180.74 USD
+0.23 (+0.13%)
At close: Feb 6, 2026
180.74 USD
0 (0%)
After Hours: 2/6/2026, 8:05:25 PM
Taking everything into account, SBAC scores 5 out of 10 in our fundamental rating. SBAC was compared to 30 industry peers in the Specialized REITs industry. SBAC has an excellent profitability rating, but there are concerns on its financial health. SBAC is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
- SBAC had positive earnings in the past year.
- In the past year SBAC had a positive cash flow from operations.
- SBAC had positive earnings in each of the past 5 years.
- In the past 5 years SBAC always reported a positive cash flow from operatings.
1.2 Ratios
- With an excellent Return On Assets value of 7.61%, SBAC belongs to the best of the industry, outperforming 90.00% of the companies in the same industry.
- SBAC's Return On Invested Capital of 12.88% is amongst the best of the industry. SBAC outperforms 100.00% of its industry peers.
- SBAC had an Average Return On Invested Capital over the past 3 years of 10.28%. This is significantly above the industry average of 4.81%.
- The last Return On Invested Capital (12.88%) for SBAC is above the 3 year average (10.28%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.61% | ||
| ROE | N/A | ||
| ROIC | 12.88% |
ROA(3y)5.28%
ROA(5y)3.71%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.28%
ROIC(5y)8.89%
1.3 Margins
- With a decent Profit Margin value of 30.72%, SBAC is doing good in the industry, outperforming 76.67% of the companies in the same industry.
- In the last couple of years the Profit Margin of SBAC has grown nicely.
- SBAC's Operating Margin of 56.42% is amongst the best of the industry. SBAC outperforms 90.00% of its industry peers.
- In the last couple of years the Operating Margin of SBAC has grown nicely.
- SBAC's Gross Margin of 76.06% is fine compared to the rest of the industry. SBAC outperforms 66.67% of its industry peers.
- In the last couple of years the Gross Margin of SBAC has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 56.42% | ||
| PM (TTM) | 30.72% | ||
| GM | 76.06% |
OM growth 3Y17.06%
OM growth 5Y13.31%
PM growth 3Y39.56%
PM growth 5Y30.83%
GM growth 3Y0.83%
GM growth 5Y0.72%
2. Health
2.1 Basic Checks
- With a Return on Invested Capital (ROIC) well above the Cost of Capital (WACC), SBAC is creating value.
- The number of shares outstanding for SBAC has been reduced compared to 1 year ago.
- Compared to 5 years ago, SBAC has less shares outstanding
- SBAC has a better debt/assets ratio than last year.
2.2 Solvency
- SBAC has an Altman-Z score of 0.43. This is a bad value and indicates that SBAC is not financially healthy and even has some risk of bankruptcy.
- SBAC has a Altman-Z score of 0.43. This is in the lower half of the industry: SBAC underperforms 73.33% of its industry peers.
- SBAC has a debt to FCF ratio of 11.77. This is a negative value and a sign of low solvency as SBAC would need 11.77 years to pay back of all of its debts.
- SBAC has a better Debt to FCF ratio (11.77) than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.77 | ||
| Altman-Z | 0.43 |
ROIC/WACC1.87
WACC6.9%
2.3 Liquidity
- A Current Ratio of 0.50 indicates that SBAC may have some problems paying its short term obligations.
- With a Current ratio value of 0.50, SBAC is not doing good in the industry: 63.33% of the companies in the same industry are doing better.
- SBAC has a Quick Ratio of 0.50. This is a bad value and indicates that SBAC is not financially healthy enough and could expect problems in meeting its short term obligations.
- SBAC has a Quick ratio of 0.50. This is in the lower half of the industry: SBAC underperforms 63.33% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 |
3. Growth
3.1 Past
- SBAC shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 20.98%, which is quite impressive.
- The Earnings Per Share has been growing by 40.01% on average over the past years. This is a very strong growth
- SBAC shows a small growth in Revenue. In the last year, the Revenue has grown by 4.82%.
- Measured over the past years, SBAC shows a small growth in Revenue. The Revenue has been growing by 5.87% on average per year.
EPS 1Y (TTM)20.98%
EPS 3Y48.25%
EPS 5Y40.01%
EPS Q2Q%-8.33%
Revenue 1Y (TTM)4.82%
Revenue growth 3Y5.09%
Revenue growth 5Y5.87%
Sales Q2Q%9.7%
3.2 Future
- SBAC is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 6.24% yearly.
- SBAC is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 4.28% yearly.
EPS Next Y44.35%
EPS Next 2Y13.73%
EPS Next 3Y9%
EPS Next 5Y6.24%
Revenue Next Year5.73%
Revenue Next 2Y3.64%
Revenue Next 3Y2.81%
Revenue Next 5Y4.28%
3.3 Evolution
- The EPS growth rate is decreasing: in the next years the growth will be less 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 23.56, the valuation of SBAC can be described as rather expensive.
- SBAC's Price/Earnings ratio is rather cheap when compared to the industry. SBAC is cheaper than 83.33% of the companies in the same industry.
- Compared to an average S&P500 Price/Earnings ratio of 27.92, SBAC is valued at the same level.
- With a Price/Forward Earnings ratio of 20.14, SBAC is valued on the expensive side.
- 83.33% of the companies in the same industry are more expensive than SBAC, based on the Price/Forward Earnings ratio.
- SBAC is valuated rather cheaply when we compare the Price/Forward Earnings ratio to 27.78, which is the current average of the S&P500 Index.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.56 | ||
| Fwd PE | 20.14 |
4.2 Price Multiples
- Based on the Enterprise Value to EBITDA ratio, SBAC is valued a bit cheaper than the industry average as 70.00% of the companies are valued more expensively.
- Compared to the rest of the industry, the Price/Free Cash Flow ratio of SBAC indicates a somewhat cheap valuation: SBAC is cheaper than 76.67% of the companies listed in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 17.83 | ||
| EV/EBITDA | 17.02 |
4.3 Compensation for Growth
- SBAC's low PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a rather cheap valuation of the company.
- SBAC has an outstanding profitability rating, which may justify a higher PE ratio.
PEG (NY)0.53
PEG (5Y)0.59
EPS Next 2Y13.73%
EPS Next 3Y9%
5. Dividend
5.1 Amount
- With a Yearly Dividend Yield of 2.46%, SBAC has a reasonable but not impressive dividend return.
- With a Dividend Yield of 2.46, SBAC pays less dividend than the industry average, which is at 5.45. 83.33% of the companies listed in the same industry pay a better dividend than SBAC!
- SBAC's Dividend Yield is a higher than the S&P500 average which is at 1.81.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.46% |
5.2 History
- On average, the dividend of SBAC grows each year by 39.51%, which is quite nice.
- SBAC has been paying a dividend for over 5 years, so it has already some track record.
- SBAC has not decreased its dividend in the past 5 years, so it has a somewhat stable track record.
Dividend Growth(5Y)39.51%
Div Incr Years5
Div Non Decr Years5
5.3 Sustainability
- SBAC pays out 54.40% of its income as dividend. This is a bit on the high side, but may be sustainable.
- SBAC's earnings are growing slower than its dividend. This means the dividend growth is not sustainable.
DP54.4%
EPS Next 2Y13.73%
EPS Next 3Y9%
180.74
+0.23 (+0.13%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)11-03 2025-11-03/amc
Earnings (Next)02-26 2026-02-26/amc
Inst Owners101.63%
Inst Owner Change-1.71%
Ins Owners0.7%
Ins Owner Change-0.4%
Market Cap19.26B
Revenue(TTM)2.79B
Net Income(TTM)856.97M
Analysts75.2
Price Target232.56 (28.67%)
Short Float %2.42%
Short Ratio3.29
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.46% |
Yearly Dividend3.93
Dividend Growth(5Y)39.51%
DP54.4%
Div Incr Years5
Div Non Decr Years5
Ex-DateN/A
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-2.52%
Min EPS beat(2)-3.21%
Max EPS beat(2)-1.82%
EPS beat(4)0
Avg EPS beat(4)-12.75%
Min EPS beat(4)-23.81%
Max EPS beat(4)-1.82%
EPS beat(8)2
Avg EPS beat(8)-11.06%
EPS beat(12)3
Avg EPS beat(12)-9.43%
EPS beat(16)4
Avg EPS beat(16)-7.32%
Revenue beat(2)2
Avg Revenue beat(2)1.18%
Min Revenue beat(2)0.25%
Max Revenue beat(2)2.11%
Revenue beat(4)2
Avg Revenue beat(4)0.13%
Min Revenue beat(4)-1.62%
Max Revenue beat(4)2.11%
Revenue beat(8)2
Avg Revenue beat(8)-1.39%
Revenue beat(12)2
Avg Revenue beat(12)-1.46%
Revenue beat(16)5
Avg Revenue beat(16)-0.9%
PT rev (1m)-0.27%
PT rev (3m)-3.19%
EPS NQ rev (1m)6.46%
EPS NQ rev (3m)70.05%
EPS NY rev (1m)-0.24%
EPS NY rev (3m)15.95%
Revenue NQ rev (1m)0.06%
Revenue NQ rev (3m)-0.43%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.52%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 23.56 | ||
| Fwd PE | 20.14 | ||
| P/S | 6.9 | ||
| P/FCF | 17.83 | ||
| P/OCF | 14.84 | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.02 |
EPS(TTM)7.67
EY4.24%
EPS(NY)8.98
Fwd EY4.97%
FCF(TTM)10.13
FCFY5.61%
OCF(TTM)12.18
OCFY6.74%
SpS26.18
BVpS-46.31
TBVpS-71.88
PEG (NY)0.53
PEG (5Y)0.59
Graham NumberN/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7.61% | ||
| ROE | N/A | ||
| ROCE | 16.31% | ||
| ROIC | 12.88% | ||
| ROICexc | 13.49% | ||
| ROICexgc | 19.15% | ||
| OM | 56.42% | ||
| PM (TTM) | 30.72% | ||
| GM | 76.06% | ||
| FCFM | 38.71% |
ROA(3y)5.28%
ROA(5y)3.71%
ROE(3y)N/A
ROE(5y)N/A
ROIC(3y)10.28%
ROIC(5y)8.89%
ROICexc(3y)10.61%
ROICexc(5y)9.2%
ROICexgc(3y)14.63%
ROICexgc(5y)13.14%
ROCE(3y)13.01%
ROCE(5y)11.26%
ROICexgc growth 3Y18.17%
ROICexgc growth 5Y12.75%
ROICexc growth 3Y21.4%
ROICexc growth 5Y18.43%
OM growth 3Y17.06%
OM growth 5Y13.31%
PM growth 3Y39.56%
PM growth 5Y30.83%
GM growth 3Y0.83%
GM growth 5Y0.72%
F-Score6
Asset Turnover0.25
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | N/A | ||
| Debt/FCF | 11.77 | ||
| Debt/EBITDA | 6.45 | ||
| Cap/Depr | 78.58% | ||
| Cap/Sales | 7.8% | ||
| Interest Coverage | 3.49 | ||
| Cash Conversion | 70.11% | ||
| Profit Quality | 126.01% | ||
| Current Ratio | 0.5 | ||
| Quick Ratio | 0.5 | ||
| Altman-Z | 0.43 |
F-Score6
WACC6.9%
ROIC/WACC1.87
Cap/Depr(3y)49.33%
Cap/Depr(5y)36.98%
Cap/Sales(3y)8.46%
Cap/Sales(5y)7.47%
Profit Quality(3y)213.48%
Profit Quality(5y)1044.71%
High Growth Momentum
Growth
EPS 1Y (TTM)20.98%
EPS 3Y48.25%
EPS 5Y40.01%
EPS Q2Q%-8.33%
EPS Next Y44.35%
EPS Next 2Y13.73%
EPS Next 3Y9%
EPS Next 5Y6.24%
Revenue 1Y (TTM)4.82%
Revenue growth 3Y5.09%
Revenue growth 5Y5.87%
Sales Q2Q%9.7%
Revenue Next Year5.73%
Revenue Next 2Y3.64%
Revenue Next 3Y2.81%
Revenue Next 5Y4.28%
EBIT growth 1Y8.35%
EBIT growth 3Y23.01%
EBIT growth 5Y19.96%
EBIT Next Year25.49%
EBIT Next 3Y10.06%
EBIT Next 5Y8.73%
FCF growth 1Y-6.94%
FCF growth 3Y1.57%
FCF growth 5Y6.29%
OCF growth 1Y-7.35%
OCF growth 3Y3.91%
OCF growth 5Y6.59%
SBA COMMUNICATIONS CORP / SBAC FAQ
What is the ChartMill fundamental rating of SBA COMMUNICATIONS CORP (SBAC) stock?
ChartMill assigns a fundamental rating of 5 / 10 to SBAC.
Can you provide the valuation status for SBA COMMUNICATIONS CORP?
ChartMill assigns a valuation rating of 6 / 10 to SBA COMMUNICATIONS CORP (SBAC). This can be considered as Fairly Valued.
Can you provide the profitability details for SBA COMMUNICATIONS CORP?
SBA COMMUNICATIONS CORP (SBAC) has a profitability rating of 8 / 10.
Can you provide the PE and PB ratios for SBAC stock?
The Price/Earnings (PE) ratio for SBA COMMUNICATIONS CORP (SBAC) is 23.56 and the Price/Book (PB) ratio is -3.9.
How sustainable is the dividend of SBA COMMUNICATIONS CORP (SBAC) stock?
The dividend rating of SBA COMMUNICATIONS CORP (SBAC) is 5 / 10 and the dividend payout ratio is 54.4%.