SBAC SBA Communications
too hard · 68
Owner-earnings value$153.66
Price$180.02
Margin of safety
-14.6%
Quality gate · 68/100
⚠ negative book equity · over-levered (net debt/EBITDA 7.5x > 4x)
Median ROIC11.8%
Gross margin75.2%
Net debt / EBITDA7.5x
FCF conversion165%
Share count / yr-0.7%
Profitable years4/4
Moat & management
Owner-earnings inputs
| Owner earnings (TTM) | 1.05B |
| Owner-earnings yield | 5.5% |
| Free-cash-flow yield | 5.5% |
| Growth used (normalized) | 2.2% |
| Market-implied growth (reverse DCF) | 6.1% |
| Terminal growth | 3.0% |
| Discount rate (hurdle) | 9.4% |
Projected owner earnings
| Yr | Owner earnings | Growth | PV |
|---|---|---|---|
| 1 | 1.07B | 2.2% | 981.73M |
| 2 | 1.10B | 2.3% | 918.02M |
| 3 | 1.13B | 2.4% | 859.15M |
| 4 | 1.15B | 2.5% | 804.70M |
| 5 | 1.18B | 2.6% | 754.32M |
| 6 | 1.22B | 2.7% | 707.67M |
| 7 | 1.25B | 2.7% | 664.45M |
| 8 | 1.28B | 2.8% | 624.37M |
| 9 | 1.32B | 2.9% | 587.18M |
| 10 | 1.36B | 3.0% | 552.66M |
Recent news
score · 8 articles
- Wells Fargo Analyst: SpaceX Wireless Will Crush Carriers While Tower REITs “Quietly” Profit
- SBA Communications (SBAC) Wins Investment Grade While Profits Slide
- SBA Communications (SBAC) Could Be 19% Below Fair Value As Spectrum Growth Beckons
- SBA Communications (SBAC) Stock May Be 30% Undervalued On Cash Flow
- Raymond James reveals 2 stocks worth buying for the rest of 2026
- SBA Communications (SBAC) Up 0.5% Since Last Earnings Report: Can It Continue?
- Trump Real Estate Stock Trades Show June Net Selling
- This Company Just Paid Out $6.8 Billion. Its AI Bill Was 4x That
⚠ maintenance capex ≈ min(capex, D&A), capped at FCF · Price pays for ~6%/yr owner-earnings growth over 10y (reverse DCF); model credits 2%.