AI Spotlight on ATEX
Company Description
Anterix Inc.operates as a wireless communications company.The company focuses on commercializing its spectrum assets to enable the targeted utility and critical infrastructure customers to deploy private broadband networks, technologies, and solutions.
It holds licensed spectrum in the 900 MHz band with coverage throughout the United States, Alaska, Hawaii, and Puerto Rico.The company was formerly known as pdvWireless, Inc.and changed its name to Anterix Inc.
in August 2019.Anterix Inc.was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.
Market Data
Last Price | 28.57 |
Change Percentage | -1.52% |
Open | 29.05 |
Previous Close | 29.01 |
Market Cap ( Millions) | 532 |
Volume | 77473 |
Year High | 42.41 |
Year Low | 27.37 |
M A 50 | 31.55 |
M A 200 | 34.33 |
Financial Ratios
FCF Yield | 3.15% |
Dividend Yield | 0.00% |
ROE | -24.07% |
Debt / Equity | 4.06% |
Net Debt / EBIDTA | 70.97% |
Price To Book | 3.82 |
Price Earnings Ratio | -14.21 |
Price To FCF | 31.71 |
Price To sales | 94.87 |
EV / EBITDA | -9.36 |
News
- Jan -22 - Anterix Sets Third Quarter Fiscal 2025 Earnings Conference Call for Wednesday, February 12, at 9:00 a.m. ET
- Jan -20 - Anterix (ATEX) Moves 11.4% Higher: Will This Strength Last?
- Jan -17 - FCC Approves Notice of Proposed Rulemaking to Expand 900 MHz Broadband Segment
- Jan -13 - SHAREHOLDER ALERT: Purcell & Lefkowitz LLP Announces Shareholder Investigation of Anterix Inc. (NASDAQ: ATEX)
- Jan -13 - Lower Colorado River Authority Widens Wireless Communications Capabilities with Additional Spectrum Licenses from Anterix
- Jan -03 - 2 Communication Stocks Likely to Beat Industry Challenges
- Dec -30 - Anterix Announces Tom Kuhn as Chairman of the Board of Directors as Morgan O'Brien Retires After More Than 12 Years on the Board
- Nov -26 - ANTERIX TO PRESENT AT JANNEY CLEAN ENERGY INVESTMENT SYMPOSIUM DECEMBER 4-5, 2024
- Nov -14 - Anterix, Inc. (ATEX) Q2 2025 Earnings Call Transcript
- Nov -13 - Anterix (ATEX) Reports Q2 Loss, Lags Revenue Estimates
- Nov -13 - ANTERIX INC. REPORTS SECOND QUARTER FISCAL YEAR 2025 RESULTS
- Nov -01 - ATEX Announces Closing of Strategic Investment by Agnico Eagle and Final Settlement of Credit Facility
- Oct -25 - AGNICO EAGLE ANNOUNCES INVESTMENT IN ATEX RESOURCES INC.
- Oct -25 - ATEX Announces US$40 Million Strategic Investment by Agnico Eagle
- Oct -17 - ANTERIX SETS SECOND QUARTER FISCAL 2025 EARNINGS CONFERENCE CALL FOR THURSDAY, NOVEMBER 14, 2024, AT 9:00 A.M. ET
- Oct -09 - Zacks Industry Outlook CommScope Holding and Anterix
- Oct -08 - ANTERIX APPOINTS SCOTT LANG AS PRESIDENT AND CEO
- Oct -08 - 2 Communication Stocks Set to Beat Short-Term Industry Headwinds
- Aug -26 - Anterix to Present at the 2024 Gateway Conference on September 4
- Aug -09 - Anterix, Inc. (ATEX) Q1 2025 Earnings Call Transcript
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Narrowband Spectrum - Motorola
Expected Growth : 15.4 %
What the company do ?
Narrowband Spectrum - Motorola from Anterix Inc. is a dedicated spectrum for critical communications, enabling reliable and secure connectivity for mission-critical industries.
Why we expect these perspectives ?
Growing demand for reliable and secure connectivity in mission-critical industries, such as utilities, transportation, and public safety, drives the adoption of Narrowband Spectrum. Increasing investments in IoT and smart grid infrastructure also contribute to the growth.
Segment nΒ°2 -> 900 MHz Broadband Spectrum - Ameren
Expected Growth : 15.4 %
What the company do ?
The 900 MHz broadband spectrum, acquired by Anterix Inc. from Ameren, is a low-band frequency ideal for IoT, smart grid, and critical infrastructure applications.
Why we expect these perspectives ?
The 900 MHz broadband spectrum is ideal for IoT, smart grid, and critical infrastructure applications, driving growth. Low-band frequency advantages, increasing demand for reliable connectivity, and Anterix Inc.'s strategic acquisition from Ameren position the segment for significant expansion.
Segment nΒ°3 -> 900 MHz Broadband Spectrum - Evergy
Expected Growth : 12.4 %
What the company do ?
The 900 MHz broadband spectrum, acquired by Anterix Inc. from Evergy, is a low-band frequency band ideal for IoT, smart grid, and rural broadband applications.
Why we expect these perspectives ?
The 900 MHz broadband spectrum is ideal for IoT, smart grid, and rural broadband applications, driving growth. Increasing demand for low-band frequency bands and Anterix Inc.'s strategic acquisition from Evergy will fuel market expansion.
Anterix Inc. Products
Product Range | What is it ? |
---|---|
900 MHz Spectrum | Anterix offers a nationwide, low-band 900 MHz spectrum, ideal for wide-area, low-power IoT applications, such as smart cities, industrial IoT, and critical infrastructure. |
Private LTE Networks | Anterix provides private LTE networks for mission-critical communications, offering secure, reliable, and high-performance connectivity for industries such as utilities, transportation, and public safety. |
Edge Computing | Anterix offers edge computing solutions that enable real-time processing, analytics, and AI at the edge of the network, reducing latency and improving performance for IoT applications. |
Network Services | Anterix provides network services, including network design, deployment, and management, to support the deployment of private LTE networks and IoT applications. |
Anterix Inc.'s Porter Forces
Threat Of Substitutes
Anterix Inc. operates in a niche market with limited substitutes, but the threat of substitutes is still present due to the evolving nature of the wireless communication industry.
Bargaining Power Of Customers
Anterix Inc.'s customers are largely dependent on the company's services, giving them limited bargaining power.
Bargaining Power Of Suppliers
Anterix Inc. relies on a few key suppliers for its operations, giving them some bargaining power, but the company's size and reputation mitigate this threat.
Threat Of New Entrants
The wireless communication industry is highly competitive, and new entrants can easily disrupt the market, posing a significant threat to Anterix Inc.'s market share.
Intensity Of Rivalry
The wireless communication industry is highly competitive, with many established players, leading to a high intensity of rivalry that Anterix Inc. must navigate.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
Value | |
---|---|
Debt Weight | 2.52% |
Debt Cost | 3.95% |
Equity Weight | 97.48% |
Equity Cost | 7.28% |
WACC | 7.20% |
Leverage | 2.58% |
Anterix Inc. : Quality Control
Anterix Inc. passed 3 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
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GSAT | Globalstar, Inc. provides mobile satellite services worldwide. The company offers duplex two-way voice and data products, including mobile voice and data satellite communications services and equipment for remote business continuity, β¦ |
OOMA | Ooma, Inc. provides communications services and related technologies for businesses and consumers in the United States and Canada. The company's products and services include Ooma Office, a cloud-based multi-user communications β¦ |
RBBN | Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP β¦ |
GOGO | Gogo Inc., through its subsidiaries, provides broadband connectivity services to the aviation industry in the United States and internationally. It operates through Commercial Aviation North America (CA-NA), Commercial Aviation Rest β¦ |
CNSL | Consolidated Communications Holdings, Inc., together with its subsidiaries, provides broadband and business communication solutions for consumer, commercial, and carrier channels in the United States. It offers high-speed broadband Internet access β¦ |