Bedrijfsoverzicht
Anterix Inc. is dedicated to the commercialization of spectrum assets, a process that enables targeted utility and critical infrastructure customers to deploy private broadband networks and specialized solutions. The company operates within the Communication Services sector, specifically functioning in the Telecom Services industry, where it manages the deployment and management of wireless infrastructure for specialized clients. This entity employs a workforce of 83 individuals and holds a market capitalization of $672.32M, with reported annual revenue of $5.93M over the trailing twelve months. The disparity between its substantial market capitalization and its relatively modest annual revenue of $5.93M indicates that the market values the company based on its spectrum assets and potential future utility rather than current cash flow generation.
Financiële gezondheid
Anterix Inc. reported a net income of $81.32M for the trailing twelve months, creating a significant divergence from its total revenue of $5.93M, which reveals an unusual cost structure where accounting profits vastly exceed income generation capabilities. The company's EBITDA stands at $-41,291,000, highlighting that while accounting profits are recorded, the company has not generated enough earnings before interest, taxes, depreciation, and amortization to cover its operational cash burn. Free cash flow is reported at $-36,365,000, indicating that the company is currently consuming cash rather than generating liquidity, which limits its immediate financial flexibility for organic expansion without external financing. The gross margin is listed at 100.0%, suggesting that the revenue recognition model does not attribute cost of goods sold to the reported line item, while the operating margin is -618.6% and profit margin is 1370.9%, reflecting the specific accounting treatment of its spectrum business model. On the liquidity front, the company holds $29.53M in cash against $4.64M in total debt, resulting in a debt-to-equity ratio of 1.97, which suggests a balance sheet that carries leverage despite holding significant cash reserves. The current ratio of 1.39 indicates that the company's current assets are sufficient to cover its current liabilities, providing a baseline for short-term solvency. Return on Equity is 42.7% while Return on Assets is -7.0%, a combination that reveals management is generating high accounting returns on equity but is simultaneously destroying value relative to the total asset base employed.
Waarderingsbeoordeling
The trailing P/E ratio is 8.25, while the forward P/E is -48.50, implying that the market expects future earnings to turn negative or that current high earnings are not sustainable based on forward-looking projections. The price-to-book ratio stands at 2.83, indicating that the stock is trading at a significant premium over its net tangible book value. The price-to-sales ratio is 113.34, and the EV/EBITDA is -15.68, suggesting that traditional valuation multiples are skewed by the company's unique accounting profile and negative earnings trajectory. Regarding price action, the 52-week high is $43.45 and the 52-week low is $17.58, meaning the current share price sits within a range that reflects recent volatility. The beta value of 0.70 indicates that the stock's price volatility is lower than the broader market, suggesting it may be less sensitive to general market swings.
Growth & Income
Anterix Inc. experienced revenue growth of 0.4% year-over-year, while earnings growth is marked as N/A, indicating that the company is not currently expanding its earnings base at a rate that outpaces its revenue stability. As a non-dividend payer, the company reports a dividend yield of N/A and a payout ratio of 0.0%, meaning it retains all earnings rather than distributing them to shareholders. This financial profile suggests the company prioritizes retaining capital, likely to fund operations or strategic initiatives related to its spectrum assets rather than providing regular income to investors. The overall growth and income profile is characterized by stable but minimal revenue expansion and a complete absence of dividend distributions, reflecting a capital-intensive business model focused on long-term asset deployment rather than immediate shareholder returns.