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AT&T Inc (T)

被低估
Communication ServicesTelecom ServicesUnited States

基本面

77

价格

$24.59

市值

$170.62B

第一部分 · 这家公司值多少

概览

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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No competitor list for this company yet.

资产负债表与流动性

营收

$127.24B

最近12个月(截至2026/6/30)

净利润

$21.56B

最近12个月(截至2026/6/30)

自由现金流

$19.44B

股东权益合计

$126.49B

负债合计

$293.71B

流动比率

0.97

利息覆盖率

3.56

债务/EBITDA

3.62

每股收益

营收与净利润

自由现金流

收入构成

历史财务表

利润率变化

债务变化

债务负担有多重

增长一览表

增长 — 营业收入

公允价值估算

一般情形被低估

公允价值

$47.21

当前价格

$24.59

安全边际

+47.9%

公允价值区间

$30.69 - $63.74

所用估值方法之间的离散区间,并非经过统计校准的置信区间。

估算方法

分析师目标价:$29.05
现金流折现法(DCF):$108.49
市盈率法(P/E):$30.32
格雷厄姆成长公式:$49.33
盈利能力价值(EPV):$36.40
合理市净率(P/B):$61.02
股息折现模型(戈登模型):$29.93
P/FFO(运营资金):$100.03
周期中段收益:$49.66
市销率法(P/S):$37.64
分析师共识:买入 (20B / 14H / 1S)
最近财报超预期:+8.41%

估值指标

市盈率(P/E)

8.11

ROE

17.4%

市净率(P/B)

1.32

P/FCF

9.49

毛利率

-

ROIC

5.4%

盈利能力雷达图

价值创造(经济护城河)

ROIC

5.4%

WACC

5.7%

ROIC − WACC

-0.3 pp

ROIC 与资本成本大致持平:公司仅仅覆盖了资本成本。

基本面分析标准

通过(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

未通过(5)

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

不可用(3)

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

Piotroski F-评分

7/9

财务状况强健

score
criteria

盈利质量

1.85

高质量:盈利有现金流支撑

股权稀释

-1.7%

正在回购股份,对股东友好

机构持股

公司治理

管理团队

姓名职位年龄
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

审计风险

1

董事会风险

6

薪酬风险

5

股东权利风险

3

第二部分 · 价格与买入时机

这一部分不判断公司是否值得拥有:它帮助你在基本面说服你之后,选择何时买入。包含:技术分析、潜力、历史回撤、Gamma 敞口。

文件

  • 年度报告(10-K)

    对公司业务、财务业绩和风险的年度概述。

    提交日期:2026-02-09

    查看文件
  • 季度报告(10-Q)

    最近三个月财务表现的最新情况。

    提交日期:2026-07-22

    查看文件
  • 临时报告(8-K)

    关于重大事件(如管理层变动或重要公告)的通知。

    提交日期:2026-09-09

    查看文件

via SEC EDGAR

损益历史

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 Offering

    AT&T Inc. has initiated the sale of a five-tranche bond issuance denominated in both euros and British pounds. This move indicates the company's strategy to diversify its funding sources and manage its debt obligations across different currency markets. While the issuance itself is a routine financial operation for a company of AT&T's scale, the specific terms and investor reception will be key indicators of market confidence in the company's creditworthiness. Investors will monitor the pricing and demand for these bonds to gauge the perceived risk associated with AT&T's debt.

  • 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