Obermatt

AT&T

NYQ:T · US00206R1023
Diversified Telecommunication ServicesXX-Large

360

54
EV / EBIT69
Price / Owner Earnings65
Owner Earnings Yield73
Dividend Yield91
Price/Sales58
EV / Gross Profit73
Price/Book61
Return on Capital55
Cash Return on Capital51
Return on Equity70
EBIT Margin71
Gross Profitability43
Cash Conversion15
Accruals7
Owner Earnings Margin64
Sales growth47
Profit Growth96
Long-Term EPS Growth67
Owner Earnings Growth83
Reinvestment62
Price momentum25
Debt load47
Refinancing17
Debt Payback42
Liquidity65
Analyst ratings67
Opinion Changes50
Price Target Upside88
Market mood34
Value Creation12/20creating some value
  • Creates more value than its capital costs
  • Owner earnings growing
  • Owner earnings per share growing
  • Reinvests at strong returns
  • Solid earnings base

What this means

AT&T clears its cost of capital, but the record is mixed across the five tests. Real value creation, just not yet consistent.

Profile

CountryUSA
IndustryDiversified Telecommunication Services
SizeXX-Large
TypePublic Company
ExchangeNYSE
Founded1983
Employees119,391
Websiteatt.com
ISINUS00206R1023
Last UpdateApr 2, 2026
Themes
VoIPEnterprise Voip and TelephonySmart Cards5GNetwork BackboneCloud InfrastructureCommunications InfrastructureMobileTelecommunicationsWireless

Description

AT&T Inc. (‘AT&T’), a holding company, provides telecommunications and technology services globally. The services and products that the company offers vary by market, and utilize various technology platforms in a range of geographies. Segments The…

Analysis

Middle-of-the-road

AT&T Inc. is a middle-of-the-road business: neither the economics nor the price stand out from the peer group. One caution: reported profits have recently run ahead of actual cash, which we track closely.

The price is attractive. You pay 9.1× its owner earnings: the cash an owner could take out each year, which is in the historically attractive zone. At today's price, the market is assuming roughly -4% yearly growth; analysts expect 10%. The price, in other words, assumes less than the experts do.

The trajectory is moderate and the balance sheet is stretched. The company scores 12/20 on our value-creation score: creating some value.

What to watch: The financial cushion is thinner than comfortable. Reported profits have run ahead of actual cash for several periods. As always: this describes the company's numbers; it is not a recommendation.

360° rank · history

1007550250
90
2023202420252026

All-time high

100

Oct 2024

All-time low

45

Jan 2024

Average rank

81

across all years

Detailed & Historical Ranks

Deep dive into 15 detailed ranks and 3 years of history.

Current202520242023
Price/Sales
58
31
51
67
Price/Earnings
73
56
79
88
Price/Book
61
51
67
86
Dividend Yield
91
74
82
90
Value (overall)
93
51
79
100

Cells are coloured by rank band (red weak → green strong). Sentiment & 360° history begins 2023.

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Make Sense of the Ranks

Every rank runs 1–100 against true peers. Higher is always better.

360° View
1 · Watch OutGood· 100
Value
1 · ExpensiveGood Value· 100
Quality
1 · Weak FundamentalsHigh Quality· 100
Growth
1 · Tough TimesHigh Growth· 100
Safety
1 · High LeverageWell-Financed· 100
Sentiment
1 · SkepticismPositive· 100
Learn More →