Ticker League

Fair Value for American Tower (AMT)

See growth priced into American Tower (AMT): reverse DCF, implied rate vs history and analysts, FCF view. Free intrinsic value calculator for education.

Fair value (multi-method)

Four independent methods triangulate what AMT is worth. The headline is the Forward-DCF intrinsic value at a normalized growth rate; the margin of safety compares it to the current price.

Estimated fair value (Forward DCF)

$135.38

Above fair value
-22.67% vs current price $166.06

Method range

$17.79 $310.24

median $172.44

Methods disagree

Valuation methods

Each method’s implied fair value per share and its upside versus the current price. Missing methods (no analyst coverage, negative earnings, etc.) are shown as “—”.

  • Forward DCF$135.38
  • Exit multiple$310.24
  • Analyst target$209.50
  • Graham number$17.79

Stock price

$166.06

FCF / share (TTM)

$2.04

3Y FCF CAGR

1.5%

Fair value @ hist. growth

$28.93

This analysis is for informational purposes only and is not financial advice. Scenario prices and DCF-style figures depend on your assumptions and data from public filings and estimates. They are not forecasts of future returns.

Implied FCF growth

25.0%

per year over your projection horizon

Premium vs DCF

Margin of safety -474.1% vs hist-growth DCF

Historical 3Y CAGR

1.5%

Your model implies

25.0%

Analyst consensus is EPS-only — no comparable FCF / share estimate to show on this basis.

Model inputs

Move sliders to test how the reverse DCF reacts. Historical-growth markers show where the company has actually grown over the last cycle.

Discount rate (cost of equity proxy)9.2%
Terminal growth2.50%
Projection years10 yr
FCF growth per year (supplemental projection)2%
3Y CAGR 2%

Undiscounted FCF per share over 10 years at 2% annual growth.

Sensitivity — implied growth vs your assumptions

Each cell shows the per-share growth rate the market would need to justify the current price at that combination of discount rate (rows) and terminal growth (columns). Your selected inputs are highlighted.

Row axis: discount rate. Column axis: terminal growth.Terminal g →↓ Discount1.5%2.0%2.5%3.0%3.5%
7.2%21.2%20.2%19.2%18.0%16.7%
8.2%23.9%23.1%22.2%21.3%20.2%
9.2%26.5%25.7%25.0%24.2%23.3%
10.2%28.8%28.2%27.5%26.8%26.0%
11.2%31.0%30.5%29.9%29.3%28.6%
Color≤ historical CAGRModerate premiumHigh premium (≥ 15pp above hist)Your inputs

Historical multiples

Each bar is the trailing five-year range (low left, high right). Filled portion runs from low to today; the dot marks today; the small tick marks the five-year median. Low, median, and high are listed under each bar.

P/EToday32.5· at low
5Y low32.5
Median51.4
5Y high67.9
P/SToday7.7· at low
5Y low7.7
Median10.0
5Y high14.1
EV/EBITDAToday20.6
5Y low17.8
Median21.7
5Y high30.2

PEG

4.56

Demanding vs growth

Net debt

$43.5B

Total debt − cash

Beta

0.91

Vs market benchmark

Frequently asked questions