
Analysts75.2
Price Target117.52 (30.12%)
Short Float %1.65%
Short Ratio2.2
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.65% |
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)-2.56%
PT rev (3m)0.91%
EPS NQ rev (1m)2.7%
EPS NQ rev (3m)-9.56%
EPS NY rev (1m)-0.41%
EPS NY rev (3m)-18.59%
Revenue NQ rev (1m)-0.09%
Revenue NQ rev (3m)-0.09%
Revenue NY rev (1m)0%
Revenue NY rev (3m)-0.09%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 117.3 | ||
| Fwd PE | 29.65 | ||
| P/S | 8.12 | ||
| P/FCF | 14.76 | ||
| P/OCF | 12.84 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.41 |
EPS(TTM)0.77
EY0.85%
EPS(NY)3.05
Fwd EY3.37%
FCF(TTM)6.12
FCFY6.78%
OCF(TTM)7.04
OCFY7.79%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)27.92
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 | 0.08 |
F-Score4
WACC7.17%
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-72.9%
EPS Next 2Y12.19%
EPS Next 3Y13.31%
EPS Next 5Y20.23%
Revenue 1Y (TTM)-26.56%
Revenue growth 3Y1.18%
Revenue growth 5Y2.65%
Sales Q2Q%-35.11%
Revenue Next Year-35.55%
Revenue Next 2Y-18.72%
Revenue Next 3Y-12.83%
Revenue Next 5Y-4.68%
EBIT growth 1Y-6.87%
EBIT growth 3Y4.02%
EBIT growth 5Y7.43%
EBIT Next Year29.17%
EBIT Next 3Y12.42%
EBIT Next 5Y11.92%
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%.