Valuation SBA Communications Corporation

Equities

Market Closed - Nasdaq Other stock markets 21:00:00 22/01/2026 GMT			5-day change	1st Jan Change
185.29 ^USD	-0.45%		-3.52%	-4.21%

01-20	UBS Adjusts Price Target on SBA Communications to $260 From $275, Maintains Buy Rating	MT
01-16	Goldman Sachs Adjusts Price Target on SBA Communications to $200 From $220, Maintains Neutral Rating	MT

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	31,349	42,318	30,264	27,370	21,913	19,832	19,832	-
Change	-	34.99%	-28.48%	-9.56%	-19.94%	-9.5%	0%	-
Enterprise Value (EV) ¹	42,136	54,254	43,029	39,510	33,935	32,688	32,673	32,804
Change	-	28.76%	-20.69%	-8.18%	-14.11%	-3.67%	-0.04%	0.4%
P/E ratio	1,343x	182x	66.4x	55x	29.4x	19.2x	21.6x	21x
PBR	-6.42x	-8.02x	-5.74x	-5.3x	-4.29x	-4.14x	-4.13x	-4.01x
PEG	-	0x	0.7x	5.95x	0.6x	0.5x	-1.9x	6.96x
Capitalization / Revenue	15x	18.3x	11.5x	10.1x	8.18x	7.03x	6.93x	6.8x
EV / Revenue	20.2x	23.5x	16.3x	14.6x	12.7x	11.6x	11.4x	11.2x
EV / EBITDA	28.2x	33.8x	24.3x	20.9x	17.9x	17x	16.6x	16.3x
EV / EBIT	66.5x	69.3x	46.5x	42.8x	23.6x	23.2x	21.6x	21.1x
EV / FCF	42.2x	46.4x	39x	30.2x	30.7x	97.4x	27.9x	26.9x
FCF Yield	2.37%	2.16%	2.56%	3.31%	3.26%	1.03%	3.59%	3.72%
Dividend per Share ²	1.975	2.32	2.84	3.4	3.92	4.42	4.998	5.642
Rate of return	0.7%	0.6%	1.01%	1.34%	1.92%	2.37%	2.68%	3.03%
EPS ²	0.21	2.14	4.22	4.61	6.94	9.703	8.621	8.881
Distribution rate	940%	108%	67.3%	73.8%	56.5%	45.6%	58%	63.5%
Net sales ¹	2,083	2,309	2,633	2,712	2,680	2,819	2,860	2,918
EBITDA ¹	1,493	1,606	1,769	1,894	1,894	1,921	1,967	2,014
EBIT ¹	633.7	782.5	925.4	923.7	1,436	1,410	1,511	1,551
Net income ¹	24.1	237.6	461.4	501.8	749.5	1,030	919.5	913
Net Debt ¹	10,787	11,935	12,765	12,140	12,022	12,856	12,842	12,973
Reference price ²	282.13	389.02	280.31	253.69	203.80	186.13	186.13	186.13
Nbr of stocks (in thousands)	111,115	108,781	107,966	107,887	107,523	106,547	106,547	-
Announcement Date	22/02/21	28/02/22	21/02/23	26/02/24	24/02/25	-	-	-

¹USD in Million²USD

Estimates

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
SBA COMMUNICATIONS CORPORATION	19.18x	11.6x	17.02x	2.37%	19.83B
AMERICAN TOWER CORPORATION	34.65x	11.21x	16.89x	3.82%	83.41B
EQUINIX, INC.	53.81x	10.3x	20.92x	2.36%	78.11B
DIGITAL REALTY TRUST, INC.	43.47x	11.64x	21.28x	3.08%	54.62B
CROWN CASTLE INC.	99.06x	14.63x	21.86x	5.45%	37.96B
IRON MOUNTAIN INCORPORATED	153.89x	6.38x	17.15x	3.43%	27.73B
LAMAR ADVERTISING COMPANY	22.49x	7.32x	15.6x	4.76%	13.37B
OUTFRONT MEDIA INC.	34.49x	3.69x	13.57x	5.43%	4.24B
Average	57.63x	9.60x	18.04x	3.84%	39.91B
Weighted average by Cap.	57.39x	10.81x	19.15x	3.47%