ATN International, Inc. (ATNI) Valuation

Valuation

Model-based estimates, not advice. The DCF is the discounted-cash-flow value per share; compare it with the price, not as a target.

DCF fair value

+295.4%

$100.42

vs $25.40 price

Levered DCF

$128.54

After debt service

Piotroski score

7 / 9

Strong

Altman Z-score

1.5

Distress zone

Rating

Overall 4 / 5

Ratios by fiscal year

Margins and yields are shares of revenue, equity or price; multiples are ×.

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
P/E	-23.27×	-9.66×	-31.18×	-67.63×	-28.74×	-46.92×	-81.46×	57.69×
P/B	0.78×	0.52×	1.12×	1.23×	1.05×	1.03×	1.31×	1.64×
P/S	0.48×	0.35×	0.8×	0.98×	1.05×	1.46×	2.02×	2.53×
EV / EBITDA	5.85×	6.06×	7.16×	7.63×	10.56×	7.44×	8.76×	7.07×
Gross margin	37.3%	56.6%	56.7%	54.7%	52.7%	57.0%	56.6%	58.4%
Operating margin	6.0%	-0.1%	1.7%	1.1%	-2.5%	2.0%	3.0%	13.5%
Net margin	-2.0%	-3.6%	-1.9%	-0.8%	-3.7%	-3.1%	-2.5%	4.4%
Current ratio	1.26×	1.16×	0.96×	0.99×	1.05×	1.62×	1.91×	1.96×
Debt / equity	1.56×	1.42×	1.21×	0.97×	0.79×	0.21×	0.23×	0.13×
Interest coverage	0.91×	-0.02×	0.31×	0.39×	-1.56×	1.72×	2.67×	7.65×
Dividend yield	4.5%	5.7%	2.2%	1.5%	1.7%	1.6%	1.2%	1.0%
Payout ratio	-105.1%	-55.5%	-90.6%	-189.7%	-48.9%	-77.1%	-100.7%	54.8%

Key metrics by fiscal year

Metric	FY2025	FY2024	FY2023	FY2022	FY2021	FY2020	FY2019	FY2018
Return on equity	-3.4%	-5.4%	-2.7%	-1.0%	-3.7%	-2.2%	-1.6%	2.8%
Return on invested capital	2.6%	-0.0%	0.6%	0.5%	-1.0%	-7.3%	0.4%	4.1%
Return on assets	-0.9%	-1.5%	-0.8%	-0.3%	-1.4%	-1.3%	-1.0%	1.8%
Free cash flow yield	12.6%	6.6%	-8.5%	-8.2%	-4.0%	0.8%	1.7%	-6.1%
Earnings yield	-4.3%	-10.3%	-2.4%	-0.8%	-3.5%	-2.1%	-1.2%	1.7%
Enterprise value	$924.7M	$877.9M	$1.2B	$1.2B	$1B	$697.3M	$878M	$1B
Net debt / EBITDA	3.65×	4.29×	3.58×	3.19×	4.05×	0.35×	-0.07×	-0.68×
Cash conversion cycle (days)	-134	-117	-109	-104	-134	-133	-102	-114