Valuation dashboard for Array Digital Infrastructure Inc (AD) with P/E 3.74, P/B 2.30, EV/EBITDA 4.2 and dividend yield 63.15%. DCF, Graham Number, EPS growth, peer multiples and dividend discount models plus sector comparison against other Communication Services companies.
Array Digital Infrastructure, Inc. owns and operates shared wireless communications infrastructure in the United States. The company deploys 5G and other wireless technologies through its 4,400 cell towers. It also leases tower space to tenants. In addition, the company offers ancillary services. It serves organizations, wireless carriers, government agencies, municipalities, wireless internet service providers, and broadband providers.
What would it be worth at its usual multiples?
No valuation verdict: its twelve-month earnings are above what analysts expect, so today's P/E looks lower than it will be.
Note: earnings per share over the last twelve months ($8.99) are far from the consensus for 2027 ($1.13); that is why this range uses expected earnings.
Analysis Summary
Array Digital Infrastructure Inc reported revenue of $163.0M in the most recent fiscal year, growing at a 5-year CAGR of -47.4%. Net income reached $290.9M, with a 4.9% 5-year CAGR.
Trailing-twelve-month margins: gross margin 41.1%, operating margin 191.0%, net margin 364.4%.
At $33.65 (closing price, November 2, 2026), AD trades at a P/E of 3.74 and an ROE of 37.85%. Market capitalisation stands at $2.9B.
Balance sheet quality for AD: debt-to-equity ratio of 0.95, current ratio of 0.95 over the last 12 months. A debt-to-equity below 1.0 typically signals conservative capital structure, while a current ratio above 1.5 indicates comfortable short-term liquidity.
Valuation Ratios
| P/E Ratio | 3.74 |
| Price / Book | 2.30 |
| EV / EBITDA | 4.2 |
| Dividend Yield | 63.15% |
Peer Comparison
| Symbol | Company | Market Cap | P/E | P/B | ROE |
|---|---|---|---|---|---|
| AD | Array Digital Infrastructure Inc | $2.9B | 3.74 | 2.30 | 37.9% |
| GSAT | Globalstar, Inc. | $10.7B | 36.32 | -17.6% | |
| LBTYK | Liberty Global plc | $2.9B | 0.28 | -25.5% | |
| TDS | Telephone and Data Systems, Inc. | $3.9B | 8.64 | 0.80 | 8.6% |
| 0R15.L | SoftBank Group Corp. | JPY 24.7T | 4.95 | 1.33 | 30.1% |
| VZ | Verizon Communications Inc. | $186.7B | 11.49 | 1.77 | 15.7% |
| TMUS | T-Mobile US, Inc. | $169.6B | 15.46 | 3.05 | 19.9% |
| 0R2L.L | T-Mobile US, Inc. | $159.7B | 15.30 | 2.82 | 18.2% |
Price
| Price | $33.65 (closing price, November 2, 2026) |
| Market Cap | $2.9B |
| Exchange | NYSE |
| Country | US |
Profitability
| Return on Equity | 37.85% |
| Return on Invested Capital | 14.13% |
| Return on Assets | 23.08% |
| Gross Margin | 41.10% |
| Operating Margin | 190.98% |
| Net Margin | 364.38% |
Related companies: GSAT · LBTYK · TDS · 0R15.L · VZ · TMUS · 0R2L.L · TBB
Explore sector: Communication Services · Telecommunications Services
More sections of AD: Overview · Financials · Statistics · Estimates · Technical · Ownership · News · Events
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