Company Valuation: AT&T Inc.

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 175,669 131,193 119,977 163,381 176,102 150,136 - -
Change - -25.32% -8.55% 36.18% 7.79% -14.74% - -
Enterprise Value (EV) 1 331,854 263,382 250,586 283,465 293,468 300,590 298,665 297,875
Change - -20.63% -4.86% 13.12% 3.53% 2.43% -0.64% -0.26%
P/E 8.91x -16.3x 8.52x 15.3x 8.17x 10.6x 8.42x 7.51x
PBR 1.06x 1.35x 1.16x 1.57x 1.59x 1.35x 1.29x 1.18x
PEG - 0x -0x -0.6x 0x -0.3x 0.3x 0.6x
Capitalization / Revenue 1.04x 1.09x 0.98x 1.34x 1.4x 1.16x 1.15x 1.13x
EV / Revenue 1.97x 2.18x 2.05x 2.32x 2.34x 2.32x 2.29x 2.24x
EV / EBITDA 6.45x 6.35x 5.77x 6.33x 6.33x 6.23x 6x 5.72x
EV / EBIT 14.2x -57.4x 10.7x 14.9x 12.1x 11.8x 10.1x 9.23x
EV / FCF 13x 16.3x 12.2x 16.1x 17.7x 16.8x 15.7x 14.2x
FCF Yield 7.66% 6.15% 8.17% 6.22% 5.65% 5.95% 6.38% 7.02%
Dividend per Share 2 2.08 1.11 1.11 1.11 1.11 1.11 1.11 1.115
Rate of return 8.46% 6.03% 6.62% 4.87% 4.47% 5.07% 5.07% 5.09%
EPS 2 2.76 -1.13 1.97 1.49 3.04 2.073 2.604 2.919
Distribution rate 75.4% -98.2% 56.3% 74.5% 36.5% 53.5% 42.6% 38.2%
Net sales 1 168,864 120,741 122,428 122,336 125,648 129,832 130,396 132,958
EBITDA 1 51,469 41,465 43,400 44,760 46,361 48,252 49,776 52,042
EBIT 1 23,347 -4,587 23,461 19,049 24,162 25,577 29,703 32,285
Net income 1 19,900 -8,727 14,192 10,746 21,889 13,530 16,848 18,447
Net Debt 1 156,185 132,189 130,609 120,084 117,366 150,454 148,530 147,739
Reference price 2 24.60 18.41 16.78 22.77 24.84 21.91 21.91 21.91
Nbr of stocks (in thousands) 7,141,000 7,126,188 7,150,020 7,175,289 7,089,449 6,852,386 - -
Announcement Date 1/26/22 1/25/23 1/24/24 1/27/25 1/28/26 - - -
1USD in Million2USD
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
762.83x44.56x87.82x - 2,162B
14.04x2.62x6.62x2.7% 165B
34.95x5.53x22.96x0.24% 167B
10.11x2.32x6.25x5.07% 150B
29.56x5.37x9.41x1.76% 125B
7.41x1.33x4.81x6.01% 78.35B
19.46x2.21x8.39x3.58% 74.79B
14.54x2.37x7.76x2.89% 70.1B
13.23x1.42x4.81x3.43% 36.57B
Average 100.68x 7.53x 17.65x 3.21% 336.54B
Weighted average by Cap. 550.16x 32.76x 65.59x 2.92%

Y-o-Y evolution of P/E

Valuation ratios - P/E - AT&T Inc.

Historical PBR trend

Valuation ratios - PBR - AT&T Inc.

Evolution Enterprise Value / Sales

Valuation ratios - VE_REV - AT&T Inc.

Change in Enterprise Value/EBITDA

Valuation ratios - VE_EBITDA - AT&T Inc.


Year-on-year evolution of the Yield

Valuation ratios - Yield - AT&T Inc.