Anterix Inc.

NasdaqCM:ATEX Stock Report

Market Cap: US$617.9m

Anterix Valuation

Is ATEX undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

3/6

Valuation Score 3/6

  • Below Fair Value

  • Significantly Below Fair Value

  • Price-To-Book vs Peers

  • Price-To-Book vs Industry

  • Price-To-Book vs Fair Ratio

  • Analyst Forecast

Share Price vs Fair Value

What is the Fair Price of ATEX when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: ATEX ($33.08) is trading below our estimate of fair value ($109.06)

Significantly Below Fair Value: ATEX is trading below fair value by more than 20%.

Key Valuation Metric

Which metric is best to use when looking at relative valuation for ATEX?

Key metric: As ATEX barely has revenue we use its Price-To-Book Ratio for relative valuation analysis.

The above table shows the Price to Book ratio for ATEX. This is calculated by dividing ATEX's market cap by their current book value.
What is ATEX's PB Ratio?
PB Ratio4.4x
BookUS$139.06m
Market CapUS$617.94m

Price to Book Ratio vs Peers

How does ATEX's PB Ratio compare to its peers?

The above table shows the PB ratio for ATEX vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyForward PBEstimated GrowthMarket Cap
Peer Average5.7x
BAND Bandwidth
1.5x72.6%US$493.8m
LILA Liberty Latin America
1.1x112.9%US$1.4b
GSAT Globalstar
8.2x75.6%US$3.3b
CCOI Cogent Communications Holdings
11.9x-18.4%US$3.8b
ATEX Anterix
4.4x22.9%US$617.9m

Price-To-Book vs Peers: ATEX is good value based on its Price-To-Book Ratio (4.4x) compared to the peer average (5.7x).

Price to Book Ratio vs Industry

How does ATEX's PB Ratio compare vs other companies in the US Telecom Industry?

4 CompaniesPrice / BookEstimated GrowthMarket Cap
LBTY.A Liberty Global
0.3x53.3%US$4.59b
CRGE.Q Charge Enterprises
0.06xn/aUS$1.46m
HMMR Hammer Fiber Optics Holdings
0.3xn/aUS$951.74k
MXTS.F Maxcom Telecomunicaciones. de
0.0006xn/aUS$27.65k
No more companies available in this PB range
ATEX 4.4xIndustry Avg. 1.7xNo. of Companies4PB01.22.43.64.86+
4 CompaniesEstimated GrowthMarket Cap
No more companies

Price-To-Book vs Industry: ATEX is expensive based on its Price-To-Book Ratio (4.4x) compared to the US Telecom industry average (1.7x).

Price to Book Ratio vs Fair Ratio

What is ATEX's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

ATEX PB Ratio vs Fair Ratio.
Fair Ratio
Current PB Ratio4.4x
Fair PB Ration/a

Price-To-Book vs Fair Ratio: Insufficient data to calculate ATEX's Price-To-Book Fair Ratio for valuation analysis.

Analyst Price Targets

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

The above table shows the analyst ATEX forecast and predictions for the stock price in 12 month’s time.
DateShare PriceAverage 1Y Price TargetDispersionHighLow1Y Actual priceAnalysts
CurrentUS$33.08
US$78.67
+137.8%
20.5%US$100.00US$61.00n/a3
Nov ’25US$32.92
US$78.67
+139.0%
20.5%US$100.00US$61.00n/a3
Oct ’25US$37.08
US$78.67
+112.2%
20.5%US$100.00US$61.00n/a3
Sep ’25US$35.47
US$78.67
+121.8%
20.5%US$100.00US$61.00n/a3
Aug ’25US$39.36
US$78.33
+99.0%
21.1%US$100.00US$60.00n/a3
Jul ’25US$39.29
US$78.33
+99.4%
21.1%US$100.00US$60.00n/a3
Jun ’25US$33.65
US$70.25
+108.8%
28.5%US$100.00US$46.00n/a4
May ’25US$32.00
US$70.25
+119.5%
28.5%US$100.00US$46.00n/a4
Apr ’25US$32.96
US$69.50
+110.9%
30.1%US$100.00US$43.00n/a4
Mar ’25US$39.49
US$69.50
+76.0%
30.1%US$100.00US$43.00n/a4
Feb ’25US$30.72
US$69.50
+126.2%
30.1%US$100.00US$43.00n/a4
Jan ’25US$33.32
US$69.50
+108.6%
30.1%US$100.00US$43.00n/a4
Dec ’24US$34.40
US$69.00
+100.6%
31.3%US$100.00US$41.00n/a4
Nov ’24US$30.09
US$69.00
+129.3%
31.3%US$100.00US$41.00US$32.924
Oct ’24US$31.38
US$69.00
+119.9%
31.3%US$100.00US$41.00US$37.084
Sep ’24US$32.89
US$69.00
+109.8%
31.3%US$100.00US$41.00US$35.474
Aug ’24US$28.29
US$69.00
+143.9%
31.3%US$100.00US$41.00US$39.364
Jul ’24US$31.69
US$69.40
+119.0%
27.4%US$100.00US$42.00US$39.295
Jun ’24US$32.35
US$69.40
+114.5%
27.4%US$100.00US$42.00US$33.655
May ’24US$32.15
US$69.40
+115.9%
27.4%US$100.00US$42.00US$32.005
Apr ’24US$33.04
US$69.40
+110.0%
27.4%US$100.00US$42.00US$32.965
Mar ’24US$30.11
US$69.40
+130.5%
27.4%US$100.00US$42.00US$39.495
Feb ’24US$36.64
US$73.60
+100.9%
19.3%US$100.00US$60.00US$30.725
Jan ’24US$32.17
US$73.60
+128.8%
19.3%US$100.00US$60.00US$33.325
Dec ’23US$32.84
US$73.60
+124.1%
19.3%US$100.00US$60.00US$34.405
Nov ’23US$38.08
US$74.80
+96.4%
17.7%US$100.00US$63.00US$30.095

Analyst Forecast: Target price is more than 20% higher than the current share price, but analysts are not within a statistically confident range of agreement.

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