CTT - Correios De Portugal, S.A.

Factors to consider:

• Company pays dividends (annually): last record date 2025-05-14, amount 0.19$ (Y2.26%)
• Earnings for 9 months up through Q3 are below our estimates

Stock Forecast*

* forecast is subjective and experimental, should not be used for any investment decisions

Long term estimates were made for the period from 2024-12-31 to 2026-12-31

• 2024-12-31 to 2025-12-31 estimated range: [4.66$, 7.45$]
• 2025-12-31 to 2026-12-31 estimated range: [5.54$, 8.70$]

Financial Metrics affecting the CTTOF estimates:

• Positive: with PPE of 12.9 at the end of fiscal year the price was very low
• Positive: 7.86 < Operating profit margin, % of 8.59
• Positive: Operating cash flow per share per price, % of 155.96 > 13.24
• Positive: -2.95 < Return on assets ratio (scaled to [-100,100]) of 0.79
• Negative: Shareholder equity ratio, % of 4.34 <= 18.93
• Negative: Industry earnings per price (median), % of 0 <= 0
• Positive: 5.52 < Industry operating cash flow per share per price (median), % of 5.80
• Positive: Inventory ratio change, % of -0.08 <= 0
• Positive: Interest expense per share per price, % of 3.00 <= 3.41