Valuation AT&T Inc.

Equities

Market Closed - Nyse Other stock markets 04:00:55 2025-12-12 pm EST			5-day change	1st Jan Change
24.58 ^USD	+1.15%		-2.77%	+7.95%

Dec. 10	Morgan Stanley Adjusts Price Target on AT&T to $30 From $32, Maintains Overweight Rating	MT
Dec. 09	Servify Expands AT&T Device Protection Program with AT&T Business Protect Enterprise Offering	CI

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	204,916	175,669	131,193	119,977	163,381	174,259	-	-
Change	-	-14.27%	-25.32%	-8.55%	36.18%	6.66%	-	-
Enterprise Value (EV) ¹	352,421	331,854	263,382	250,586	283,465	290,104	302,133	299,912
Change	-	-5.84%	-20.63%	-4.86%	13.12%	2.34%	4.15%	-0.73%
P/E ratio	-38.3x	8.91x	-16.3x	8.52x	15.3x	8.45x	10.8x	10x
PBR	1.27x	1.06x	1.35x	1.16x	1.57x	1.54x	1.45x	1.36x
PEG	-	-0x	0x	-0x	-0.6x	0.1x	-0.5x	1.23x
Capitalization / Revenue	1.19x	1.04x	1.09x	0.98x	1.34x	1.39x	1.37x	1.35x
EV / Revenue	2.05x	1.97x	2.18x	2.05x	2.32x	2.32x	2.38x	2.32x
EV / EBITDA	6.46x	6.45x	6.35x	5.77x	6.33x	6.27x	6.32x	6.05x
EV / EBIT	55x	14.2x	-57.4x	10.7x	14.9x	11.8x	11.2x	10.4x
EV / FCF	12.8x	13x	16.3x	12.2x	16.1x	18.1x	16.6x	16.1x
FCF Yield	7.79%	7.66%	6.15%	8.17%	6.22%	5.54%	6.02%	6.22%
Dividend per Share ²	2.08	2.08	1.11	1.11	1.11	1.11	1.111	1.114
Rate of return	7.23%	8.46%	6.03%	6.62%	4.87%	4.52%	4.52%	4.53%
EPS ²	-0.75	2.76	-1.13	1.97	1.49	2.908	2.271	2.455
Distribution rate	-277%	75.4%	-98.2%	56.3%	74.5%	38.2%	48.9%	45.4%
Net sales ¹	171,760	168,864	120,741	122,428	122,336	125,040	126,999	129,444
EBITDA ¹	54,546	51,469	41,465	43,400	44,760	46,246	47,769	49,536
EBIT ¹	6,405	23,347	-4,587	23,461	19,049	24,643	27,082	28,833
Net income ¹	-5,400	19,900	-8,727	14,192	10,746	21,224	16,078	16,769
Net Debt ¹	147,505	156,185	132,189	130,609	120,084	115,845	127,874	125,654
Reference price ²	28.76	24.60	18.41	16.78	22.77	24.58	24.58	24.58
Nbr of stocks (in thousands)	7,125,045	7,141,000	7,126,188	7,150,020	7,175,289	7,089,449	-	-
Announcement Date	1/27/21	1/26/22	1/25/23	1/24/24	1/27/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
AT&T INC.	8.45x	2.32x	6.27x	4.52%	174B
T-MOBILE US, INC.	19.34x	3.41x	8.87x	1.84%	218B
SOFTBANK GROUP CORP.	29.23x	5.28x	24.36x	0.25%	164B
KDDI CORPORATION	13.91x	2.25x	7.29x	3%	65.6B
CHINA UNICOM (HONG KONG) LIMITED	10.85x	0.47x	1.87x	5.93%	33.81B
VODAFONE GROUP PLC	14.68x	1.27x	4.49x	4.41%	30.01B
ADVANCED INFO SERVICE	20.66x	4.91x	9.14x	4.44%	28.75B
TELENOR ASA	17.11x	3.5x	7.79x	6.71%	19.41B
VODACOM GROUP LIMITED	13.04x	1.83x	4.87x	5.42%	15.26B
Average	16.36x	2.80x	8.33x	4.06%	83.23B
Weighted average by Cap.	17.79x	3.27x	10.92x	2.8%