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How does this work?
A valuation is an assessment of the value of one share in a company, it is not necessarily the same as the price listed in the sharemarket. You can use a variety of methods to value a company, Valuecruncher uses Discounted Cash Flow (DCF) analysis to help people create the valuations you see below.
| Valuation | Compared to price | Member |
Created
|
Views |
|---|---|---|---|---|
| $52.65 |
93.71%
|
Valuecruncher | 09 Jan 2009 | 0 |
| $53.73 |
102.22%
|
dweis | 19 Nov 2008 | 12 |
| $39.25 |
26.41%
|
TheCrunchBlog | 06 Aug 2008 | 139 |
| $35.68 |
-1.95%
|
omer | 13 Jun 2008 | 35 |
| $40.73 |
4.92%
|
GordonGekko | 14 May 2008 | 52 |
Price History
Recent Comments
Company Details
| Updated: | 5 hours ago |
| Ticker: | T |
| Market: | NYSE |










This valuation is supplemented by a Valuecruncher Blog post:
http://blog.valuecruncher.com/2008/08/att-looks-like-a-buy-at-30/
Assumptions:
Revenue
AT&T's revenues are forecast to grow to $125 billion in 2010 representing an annualised growth rate of 3.8% driven by AT&T's wireless and data offerings.
Profitability
EBITDA margins are forecast to remain constant at 36% over the next three years.
Discount Rate (WACC)
We have applied a discount rate of 9.00% based on Aswath Damodaran's industry analysis:
http://pages.stern.nyu.edu/~adamodar/New_Home_Page/datafile/wacc.htm
Terminal Growth Rate
We have used a terminal growth rate of 3%. AT&T's strong wireless growth is offset by declining voice revenues.