AMT Valuation

American Tower Corp

Add to Watchlist

Advanced Chart

203.850

+1.29(0.637%)1D

Overview
Forecast
Valuation
Earnings

AMT Relative Valuation

AMT's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, AMT is overvalued; if below, it's undervalued.

Historical Valuation

American Tower Corp (AMT) is now in the Undervalued zone, suggesting that its current forward PE ratio of 30.37 is considered Undervalued compared with the five-year average of 42.15. The fair price of American Tower Corp (AMT) is between 241.18 to 352.24 according to relative valuation methord. Compared to the current price of 203.85 USD , American Tower Corp is Undervalued By 15.48%.

Relative Value

Fair Zone

241.18-352.24

Current Price：203.85

15.48%

Undervalued

30.37

Trailing

Forward

20.13

EV/EBITDA

American Tower Corp. (AMT) has a current EV/EBITDA of 20.13. The 5-year average EV/EBITDA is 22.57. The thresholds are as follows: Strongly Undervalued below 17.33, Undervalued between 17.33 and 19.95, Fairly Valued between 25.19 and 19.95, Overvalued between 25.19 and 27.82, and Strongly Overvalued above 27.82. The current Forward EV/EBITDA of 20.13 falls within the Historic Trend Line -Fairly Valued range.

29.21

EV/EBIT

American Tower Corp. (AMT) has a current EV/EBIT of 29.21. The 5-year average EV/EBIT is 40.04. The thresholds are as follows: Strongly Undervalued below 23.47, Undervalued between 23.47 and 31.76, Fairly Valued between 48.32 and 31.76, Overvalued between 48.32 and 56.61, and Strongly Overvalued above 56.61. The current Forward EV/EBIT of 29.21 falls within the Undervalued range.

8.88

American Tower Corp. (AMT) has a current PS of 8.88. The 5-year average PS is 9.99. The thresholds are as follows: Strongly Undervalued below 6.43, Undervalued between 6.43 and 8.21, Fairly Valued between 11.77 and 8.21, Overvalued between 11.77 and 13.55, and Strongly Overvalued above 13.55. The current Forward PS of 8.88 falls within the Historic Trend Line -Fairly Valued range.

17.97

P/OCF

American Tower Corp. (AMT) has a current P/OCF of 17.97. The 5-year average P/OCF is 20.74. The thresholds are as follows: Strongly Undervalued below 12.57, Undervalued between 12.57 and 16.66, Fairly Valued between 24.83 and 16.66, Overvalued between 24.83 and 28.91, and Strongly Overvalued above 28.91. The current Forward P/OCF of 17.97 falls within the Historic Trend Line -Fairly Valued range.

23.39

P/FCF

American Tower Corp. (AMT) has a current P/FCF of 23.39. The 5-year average P/FCF is 31.25. The thresholds are as follows: Strongly Undervalued below 15.32, Undervalued between 15.32 and 23.29, Fairly Valued between 39.22 and 23.29, Overvalued between 39.22 and 47.18, and Strongly Overvalued above 47.18. The current Forward P/FCF of 23.39 falls within the Historic Trend Line -Fairly Valued range.

American Tower Corp (AMT) has a current Price-to-Book (P/B) ratio of 25.71. Compared to its 3-year average P/B ratio of 21.72 , the current P/B ratio is approximately 18.37% higher. Relative to its 5-year average P/B ratio of 22.61, the current P/B ratio is about 13.71% higher. American Tower Corp (AMT) has a Forward Free Cash Flow (FCF) yield of approximately 5.49%. Compared to its 3-year average FCF yield of 4.92%, the current FCF yield is approximately 11.57% lower. Relative to its 5-year average FCF yield of 4.46% , the current FCF yield is about 23.09% lower.

25.71

P/B

Median3y

21.72

Median5y

22.61

5.49

FCF Yield

Median3y

4.92

Median5y

4.46

Competitors Valuation Multiple

The average P/S ratio for AMT's competitors is 9.92, providing a benchmark for relative valuation. American Tower Corp Corp (AMT) exhibits a P/S ratio of 8.88, which is -10.51% above the industry average. Given its robust revenue growth of 3.23%, this premium appears unsustainable.

P/S

P/E

EV/EBITDA

EV/EBIT

P/S

Revenue Growth

Market Cap

Simon Property Group Inc

Performance Decomposition

Market capitalization of AMT decreased by 11.71% over the past 1 year. The primary factor behind the change was an increase in P/E Change from 27.77 to 38.11.

The secondary factor is the Revenue Growth, contributed 3.23%to the performance.

Overall, the performance of AMT in the past 1 year is driven by P/E Change. Which is more unsustainable.

3.23%

2.54B → 2.63B

Revenue Growth

-52.15%

30.26 → 14.48

Margin Expansion

37.21%

27.77 → 38.11

P/E Change

-11.71%