Cellnex stock: fundamental analysis

Stocks · CLNX · Real Estate

Cellnex Telecom, S.A. engages in the management of terrestrial telecommunications infrastructures in France, Italy, the United Kingdom, Spain, Poland, the Netherlands, Portugal, Switzerland, Denmark, Sweden, Ireland, and Austria. Below are its fundamentals, explained in the order worth reading them: business quality, debt, growth and, last, whether the price is reasonable.

Data as of September 18, 2026 · Yahoo Finance

Quick read

Business quality

Negative ROE (-2.5%): it lost money over the last 12 months. It loses 8.2 for every 100 in sales.

Financial health

Net debt/EBITDA of 7.8x: high leverage; keep an eye on maturities and the cost of debt.

Growth

Revenue is growing 15.5% year on year: a solid pace.

Valuation

It has no P/E: it had no earnings over the last 12 months (or the figure is unavailable). In these cases, look at sales, cash flow or expected earnings.

Dividend

Dividend yield of 3.0% (0.75 EUR per share per year) with a payout ratio of 16.5%.

Tools

All metrics

CellnexSector median
Business quality
ROE-2.5%5.4%
ROA1.0%1.8%
Gross margin90.9%96.3%
Operating margin12.1%58.4%
Net margin-8.2%74.6%
Financial health
Net debt/EBITDA7.8x8.1x
Debt/equity1.7x0.7x
Current ratio0.6x1.1x
Growth
Revenue growth15.5%12.1%
Earnings growth
Valuation
P/E ratio9.6x
Forward P/E1,057.1x29.1x
EV/EBITDA14.6x21.1x
Price/book1.4x1.1x
FCF yield8.8%3.9%
Dividend
Dividend yield3.0%4.3%
Payout ratio16.5%16.5%
Beta (volatility)1.3x1.1x

Frequently asked questions

What is Cellnex's P/E ratio?

It has no P/E: it had no earnings over the last 12 months (or the figure is unavailable). In these cases, look at sales, cash flow or expected earnings.

What dividend does Cellnex pay?

Dividend yield of 3.0% (0.75 EUR per share per year) with a payout ratio of 16.5%.

Is Cellnex stock expensive?

It has no P/E: it had no earnings over the last 12 months (or the figure is unavailable). In these cases, look at sales, cash flow or expected earnings. This is an educational reading based on ratios, not a buy or sell recommendation.

Does Cellnex have a lot of debt?

Net debt/EBITDA of 7.8x: high leverage; keep an eye on maturities and the cost of debt.

What is Cellnex's market cap?

Cellnex has a market cap of 16.5B EUR and its shares trade at 25.00 EUR, with a 52-week range of 23.92 EUR to 32.71 EUR (data as of September 18, 2026).

Other companies in the sector

Trailing 12-month metrics. Educational content, not investment advice.