American Tower Corporation (T1OW34) fair value: what the stock is really worth
As of Oct 2, 2026: fair value of American Tower Corporation BRL 13.54, price BRL 35.48, upside -61.8%, quality 66 out of 100. Calculated from audited financials with 26 valuation models and 37 quality factors, updated daily.
- Fair value above price? No
- Good quality? Yes
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American Tower Corporation
T1OW34 · SAStretched ValuationStrong overvaluation with only moderate quality.
What runs behind every stock
69 individual criteria per stock, every one traceable See the method →
Price vs Fair Value
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Sep 29, 2026.
How to read this chart
60‑month range R$31.04 – R$59.94 · fair‑value band R$4.44 – R$25.05 · the R$35.48 price screens above the R$13.54 fair value. Green steps = our fair value per fiscal year (point-in-time, no hindsight). Dashed = 300-day average. As of Sep 29, 2026.
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Company profile
American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate.
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American Tower Corporation is one of the largest global real estate investment trusts. It is a leading independent owner, operator and developer of multitenant communications real estate. The Company's primary business is the leasing of space on communications sites to wireless service providers, radio and television broadcast companies, wireless data providers, government agencies and municipalities and tenants in a few other industries. The Company refers to this business, inclusive of its data center business discussed below, as its property operations. Additionally, the Company offers tower-related services in the United States, which the Company refers to as its services operations. These services include site application, zoning and permitting, structural and mount analyses, and construction management services, together with program management offerings that support customer deployment needs from project scoping through construction. The Company's services operations primarily support the Company's site leasing business, including through the addition of new tenants and equipment on its sites. The Company's customers include its tenants, licensees and other payers. American Tower Corporation was incorporated in 1995 in Delaware and is based in Massachusetts, Boston.
Stock analysis
American Tower Corporation (T1OW34) currently trades at R$35.48, while our model-based Fair Value estimate is R$13.54, 61.8% below the price, so the stock looks overvalued today.
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Valuation
Bull case: the DCF Models group reads highest at a median of R$22.02 per share, and 2 of the 16 models we run sit above the R$35.48 price.
Bear case: the Economic Profit group reads lowest at R$6.35, and 14 of the 16 models stay below the price. Evidence for this calculation is medium.
Scenario range: R$4.44 (bear) to R$25.05 (bull), the price of R$35.48 sits above it. Bear and bull are the same models on cautious and optimistic assumptions, a range, not a price target.
Quality & growth
The Quality Score stands at 66/100 (solid quality), in the Real Estate sector.
Healthy Growth: Revenue growth appears healthy and is supported by profitability and cash-flow quality.
American Tower Corporation reported revenue of $10.6B in FY2025 versus $9.4B in FY2021, a compound +3.3%/yr. Reported net income was $2.5B in FY2025, compounding −0.4%/yr from FY2021.
Key figures
Market cap R$392B (≈ $75.1B) · P/E ratio 26.5 · P/S ratio 6.29 · EPS (TTM) R$1.34 · Net margin 23.8% · Return on equity 30.0% · Return on assets (EBIT) 5.7% · Operating margin 45.9%.
Competitive moat
Our AI-assisted moat analysis scores the competitive advantage at 48 out of 100 (low confidence).
What moves the price
The share trades about 17% below its 52-week high and 2% above its 52-week low, currently below its 200-day average.
For context, the median of 10 Real Estate peers we cover trades at −28% fair-value upside, at −62%, T1OW34 screens richer than that median.
Fair Value models
All 16 models by family
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Set up alert →Quality Score breakdown
Of which business quality 58 · Market factors (momentum, volatility) 40
Revenue & earnings trend
T1OW34 screens overvalued: fair value 62% below the price. Compare with Equinix, Inc →
Recent news
- American Tower Corporation (AMT) Faces Growth Headwinds Amid Elevated Customer Churn
- American Tower (AMT) Falls More Steeply Than Broader Market: What Investors Need to Know
- Is It Worth Investing in American Tower (AMT) Based on Wall Street's Bullish Views?
- Why Is American Tower (AMT) Adding A New Board Voice On Talent And Governance?
Compare American Tower Corporation with another stock
Price, fair value, quality and upside side by side.
Peer GroupⓘHow this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.REIT - Specialty · 32 stocks
Valuation Multiplesvs REIT - Specialty median · lower = cheaper
Strength profile in five axes (Snowflake)
Context: sector, industry, market
- Is the Real Estate sector expensive or cheap?
- P/E, EV/EBITDA and margins by industry (reference tables)
- Undervalued stocks: Real Estate
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
Similar stocks
10 more REIT - Specialty stocks, each showing price versus our Fair Value estimate.
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| Equinix, Inc EQIX | $1,015 | $137.29 | −86% |
| Digital Realty Trust, Inc DLR | $177.18 | $127.38 | −28% |
| Iron Mountain Incorporated IRM | $111.50 | $40.40 | −64% |
| Crown Castle Inc CCI | $67.84 | $82.54 | +22% |
| SBA Communications Corporation SBAC | $162.81 | $178.33 | +10% |
| Lamar Advertising Company LAMR | $143.98 | $120.53 | −16% |
| Weyerhaeuser Company WY | $20.01 | $7.50 | −63% |
| Gaming and Leisure Properties, Inc GLPI | $38.79 | $63.16 | +63% |
| Rayonier Inc RYN | $18.88 | $10.02 | −47% |
| OUTFRONT Media Inc OUT | $27.65 | $8.37 | −70% |
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Key figures of American Tower Corporation
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