AMERICAN TOWER CORP (1AMT.MI) Stock Fundamental Analysis
BIT:1AMT - Euronext Milan - US03027X1000 - REIT - Currency: EUR
1AMT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 3 industry peers in the Specialized REITs industry. 1AMT scores excellent on profitability, but there are concerns on its financial health. 1AMT is not valued too expensively and it also shows a decent growth rate.
1. Profitability
1.1 Basic Checks
1AMT had positive earnings in the past year.
In the past year 1AMT had a positive cash flow from operations.
Each year in the past 5 years 1AMT has been profitable.
1AMT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
1AMT has a Return On Assets of 5.19%. This is in the better half of the industry: 1AMT outperforms 66.67% of its industry peers.
The Return On Equity of 1AMT (93.80%) is better than 100.00% of its industry peers.
1AMT has a Return On Invested Capital of 7.99%. This is amongst the best in the industry. 1AMT outperforms 100.00% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for 1AMT is in line with the industry average of 5.50%.
The 3 year average ROIC (4.97%) for 1AMT is below the current ROIC(7.99%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.19% | ||
| ROE | 93.8% | ||
| ROIC | 7.99% |
ROA(3y)2.86%
ROA(5y)3.16%
ROE(3y)44.57%
ROE(5y)45.11%
ROIC(3y)4.97%
ROIC(5y)4.94%
1.3 Margins
With a decent Profit Margin value of 24.48%, 1AMT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
In the last couple of years the Profit Margin of 1AMT has declined.
The Operating Margin of 1AMT (44.39%) is better than 66.67% of its industry peers.
In the last couple of years the Operating Margin of 1AMT has grown nicely.
1AMT has a better Gross Margin (74.06%) than 100.00% of its industry peers.
In the last couple of years the Gross Margin of 1AMT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 44.39% | ||
| PM (TTM) | 24.48% | ||
| GM | 74.06% |
OM growth 3Y6.23%
OM growth 5Y3.81%
PM growth 3Y-6.73%
PM growth 5Y-2.22%
GM growth 3Y1.49%
GM growth 5Y1.06%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) just above the Cost of Capital (WACC), 1AMT is creating some value.
The number of shares outstanding for 1AMT has been increased compared to 1 year ago.
Compared to 5 years ago, 1AMT has more shares outstanding
Compared to 1 year ago, 1AMT has a worse debt to assets ratio.
2.2 Solvency
Based on the Altman-Z score of 1.40, we must say that 1AMT is in the distress zone and has some risk of bankruptcy.
With a decent Altman-Z score value of 1.40, 1AMT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
1AMT has a debt to FCF ratio of 9.86. This is a negative value and a sign of low solvency as 1AMT would need 9.86 years to pay back of all of its debts.
With a decent Debt to FCF ratio value of 9.86, 1AMT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
1AMT has a Debt/Equity ratio of 9.70. This is a high value indicating a heavy dependency on external financing.
With a decent Debt to Equity ratio value of 9.70, 1AMT is doing good in the industry, outperforming 66.67% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.7 | ||
| Debt/FCF | 9.86 | ||
| Altman-Z | 1.4 |
ROIC/WACC1.06
WACC7.52%
2.3 Liquidity
A Current Ratio of 0.45 indicates that 1AMT may have some problems paying its short term obligations.
The Current ratio of 1AMT (0.45) is better than 66.67% of its industry peers.
A Quick Ratio of 0.45 indicates that 1AMT may have some problems paying its short term obligations.
The Quick ratio of 1AMT (0.45) is better than 66.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.45 | ||
| Quick Ratio | 0.45 |
3. Growth
3.1 Past
The Earnings Per Share has grown by an impressive 132.39% over the past year.
Measured over the past years, 1AMT shows a quite strong growth in Earnings Per Share. The EPS has been growing by 11.80% on average per year.
Looking at the last year, 1AMT shows a quite strong growth in Revenue. The Revenue has grown by 16.31% in the last year.
The Revenue has been growing slightly by 5.97% on average over the past years.
EPS 1Y (TTM)132.39%
EPS 3Y9.23%
EPS 5Y11.8%
EPS Q2Q%1355.56%
Revenue 1Y (TTM)16.31%
Revenue growth 3Y2.67%
Revenue growth 5Y5.97%
Sales Q2Q%-8.58%
3.2 Future
Based on estimates for the next years, 1AMT will show a small growth in Earnings Per Share. The EPS will grow by 4.55% on average per year.
The Revenue is expected to grow by 4.70% on average over the next years.
EPS Next Y-12.14%
EPS Next 2Y-1.14%
EPS Next 3Y1.52%
EPS Next 5Y4.55%
Revenue Next Year-2.53%
Revenue Next 2Y1.21%
Revenue Next 3Y2.34%
Revenue Next 5Y4.7%
3.3 Evolution
The EPS growth rate is decreasing: in the next years the growth will be less than in the last years.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is decreasing.
4. Valuation
4.1 Price/Earnings Ratio
1AMT is valuated quite expensively with a Price/Earnings ratio of 29.21.
66.67% of the companies in the same industry are more expensive than 1AMT, based on the Price/Earnings ratio.
Compared to an average S&P500 Price/Earnings ratio of 26.20, 1AMT is valued at the same level.
With a Price/Forward Earnings ratio of 33.25, 1AMT can be considered very expensive at the moment.
Based on the Price/Forward Earnings ratio, 1AMT is valued a bit cheaper than 66.67% of the companies in the same industry.
Compared to an average S&P500 Price/Forward Earnings ratio of 22.13, 1AMT is valued quite expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.21 | ||
| Fwd PE | 33.25 |
4.2 Price Multiples
Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1AMT indicates a rather cheap valuation: 1AMT is cheaper than 100.00% of the companies listed in the same industry.
Based on the Price/Free Cash Flow ratio, 1AMT is valued a bit cheaper than the industry average as 66.67% of the companies are valued more expensively.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 27.31 | ||
| EV/EBITDA | 17.21 |
4.3 Compensation for Growth
The excellent profitability rating of 1AMT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)2.47
EPS Next 2Y-1.14%
EPS Next 3Y1.52%
5. Dividend
5.1 Amount
1AMT has a Yearly Dividend Yield of 2.95%. Purely for dividend investing, there may be better candidates out there.
1AMT's Dividend Yield is rather good when compared to the industry average which is at 2.65. 1AMT pays more dividend than 100.00% of the companies in the same industry.
1AMT's Dividend Yield is a higher than the S&P500 average which is at 2.40.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
5.2 History
The dividend of 1AMT is nicely growing with an annual growth rate of 12.68%!
Dividend Growth(5Y)12.68%
Div Incr YearsN/A
Div Non Decr YearsN/A
5.3 Sustainability
1AMT pays out 96.93% of its income as dividend. This is not a sustainable payout ratio.
The dividend of 1AMT is growing, but the earnings are growing slower. This means the dividend growth is not sustainable.
DP96.93%
EPS Next 2Y-1.14%
EPS Next 3Y1.52%
BIT:1AMT (5/19/2025, 7:00:00 PM)
190.76
+6.1 (+3.3%)
Chartmill FA Rating
GICS SectorReal Estate
GICS IndustryGroupEquity Real Estate Investment Trusts (REITs)
GICS IndustrySpecialized REITs
Earnings (Last)
Earnings (Next)
Inst Owners94.56%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap89.30B
Analysts81.43
Price Target219.93 (15.29%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.95% |
Yearly Dividend5.8
Dividend Growth(5Y)12.68%
DP96.93%
Div Incr YearsN/A
Div Non Decr YearsN/A
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.54%
Min EPS beat(2)-44.01%
Max EPS beat(2)49.1%
EPS beat(4)3
Avg EPS beat(4)8.71%
Min EPS beat(4)-44.01%
Max EPS beat(4)49.1%
EPS beat(8)4
Avg EPS beat(8)-9.82%
EPS beat(12)7
Avg EPS beat(12)-10.09%
EPS beat(16)10
Avg EPS beat(16)-4.05%
Revenue beat(2)0
Avg Revenue beat(2)-4.88%
Min Revenue beat(2)-9.43%
Max Revenue beat(2)-0.33%
Revenue beat(4)2
Avg Revenue beat(4)17%
Min Revenue beat(4)-9.43%
Max Revenue beat(4)77.39%
Revenue beat(8)6
Avg Revenue beat(8)8.78%
Revenue beat(12)8
Avg Revenue beat(12)5.93%
Revenue beat(16)11
Avg Revenue beat(16)4.63%
PT rev (1m)N/A
PT rev (3m)N/A
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)N/A
EPS NY rev (3m)N/A
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)N/A
Revenue NY rev (3m)N/A
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 29.21 | ||
| Fwd PE | 33.25 | ||
| P/S | 7.8 | ||
| P/FCF | 27.31 | ||
| P/OCF | 19.1 | ||
| P/B | 29.88 | ||
| P/tB | N/A | ||
| EV/EBITDA | 17.21 |
EPS(TTM)6.53
EY3.42%
EPS(NY)5.74
Fwd EY3.01%
FCF(TTM)6.99
FCFY3.66%
OCF(TTM)9.99
OCFY5.24%
SpS24.47
BVpS6.38
TBVpS-43.15
PEG (NY)N/A
PEG (5Y)2.47
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 5.19% | ||
| ROE | 93.8% | ||
| ROCE | 10.65% | ||
| ROIC | 7.99% | ||
| ROICexc | 8.3% | ||
| ROICexgc | 16.75% | ||
| OM | 44.39% | ||
| PM (TTM) | 24.48% | ||
| GM | 74.06% | ||
| FCFM | 28.55% |
ROA(3y)2.86%
ROA(5y)3.16%
ROE(3y)44.57%
ROE(5y)45.11%
ROIC(3y)4.97%
ROIC(5y)4.94%
ROICexc(3y)5.15%
ROICexc(5y)5.12%
ROICexgc(3y)10.69%
ROICexgc(5y)10.84%
ROCE(3y)6.62%
ROCE(5y)6.59%
ROICexcg growth 3Y7.69%
ROICexcg growth 5Y1.6%
ROICexc growth 3Y13.67%
ROICexc growth 5Y2.09%
OM growth 3Y6.23%
OM growth 5Y3.81%
PM growth 3Y-6.73%
PM growth 5Y-2.22%
GM growth 3Y1.49%
GM growth 5Y1.06%
F-Score7
Asset Turnover0.21
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 9.7 | ||
| Debt/FCF | 9.86 | ||
| Debt/EBITDA | 4.16 | ||
| Cap/Depr | 74.83% | ||
| Cap/Sales | 12.27% | ||
| Interest Coverage | 4.04 | ||
| Cash Conversion | 67.16% | ||
| Profit Quality | 116.65% | ||
| Current Ratio | 0.45 | ||
| Quick Ratio | 0.45 | ||
| Altman-Z | 1.4 |
F-Score7
WACC7.52%
ROIC/WACC1.06
Cap/Depr(3y)62.98%
Cap/Depr(5y)60.55%
Cap/Sales(3y)17.05%
Cap/Sales(5y)15.74%
Profit Quality(3y)154.82%
Profit Quality(5y)153.41%
High Growth Momentum
Growth
EPS 1Y (TTM)132.39%
EPS 3Y9.23%
EPS 5Y11.8%
EPS Q2Q%1355.56%
EPS Next Y-12.14%
EPS Next 2Y-1.14%
EPS Next 3Y1.52%
EPS Next 5Y4.55%
Revenue 1Y (TTM)16.31%
Revenue growth 3Y2.67%
Revenue growth 5Y5.97%
Sales Q2Q%-8.58%
Revenue Next Year-2.53%
Revenue Next 2Y1.21%
Revenue Next 3Y2.34%
Revenue Next 5Y4.7%
EBIT growth 1Y66.23%
EBIT growth 3Y9.07%
EBIT growth 5Y10%
EBIT Next Year45.71%
EBIT Next 3Y17.08%
EBIT Next 5Y13.61%
FCF growth 1Y26.54%
FCF growth 3Y2.43%
FCF growth 5Y6.03%
OCF growth 1Y12.03%
OCF growth 3Y3.15%
OCF growth 5Y7.11%