SBA Communications Corporation (SBAC)

NASDAQ: SBAC · IEX Real-Time Price · USD
216.70
-1.38 (-0.63%)
At close: Mar 28, 2024, 4:00 PM
211.00
-5.70 (-2.63%)
After-hours: Mar 28, 2024, 7:50 PM EDT

Total Valuation

SBAC has a market cap or net worth of $23.58 billion. The enterprise value is $37.79 billion.

Market Cap 23.58B
Enterprise Value 37.79B

Important Dates

The next estimated earnings date is Monday, April 29, 2024, after market close.

Earnings Date Apr 29, 2024
Ex-Dividend Date Mar 13, 2024

Share Statistics

SBAC has 108.11 million shares outstanding. The number of shares has decreased by -0.44% in one year.

Shares Outstanding 108.11M
Shares Change (YoY) -0.44%
Shares Change (QoQ) -0.29%
Owned by Insiders (%) 1.12%
Owned by Institutions (%) 99.77%
Float 107.00M

Valuation Ratios

The trailing PE ratio is 47.01 and the forward PE ratio is 40.93. SBAC's PEG ratio is 3.06.

PE Ratio 47.01
Forward PE 40.93
PS Ratio 8.69
Forward PS 8.59
PB Ratio n/a
P/FCF Ratio 18.03
PEG Ratio 3.06
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 22.16, with an EV/FCF ratio of 28.90.

EV / Earnings 75.31
EV / Sales 13.94
EV / EBITDA 22.16
EV / EBIT 38.21
EV / FCF 28.90

Financial Position

The company has a current ratio of 0.36

Current Ratio 0.36
Quick Ratio 0.33
Debt / Equity n/a
Debt / EBITDA 8.48
Debt / FCF 11.06
Interest Coverage 2.27

Financial Efficiency

Return on equity (ROE) is -9.70% and return on invested capital (ROIC) is 9.02%.

Return on Equity (ROE) -9.70%
Return on Assets (ROA) 4.80%
Return on Capital (ROIC) 9.02%
Revenue Per Employee $1.52M
Profits Per Employee $280,813
Employee Count 1,787
Asset Turnover 0.26
Inventory Turnover n/a

Taxes

In the past 12 months, SBAC has paid $51.09 million in taxes.

Income Tax 51.09M
Effective Tax Rate 9.24%

Stock Price Statistics

The stock price has decreased by -13.57% in the last 52 weeks. The beta is 0.56, so SBAC's price volatility has been lower than the market average.

Beta (1Y) 0.56
52-Week Price Change -13.57%
50-Day Moving Average 217.63
200-Day Moving Average 223.43
Relative Strength Index (RSI) 50.24
Average Volume (30 Days) 1,021,277

Short Selling Information

The latest short interest is 2.28 million, so 2.11% of the outstanding shares have been sold short.

Short Interest 2.28M
Short Previous Month 3.34M
Short % of Shares Out 2.11%
Short % of Float 2.13%
Short Ratio (days to cover) 1.77

Income Statement

In the last 12 months, SBAC had revenue of $2.71 billion and earned $501.81 million in profits. Earnings per share was $4.61.

Revenue 2.71B
Gross Profit 2.10B
Operating Income 923.66M
Pretax Income 552.90M
Net Income 501.81M
EBITDA 1.71B
EBIT 989.14M
Earnings Per Share (EPS) $4.61
Full Income Statement

Balance Sheet

The company has $246.68 million in cash and $14.46 billion in debt, giving a net cash position of -$14.22 billion or -$131.50 per share.

Cash & Cash Equivalents 246.68M
Total Debt 14.46B
Net Cash -14.22B
Net Cash Per Share -$131.50
Equity / Book Value -5.17B
Book Value Per Share -47.83
Working Capital -878.99M
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.54 billion and capital expenditures -$236.70 million, giving a free cash flow of $1.31 billion.

Operating Cash Flow 1.54B
Capital Expenditures -236.70M
Free Cash Flow 1.31B
FCF Per Share $12.09
Full Cash Flow Statement

Margins

Gross margin is 77.41%, with operating and profit margins of 34.06% and 18.51%.

Gross Margin 77.41%
Operating Margin 34.06%
Pretax Margin 20.39%
Profit Margin 18.51%
EBITDA Margin 62.89%
EBIT Margin 36.48%
FCF Margin 48.23%

Dividends & Yields

This stock pays an annual dividend of $3.92, which amounts to a dividend yield of 1.81%.

Dividend Per Share $3.92
Dividend Yield 1.81%
Dividend Growth (YoY) 18.46%
Years of Dividend Growth 5
Payout Ratio 85.03%
Buyback Yield 0.44%
Shareholder Yield 2.25%
Earnings Yield 2.13%
FCF Yield 5.55%
Dividend Details

Analyst Forecast

The average price target for SBAC is $272.67, which is 25.83% higher than the current price. The consensus rating is "Strong Buy".

Price Target $272.67
Price Target Difference 25.83%
Analyst Consensus Strong Buy
Analyst Count 12
Revenue Growth Forecast (5Y) 4.70%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

SBAC has an Altman Z-Score of 0.38 and a Piotroski F-Score of 7. A Z-score under 3 suggests an increased risk of bankruptcy.

Altman Z-Score 0.38
Piotroski F-Score 7