Full history for every metric is available with a Kvantra account
Key financial summary
Financials in EUR| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Total revenue | €m | 1,562 | 2,438 | 3,248 | 3,804 | 4,070 | 4,418 | 4,685 | 4,119 |
| Operating profit | €m | 597 | 623 | ||||||
| Net profit | €m | -135 | -363 | -297 | -297 | -28 | -361 | -343 | -68 |
| EPS reported | € | -0.54 | -0.52 | ||||||
| Operating cashflow per share | € | 3.39 | 0.00 | ||||||
| Capex per share | € | 2.61 | 0.00 | ||||||
| FCF per share | € | 0.78 | 0.00 | ||||||
| Free cash flow | €m | 526 | 0 | ||||||
| Net debt | €m | 17,412 | 17,466 | ||||||
| Book value equity | €m | 12,116 | 11,662 | ||||||
| Book value per share | € | 17.98 | 17.44 | ||||||
| Number of shares | m | 673.84 | 668.67 | ||||||
| DPS (TTM paid) | € | 0.37 | 0.75 |
Financial summary
Financials in EUR| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM | 2026E | ||
|---|---|---|---|---|---|---|---|---|---|
| Value | |||||||||
| P/E TTM | x | - | - | ||||||
| P/B LTM | x | 1.53 | 1.29 | ||||||
| P/S LTM | x | 4.18 | 3.20 | ||||||
| P/FCF LTM | x | 35.15 | 0.00 | ||||||
| EV/EBITDA LTM | x | 11.79 | 10.41 | ||||||
| EV/Sales LTM | x | 8.80 | 6.93 | ||||||
| Earnings Yield LTM | % | -1.95% | -2.27% | ||||||
| FCF Yield | % | 2.84% | 0.00% | ||||||
| Quality | |||||||||
| ROE | % | -2.98% | -2.83% | ||||||
| ROIC | % | 1.17% | 1.28% | ||||||
| Operating margin | % | 13.50% | 13.29% | ||||||
| Gross margin | % | 13.27% | 13.29% | ||||||
| FCF/Sales | % | 11.90% | 0.00% | ||||||
| Growth and momentum | |||||||||
| EPS Growth YoY | % | - | - | ||||||
| Sales Growth YoY | % | +8.55% | +10.63% | ||||||
| Net Income Growth YoY | % | - | - | ||||||
| FCF Growth | % | +90.35% | - | ||||||
| Operating Profit Growth | % | +203.17% | -25.67% | ||||||
| Dividend and capital structure | |||||||||
| Dividend Yield | % | 0.06% | 3.30% | ||||||
| Dividend Growth | % | +491.72% | +1092.8% | ||||||
| Payout Ratio | % | -3.25% | 0.00% | ||||||
| FCF/Debt | x | 0.02 | 0.00 | ||||||
| Net Debt/EBITDA | x | 6.19 | 6.52 | ||||||
| EBIT/Net interest | x | 0.82 | 0.66 | ||||||
| Net debt/market cap | % | 94.21% | 116.35% | ||||||
| Net debt/Equity | x | 1.44 | 1.50 | ||||||
| Gross debt/equity | x | 1.81 | 1.90 | ||||||
ETFs that hold Cellnex Telecom
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Global X European Infrastructure Development UCITS ETF Accum Shs EUR | BRIJ.L | 10 | 3.11% |
| Magellan Infrastructure | MICH.AX | 3 | 4.80% |
| Pacer Data & Infrastructure Real Estate ETF | SRVR | 5 | 4.41% |
| iShares STOXX Europe 600 Telecommunications UCITS ETF (DE) | EXV2.DE | 10 | 3.17% |
Funds with Cellnex Telecom among their ten largest holdings, largest fund first.
Ratings
Based on consensus from external analysts. Not Kvantra's opinion.
Company overview
Cellnex Telecom, S.A. is a leading provider and operator of wireless telecommunications infrastructure, with extensive operations spanning across several European countries, including Austria, Denmark, France, Ireland, Italy, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Its business is structured into three distinct divisions: Telecom Infrastructure Services, Broadcasting Networks, and a comprehensive Network Services and Others segment. Under Telecom Infrastructure, Cellnex provides co-location facilities, enabling mobile network operators to house their telecommunications and wireless broadcasting apparatus. It also deploys advanced Distributed Antenna Systems (DAS) and small cells – integrated networks of geographically dispersed antenna nodes that deliver seamless wireless connectivity. The Broadcasting Networks division encompasses a wide range of offerings, from various forms of Digital Terrestrial Television (DTT) – including standard, hybrid, satellite, and premium DTT – to FM and digital radio broadcasts. Furthermore, it delivers internet-based media services, such as multi-screen video platforms, digital business support tools, and efficient content distribution. Its Network Services and Others segment is broad, extending to critical data transportation, which includes satellite links, digital terrestrial circuits, direct connections to Amazon services, and general internet throughput. This segment also manages security and control solutions, comprising dedicated security and emergency networks, specialized terminals, forest fire early warning systems, and central control facilities. Additionally, it develops smart communication networks, offering wireless broadband, innovative irrigation management for rural areas, and a suite of Internet of Things (IoT) services. Complementing these, Cellnex provides smart city management solutions, expert engineering and consulting, and comprehensive operation and maintenance services. The company is also active in the construction and management of fiber optic telecommunication networks. Cellnex caters to a diverse clientele, including mobile network operators, broadcast media companies, and public administrations. Founded in 2008, the company was originally known as Abertis Telecom Terrestre, S.A.U., before rebranding as Cellnex Telecom, S.A. in April 2015. Its corporate headquarters are situated in Madrid, Spain.
Similar companies
For informational purposes only. Kvantra provides data and quantitative analysis, not investment advice. KvantraRank is a mechanical model output. Analyst price targets and ratings are sourced from third parties and are not Kvantra recommendations. Past performance does not guarantee future results; all investments carry risk.
Cellnex Telecom, S.A. (CLNX.MC)
| Fund | Ticker | Position# | Weight |
|---|---|---|---|
| Global X European Infrastructure Development UCITS ETF Accum Shs EUR | BRIJ.L | 10 | 3.11% |
| Magellan Infrastructure | MICH.AX | 3 | 4.80% |
| Pacer Data & Infrastructure Real Estate ETF | SRVR | 5 | 4.41% |
| iShares STOXX Europe 600 Telecommunications UCITS ETF (DE) | EXV2.DE | 10 | 3.17% |
Funds with Cellnex Telecom among their ten largest holdings, largest fund first.
Based on consensus from external analysts. Not Kvantra's opinion.
Cellnex Telecom, S.A. is a leading provider and operator of wireless telecommunications infrastructure, with extensive operations spanning across several European countries, including Austria, Denmark, France, Ireland, Italy, the Netherlands, Poland, Portugal, Spain, Sweden, Switzerland, and the United Kingdom. Its business is structured into three distinct divisions: Telecom Infrastructure Services, Broadcasting Networks, and a comprehensive Network Services and Others segment. Under Telecom Infrastructure, Cellnex provides co-location facilities, enabling mobile network operators to house their telecommunications and wireless broadcasting apparatus. It also deploys advanced Distributed Antenna Systems (DAS) and small cells – integrated networks of geographically dispersed antenna nodes that deliver seamless wireless connectivity. The Broadcasting Networks division encompasses a wide range of offerings, from various forms of Digital Terrestrial Television (DTT) – including standard, hybrid, satellite, and premium DTT – to FM and digital radio broadcasts. Furthermore, it delivers internet-based media services, such as multi-screen video platforms, digital business support tools, and efficient content distribution. Its Network Services and Others segment is broad, extending to critical data transportation, which includes satellite links, digital terrestrial circuits, direct connections to Amazon services, and general internet throughput. This segment also manages security and control solutions, comprising dedicated security and emergency networks, specialized terminals, forest fire early warning systems, and central control facilities. Additionally, it develops smart communication networks, offering wireless broadband, innovative irrigation management for rural areas, and a suite of Internet of Things (IoT) services. Complementing these, Cellnex provides smart city management solutions, expert engineering and consulting, and comprehensive operation and maintenance services. The company is also active in the construction and management of fiber optic telecommunication networks. Cellnex caters to a diverse clientele, including mobile network operators, broadcast media companies, and public administrations. Founded in 2008, the company was originally known as Abertis Telecom Terrestre, S.A.U., before rebranding as Cellnex Telecom, S.A. in April 2015. Its corporate headquarters are situated in Madrid, Spain.
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