(ATEX) Anterix - Overview

Sector: Communication Services | Industry: Telecom Services | Exchange: NASDAQ (USA) | Market Cap: 716m USD | Total Return: 6.7% in 12m

Stock Spectrum, CatalyX, Security, Rural
Total Rating 33
Risk 30
Buy Signal 0.64
Telecom Services -1.3
Wireless Telecommunication Services -7.0
Market Cap: 716m
Avg Trading Vol: 10.8M USD
ATR: 6.19%
Peers RS (IBD): 90.6
Risk 5d forecast
Volatility48.4%
Rel. Tail Risk-15.3%
Reward TTM
Sharpe Ratio0.23
Alpha-7.03
Character TTM
Beta0.677
Beta Downside1.824
Drawdowns 3y
Max DD57.35%
CAGR/Max DD0.08
EPS (Earnings per Share) EPS (Earnings per Share) of ATEX over the last years for every Quarter: "2021-03": -0.62, "2021-06": -0.67, "2021-09": -0.67, "2021-12": -0.69, "2022-03": -0.6, "2022-06": -0.71, "2022-09": -0.56, "2022-12": -0.42, "2023-03": 0.82, "2023-06": -0.11, "2023-09": -0.27, "2023-12": 0.02, "2024-03": -0.51, "2024-06": -0.84, "2024-09": -0.69, "2024-12": 0.41, "2025-03": 0.49, "2025-06": 1.35, "2025-09": 2.86, "2025-12": -0.35, "2026-03": 0,
EPS CAGR: 53.14%
EPS Trend: 43.9%
Last SUE: 0.42
Qual. Beats: 0
Revenue Revenue of ATEX over the last years for every Quarter: 2021-03: 0.181, 2021-06: 0.182, 2021-09: 0.182, 2021-12: 0.385, 2022-03: 0.335, 2022-06: 0.335, 2022-09: 0.398, 2022-12: 0.578, 2023-03: 0.608, 2023-06: 0.608, 2023-09: 1.052, 2023-12: 1.271, 2024-03: 1.26, 2024-06: 1.525, 2024-09: 1.551, 2024-12: 1.566, 2025-03: 1.389, 2025-06: 1.418, 2025-09: 1.552, 2025-12: 1.573, 2026-03: null,
Rev. CAGR: 51.05%
Rev. Trend: 91.6%
Last SUE: 0.57
Qual. Beats: 0
Description: ATEX Anterix March 01, 2026

Anterix Inc. (NASDAQ: ATEX) commercializes federally licensed 900 MHz spectrum across the contiguous United States, Hawaii, Alaska and Puerto Rico, offering a platform-CatalyX-plus security services and rural broadband solutions aimed at utilities and critical-infrastructure customers seeking private broadband networks.

Recent metrics show ATEX generated $12.4 million in revenue for the latest quarter, with cash and cash equivalents of $78 million, reflecting a strong balance sheet amid ongoing FCC spectrum auctions. The company benefits from the accelerating demand for private LTE/5G in the utility sector and from U.S. infrastructure funding that targets rural broadband expansion-both key drivers of its growth outlook.

For a deeper dive into ATEX’s valuation, you might explore ValueRay’s analyst tools.

Headlines to Watch Out For
  • Utility sector adoption of private broadband networks drives revenue
  • Regulatory approval for 900 MHz spectrum usage critical for growth
  • Competition from alternative private network solutions impacts market share
  • Macroeconomic conditions influence utility infrastructure spending
Piotroski VR‑10 (Strict, 0-10) 2.0
Net Income: 81.3m TTM > 0 and > 6% of Revenue
FCF/TA: -0.11 > 0.02 and ΔFCF/TA -8.15 > 1.0
NWC/Revenue: 236.8% < 20% (prev 269.0%; Δ -32.23% < -1%)
CFO/TA -0.06 > 3% & CFO -26.6m > Net Income 81.3m
Net Debt/EBITDA: error (EBITDA <= 0)
Current Ratio: 1.39 > 1.5 & < 3
Outstanding Shares: last quarter (18.7m) vs 12m ago -0.54% < -2%
Gross Margin: error (current vs previous; cannot be calculated due to missing/invalid data or negative margin)
Asset Turnover: 1.60% > 50% (prev 1.81%; Δ -0.21% > 0%)
Interest Coverage Ratio: -0.33 > 6 (EBITDA TTM -41.3m / Interest Expense TTM -126.9m)
Altman Z'' -4.90
A: 0.03 (Total Current Assets 50.1m - Total Current Liabilities 36.0m) / Total Assets 417.0m
B: -0.77 (Retained Earnings -320.8m / Total Assets 417.0m)
C: -0.11 (EBIT TTM -41.7m / Avg Total Assets 371.8m)
D: -1.77 (Book Value of Equity -320.8m / Total Liabilities 181.1m)
Altman-Z'' Score: -4.90 = D
Beneish M -2.78
DSRI: 1.07 (Receivables 8.73m/8.15m, Revenue 5.93m/5.90m)
GMI: 0.91 (GM 97.91% / 88.70%)
AQI: 1.01 (AQ_t 0.87 / AQ_t-1 0.86)
SGI: 1.01 (Revenue 5.93m / 5.90m)
TATA: 0.26 (NI 81.3m - CFO -26.6m) / TA 417.0m)
Beneish M-Score: -2.78 (Cap -4..+1) = A
What is the price of ATEX shares? As of April 02, 2026, the stock is trading at USD 38.19 with a total of 176,702 shares traded.
Over the past week, the price has changed by -3.60%, over one month by +5.13%, over three months by +75.93% and over the past year by +6.71%.
Is ATEX a buy, sell or hold? Anterix has received a consensus analysts rating of 4.67. Therefore, it is recommended to buy ATEX.
  • StrongBuy: 2
  • Buy: 1
  • Hold: 0
  • Sell: 0
  • StrongSell: 0
What are the forecasts/targets for the ATEX price?
ISSUER TARGET UP/DOWN
Wallstreet Target Price 55.3 44.9%
Analysts Target Price 55.3 44.9%
ATEX Fundamental Data Overview March 31, 2026
P/E Trailing = 8.7908
P/S = 120.7596
P/B = 3.1265
Revenue TTM = 5.93m USD
EBIT TTM = -41.7m USD
EBITDA TTM = -41.3m USD
Long Term Debt = 4.64m USD (from capitalLeaseObligations, last quarter)
Short Term Debt = 1.41m USD (from shortTermDebt, last quarter)
Debt = 7.88m USD (from shortLongTermDebtTotal, last quarter)
Net Debt = -30.0m USD (from netDebt column, last quarter)
Enterprise Value = 686.3m USD (716.3m + Debt 7.88m - CCE 37.9m)
Interest Coverage Ratio = -0.33 (Ebit TTM -41.7m / Interest Expense TTM -126.9m)
EV/FCF = -15.16x (Enterprise Value 686.3m / FCF TTM -45.3m)
FCF Yield = -6.60% (FCF TTM -45.3m / Enterprise Value 686.3m)
 FCF Margin = -763.0% (FCF TTM -45.3m / Revenue TTM 5.93m)
 Net Margin = 1.37k% (Net Income TTM 81.3m / Revenue TTM 5.93m)
 Gross Margin = unknown ((Revenue TTM 5.93m - Cost of Revenue TTM 124k) / Revenue TTM)
 Tobins Q-Ratio = 1.65 (Enterprise Value 686.3m / Total Assets 417.0m)
 Interest Expense / Debt = 744.4% (Interest Expense 58.6m / Debt 7.88m)
 Taxrate = 21.0% (US default 21%)
NOPAT = -33.0m (EBIT -41.7m * (1 - 21.00%)) [loss with tax shield]
Current Ratio = 1.39 (Total Current Assets 50.1m / Total Current Liabilities 36.0m)
Debt / Equity = 0.03 (Debt 7.88m / totalStockholderEquity, last quarter 236.0m)
 Debt / EBITDA = 0.73 (negative EBITDA) (Net Debt -30.0m / EBITDA -41.3m)
 Debt / FCF = 0.66 (negative FCF - burning cash) (Net Debt -30.0m / FCF TTM -45.3m)
 Total Stockholder Equity = 204.4m (last 4 quarters mean from totalStockholderEquity)
RoA = 21.87% (Net Income 81.3m / Total Assets 417.0m)
RoE = 39.78% (Net Income TTM 81.3m / Total Stockholder Equity 204.4m)
RoCE = -19.96% (EBIT -41.7m / Capital Employed (Equity 204.4m + L.T.Debt 4.64m))
 RoIC = -16.13% (negative operating profit) (NOPAT -33.0m / Invested Capital 204.4m)
 WACC = 8.28% (E(716.3m)/V(724.2m) * Re(8.37%) + (debt cost/tax rate unavailable))
Discount Rate = 8.37% (= CAPM, Blume Beta Adj.)
Shares Correlation 3-Years: -100.0 | Cagr: -0.62%
 [DCF] Fair Price = unknown (Cash Flow -45.3m)
 EPS Correlation: 43.93 | EPS CAGR: 53.14% | SUE: 0.42 | # QB: 0
Revenue Correlation: 91.59 | Revenue CAGR: 51.05% | SUE: 0.57 | # QB: 0
EPS next Quarter (2026-06-30): EPS=-0.25 | Chg7d=+0.290 | Chg30d=+0.290 | Revisions Net=+0 | Analysts=2
EPS next Year (2027-03-31): EPS=-1.33 | Chg7d=-0.392 | Chg30d=+0.773 | Revisions Net=+1 | Growth EPS=-129.0% | Growth Revenue=+7.8%
[Growth] Implied Growth Rate = -3.0% (Discount Rate 8.4% - Earnings Yield 11.4%)
[Growth] Growth Spread = +18.0% (Analyst 15.0% - Implied -3.0%)
Additional Sources for ATEX Stock Fund Manager Positions: Dataroma · Stockcircle