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AT&T Inc (T)

割安
Communication ServicesTelecom ServicesUnited States

ファンダメンタル

77

株価

$24.38

時価総額

$170.62B

パート1 · 企業の価値

概要

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

No editorial profile for this company yet

No competitor list for this company yet.

貸借対照表と流動性

売上高

$127.24B

直近12か月(2026/6/30まで)

純利益

$21.56B

直近12か月(2026/6/30まで)

フリーキャッシュフロー

$19.44B

自己資本合計

$126.49B

負債合計

$293.71B

流動比率

0.97

利払い倍率

3.56

負債/EBITDA

3.62

一株当たり利益(EPS)

売上高と純利益

フリーキャッシュフロー

収益内訳

財務推移表

利益率の推移

負債の推移

負債の重さ

成長率グリッド

成長率 — 売上高

適正価値の推定

一般的なケース割安

適正価値

$47.21

現在株価

$24.38

安全マージン

+48.4%

適正価値レンジ

$30.69 - $63.74

使用した評価手法間のばらつきであり、統計的に較正された信頼区間ではありません。

推定方法

アナリストの目標株価:$29.05
ディスカウンテッド・キャッシュフロー(DCF):$108.49
利益倍率(P/E):$30.32
グレアムの成長公式:$49.33
収益力価値(EPV):$36.40
正当化されたP/B:$61.02
配当割引モデル(ゴードン):$29.93
P/FFO(運用から生まれる資金):$100.03
中間サイクル利益:$49.66
売上高倍率:$37.64
アナリスト・コンセンサス:買い (20B / 14H / 1S)
直近の決算サプライズ:+8.41%

バリュエーション指標

P/E レシオ

8.11

ROE

17.4%

P/B レシオ

1.32

P/FCF

9.49

粗利益率

-

ROIC

5.4%

収益性レーダー

価値創造(経済的モート)

ROIC

5.4%

WACC

5.7%

ROIC − WACC

-0.3 pp

ROICはおおむね資本コストと同水準です。企業はかろうじて資本コストを賄えている状態です。

ファンダメンタル分析基準

合格(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

不合格(5)

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

データなし(3)

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

Piotroski F-スコア

7/9

財務健全性が高い

score
criteria

利益の質

1.85

高品質:利益はキャッシュに裏付けられている

株式希薄化

-1.7%

株式を買い戻している。株主に友好的

機関投資家の保有

ガバナンス

経営陣

氏名役職年齢
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

監査リスク

1

取締役会リスク

6

報酬リスク

5

株主権利リスク

3

パート2 · 株価と買い時

この部分は企業に価値があるかを判断するものではありません。ファンダメンタルズに納得したうえで、いつ買うかを選ぶためのものです。内容:テクニカル分析、ポテンシャル、過去のドローダウン、ガンマエクスポージャー。

書類

  • 年次報告書(10-K)

    事業内容、財務実績、リスクをまとめた年次の概要。

    提出日: 2026-02-09

    書類を見る
  • 四半期報告書(10-Q)

    直近3か月間の業績に関する最新情報。

    提出日: 2026-07-22

    書類を見る
  • 臨時報告書(8-K)

    経営陣の交代や重要な発表など、大きな出来事に関するお知らせ。

    提出日: 2026-09-09

    書類を見る

via SEC EDGAR

業績推移

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