Cellnex Telecom (WBAG:CLNX) - Stock Price, News & Analysis

CLNX Stock Overview

CLNX fundamental analysis
Snowflake Score
Valuation	2/6
Future Growth	4/6
Past Performance	0/6
Financial Health	3/6
Dividends	0/6

Rewards

Trading at 49.5% below our estimate of its fair value

Earnings are forecast to grow 72.24% per year

Risk Analysis

Volatile share price over the past 3 months

Cellnex Telecom, S.A. Competitors

Telekom Austria

WBAG:TKA

€5.3b

EuroTeleSites

WBAG:ETS

€581.4m

TELUS

TSX:T

CA$32.5b

China Unicom (Hong Kong)

SEHK:762

HK$184.8b

Price History & Performance

Summary of all time highs, changes and price drops for Cellnex Telecom
Historical stock prices
Current Share Price	€31.23
52 Week High	€38.69
52 Week Low	€27.73
Beta	0.65
1 Month Change	-6.47%
3 Month Change	-10.28%
1 Year Change	-16.83%
3 Year Change	-33.34%
5 Year Change	18.43%
Change since IPO	66.29%

Recent updates

Shareholder Returns

	CLNX	AT Telecom	AT Market
7D	6.0%	2.6%	1.6%
1Y	-16.8%	-6.6%	3.7%

Return vs Industry: CLNX underperformed the Austrian Telecom industry which returned -6.6% over the past year.

Return vs Market: CLNX underperformed the Austrian Market which returned 3.7% over the past year.

Price Volatility

Is CLNX's price volatile compared to industry and market?
CLNX volatility
CLNX Average Weekly Movement	4.6%
Telecom Industry Average Movement	3.4%
Market Average Movement	3.3%
10% most volatile stocks in AT Market	5.2%
10% least volatile stocks in AT Market	1.6%

Stable Share Price: CLNX has not had significant price volatility in the past 3 months.

Volatility Over Time: CLNX's weekly volatility (5%) has been stable over the past year, but is still higher than 75% of Austrian stocks.

About the Company

Founded	Employees	CEO	Website
2008	2,839	Marco Emilio Patuano	www.cellnex.com

Cellnex Telecom, S.A. operates infrastructure for wireless telecommunication in Austria, Denmark, Spain, France, Ireland, Italy, the Netherlands, Poland, Portugal, the United Kingdom, Sweden, and Switzerland. It operates through three segments: Telecom Infrastructure Services, Broadcasting Infrastructure, and Other Network Services. The company offers co-location services in its infrastructure for mobile operators to install telecommunications and wireless broadcasting equipment; distributed antenna system and small cells, a network of spatially separated antenna nodes connected to a common source that provides wireless services; and connectivity for media content, OTT broadcasting services, and other related services.

Cellnex Telecom, S.A. Fundamentals Summary

How do Cellnex Telecom's earnings and revenue compare to its market cap?
CLNX fundamental statistics
Market cap	€21.98b
Earnings (TTM)	-€297.22m
Revenue (TTM)	€3.80b

5.8x

P/S Ratio

-74.0x

P/E Ratio

Is CLNX overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
CLNX income statement (TTM)
Revenue	€3.80b
Cost of Revenue	€407.96m
Gross Profit	€3.40b
Other Expenses	€3.69b
Earnings	-€297.22m

Last Reported Earnings

Dec 31, 2023

Next Earnings Date

Jul 31, 2024

Earnings per share (EPS)	-0.42
Gross Margin	89.28%
Net Profit Margin	-7.81%
Debt/Equity Ratio	123.7%

How did CLNX perform over the long term?

See historical performance and comparison

Dividends

0.2%

Current Dividend Yield

-11%

Payout Ratio

CLNX Stock Overview

Rewards

Risk Analysis

Cellnex Telecom, S.A. Competitors

WBAG:TKA

€5.3b

WBAG:ETS

€581.4m

TSX:T

CA$32.5b

SEHK:762

HK$184.8b

Price History & Performance

Recent News & Updates

Cellnex Telecom, S.A., Annual General Meeting, Apr 25, 2024

Full year 2023 earnings released

Boldyn Networks Communications Uk Limited completed the acquisition of Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).

Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish Unit

Cellnex Telecom, S.A. Names Daniel Pataki as New Director of Regulation and European Affairs

Cellnex Reportedly Considers Polish Unit Stake Sale, Taps Advisers

Recent updates

Cellnex Telecom, S.A., Annual General Meeting, Apr 25, 2024

Full year 2023 earnings released

Boldyn Networks Communications Uk Limited completed the acquisition of Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).

Asterion, SBA Communications and Phoenix Reportedly Circle Cellnex's Irish Unit

Cellnex Telecom, S.A. Names Daniel Pataki as New Director of Regulation and European Affairs

Cellnex Reportedly Considers Polish Unit Stake Sale, Taps Advisers

Stonepeak Partners LP completed the acquisition of 49% interest in Cellnex Sweden and Cellnex Denmark from Cellnex Telecom, S.A. (BME:CLNX).

Cellnex Reportedly Plans to Sell Assets in Austria, Ireland

Boldyn Networks Communications Uk Limited agreed to acquire Edzcom Oy from Cellnex Telecom, S.A. (BME:CLNX).

Third quarter 2023 earnings released

Cellnex Telecom, S.A. Announces CFO Changes

Cellnex Telecom, S.A. Announces CFO Changes

Cellnex Telecom, S.A. Announces Appointment of Luca Luciani as Managing Director

New minor risk - Share price stability

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.

New minor risk - Financial position

Cellnex Reportedly Explores Sale of a Slice in 1 Billion Euros Worth Sweden, Denmark Units

Upcoming dividend of €0.017 per share at 0.1% yield

Cellnex Telecom, S.A., Annual General Meeting, Jun 01, 2023

High number of new directors

First quarter 2023 earnings released

Full year 2022 earnings released

Now 20% undervalued

Upcoming dividend of €0.035 per share

Cellnex Telecom, S.A. announced that it has received €6.7 million in funding from CK Hutchison Holdings Limited

American Tower Reportedly Weighs Offer for Stake in Vodafone Towers Unit

Cellnex Telecom, S.A. to Report Q1, 2023 Results on Apr 26, 2023

Cellnex Telecom, S.A. (BME:CLNX), Digital Bridge Holdings, LLC and Brookfield Asset Management Inc. (TSX:BAM.A) agreed to acquire 51 percent stake in tower business of Deutsche Telekom AG from Deutsche Telekom AG (XTRA:DTE).

Second quarter 2022 earnings released

Deutsche Telekom Reportedly Nears Sale of Mobile Towers Unit

Cellnex Offers Stake to Deutsche Telekom as Part of Towers Bid

Brookfield, KKR Groups Reportedly Among Bidders for Deutsche Telekom Towers

Cellnex Telecom Announces Board Changes

Cellnex Says Analysing Process for Possible Acquisition of Stake in Co That Operates Deutsche Telekom's Telecommunications Infrastructure

First quarter 2022 earnings released

Cellnex Telecom, S.A. (BME:CLNX) acquired a Portfolio of up to 350 Towers and Rooftop Sites from NOS, S.G.P.S., S.A. (ENXTLS:NOS) for €155 million.

Forecast breakeven date pushed back to 2024

Cellnex Telecom, S.A. (BME:CLNX) agreed to acquire 10% stake in OnTower Poland from Iliad Purple S.A.S.

Full year 2021 earnings: Revenues and EPS in line with analyst expectations

Antin Reportedly Plans to Sell Spanish Telecom Lyntia

Third quarter 2021 earnings released: €0.12 loss per share

Forecast to breakeven in 2023

Second quarter 2021 earnings released

Forecast breakeven moved forward to 2022

Forecast breakeven pushed back to 2023

Forecast breakeven pushed back to 2023

Upcoming dividend of €0.017 per share

First quarter 2021 earnings released: €0.088 loss per share

New 90-day low: €41.75

Cellnex Telecom, S.A., Annual General Meeting, Mar 29, 2021

New 90-day low: €45.52

Cellnex Telecom Appoints Bertrand Kan as Non-Executive Chairman

Cellnex Telecom, S.A. (BME:CLNX) completed the acquisition of CK Hutchison Networks (Austria) GmbH from CK Hutchison Networks Europe Investments S.à r.l.

Cellnex Telecom, S.A. Announces Executive Changes

New 90-day low: €47.06

Cellnex Names Alexandra Reich as New Director

Cellnex Interested in Telefonica Towers

Upcoming Dividend of €0.036 Per Share

Cellnex Telecom, S.A. (BME:CLNX) agreed to acquire CK Hutchison Networks (Austria) GmbH from CK Hutchison Networks Europe Investments S.à r.l. for €1.1 billion.