View ValuationCellnex Telecom 将来の成長Future 基準チェック /36Cellnex Telecom利益と収益がそれぞれ年間80.8%と4.6%増加すると予測されています。EPS は年間 増加すると予想されています。自己資本利益率は 3 年後に0.5% 79%なると予測されています。主要情報80.8%収益成長率78.99%EPS成長率Telecom 収益成長20.9%収益成長率4.6%将来の株主資本利益率0.50%アナリストカバレッジGood最終更新日05 May 2026今後の成長に関する最新情報Breakeven Date Change • Mar 04Forecast breakeven date pushed back to 2024The 22 analysts covering Cellnex Telecom previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 90% per year to 2023. The company is expected to make a profit of €75.4m in 2024. Average annual earnings growth of 61% is required to achieve expected profit on schedule.Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 21 analysts covering Cellnex Telecom expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €105.6m in 2023. Average annual earnings growth of 67% is required to achieve expected profit on schedule.Breakeven Date Change • Jul 30Forecast breakeven moved forward to 2022The 17 analysts covering Cellnex Telecom previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 39% to 2021. The company is expected to make a profit of €736.5k in 2022. Average annual earnings growth of 87% is required to achieve expected profit on schedule.Breakeven Date Change • Jul 09Forecast breakeven pushed back to 2023The 15 analysts covering Cellnex Telecom previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 71% per year to 2022. The company is expected to make a profit of €162.7m in 2023. Average annual earnings growth of 78% is required to achieve expected profit on schedule.Breakeven Date Change • Jun 25Forecast breakeven pushed back to 2023The 16 analysts covering Cellnex Telecom previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 59% per year to 2022. The company is expected to make a profit of €143.2m in 2023. Average annual earnings growth of 77% is required to achieve expected profit on schedule.すべての更新を表示Recent updatesお知らせ • Mar 30Cellnex Telecom, S.A., Annual General Meeting, Apr 29, 2026Cellnex Telecom, S.A., Annual General Meeting, Apr 29, 2026. Location: paseo de la castellana 81, madrid., Spainお知らせ • Feb 06+ 3 more updatesCellnex Telecom, S.A. to Report Q1, 2026 Results on Apr 30, 2026Cellnex Telecom, S.A. announced that they will report Q1, 2026 results on Apr 30, 2026お知らせ • Apr 07Cellnex Telecom, S.A., Annual General Meeting, May 08, 2025Cellnex Telecom, S.A., Annual General Meeting, May 08, 2025. Location: calle de larra 14., madrid Spainお知らせ • Apr 02Cellnex Is Said to Kick Off €2 Billion Sale of Switzerland UnitCellnex Telecom, S.A. (BME:CLNX) has kicked off a sale of its majority stake in its Swiss business, which could fetch as much as €2 billion ($2.2 billion), according to people with knowledge of the matter. Cellnex is working with JPMorgan Chase & Co. and Societe Generale SA on the potential sale, the people said, asking not to be identified as information is private. Marketing materials were sent out last week, they said.お知らせ • Mar 18Cellnex Telecom Announces Appointment of Maria Alonso Alcaide as Its Global Director of Brand and ContentCellnex Telecom announced the appointment of Maria Alonso Alcaide as its new Global Director of Brand and Content, tasked with strengthening the company's communications strategy in the ten countries in which it currently operates. She will be part of the Public and Corporate Affairs and Communications team led by Ignacio Jimenez Soler.お知らせ • Mar 01Phoenix Tower International LLC completed the acquisition of Cellnex Ireland Limited and Cignal Infrastructure Limited from Cellnex Telecom, S.A. (BME:CLNX).Phoenix Tower International LLC agreed to acquire Cellnex Ireland Limited and Cignal Infrastructure Limited from Cellnex Telecom, S.A. (BME:CLNX) for €970 million on March 5, 2024. The closing of this transaction is subject to regulatory approvals and Competition and Consumer Protection Commission (CCPC). Cellnex will use the proceeds of this deal to reduce its debt. As of July 25, 2024, Commission is unable, at this stage, to make a determination that the result of the Proposed Transaction will not be to substantially lessen competition in any market for goods or services in the State. Accordingly, the Commission intends to carry out a full investigation under section 22 of the Act. As of November 12, 2024, The assessment sets out the CCPC’s preliminary concerns about how the proposed acquisition could reduce competition in the passive infrastructure sector. Based on the timelines as set out in the CCPC’s merger review process, it is expected that the full investigation will conclude no later than February 2025. As of February 7, 2025, Ireland's Competition Authority has approved the sale of 100% of Cellnex's business in the country to Phoenix Tower International. The approval of the Irish Competition Authority is one of the regulatory approvals that the operation had to pass and now the final phase of the process prior to the formal closing of the transaction is underway, which will be completed in the coming weeks. Nomura is serving as exclusive financial advisor and Connor Manning, Patrick Horan, Ailish Finnerty, Deirdre Sheehan, Aaron Boyle, Louise O’Byrne, and Olivia Mullooly of Arthur Cox is serving as legal counsel to PTI. Barclays and Santander are serving as financial advisors and George Brady, Katherine Hall, Rachael Toland Burke, Conor Blennerhassett, Hilda Wrixon, Niall Collins, Simon Shinkwin, Jessica Brannigan, Zainab Masood, Patricia Einfeldt and Kelly McGann of Matheson is serving as legal counsel to Cellnex. Phoenix Tower International LLC completed the acquisition of Cellnex Ireland Limited and Cignal Infrastructure Limited from Cellnex Telecom, S.A. (BME:CLNX) on February 28, 2025. Phoenix Tower International has acquired 100% of Cellnex's business in Ireland for approximately €971 million. Following the closing and as announced in January, the Company will start its share buyback programme of up to €800 million.お知らせ • Jan 15Cellnex Telecom, S.A. (BME:CLNX) announces an Equity Buyback for €800 million worth of its shares.Cellnex Telecom, S.A. (BME:CLNX) announces a share repurchase program. Under the program, the company will repurchase up to €800 million worth of its common stock. The purpose of the program is to take advantage of the current level of the share price and reduce the company's share capital by amortising said shares. The repurchase plan is valid till December 2025.お知らせ • Nov 27+ 3 more updatesCellnex Telecom, S.A. to Report Q3, 2025 Results on Nov 07, 2025Cellnex Telecom, S.A. announced that they will report Q3, 2025 results on Nov 07, 2025Reported Earnings • Nov 12Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: €0.39. Revenue: €1.22b (up 7.2% from 3Q 2023). Net income: €278.1m (up €282.6m from 3Q 2023). Profit margin: 23% (up from net loss in 3Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.Declared Dividend • Nov 11First half dividend of €0.046 announcedShareholders will receive a dividend of €0.046. Ex-date: 19th November 2024 Payment date: 21st November 2024 Dividend yield will be 0.2%, which is lower than the industry average of 2.9%.Reported Earnings • Aug 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €975.0m (up 10% from 2Q 2023). Net loss: €379.0m (loss widened 270% from 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany.Declared Dividend • Jun 03Dividend of €0.017 announcedShareholders will receive a dividend of €0.017. Ex-date: 13th June 2024 Payment date: 17th June 2024 Dividend yield will be 0.2%, which is lower than the industry average of 2.9%.Reported Earnings • Apr 26First quarter 2024 earnings releasedFirst quarter 2024 results: €0.055 loss per share. Revenue: €946.0m (down 4.0% from 1Q 2023). Net loss: €39.0m (loss narrowed 57% from 1Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany.お知らせ • Mar 21Cellnex Telecom, S.A., Annual General Meeting, Apr 25, 2024Cellnex Telecom, S.A., Annual General Meeting, Apr 25, 2024, at 11:30 Central European Standard Time. Location: Vandergoten street, 1, (Building of the Royal Tapestry Factory), 28014 Madrid Spain Agenda: To consider the individual annual accounts and management report and the consolidated annual accounts and management report (financial statements) for the year ended 31 December 2023; to consider the non-financial information contained in the consolidated management report for the year ended 31 December 2023; to consider the allocation of profit or loss for the year ended 31 December 2023; to consider the Board of Directors's management and activity in the year ended 31 December 2023; to consider the appointment of the auditors of the Company and its consolidated group for the financial year 2025, 2026 and 2027; to consider the re-election of directors; o consider the annual report on directors' remuneration for the year ended 31 December 2023; and to consider the other matters.Reported Earnings • Mar 03Full year 2023 earnings releasedFull year 2023 results: Revenue: €4.05b (up 25% from FY 2022). Net loss: €297.0m (flat on FY 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.お知らせ • Mar 01Boldyn Networks Communications Uk Limited completed the acquisition of Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).Boldyn Networks Communications Uk Limited agreed to acquire Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX) on November 10, 2023. Cellnex's private networks business unit -the Edzcom team- will become part of Boldyn's Group Strategy team as a strategic part of the company's future growth. The transaction is subject to customary regulatory and other consents and It’s expected to close in Q1 2024. DLA Piper LLP (US) acted as legal advisor to Boldyn Networks Communications Uk Limited. Bird & Bird Attorneys Ltd acted as legal advisor and PwC Corporate Finance as Financial advisor to Edzcom Oy and Cellnex Telecom, S.A. Boldyn Networks Communications Uk Limited completed the acquisition of Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX) on March 01, 2024.お知らせ • Feb 15Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish UnitSBA Communications Corporation (NasdaqGS:SBAC), Phoenix Tower and Asterion Industrial Partners are vying for Cellnex Telecom, S.A. (BME:CLNX) Irish unit, according to five sources familiar with the matter. Mobile phone tower operator Cellnex is advised by Santander (SAN.MC), and Barclays (BARC.L), on the deal and binding offers from the three parties are expected next week, three of the sources added, speaking on condition of anonymity. A deal would value Cellnex's Irish unit, which manages almost 2,000 sites in the country, close to EUR 1 billion ($1.08 billion), the fourth person said. Cellnex declined to comment.お知らせ • Feb 02Cellnex Telecom, S.A. Names Daniel Pataki as New Director of Regulation and European AffairsCellnex Telecom, S.A. has announced the appointment of Daniel Pataki as the group's new Director of Regulation and European Affairs. Pataki will report directly to Cellnex CEO Marco Patuano, and will join the Group's Executive Committee.お知らせ • Jan 23Cellnex Reportedly Considers Polish Unit Stake Sale, Taps AdvisersCellnex Telecom, S.A. (BME:CLNX)is considering selling a minority stake in its Polish operations, four sources close to the talks said, which would be the latest asset disposal by the mobile phone tower operator as it seeks to reduce its debt. Any deal would likely value the Polish unit above EUR 3 billion (USD 3.27 billion) excluding debt, two of the people said. Cellnex is working with advisers including JPMorgan to evaluate the sale of a stake in its Polish business, as it seeks to raise financing for a potential agreement with Iliad Group in Poland, said the people, who spoke on condition of anonymity. BNP Paribas is also working on the sale, one of the people said. Cellnex and Iliad are in talks over a possible arrangement for the Spanish company to expand the telecoms infrastructure that it manages for Iliad in Poland, a second person said. A formal sale process for the stake is scheduled to kick off before the summer, the sources said. However, the plans may still be changed or dropped, they cautioned. Spokespeople for Cellnex, JPMorgan and BNP declined to comment. Iliad did not respond to requests for comment.Buying Opportunity • Jan 05Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be €44.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 80% in the next 2 years.お知らせ • Dec 01Stonepeak Partners LP completed the acquisition of 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX).Stonepeak Partners LP reached an agreement to acquire a 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX) for €730 million on September 29, 2023. Cellnex will continue to manage the day-to-day business of Cellnex Nordics and consolidate the results of its operations. Cellnex will use the proceeds of this deal to reduce its debt, in line with the objectives set in November 2022 which prioritize organic growth and achieving an investment grade credit rating by S&P. The transaction is subject to regulatory approvals and is expected to be completed by the first quarter of 2024 at the latest. Nomura International Plc is serving as lead financial advisor, Guggenheim Securities is serving as financial advisor to Stonepeak Partners LP. Gavin Williams, Casey Dalton, Veronica Roberts, Nicolás Martín, Daniel Alaminos from Herbert Smith Freehills LLP acted as legal advisors to Stonepeak. Setterwalls Advokatbyrå Ab and Plesner Advokatpartnerselskab acted as legal advisors and advised on Swedish and Danish aspects to Stonepeak Partners LP. AZ Capital is serving as financial advisor to Cellnex. Jorge Adell, Nick Rainsford and John Gustafson of Baker & McKenzie LLP are serving as legal counsels to Cellnex. Stonepeak Partners LP completed the acquisition of 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX) on November 30, 2023.お知らせ • Nov 21Cellnex Reportedly Plans to Sell Assets in Austria, IrelandSpanish mobile phone masts operator Cellnex Telecom, S.A. (BME:CLNX) plans to sell its Austrian and Irish businesses or stakes in the two units as part of its strategy to cut its debt, newspaper Cinco Dias reported on November 20, 2023 citing unidentified market sources. A spokesperson for Cellnex declined to comment. Cellnex which had fuelled its fast expansion in many European countries through debt for several years, has switched to focus on reducing debt and upgrading its credit rating by next year. In September, Cellnex had announced the sale of a 49% stake in its Swedish and Danish units to infrastructure investor Stonepeak for €730 million ($796.21 million).お知らせ • Nov 12Boldyn Networks Communications Uk Limited agreed to acquire Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).Boldyn Networks Communications Uk Limited agreed to acquire Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX) on November 10, 2023. The transaction is subject to customary regulatory and other consents and It’s expected to close in Q1 2024. DLA Piper LLP (US) acted as legal advisor to Boldyn Networks Communications Uk Limited. Bird & Bird Attorneys Ltd acted as legal advisor, Bird & Bird Attorneys Ltd acted as legal advisor to Edzcom Oy and Cellnex Telecom, S.A. (BME:CLNX).Reported Earnings • Nov 12Third quarter 2023 earnings releasedThird quarter 2023 results: €0.006 loss per share. Revenue: €1.14b (up 14% from 3Q 2022). Net loss: €4.56m (loss narrowed 95% from 3Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Germany.お知らせ • Oct 25Cellnex Telecom, S.A. Announces CFO ChangesCellnex Telecom has announced the appointment of Raimon Trias as the group's new chief financial officer, replacing Jose Manuel Aisa, who will step down on 31 October. Trias has more than 20 years of experience in industrial groups including Nueva Pescanova, Celsa and Natra, where he is currently CFO and a member of its board of directors.お知らせ • Oct 19Cellnex Telecom, S.A. Announces Appointment of Luca Luciani as Managing DirectorCellnex Telecom, S.A. announced appointment of Luca Luciani as the new managing director of its Italian unit, succeeding Gianluca Landolina, who takes over at the helm of Cellnex UK.New Risk • Jul 28New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€275m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€275m). Shareholders have been diluted in the past year (5.1% increase in shares outstanding).お知らせ • Jul 27Cellnex Reportedly Explores Sale of a Slice in 1 Billion Euros Worth Sweden, Denmark UnitsSpain’s Cellnex Telecom, S.A. (BME:CLNX) is exploring a sale of a stake in its Nordic operations that could value the unit at to EUR 1 billion ($1.11 billion), people familiar with the matter said, as the company looks to pay down debt. The telecoms group is working with bankers at AZ Capital, a Spanish boutique financial advisory firm, to gauge interest in its Swedish and Denmark operations, said the people, who spoke on condition of anonymity.Upcoming Dividend • Jun 07Upcoming dividend of €0.017 per share at 0.1% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 16 June 2023. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.3%).Buying Opportunity • May 10Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €46.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has declined by 25%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 69% in the next 2 years.Board Change • May 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director María Ballester Fornés was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 28First quarter 2023 earnings releasedFirst quarter 2023 results: €0.13 loss per share. Revenue: €985.0m (up 19% from 1Q 2022). Net loss: €90.0m (loss narrowed 3.2% from 1Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany.Reported Earnings • Mar 02Full year 2022 earnings releasedFull year 2022 results: Revenue: €3.50b (up 44% from FY 2021). Net loss: €297.0m (loss narrowed 16% from FY 2021). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.Buying Opportunity • Feb 07Now 21% undervaluedOver the last 90 days, the stock is up 9.4%. The fair value is estimated to be €45.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has declined by 61%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings is also forecast to grow by 55% per annum over the same time period.Upcoming Dividend • Nov 16Upcoming dividend of €0.035 per shareEligible shareholders must have bought the stock before 22 November 2022. Payment date: 24 November 2022. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.4%).お知らせ • Sep 20+ 2 more updatesCellnex Telecom, S.A. to Report Fiscal Year 2022 Results on Mar 01, 2023Cellnex Telecom, S.A. announced that they will report fiscal year 2022 results on Mar 01, 2023Reported Earnings • Jul 29Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €862.0m (up 68% from 2Q 2021). Net loss: €77.0m (loss widened 222% from 2Q 2021). Over the next year, revenue is forecast to grow 18%, compared to a 1.9% growth forecast for the industry in Germany.Reported Earnings • May 01First quarter 2022 earnings releasedFirst quarter 2022 results: €0.14 loss per share. Revenue: €828.0m (up 64% from 1Q 2021). Net loss: €93.0m (loss widened 116% from 1Q 2021). Over the next year, revenue is forecast to grow 29%, compared to a 2.6% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.Breakeven Date Change • Mar 04Forecast breakeven date pushed back to 2024The 22 analysts covering Cellnex Telecom previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 90% per year to 2023. The company is expected to make a profit of €75.4m in 2024. Average annual earnings growth of 61% is required to achieve expected profit on schedule.Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: €0.58 loss per share (down from €0.35 loss in FY 2020). Revenue: €2.53b (up 62% from FY 2020). Net loss: €351.4m (loss widened 164% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 38% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.Reported Earnings • Oct 31Third quarter 2021 earnings released: €0.12 loss per shareThe company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €741.9m (up 67% from 3Q 2020). Net loss: €78.1m (loss widened 91% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 21 analysts covering Cellnex Telecom expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €105.6m in 2023. Average annual earnings growth of 67% is required to achieve expected profit on schedule.Reported Earnings • Jul 30Second quarter 2021 earnings releasedThe company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €553.3m (up 60% from 2Q 2020). Net loss: €23.9m (loss widened 82% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.Breakeven Date Change • Jul 30Forecast breakeven moved forward to 2022The 17 analysts covering Cellnex Telecom previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 39% to 2021. The company is expected to make a profit of €736.5k in 2022. Average annual earnings growth of 87% is required to achieve expected profit on schedule.Breakeven Date Change • Jul 09Forecast breakeven pushed back to 2023The 15 analysts covering Cellnex Telecom previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 71% per year to 2022. The company is expected to make a profit of €162.7m in 2023. Average annual earnings growth of 78% is required to achieve expected profit on schedule.Breakeven Date Change • Jun 25Forecast breakeven pushed back to 2023The 16 analysts covering Cellnex Telecom previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 59% per year to 2022. The company is expected to make a profit of €143.2m in 2023. Average annual earnings growth of 77% is required to achieve expected profit on schedule.Upcoming Dividend • Jun 08Upcoming dividend of €0.017 per shareEligible shareholders must have bought the stock before 15 June 2021. Payment date: 17 June 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.4%).Reported Earnings • May 13First quarter 2021 earnings released: €0.088 loss per shareThe company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: €506.0m (up 41% from 1Q 2020). Net loss: €43.0m (loss widened 43% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.Is New 90 Day High Low • Feb 11New 90-day low: €45.62The company is down 16% from its price of €54.00 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.31 per share.Is New 90 Day High Low • Dec 28New 90-day low: €49.04The company is down 8.0% from its price of €53.44 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.33 per share.Is New 90 Day High Low • Nov 16New 90-day low: €51.02The company is down 5.0% from its price of €53.54 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.68 per share.Reported Earnings • Nov 06Third quarter 2020 earnings released: €0.11 loss per shareThe company reported a mediocre third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: €445.3m (up 58% from 3Q 2019). Net loss: €40.8m (loss widened 255% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.Analyst Estimate Surprise Post Earnings • Nov 06Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 31%, compared to a 12% growth forecast for the Telecom industry in Germany.Is New 90 Day High Low • Oct 31New 90-day high: €54.80The company is up 3.0% from its price of €53.00 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.67 per share.業績と収益の成長予測DB:472 - アナリストの将来予測と過去の財務データ ( )EUR Millions日付収益収益フリー・キャッシュフロー営業活動によるキャッシュ平均アナリスト数12/31/20284,807882,143N/A1212/31/20274,532352,061N/A2212/31/20264,334-1711,963N/A223/31/20264,140-349N/AN/AN/A12/31/20254,120-3615262,286N/A9/30/20254,104-151N/AN/AN/A6/30/20254,0922753162,241N/A3/31/20254,107-38N/AN/AN/A12/31/20244,070-282762,307N/A9/30/20243,998-239N/AN/AN/A6/30/20243,917-520-152,112N/A3/31/20243,863-245N/AN/AN/A12/31/20233,804-297-1262,068N/A9/30/20233,684-240N/AN/AN/A6/30/20233,542-322-2752,059N/A3/31/20233,405-295N/AN/AN/A12/31/20223,248-297-7391,829N/A9/30/20223,250-461N/AN/AN/A6/30/20222,996-466-6661,513N/A3/31/20222,760-401N/AN/AN/A12/31/20212,438-363-3801,141N/A9/30/20212,173-194N/AN/AN/A6/30/20211,877-159-311859N/A3/31/20211,710-146N/AN/AN/A12/31/20201,562-13531790N/A9/30/20201,396-81N/AN/AN/A6/30/20201,233-52-246572N/A3/31/20201,117-39N/AN/AN/A12/31/20191,000-9N/A420N/A9/30/2019955-1N/AN/AN/A6/30/201991615N/A451N/A3/31/201989122N/AN/AN/A12/31/2018867-15N/A396N/A9/30/2018844-26N/AN/AN/A6/30/2018818-21N/A367N/A3/31/2018786-13N/AN/AN/A12/31/201775826N/A375N/A9/30/201772938N/AN/AN/A6/30/201771332N/A315N/A3/31/201769440N/AN/AN/A12/31/201667040N/A252N/A9/30/201664263N/AN/AN/A6/30/201662653N/A221N/A3/31/201662350N/AN/AN/A12/31/201557547N/A238N/A9/30/201554734N/AN/AN/A6/30/201548045N/A242N/Aもっと見るアナリストによる今後の成長予測収入対貯蓄率: 472は今後 3 年間で収益性が向上すると予測されており、これは 貯蓄率 ( 1.9% ) よりも高い成長率であると考えられます。収益対市場: 472今後 3 年間で収益性が向上すると予想されており、これは市場平均を上回る成長と考えられます。高成長収益: 472今後 3 年以内に収益を上げることが予想されます。収益対市場: 472の収益 ( 4.6% ) German市場 ( 6.4% ) よりも低い成長が予測されています。高い収益成長: 472の収益 ( 4.6% ) 20%よりも低い成長が予測されています。一株当たり利益成長率予想将来の株主資本利益率将来のROE: 472の 自己資本利益率 は、3年後には低くなると予測されています ( 0.5 %)。成長企業の発掘7D1Y7D1Y7D1YTelecom 業界の高成長企業。View Past Performance企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/05/06 10:17終値2026/05/06 00:00収益2026/03/31年間収益2025/12/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレーク本レポートを生成するために使用した分析モデルの詳細は当社のGithubページでご覧いただけます。また、レポートの使用方法に関するガイドやYoutubeのチュートリアルも掲載しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Cellnex Telecom, S.A. 22 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。43 アナリスト機関null nullBanco de Sabadell. S.A.Andrés Bolumburu CámaraBanco de Sabadell. S.A.Fernando Cordero BarreiraBanco Santander40 その他のアナリストを表示
Breakeven Date Change • Mar 04Forecast breakeven date pushed back to 2024The 22 analysts covering Cellnex Telecom previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 90% per year to 2023. The company is expected to make a profit of €75.4m in 2024. Average annual earnings growth of 61% is required to achieve expected profit on schedule.
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 21 analysts covering Cellnex Telecom expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €105.6m in 2023. Average annual earnings growth of 67% is required to achieve expected profit on schedule.
Breakeven Date Change • Jul 30Forecast breakeven moved forward to 2022The 17 analysts covering Cellnex Telecom previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 39% to 2021. The company is expected to make a profit of €736.5k in 2022. Average annual earnings growth of 87% is required to achieve expected profit on schedule.
Breakeven Date Change • Jul 09Forecast breakeven pushed back to 2023The 15 analysts covering Cellnex Telecom previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 71% per year to 2022. The company is expected to make a profit of €162.7m in 2023. Average annual earnings growth of 78% is required to achieve expected profit on schedule.
Breakeven Date Change • Jun 25Forecast breakeven pushed back to 2023The 16 analysts covering Cellnex Telecom previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 59% per year to 2022. The company is expected to make a profit of €143.2m in 2023. Average annual earnings growth of 77% is required to achieve expected profit on schedule.
お知らせ • Mar 30Cellnex Telecom, S.A., Annual General Meeting, Apr 29, 2026Cellnex Telecom, S.A., Annual General Meeting, Apr 29, 2026. Location: paseo de la castellana 81, madrid., Spain
お知らせ • Feb 06+ 3 more updatesCellnex Telecom, S.A. to Report Q1, 2026 Results on Apr 30, 2026Cellnex Telecom, S.A. announced that they will report Q1, 2026 results on Apr 30, 2026
お知らせ • Apr 07Cellnex Telecom, S.A., Annual General Meeting, May 08, 2025Cellnex Telecom, S.A., Annual General Meeting, May 08, 2025. Location: calle de larra 14., madrid Spain
お知らせ • Apr 02Cellnex Is Said to Kick Off €2 Billion Sale of Switzerland UnitCellnex Telecom, S.A. (BME:CLNX) has kicked off a sale of its majority stake in its Swiss business, which could fetch as much as €2 billion ($2.2 billion), according to people with knowledge of the matter. Cellnex is working with JPMorgan Chase & Co. and Societe Generale SA on the potential sale, the people said, asking not to be identified as information is private. Marketing materials were sent out last week, they said.
お知らせ • Mar 18Cellnex Telecom Announces Appointment of Maria Alonso Alcaide as Its Global Director of Brand and ContentCellnex Telecom announced the appointment of Maria Alonso Alcaide as its new Global Director of Brand and Content, tasked with strengthening the company's communications strategy in the ten countries in which it currently operates. She will be part of the Public and Corporate Affairs and Communications team led by Ignacio Jimenez Soler.
お知らせ • Mar 01Phoenix Tower International LLC completed the acquisition of Cellnex Ireland Limited and Cignal Infrastructure Limited from Cellnex Telecom, S.A. (BME:CLNX).Phoenix Tower International LLC agreed to acquire Cellnex Ireland Limited and Cignal Infrastructure Limited from Cellnex Telecom, S.A. (BME:CLNX) for €970 million on March 5, 2024. The closing of this transaction is subject to regulatory approvals and Competition and Consumer Protection Commission (CCPC). Cellnex will use the proceeds of this deal to reduce its debt. As of July 25, 2024, Commission is unable, at this stage, to make a determination that the result of the Proposed Transaction will not be to substantially lessen competition in any market for goods or services in the State. Accordingly, the Commission intends to carry out a full investigation under section 22 of the Act. As of November 12, 2024, The assessment sets out the CCPC’s preliminary concerns about how the proposed acquisition could reduce competition in the passive infrastructure sector. Based on the timelines as set out in the CCPC’s merger review process, it is expected that the full investigation will conclude no later than February 2025. As of February 7, 2025, Ireland's Competition Authority has approved the sale of 100% of Cellnex's business in the country to Phoenix Tower International. The approval of the Irish Competition Authority is one of the regulatory approvals that the operation had to pass and now the final phase of the process prior to the formal closing of the transaction is underway, which will be completed in the coming weeks. Nomura is serving as exclusive financial advisor and Connor Manning, Patrick Horan, Ailish Finnerty, Deirdre Sheehan, Aaron Boyle, Louise O’Byrne, and Olivia Mullooly of Arthur Cox is serving as legal counsel to PTI. Barclays and Santander are serving as financial advisors and George Brady, Katherine Hall, Rachael Toland Burke, Conor Blennerhassett, Hilda Wrixon, Niall Collins, Simon Shinkwin, Jessica Brannigan, Zainab Masood, Patricia Einfeldt and Kelly McGann of Matheson is serving as legal counsel to Cellnex. Phoenix Tower International LLC completed the acquisition of Cellnex Ireland Limited and Cignal Infrastructure Limited from Cellnex Telecom, S.A. (BME:CLNX) on February 28, 2025. Phoenix Tower International has acquired 100% of Cellnex's business in Ireland for approximately €971 million. Following the closing and as announced in January, the Company will start its share buyback programme of up to €800 million.
お知らせ • Jan 15Cellnex Telecom, S.A. (BME:CLNX) announces an Equity Buyback for €800 million worth of its shares.Cellnex Telecom, S.A. (BME:CLNX) announces a share repurchase program. Under the program, the company will repurchase up to €800 million worth of its common stock. The purpose of the program is to take advantage of the current level of the share price and reduce the company's share capital by amortising said shares. The repurchase plan is valid till December 2025.
お知らせ • Nov 27+ 3 more updatesCellnex Telecom, S.A. to Report Q3, 2025 Results on Nov 07, 2025Cellnex Telecom, S.A. announced that they will report Q3, 2025 results on Nov 07, 2025
Reported Earnings • Nov 12Third quarter 2024 earnings releasedThird quarter 2024 results: EPS: €0.39. Revenue: €1.22b (up 7.2% from 3Q 2023). Net income: €278.1m (up €282.6m from 3Q 2023). Profit margin: 23% (up from net loss in 3Q 2023). Revenue is forecast to grow 5.2% p.a. on average during the next 3 years, compared to a 2.4% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings.
Declared Dividend • Nov 11First half dividend of €0.046 announcedShareholders will receive a dividend of €0.046. Ex-date: 19th November 2024 Payment date: 21st November 2024 Dividend yield will be 0.2%, which is lower than the industry average of 2.9%.
Reported Earnings • Aug 02Second quarter 2024 earnings releasedSecond quarter 2024 results: Revenue: €975.0m (up 10% from 2Q 2023). Net loss: €379.0m (loss widened 270% from 2Q 2023). Revenue is forecast to grow 5.9% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany.
Declared Dividend • Jun 03Dividend of €0.017 announcedShareholders will receive a dividend of €0.017. Ex-date: 13th June 2024 Payment date: 17th June 2024 Dividend yield will be 0.2%, which is lower than the industry average of 2.9%.
Reported Earnings • Apr 26First quarter 2024 earnings releasedFirst quarter 2024 results: €0.055 loss per share. Revenue: €946.0m (down 4.0% from 1Q 2023). Net loss: €39.0m (loss narrowed 57% from 1Q 2023). Revenue is forecast to grow 6.1% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany.
お知らせ • Mar 21Cellnex Telecom, S.A., Annual General Meeting, Apr 25, 2024Cellnex Telecom, S.A., Annual General Meeting, Apr 25, 2024, at 11:30 Central European Standard Time. Location: Vandergoten street, 1, (Building of the Royal Tapestry Factory), 28014 Madrid Spain Agenda: To consider the individual annual accounts and management report and the consolidated annual accounts and management report (financial statements) for the year ended 31 December 2023; to consider the non-financial information contained in the consolidated management report for the year ended 31 December 2023; to consider the allocation of profit or loss for the year ended 31 December 2023; to consider the Board of Directors's management and activity in the year ended 31 December 2023; to consider the appointment of the auditors of the Company and its consolidated group for the financial year 2025, 2026 and 2027; to consider the re-election of directors; o consider the annual report on directors' remuneration for the year ended 31 December 2023; and to consider the other matters.
Reported Earnings • Mar 03Full year 2023 earnings releasedFull year 2023 results: Revenue: €4.05b (up 25% from FY 2022). Net loss: €297.0m (flat on FY 2022). Revenue is forecast to grow 5.1% p.a. on average during the next 3 years, compared to a 1.6% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 6% per year.
お知らせ • Mar 01Boldyn Networks Communications Uk Limited completed the acquisition of Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).Boldyn Networks Communications Uk Limited agreed to acquire Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX) on November 10, 2023. Cellnex's private networks business unit -the Edzcom team- will become part of Boldyn's Group Strategy team as a strategic part of the company's future growth. The transaction is subject to customary regulatory and other consents and It’s expected to close in Q1 2024. DLA Piper LLP (US) acted as legal advisor to Boldyn Networks Communications Uk Limited. Bird & Bird Attorneys Ltd acted as legal advisor and PwC Corporate Finance as Financial advisor to Edzcom Oy and Cellnex Telecom, S.A. Boldyn Networks Communications Uk Limited completed the acquisition of Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX) on March 01, 2024.
お知らせ • Feb 15Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish UnitSBA Communications Corporation (NasdaqGS:SBAC), Phoenix Tower and Asterion Industrial Partners are vying for Cellnex Telecom, S.A. (BME:CLNX) Irish unit, according to five sources familiar with the matter. Mobile phone tower operator Cellnex is advised by Santander (SAN.MC), and Barclays (BARC.L), on the deal and binding offers from the three parties are expected next week, three of the sources added, speaking on condition of anonymity. A deal would value Cellnex's Irish unit, which manages almost 2,000 sites in the country, close to EUR 1 billion ($1.08 billion), the fourth person said. Cellnex declined to comment.
お知らせ • Feb 02Cellnex Telecom, S.A. Names Daniel Pataki as New Director of Regulation and European AffairsCellnex Telecom, S.A. has announced the appointment of Daniel Pataki as the group's new Director of Regulation and European Affairs. Pataki will report directly to Cellnex CEO Marco Patuano, and will join the Group's Executive Committee.
お知らせ • Jan 23Cellnex Reportedly Considers Polish Unit Stake Sale, Taps AdvisersCellnex Telecom, S.A. (BME:CLNX)is considering selling a minority stake in its Polish operations, four sources close to the talks said, which would be the latest asset disposal by the mobile phone tower operator as it seeks to reduce its debt. Any deal would likely value the Polish unit above EUR 3 billion (USD 3.27 billion) excluding debt, two of the people said. Cellnex is working with advisers including JPMorgan to evaluate the sale of a stake in its Polish business, as it seeks to raise financing for a potential agreement with Iliad Group in Poland, said the people, who spoke on condition of anonymity. BNP Paribas is also working on the sale, one of the people said. Cellnex and Iliad are in talks over a possible arrangement for the Spanish company to expand the telecoms infrastructure that it manages for Iliad in Poland, a second person said. A formal sale process for the stake is scheduled to kick off before the summer, the sources said. However, the plans may still be changed or dropped, they cautioned. Spokespeople for Cellnex, JPMorgan and BNP declined to comment. Iliad did not respond to requests for comment.
Buying Opportunity • Jan 05Now 20% undervaluedOver the last 90 days, the stock is up 19%. The fair value is estimated to be €44.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 31% over the last 3 years, while earnings per share has been flat. Revenue is forecast to grow by 21% in 2 years. Earnings is forecast to grow by 80% in the next 2 years.
お知らせ • Dec 01Stonepeak Partners LP completed the acquisition of 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX).Stonepeak Partners LP reached an agreement to acquire a 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX) for €730 million on September 29, 2023. Cellnex will continue to manage the day-to-day business of Cellnex Nordics and consolidate the results of its operations. Cellnex will use the proceeds of this deal to reduce its debt, in line with the objectives set in November 2022 which prioritize organic growth and achieving an investment grade credit rating by S&P. The transaction is subject to regulatory approvals and is expected to be completed by the first quarter of 2024 at the latest. Nomura International Plc is serving as lead financial advisor, Guggenheim Securities is serving as financial advisor to Stonepeak Partners LP. Gavin Williams, Casey Dalton, Veronica Roberts, Nicolás Martín, Daniel Alaminos from Herbert Smith Freehills LLP acted as legal advisors to Stonepeak. Setterwalls Advokatbyrå Ab and Plesner Advokatpartnerselskab acted as legal advisors and advised on Swedish and Danish aspects to Stonepeak Partners LP. AZ Capital is serving as financial advisor to Cellnex. Jorge Adell, Nick Rainsford and John Gustafson of Baker & McKenzie LLP are serving as legal counsels to Cellnex. Stonepeak Partners LP completed the acquisition of 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX) on November 30, 2023.
お知らせ • Nov 21Cellnex Reportedly Plans to Sell Assets in Austria, IrelandSpanish mobile phone masts operator Cellnex Telecom, S.A. (BME:CLNX) plans to sell its Austrian and Irish businesses or stakes in the two units as part of its strategy to cut its debt, newspaper Cinco Dias reported on November 20, 2023 citing unidentified market sources. A spokesperson for Cellnex declined to comment. Cellnex which had fuelled its fast expansion in many European countries through debt for several years, has switched to focus on reducing debt and upgrading its credit rating by next year. In September, Cellnex had announced the sale of a 49% stake in its Swedish and Danish units to infrastructure investor Stonepeak for €730 million ($796.21 million).
お知らせ • Nov 12Boldyn Networks Communications Uk Limited agreed to acquire Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).Boldyn Networks Communications Uk Limited agreed to acquire Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX) on November 10, 2023. The transaction is subject to customary regulatory and other consents and It’s expected to close in Q1 2024. DLA Piper LLP (US) acted as legal advisor to Boldyn Networks Communications Uk Limited. Bird & Bird Attorneys Ltd acted as legal advisor, Bird & Bird Attorneys Ltd acted as legal advisor to Edzcom Oy and Cellnex Telecom, S.A. (BME:CLNX).
Reported Earnings • Nov 12Third quarter 2023 earnings releasedThird quarter 2023 results: €0.006 loss per share. Revenue: €1.14b (up 14% from 3Q 2022). Net loss: €4.56m (loss narrowed 95% from 3Q 2022). Revenue is forecast to grow 6.8% p.a. on average during the next 3 years, compared to a 2.3% growth forecast for the Telecom industry in Germany.
お知らせ • Oct 25Cellnex Telecom, S.A. Announces CFO ChangesCellnex Telecom has announced the appointment of Raimon Trias as the group's new chief financial officer, replacing Jose Manuel Aisa, who will step down on 31 October. Trias has more than 20 years of experience in industrial groups including Nueva Pescanova, Celsa and Natra, where he is currently CFO and a member of its board of directors.
お知らせ • Oct 19Cellnex Telecom, S.A. Announces Appointment of Luca Luciani as Managing DirectorCellnex Telecom, S.A. announced appointment of Luca Luciani as the new managing director of its Italian unit, succeeding Gianluca Landolina, who takes over at the helm of Cellnex UK.
New Risk • Jul 28New minor risk - Financial positionThe company has less than a year of cash runway based on its current free cash flow. Free cash flow: -€275m This is considered a minor risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Minor Risks Less than 1 year of cash runway based on current free cash flow (-€275m). Shareholders have been diluted in the past year (5.1% increase in shares outstanding).
お知らせ • Jul 27Cellnex Reportedly Explores Sale of a Slice in 1 Billion Euros Worth Sweden, Denmark UnitsSpain’s Cellnex Telecom, S.A. (BME:CLNX) is exploring a sale of a stake in its Nordic operations that could value the unit at to EUR 1 billion ($1.11 billion), people familiar with the matter said, as the company looks to pay down debt. The telecoms group is working with bankers at AZ Capital, a Spanish boutique financial advisory firm, to gauge interest in its Swedish and Denmark operations, said the people, who spoke on condition of anonymity.
Upcoming Dividend • Jun 07Upcoming dividend of €0.017 per share at 0.1% yieldEligible shareholders must have bought the stock before 14 June 2023. Payment date: 16 June 2023. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (4.7%). Lower than average of industry peers (3.3%).
Buying Opportunity • May 10Now 20% undervaluedThe stock has been flat over the last 90 days. The fair value is estimated to be €46.77, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 37% over the last 3 years. Earnings per share has declined by 25%. Revenue is forecast to grow by 27% in 2 years. Earnings is forecast to grow by 69% in the next 2 years.
Board Change • May 03High number of new directorsThere are 5 new directors who have joined the board in the last 3 years. Independent Director María Ballester Fornés was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 28First quarter 2023 earnings releasedFirst quarter 2023 results: €0.13 loss per share. Revenue: €985.0m (up 19% from 1Q 2022). Net loss: €90.0m (loss narrowed 3.2% from 1Q 2022). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 1.7% growth forecast for the Telecom industry in Germany.
Reported Earnings • Mar 02Full year 2022 earnings releasedFull year 2022 results: Revenue: €3.50b (up 44% from FY 2021). Net loss: €297.0m (loss narrowed 16% from FY 2021). Revenue is forecast to grow 7.2% p.a. on average during the next 3 years, compared to a 1.9% growth forecast for the Telecom industry in Germany. Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.
Buying Opportunity • Feb 07Now 21% undervaluedOver the last 90 days, the stock is up 9.4%. The fair value is estimated to be €45.87, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 42% over the last 3 years. Earnings per share has declined by 61%. For the next 3 years, revenue is forecast to grow by 7.1% per annum. Earnings is also forecast to grow by 55% per annum over the same time period.
Upcoming Dividend • Nov 16Upcoming dividend of €0.035 per shareEligible shareholders must have bought the stock before 22 November 2022. Payment date: 24 November 2022. Trailing yield: 0.2%. Lower than top quartile of German dividend payers (4.8%). Lower than average of industry peers (3.4%).
お知らせ • Sep 20+ 2 more updatesCellnex Telecom, S.A. to Report Fiscal Year 2022 Results on Mar 01, 2023Cellnex Telecom, S.A. announced that they will report fiscal year 2022 results on Mar 01, 2023
Reported Earnings • Jul 29Second quarter 2022 earnings releasedSecond quarter 2022 results: Revenue: €862.0m (up 68% from 2Q 2021). Net loss: €77.0m (loss widened 222% from 2Q 2021). Over the next year, revenue is forecast to grow 18%, compared to a 1.9% growth forecast for the industry in Germany.
Reported Earnings • May 01First quarter 2022 earnings releasedFirst quarter 2022 results: €0.14 loss per share. Revenue: €828.0m (up 64% from 1Q 2021). Net loss: €93.0m (loss widened 116% from 1Q 2021). Over the next year, revenue is forecast to grow 29%, compared to a 2.6% growth forecast for the industry in Germany. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance.
Breakeven Date Change • Mar 04Forecast breakeven date pushed back to 2024The 22 analysts covering Cellnex Telecom previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 90% per year to 2023. The company is expected to make a profit of €75.4m in 2024. Average annual earnings growth of 61% is required to achieve expected profit on schedule.
Reported Earnings • Feb 27Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: €0.58 loss per share (down from €0.35 loss in FY 2020). Revenue: €2.53b (up 62% from FY 2020). Net loss: €351.4m (loss widened 164% from FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 38% while the industry in Germany is not expected to grow. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance.
Reported Earnings • Oct 31Third quarter 2021 earnings released: €0.12 loss per shareThe company reported a mediocre third quarter result with increased losses and weaker control over costs, although revenues improved. Third quarter 2021 results: Revenue: €741.9m (up 67% from 3Q 2020). Net loss: €78.1m (loss widened 91% from 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 110 percentage points per year, which is a significant difference in performance.
Breakeven Date Change • Sep 23Forecast to breakeven in 2023The 21 analysts covering Cellnex Telecom expect the company to break even for the first time. New consensus forecast suggests the company will make a profit of €105.6m in 2023. Average annual earnings growth of 67% is required to achieve expected profit on schedule.
Reported Earnings • Jul 30Second quarter 2021 earnings releasedThe company reported a mediocre second quarter result with increased losses and weaker control over costs, although revenues improved. Second quarter 2021 results: Revenue: €553.3m (up 60% from 2Q 2020). Net loss: €23.9m (loss widened 82% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance.
Breakeven Date Change • Jul 30Forecast breakeven moved forward to 2022The 17 analysts covering Cellnex Telecom previously expected the company to break even in 2023. New consensus forecast suggests losses will reduce by 39% to 2021. The company is expected to make a profit of €736.5k in 2022. Average annual earnings growth of 87% is required to achieve expected profit on schedule.
Breakeven Date Change • Jul 09Forecast breakeven pushed back to 2023The 15 analysts covering Cellnex Telecom previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 71% per year to 2022. The company is expected to make a profit of €162.7m in 2023. Average annual earnings growth of 78% is required to achieve expected profit on schedule.
Breakeven Date Change • Jun 25Forecast breakeven pushed back to 2023The 16 analysts covering Cellnex Telecom previously expected the company to break even in 2022. New consensus forecast suggests losses will reduce by 59% per year to 2022. The company is expected to make a profit of €143.2m in 2023. Average annual earnings growth of 77% is required to achieve expected profit on schedule.
Upcoming Dividend • Jun 08Upcoming dividend of €0.017 per shareEligible shareholders must have bought the stock before 15 June 2021. Payment date: 17 June 2021. Trailing yield: 0.1%. Lower than top quartile of German dividend payers (3.2%). Lower than average of industry peers (4.4%).
Reported Earnings • May 13First quarter 2021 earnings released: €0.088 loss per shareThe company reported a mediocre first quarter result with increased losses and weaker control over costs, although revenues improved. First quarter 2021 results: Revenue: €506.0m (up 41% from 1Q 2020). Net loss: €43.0m (loss widened 43% from 1Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance.
Is New 90 Day High Low • Feb 11New 90-day low: €45.62The company is down 16% from its price of €54.00 on 12 November 2020. The German market is up 10.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is flat over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €21.31 per share.
Is New 90 Day High Low • Dec 28New 90-day low: €49.04The company is down 8.0% from its price of €53.44 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €19.33 per share.
Is New 90 Day High Low • Nov 16New 90-day low: €51.02The company is down 5.0% from its price of €53.54 on 18 August 2020. The German market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is down 3.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.68 per share.
Reported Earnings • Nov 06Third quarter 2020 earnings released: €0.11 loss per shareThe company reported a mediocre third quarter result with increased losses and weaker control over expenses, although revenues were improved. Third quarter 2020 results: Revenue: €445.3m (up 58% from 3Q 2019). Net loss: €40.8m (loss widened 255% from 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 75% per year but the company’s share price has increased by 40% per year, which means it is well ahead of earnings.
Analyst Estimate Surprise Post Earnings • Nov 06Revenue beats expectationsRevenue exceeded analyst estimates by 0.6%. Over the next year, revenue is forecast to grow 31%, compared to a 12% growth forecast for the Telecom industry in Germany.
Is New 90 Day High Low • Oct 31New 90-day high: €54.80The company is up 3.0% from its price of €53.00 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Telecom industry, which is down 9.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €25.67 per share.