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SBA CommunicationsFRA:4SB 83 5-Year Yield-on-Cost % is 6.30 as of Jul. 24, 2026, which is 137% above its 10-year median of 2.66. GuruFocus rates FRA:4SB with a GF Score™ of 83/100 and a GF Value™ of €205.71. The stock has 5 warning signs investors should review. Among 866 REITs companies, SBA Communications ranks worse than 59.24% on this metric.
SBA Communications's yield on cost for the quarter that ended in Mar. 2026 was 6.30.
The historical rank and industry rank for SBA Communications's 5-Year Yield-on-Cost % or its related term are showing as below:
FRA:4SB'
s 5-Year Yield-on-Cost % Range Over the Past 10 Years
Min: 0.36 Med: 2.66 Max: 6.37
Current: 6.3
During the past 13 years, SBA Communications's highest Yield on Cost was 6.37. The lowest was 0.36. And the median was 2.66.
FRA:4SB's 5-Year Yield-on-Cost % is ranked worse than 59.24% of 866
companies
in the REITs industry
Industry Median: 7.325
vs FRA:4SB: 6.30
Of course the risk here is that the company may not raise its dividends as it did before. The key is to select the companies that can consistently raise its dividends. Usually companies with long history of raising dividends tend to do so.
SBA Communications 5-Year Yield-on-Cost % Related Terms
FRA:4SB vs WY, LAMR, GLPI: 5-Year Yield-on-Cost % Comparison
For the REIT - Specialty subindustry, SBA Communications's 5-Year Yield-on-Cost %, along with its competitors' market caps and 5-Year Yield-on-Cost % 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.
SBA Communications 5-Year Yield-on-Cost % vs REITs Industry
For the REITs industry and Real Estate sector, SBA Communications's 5-Year Yield-on-Cost % distribution charts can be found below:
* The bar in red indicates where SBA Communications's 5-Year Yield-on-Cost % falls into.
Dividend Yield % and dividend growth of a stock is an important factor for income investors. But if company A raises its dividend constantly faster than company B, company A's future dividend yield might be much higher than Company B's even if their yields are the same now and their stock prices do not change.
Yield on Cost assumes that you buy and the stock today, and hold it for 5 years. If the company raises it dividends at the same rate as it did over the past 5 years, the dividends investors receive annually in 5 years relative to the stock price today.
SBA Communications (FRA:4SB) has a 5-Year Yield-on-Cost % of 6.30 as of Jul. 24, 2026. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on SBA Communications and its competitors. This is 137% above median its historical median of 2.66. Over the past decade, SBA Communications' 5-Year Yield-on-Cost % has ranged from 0.36 to 6.37. According to the industry distribution chart, SBA Communications ranks #513 out of 866 companies in the REITs industry, placing it in the top 59.2%.
Is SBA Communications' 5-Year Yield-on-Cost % too high?
SBA Communications' current 5-Year Yield-on-Cost % of 6.30 is 137% above median its 10-year median of 2.66. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 6.37. The REITs industry median 5-Year Yield-on-Cost % is 7.33. SBA Communications' value of 6.30 is 14% below this industry median. Based on the distribution chart, SBA Communications ranks #513 out of 866 companies in the REITs industry, which is below the industry midpoint. Overall, SBA Communications has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does SBA Communications' 5-Year Yield-on-Cost % compare to WY and LAMR?
According to the REITs industry distribution chart, SBA Communications ranks #513 out of 866 companies for 5-Year Yield-on-Cost %. This places SBA Communications in the lower half of its industry. The industry median 5-Year Yield-on-Cost % is 7.33. SBA Communications' value of 6.30 is 14% below this benchmark. Historically, SBA Communications' own 5-Year Yield-on-Cost % has ranged from 0.36 to 6.37 over the past decade. While the company's 10-year median is 2.66 vs. the industry median of 7.33, SBA Communications has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good 5-Year Yield-on-Cost % for a REITs company?
The median 5-Year Yield-on-Cost % among REITs companies is 7.33, based on 866 companies in the industry. Companies in the top quartile (top 25%) have a 5-Year Yield-on-Cost % significantly above this median, while those in the bottom quartile fall well below. However, 5-Year Yield-on-Cost % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SBA Communications's current 5-Year Yield-on-Cost % of 6.30 is 14% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high 5-Year Yield-on-Cost % mean?
A high 5-Year Yield-on-Cost % can signal that a stock is expensive relative to its fundamentals. 5-Year Yield on Cost measures the expected yield based on a company's current yield and 5-year dividend growth. View historical data on SBA Communications and its competitors. For the REITs industry, the median 5-Year Yield-on-Cost % is 7.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SBA Communications's current 5-Year Yield-on-Cost % is 6.30, which is 137% above median its own 10-year median of 2.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SBA Communications stock overvalued right now?
SBA Communications (FRA:4SB) has a current 5-Year Yield-on-Cost % of 6.30. The stock's GF Value™ is €205.71, compared to a current price of €154.00 — trading 25.1% below its estimated fair value. The current 5-Year Yield-on-Cost % is 6.30, which is 137% above median its 10-year median of 2.66 and 14% below the REITs industry median of 7.33. SBA Communications' overall GF Score™ is 83/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 5-Year Yield-on-Cost % calculated?
5-Year Yield-on-Cost % is calculated from a company's financial statements. For SBA Communications (FRA:4SB), the current 5-Year Yield-on-Cost % is 6.30 as of Jul. 24, 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 SBA Communications (FRA:4SB) Overvalued in 2026?
Based on GuruFocus' analysis, SBA Communications stock appears to be undervalued.
The current stock price of €154.00 is trading 25.1% below its estimated GF Value™ of €205.71.
Key valuation signals for FRA:4SB:
5-Year Yield-on-Cost %: 6.30 (137% above median its 10-year median of 2.66)
GF Value™: €205.71 vs. price of €154.00 (25.1% below fair value)
Industry Position: 14% below the REITs median (#513 of 866)
No single metric tells the full story. See the FRA:4SB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
SBA Communications owns a portfolio of about 46,000 wireless towers throughout North America, South America, and Africa. It leases space on its towers to wireless service providers, who install equipment to support their wireless networks. The company has a very concentrated customer base, with most revenue in each market generated by the top three or four mobile carriers. It owns more than 17,000 towers in the US, which account for about 70% of leasing revenue. Internationally, SBA's largest markets are Brazil and Guatemala, where it owns roughly 12,000 and 5,000 towers, respectively. SBA operates as a real estate investment trust.
83GF Score
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