Intrinsic value of American Tower Corporation (AMT)

[per Chepakovich valuation model]

other valuations of AMT

[per Chepakovich valuation model]  See other valuations of AMT stock

Previous Close$285.26
Intrinsic Value
Upside potential
Previous Close
$285.26

VALUATION INPUT DATA

Revenue, mln $
Initial revenue growth rate (norm.), %
Variable cost ratio, %
Fixed operating expenses, mln $
Production assets / Revenue, %
Working capital / Revenue, %
Interest rate on debt, %
Life of production assets, yrs
Initial discount rate, %
Shares outstanding, mln
Adjusted equity ratio
Adjusted assets / Revenue
Based on fiscal year data as of 2020-12-31 and quarterly data as of 2021-03-31.
NOTE: The bar chart shows historic and forecasted yearly revenue growth rates. Its purpose is to help you in determining what initial revenue rate you want to base your stock valuation on. Please make sure that you are confident in the value you select - for most stocks it is by far the most important parameter in valuation.
  1. Annual
  2. Quarterly YoY
  3. Quarterly QoQ

Annual revenue growth rates, % (past and forecasted)

show cash flow forecast

FINANCIAL STATEMENTS FORECAST and PRESENT VALUE CALCULATION

Fiscal year2020(a)2021202220232024202520262027202820292030203120322033203420352036203720382039204020412042204320442045

INCOME STATEMENT

Revenue growth rate, %6.1NaN
Revenue, $8042NaN
Variable operating expenses, $mNaN
Fixed operating expenses, $mNaN
Total operating expenses, $m5154NaN
Operating income, $m2888NaN
EBITDA, $m4803NaN
Interest expense (income), $mNaN
Earnings before tax, $m1820NaN
Tax expense, $m130NaN
Net income, $m1691NaN

BALANCE SHEET

Cash and short-term investments, $m1861NaN
Total assets, $m47234NaN
Adjusted assets (=assets-cash), $m45372NaN
Average production assets, $m32256NaN
Working capital, $m593NaN
Total debt, $m29288NaN
Total liabilities, $m42665NaN
Total equity, $m4568NaN
Debt-to-equity ratio6.411NaN
Adjusted equity ratio0.077NaN

CASH FLOW

Net income, $m1691NaN
Depreciation, amort., depletion, $m1915NaN
Funds from operations, $mNaN
Change in working capital, $mNaN
Cash from operations, $m3881NaN
Maintenance CAPEX, $mNaN
New CAPEX, $mNaN
Total CAPEX, $m-1032NaN
Free cash flow, $m4913NaN
Issuance/(repurchase) of shares, $mNaN
Retained Cash Flow, $mNaN
Pot'l extraordinary dividend, $m593
Cash available for distribution, $mNaN
Discount rate, %NaN
PV of cash for distribution, $mNaN
Current shareholders' claim on cash, %NaN