Cellnex/€CLNX
1D1W1M3M6MYTD1Y5YMAX
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
€18B
-
-€0.51
1.29
€0.75
2.78%
Price and volume
Market cap
€18B
Beta
1.29
52-week high
€32.68
52-week low
€23.95
Average daily volume
1.3M
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)
1.10%
Profitability
EBITDA (TTM)
2,613.888
Gross margin (TTM)
97.15%
Net profit margin (TTM)
-8.22%
Operating margin (TTM)
16.02%
Effective tax rate (TTM)
18.01%
Revenue per employee (TTM)
€1,630,000
Management effectiveness
Return on assets (TTM)
0.96%
Return on equity (TTM)
-2.45%
Valuation
Price to revenue (TTM)
4.493
Price to book
1.54
Price to tangible book (TTM)
-2.17
Price to free cash flow (TTM)
22.46
Free cash flow yield (TTM)
4.45%
Free cash flow per share (TTM)
1.2
Dividend yield (TTM)
2.78%
Growth
Revenue change (TTM)
-1.46%
Earnings per share change (TTM)
-230.20%
3-year revenue growth (CAGR)
4.42%
10-year revenue growth (CAGR)
20.89%
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’s first-half 2026 revenue grew 5% organically, with tower revenue up 5.2% and organic points of presence up 4.9%. This points to continued demand for more network capacity and better use of its sites. (Cellnex)
First-half free cash flow rose to €301 million from €19 million a year earlier, as lower build-to-suit spending improved cash conversion. Cellnex also announced an additional €200 million buyback, bringing planned 2026 shareholder remuneration to €1 billion. (Cellnex)
Debt remains a valuation overhang: Reuters reported that investor concerns about Cellnex’s debt had helped drive its market capitalisation to less than half its 2021 peak. The company’s reported exploration of strategic options also points to pressure to address the market’s concerns. (Reuters, MarketScreener)
Mergers among mobile operators could lead them to remove overlapping equipment and leases, reducing demand for some tower sites and strengthening their bargaining power. Cellnex’s own executive has identified this as a risk to the tower business. (Bloomberg)
Cellnex’s dominant position in Spain’s digital-terrestrial television infrastructure is under active regulatory review. If the CNMC rejects the company’s proposed commitments, it may retain rules on access, pricing and transparency that limit commercial flexibility. (CNMC)
Data summarised monthly by Lightyear AI. Last updated on 15 Oct 2026.
Cellnex Financial Performance
Revenues and expenses
Cellnex Earnings Performance
Company profitability
Upcoming events
No upcoming events
Funds containing Cellnex
AllEURUSDGBP
Fund name | Fund size | €CLNX weighting |
|---|---|---|
iShares STOXX Europe 600 Telecommunications€EXV2 | €252M | 3.59% |
Global X European Infrastructure Development$BRIJ | €578M | 2.86% |
Global X European Infrastructure Development£BRIP | €578M | 2.86% |
Xtrackers Spain€XESD | €282M | 1.78% |
iShares Dow Jones Eurozone Sustainability Screened€EXXV | €217M | 0.60% |
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.