CTT-CORREIOS DE PORTUGAL (CTT.LS) Stock Fundamental Analysis
Europe - ELI:CTT - PTCTT0AM0001 - Common Stock
7.5 EUR
+0.04 (+0.54%)
Taking everything into account, CTT scores 4 out of 10 in our fundamental rating. CTT was compared to 14 industry peers in the Air Freight & Logistics industry. CTT has a medium profitability rating, but doesn't score so well on its financial health evaluation. CTT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
CTT had positive earnings in the past year.
CTT had a positive operating cash flow in the past year.
In the past 5 years CTT has always been profitable.
CTT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CTT has a worse Return On Assets (0.82%) than 71.43% of its industry peers.
CTT has a better Return On Equity (20.50%) than 85.71% of its industry peers.
Looking at the Return On Invested Capital, with a value of 1.63%, CTT is in line with its industry, outperforming 42.86% of the companies in the same industry.
CTT had an Average Return On Invested Capital over the past 3 years of 2.04%. This is significantly below the industry average of 7.69%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 20.5% | ||
| ROIC | 1.63% |
ROA(3y)0.99%
ROA(5y)0.92%
ROE(3y)19.57%
ROE(5y)18.38%
ROIC(3y)2.04%
ROIC(5y)2.04%
1.3 Margins
Looking at the Profit Margin, with a value of 4.63%, CTT is in the better half of the industry, outperforming 71.43% of the companies in the same industry.
CTT's Profit Margin has improved in the last couple of years.
CTT has a Operating Margin of 8.80%. This is amongst the best in the industry. CTT outperforms 85.71% of its industry peers.
In the last couple of years the Operating Margin of CTT has grown nicely.
The Gross Margin of CTT (45.22%) is comparable to the rest of the industry.
In the last couple of years the Gross Margin of CTT has declined.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 8.8% | ||
| PM (TTM) | 4.63% | ||
| GM | 45.22% |
OM growth 3Y-4.17%
OM growth 5Y3.94%
PM growth 3Y-2.38%
PM growth 5Y2.13%
GM growth 3Y-3.38%
GM growth 5Y-5.22%
2. Health
2.1 Basic Checks
CTT has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
CTT has less shares outstanding than it did 1 year ago.
The number of shares outstanding for CTT has been reduced compared to 5 years ago.
The debt/assets ratio for CTT is higher compared to a year ago.
2.2 Solvency
CTT has an Altman-Z score of 0.00. This is a bad value and indicates that CTT is not financially healthy and even has some risk of bankruptcy.
CTT has a worse Altman-Z score (0.00) than 78.57% of its industry peers.
The Debt to FCF ratio of CTT is 20.26, which is on the high side as it means it would take CTT, 20.26 years of fcf income to pay off all of its debts.
CTT has a Debt to FCF ratio of 20.26. This is comparable to the rest of the industry: CTT outperforms 42.86% of its industry peers.
A Debt/Equity ratio of 19.68 is on the high side and indicates that CTT has dependencies on debt financing.
Looking at the Debt to Equity ratio, with a value of 19.68, CTT is doing worse than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.68 | ||
| Debt/FCF | 20.26 | ||
| Altman-Z | 0 |
ROIC/WACC0.25
WACC6.53%
2.3 Liquidity
CTT has a Current Ratio of 0.63. This is a bad value and indicates that CTT is not financially healthy enough and could expect problems in meeting its short term obligations.
Looking at the Current ratio, with a value of 0.63, CTT is doing worse than 78.57% of the companies in the same industry.
A Quick Ratio of 0.62 indicates that CTT may have some problems paying its short term obligations.
With a Quick ratio value of 0.62, CTT is not doing good in the industry: 78.57% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.62 |
3. Growth
3.1 Past
The earnings per share for CTT have decreased by -9.30% in the last year.
Measured over the past years, CTT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.30% on average per year.
Looking at the last year, CTT shows a quite strong growth in Revenue. The Revenue has grown by 16.67% in the last year.
Measured over the past years, CTT shows a small growth in Revenue. The Revenue has been growing by 7.02% on average per year.
EPS 1Y (TTM)-9.3%
EPS 3Y8.89%
EPS 5Y11.3%
EPS Q2Q%38.98%
Revenue 1Y (TTM)16.67%
Revenue growth 3Y8.43%
Revenue growth 5Y7.02%
Sales Q2Q%38.33%
3.2 Future
Based on estimates for the next years, CTT will show a quite strong growth in Earnings Per Share. The EPS will grow by 13.39% on average per year.
Based on estimates for the next years, CTT will show a quite strong growth in Revenue. The Revenue will grow by 11.58% on average per year.
EPS Next Y48.81%
EPS Next 2Y32.96%
EPS Next 3Y26.8%
EPS Next 5Y13.39%
Revenue Next Year24.81%
Revenue Next 2Y16.35%
Revenue Next 3Y12.72%
Revenue Next 5Y11.58%
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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 accelerating.
4. Valuation
4.1 Price/Earnings Ratio
A Price/Earnings ratio of 20.83 indicates a rather expensive valuation of CTT.
64.29% of the companies in the same industry are cheaper than CTT, based on the Price/Earnings ratio.
CTT's Price/Earnings ratio indicates a valuation a bit cheaper than the S&P500 average which is at 27.20.
Based on the Price/Forward Earnings ratio of 12.50, the valuation of CTT can be described as correct.
CTT's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. CTT is cheaper than 71.43% of the companies in the same industry.
When comparing the Price/Forward Earnings ratio of CTT to the average of the S&P500 Index (22.70), we can say CTT is valued slightly cheaper.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.83 | ||
| Fwd PE | 12.5 |
4.2 Price Multiples
Based on the Price/Free Cash Flow ratio, CTT is valued cheaper than 85.71% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 4.37 | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
The decent profitability rating of CTT may justify a higher PE ratio.
A more expensive valuation may be justified as CTT's earnings are expected to grow with 26.80% in the coming years.
PEG (NY)0.43
PEG (5Y)1.84
EPS Next 2Y32.96%
EPS Next 3Y26.8%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 2.34%, CTT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 3.53, CTT has a dividend in line with its industry peers.
CTT's Dividend Yield is comparable with the S&P500 average which is at 2.38.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.34% |
5.2 History
On average, the dividend of CTT grows each year by 12.74%, which is quite nice.
Dividend Growth(5Y)12.74%
Div Incr Years3
Div Non Decr Years4
5.3 Sustainability
CTT pays out 51.33% of its income as dividend. This is a bit on the high side, but may be sustainable.
The dividend of CTT is growing around the same rate as the earnings are growing. If this keeps up the dividend growth is sustainable.
DP51.33%
EPS Next 2Y32.96%
EPS Next 3Y26.8%
ELI:CTT (9/18/2025, 5:35:15 PM)
7.5
+0.04 (+0.54%)
Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)
Earnings (Next)
Inst Owners27.73%
Inst Owner ChangeN/A
Ins Owners14.86%
Ins Owner ChangeN/A
Market Cap1.00B
Analysts75.56
Price Target8.74 (16.53%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.34% |
Yearly Dividend0.18
Dividend Growth(5Y)12.74%
DP51.33%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-18.59%
Min EPS beat(2)-56%
Max EPS beat(2)18.81%
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)1
Avg Revenue beat(2)0.01%
Min Revenue beat(2)-0.53%
Max Revenue beat(2)0.55%
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)0%
PT rev (3m)6.99%
EPS NQ rev (1m)0%
EPS NQ rev (3m)N/A
EPS NY rev (1m)3.63%
EPS NY rev (3m)3.63%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)-1.08%
Revenue NY rev (3m)1.82%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 20.83 | ||
| Fwd PE | 12.5 | ||
| P/S | 0.97 | ||
| P/FCF | 4.37 | ||
| P/OCF | 3.7 | ||
| P/B | 4.3 | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)0.36
EY4.8%
EPS(NY)0.6
Fwd EY8%
FCF(TTM)1.72
FCFY22.87%
OCF(TTM)2.03
OCFY27%
SpS7.72
BVpS1.74
TBVpS-0.04
PEG (NY)0.43
PEG (5Y)1.84
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.82% | ||
| ROE | 20.5% | ||
| ROCE | 9.49% | ||
| ROIC | 1.63% | ||
| ROICexc | 3.34% | ||
| ROICexgc | 3.69% | ||
| OM | 8.8% | ||
| PM (TTM) | 4.63% | ||
| GM | 45.22% | ||
| FCFM | 22.23% |
ROA(3y)0.99%
ROA(5y)0.92%
ROE(3y)19.57%
ROE(5y)18.38%
ROIC(3y)2.04%
ROIC(5y)2.04%
ROICexc(3y)3.78%
ROICexc(5y)3.43%
ROICexgc(3y)4.07%
ROICexgc(5y)3.69%
ROCE(3y)9.38%
ROCE(5y)8.78%
ROICexcg growth 3Y0.86%
ROICexcg growth 5Y1.91%
ROICexc growth 3Y0.94%
ROICexc growth 5Y2.37%
OM growth 3Y-4.17%
OM growth 5Y3.94%
PM growth 3Y-2.38%
PM growth 5Y2.13%
GM growth 3Y-3.38%
GM growth 5Y-5.22%
F-Score6
Asset Turnover0.18
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 19.68 | ||
| Debt/FCF | 20.26 | ||
| Debt/EBITDA | N/A | ||
| Cap/Depr | N/A | ||
| Cap/Sales | 4.01% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | N/A | ||
| Profit Quality | 479.74% | ||
| Current Ratio | 0.63 | ||
| Quick Ratio | 0.62 | ||
| Altman-Z | 0 |
F-Score6
WACC6.53%
ROIC/WACC0.25
Cap/Depr(3y)N/A
Cap/Depr(5y)N/A
Cap/Sales(3y)3.96%
Cap/Sales(5y)4.32%
Profit Quality(3y)1307.46%
Profit Quality(5y)1092.73%
High Growth Momentum
Growth
EPS 1Y (TTM)-9.3%
EPS 3Y8.89%
EPS 5Y11.3%
EPS Q2Q%38.98%
EPS Next Y48.81%
EPS Next 2Y32.96%
EPS Next 3Y26.8%
EPS Next 5Y13.39%
Revenue 1Y (TTM)16.67%
Revenue growth 3Y8.43%
Revenue growth 5Y7.02%
Sales Q2Q%38.33%
Revenue Next Year24.81%
Revenue Next 2Y16.35%
Revenue Next 3Y12.72%
Revenue Next 5Y11.58%
EBIT growth 1Y4.05%
EBIT growth 3Y3.91%
EBIT growth 5Y11.24%
EBIT Next Year154.99%
EBIT Next 3Y43.49%
EBIT Next 5Y28.16%
FCF growth 1Y65.03%
FCF growth 3Y220.7%
FCF growth 5Y26.43%
OCF growth 1Y57.72%
OCF growth 3Y152.01%
OCF growth 5Y24.39%