AT&T INC (1T.MI) Stock Fundamental Analysis

Europe • Euronext Milan • BIT:1T • US00206R1023

20.165 EUR
-0.28 (-1.35%)
Last: Jan 19, 2026, 07:00 PM
Fundamental Rating

5

Overall 1T gets a fundamental rating of 5 out of 10. We evaluated 1T against 31 industry peers in the Diversified Telecommunication Services industry. While 1T is still in line with the averages on profitability rating, there are concerns on its financial health. 1T has a valuation in line with the averages, but on the other hand it scores bad on growth.


Dividend Valuation Growth Profitability Health

6

1. Profitability

1.1 Basic Checks

  • 1T had positive earnings in the past year.
  • 1T had a positive operating cash flow in the past year.
  • 1T had positive earnings in 4 of the past 5 years.
  • Each year in the past 5 years 1T had a positive operating cash flow.
1T.MI Yearly Net Income VS EBIT VS OCF VS FCF1T.MI Yearly Net Income VS EBIT VS OCF VS FCFYearly Net Income VS EBIT VS OCF VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B 30B 40B

1.2 Ratios

  • 1T has a Return On Assets of 5.21%. This is in the better half of the industry: 1T outperforms 77.14% of its industry peers.
  • 1T has a better Return On Equity (19.80%) than 80.00% of its industry peers.
  • 1T has a worse Return On Invested Capital (5.45%) than 60.00% of its industry peers.
  • 1T had an Average Return On Invested Capital over the past 3 years of 5.52%. This is below the industry average of 8.68%.
Industry RankSector Rank
ROA 5.21%
ROE 19.8%
ROIC 5.45%
ROA(3y)3.81%
ROA(5y)2.57%
ROE(3y)14.61%
ROE(5y)9.37%
ROIC(3y)5.52%
ROIC(5y)5.3%
1T.MI Yearly ROA, ROE, ROIC1T.MI Yearly ROA, ROE, ROICYearly ROA, ROE, ROIC 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 5 -5 10 15 20

1.3 Margins

  • 1T has a Profit Margin of 17.42%. This is amongst the best in the industry. 1T outperforms 91.43% of its industry peers.
  • 1T has a better Operating Margin (19.89%) than 68.57% of its industry peers.
  • 1T's Operating Margin has improved in the last couple of years.
  • 1T's Gross Margin of 59.55% is in line compared to the rest of the industry. 1T outperforms 54.29% of its industry peers.
  • 1T's Gross Margin has improved in the last couple of years.
Industry RankSector Rank
OM 19.89%
PM (TTM) 17.42%
GM 59.55%
OM growth 3Y1.56%
OM growth 5Y4.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.95%
GM growth 5Y1.94%
1T.MI Yearly Profit, Operating, Gross Margins1T.MI Yearly Profit, Operating, Gross MarginsYearly Profit, Operating, Gross Margins 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 20 40

More info and screens

3

2. Health

2.1 Basic Checks

  • 1T has a Return on Invested Capital (ROIC), which is below the Cost of Capital (WACC), which means it is destroying value.
  • Compared to 1 year ago, 1T has less shares outstanding
  • 1T has less shares outstanding than it did 5 years ago.
  • 1T has a worse debt/assets ratio than last year.
1T.MI Yearly Shares Outstanding1T.MI Yearly Shares OutstandingYearly Shares Outstanding 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2B 4B 6B
1T.MI Yearly Total Debt VS Total Assets1T.MI Yearly Total Debt VS Total AssetsYearly Total Debt VS Total Assets 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100B 200B 300B 400B 500B

2.2 Solvency

  • Based on the Altman-Z score of 0.86, we must say that 1T is in the distress zone and has some risk of bankruptcy.
  • 1T's Altman-Z score of 0.86 is on the low side compared to the rest of the industry. 1T is outperformed by 71.43% of its industry peers.
  • The Debt to FCF ratio of 1T is 7.00, which is on the high side as it means it would take 1T, 7.00 years of fcf income to pay off all of its debts.
  • 1T's Debt to FCF ratio of 7.00 is fine compared to the rest of the industry. 1T outperforms 65.71% of its industry peers.
  • A Debt/Equity ratio of 1.15 is on the high side and indicates that 1T has dependencies on debt financing.
  • 1T's Debt to Equity ratio of 1.15 is in line compared to the rest of the industry. 1T outperforms 54.29% of its industry peers.
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 7
Altman-Z 0.86
ROIC/WACC0.82
WACC6.64%
1T.MI Yearly LT Debt VS Equity VS FCF1T.MI Yearly LT Debt VS Equity VS FCFYearly LT Debt VS Equity VS FCF 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

2.3 Liquidity

  • A Current Ratio of 0.91 indicates that 1T may have some problems paying its short term obligations.
  • With a decent Current ratio value of 0.91, 1T is doing good in the industry, outperforming 74.29% of the companies in the same industry.
  • A Quick Ratio of 0.86 indicates that 1T may have some problems paying its short term obligations.
  • With a decent Quick ratio value of 0.86, 1T is doing good in the industry, outperforming 71.43% of the companies in the same industry.
Industry RankSector Rank
Current Ratio 0.91
Quick Ratio 0.86
1T.MI Yearly Current Assets VS Current Liabilites1T.MI Yearly Current Assets VS Current LiabilitesYearly Current Assets VS Current Liabilites 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 50B 100B 150B

More info and screens

3

3. Growth

3.1 Past

  • The earnings per share for 1T have decreased by -6.64% in the last year.
  • 1T shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.88% yearly.
  • Looking at the last year, 1T shows a small growth in Revenue. The Revenue has grown by 2.71% in the last year.
  • Measured over the past years, 1T shows a decrease in Revenue. The Revenue has been decreasing by -2.56% on average per year.
EPS 1Y (TTM)-6.64%
EPS 3Y-8%
EPS 5Y-7.88%
EPS Q2Q%-3.7%
Revenue 1Y (TTM)2.71%
Revenue growth 3Y1.34%
Revenue growth 5Y-2.56%
Sales Q2Q%3.62%

3.2 Future

  • 1T is expected to show quite a strong growth in Earnings Per Share. In the coming years, the EPS will grow by 8.87% yearly.
  • Based on estimates for the next years, 1T will show a small growth in Revenue. The Revenue will grow by 2.41% on average per year.
EPS Next Y7%
EPS Next 2Y8.76%
EPS Next 3Y8.81%
EPS Next 5Y8.87%
Revenue Next Year1.49%
Revenue Next 2Y1.65%
Revenue Next 3Y1.9%
Revenue Next 5Y2.41%

3.3 Evolution

  • The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
  • The Revenue growth rate is accelerating: in the next years the growth will be better than in the last years.
1T.MI Yearly Revenue VS Estimates1T.MI Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 50B 100B 150B
1T.MI Yearly EPS VS Estimates1T.MI Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2017 2019 2021 2023 2025 2027 2029 2031 2033 1 2 3

More info and screens

6

4. Valuation

4.1 Price/Earnings Ratio

  • 1T is valuated reasonably with a Price/Earnings ratio of 11.39.
  • Based on the Price/Earnings ratio, 1T is valued a bit cheaper than 80.00% of the companies in the same industry.
  • Compared to an average S&P500 Price/Earnings ratio of 28.18, 1T is valued rather cheaply.
  • 1T is valuated reasonably with a Price/Forward Earnings ratio of 10.65.
  • 1T's Price/Forward Earnings ratio is a bit cheaper when compared to the industry. 1T is cheaper than 74.29% of the companies in the same industry.
  • 1T is valuated cheaply when we compare the Price/Forward Earnings ratio to 25.51, which is the current average of the S&P500 Index.
Industry RankSector Rank
PE 11.39
Fwd PE 10.65
1T.MI Price Earnings VS Forward Price Earnings1T.MI Price Earnings VS Forward Price Earnings ChartPrice Earnings - Forward Price Earnings PE FPE 10 20 30

4.2 Price Multiples

  • Compared to the rest of the industry, the Enterprise Value to EBITDA ratio of 1T indicates a somewhat cheap valuation: 1T is cheaper than 62.86% of the companies listed in the same industry.
  • Based on the Price/Free Cash Flow ratio, 1T is valued a bit cheaper than the industry average as 80.00% of the companies are valued more expensively.
Industry RankSector Rank
P/FCF 8.76
EV/EBITDA 6.28
1T.MI Per share data1T.MI EPS, Sales, OCF, FCF, BookValue per sharePer Share Data Per Share 0 5 -5 10 -10

4.3 Compensation for Growth

  • 1T's PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates a correct valuation of the company.
  • The decent profitability rating of 1T may justify a higher PE ratio.
PEG (NY)1.63
PEG (5Y)N/A
EPS Next 2Y8.76%
EPS Next 3Y8.81%

More info and screens

6

5. Dividend

5.1 Amount

  • 1T has a Yearly Dividend Yield of 4.42%, which is a nice return.
  • 1T's Dividend Yield is comparable with the industry average which is at 3.09.
  • Compared to an average S&P500 Dividend Yield of 1.83, 1T pays a better dividend.
Industry RankSector Rank
Dividend Yield 4.42%

5.2 History

  • The dividend of 1T decreases each year by -11.16%.
Dividend Growth(5Y)-11.16%
Div Incr Years0
Div Non Decr Years0

5.3 Sustainability

  • 37.37% of the earnings are spent on dividend by 1T. This is a low number and sustainable payout ratio.
DP37.37%
EPS Next 2Y8.76%
EPS Next 3Y8.81%
1T.MI Yearly Income VS Free CF VS Dividend1T.MI Yearly Income VS Free CF VS DividendYearly Income VS Free CF VS Dividend 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 10B 20B
1T.MI Dividend Payout.1T.MI Dividend Payout, showing the Payout Ratio.1T.MI Dividend Payout.PayoutRetained Earnings

More info and screens

AT&T INC

BIT:1T (1/19/2026, 7:00:00 PM)

20.165

-0.28 (-1.35%)

Chartmill FA Rating
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)01-28
Earnings (Next)04-21
Inst Owners67.23%
Inst Owner ChangeN/A
Ins Owners0.06%
Ins Owner ChangeN/A
Market Cap142.96B
Revenue(TTM)125.65B
Net Income(TTM)21.89B
Analysts77.58
Price Target25.32 (25.56%)
Short Float %N/A
Short RatioN/A
Dividend
Industry RankSector Rank
Dividend Yield 4.42%
Yearly Dividend0.97
Dividend Growth(5Y)-11.16%
DP37.37%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)4.61%
Min EPS beat(2)-0.97%
Max EPS beat(2)10.19%
EPS beat(4)3
Avg EPS beat(4)3.7%
Min EPS beat(4)-0.97%
Max EPS beat(4)10.19%
EPS beat(8)6
Avg EPS beat(8)2.81%
EPS beat(12)9
Avg EPS beat(12)1.82%
EPS beat(16)12
Avg EPS beat(16)2.31%
Revenue beat(2)0
Avg Revenue beat(2)-1.32%
Min Revenue beat(2)-2.47%
Max Revenue beat(2)-0.18%
Revenue beat(4)0
Avg Revenue beat(4)-1.14%
Min Revenue beat(4)-2.47%
Max Revenue beat(4)-0.18%
Revenue beat(8)0
Avg Revenue beat(8)-1.8%
Revenue beat(12)0
Avg Revenue beat(12)-1.71%
Revenue beat(16)0
Avg Revenue beat(16)-3.08%
PT rev (1m)-1.6%
PT rev (3m)-1.07%
EPS NQ rev (1m)0%
EPS NQ rev (3m)-1.31%
EPS NY rev (1m)-0.79%
EPS NY rev (3m)-0.4%
Revenue NQ rev (1m)-0.15%
Revenue NQ rev (3m)-0.29%
Revenue NY rev (1m)0.09%
Revenue NY rev (3m)0.11%
Valuation
Industry RankSector Rank
PE 11.39
Fwd PE 10.65
P/S 1.36
P/FCF 8.76
P/OCF 4.23
P/B 1.54
P/tB N/A
EV/EBITDA 6.28
EPS(TTM)1.77
EY8.78%
EPS(NY)1.89
Fwd EY9.39%
FCF(TTM)2.3
FCFY11.41%
OCF(TTM)4.77
OCFY23.64%
SpS14.87
BVpS13.08
TBVpS-10.21
PEG (NY)1.63
PEG (5Y)N/A
Graham Number22.82
Profitability
Industry RankSector Rank
ROA 5.21%
ROE 19.8%
ROCE 6.82%
ROIC 5.45%
ROICexc 5.74%
ROICexgc 13.21%
OM 19.89%
PM (TTM) 17.42%
GM 59.55%
FCFM 15.47%
ROA(3y)3.81%
ROA(5y)2.57%
ROE(3y)14.61%
ROE(5y)9.37%
ROIC(3y)5.52%
ROIC(5y)5.3%
ROICexc(3y)5.67%
ROICexc(5y)5.45%
ROICexgc(3y)13.14%
ROICexgc(5y)12.35%
ROCE(3y)6.9%
ROCE(5y)6.63%
ROICexgc growth 3Y1.61%
ROICexgc growth 5Y4.08%
ROICexc growth 3Y2.4%
ROICexc growth 5Y7.04%
OM growth 3Y1.56%
OM growth 5Y4.24%
PM growth 3YN/A
PM growth 5YN/A
GM growth 3Y0.95%
GM growth 5Y1.94%
F-Score6
Asset Turnover0.3
Health
Industry RankSector Rank
Debt/Equity 1.15
Debt/FCF 7
Debt/EBITDA 2.77
Cap/Depr 99.79%
Cap/Sales 16.59%
Interest Coverage 3.77
Cash Conversion 87.81%
Profit Quality 88.82%
Current Ratio 0.91
Quick Ratio 0.86
Altman-Z 0.86
F-Score6
WACC6.64%
ROIC/WACC0.82
Cap/Depr(3y)97.78%
Cap/Depr(5y)97.86%
Cap/Sales(3y)15.91%
Cap/Sales(5y)15.12%
Profit Quality(3y)135.07%
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)-6.64%
EPS 3Y-8%
EPS 5Y-7.88%
EPS Q2Q%-3.7%
EPS Next Y7%
EPS Next 2Y8.76%
EPS Next 3Y8.81%
EPS Next 5Y8.87%
Revenue 1Y (TTM)2.71%
Revenue growth 3Y1.34%
Revenue growth 5Y-2.56%
Sales Q2Q%3.62%
Revenue Next Year1.49%
Revenue Next 2Y1.65%
Revenue Next 3Y1.9%
Revenue Next 5Y2.41%
EBIT growth 1Y3.53%
EBIT growth 3Y2.92%
EBIT growth 5Y1.57%
EBIT Next Year91.38%
EBIT Next 3Y26.97%
EBIT Next 5Y16.91%
FCF growth 1Y5.05%
FCF growth 3Y16.18%
FCF growth 5Y-7.32%
OCF growth 1Y3.9%
OCF growth 3Y7.95%
OCF growth 5Y-1.36%

AT&T INC / 1T.MI FAQ

What is the ChartMill fundamental rating of AT&T INC (1T.MI) stock?

ChartMill assigns a fundamental rating of 5 / 10 to 1T.MI.


What is the valuation status for 1T stock?

ChartMill assigns a valuation rating of 6 / 10 to AT&T INC (1T.MI). This can be considered as Fairly Valued.


How profitable is AT&T INC (1T.MI) stock?

AT&T INC (1T.MI) has a profitability rating of 6 / 10.


What is the valuation of AT&T INC based on its PE and PB ratios?

The Price/Earnings (PE) ratio for AT&T INC (1T.MI) is 11.39 and the Price/Book (PB) ratio is 1.54.


How financially healthy is AT&T INC?

The financial health rating of AT&T INC (1T.MI) is 4 / 10.