Added to YB: 2026-01-14
Pitch date: 2026-01-12
CLNX.MC [bullish]
Cellnex Telecom, S.A.
-0.87%
current return
Author Info
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Company Info
Cellnex Telecom, S.A. engages in the management of terrestrial telecommunications infrastructures in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland.
Market Cap
EUR 17.7B
Pitch Price
EUR 26.53
Price Target
38.00 (+42%)
Dividend
1.44%
EV/EBITDA
12.75
P/E
-121.38
EV/Sales
9.62
Sector
Diversified Telecommunication Services
Category
value
Cellnex Telecom (CLNX.MC): A Value Play on Critical European Infrastructure
CLNX.MC: European tower leader trading at <15x EBITDA (down from >25x) due to leverage concerns. Shifting from M&A to organic growth, targeting 5-6x net debt/EBITDA by 2027 vs current 6.4x. CPI-linked contracts provide inflation protection. Low 1.4-1.6x tenancy ratio vs US peers at 2.2-2.5x offers margin expansion opportunity. €38 price target implies 40% upside.
Read full article (5 min)