Loading...

We've got a brand new version of Simply Wall St! Try it out

Anterix

Nasdaq:ATEX
Snowflake Description

Excellent balance sheet and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
ATEX
Nasdaq
$752M
Market Cap
  1. Home
  2. US
  3. Telecom
Company description

Anterix Inc. operates as a wireless communications company. The last earnings update was 6 days ago. More info.


Add to Portfolio Compare Print
ATEX Share Price and Events
7 Day Returns
2.8%
NasdaqCM:ATEX
-0.1%
US Telecom
0.8%
US Market
1 Year Returns
9.5%
NasdaqCM:ATEX
12.9%
US Telecom
11%
US Market
ATEX Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Anterix (ATEX) 2.8% 7.1% 17.1% 9.5% 80% -
US Telecom -0.1% 2.5% 10.3% 12.9% 12.7% 5.5%
US Market 0.8% 4.3% 6.1% 11% 40.2% 45%
1 Year Return vs Industry and Market
  • ATEX underperformed the Telecom industry which returned 12.9% over the past year.
  • ATEX underperformed the Market in United States of America which returned 11% over the past year.
Price Volatility
ATEX
Industry
5yr Volatility vs Market

ATEX Value

 Is Anterix undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Anterix to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Anterix.

NasdaqCM:ATEX Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Average of 2 Analyst Estimates (S&P Global) See below
Discount Rate (Cost of Equity) See below 7.5%
Perpetual Growth Rate 10-Year US Government Bond Rate 2.7%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NasdaqCM:ATEX
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year US Govt Bond Rate 2.7%
Equity Risk Premium S&P Global 6%
Telecom Unlevered Beta Simply Wall St/ S&P Global 0.38
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.378 (1 + (1- 21%) (1.27%))
0.585
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 2.73% + (0.8 * 5.96%)
7.5%

Discounted Cash Flow Calculation for NasdaqCM:ATEX using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Anterix is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.

Note: Free cash flow to equity valuations ignore the company's cash or debt.

NasdaqCM:ATEX DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (USD, Millions) Source Present Value
Discounted (@ 7.5%)
2020 -41.30 Analyst x2 -38.42
2021 -45.79 Analyst x3 -39.63
2022 -1.49 Analyst x1 -1.20
2023 40.02 Analyst x1 29.97
2024 71.68 Analyst x1 49.93
2025 98.37 Est @ 37.24% 63.75
2026 124.82 Est @ 26.89% 75.24
2027 149.33 Est @ 19.64% 83.74
2028 171.09 Est @ 14.57% 89.25
2029 189.93 Est @ 11.02% 92.17
Present value of next 10 years cash flows $404.00
NasdaqCM:ATEX DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2029 × (1 + g) ÷ (Discount Rate – g)
= $189.93 × (1 + 2.73%) ÷ (7.5% – 2.73%)
$4,092.21
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= $4,092.21 ÷ (1 + 7.5%)10
$1,985.89
NasdaqCM:ATEX Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= $404.00 + $1,985.89
$2,389.89
Equity Value per Share
(USD)
= Total value / Shares Outstanding
= $2,389.89 / 17.13
$139.54
NasdaqCM:ATEX Discount to Share Price
Calculation Result
Value per share (USD) From above. $139.54
Current discount Discount to share price of $43.91
= -1 x ($43.91 - $139.54) / $139.54
68.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

Current Discount
Amount off the current price Anterix is available for.
Intrinsic value
>50%
Share price is $43.91 vs Future cash flow value of $139.54
Current Discount Checks
For Anterix to be considered undervalued it must be available for at least 20% below the current price. Less than 40% is even better.
  • Anterix's share price is below the future cash flow value, and at a moderate discount (> 20%).
  • Anterix's share price is below the future cash flow value, and at a substantial discount (> 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Anterix's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Anterix's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NasdaqCM:ATEX PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-09-30) in USD $-2.31
NasdaqCM:ATEX Share Price ** NasdaqCM (2019-11-11) in USD $43.91
United States of America Telecom Industry PE Ratio Median Figure of 16 Publicly-Listed Telecom Companies 16.42x
United States of America Market PE Ratio Median Figure of 2,909 Publicly-Listed Companies 18.22x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Anterix.

NasdaqCM:ATEX PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NasdaqCM:ATEX Share Price ÷ EPS (both in USD)

= 43.91 ÷ -2.31

-19.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Anterix is loss making, we can't compare its value to the US Telecom industry average.
  • Anterix is loss making, we can't compare the value of its earnings to the United States of America market.
Price based on expected Growth
Does Anterix's expected growth come at a high price?
Raw Data
NasdaqCM:ATEX PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -19.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts
-47%per year
United States of America Telecom Industry PEG Ratio Median Figure of 8 Publicly-Listed Telecom Companies 2.09x
United States of America Market PEG Ratio Median Figure of 2,014 Publicly-Listed Companies 1.47x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Anterix, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Anterix's assets?
Raw Data
NasdaqCM:ATEX PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-09-30) in USD $15.33
NasdaqCM:ATEX Share Price * NasdaqCM (2019-11-11) in USD $43.91
United States of America Telecom Industry PB Ratio Median Figure of 31 Publicly-Listed Telecom Companies 1.4x
United States of America Market PB Ratio Median Figure of 5,043 Publicly-Listed Companies 1.74x
NasdaqCM:ATEX PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NasdaqCM:ATEX Share Price ÷ Book Value per Share (both in USD)

= 43.91 ÷ 15.33

2.86x

* Primary Listing of Anterix.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Anterix is overvalued based on assets compared to the US Telecom industry average.
X
Value checks
We assess Anterix's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Telecom industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Telecom industry average (and greater than 0)? (1 check)
  5. Anterix has a total score of 2/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

ATEX Future Performance

 How is Anterix expected to perform in the next 1 to 3 years based on estimates from 2 analysts?

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
-47%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Anterix expected to grow at an attractive rate?
  • Unable to compare Anterix's earnings growth to the low risk savings rate as it is expected to be loss making during the next 1-3 years.
Growth vs Market Checks
  • Unable to compare Anterix's earnings growth to the United States of America market average as it is expected to be loss making during the next 1-3 years.
  • Anterix's revenue growth is expected to exceed the United States of America market average.
Annual Growth Rates Comparison
Raw Data
NasdaqCM:ATEX Future Growth Rates Data Sources
Data Point Source Value (per year)
NasdaqCM:ATEX Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 2 Analysts -47%
NasdaqCM:ATEX Future Revenue Growth Rate Line of Best Fit* through Consensus Estimate Revenue of 2 Analysts 91.1%
United States of America Telecom Industry Earnings Growth Rate Market Cap Weighted Average 9.4%
United States of America Telecom Industry Revenue Growth Rate Market Cap Weighted Average 1.1%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 14.2%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.2%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NasdaqCM:ATEX Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NasdaqCM:ATEX Future Estimates Data
Date (Data in USD Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2024-03-31 77
2023-03-31 47
2022-03-31 26 6 1
2021-03-31 8 -63 -74 2
2020-03-31 2 -46 -52 2
2019-11-12
NasdaqCM:ATEX Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-09-30 4 -25 -35
2019-06-30 5 -25 -39
2019-03-31 6 -23 -42
2018-12-31 7 -22 -41
2018-09-30 7 -23 -33
2018-06-30 7 -23 -29
2018-03-31 6 -22 -25
2017-12-31 6 -23 -30
2017-09-30 6 -23 -37
2017-06-30 5 -23 -37
2017-03-31 5 -27 -39
2016-12-31 4 -26 -32

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Anterix is not considered high growth as it is expected to be loss making for the next 1-3 years.
  • Anterix's revenue is expected to grow significantly at over 20% yearly.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NasdaqCM:ATEX Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below

All data from Anterix Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:ATEX Future Estimates Data
Date (Data in USD Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31
2021-03-31
2020-03-31
2019-11-12
NasdaqCM:ATEX Past Financials Data
Date (Data in USD Millions) EPS *
2019-09-30 -2.31
2019-06-30 -2.67
2019-03-31 -2.88
2018-12-31 -2.81
2018-09-30 -2.25
2018-06-30 -2.00
2018-03-31 -1.70
2017-12-31 -2.09
2017-09-30 -2.59
2017-06-30 -2.57
2017-03-31 -2.72
2016-12-31 -2.22

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Anterix will efficiently use shareholders’ funds in the future (Return on Equity greater than 20%) as it is not expected to be profitable.
X
Future performance checks
We assess Anterix's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Anterix has a total score of 2/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

ATEX Past Performance

  How has Anterix performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Anterix's growth in the last year to its industry (Telecom).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Anterix does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Anterix's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Anterix's 1-year growth to the US Telecom industry average as it is not currently profitable.
Earnings and Revenue History
Anterix's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Anterix Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NasdaqCM:ATEX Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-09-30 3.68 -35.00 30.23 1.25
2019-06-30 5.08 -39.07 30.90 1.26
2019-03-31 6.50 -41.99 30.40 1.21
2018-12-31 6.97 -40.79 30.26 1.53
2018-09-30 7.07 -32.54 30.01 1.47
2018-06-30 6.76 -28.96 29.36 1.54
2018-03-31 6.36 -24.57 28.73 1.45
2017-12-31 5.84 -30.22 27.13 1.85
2017-09-30 5.58 -37.41 26.31 1.80
2017-06-30 5.21 -37.04 26.31 1.80
2017-03-31 4.79 -39.19 28.71 1.82
2016-12-31 4.47 -31.95 28.04 1.67
2016-09-30 4.08 -29.90 26.73 1.48
2016-06-30 3.75 -27.53 25.51 1.19
2016-03-31 3.54 -21.83 21.08 0.92
2015-12-31 3.41 -20.64 20.86 1.23
2015-09-30 3.30 -18.92 19.76 1.11
2015-06-30 3.18 -16.48 17.22 0.95
2015-03-31 3.17 -14.71 15.47 0.80
2014-12-31 3.26 -9.44 10.14 0.81
2014-09-30 3.36 -6.18 6.89 0.78
2014-06-30 3.42 -3.46 4.57 0.82
2014-03-31 3.54 -1.21 2.48 0.82
2013-03-31 2.76 -1.24 2.29 0.60

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Anterix has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Anterix has efficiently used its assets last year compared to the US Telecom industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Anterix improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Anterix's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Telecom industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Anterix has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

ATEX Health

 How is Anterix's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Anterix's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Anterix is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Anterix's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Anterix's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Anterix has no debt, it does not need to be covered by short term assets.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Anterix Company Filings, last reported 1 month ago.

NasdaqCM:ATEX Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-09-30 262.48 0.00 157.49
2019-06-30 174.54 0.00 69.02
2019-03-31 180.76 0.00 76.72
2018-12-31 188.23 0.00 82.35
2018-09-30 193.38 0.00 85.64
2018-06-30 200.71 0.00 90.94
2018-03-31 208.53 0.00 98.32
2017-12-31 215.43 0.50 104.24
2017-09-30 214.52 0.50 110.54
2017-06-30 221.24 0.50 115.54
2017-03-31 227.90 0.50 124.08
2016-12-31 240.65 0.99 130.69
2016-09-30 246.74 0.99 136.96
2016-06-30 253.50 0.99 143.18
2016-03-31 262.19 0.99 153.46
2015-12-31 267.58 1.29 160.68
2015-09-30 271.68 0.00 169.28
2015-06-30 276.00 0.00 175.85
2015-03-31 214.21 0.00 119.87
2014-12-31 216.12 0.00 122.73
2014-09-30 218.24 0.00 125.27
2014-06-30 197.30 3.45 6.95
2014-03-31 -4.21 3.41 0.05
2013-03-31 -3.08 2.70 0.19
  • Anterix has no debt.
  • Anterix currently has no debt however we can't compare to 5 years ago as we have no data for that period.
CASH RUNWAY ANALYSIS

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

  • Anterix has sufficient cash runway for more than 3 years based on current free cash flow.
  • Unable to confirm if Anterix has at least 1 year of cash runway based on growing free cash flows without relevant data.
X
Financial health checks
We assess Anterix's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Anterix has a total score of 5/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

ATEX Dividends

 What is Anterix's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Anterix dividends.
If you bought $2,000 of Anterix shares you are expected to receive $0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Anterix's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Anterix's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NasdaqCM:ATEX Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 2 Analyst Estimates (S&P Global) See Below
United States of America Telecom Industry Average Dividend Yield Market Cap Weighted Average of 9 Stocks 4.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 1942 Stocks 2.4%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.4%
United States of America Top 25% Dividend Yield 75th Percentile 3.7%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NasdaqCM:ATEX Future Dividends Estimate Data
Date (Data in $) Dividend per Share (annual) Avg. No. Analysts
2024-03-31
2023-03-31
2022-03-31
2021-03-31
2020-03-31
2019-11-12

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Anterix has not reported any payouts.
  • Unable to verify if Anterix's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Anterix's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Anterix has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Anterix's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Anterix afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Anterix has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

ATEX Management

 What is the CEO of Anterix's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Morgan O'Brien
COMPENSATION $1,119,416
AGE 74
TENURE AS CEO 1.6 years
CEO Bio

Mr. Morgan E. O'Brien has been the Chief Executive Officer of Pacific DataVision, Inc. d/b/a pdvWireless, Inc. since April 23, 2018. Mr. O'Brien Co-founded Cyren Call Communications Corp. in 2006 and served as its Chairman. Since January 2009, Mr. O’Brien has served as an Independent Consultant to several wireless start-ups. Mr. O'Brien served as Special Advisor of GTT Communications, Inc. (formerly Global Telecom & Technology, Inc. and Mercator Partners Acquisition Corp) from January 2005 to October 2006. He served at Cyren Call Communications Inc. until January 2009. Mr. O'Brien co-founded Nextel (Fleet Call) in 1987 and served as its General Counsel from 1987 to 1994. He served with Jones, Day, Reavis & Pogue. From January 1986 to January 1990, Mr. O'Brien was a Partner-in-charge of its telecommunications practice. He served as a Consultant to Jones, Day, Reavis & Pogue from January 1990 to October 1991. From June 1979 to April 1987, Mr. O'Brien was in private legal practice and represented major specialized mobile radio operators in proceedings before the Federal Communications Commission. From October 1970 to June 1979, he served in a variety of legal and managerial positions with the FCC in the areas of private radio and radio common carrier administration. Mr. O'Brien began his career as a Lawyer with the Mobile Services Division of the FCC in 1970, where he assisted in establishing the rules and procedures for all land mobile services. He serves as Chairman and Member of Advisory Board of SquareLoop, Inc. Mr. O'Brien serves as Chairman of the Board of Trustees of The Field School in Washington, DC. From 1987 to March 1996, he served as Chairman of board of Directors of Nextel Communications Inc., which he co-founded in 1987. Mr. O’Brien led the creation of the first all-digital nationwide wireless network (the Nextel National Network) and brought push-to-talk (“PTT”) communication to the mass business and consumer market. He has expertise in FCC licensing and compliance matters. He has experience in successfully developing regulatory driven spectrum initiatives to address the unmet wireless communications needs of businesses. Mr. O'Brien served as Vice Chairman of pdvWireless, Inc. from May 2014 to April 23, 2018 and has been its Director since April 2012. He served as a Vice Chairman of Nextel Communications, Inc. from March 1996 to 2005 and served as its Director since 1987. Mr. O'Brien served as an Independent Director at GTT Communications, Inc. from October 2006 to June 2017. He serves as a Director of OmniSpeech, LLC. Mr. O'Brien serves as a Member of the law board of Northwestern University School of Law and Trustee of St. Anselm's Abbey School of Washington, DC. He served as a Director of WilTel Communications Group Inc. since 2001. Mr. O’Brien has also served on a number of boards of other public companies including Sprint and Williams Telecommunications. He also serves on the board of several private companies and charitable organizations. Mr. O'Brien was honored by RCR Wireless News and inducted into the Washington Business Hall of Fame in 2005 and Wireless History Foundation Hall of Fame in 2001. He was recognized in 1987 as New Jersey Entrepreneur of the Year and in 1993 & 2006 he was voted the RCR Person of the Year. He was named by Fierce Wireless as “one of the top U.S. wireless innovators of all time.” In 2007 Mr. O'Brien was named a Fellow of the Radio Club of America. In 2016, Mr. O’Brien was awarded the Armstrong Medal, the highest award of the Radio Club of America, for demonstrated excellence and lasting contributions to radio arts and sciences. He received an A.B. in Classical Studies from Georgetown University and a J.D./law degree from Northwestern University.

CEO Compensation
  • Morgan's compensation has increased whilst company is loss making.
  • Morgan's remuneration is lower than average for companies of similar size in United States of America.
Management Team Tenure

Average tenure and age of the Anterix management team in years:

5.4
Average Tenure
61
Average Age
  • The average tenure for the Anterix management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

Morgan O'Brien

TITLE
CEO & Director
COMPENSATION
$1M
AGE
74
TENURE
1.6 yrs

Rob Schwartz

TITLE
President & COO
COMPENSATION
$3M
AGE
53
TENURE
1.5 yrs

Tim Gray

TITLE
Chief Financial Officer
COMPENSATION
$787K
AGE
49
TENURE
5.4 yrs

Frank Creede

TITLE
Chief Technical Officer
COMPENSATION
$175K
AGE
61
TENURE
16.8 yrs

Natasha Vecchiarelli

TITLE
Director of Corporate Communications

Harvey Frazier

TITLE
Chief Sales & Marketing Officer
AGE
72
TENURE
5.4 yrs

Laura Politi

TITLE
Vice President of Human Resources
TENURE
5.4 yrs

Elaine Gangeri

TITLE
VP & Corporate Controller

Dan Starr

TITLE
Vice President of Central & South Regions
Board of Directors Tenure

Average tenure and age of the Anterix board of directors in years:

1.4
Average Tenure
62
Average Age
  • The average tenure for the Anterix board of directors is less than 3 years, this suggests a new board.
Board of Directors

Brian McAuley

TITLE
Chairman of the Board
COMPENSATION
$2M
AGE
78
TENURE
15.3 yrs

Morgan O'Brien

TITLE
CEO & Director
COMPENSATION
$1M
AGE
74
TENURE
7.6 yrs

T. Akers

TITLE
Independent Director
COMPENSATION
$158K
AGE
62
TENURE
5.4 yrs

Mark Hennessy

TITLE
Lead Independent Director
COMPENSATION
$178K
AGE
61
TENURE
1.4 yrs

Singleton McAllister

TITLE
Independent Director
COMPENSATION
$128K
AGE
66
TENURE
1.3 yrs

Paul Saleh

TITLE
Independent Director
COMPENSATION
$140K
AGE
62
TENURE
2.9 yrs

Rachelle Chong

TITLE
Independent Director
COMPENSATION
$122K
AGE
59
TENURE
1.3 yrs

Greg Cominos

TITLE
Independent Director
COMPENSATION
$122K
AGE
55
TENURE
1.3 yrs

Greg Haller

TITLE
Independent Director
COMPENSATION
$90K
AGE
52
TENURE
1 yrs
Who owns this company?
Recent Insider Trading
  • Anterix individual insiders have only sold shares in the past 3 months.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
07. Nov 19 Sell Cerberus Capital Management, L.P. Company 11. Oct 19 07. Nov 19 -290,526 $45.40 $-12,084,627
30. Oct 19 Buy Owl Creek Asset Management, L.P. Company 28. Oct 19 28. Oct 19 73,900 $40.50 $2,991,849
24. Oct 19 Buy Owl Creek Asset Management, L.P. Company 22. Oct 19 24. Oct 19 16,281 $39.00 $632,876
21. Oct 19 Buy Owl Creek Asset Management, L.P. Company 17. Oct 19 18. Oct 19 21,329 $38.94 $828,902
16. Oct 19 Buy Owl Creek Asset Management, L.P. Company 11. Oct 19 16. Oct 19 143,582 $40.50 $5,760,171
15. Oct 19 Sell Stephen Feinberg Individual 11. Oct 19 11. Oct 19 -115,000 $40.50 $-4,657,500
10. Oct 19 Buy Owl Creek Asset Management, L.P. Company 08. Oct 19 10. Oct 19 26,439 $38.12 $989,121
03. Sep 19 Sell Cerberus Capital Management, L.P. Company 30. Aug 19 30. Aug 19 -1,000,000 $43.50 $-43,500,000
09. Oct 19 Buy Owl Creek Asset Management, L.P. Company 08. Oct 19 08. Oct 19 9,000 $37.23 $333,217
07. Oct 19 Buy Owl Creek Asset Management, L.P. Company 03. Oct 19 07. Oct 19 16,267 $37.98 $615,949
30. Sep 19 Buy Owl Creek Asset Management, L.P. Company 26. Sep 19 30. Sep 19 28,833 $35.58 $1,022,195
20. Sep 19 Buy Owl Creek Asset Management, L.P. Company 18. Sep 19 20. Sep 19 6,700 $39.47 $262,707
17. Sep 19 Buy Owl Creek Asset Management, L.P. Company 13. Sep 19 17. Sep 19 49,715 $39.44 $1,959,051
12. Sep 19 Buy Owl Creek Asset Management, L.P. Company 10. Sep 19 12. Sep 19 76,883 $40.37 $3,017,435
30. Aug 19 Buy Owl Creek Asset Management, L.P. Company 30. Aug 19 30. Aug 19 1,000,000 $43.50 $43,500,000
21. Aug 19 Buy Owl Creek Asset Management, L.P. Company 20. Aug 19 20. Aug 19 17,000 $41.99 $713,830
07. Aug 19 Buy Owl Creek Asset Management, L.P. Company 02. Aug 19 06. Aug 19 76,681 $43.72 $3,346,890
01. Aug 19 Buy Owl Creek Asset Management, L.P. Company 30. Jul 19 01. Aug 19 96,861 $44.91 $4,307,219
29. Jul 19 Buy Owl Creek Asset Management, L.P. Company 25. Jul 19 29. Jul 19 41,300 $45.00 $1,854,342
24. Jul 19 Buy Owl Creek Asset Management, L.P. Company 22. Jul 19 24. Jul 19 83,171 $45.00 $3,676,124
24. Jul 19 Buy Owl Creek Asset Management, L.P. Company 17. Jul 19 19. Jul 19 428,626 $45.00 $19,253,430
05. Jun 19 Sell Cerberus Capital Management, L.P. Company 31. May 19 04. Jun 19 -139,413 $48.78 $-6,728,803
31. May 19 Sell Cerberus Capital Management, L.P. Company 28. May 19 30. May 19 -477,602 $50.75 $-23,833,108
14. Jun 19 Sell Cerberus Capital Management, L.P. Company 11. Jun 19 13. Jun 19 -72,843 $49.00 $-3,565,619
29. May 19 Sell Brian McAuley Individual 24. May 19 24. May 19 -36,000 $50.53 $-1,809,470
X
Management checks
We assess Anterix's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Anterix has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

ATEX News

Simply Wall St News

ATEX Company Info

Description

Anterix Inc. operates as a wireless communications company. The company focuses on enabling private broadband connectivity for critical infrastructure and enterprise businesses. It holds licensed spectrum in the 900 MHz band with nationwide coverage throughout the United States, Hawaii, Alaska, and Puerto Rico. The company was formerly known as pdvWireless, Inc. and changed its name to Anterix Inc. in August 2019. Anterix Inc. was incorporated in 1997 and is headquartered in Woodland Park, New Jersey.

Details
Name: Anterix Inc.
ATEX
Exchange: NasdaqCM
Founded: 1997
$752,020,136
17,126,398
Website: http://www.anterix.com
Address: Anterix Inc.
3 Garret Mountain Plaza,
Suite 401,
Woodland Park,
New Jersey, 07424,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NasdaqCM ATEX Common Stock Nasdaq Capital Market US USD 04. Feb 2015
BST 2X6 Common Stock Boerse-Stuttgart DE EUR 04. Feb 2015
Number of employees
Current staff
Staff numbers
58
Anterix employees.
Industry
Alternative Carriers
Telecom
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/11/12 00:33
End of day share price update: 2019/11/11 00:00
Last estimates confirmation: 2019/11/11
Last earnings filing: 2019/11/06
Last earnings reported: 2019/09/30
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.