Scaled Net Operating Assets (SNOA) is calculated as the difference between operating assets and operating liabilities, scaled by lagged total assets.
American Tower's operating assets for the quarter that ended in Mar. 2026 was MXN1,111,280 Mil. American Tower's operating liabilities for the quarter that ended in Mar. 2026 was MXN143,383 Mil. American Tower's Total Assets for the quarter that ended in Dec. 2025 was MXN1,137,787 Mil. Therefore, American Tower's scaled net operating assets (SNOA) for the quarter that ended in Mar. 2026 was 0.85.
American Tower Scaled Net Operating Assets Related Terms
American Tower Scaled Net Operating Assets Historical Data
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The historical data trend for American Tower's Scaled Net Operating Assets can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
MEX:AMT vs DLR, EQIX, IRM: Scaled Net Operating Assets Comparison
For the REIT - Specialty subindustry, American Tower's Scaled Net Operating Assets, along with its competitors' market caps and Scaled Net Operating Assets data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
American Tower Scaled Net Operating Assets vs REITs Industry
For the REITs industry and Real Estate sector, American Tower's Scaled Net Operating Assets distribution charts can be found below:
* The bar in red indicates where American Tower's Scaled Net Operating Assets falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Scaled Net Operating Assets of 0.85 mean?
American Tower (MEX:AMT) has a Scaled Net Operating Assets of 0.85 as of Mar. 2026. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on American Tower and its competitors.
Is American Tower's Scaled Net Operating Assets too high?
American Tower's current Scaled Net Operating Assets is 0.85. Overall, American Tower has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does American Tower's Scaled Net Operating Assets compare to DLR and EQIX?
American Tower's Scaled Net Operating Assets of 0.85 can be compared against companies in the REITs industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Scaled Net Operating Assets for a REITs company?
A good Scaled Net Operating Assets depends on the REITs industry context. However, Scaled Net Operating Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Scaled Net Operating Assets mean?
A high Scaled Net Operating Assets can signal that a stock is expensive relative to its fundamentals. Scaled net operating assets equals current-period operating assets less operating liabilities less prior-period total assets. View historical data on American Tower and its competitors. American Tower's current Scaled Net Operating Assets is 0.85. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is American Tower stock overvalued right now?
Based on GuruFocus' analysis, American Tower (MEX:AMT) is currently considered Modestly Undervalued. The stock's GF Value™ is MXN3,658.64, compared to a current price of MXN2,887.13 — trading 21.1% below its estimated fair value. The current Scaled Net Operating Assets is 0.85. American Tower's overall GF Score™ is 57/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Scaled Net Operating Assets calculated?
Scaled Net Operating Assets is calculated from a company's financial statements. For American Tower (MEX:AMT), the current Scaled Net Operating Assets is 0.85 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is American Tower (MEX:AMT) Overvalued in 2026?
Based on GuruFocus' analysis, American Tower stock appears to be undervalued.
The current stock price of MXN2,887.13 is trading 21.1% below its estimated GF Value™ of MXN3,658.64.
GuruFocus considers American Tower to be Modestly Undervalued.
Key valuation signals for MEX:AMT:
Scaled Net Operating Assets: 0.85
GF Value™: MXN3,658.64 vs. price of MXN2,887.13 (21.1% below fair value)
No single metric tells the full story. See the MEX:AMT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
American Tower owns and operates about 150,000 wireless towers throughout the US, Asia, Latin America, Europe, and Africa. It also owns and/or operates 30 data centers in 11 US markets through its CoreSite segment. The company's customer base in the tower business is very concentrated, with most revenue in each market generated by the top three or four mobile carriers. The company operates 42,000 towers in the US, which accounted for about half of total revenue in 2025. Outside the US, American Tower operates about 47,000 towers in Latin America (dominated by Brazil), 33,000 towers in Europe, and 28,000 towers in Africa. American Tower operates as a REIT.
57GF Score
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