Problem:
Using AT&T:
Identify appropriate industry comparisons for the company and develop a fundamental analysis of the company using the analytical tools such as the Dupont Framework. For my purposes I am comparing Sprint and Verizon.
Using market information to do comparisons (PE ratio, etc), develop valuation of company using growth model. From a market perspective, would a portfolio manager want to own the equity i.e. at the current level, is the equity of this company fairly priced?