Cellnex Telecom vs Plaza S.A: Fair Value & Quality
Both stocks run through our valuation models. Here is how Cellnex Telecom (CLNX) and Plaza S.A (MALLPLAZA) compare, as of Aug 14, 2026.
As of Aug 14, 2026, Fair Value Calculator sees Plaza S.A as the more attractively valued of the two: Cellnex Telecom trades at €27.64 versus a fair value of €21.64 (-22%), while Plaza S.A trades at CLP 3,928 versus CLP 4,571 (+16%).
Cellnex Telecom
CLNX.MC · EUR · Communication Services
-22%
upside to fair value
overvalued
Price€27.64
Fair Value€21.64
Quality34/100
Plaza S.A
MALLPLAZA.SN · CLP · Real Estate
+16%
upside to fair value
undervalued
PriceCLP 3,928
Fair ValueCLP 4,571
Quality65/100
Head-to-head numbers
Green value = the better side for that row (for valuation multiples: lower = cheaper).
Cellnex TelecomPlaza S.A
Valuation
—P/E (TTM)5.9×
4.62×P/S (TTM)0.01×
1.58×P/B—
13.5×EV/EBITDA2.3×
—Dividend yield1.8%
—Dividend per shareCLP 68
Profitability
-8%Net margin—
16%Operating margin78%
-2%Return on equity37%
1%Return on assets5%
Growth
-8%Revenue growth (YoY)6%
10.8%Avg. growth/yr (3Y)19.4%
23.1%Avg. growth/yr (5Y)28.4%
Balance & size
1.40×Debt / equity0.32×
$19BMarket cap$9B
expensiveGrowth qualitymixed
Plaza S.A leads: 0 to 9 metric wins.
Dash = not meaningfully computable, for example with negative equity.
Quality in detail
The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.
Cellnex Telecomof which business quality 35 · market factors 39Plaza S.Aof which business quality 64 · market factors 72
ProfitabilityMargins and returns on capital today
5
63
Quality GrowthAre margins and returns improving?
49
77
CashflowEarnings quality: real cash, not paper profit
InvestmentDisciplined investing over empire-building
67
33
Low VolatilityCalm price path (market factor)
56
68
MomentumPrice trend over the last 3–12 months (market factor)
30
67
52W MomentumDistance to the 52-week high (market factor)
34
86
Net IssuanceBuybacks instead of dilution
41
62
What the models say
The median fair value (base case) per model family, each in the currency of its trading venue. Green = above the current price, red = below.
Cellnex Telecom
DCF Models€44.55
Dividend Discount€0.32
Multiples€36.40
Asset-Based€12.24
Growth DCF€0.11
5 of 8 models see the stock below the current price.
Plaza S.A
DCF ModelsCLP 5,184
Dividend DiscountCLP 946
MultiplesCLP 3,939
Asset-BasedCLP 1,371
Growth DCFCLP 5,933
Economic ProfitCLP 8,618
7 of 15 models see the stock below the current price.
Scenario ranges
From our cautious bear case to the optimistic bull case. The white tick is the current price: left of fair value means room to run.
Cellnex Telecom
Bear €8.97Fair Value €21.64Bull €34.31
€27.64 = current price (white tick)
Plaza S.A
Bear CLP 2,761Fair Value CLP 4,571Bull CLP 10,216
CLP 3,928 = current price (white tick)
Compare two other stocks
Tap a field and type again, ticker or company name.
Free, no sign-up
Ranked within their sector
Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.
Cellnex Telecom · Communication Services
Quality score34 · bottom 25%
Fair value upside-22% · below median
Plaza S.A · Real Estate
Quality score65 · Top 25%
Fair value upside+16% · above median
Bottom line
As of Aug 14, 2026, Fair Value Calculator sees Plaza S.A as the more attractively valued of the two: Cellnex Telecom trades at €27.64 versus a fair value of €21.64 (-22%), while Plaza S.A trades at CLP 3,928 versus CLP 4,571 (+16%).
Just your email for the monthly Top-25 report of the most undervalued quality stocks, with fair value, quality and price target. Plus 14 days of Pro to try, no card.
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click. Not financial advice.
A model-based valuation snapshot from 21 models. Values change with price and fundamentals; the date shown above applies.
