CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - New York Stock Exchange - NYSE:CCI - US22822V1017 - REIT
84.52 USD
-0.57 (-0.67%)
85.1139 USD
+0.59 (+0.7%)
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 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.
In the past 5 years CCI always reported a positive cash flow from operatings.
1.2 Ratios
CCI has a worse Return On Assets (-14.66%) than 83.33% of its industry peers.
The Return On Invested Capital of CCI (6.22%) is better than 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 4.86%.
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.
In the last couple of years the Operating Margin of CCI has grown nicely.
The Gross Margin of CCI (73.36%) 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.
The number of shares outstanding for CCI has been increased compared to 1 year ago.
CCI has more shares outstanding than it did 5 years ago.
CCI has a worse debt/assets ratio than last year.
2.2 Solvency
CCI has an Altman-Z score of 0.04. This is a bad value and indicates that CCI is not financially healthy and even has some risk of bankruptcy.
CCI has a worse Altman-Z score (0.04) than 83.33% 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.
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 | 0.04 |
ROIC/WACC0.85
WACC7.33%
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.
CCI's Current 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.
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: 83.33% 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.
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
The Revenue has been growing slightly by 2.65% on average over the past years.
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.
CCI is expected to show a decrease in Revenue. In the coming years, the Revenue will decrease by -5.29% yearly.
EPS Next Y-65.84%
EPS Next 2Y11.07%
EPS Next 3Y13.03%
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.
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
With a Price/Earnings ratio of 109.77, CCI can be considered very expensive at the moment.
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 27.00, CCI is valued quite expensively.
With a Price/Forward Earnings ratio of 28.31, CCI can be considered very expensive at the moment.
CCI's Price/Forward Earnings is on the same level as the industry average.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.70, CCI is valued at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 109.77 | ||
| Fwd PE | 28.31 |
4.2 Price Multiples
CCI's Enterprise Value to EBITDA ratio is in line with the industry average.
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 | 13.81 | ||
| EV/EBITDA | 19.71 |
4.3 Compensation for Growth
CCI's earnings are expected to grow with 13.03% in the coming years. This may justify a more expensive valuation.
PEG (NY)N/A
PEG (5Y)26.13
EPS Next 2Y11.07%
EPS Next 3Y13.03%
5. Dividend
5.1 Amount
CCI has a Yearly Dividend Yield of 4.78%, which is a nice return.
Compared to an average industry Dividend Yield of 5.69, CCI is paying slightly less dividend.
Compared to an average S&P500 Dividend Yield of 1.94, CCI pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
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.
CCI's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP-49.7%
EPS Next 2Y11.07%
EPS Next 3Y13.03%
84.52
-0.57 (-0.67%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners98.85%
Inst Owner Change0%
Ins Owners0.08%
Ins Owner Change-1.26%
Market Cap36.81B
Revenue(TTM)4.84B
Net Income(TTM)-4.62B
Analysts75.83
Price Target115.86 (37.08%)
Short Float %2.67%
Short Ratio3.92
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.78% |
Yearly Dividend6.28
Dividend Growth(5Y)5.2%
DP-49.7%
Div Incr Years0
Div Non Decr Years10
Ex-DateN/A
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)-1.42%
PT rev (3m)-3.57%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-6.04%
EPS NY rev (1m)0%
EPS NY rev (3m)25.54%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.61%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 109.77 | ||
| Fwd PE | 28.31 | ||
| P/S | 7.6 | ||
| P/FCF | 13.81 | ||
| P/OCF | 12.01 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 19.71 |
EPS(TTM)0.77
EY0.91%
EPS(NY)2.99
Fwd EY3.53%
FCF(TTM)6.12
FCFY7.24%
OCF(TTM)7.04
OCFY8.32%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)26.13
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 | 0.04 |
F-Score4
WACC7.33%
ROIC/WACC0.85
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-65.84%
EPS Next 2Y11.07%
EPS Next 3Y13.03%
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 Year30.81%
EBIT Next 3Y12.1%
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.
What is the valuation status of CROWN CASTLE INC (CCI) stock?
ChartMill assigns a valuation rating of 3 / 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.
Can you provide the PE and PB ratios for CCI stock?
The Price/Earnings (PE) ratio for CROWN CASTLE INC (CCI) is 109.77 and the Price/Book (PB) ratio is -24.65.
What is the earnings growth outlook for CROWN CASTLE INC?
The Earnings per Share (EPS) of CROWN CASTLE INC (CCI) is expected to decline by -65.84% in the next year.