American Tower Corp Stock Beta

AMT Stock

USD 210.93 0.00 0.00%

American Tower Corp fundamentals help investors to digest information that contributes to American Tower's financial success or failures. It also enables traders to predict the movement of American Stock. The fundamental analysis module provides a way to measure American Tower's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to American Tower stock.

Short Long Term Debt Total Total Assets

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American Tower Corp Company Beta Analysis

American Tower's Beta is one of the most important measures of equity market volatility. Beta can be thought of as asset elasticity or sensitivity to market. In other words, it is a number that shows the relationship of an equity instrument to the financial market in which this instrument is traded. For example, if Beta of equity is 2, it is expected to significantly outperform market when the market is going up and significantly underperform when the market is going down. Similarly, Beta of 1 indicates that an asset and market will generate similar returns over time.

Beta

Covariance

Variance

More About Beta | All Equity Analysis

Current American Tower Beta

0.86

Most of American Tower's fundamental indicators, such as Beta, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, American Tower Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

American Beta Driver Correlations

Understanding the fundamental principles of building solid financial models for American Tower is extremely important. It helps to project a fair market value of American Stock properly, considering its historical fundamentals such as Beta. Since American Tower's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of American Tower's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of American Tower's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Long Term Debt	Treasury Stock	Property Plant Equipment	Total Permanent Equity	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Long Term Investments	Short Long Term Debt	Cash And Equivalents	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.36	0.7	1.0	-0.69	0.75	0.86	0.99	1.0	0.98	0.91	0.96	0.66	0.99	-0.88	0.97	0.75	0.09	0.93	0.81	-0.85	0.79	0.9	0.9	-0.88	0.66
Total Stockholder Equity	0.36		0.33	0.3	0.01	0.25	0.35	0.28	0.31	0.35	0.16	0.54	0.67	0.36	-0.3	0.18	0.26	-0.34	0.31	0.24	-0.44	0.05	0.03	0.05	-0.12	-0.14
Current Deferred Revenue	0.7	0.33		0.72	-0.12	0.64	0.79	0.69	0.71	0.69	0.66	0.77	0.45	0.72	-0.59	0.58	0.44	-0.54	0.75	0.48	-0.55	0.67	0.6	0.74	-0.69	0.2
Net Debt	1.0	0.3	0.72		-0.68	0.75	0.86	0.98	1.0	0.97	0.91	0.95	0.63	0.99	-0.87	0.97	0.73	0.09	0.94	0.79	-0.83	0.8	0.92	0.92	-0.89	0.66
Retained Earnings	-0.69	0.01	-0.12	-0.68		-0.6	-0.37	-0.74	-0.68	-0.65	-0.63	-0.51	-0.5	-0.68	0.52	-0.8	-0.48	-0.56	-0.6	-0.61	0.51	-0.5	-0.69	-0.63	0.61	-0.9
Accounts Payable	0.75	0.25	0.64	0.75	-0.6		0.72	0.79	0.75	0.75	0.69	0.69	0.71	0.74	-0.58	0.69	0.39	-0.04	0.78	0.54	-0.53	0.7	0.71	0.75	-0.7	0.51
Net Receivables	0.86	0.35	0.79	0.86	-0.37	0.72		0.84	0.86	0.89	0.77	0.88	0.56	0.86	-0.82	0.74	0.64	-0.04	0.89	0.76	-0.77	0.75	0.81	0.83	-0.74	0.32
Good Will	0.99	0.28	0.69	0.98	-0.74	0.79	0.84		0.98	0.95	0.92	0.92	0.63	0.98	-0.82	0.97	0.7	0.12	0.92	0.79	-0.78	0.82	0.89	0.94	-0.91	0.71
Total Liab	1.0	0.31	0.71	1.0	-0.68	0.75	0.86	0.98		0.98	0.91	0.95	0.64	0.99	-0.88	0.97	0.74	0.09	0.94	0.8	-0.85	0.8	0.92	0.91	-0.89	0.66
Total Current Assets	0.98	0.35	0.69	0.97	-0.65	0.75	0.89	0.95	0.98		0.91	0.95	0.66	0.97	-0.94	0.93	0.81	0.08	0.91	0.81	-0.9	0.8	0.9	0.86	-0.86	0.6
Short Term Debt	0.91	0.16	0.66	0.91	-0.63	0.69	0.77	0.92	0.91	0.91		0.84	0.48	0.88	-0.85	0.91	0.71	0.03	0.83	0.77	-0.78	0.95	0.89	0.89	-0.98	0.65
Intangible Assets	0.96	0.54	0.77	0.95	-0.51	0.69	0.88	0.92	0.95	0.95	0.84		0.69	0.97	-0.87	0.87	0.75	-0.1	0.92	0.78	-0.87	0.72	0.8	0.81	-0.8	0.49
Common Stock	0.66	0.67	0.45	0.63	-0.5	0.71	0.56	0.63	0.64	0.66	0.48	0.69		0.66	-0.57	0.56	0.35	-0.03	0.67	0.44	-0.58	0.41	0.53	0.41	-0.43	0.38
Long Term Debt	0.99	0.36	0.72	0.99	-0.68	0.74	0.86	0.98	0.99	0.97	0.88	0.97	0.66		-0.86	0.95	0.73	0.08	0.94	0.8	-0.84	0.75	0.88	0.9	-0.85	0.65
Treasury Stock	-0.88	-0.3	-0.59	-0.87	0.52	-0.58	-0.82	-0.82	-0.88	-0.94	-0.85	-0.87	-0.57	-0.86		-0.83	-0.84	-0.05	-0.82	-0.76	0.96	-0.75	-0.84	-0.71	0.78	-0.5
Property Plant Equipment	0.97	0.18	0.58	0.97	-0.8	0.69	0.74	0.97	0.97	0.93	0.91	0.87	0.56	0.95	-0.83		0.74	0.23	0.89	0.81	-0.8	0.78	0.92	0.9	-0.89	0.8
Total Permanent Equity	0.75	0.26	0.44	0.73	-0.48	0.39	0.64	0.7	0.74	0.81	0.71	0.75	0.35	0.73	-0.84	0.74		0.08	0.69	0.79	-0.89	0.6	0.7	0.59	-0.66	0.51
Net Tangible Assets	0.09	-0.34	-0.54	0.09	-0.56	-0.04	-0.04	0.12	0.09	0.08	0.03	-0.1	-0.03	0.08	-0.05	0.23	0.08		0.04	0.22	-0.03	-0.05	0.24	0.1	0.02	0.45
Long Term Debt Total	0.93	0.31	0.75	0.94	-0.6	0.78	0.89	0.92	0.94	0.91	0.83	0.92	0.67	0.94	-0.82	0.89	0.69	0.04		0.87	-0.8	0.77	0.92	0.87	-0.81	0.65
Capital Surpluse	0.81	0.24	0.48	0.79	-0.61	0.54	0.76	0.79	0.8	0.81	0.77	0.78	0.44	0.8	-0.76	0.81	0.79	0.22	0.87		-0.81	0.71	0.85	0.74	-0.74	0.69
Long Term Investments	-0.85	-0.44	-0.55	-0.83	0.51	-0.53	-0.77	-0.78	-0.85	-0.9	-0.78	-0.87	-0.58	-0.84	0.96	-0.8	-0.89	-0.03	-0.8	-0.81		-0.66	-0.77	-0.64	0.71	-0.49
Short Long Term Debt	0.79	0.05	0.67	0.8	-0.5	0.7	0.75	0.82	0.8	0.8	0.95	0.72	0.41	0.75	-0.75	0.78	0.6	-0.05	0.77	0.71	-0.66		0.85	0.84	-0.96	0.57
Cash And Equivalents	0.9	0.03	0.6	0.92	-0.69	0.71	0.81	0.89	0.92	0.9	0.89	0.8	0.53	0.88	-0.84	0.92	0.7	0.24	0.92	0.85	-0.77	0.85		0.89	-0.87	0.74
Net Invested Capital	0.9	0.05	0.74	0.92	-0.63	0.75	0.83	0.94	0.91	0.86	0.89	0.81	0.41	0.9	-0.71	0.9	0.59	0.1	0.87	0.74	-0.64	0.84	0.89		-0.91	0.66
Net Working Capital	-0.88	-0.12	-0.69	-0.89	0.61	-0.7	-0.74	-0.91	-0.89	-0.86	-0.98	-0.8	-0.43	-0.85	0.78	-0.89	-0.66	0.02	-0.81	-0.74	0.71	-0.96	-0.87	-0.91		-0.65
Capital Stock	0.66	-0.14	0.2	0.66	-0.9	0.51	0.32	0.71	0.66	0.6	0.65	0.49	0.38	0.65	-0.5	0.8	0.51	0.45	0.65	0.69	-0.49	0.57	0.74	0.66	-0.65

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In a nutshell, Beta is a measure of individual stock risk relative to the overall volatility of the stock market. and is calculated based on very sound finance theory - Capital Assets Pricing Model (CAPM).However, since Beta is calculated based on historical price movements it may not predict how a firm's stock is going to perform in the future.

Competition

Predict American Tower

In accordance with the recently published financial statements, American Tower Corp has a Beta of 0.861. This is 19.58% higher than that of the Specialized REITs sector and significantly higher than that of the Real Estate industry. The beta for all United States stocks is notably lower than that of the firm.

American Beta Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses American Tower's direct or indirect competition against its Beta to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of American Tower could also be used in its relative valuation, which is a method of valuing American Tower by comparing valuation metrics of similar companies.

American Tower is currently under evaluation in beta category among its peers.

American Tower ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, American Tower's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to American Tower's managers, analysts, and investors.

Environmental

Governance

Social

American Tower Institutional Holders

Institutional Holdings refers to the ownership stake in American Tower that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of American Tower's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing American Tower's value.

		Shares
Dimensional Fund Advisors, Inc.	2024-12-31	6.4 M
Norges Bank	2024-12-31	6.4 M
Amvescap Plc.	2024-12-31	5.9 M
Principal Financial Group Inc	2024-12-31	5.9 M
T. Rowe Price Associates, Inc.	2024-12-31	5.8 M
Northern Trust Corp	2024-12-31	5.5 M
Akre Capital Management, Llc	2024-12-31	5.5 M
Charles Schwab Investment Management Inc	2024-12-31	5.3 M
Franklin Resources Inc	2024-12-31	5.2 M
Vanguard Group Inc	2024-12-31	62.4 M
Blackrock Inc	2024-12-31	43 M

American Tower returns are very sensitive to returns on the market. As the market goes up or down, American Tower is expected to follow.

American Fundamentals

	Return On Equity	0.32
	Return On Asset	0.0453
	Profit Margin	0.22 %
	Operating Margin	0.46 %
	Current Valuation	140.56 B
	Shares Outstanding	467.46 M
	Shares Owned By Insiders	0.15 %
	Shares Owned By Institutions	94.68 %
	Number Of Shares Shorted	6.18 M
	Price To Earning	34.99 X
	Price To Book	29.15 X
	Price To Sales	9.74 X
	Revenue	10.13 B
	Gross Profit	7.55 B
	EBITDA	7.15 B
	Net Income	2.28 B
	Cash And Equivalents	2.03 B
	Cash Per Share	4.56 X
	Total Debt	43.95 B
	Debt To Equity	3.79 %
	Current Ratio	0.57 X
	Book Value Per Share	7.24 X
	Cash Flow From Operations	5.29 B
	Short Ratio	2.78 X
	Earnings Per Share	6.92 X
	Price To Earnings To Growth	1.33 X
	Target Price	231.15
	Number Of Employees	4.69 K
	Beta	0.86
	Market Capitalization	98.6 B
	Total Asset	61.08 B
	Retained Earnings	(4.42 B)
	Working Capital	(3.9 B)
	Current Asset	996.47 M
	Current Liabilities	1.2 B
	Annual Yield	0.03 %
	Five Year Return	1.87 %
	Net Asset	61.08 B
	Last Dividend Paid	6.48

About American Tower Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze American Tower Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of American Tower using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of American Tower Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

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Additional Tools for American Stock Analysis

When running American Tower's price analysis, check to measure American Tower's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy American Tower is operating at the current time. Most of American Tower's value examination focuses on studying past and present price action to predict the probability of American Tower's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move American Tower's price. Additionally, you may evaluate how the addition of American Tower to your portfolios can decrease your overall portfolio volatility.

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