(ATEX) Anterix - Overview

Sector: Communication Services | Industry: Telecom Services | Exchange: NASDAQ (USA) | Market Cap: 1.069m USD | Total Return: 108.2% in 12m

900 MHz Spectrum, Private Broadband, Wireless Licenses, Network Ecosystem
Total Rating 43
Safety 33
Buy Signal 2.00
Telecom Services
Industry Rotation: +4.2
Market Cap: 1.07B
Avg Turnover: 16.3M
Risk 3d forecast
Volatility57.3%
VaR 5th Pctl8.81%
VaR vs Median-6.92%
Reward TTM
Sharpe Ratio1.64
Rel. Str. IBD97.2
Rel. Str. Peer Group96.9
Character TTM
Beta0.737
Beta Downside0.873
Hurst Exponent0.388
Drawdowns 3y
Max DD57.35%
CAGR/Max DD0.38
CAGR/Mean DD1.02
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,
EPS CAGR: 17.86%
EPS Trend: 51.8%
Last SUE: 0.20
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,
Rev. CAGR: 51.05%
Rev. Trend: 91.6%
Last SUE: 0.57
Qual. Beats: 0

Warnings

Altman Z'' -4.90 < 1.0 - financial distress zone

Tailwinds

Supp Ema8, Leader, Tailwind, Confidence

Description: ATEX Anterix

Anterix Inc. (ATEX) focuses on the commercialization of its 900 MHz licensed spectrum to provide private LTE broadband solutions for utility and critical infrastructure sectors. The company operates a platform-based model, offering the CatalyX ecosystem and security collectives to facilitate the deployment of private wireless networks. This business model relies on long-term lease or sale agreements of spectrum assets to enterprise customers seeking secure, dedicated connectivity.

The company holds nationwide spectrum rights across the contiguous United States, Hawaii, Alaska, and Puerto Rico. In the wireless telecommunications sector, the 900 MHz band is particularly valued for its propagation characteristics, which allow signals to penetrate obstacles and cover large geographic areas with less infrastructure than higher-frequency bands. This makes it a strategic asset for utility companies managing smart grid transitions and remote monitoring systems.

For more detailed data on sector trends and valuation, consider reviewing the comprehensive metrics available on ValueRay.

Headlines to Watch Out For
  • 900 MHz spectrum lease agreements with major utilities drive long-term recurring revenue
  • Pace of utility regulatory approvals dictates timing of high-value contract signings
  • Strategic monetization of nationwide spectrum assets through private LTE network deployments
  • Federal infrastructure funding accelerates utility transition to private broadband communication systems
  • Shareholder value realization depends on execution of multibillion-dollar sales pipeline conversion
Piotroski VR‑10 (Strict) 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: error (cannot be calculated; needs correct EBITDA TTM and Interest Expense TTM)
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 May 20, 2026, the stock is trading at USD 58.78 with a total of 279,573 shares traded.
Over the past week, the price has changed by +8.35%, over one month by +37.98%, over three months by +70.67% and over the past year by +108.22%.
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?
Analysts Target Price 55.3 -5.9%
Anterix (ATEX) - Fundamental Data Overview as of 19 May 2026
P/E Trailing = 13.1172
P/S = 180.1919
P/B = 4.4397
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 = 1.04b USD (1.07b + Debt 7.88m - CCE 37.9m)
 Interest Coverage Ratio = unknown (Ebit TTM -41.7m / Interest Expense TTM 0.0)
 EV/FCF = -22.95x (Enterprise Value 1.04b / FCF TTM -45.3m)
FCF Yield = -4.36% (FCF TTM -45.3m / Enterprise Value 1.04b)
 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 = 2.49 (Enterprise Value 1.04b / Total Assets 417.0m)
Interest Expense / Debt = 0.0% (Interest Expense 0.0 / 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 = 8.51% (E(1.07b)/V(1.08b) * Re(8.57%) + D(7.88m)/V(1.08b) * Rd(0.0%) * (1-Tc(0.21)))
Discount Rate = 8.57% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: -15.56 | Cagr: -1.00%
 [DCF] Fair Price = unknown (Cash Flow -45.3m)
 EPS Correlation: 51.80 | EPS CAGR: 17.86% | SUE: 0.20 | # QB: 0
Revenue Correlation: 91.59 | Revenue CAGR: 51.05% | SUE: 0.57 | # QB: 0
EPS current Quarter (2026-06-30): EPS=-0.25 | Chg30d=+53.70% | Revisions=N/A | Analysts=2