
2.91 GBP (+32.6%)
7 analysts
What does it do?
Helios Towers is an independent telecommunications infrastructure company that owns and operates mobile phone towers, primarily in high-growth African markets, and leases them to network operators.
Listed on London Stock Exchange · Symbol HTWS.L · LON: HTWS · Currency GBP
Key points
from its scores- ✓Good share-price trend8.3
- ✓High-quality business7.0
- ✕Little or no dividend1.9
- ✕Demanding valuation3.8
- ✕Weak growth4.4
AI analysis
bottom line, main risk, context and newsBusiness quality is high, but leverage and a demanding valuation limit upside potential in the current rate environment.
Helios Towers presents a high-quality business with an ROE of 32.90% and an operating margin of 36.05%, but its high leverage (Net Debt/EBITDA of 3.91) and demanding valuation (P/E of 109.70) make it vulnerable to the current rising interest rate environment.
The main risk is its high leverage (Net Debt/EBITDA of 3.91) in a rising interest rate environment, which could pressure its cash flow and its ability to finance its growth.
Context and risks
Helios Towers is a telecom tower company with a Net Debt/EBITDA of 3.91 and an extreme Debt/Equity ratio of 2718.16, exposing it to rising interest rates. Its business in high-growth African markets carries regulatory and governance risk, reflected in the country's risk profile.
Is Helios Towers stock cheap or expensive?
at the analysis dateOn P/E and EV / EBITDA, it trades 273% above the Communication Services median on average.
| Multiple | Company | Sector | Difference |
|---|---|---|---|
| P/E | 109.7 | 17.1 | +540% |
| EV / EBITDA | 10.2 | 9.6 | +6% |
| Price / book | 72.8 | 2.3 | +3,041% |
| Price / sales | 3.3 | 1.9 | +68% |
Sector: median of the 102 Communication Services companies analysed. In bold, the multiples used for the comparison.
Valuation score: 3.8 out of 10 (median for Communication Services: 6.3).
Average analyst target: 2.91 GBP, +32.6% versus the price.
A premium can be justified if the company is of higher quality or grows faster than its sector: Quality / Moat 7.0 (sector 6.1), Growth 4.4 (sector 5.4).
Classic formulas with standard assumptions (10.0% growth, 8-9% discount rate). Indicative only: they change a lot with the assumptions and are not a recommendation.
Work out its fair value yourself →How much would you have made investing every month? →
Comparing it with its sector does not say whether it is a good buy: this is not investment advice.
Score by category
0 to 10 · hover overtap each one to see what it measuresKey metrics
at the analysis date · compared with the Communication Services medianValuation
- P/E
- 109.7
- Forward P/E
- 19.1
- EV / EBITDA
- 10.2
- Price / book
- 72.8
- Price / sales
- 3.3
- Market cap
- 2.2B GBP
- Enterprise value
- 4.8B USD
Profitability
- ROE
- 32.9%
- ROA
- 8.3%
- ROIC (approx.)
- 15.7%
- Gross margin
- 53.9%
- Operating margin
- 36.0%
- Net margin
- 3.1%
- Free cash flow
- 177.2M USD
- FCF yield
- 6.0%
- Cash conversion
- 38%
Solvency
- Total debt
- 2.0B USD
- Net debt
- 1.8B USD
- Cash
- 206.6M USD
- EBITDA
- 468.2M USD
- Net debt / EBITDA
- 3.91
- Debt / equity
- 2,718.16
- Current ratio
- 1.22
- Quick ratio
- 1.09
Growth
- Revenue growth
- +11.5%
- Earnings growth
- −34.6%
- EPS (TTM)
- 0.02 GBP
- EPS (forward)
- 0.11 GBP
Dividend
- Dividend yield
- 0.5%
- Payout
- 0.0%
Risk and market
- Beta
- 1.10
- Analyst consensus
- Strong buy (7)
- Target price
- 2.91 GBP
Recent news
All HTWS.L news →Compare it with its sector
All 102 in Communication Services →Frequently asked questions about Helios Towers
Is Helios Towers stock cheap or expensive?
On P/E and EV / EBITDA, it trades 273% above the Communication Services median on average. Valuation score: 3.8 out of 10 (median for Communication Services: 6.3). Average analyst target: 2.91 GBP, +32.6% versus the price. This is not investment advice.
What score does Helios Towers get on MeridIAn Screener?
It scores 5.0 out of 10, rank 1,695 of 2,130 (better than 19% of the companies analysed). Its strongest category is Momentum (8.3) and its weakest, Dividend (1.9). Analysis of 08/10/2026.
What is Helios Towers's P/E ratio?
Its P/E is 109.7: the share price equals 109.7 times earnings per share over the last 12 months. The Communication Services median is 17.1. Based on the earnings analysts expect, the forward P/E is 19.1.
How much is Helios Towers worth on the stock market?
Its market capitalisation is 2.2B GBP and its enterprise value, debt included, is 4.8B GBP.
How much debt does Helios Towers have?
Its net debt (debt minus cash) is 1.8B USD. That is 3.91 times its EBITDA; the Communication Services median is 2.19.
Does Helios Towers pay a dividend?
Yes: its dividend yield is 0.46%.
How has Helios Towers stock performed over the last year?
It has risen 48.0% over the last year, excluding dividends. Over the last 52 weeks it has traded between 0.00 and 2.48 GBP. Past performance does not guarantee future results.
What do analysts think of Helios Towers?
7 analysts cover it; their average recommendation is “Strong buy” and their average target is 2.91 GBP (+32.6% versus the price). It is an estimate, not market data.
