Sba Communications Corp Stock Performance
| SBAC Stock | USD 218.23 3.67 1.71% |
SBA Communications has a performance score of 4 on a scale of 0 to 100. The firm owns a Beta (Systematic Risk) of 0.23, which indicates not very significant fluctuations relative to the market. As returns on the market increase, SBA Communications' returns are expected to increase less than the market. However, during the bear market, the loss of holding SBA Communications is expected to be smaller as well. SBA Communications Corp at this time owns a risk of 1.67%. Please validate SBA Communications Corp total risk alpha, value at risk, and the relationship between the standard deviation and treynor ratio , to decide if SBA Communications Corp will be following its current price history.
Risk-Adjusted Performance
Insignificant
Weak | Strong |
Compared to the overall equity markets, risk-adjusted returns on investments in SBA Communications Corp are ranked lower than 4 (%) of all global equities and portfolios over the last 90 days. In spite of rather sound basic indicators, SBA Communications is not utilizing all of its potentials. The newest stock price tumult, may contribute to shorter-term losses for the shareholders. ...more
| Begin Period Cash Flow | 250.9 M |
SBA |
SBA Communications Relative Risk vs. Return Landscape
If you would invest 20,792 in SBA Communications Corp on December 17, 2024 and sell it today you would earn a total of 1,031 from holding SBA Communications Corp or generate 4.96% return on investment over 90 days. SBA Communications Corp is currently generating 0.0931% in daily expected returns and assumes 1.6742% risk (volatility on return distribution) over the 90 days horizon. In different words, 14% of stocks are less volatile than SBA, and 99% of all traded equity instruments are projected to make higher returns than the company over the 90 days investment horizon. Expected Return |
| Risk |
SBA Communications Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for SBA Communications' investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as SBA Communications Corp, and traders can use it to determine the average amount a SBA Communications' price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.0556
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Estimated Market Risk
| 1.67 actual daily | 14 86% of assets are more volatile |
Expected Return
| 0.09 actual daily | 1 99% of assets have higher returns |
Risk-Adjusted Return
| 0.06 actual daily | 4 96% of assets perform better |
Based on monthly moving average SBA Communications is performing at about 4% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of SBA Communications by adding it to a well-diversified portfolio.
SBA Communications Fundamentals Growth
SBA Stock prices reflect investors' perceptions of the future prospects and financial health of SBA Communications, and SBA Communications fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on SBA Stock performance.
| Return On Asset | 0.0883 | ||||
| Profit Margin | 0.28 % | ||||
| Operating Margin | 0.57 % | ||||
| Current Valuation | 38.8 B | ||||
| Shares Outstanding | 107.61 M | ||||
| Price To Earning | 79.43 X | ||||
| Price To Sales | 8.76 X | ||||
| Revenue | 2.68 B | ||||
| EBITDA | 1.47 B | ||||
| Cash And Equivalents | 201.21 M | ||||
| Cash Per Share | 1.86 X | ||||
| Total Debt | 3.35 B | ||||
| Debt To Equity | 16.46 % | ||||
| Book Value Per Share | (47.51) X | ||||
| Cash Flow From Operations | 1.33 B | ||||
| Earnings Per Share | 6.94 X | ||||
| Total Asset | 11.42 B | ||||
| Retained Earnings | (7.33 B) | ||||
| Current Asset | 858.2 M | ||||
| Current Liabilities | 738.77 M | ||||
About SBA Communications Performance
By analyzing SBA Communications' fundamental ratios, stakeholders can gain valuable insights into SBA Communications' financial health, operational efficiency, and overall profitability, helping them make informed investment and management decisions. For instance, if SBA Communications has a high ROA and ROE, it suggests that the company is efficiently using its assets and equity to generate substantial profits, making it an attractive investment. Conversely, if SBA Communications has a low ROA and ROE, it may indicate underlying issues in asset and equity management, signaling a need for operational improvements.
SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. SBA Communications operates under REITSpecialty classification in the United States and is traded on NASDAQ Exchange. It employs 1596 people.Things to note about SBA Communications Corp performance evaluation
Checking the ongoing alerts about SBA Communications for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for SBA Communications Corp help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| SBA Communications Corp currently holds 3.35 B in liabilities with Debt to Equity (D/E) ratio of 16.46, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. SBA Communications Corp has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Note, when we think about SBA Communications' use of debt, we should always consider it together with its cash and equity. | |
| SBA Communications has a strong financial position based on the latest SEC filings | |
| Over 99.0% of SBA Communications shares are owned by institutional investors |
- Analyzing SBA Communications' financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether SBA Communications' stock is overvalued or undervalued compared to its peers.
- Examining SBA Communications' industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating SBA Communications' management team can have a significant impact on its success or failure. Reviewing the track record and experience of SBA Communications' management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of SBA Communications' stock. These opinions can provide insight into SBA Communications' potential for growth and whether the stock is currently undervalued or overvalued.
Complementary Tools for SBA Stock analysis
When running SBA Communications' price analysis, check to measure SBA Communications' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy SBA Communications is operating at the current time. Most of SBA Communications' value examination focuses on studying past and present price action to predict the probability of SBA Communications' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move SBA Communications' price. Additionally, you may evaluate how the addition of SBA Communications to your portfolios can decrease your overall portfolio volatility.
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