CROWN CASTLE INC (CCI) Stock Fundamental Analysis
USA - NYSE:CCI - US22822V1017 - REIT
91.05 USD
+0.01 (+0.01%)
91 USD
-0.05 (-0.05%)
We assign a fundamental rating of 3 out of 10 to CCI. CCI was compared to 30 industry peers in the Specialized REITs industry. While CCI is still in line with the averages on profitability rating, there are concerns on its financial health. CCI is valued expensive and it does not seem to be growing.
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.
CCI had positive earnings in 4 of the past 5 years.
Each year in the past 5 years CCI had a positive operating cash flow.
1.2 Ratios
CCI has a worse Return On Assets (-14.66%) than 86.67% of its industry peers.
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.
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
CCI has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CCI has more shares outstanding than it did 1 year ago.
The number of shares outstanding for CCI has been increased compared to 5 years ago.
CCI has a worse debt/assets ratio than last year.
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.
The Altman-Z score of CCI (0.09) is worse 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.
CCI has a better Debt to FCF ratio (9.13) than 76.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 9.13 | ||
| Altman-Z | 0.09 |
ROIC/WACC0.87
WACC7.13%
2.3 Liquidity
A Current Ratio of 0.26 indicates that CCI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.26, CCI is doing worse than 86.67% of the companies in the same industry.
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's Quick ratio of 0.26 is on the low side compared to the rest of the industry. CCI is outperformed by 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%.
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.
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.
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
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
The Price/Earnings ratio is 118.25, which means the current valuation is very expensive for CCI.
70.00% of the companies in the same industry are cheaper than CCI, based on the Price/Earnings ratio.
CCI's Price/Earnings ratio indicates a rather expensive valuation when compared to the S&P500 average which is at 25.47.
CCI is valuated quite expensively with a Price/Forward Earnings ratio of 30.52.
CCI's Price/Forward Earnings is on the same level as the industry average.
CCI's Price/Forward Earnings ratio indicates a similar valuation than the S&P500 average which is at 35.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 118.25 | ||
| Fwd PE | 30.52 |
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.
Compared to the rest of the industry, the Price/Free Cash Flow ratio of CCI indicates a rather cheap valuation: CCI is cheaper than 83.33% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 14.88 | ||
| EV/EBITDA | 20.63 |
4.3 Compensation for Growth
PEG (NY)N/A
PEG (5Y)28.15
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 slightly below the industry average, which is at 6.26.
Compared to an average S&P500 Dividend Yield of 2.44, 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 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
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%
91.05
+0.01 (+0.01%)
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 Change2.54%
Ins Owners0.09%
Ins Owner Change-2.18%
Market Cap39.65B
Revenue(TTM)4.84B
Net Income(TTM)-4.62B
Analysts75.83
Price Target117.52 (29.07%)
Short Float %1.66%
Short Ratio2.27
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)-2.18%
PT rev (3m)-2.36%
EPS NQ rev (1m)3.13%
EPS NQ rev (3m)-7.77%
EPS NY rev (1m)31.35%
EPS NY rev (3m)7.37%
Revenue NQ rev (1m)0.09%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)0.61%
Revenue NY rev (3m)0.51%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 118.25 | ||
| Fwd PE | 30.52 | ||
| P/S | 8.19 | ||
| P/FCF | 14.88 | ||
| P/OCF | 12.94 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 20.63 |
EPS(TTM)0.77
EY0.85%
EPS(NY)2.98
Fwd EY3.28%
FCF(TTM)6.12
FCFY6.72%
OCF(TTM)7.04
OCFY7.73%
SpS11.12
BVpS-3.43
TBVpS-17.28
PEG (NY)N/A
PEG (5Y)28.15
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
WACC7.13%
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 6 / 10 and the dividend payout ratio is -49.7%.