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)

$140.10

Above fair value
-38.56% vs current price $194.12

Method range

$17.79 $309.50

median $175.55

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$140.10
  • Exit multiple$309.50
  • Analyst target$211.00
  • Graham number$17.79

Stock price

$194.12

FCF / share (TTM)

$2.04

3Y FCF CAGR

1.5%

Fair value @ hist. growth

$29.84

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

26.6%

per year over your projection horizon

Premium vs DCF

Margin of safety -550.5% vs hist-growth DCF

Historical 3Y CAGR

1.5%

Your model implies

26.6%

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)9.0%
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%
7.0%22.7%21.6%20.5%19.3%17.8%
8.0%25.5%24.7%23.7%22.7%21.6%
9.0%28.1%27.4%26.6%25.7%24.8%
10.0%30.6%29.9%29.2%28.5%27.6%
11.0%32.9%32.3%31.7%31.0%30.3%
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/EToday32.6· at low
5Y low32.6
Median51.4
5Y high67.8
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

4.67

Demanding vs growth

Net debt

$43.5B

Total debt − cash

Beta

0.89

Vs market benchmark

Frequently asked questions