Are Investors Undervaluing Cellnex Telecom, S.A. (BME:CLNX) By 46%?
Aug 23
Have your own idea? Try our Stock Screener
Spanish (IBEX) Telecom Sector Analysis
UpdatedAug 28, 2025
DataAggregated Company Financials
Companies11
- 7D-2.1%
- 3M-4.4%
- 1Y0.3%
- YTD8.1%
Over the last 7 days, the Telecom industry has dropped 2.1%, driven by a pullback from Telefónica of 5.6%. Over the last year, the industry has been flat overall. Looking forward, earnings are forecast to grow by 29% annually.
Sector Valuation and Performance
Has the Spanish Telecom Sector valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 28 Aug 2025 | €49.0b | €47.5b | -€475,506,852.00 | 29x | -103x | 1x |
| Sat, 26 Jul 2025 | €50.7b | €47.0b | -€475,959,852.00 | 25.8x | -106.6x | 1.1x |
| Mon, 23 Jun 2025 | €50.6b | €47.0b | -€470,735,852.00 | 23.4x | -107.5x | 1.1x |
| Wed, 21 May 2025 | €51.7b | €47.0b | -€475,600,918.00 | 45.8x | -108.6x | 1.1x |
| Fri, 18 Apr 2025 | €50.9b | €47.1b | -€315,204,239.00 | 24.6x | -161.6x | 1.1x |
| Sun, 16 Mar 2025 | €49.1b | €46.9b | -€223,379,204.00 | 31.8x | -219.7x | 1x |
| Tue, 11 Feb 2025 | €47.5b | €46.1b | -€1,482,701,204.00 | 10.4x | -32x | 1x |
| Thu, 09 Jan 2025 | €43.9b | €46.1b | -€1,482,701,204.00 | 10.1x | -29.6x | 1x |
| Sat, 07 Dec 2024 | €49.9b | €46.4b | -€1,480,921,364.00 | 10x | -33.7x | 1.1x |
| Mon, 04 Nov 2024 | €50.0b | €46.7b | -€1,249,552,883.00 | 11.6x | -40x | 1.1x |
| Wed, 02 Oct 2024 | €52.4b | €46.7b | -€1,252,048,684.00 | 14.5x | -41.9x | 1.1x |
| Fri, 30 Aug 2024 | €49.3b | €46.7b | -€1,252,048,684.00 | 14.9x | -39.3x | 1.1x |
| Sun, 28 Jul 2024 | €47.5b | €46.5b | -€969,261,684.00 | 14.7x | -49x | 1x |
| Tue, 25 Jun 2024 | €46.6b | €46.4b | -€972,881,831.00 | 14.4x | -47.9x | 1x |
| Thu, 23 May 2024 | €49.7b | €46.4b | -€971,406,347.00 | 15.3x | -51.2x | 1.1x |
| Sat, 20 Apr 2024 | €45.5b | €46.3b | -€1,247,792,214.00 | 14.1x | -36.4x | 1x |
| Mon, 18 Mar 2024 | €46.4b | €46.3b | -€1,246,855,629.00 | 16.7x | -37.2x | 1x |
| Wed, 14 Feb 2024 | €44.7b | €46.3b | €1.4b | 18.7x | 31.3x | 1x |
| Fri, 12 Jan 2024 | €48.4b | €47.1b | €1.6b | 13.3x | 30.3x | 1x |
| Sun, 10 Dec 2023 | €50.3b | €47.8b | €1.6b | 14x | 31.6x | 1.1x |
| Tue, 07 Nov 2023 | €44.4b | €47.7b | €1.5b | 13.8x | 29.5x | 0.9x |
| Thu, 05 Oct 2023 | €46.7b | €47.7b | €1.5b | 14.7x | 31.1x | 1x |
| Sat, 02 Sep 2023 | €49.2b | €47.7b | €1.5b | 15.5x | 32.7x | 1x |
| Mon, 31 Jul 2023 | €47.1b | €47.7b | €1.5b | 14.4x | 31.3x | 1x |
| Wed, 28 Jun 2023 | €48.3b | €47.4b | €1.4b | 17.6x | 35.1x | 1x |
| Fri, 26 May 2023 | €51.6b | €47.4b | €1.4b | 22.4x | 37.5x | 1.1x |
| Sun, 23 Apr 2023 | €52.3b | €46.6b | €1.8b | 20.3x | 29.1x | 1.1x |
| Tue, 21 Mar 2023 | €47.6b | €46.5b | €1.8b | 20x | 26.4x | 1x |
| Thu, 16 Feb 2023 | €50.4b | €46.0b | -€124,163,591.00 | 36.3x | -406.2x | 1.1x |
| Sat, 14 Jan 2023 | €45.7b | €46.0b | -€119,036,255.00 | 33.8x | -383.6x | 1x |
| Mon, 12 Dec 2022 | €45.3b | €46.0b | -€119,771,256.00 | 37.9x | -378x | 1x |
| Wed, 09 Nov 2022 | €44.6b | €45.7b | -€109,125,256.00 | 33.5x | -408.3x | 1x |
| Fri, 07 Oct 2022 | €42.3b | €44.5b | €136.4m | 26.6x | 310.4x | 1x |
| Sun, 04 Sep 2022 | €51.6b | €44.5b | €136.4m | 27.6x | 378.3x | 1.2x |
Price to Earnings Ratio
378.3x
Current Industry PE
- Investors are relatively neutral on the Spanish Communication Services industry at the moment, indicating that they anticipate long term growth rates to remain steady.
- The industry is trading close to its 3-year average PS ratio of 1.0x.
Past Earnings Growth
- Total earnings for the Communication Services industry have declined over the last three years, with the industry now making a loss overall.
- Meanwhile revenues have grown 2.2% per year.
- This means that although more sales are being generated, either the cost of doing business or the level of investment back into businesses has increased, which has decreased profits.
Industry Trends
Which industries have driven the changes within the Spanish Telecom sector?
| ES Market | -1.54% | |
| Telecom | -2.14% | |
| Entertainment | 13.08% | |
| Media | -0.16% | |
| Telecom Services and Carriers | -2.26% | |
Industry PE
- Investors are most optimistic about the Entertainment industry which is trading above its 3-year average PE ratio of 30.2x.
- Analysts are expecting annual earnings growth of 34.5%, which is higher than its past year's earnings decline of 72.0% per year.
Forecasted Growth
- Analysts are most optimistic on the Entertainment industry, expecting annual earnings growth of 34% over the next 5 years.
- This is better than its past earnings decline of 72% per year.
- In contrast, the Media industry is expected to see its earnings grow by 3.2% per year over the next few years.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| CLNX Cellnex Telecom | €30.91 | 2.2% +€456.6m | -12.8% | PE76.6x | |
| SQRL Squirrel Media | €2.12 | 13.7% +€23.1m | 32.1% | PE66.8x | |
| MIO Media Investment Optimization | €1.72 | 35.4% +€2.9m | -53.5% | PS0.2x | |
| LLN LleidaNetworks Serveis Telemàtics | €1.68 | 4.7% +€1.2m | 48.9% | PE29x | |
| VOC Vocento | €0.63 | 1.3% +€963.8k | -11.3% | PS0.2x |
