American Tower CorpFind Ratings Reports
AMERICAN TOWER CORP's gross profit margin for the first quarter of its fiscal year 2017 is essentially unchanged when compared to the same period a year ago. The company managed to grow both sales and net income at a faster pace than the average competitor in its industry this quarter as compared to the same quarter a year ago. AMERICAN TOWER CORP has very weak liquidity. Currently, the Quick Ratio is 0.42 which clearly shows a lack of ability to cover short-term cash needs. The company's liquidity has decreased from the same period last year.
During the same period, stockholders' equity ("net worth") has remained virtually unchanged only decreasing by 1.16% from the same quarter last year. The key liquidity measurements indicate that the company is in a position in which financial difficulties could develop in the near future.
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|Income Statement||Q1 FY17||Q1 FY16|
|Net Sales ($mil)||1616.24||1289.05|
|Net Income ($mil)||316.08||275.16|
|Balance Sheet||Q1 FY17||Q1 FY16|
|Cash & Equiv. ($mil)||863.55||477.27|
|Total Assets ($mil)||32057.39||27064.32|
|Total Debt ($mil)||18890.08||17022.1|
|Profitability||Q1 FY17||Q1 FY16|
|Gross Profit Margin||69.77||72.38|
|Return on Assets||3.11||2.83|
|Return on Equity||12.99||9.51|
|Debt||Q1 FY17||Q1 FY16|
|Share Data||Q1 FY17||Q1 FY16|
|Shares outstanding (mil)||426.25||424.56|
|Div / share||0.0||0.0|
|Book value / share||16.08||16.33|
|Institutional Own %||n/a||n/a|
|Avg Daily Volume||2321844.0||2246101.0|
BUY. AMERICAN TOWER CORP's P/E ratio indicates a significant premium compared to an average of 51.52 for the Equity Real Estate Investment Trusts REITs industry and a significant premium compared to the S&P 500 average of 25.02. For additional comparison, its price-to-book ratio of 7.96 indicates a significant premium versus the S&P 500 average of 3.00 and a significant premium versus the industry average of 3.57. The price-to-sales ratio is well above both the S&P 500 average and the industry average, indicating a premium. Upon assessment of these and other key valuation criteria, AMERICAN TOWER CORP proves to trade at a premium to investment alternatives within the industry.
|AMT 62.13||Peers 51.52||AMT 19.38||Peers 18.90|
Premium. A higher P/E ratio than its peers can signify a more expensive stock or higher growth expectations.
AMT is trading at a premium to its peers.
Average. The P/CF ratio, a stock’s price divided by the company's cash flow from operations, is useful for comparing companies with different capital requirements or financing structures.
AMT is trading at a valuation on par to its peers.
|AMT 34.87||Peers 62.39||AMT 1.22||Peers 4.87|
Discount. A lower price-to-projected earnings ratio than its peers can signify a less expensive stock or lower future growth expectations.
AMT is trading at a significant discount to its peers.
Discount. The PEG ratio is the stock’s P/E divided by the consensus estimate of long-term earnings growth. Faster growth can justify higher price multiples.
AMT trades at a significant discount to its peers.
|AMT 7.96||Peers 3.57||AMT 33.76||Peers 33.31|
Premium. A higher price-to-book ratio makes a stock less attractive to investors seeking stocks with lower market values per dollar of equity on the balance sheet.
AMT is trading at a significant premium to its peers.
Average. Elevated earnings growth rates can lead to capital appreciation and justify higher price-to-earnings ratios.
AMT is expected to keep pace with its peers on the basis of earnings growth.
|AMT 8.92||Peers 7.95||AMT 22.71||Peers 9.98|
Premium. In the absence of P/E and P/B multiples, the price-to-sales ratio can display the value investors are placing on each dollar of sales.
AMT is trading at a premium to its industry on this measurement.
Higher. A sales growth rate that exceeds the industry implies that a company is gaining market share.
AMT has a sales growth rate that significantly exceeds its peers.