American Tower (American Tower) GF Value Rank

: 8 (As of Today)

View and export this data going back to 1998. Start your Free Trial

American Tower has the GF Value Rank of 8.

The GF Value Rank is determined by the price-to-GF-Value (P/GF Value) ratio, a proprietary metric calculated based on historical multiples along with an adjustment factor based on a company's past returns and growth and future estimates of the business' performance.

GuruFocus found that for valuation, we cannot simply give stocks a better GF Value rank simply because they have a lower P/GF Value ratio. Backtesting shows that over the long term, the two worst-performing groups are the most expensive group (with the highest P/GF Value ratio) and the least expensive group (with the lowest P/GF Value ratio).

We can understand why the most expensive group underperforms. We were initially puzzled by the underperformance of the least expensive group, but we realized there is a reason why some stocks are super cheap. If they look too undervalued, it is often because the businesses behind them are poor quality. The market realized this and gave them low valuations. In a way, the market is efficient.

After multiple backtesting analyses, we granted the stocks in third-cheapest percentile the highest GF Value rank, as they have performed the best over a full market cycle. Stock performance is actually not as sensitive to valuation as it is to growth and profitability. On average, the companies in the 20%-50% valuation groups have similar performances. Therefore, we should avoid the most expensive and the least expensive stocks. We can be more tolerant of valuation.

Please click GF Score to see more details on the GF Score's 5 Key Aspects of Analysis.

Competitive Comparison

For the REIT - Specialty subindustry, American Tower's GF Value Rank, along with its competitors' market caps and GF Value Rank data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

American Tower GF Value Rank Distribution

For the REITs industry and Real Estate sector, American Tower's GF Value Rank distribution charts can be found below:

* The bar in red indicates where American Tower's GF Value Rank falls into.

American Tower GF Value Rank Related Terms

Thank you for viewing the detailed overview of American Tower's GF Value Rank provided by GuruFocus.com. Please click on the following links to see related term pages.

American Tower (American Tower) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » American Tower Corp (NYSE:AMT) » Definitions » GF Value Rank

Comparable Companies

Traded in Other Exchanges

AMT:Mexico 1AMT:Italy A0T:Germany A0T:Germany T1OW34:Brazil AMTG:Austria

Address

116 Huntington Avenue, 11th Floor, Boston, MA, USA, 02116

Website

https://www.americantower.com

American Tower owns and operates more than 220,000 cell towers throughout the U.S., Asia, Latin America, Europe, and Africa. It also owns and/or operates 28 data centers in 10 U.S. markets after acquiring CoreSite. On its towers, the company has a very concentrated customer base, with most revenue in each market being generated by just the top few mobile carriers. The company operates more than 40,000 towers in the U.S., which accounted for roughly half of the company's total revenue in 2022. Outside the U.S., American Tower operates over 75,000 towers in India, almost 50,000 towers in Latin America (dominated by Brazil), 30,000 towers in Europe, and nearly 25,000 towers in Africa. American Tower operates as an REIT.

Executives

Joann A Reed	director	C/O AMERICAN TOWER CORP, 116 HUNTINGTON AVENUE, BOSTON MA 02116
Eugene M Noel	officer: EVP & President, U.S. Tower	116 HUNTINGTON AVENUE, BOSTON MA 02116
Robert D Hormats	director	85 BROAD STREET, NEW YORK NY 10004
Rodney M Smith	officer: EVP, CFO & Treasurer	116 HUNTINGTON AVENUE, BOSTON MA 02116
Raymond P Dolan	director	108 GOVERNOR DRIVE, BASKING RIDGE NJ 00924
Samme L Thompson	director	C/O TELIT ASSOCIATES, INC., 333 NORTH MICHIGAN AVENUE, CHICAGO IL 60601
Sanjay Goel	officer: EVP & President, Asia-Pacific	116 HUNTINGTON AVENUE, BOSTON MA 02116
Ruth T Dowling	officer: EVP, Chief Admin Ofr, GC & Sec	116 HUNTINGTON AVENUE, BOSTON MA 02116
Reeve Pamela D A	director	C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVE, BOSTON MA 02116
Meyer Robert Joseph Jr	officer: SVP & Chief Accounting Officer	61 SCHOOL STREET, ARLINGTON MA 02476
Edmund Disanto	officer: EVP, Chief Admin Ofr, GC & Sec	C/O AMERICAN TOWER CORPORATION, 116 HUNTINGTON AVENUE, 11TH FLOOR, BOSTON MA 02116
Bruce L Tanner	director	214 N TRYON STREET, CHARLOTTE NC 28202
Kelly C Chambliss	director	C/O CORESITE REALTY CORPORATION, 1001 17TH STREET, SUITE 500, DENVER CO 80202
Teresa Hillary Clarke	director	2850 GOLF ROAD, ROLLING MEADOWS IL 60008
David E Sharbutt	director	116 HUNTINGTON AVENUE, BOSTON MA 02116