Cellnex Telecom, S.A. - Unsponsored ADR (CLLNY)
Cellnex Telecom: European Cell Phone Towers At Discount Valuation Versus U.S. Peers
Cellnex Telecom remains a "Strong Buy" despite market concerns over rising interest rates and refinancing risks. CLNXF trades at just 9x anticipated 2027 recurring free cash flow, less than half the multiples of US peers, reflecting market overreaction. Even with a 300 bps rise in refinancing costs, recurring FCF per share is projected at €2.65–2.8 in 2027, supporting dividends and modest buybacks.
Cellnex Telecom, S.A. (CLLNY) Q2 2026 Earnings Call Transcript
Cellnex Telecom, S.A. (CLLNY) Q2 2026 Earnings Call Transcript
Cellnex Telecom, S.A. (CLLNY) Shareholder/Analyst Call Prepared Remarks Transcript
Cellnex Telecom, S.A. (CLLNY) Shareholder/Analyst Call Prepared Remarks Transcript
Cellnex Telecom, S.A. (CLLNY) Q1 2026 Earnings Call Transcript
Cellnex Telecom, S.A. (CLLNY) Q1 2026 Earnings Call Transcript
Cellnex Telecom, S.A. (CLLNY) Q4 2025 Earnings Call Transcript
Cellnex Telecom, S.A. (CLLNY) Q4 2025 Earnings Call Transcript
Cellnex Telecom Is Now A 'Strong Buy'
Cellnex Telecom is upgraded to "Strong Buy" as shares trade at compelling valuations despite sector pressure. CLNXF reconfirms 2025 and 2027 guidance, targeting recurring free cash flow of €2.75/share in 2025 and €3/share in 2027. Expansion capex will decline, boosting reported free cash flow and enabling significant shareholder returns via buybacks and cash distributions.
Cellnex Telecom, S.A. (CLLNY) Q3 2025 Earnings Call Transcript
Cellnex Telecom, S.A. (OTCPK:CLLNY) Q3 2025 Earnings Call November 7, 2025 6:00 AM EST Company Participants Maria Carrapato - investor relations director Marco Emilio Patuano - CEO & Executive Director Raimon Trias - Group Chief Financial Officer Conference Call Participants Roshan Ranjit - Deutsche Bank AG, Research Division Rohit Modi - Citigroup Inc., Research Division Ottavio Adorisio - Sanford C.
Cellnex Telecom: Upside Potential As Interest Rates Decrease
I'm bullish on Cellnex Telecom due to peaking interest rates and its new shareholder-friendly approach, including potential dividends. Cellnex reported a 6% revenue increase in H1 2024, and despite reporting a net loss, the free cash flow remained strong. The company aims for €3.2B adjusted EBITDA and €1.7B recurring leveraged free cash flow in 2024, with significant growth expected by 2027.
Cellnex Telecom: Trading At An Underlying 9% Free Cash Flow Yield
Cellnex Telecom plans to focus on debt reduction and paying dividends, shifting its strategy from building additional towers. The company reported a net loss of €316 million, but its underlying sustaining free cash flow was approximately €1.26 billion. Cellnex aims to reduce its debt ratio to 5-6 times EBITDA within the next three years and plans to spend €3 billion on dividends and €7 billion on buybacks and potential M&A opportunities.
