SBA Communications Corporation (SBAC)
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 |
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 |
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 |
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 |
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% |
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 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 |