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AT&T Inc (T)

Sous-évalué
Communication ServicesTelecom ServicesUnited States

Fondamental

77

Prix

$24.38

Capitalisation boursière

$170.62B

Partie 1 · Ce que vaut l'entreprise

Vue d'ensemble

AT&T Inc. provides telecommunications and technology services worldwide. It operates through two segments, Communications and Latin America. The Communications segment offers wireless voice and data communications services; and sells handsets, wireless data cards, wireless computing devices, carrying cases/protective covers, and wireless chargers through its own company-owned stores, agents, and third-party retail stores. It also provides AT&T Dedicated Internet, fiber ethernet and broadband, fixed wireless, and hosted and managed professional services; and copper-based voice and data, Virtual Private Networks (VPN), wholesale, outsourcing, and IP, as well as customer premises equipment for multinational corporations, small and mid-sized businesses, governmental, and wholesale customers. In addition, this segment offers broadband services, including fiber connections, legacy telephony voice communication services, and other VoIP services and equipment to residential customers. This segment markets its communications services and products under the AT&T, AT&T Business, Cricket, AT&T PREPAID, AT&T Fiber, and AT&T Internet Air brand names. Its Latin America segment provides postpaid and prepaid wireless services in Mexico under the AT&T and Unefon brand names, as well as sells smartphones through its stores, agents and third-party retail stores. The company was formerly known as SBC Communications Inc. and changed its name to AT&T Inc. in 2005. AT&T Inc. was incorporated in 1983 and is based in Dallas, Texas.

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Direct competitors

Who this company fights with for the same customers

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Bilan & Liquidités

Chiffre d'affaires

$127.24B

12 derniers mois (au 30/06/2026)

Résultat net

$21.56B

12 derniers mois (au 30/06/2026)

Flux de trésorerie libre

$19.44B

Capitaux propres totaux

$126.49B

Passif total

$293.71B

Ratio de liquidité général

0.97

Couverture des intérêts

3.56

Dette/EBITDA

3.62

Bénéfice par action

Chiffre d'affaires & Résultat net

Flux de trésorerie libre

Décomposition du résultat

État historique

Marges dans le temps

La dette dans le temps

Le poids de la dette

Grille de la croissance

Croissance — Chiffre d'affaires

Estimation de la juste valeur

Cas généralSous-évalué

Juste valeur

$47.21

Prix actuel

$24.38

Marge de sécurité

+48.4%

Fourchette de juste valeur

$30.69 - $63.74

Écart entre les méthodes de valorisation utilisées, pas un intervalle de confiance calibré statistiquement.

Méthodes d'estimation

Objectif de cours des analystes:$29.05
Flux de trésorerie actualisés (DCF):$108.49
Multiple de résultat (P/E):$30.32
Formule de croissance de Graham:$49.33
Valeur de la capacité bénéficiaire (EPV):$36.40
P/B justifié:$61.02
Actualisation des dividendes (Gordon):$29.93
P/FFO, les fonds provenant de l'exploitation:$100.03
Bénéfices de milieu de cycle:$49.66
Multiple sur le chiffre d'affaires:$37.64
Consensus des analystes:Acheter (20B / 14H / 1S)
Dernière surprise sur les résultats:+8.41%

Indicateurs de valorisation

Ratio P/E

8.11

ROE

17.4%

Ratio P/B

1.32

P/FCF

9.49

Marge brute

-

ROIC

5.4%

Radar de rentabilité

Création de valeur (avantage concurrentiel)

ROIC

5.4%

WACC

5.7%

ROIC − WACC

-0.3 pp

Le ROIC est à peu près aligné sur le coût du capital — l'entreprise couvre à peine son coût du capital.

Critères d'analyse fondamentale

Réussi (20)

  • EPS shows upward trend
  • ROIC 5.4%
  • P/FCF 9.49
  • P/B Ratio 1.32
  • Debt/Equity ratio
  • Operating Margin 20.1%
  • Positive Free Cash Flow
  • Current Ratio
  • Interest Coverage
  • Debt/EBITDA
  • Return on Tangible Assets
  • Price below Graham Number
  • DCF valuation (Undervalued)
  • ROE 19.5%
  • Analyst Consensus 57% Buy
  • Earnings Surprise avg 4.8%
  • Earnings Quality (OCF/NI) 1.85
  • Share Dilution -1.7%
  • Net Margin Trend 16.9% vs 10.3%
  • Piotroski F-Score 7/9

Échoué (5)

  • EPS CAGR 2.53%
  • Price CAGR -2.07%
  • CapEx intensity
  • Low reliance on intangibles
  • Revenue Growth 5Y -2.6%

Indisponible (3)

  • Gross Margin NaN%
  • Dividend Payout NaN%
  • PEG Ratio (need PE > 0 and growth > 0)

Score F de Piotroski

7/9

Santé financière solide

score
criteria

Qualité des bénéfices

1.85

Qualité élevée : bénéfices soutenus par la trésorerie

Dilution du capital

-1.7%

Rachat d'actions. Favorable aux actionnaires

Participations institutionnelles

Gouvernance

Équipe dirigeante

NomTitreÂge
Mr. John T. StankeyCEO, President & Chairman62
Mr. Pascal Desroches CPASenior EVP & CFO61
Mr. Jeffery Scott McElfreshChief Operating Officer55
Mr. David R. McAtee IISenior EVP & General Counsel56
Ms. Lori M. LeeGlobal Marketing Officer and Senior EVP of International59
Ms. Sabrina SandersSenior VP, Chief Accounting Officer & Controller45
Mr. Brett Joseph FeldmanSenior Vice President of Finance & Investor Relations-
Mr. Larry SolomonChief Communications Officer-
Mr. Rick MooreSenior Vice President of Corporate Development73
Ms. Kellyn Smith Kenny M.B.A.Chief Marketing & Growth Officer47

Risque d'audit

1

Risque du conseil

6

Risque de rémunération

5

Risque droits des actionnaires

3

Partie 2 · Le prix et le moment d'entrer

Cette partie ne dit pas si l'entreprise vaut la peine : elle aide à choisir quand l'acheter, une fois que les fondamentaux vous ont convaincu. À l'intérieur : analyse technique, potentiel, baisses historiques, exposition gamma.

Documents

  • Rapport annuel (10-K)

    Un aperçu annuel de l'activité, des résultats financiers et des risques de l'entreprise.

    Déposé le 2026-02-09

    Voir le document
  • Rapport trimestriel (10-Q)

    Une mise à jour de la performance financière des trois derniers mois.

    Déposé le 2026-07-22

    Voir le document
  • Rapport d'événement important (8-K)

    Un avis concernant un événement important, comme un changement de direction ou une annonce majeure.

    Déposé le 2026-09-09

    Voir le document

via SEC EDGAR

Historique des résultats

via SEC EDGAR

Latest News

Recent headlines for T, sourced from Markets Gazette.

  • 10d agoPOSITIVE
    AT&T’s stock looks like the smartest bet in the wireless sector, analyst says

    An analyst from BNP Paribas has issued a positive rating for AT&T Inc. stock, highlighting that investors have "little to quibble with on the mobile side." This endorsement suggests strong performance and positive outlook for AT&T's wireless division, a key revenue driver. The analyst's confidence implies that the company's strategic decisions and operational execution in the competitive wireless market are yielding favorable results, potentially leading to increased investor interest and a positive impact on the stock price.

  • 8/5/2026NEGATIVE
    Why AT&T, Verizon and T-Mobile shares are down after SpaceX’s earnings

    Shares of AT&T, Verizon, and T-Mobile have experienced a downturn following SpaceX's recent earnings report, which indicated the company's potential to develop wireless capabilities without substantial network infrastructure expenditures. This development poses a competitive threat to established mobile carriers by suggesting a new entrant could disrupt the market with a lower cost base. Investors are reassessing the long-term market share and profitability prospects for the incumbent telecom giants, leading to a sell-off.

  • 7/27/2026NEUTRAL
    AT&T Kick Starts Sale of Five-Part Euro, Sterling Bond Deal

    AT&T Inc. has initiated the sale of a multi-tranche bond offering, aiming to raise at least €2 billion across euro and sterling denominations. This move injects significant volume into Europe's primary debt market during a typically quiet period. The issuance represents a standard capital-raising activity for the telecommunications giant, providing liquidity and potentially funding future investments or refinancing existing debt. Investors will assess the bond's yield and credit rating to determine its attractiveness.

  • 7/22/2026POSITIVE
    AT&T’s stock rises toward best day in six months. Why investors are cheering the latest earnings.

    AT&T Inc. shares are on track for their best performance in six months, buoyed by a strong earnings report that surpassed analyst expectations. The telecommunications giant exceeded targets for subscriber growth, free cash flow, and profitability. This positive momentum suggests robust operational execution and increasing demand for AT&T's services, potentially signaling a turning point for investor sentiment and offering a compelling case for the stock.

  • 7/2/2026NEGATIVE
    SpaceX panic sends AT&T stock to its worst week in years

    AT&T shares have experienced their worst week in years, plummeting due to the competitive threat posed by SpaceX's Starlink satellite internet service. This existential challenge from a new technology disrupts AT&T's traditional telecommunications market. Investors are reacting to the potential for market share erosion and reduced future revenue streams as Starlink offers an alternative connectivity solution. The stock's significant decline reflects a reassessment of AT&T's long-term growth prospects in light of this disruptive innovation.

  • 6/17/2026NEGATIVE
    AT&T Stock Falls After CFO Pascal Desroches Retires

    AT&T Inc. shares experienced a decline following the announcement of Chief Financial Officer Pascal Desroches' retirement. Desroches, who has been instrumental in the company's financial strategy, including its recent debt reduction efforts, will step down. The unexpected departure of a key executive often introduces uncertainty regarding future financial leadership and strategic direction. Investors may interpret this as a signal of potential instability or a shift in financial management, leading to a sell-off as they await clarity on his successor and the continuity of the company's financial plans.

via Markets Gazette