Why is SBA Communications Corp. ?
1
With a Negative Book Value, the company has a Weak Long Term Fundamental Strength
- Poor long term growth as Net Sales has grown by an annual rate of 6.24%
2
Risky -
- The stock is trading risky as compared to its average historical valuations
- Over the past year, while the stock has generated a return of -23.75%, its profits have risen by 16.8% ; the PEG ratio of the company is 1.2
3
Consistent Underperformance against the benchmark over the last 3 years
- Along with generating -23.75% returns in the last 1 year, the stock has also underperformed S&P 500 in each of the last 3 annual periods
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Realty)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is SBA Communications Corp. for you?
Low Risk, Low Return
Absolute
Risk Adjusted
Volatility
SBA Communications Corp.
-24.48%
-0.53
25.67%
S&P 500
13.68%
0.71
19.28%
Quality key factors
Factor
Value
Sales Growth (5y)
6.24%
EBIT Growth (5y)
29.98%
EBIT to Interest (avg)
2.43
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0
Tax Ratio
5.70%
Dividend Payout Ratio
56.52%
Pledged Shares
0
Institutional Holding
100.00%
ROCE (avg)
0
ROE (avg)
0
Valuation Key Factors 
Factor
Value
P/E Ratio
20
Industry P/E
Price to Book Value
-4.02
EV to EBIT
12.40
EV to EBITDA
10.47
EV to Capital Employed
-3.59
EV to Sales
6.95
PEG Ratio
1.22
Dividend Yield
250.11%
ROCE (Latest)
Negative Capital Employed
ROE (Latest)
Negative BV
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Mildly Bullish
Bearish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
5What is working for the Company
DIVIDEND PER SHARE(HY)
Highest at USD 4.13
DEBT-EQUITY RATIO
(HY)
Lowest at -248.16 %
NET SALES(Q)
Highest at USD 732.33 MM
PRE-TAX PROFIT(Q)
Highest at USD 314.44 MM
-3What is not working for the Company
OPERATING CASH FLOW(Y)
Lowest at USD 1,297.48 MM
RAW MATERIAL COST(Y)
Grown by 5.92% (YoY
Here's what is working for SBA Communications Corp.
Dividend per share
Highest at USD 4.13 and Grown
In each year in the last five yearsMOJO Watch
Company is distributing higher dividend from profits generated
DPS (USD)
Net Sales
Highest at USD 732.33 MM
in the last five periodsMOJO Watch
Near term sales trend is positive
Net Sales (USD MM)
Pre-Tax Profit
Highest at USD 314.44 MM
in the last five periodsMOJO Watch
Near term Pre-Tax Profit trend is positive
Pre-Tax Profit (USD MM)
Debt-Equity Ratio
Lowest at -248.16 %
in the last five Semi-Annual periodsMOJO Watch
The company has been reducing its borrowing as compared to equity capital
Debt-Equity Ratio
Depreciation
Highest at USD 77.01 MM
in the last five periodsMOJO Watch
The expenditure on assets done by the company may have gone into operation
Depreciation (USD MM)
Here's what is not working for SBA Communications Corp.
Operating Cash Flow
Lowest at USD 1,297.48 MM
in the last three yearsMOJO Watch
The company's cash revenues from business operations are falling
Operating Cash Flows (USD MM)
Raw Material Cost
Grown by 5.92% (YoY)
MOJO Watch
The company's ability to pass on the cost of raw materials to customers has deteriorated; this may lead to a fall in profit margin
Raw Material Cost as a percentage of Sales






