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CTT-CORREIOS DE PORTUGAL (CTT.LS) Stock Fundamental Analysis

Europe - Euronext Lisbon - ELI:CTT - PTCTT0AM0001 - Common Stock

7.26 EUR
-0.08 (-1.09%)
Last: 1/13/2026, 5:29:47 PM
Fundamental Rating

4

Taking everything into account, CTT scores 4 out of 10 in our fundamental rating. CTT was compared to 18 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 has a correct valuation and a medium growth rate.


Dividend Valuation Growth Profitability Health

5

1. Profitability

1.1 Basic Checks

In the past year CTT was profitable.
CTT had a positive operating cash flow in the past year.
Each year in the past 5 years CTT has been profitable.
Each year in the past 5 years CTT had a positive operating cash flow.
CTT.LS Yearly Net Income VS EBIT VS OCF VS FCFCTT.LS Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M 1B

1.2 Ratios

CTT's Return On Assets of 0.86% is on the low side compared to the rest of the industry. CTT is outperformed by 77.78% of its industry peers.
CTT's Return On Equity of 20.77% is fine compared to the rest of the industry. CTT outperforms 66.67% of its industry peers.
The Return On Invested Capital of CTT (1.67%) is worse than 77.78% of its industry peers.
The Average Return On Invested Capital over the past 3 years for CTT is significantly below the industry average of 10.53%.
Industry RankSector Rank
ROA 0.86%
ROE 20.77%
ROIC 1.67%
ROA(3y)0.99%
ROA(5y)0.92%
ROE(3y)19.57%
ROE(5y)18.38%
ROIC(3y)2.04%
ROIC(5y)2.04%
CTT.LS Yearly ROA, ROE, ROICCTT.LS Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 5 10 15 20 25

1.3 Margins

CTT has a Profit Margin of 4.72%. This is in the better half of the industry: CTT outperforms 66.67% of its industry peers.
In the last couple of years the Profit Margin of CTT has grown nicely.
CTT's Operating Margin of 8.81% is fine compared to the rest of the industry. CTT outperforms 72.22% of its industry peers.
CTT's Operating Margin has improved in the last couple of years.
CTT has a Gross Margin of 44.46%. This is in the lower half of the industry: CTT underperforms 61.11% of its industry peers.
CTT's Gross Margin has declined in the last couple of years.
Industry RankSector Rank
OM 8.81%
PM (TTM) 4.72%
GM 44.46%
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%
CTT.LS Yearly Profit, Operating, Gross MarginsCTT.LS Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 20 40 60

1

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.
Compared to 1 year ago, CTT has a worse debt to assets ratio.
CTT.LS Yearly Shares OutstandingCTT.LS Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 50M 100M
CTT.LS Yearly Total Debt VS Total AssetsCTT.LS Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B 5B

2.2 Solvency

CTT has an Altman-Z score of -0.03. This is a bad value and indicates that CTT is not financially healthy and even has some risk of bankruptcy.
CTT's Altman-Z score of -0.03 is on the low side compared to the rest of the industry. CTT is outperformed by 88.89% of its industry peers.
CTT has a debt to FCF ratio of 42.66. This is a negative value and a sign of low solvency as CTT would need 42.66 years to pay back of all of its debts.
CTT has a worse Debt to FCF ratio (42.66) than 77.78% of its industry peers.
CTT has a Debt/Equity ratio of 19.01. This is a high value indicating a heavy dependency on external financing.
Looking at the Debt to Equity ratio, with a value of 19.01, CTT is doing worse than 94.44% of the companies in the same industry.
Industry RankSector Rank
Debt/Equity 19.01
Debt/FCF 42.66
Altman-Z -0.03
ROIC/WACC0.26
WACC6.51%
CTT.LS Yearly LT Debt VS Equity VS FCFCTT.LS Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M

2.3 Liquidity

CTT has a Current Ratio of 0.59. This is a bad value and indicates that CTT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Current ratio of CTT (0.59) is worse than 94.44% of its industry peers.
CTT has a Quick Ratio of 0.59. This is a bad value and indicates that CTT is not financially healthy enough and could expect problems in meeting its short term obligations.
The Quick ratio of CTT (0.59) is worse than 94.44% of its industry peers.
Industry RankSector Rank
Current Ratio 0.59
Quick Ratio 0.59
CTT.LS Yearly Current Assets VS Current LiabilitesCTT.LS Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 1B 2B 3B 4B

6

3. Growth

3.1 Past

The earnings per share for CTT have decreased by -1.28% in the last year.
CTT shows quite a strong growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 11.30% yearly.
The Revenue has grown by 17.36% in the past year. This is quite good.
CTT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 7.02% yearly.
EPS 1Y (TTM)-1.28%
EPS 3Y8.89%
EPS 5Y11.3%
EPS Q2Q%34.33%
Revenue 1Y (TTM)17.36%
Revenue growth 3Y8.43%
Revenue growth 5Y7.02%
Sales Q2Q%35.44%

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 17.06% on average per year.
The Revenue is expected to grow by 11.58% on average over the next years. This is quite good.
EPS Next Y35.42%
EPS Next 2Y29.48%
EPS Next 3Y26.49%
EPS Next 5Y17.06%
Revenue Next Year25.97%
Revenue Next 2Y17.84%
Revenue Next 3Y14.91%
Revenue Next 5Y11.58%

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 accelerating: in the next years the growth will be better than in the last years.
CTT.LS Yearly Revenue VS EstimatesCTT.LS Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 500M 1B 1.5B
CTT.LS Yearly EPS VS EstimatesCTT.LS Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0.2 0.4 0.6

5

4. Valuation

4.1 Price/Earnings Ratio

A Price/Earnings ratio of 19.11 indicates a rather expensive valuation of CTT.
Based on the Price/Earnings ratio, CTT is valued a bit more expensive than 61.11% of the companies in the same industry.
When comparing the Price/Earnings ratio of CTT to the average of the S&P500 Index (27.25), we can say CTT is valued slightly cheaper.
CTT is valuated correctly with a Price/Forward Earnings ratio of 12.76.
88.89% of the companies in the same industry are more expensive than CTT, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 23.98, CTT is valued a bit cheaper.
Industry RankSector Rank
PE 19.11
Fwd PE 12.76
CTT.LS Price Earnings VS Forward Price EarningsCTT.LS Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 5 10 15 20 25

4.2 Price Multiples

61.11% of the companies in the same industry are more expensive than CTT, based on the Price/Free Cash Flow ratio.
Industry RankSector Rank
P/FCF 8.71
EV/EBITDA N/A
CTT.LS Per share dataCTT.LS EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 2 4 6 8

4.3 Compensation for Growth

CTT's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
CTT's earnings are expected to grow with 26.49% in the coming years. This may justify a more expensive valuation.
PEG (NY)0.54
PEG (5Y)1.69
EPS Next 2Y29.48%
EPS Next 3Y26.49%

5

5. Dividend

5.1 Amount

CTT has a Yearly Dividend Yield of 2.26%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 3.08, CTT has a dividend in line with its industry peers.
Compared to an average S&P500 Dividend Yield of 1.92, CTT has a dividend comparable with the average S&P500 company.
Industry RankSector Rank
Dividend Yield 2.26%

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
CTT.LS Yearly Dividends per shareCTT.LS Yearly Dividends per shareYearly Dividends per share 2018 2019 2021 2022 2023 2024 2025 0.1 0.2 0.3

5.3 Sustainability

50.50% of the earnings are spent on dividend by CTT. This is a bit on the high side, but may be sustainable.
The dividend of CTT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP50.5%
EPS Next 2Y29.48%
EPS Next 3Y26.49%
CTT.LS Yearly Income VS Free CF VS DividendCTT.LS Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 200M 400M 600M 800M
CTT.LS Dividend Payout.CTT.LS Dividend Payout, showing the Payout Ratio.CTT.LS Dividend Payout.PayoutRetained Earnings

CTT-CORREIOS DE PORTUGAL

ELI:CTT (1/13/2026, 5:29:47 PM)

7.26

-0.08 (-1.09%)

Chartmill FA Rating
GICS SectorIndustrials
GICS IndustryGroupTransportation
GICS IndustryAir Freight & Logistics
Earnings (Last)10-30 2025-10-30/amc
Earnings (Next)03-18 2026-03-18/amc
Inst Owners30.59%
Inst Owner ChangeN/A
Ins Owners14.9%
Ins Owner ChangeN/A
Market Cap971.53M
Revenue(TTM)1.08B
Net Income(TTM)50.84M
Analysts77.78
Price Target8.94 (23.14%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 2.26%
Yearly Dividend0.18
Dividend Growth(5Y)12.74%
DP50.5%
Div Incr Years3
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)-0.99%
Min EPS beat(2)-20.79%
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)0
Avg Revenue beat(2)-0.69%
Min Revenue beat(2)-0.84%
Max Revenue beat(2)-0.53%
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)2.22%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0%
EPS NY rev (1m)-4.41%
EPS NY rev (3m)-6.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0%
Revenue NY rev (1m)4.5%
Revenue NY rev (3m)0.93%
Valuation
Industry RankSector Rank
PE 19.11
Fwd PE 12.76
P/S 0.9
P/FCF 8.71
P/OCF 6.31
P/B 3.97
P/tB 349.99
EV/EBITDA N/A
EPS(TTM)0.38
EY5.23%
EPS(NY)0.57
Fwd EY7.84%
FCF(TTM)0.83
FCFY11.48%
OCF(TTM)1.15
OCFY15.85%
SpS8.06
BVpS1.83
TBVpS0.02
PEG (NY)0.54
PEG (5Y)1.69
Graham Number3.95
Profitability
Industry RankSector Rank
ROA 0.86%
ROE 20.77%
ROCE 9.99%
ROIC 1.67%
ROICexc 2.97%
ROICexgc 3.23%
OM 8.81%
PM (TTM) 4.72%
GM 44.46%
FCFM 10.34%
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%
ROICexgc growth 3Y0.86%
ROICexgc 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 RankSector Rank
Debt/Equity 19.01
Debt/FCF 42.66
Debt/EBITDA N/A
Cap/Depr N/A
Cap/Sales 3.94%
Interest Coverage 250
Cash Conversion N/A
Profit Quality 219.28%
Current Ratio 0.59
Quick Ratio 0.59
Altman-Z -0.03
F-Score6
WACC6.51%
ROIC/WACC0.26
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)-1.28%
EPS 3Y8.89%
EPS 5Y11.3%
EPS Q2Q%34.33%
EPS Next Y35.42%
EPS Next 2Y29.48%
EPS Next 3Y26.49%
EPS Next 5Y17.06%
Revenue 1Y (TTM)17.36%
Revenue growth 3Y8.43%
Revenue growth 5Y7.02%
Sales Q2Q%35.44%
Revenue Next Year25.97%
Revenue Next 2Y17.84%
Revenue Next 3Y14.91%
Revenue Next 5Y11.58%
EBIT growth 1Y14.6%
EBIT growth 3Y3.91%
EBIT growth 5Y11.24%
EBIT Next Year160.33%
EBIT Next 3Y45.93%
EBIT Next 5Y28.16%
FCF growth 1Y-69.72%
FCF growth 3Y220.7%
FCF growth 5Y26.43%
OCF growth 1Y-61.39%
OCF growth 3Y152.01%
OCF growth 5Y24.39%

CTT-CORREIOS DE PORTUGAL / CTT.LS FAQ

Can you provide the ChartMill fundamental rating for CTT-CORREIOS DE PORTUGAL?

ChartMill assigns a fundamental rating of 4 / 10 to CTT.LS.


Can you provide the valuation status for CTT-CORREIOS DE PORTUGAL?

ChartMill assigns a valuation rating of 5 / 10 to CTT-CORREIOS DE PORTUGAL (CTT.LS). This can be considered as Fairly Valued.


Can you provide the profitability details for CTT-CORREIOS DE PORTUGAL?

CTT-CORREIOS DE PORTUGAL (CTT.LS) has a profitability rating of 5 / 10.


What is the valuation of CTT-CORREIOS DE PORTUGAL based on its PE and PB ratios?

The Price/Earnings (PE) ratio for CTT-CORREIOS DE PORTUGAL (CTT.LS) is 19.11 and the Price/Book (PB) ratio is 3.97.


Can you provide the financial health for CTT stock?

The financial health rating of CTT-CORREIOS DE PORTUGAL (CTT.LS) is 1 / 10.