SBAC - NASDAQ

SBA Communications Corporation

SBAC·NASDAQ

$207.85

+5.9%

Real EstateREIT - Specialty

SBA Communications Corporation is a first choice provider and leading owner and operator of wireless communications infrastructure in North, Central, and South America and South Africa. By Building Better Wireless, SBA generates revenue from two primary businesses site leasing and site development services. The primary focus of the Company is the leasing of antenna space on its multi-tenant communication sites to a variety of wireless service providers under long-term lease contracts. For more information please visit: www.sbasite.com.

Statements Value Model

At a Glance

Live Snapshot

Market Cap$22.05B

EPS9.8300

P/E Ratio21.14

Earnings Date08/03/2026

sbac

Income Tax Expense

Last Annual Value

187.58M

3-Year CAGR

42%

5-Year CAGR

45%

10-Year CAGR

35%

Adjust for Inflation

SBA Communications Corporation Competitors Analysis of Income Tax Expense

SBAC · NASDAQ

Company	Income Tax Expense	CAGR 3Y	CAGR 5Y	CAGR 10Y
SBA Communications Corporation NASDAQ:SBAC	187.58M	54.3%	65.9%	32.7%
Essex Property Trust, Inc. NYSE:ESS	257.00K	N/A	N/A	-24.7%
Invitation Homes Inc. NYSE:INVH	0.00	N/A	N/A	N/A
AvalonBay Communities, Inc. NYSE:AVB	-1.14M	N/A	N/A	N/A
Mid-America Apartment Communities, Inc. NYSE:MAA	4.59M	-1.1%	-19.6%	10.5%
Weyerhaeuser Company NYSE:WY	-64.00M	N/A	N/A	N/A
Lamar Advertising Company NASDAQ:LAMR	21.33M	29.7%	18.2%	4.8%
Equity Residential NYSE:EQR	6.58M	79.0%	48.4%	15.1%
Gaming and Leisure Properties, Inc. NASDAQ:GLPI	2.23M	3.7%	-39.9%	-11.5%

SBA Communications Corporation Fair Value Envelope

SBAC · NASDAQ

Our analysis suggests that SBAC has a fair value of HIDDEN per share in the Base Case projection. With shares currently trading at $207.85, this represents a potential HIDDEN relative to our calculated worth for SBA Communications Corporation.

HIDDEN

Intrinsic Value

Current Price: $207.85

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