Cellnex/€CLNX
1D1W1MYTD1Y5YMAX
Capital at risk
About Cellnex
Cellnex Telecom SA, ticker CLNX, is an operator in the wireless telecommunications infrastructure sector based in Spain. Founded in 2010, the company specializes in the operation and management of mobile telecommunications and broadcasting sites, leasing infrastructure to telecom operators throughout Europe. Its core services encompass site leasing, infrastructure management, and rollout of telecommunications networks.
- Ticker
- €CLNX
- Sector
- Communication
- Primary listing
- BME
- Employees
- 2,474
- Headquarters
- Madrid, Spain
- Website
- www.cellnex.com
Cellnex Metrics
BasicAdvanced
€16B
-
-€0.51
1.29
€0.75
3.10%
Price and volume
Market cap
€16B
Beta
1.29
52-week high
€32.68
52-week low
€23.95
Average daily volume
1.4M
Dividend rate
€0.75
Financial strength
Current ratio
0.629
Quick ratio
0.622
Long term debt to equity
1.491
Total debt to equity
1.732
Interest coverage (TTM)
0.87%
Profitability
EBITDA (TTM)
2,613.888
Gross margin (TTM)
97.15%
Net profit margin (TTM)
-8.51%
Operating margin (TTM)
15.47%
Effective tax rate (TTM)
18.00%
Revenue per employee (TTM)
€1,690,000
Management effectiveness
Return on assets (TTM)
0.96%
Return on equity (TTM)
-2.45%
Valuation
Price to revenue (TTM)
4.025
Price to book
1.23
Price to tangible book (TTM)
-1.92
Price to free cash flow (TTM)
20.123
Free cash flow yield (TTM)
4.97%
Free cash flow per share (TTM)
1.2
Dividend yield (TTM)
3.10%
Growth
Revenue change (TTM)
-1.46%
Earnings per share change (TTM)
-230.20%
3-year revenue growth (CAGR)
5.63%
10-year revenue growth (CAGR)
20.47%
3-year earnings per share growth (CAGR)
2.94%
10-year earnings per share growth (CAGR)
8.70%
What the Analysts think about Cellnex
Analyst ratings (Buy, Hold, Sell) for Cellnex stock.
Analyst projections of the future price of Cellnex stock.
Bulls say / Bears say
Cellnex is showing a clear cash-flow inflection: H1 2026 organic revenue grew 5.0%, EBITDAaL 7.7%, and free cash flow rose to €301 million from €19 million a year earlier as build-to-suit capex eased. (Cellnex)
Underlying customer demand remains resilient. In H1, tower revenue grew organically by 5.2%, net organic points of presence by 4.9%, and fibre, connectivity and housing services by 7.8%, supporting growth beyond simple price increases. (Cellnex)
Improving cash conversion is funding stronger shareholder returns: Cellnex approved an additional €200 million buyback, taking planned 2026 shareholder remuneration to €1 billion, while reporting about €5.3 billion of liquidity. (Cellnex)
Leverage remains a structural constraint. Recent earnings commentary said the 5–6 times net-debt-to-EBITDA target still depends on market conditions, leaving Cellnex exposed if rates stay high or cash conversion weakens. (Yahoo Finance)
Near-term growth could slow as build-to-suit work contributes less: management said organic growth had moved from 6% to 5% as this contribution fell, while UK densification is taking longer and French consolidation may delay investment decisions. (Yahoo Finance)
Telecom consolidation could pressure tenancy growth. Recent sector reporting flags complexity around French M&A and expects Spanish colocation churn to become more normalised, which could reduce overlapping-site demand and delay new contracts. (Inside Towers)
Data summarised monthly by Lightyear AI. Last updated on 18 Sept 2026.
Cellnex Financial Performance
Revenues and expenses
Cellnex Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Cellnex
AllEURGBPUSD
Fund name | Fund size | €CLNX weighting |
|---|---|---|
iShares STOXX Europe 600 Telecommunications€EXV2 | €268M | 3.21% |
Xtrackers Spain€XESD | €269M | 1.58% |
iShares Dow Jones Eurozone Sustainability Screened€EXXV | €217M | 0.53% |
iShares Global Infrastructure€INFR | €2.1B | 0.48% |
iShares MSCI Europe SRI€IESE | €3.1B | 0.39% |
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Market data provided by CBOE Europe and Deutsche Börse.