AT&T Inc. 5.625% Global Notes d (TBC)

AT&T Inc. 5.625% Global Notes d (TBC) — VMCI valuation read

Across 120 indicators, AT&T Inc. 5.625% Global Notes d (TBC) lands at VMCI 59/100. The Communication Services sector median is 50, so the 9-point above-median read is the active comparison. Pillar weighting on the score: Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%.

No material Form 4 disclosures landed on TBC in the past 30 days. Quiet insider tape removes one signal source; the active reads stay with the trailing-twelve-month financials and the next 10-Q.

**Investor frame.** On Value, TBC trades at 19.0x earnings, 6% above the Communication Services median of 18.0x; the EV/EBITDA delta of -2.0x reinforces that single line. On Quality, ROIC of 9.0% trails the Communication Services median (10.0%) by 1.0pp. On Risk, net debt to EBITDA of 0.2x leaves covenant headroom for TBC on the trailing balance sheet.

TBC fell 0.1% over the trailing 7 days, with a -6.7% read on a 30-day basis.