AT&T Inc. (T)

DCF Valuation · Communication Services · Telecom Services

Valuation as at 2026-08-14 · see also the S&P 500 Most Undervalued screen

About AT&T Inc.

AT&T Inc. provides telecommunications and technology services worldwide. It operates through two segments, Communications and Latin America.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

AT&T Inc. T

Communication Services · Telecom Services

Price
$24.58
Market Cap
$168.43B
Free Cash Flow
$10.14B
Beta
0.42
P/E (TTM)
8.0x
52-Week Range
$19.89–$29.79

AT&T Inc.'s price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-14

Share price · last 2 years

$24.58 +24% vs 2024-08
S&P 500 $19.90$23.73$28.94$26.02$26.13$24.58 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

$0.66 +6% vs Q2 '25
$0.62$1.29$0.53$0.54$0.66Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Free cash flow Per quarter

$5.17B +6% vs Q2 '25
$4.87B$5.26B$4.54B$2.68B$5.17BQ2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Dividend per share Per quarter

$0.28 +0% vs Q2 '25
$0.28$0.28$0.28$0.28$0.28Q2 '25Q3 '25Q4 '25Q1 '26Q2 '26

Value investing scale · Buffett · Dalio · Graham

Strong Fit
13 / 20 combined score

See the full Buffett, Dalio & Graham breakdown for T →

Intrinsic value estimate · 5-year forecast

BEAR
$10.35
vs current $24.58
-57.9% ❌ Overvalued
BASE
$23.12
vs current $24.58
-5.9% ⚠️ Fairly Valued
BULL
$46.17
vs current $24.58
+87.8% ✅ Undervalued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
$10.14B
Reported free cash flow (Yahoo)
Risk-free rate
4.68% ● LIVE
Live 10-yr govt bond
Beta
0.42
Direct from Yahoo
Equity risk premium
5.50%
Market-specific seed
Cost of debt
6.93%
Synthetic rating BB+, ICR 3.7x
Tax rate
25.00%
Estimated default
Capital structure
E 50% / D 50%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth2.1%4.3%6.4%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)7.09%6.09%5.09%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 4.68% + 0.42 × 5.50% = 6.98% · WACC = weighted by 50%/50% capital structure

These numbers come from running AT&T Inc.'s cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or T's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with T →

More S&P 500 stocks we've valued

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-14 from Yahoo Finance data, using the same engine as the full DCF tool and the S&P 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is AT&T Inc. (T) undervalued?

The Base-case DCF estimates intrinsic value at $23.12 vs a price of $24.58 on 2026-08-14 — a -5.9% margin, so the Base case reads fairly valued. This is a mechanical output, not advice.