AMT · American Tower Corporation

$175.592026-07-21

Sector: Real Estate; Industry: REIT - Specialty; Sub-Industry: Telecom Tower REITs

Intrinsic Value Range Comparison · Mulya.ai

Leases factored

Bull

$26

-85.1% vs market

Base · active

$0

-102.8% vs market

Bear

$0

-101.9% vs market

Mulya.ai vs Analyst IV Comparison?

Bear $-3

Base $-5

Bull $26

Market $176

Median $207

Market Price $176

Mulya.ai Base $-5

Analysts Median $207

Mulya.ai IV range ($-3 · $26)

Analysts Range ($185 · $254)

Fundamentals · historical + forward · base

italics = DCF projection

Period	Revenue	Rev Gr ?	Ops M% ?	Tax Rate ?	NOPAT ?	Reinvest ?	FCFF ?	WACC% ?	PV FCFF ?	ROIC ?	Inv. Cap ?	EPS ?	P/E
2024.Q1	$10.0B	—	34.5%	8.2%	$3.2B	−$4.1B	−$915MM	8.4%	—	6.9%	$45.9B	$3.18	—
2024.Q4	$10.0B	0.0%	34.5%	10.9%	$3.1B	−$2.1B	$957MM	8.6%	—	6.9%	$42.8B	$3.18	—
2025.Q1	$10.1B	1.1%	49.3%	12.5%	$4.4B	−$4.0B	$341MM	8.7%	—	9.9%	$45.1B	$4.83	—
2025.Q4	$10.1B	0.0%	49.3%	13.7%	$4.3B	−$6.6B	−$2.3B	8.4%	—	9.4%	$46.2B	$4.83	—
2026.Q1	$10.8B	6.8%	48.9%	12.5%	$4.6B	−$6.9B	−$2.3B	8.4%	—	10.0%	$46.7B	$6.16	15.5
italics below = DCF projection · 10yr Rev CAGR: 4.6%
2027.Q1	$11.0B	+1.9%	50.9%	13.3%	$4.9B	−$6.9B	−$2.0B	8.2%	−$1.8B	9.7%	$53.6B	$9.44	18.6
2028.Q1	$11.4B	+3.7%	51.9%	14.0%	$5.1B	−$4.2B	$912MM	8.2%	$779MM	9.2%	$57.8B	$9.88	17.8
2029.Q1	$12.1B	+5.5%	54.2%	14.8%	$5.6B	−$3.8B	$1.8B	8.3%	$1.4B	9.3%	$61.6B	$10.80	16.3
2030.Q1	$12.7B	+5.3%	57.2%	15.5%	$6.1B	−$5.0B	$1.2B	8.3%	$855MM	9.6%	$66.6B	$11.90	14.8
2031.Q1	$13.4B	+5.8%	57.2%	16.3%	$6.4B	−$4.8B	$1.6B	8.4%	$1.1B	9.3%	$71.3B	$12.47	14.1

Term. Yr+	$17.6B	4.1%	41.7%	20.0%	$5.9B	−$2.8B	$3.1B	8.6%	$30.6B	8.6%	—	—	—

Active scenario IV: $0 (-102.8% vs market)