SBA Communications Corp. (SBAC): Price and Financial Metrics

SBAC POWR Grades

• Quality is the dimension where SBAC ranks best; there it ranks ahead of 85.25% of US stocks.
• The strongest trend for SBAC is in Momentum, which has been heading up over the past 26 weeks.
• SBAC's current lowest rank is in the Value metric (where it is better than 7.82% of US stocks).

SBAC Stock Summary

• The capital turnover (annual revenue relative to shareholder's equity) for SBAC is -0.53 -- better than just 6.16% of US stocks.
• For SBAC, its debt to operating expenses ratio is greater than that reported by 94.46% of US equities we're observing.
• SBAC's equity multiplier -- a measure of assets relative to shareholders'equity -- is greater than that of only 5.24% of US stocks.
• Stocks with similar financial metrics, market capitalization, and price volatility to SBA COMMUNICATIONS CORP are KIM, UDR, REXR, REG, and CUBE.
• Visit SBAC's SEC page to see the company's official filings. To visit the company's web site, go to www.sbasite.com.

SBAC Valuation Summary

• In comparison to the median Real Estate stock, SBAC's price/earnings ratio is 78.93% higher, now standing at 55.2.
• SBAC's EV/EBIT ratio has moved up 58.2 over the prior 243 months.

Below are key valuation metrics over time for SBAC.

SBAC Growth Metrics

The 4 year cash and equivalents growth rate now stands at 39.44%.
• Its year over year net cashflow from operations growth rate is now at 5.56%.
• The 4 year net cashflow from operations growth rate now stands at 33.14%.

SBAC's revenue has moved up $717,580,000 over the prior 49 months.

The table below shows SBAC's growth in key financial areas (numbers in millions of US dollars).

Date	Revenue	Operating Cash Flow	Net Income to Common Stock
2022-09-30	2,542.498	1,295.632	407.052
2022-06-30	2,456.219	1,216.211	354.841
2022-03-31	2,379.741	1,196.88	437.994
2021-12-31	2,308.834	1,189.896	237.624
2021-09-30	2,249.479	1,134.455	294.504
2021-06-30	2,183.114	1,171.897	269.274

SBAC's Quality Factors

The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.

• SBAC has a Quality Grade of B, ranking ahead of 80.07% of graded US stocks.
• SBAC's asset turnover comes in at 0.23 -- ranking 87th of 444 Trading stocks.
• MPW, TCI, and MORN are the stocks whose asset turnover ratios are most correlated with SBAC.

The table below shows SBAC's key quality metrics over time.