(UNIT) Uniti - Overview
Sector: Real Estate | Industry: REIT - Specialty | Exchange: NASDAQ (USA) | Market Cap: 2.666m USD | Total Return: 51.3% in 12m
Avg Turnover: 27.8M
Qual. Beats: 0
Rev. Trend: 75.5%
Qual. Beats: 1
Warnings
Earnings expected to drop: P/E 2.5 → Forward 11.9
Share dilution 75.6% YoY
High Debt/EBITDA (7.8) with thin interest coverage (0.7)
High Debt while negative Cash Flow
Interest Coverage Ratio 0.7 is critical
Beneish M-Score -0.01 > -1.5 - likely earnings manipulation
Altman Z'' -0.17 < 1.0 - financial distress zone
Below Avwap Earnings
Tailwinds
Leader
Uniti Group Inc. (UNIT) is a real estate investment trust (REIT) focused on the ownership and acquisition of mission-critical communications infrastructure. Based in Little Rock, Arkansas, the company operates an extensive fiber network and provides wholesale and enterprise connectivity solutions through brands such as Kinetic and Uniti Fiber.
The company operates within the specialized REIT sector, where business models often rely on long-term, triple-net lease agreements that shift maintenance and tax costs to the tenant. Fiber-focused REITs benefit from the increasing demand for high-bandwidth data transmission driven by 5G deployment and cloud computing expansion.
Investors can further evaluate the companys dividend sustainability and asset valuation by reviewing the latest metrics on ValueRay. This infrastructure-heavy model requires significant capital expenditure, making interest rate environments a key factor in the firms long-term financing strategy.
- Windstream merger completion impacts capital structure and long-term dividend sustainability
- Fiber-to-the-home expansion drives residential and enterprise recurring revenue growth
- High debt leverage makes interest rate fluctuations a primary valuation driver
- Strategic master lease agreement with Windstream dictates core rental income stability
- Capital expenditure requirements for nationwide fiber deployment affect free cash flow yield
| Net Income: 1.19b TTM > 0 and > 6% of Revenue |
| FCF/TA: -0.03 > 0.02 and ΔFCF/TA -2.34 > 1.0 |
| NWC/Revenue: 21.67% < 20% (prev -105.0%; Δ 126.7% < -1%) |
| CFO/TA 0.05 > 3% & CFO 602.5m > Net Income 1.19b |
| Net Debt (10.4b) to EBITDA (1.34b): 7.80 < 3 |
| Current Ratio: 1.54 > 1.5 & < 3 |
| Outstanding Shares: last quarter (252.1m) vs 12m ago 75.65% < -2% |
| Gross Margin: 30.08% > 18% (prev 0.85%; Δ 2.92k% > 0.5%) |
| Asset Turnover: 31.82% > 50% (prev 22.19%; Δ 9.63% > 0%) |
| Interest Coverage Ratio: 0.68 > 6 (EBITDA TTM 1.34b / Interest Expense TTM 681.0m) |
| A: 0.05 (Total Current Assets 1.81b - Total Current Liabilities 1.17b) / Total Assets 13.1b |
| B: -0.19 (Retained Earnings -2.49b / Total Assets 13.1b) |
| C: 0.05 (EBIT TTM 461.3m / Avg Total Assets 9.20b) |
| D: -0.19 (Book Value of Equity -2.49b / Total Liabilities 12.8b) |
| Altman-Z'' = -0.17 = B |
| DSRI: 0.81 (Receivables 317.0m/156.2m, Revenue 2.93b/1.17b) |
| GMI: 2.82 (GM 30.08% / 84.80%) |
| AQI: 1.68 (AQ_t 0.19 / AQ_t-1 0.11) |
| SGI: 2.49 (Revenue 2.93b / 1.17b) |
| TATA: 0.04 (NI 1.19b - CFO 602.5m) / TA 13.1b) |
| Beneish M = -0.01 (Cap -4..+1) = D |
As of May 25, 2026, the stock is trading at USD 11.04 with a total of 1,199,348 shares traded.
Over the past week, the price has changed by -0.09%,
over one month by -7.85%,
over three months by +42.64% and
over the past year by +51.27%.
Uniti has received a consensus analysts rating of 3.43. Therefore, it is recommended to hold UNIT.
- StrongBuy: 2
- Buy: 0
- Hold: 4
- Sell: 1
- StrongSell: 0
| Analysts Target Price | 10.3 | -7.2% |
P/E Trailing = 2.4674
P/E Forward = 11.8624
P/S = 0.9105
P/B = 8.3091
P/EG = 0.2916
Revenue TTM = 2.93b USD
EBIT TTM = 461.3m USD
EBITDA TTM = 1.34b USD
Long Term Debt = 10.6b USD (from longTermDebt, last quarter)
Short Term Debt = 129.2m USD (from shortTermDebt, last quarter)
Debt = 11.6b USD (from shortLongTermDebtTotal, last quarter) + Leases 462.1m
Net Debt = 10.4b USD (calculated: Debt 11.6b - CCE 1.13b)
Enterprise Value = 13.1b USD (2.67b + Debt 11.6b - CCE 1.13b)
Interest Coverage Ratio = 0.68 (Ebit TTM 461.3m / Interest Expense TTM 681.0m)
EV/FCF = -35.32x (Enterprise Value 13.1b / FCF TTM -371.0m)
FCF Yield = -2.83% (FCF TTM -371.0m / Enterprise Value 13.1b)
FCF Margin = -12.67% (FCF TTM -371.0m / Revenue TTM 2.93b)
Net Margin = 40.53% (Net Income TTM 1.19b / Revenue TTM 2.93b)
Gross Margin = 30.08% ((Revenue TTM 2.93b - Cost of Revenue TTM 2.05b) / Revenue TTM)
Gross Margin QoQ = 31.36% (prev 24.07%)
Tobins Q-Ratio = 1.00 (Enterprise Value 13.1b / Total Assets 13.1b)
Interest Expense / Debt = 5.89% (Interest Expense 681.0m / Debt 11.6b)
Taxrate = 21.0% (US default 21%)
NOPAT = 364.4m (EBIT 461.3m * (1 - 21.00%))
Current Ratio = 1.54 (Total Current Assets 1.81b / Total Current Liabilities 1.17b)
Debt / Equity = 36.19 (Debt 11.6b / totalStockholderEquity, last quarter 319.7m)
Debt / EBITDA = 7.80 (Net Debt 10.4b / EBITDA 1.34b)
Debt / FCF = -28.14 (negative FCF - burning cash) (Net Debt 10.4b / FCF TTM -371.0m)
Total Stockholder Equity = -265.9m (last 4 quarters mean from totalStockholderEquity)
RoA = 12.90% (Net Income 1.19b / Total Assets 13.1b)
RoE = 53.27% (Net Income TTM 1.19b / Total Stockholder Equity 2.23b)
RoCE = 3.59% (EBIT 461.3m / Capital Employed (Equity 2.23b + L.T.Debt 10.6b))
RoIC = 3.20% (NOPAT 364.4m / Invested Capital 11.4b)
WACC = 5.37% (E(2.67b)/V(14.2b) * Re(8.52%) + D(11.6b)/V(14.2b) * Rd(5.89%) * (1-Tc(0.21)))
Discount Rate = 8.52% (= CAPM, Blume Beta Adj.)
Shares (quarterly) Correlation: 68.89 | Cagr: 28.81%
[DCF] Fair Price = unknown (Cash Flow -371.0m)
EPS Correlation: N/A | EPS CAGR: N/A | SUE: 0.00 | # QB: 0
Revenue Correlation: 75.54 | Revenue CAGR: 30.30% | SUE: 3.96 | # QB: 1
EPS current Quarter (2026-06-30): EPS=-0.48 | Chg30d=-18.11% | Revisions=-25% | Analysts=6
EPS next Quarter (2026-09-30): EPS=-0.53 | Chg30d=-20.28% | Revisions=-25% | Analysts=6
EPS current Year (2026-12-31): EPS=-1.83 | Chg30d=-7.95% | Revisions=-25% | GrowthEPS=-137.6% | GrowthRev=+62.5%
EPS next Year (2027-12-31): EPS=-1.56 | Chg30d=-27.88% | Revisions=-25% | GrowthEPS=+14.9% | GrowthRev=+0.0%
[Analyst] Revisions Ratio: -25%