ATNI

ATN International

Fundamental data last updated:April 13, 2026

company profile

SECTOR

Communication Services

industry

Telecom Services

Exchange

Nasdaq

County of HQ

United States

Next Earnings Date

04/29/26

Business Summary

ATN International operates telecommunications infrastructure assets, providing wireless and wireline connectivity in niche and underserved markets. The business model is capital intensive: it deploys network infrastructure, monetizes subscriber relationships, and extracts recurring revenue from voice and data services. Its moat stems from localized network ownership, regulatory positioning, and the high switching costs inherent in telecom infrastructure. Cash generation depends on maintaining subscriber density over fixed network assets, where scale and utilization determine whether returns exceed the cost of capital.

VALUATION

P/E

-

Market Cap ($M USD)

$408

Forward P/E

24.4

PEG

0.3

PRICE TO SALES

0.6

PRICE TO BOOK

0.9

EV / EBITDA

6.3

5-Year Average P/E

DIVIDEND

Yield

4.10%

Annual Payout

$1.10

Payout Ratio

-

Consecutive Years of Dividend Growth

4

5-Year Dividend Growth Rate

10.10%

Financial Health & Profitability

Earnings Per Share

-$1.38

Next Year EPS Growth Estimate

$1.09

Next Year Revenue Growth Estimate

1.10%

Return on Equity (ROE)

-3.40%

Operating Margin

6.00%

Debt-to-Equity

1.6

Piotroski F-Score

5

Altman Z-Score

1.1

Return on Invested Capital (ROIC)

2.20%%

Current Ratio

1.3

Quick Ratio

Gainseekers Quantitative Analysis

Summary

ATN International screens like a statistically cheap but financially fragile telecom turnaround. A Forward P/E of 24.4 is hardly distressed for a company with an operating margin of -3.40% and ROIC of just 2.20%, while an Altman Z-Score of 1.1 signals genuine balance sheet stress risk. The market is not pricing this like a healthy compounder; it’s pricing in uncertainty, and rightly so given negative forward EPS of -$1.38 and a Debt/Equity ratio of 6.00%. At 0.6x sales and 0.9x book, it looks optically cheap, but this is a balance sheet and execution story—not a multiple re-rating story.

AI Exposure / Tech Reliance

Telecom Services is infrastructure-heavy and directly exposed to AI-driven data consumption growth, which structurally benefits network operators. However, with an operating margin of -3.40%, ATNI lacks the profitability cushion to aggressively invest in next-gen infrastructure. The company’s ability to adapt to AI-driven bandwidth demand will depend on capital discipline given its 6.00% Debt/Equity burden.

The Bull Case

A deep value investor could argue the stock is mispriced relative to assets and potential normalization. Trading at 0.9x book and 0.6x sales with a Piotroski F-Score of 5, the company is not fundamentally broken—just mediocre and under-earning. Institutional ownership at $69.00% suggests serious capital is willing to underwrite the turnaround, and a Current Ratio of 1.3 indicates near-term liquidity is manageable. If operating margins merely revert toward positive territory and ROIC improves from 2.20%, the equity could see outsized upside given the small $408M market cap and modest 10.10% short interest that could unwind on operational stabilization.

The Bear Case

The bear case is brutal. A Debt/Equity ratio of 6.00% combined with an Altman Z-Score of 1.1 screams financial fragility, and negative forward EPS of -$1.38 implies earnings deterioration ahead. A PEG Forward of 0.3 may look attractive, but with operating margins at -3.40% and Return on Equity of just 1.10%, growth is not translating into shareholder value. Add 10.10% short interest and a Forward P/E of 24.4 despite declining earnings, and this begins to resemble a value trap rather than a turnaround.

Market Sentiment & Smart Money

Short Interest %

1.70%

Analyst Consensus

3

Average Analyst Price Target

$69.00

Institutional Ownership %

58.60%

1-Year Beta

0.42

Insider Buying % (6 Mo)

35.70%%

Distance to 52-Week High

87.30%%

Distance to 52-Week Low

193.20%%