ARRAY DIGITAL INFRASTRUCTURE, INC. (AD)
Radiotelephone Communications
Latest Price
$38.03
TTM P/E
6.13
Normalized P/E
23.83
Div Yield
116.36%
Book Value
14.64
P/B Ratio
2.60
Valuation metrics
adjust assumptions →EPS: $0.56
Book value / share: $29.72
Formula: √(22.5 × EPS × BVPS)
Graham Number
$19.35
49% downside
Norm. op. income: $112M (median of 7yr)
Tax rate: 28%
Discount rate: 10%
Growth assumption: zero (EPV is a no-growth value)
Earnings Power Value
$2.87
92% downside
Base FCF: $230M (median of recent 5yr)
Growth: 19%/yr (median YOY, capped at 25%)
Discount rate: 10%
Terminal growth: 3%
Projection horizon: 10 years
DCF Fair Value
$117.84
+210% upside
EPS: $0.56
Target P/E: 24×
Formula: EPS × P/E
P/E Fair Value
$13.44
65% downside
Institutional Ownership
31.5% held by institutions| Institution | Shares | Value | Ownership % | Change | Filing Date |
|---|---|---|---|---|---|
| DIMENSIONAL FUND ADVISORS LP | 2.27M | $82.0M | 4.25% | -30.4K | 2026-06-30 |
| HAWK RIDGE CAPITAL MANAGEMENT LP | 1.82M | $65.0M | 3.40% | -- | 2026-06-30 |
| Jericho Capital Asset Management L.P. | 1.82M | $65.0M | 3.40% | -- | 2026-06-30 |
| Madison Avenue Partners, LP | 1.11M | $40.0M | 2.08% | -- | 2026-06-30 |
| AMERICAN CENTURY COMPANIES INC | 766.1K | $27.0M | 1.43% | +159.4K | 2026-06-30 |
| BANK OF AMERICA CORP /DE/ | 740.6K | $26.0M | 1.39% | -1.79M | 2026-06-30 |
| LOOMIS SAYLES & CO L P | 707.4K | $25.0M | 1.32% | -33.0K | 2026-06-30 |
| OAKTREE CAPITAL MANAGEMENT LP | 696.9K | $25.0M | 1.30% | -27.6K | 2026-06-30 |
| VANGUARD CAPITAL MANAGEMENT LLC | 695.4K | $25.0M | 1.30% | +13.2K | 2026-06-30 |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 657.5K | $23.0M | 1.23% | -9.8K | 2026-06-30 |