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⚠️ Not investment advice. Past performance does not guarantee future results.
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Helios Towers HTWS.L

United KingdomCommunication Services · Telecom ServicesLondon Stock Exchange · GBP
5.0AI score
Rank 1,695 of 2,130
better than 19% of companies
2.19GBP
▲ 48.0% in one year
HTWS.L MSCI World +22.1%
Average analyst target
2.91 GBP (+32.6%)
7 analysts
52-wk low 0.00High 2.48
📈 Chart on TradingView ↗(affiliate link)Analysis of 08/10/2026

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 news
Bottom line

Business 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.

⚠ Main risk

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 date
Pricier than its sector

On P/E and EV / EBITDA, it trades 273% above the Communication Services median on average.

MultipleCompanySectorDifference
P/E109.717.1+540%
EV / EBITDA10.29.6+6%
Price / book72.82.3+3,041%
Price / sales3.31.9+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).

Indicative fair value · GBP
Graham0.57▼ −74% vs price
Cash flow (DCF)3.12▲ +42% vs price
Dividends0.35▼ −84% vs price
Price2.19at the analysis date

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.

🛒 Where to buy HTWS.LCheapest · UK (LSE) · sample 200.00 € orderCheapest · UK (LSE) · sample 200.00 € orderAvailable in your country · UK (LSE) · sample 200.00 € order
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Score by category

0 to 10 · hover overtap each one to see what it measures
Financial healthiFair5.6Communication Services median: 6.6
Quality / MoatiGood7.0Communication Services median: 6.1
ValuationiWeak3.8Communication Services median: 6.3
GrowthiWeak4.4Communication Services median: 5.4
DividendiPoor1.9Communication Services median: 4.7
MomentumiGood8.3Communication Services median: 5.3
Risk & ContextiFair5.7Communication Services median: 6.5
Communication Services median7 or more 5 to 7 under 5

Key metrics

at the analysis date · compared with the Communication Services median
P/Ei
109.7
Communication Services: 17.1above
EV / EBITDAi
10.2
Communication Services: 9.6above
ROEi
32.9%
Communication Services: 14.2%above
Operating margini
36.0%
Communication Services: 16.5%above
Net debt / EBITDAi
3.91
Communication Services: 2.19above
Revenue growthi
+11.5%
Communication Services: +5.5%above

Valuation

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

Compare it with its sector

All 102 in Communication Services →
See the full ranking with filters →

Keep browsing the ranking

sorted by score, highest first

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.