1.19%
1.31%
-12.98%
-15.69%
-5.02%
-26.12%
-19.82%
AI Spotlight on AMT
Company Description
American Tower Corporation, one of the largest global REITs, is a leading independent owner, operator and developer of multitenant communications real estate with a portfolio of approximately 219,000 communications sites.For more information about American Tower, please visit the Earnings Materials and Investor Presentations sections of our investor relations website at www.americantower.com.
Market Data
| Last Price | 185.82 |
| Change Percentage | 1.19% |
| Open | 186.23 |
| Previous Close | 183.63 |
| Market Cap ( Millions) | 86832 |
| Volume | 1456979 |
| Year High | 243.56 |
| Year Low | 170.46 |
| M A 50 | 192.2 |
| M A 200 | 204.14 |
Financial Ratios
| FCF Yield | 4.10% |
| Dividend Yield | 3.49% |
| ROE | 28.21% |
| Debt / Equity | 1229.68% |
| Net Debt / EBIDTA | 616.69% |
| Price To Book | 23.84 |
| Price Earnings Ratio | 78.19 |
| Price To FCF | 24.38 |
| Price To sales | 7.86 |
| EV / EBITDA | 18.73 |
News
- Jan -30 - uniQure Announces Favorable Recommendation from Independent Data Monitoring Committee for its Phase I/II EPISOD1 Clinical Trial of AMT-162 for the Treatment of SOD1-ALS
- Jan -30 - Here's Why American Tower (AMT) Fell More Than Broader Market
- Jan -26 - Morning In America
- Jan -25 - 10 Stocks I'm Buying As A New Government Takes Power
- Jan -24 - American Tower Stock: Loads Of Catalysts On Sale (Rating Upgrade)
- Jan -22 - American Tower Plans Fourth Quarter and Full Year 2024 Earnings Release and Conference Call
- Jan -22 - What to Do With American Tower Stock Post Its 16% Decline in 3 Months?
- Jan -22 - Become A 'Mission Critical' AI Landlord And Sleep Well At Night
- Jan -21 - American Tower Corporation Announces Tax Reporting Information for 2024 Distributions
- Jan -21 - American Tower's Imminent Dividend Hike - Double Digits Data Center Growth
- Jan -20 - 2 High Quality Dividends That Continue To Dissapoint
- Jan -16 - CoreSite to be Featured at PTC 2025
- Jan -11 - A Dozen Stocks I'm Buying As Rising Interest Rates Break The Market
- Jan -08 - American Tower (AMT) Rises Higher Than Market: Key Facts
- Jan -07 - American Tower Names Bud Noel as COO and Rich Rossi as EVP and President, U.S. Tower
- Jan -05 - Ready, Set, REIT: Why 2025 Could Be A Breakout Year
- Jan -02 - 5 Of UBS Highest Conviction 2025 Picks Are Also Dividend Superstars
- Dec -31 - My Top 10 REITs For 2025
- Dec -28 - 2 REITs Investors Should Own In 2025
- Dec -28 - 8 Stocks I'm Buying As I Hone My Buying Strategy For 2025
Business Breakdown
Expected Mid-Term Growth
Segment n°1 -> United States and Canada Property
Expected Growth : 3.0 %
What the company do ?
The United States and Canada Property segment from American Tower Corporation refers to a portfolio of wireless communication towers and other communications infrastructure in the US and Canada.
Why we expect these perspectives ?
American Tower Corporation's 3.0% growth in United States and Canada Property segment is driven by increasing demand for wireless infrastructure, 5G network deployments, and rising mobile data usage. Additionally, the company's focus on small cells and fiber deployments, as well as its strategic acquisitions, contribute to the growth.
Segment n°2 -> Latin America Property
Expected Growth : 2.8 %
What the company do ?
Latin America Property from American Tower Corporation refers to a portfolio of wireless communication towers and other communication infrastructure assets across Latin America.
Why we expect these perspectives ?
American Tower Corporation's Latin America Property segment growth of 2.8% is driven by increasing demand for wireless infrastructure, 4G and 5G network deployments, and rising mobile data usage in countries such as Brazil, Mexico, and Chile. Additionally, the company's strategic acquisitions and expansion into new markets have contributed to the segment's growth.
Segment n°3 -> Africa Property
Expected Growth : 2.5 %
What the company do ?
Africa Property from American Tower Corporation refers to the company's portfolio of telecommunications infrastructure assets across Africa, including cell towers and other wireless communication sites.
Why we expect these perspectives ?
Africa Property growth of 2.5% driven by increasing demand for data centers and fiber infrastructure, supported by rising mobile penetration, urbanization, and government initiatives to improve digital infrastructure. Additionally, American Tower Corporation's strategic acquisitions and partnerships in the region contribute to the growth.
Segment n°4 -> Asia-Pacific Property
Expected Growth : 3.2 %
What the company do ?
Asia-Pacific Property is a segment of American Tower Corporation that operates and manages a portfolio of communication sites in Australia, India, and other Asia-Pacific countries.
Why we expect these perspectives ?
Asia-Pacific property growth of 3.2% driven by increasing demand for data centers and cloud services, fueled by rapid urbanization and digitalization in countries like India, China, and Indonesia. Additionally, growing adoption of 5G technology and IoT devices is driving demand for tower infrastructure, contributing to American Tower Corporation's growth in the region.
Segment n°5 -> Data Centers
Expected Growth : 4.0 %
What the company do ?
American Tower Corporation's data centers provide secure, reliable, and scalable infrastructure for customers to collocate their IT equipment, offering a range of services and solutions.
Why we expect these perspectives ?
American Tower Corporation's Data Centers segment growth of 4.0% is driven by increasing demand for cloud computing, IoT, and 5G networks, leading to higher capacity requirements. Additionally, the growing need for data storage, processing, and analytics, as well as the expansion of hyperscale cloud providers, contribute to the segment's growth.
Segment n°6 -> Europe Property
Expected Growth : 2.9 %
What the company do ?
Europe Property from American Tower Corporation refers to a portfolio of wireless communication towers and infrastructure assets across Europe, providing essential services to mobile network operators.
Why we expect these perspectives ?
American Tower Corporation's Europe Property segment growth of 2.9% is driven by increasing demand for mobile data and 5G network deployments, leading to higher tower usage and new site additions. Additionally, the company's strategic acquisitions and expansion into new markets, such as Poland and Germany, contribute to the segment's growth.
Segment n°7 -> Services
Expected Growth : 3.1 %
What the company do ?
American Tower Corporation offers a range of services including site acquisition, zoning and permitting, construction, and operations and maintenance for wireless communication infrastructure.
Why we expect these perspectives ?
American Tower Corporation's 3.1% growth is driven by increasing demand for wireless infrastructure, expansion of 5G networks, and growing need for tower infrastructure in emerging markets. Additionally, the company's focus on cost savings initiatives, strategic acquisitions, and long-term contracts with major carriers contribute to its growth momentum.
American Tower Corporation Products
| Product Range | What is it ? |
|---|---|
| Towers | American Tower Corporation owns and operates a portfolio of over 220,000 communication towers across 25 countries, providing infrastructure for wireless communication services. |
| In-Building DAS (Distributed Antenna Systems) | American Tower's In-Building DAS solutions provide reliable and efficient wireless coverage within buildings, stadiums, and other large venues. |
| Small Cells | American Tower's small cell solutions provide targeted wireless coverage and capacity in high-demand areas, such as urban centers and public venues. |
| Edge Data Centers | American Tower's edge data centers provide low-latency, high-capacity data processing and storage solutions for edge computing applications. |
| Fiber Solutions | American Tower's fiber solutions provide high-capacity, low-latency connectivity for wireless networks, data centers, and enterprise customers. |
American Tower Corporation's Porter Forces
Threat Of Substitutes
American Tower Corporation has a low threat of substitutes due to the high barriers to entry in the telecommunications infrastructure industry. The company's tower portfolio and long-term contracts with major carriers provide a significant moat against potential substitutes.
Bargaining Power Of Customers
American Tower Corporation's customers, including major carriers, have some bargaining power due to their large scale and negotiating power. However, the company's diversified customer base and long-term contracts mitigate this risk.
Bargaining Power Of Suppliers
American Tower Corporation has a low bargaining power of suppliers due to its significant scale and negotiating power. The company's suppliers are largely fragmented, and the company has a strong track record of managing its supply chain.
Threat Of New Entrants
American Tower Corporation has a low threat of new entrants due to the high barriers to entry in the telecommunications infrastructure industry. The company's significant scale, long-term contracts, and high capital requirements for new entrants make it difficult for new competitors to enter the market.
Intensity Of Rivalry
American Tower Corporation operates in a moderately competitive industry, with a few large players competing for market share. However, the company's diversified portfolio, long-term contracts, and strong relationships with customers help to mitigate the intensity of rivalry.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
| Value | |
|---|---|
| Debt Weight | 91.82% |
| Debt Cost | 3.95% |
| Equity Weight | 8.18% |
| Equity Cost | 7.47% |
| WACC | 4.23% |
| Leverage | 1123.21% |
American Tower Corporation : Quality Control
American Tower Corporation passed 4 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
| Company | Rational |
|---|---|
| CCI | Crown Castle owns, operates and leases more than 40,000 cell towers and approximately 80,000 route miles of fiber supporting small cells and fiber solutions across every major U.S. market. This … |
| AFCG | AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other types of loans and debt securities for established companies operating in the cannabis industry in states … |
| IRM | Iron Mountain Incorporated (NYSE: IRM), founded in 1951, is the global leader for storage and information management services. Trusted by more than 225,000 organizations around the world, and with a … |
| LAMR | Founded in 1902, Lamar Advertising (Nasdaq: LAMR) is one of the largest outdoor advertising companies in North America, with over 352,000 displays across the United States and Canada. Lamar offers … |
| EQIX | Equinix (Nasdaq: EQIX) is the world's digital infrastructure company, enabling digital leaders to harness a trusted platform to bring together and interconnect the foundational infrastructure that powers their success. Equinix … |
Peers Metrics
DCF BETA
Expected Cash-Flows
Scoring Insights
Peers Group Analysis
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American Tower
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