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China Tower Valuation Multiples
Discover revenue and EBITDA valuation multiples for China Tower and similar public comparables like Cellnex, MasTec, Bouygues, Yangtze Optical Fibre and more.
China Tower Overview
About China Tower
China Tower Corp Ltd is a telecommunications tower infrastructure service provider. The Company is principally engaged in the construction, maintenance, and operation of base station ancillary facilities such as telecommunications towers, public network coverage in high-speed railways and subways, and large-scale indoor Distributed Antenna Systems (DAS). The business of the company includes Tower business; DAS business; Smart Tower business and Energy business. The Groupβs revenue is generated from the Three TSPs.
Founded
2014
HQ

Employees
24.1K
Website
Financials (LTM)
EV
$37B
China Tower Financials
China Tower reported last 12-month revenue of $15B and EBITDA of $9B.
In the same LTM period, China Tower generated $9B in EBITDA and $2B in net income.
Revenue (LTM)
China Tower P&L
In the most recent fiscal year, China Tower reported revenue of $14B and EBITDA of $10B.
China Tower expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $15B | XXX | $14B | XXX | XXX | XXX |
| Gross Profit | β | XXX | $13B | XXX | XXX | XXX |
| Gross Margin | β | XXX | 94% | XXX | XXX | XXX |
| EBITDA | $9B | XXX | $10B | XXX | XXX | XXX |
| EBITDA Margin | 63% | XXX | 69% | XXX | XXX | XXX |
| EBIT Margin | 18% | XXX | 16% | XXX | XXX | XXX |
| Net Profit | $2B | XXX | $2B | XXX | XXX | XXX |
| Net Margin | 13% | XXX | 11% | XXX | XXX | XXX |
| Net Debt | β | β | $10B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
China Tower Stock Performance
China Tower has current market cap of $25B, and enterprise value of $37B.
Market Cap Evolution
China Tower's stock price is $1.43.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $37B | $25B | 0.1% | XXX | XXX | XXX | $0.09 |
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Start Free TrialChina Tower Valuation Multiples
China Tower trades at 2.5x EV/Revenue multiple, and 4.0x EV/EBITDA.
EV / Revenue (LTM)
China Tower Financial Valuation Multiples
As of March 26, 2026, China Tower has market cap of $25B and EV of $37B.
Equity research analysts estimate China Tower's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
China Tower has a P/E ratio of 13.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $25B | XXX | $25B | XXX | XXX | XXX |
| EV (current) | $37B | XXX | $37B | XXX | XXX | XXX |
| EV/Revenue | 2.5x | XXX | 2.6x | XXX | XXX | XXX |
| EV/EBITDA | 4.0x | XXX | 3.8x | XXX | XXX | XXX |
| EV/EBIT | 13.8x | XXX | 16.0x | XXX | XXX | XXX |
| EV/Gross Profit | β | XXX | 2.8x | XXX | XXX | XXX |
| P/E | 13.6x | XXX | 16.0x | XXX | XXX | XXX |
| EV/FCF | β | XXX | 13.0x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified China Tower Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


China Tower Margins & Growth Rates
China Tower's revenue in the last 12 month grew by 3%.
China Tower's revenue per employee in the last FY averaged $0.6M.
China Tower's rule of 40 is 66% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
China Tower's rule of X is 70% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
China Tower Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 3% | XXX | 3% | XXX | XXX | XXX |
| EBITDA Margin | 63% | XXX | 69% | XXX | XXX | XXX |
| EBITDA Growth | (0%) | XXX | (5%) | XXX | XXX | XXX |
| Rule of 40 | β | XXX | 66% | XXX | XXX | XXX |
| Bessemer Rule of X | β | XXX | 70% | XXX | XXX | XXX |
| Revenue per Employee | β | XXX | $0.6M | XXX | XXX | XXX |
| S&M Expenses to Revenue | β | XXX | 1% | XXX | XXX | XXX |
| G&A Expenses to Revenue | β | XXX | 0% | XXX | XXX | XXX |
| Opex to Revenue | β | XXX | 78% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
China Tower Public Comps
See public comps and valuation multiples for other Construction & Engineering and Telecom Infrastructure comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Cellnex | XXX | XXX | XXX | XXX | XXX | XXX |
| MasTec | XXX | XXX | XXX | XXX | XXX | XXX |
| Bouygues | XXX | XXX | XXX | XXX | XXX | XXX |
| Yangtze Optical Fibre | XXX | XXX | XXX | XXX | XXX | XXX |
| WSP Global | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
China Tower M&A Activity
China Tower acquired XXX companies to date.
Last acquisition by China Tower was on XXXXXXXX, XXXXX. China Tower acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by China Tower
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialChina Tower Investment Activity
China Tower invested in XXX companies to date.
China Tower made its latest investment on XXXXXXXX, XXXXX. China Tower invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by China Tower
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout China Tower
| When was China Tower founded? | China Tower was founded in 2014. |
| Where is China Tower headquartered? | China Tower is headquartered in China. |
| How many employees does China Tower have? | As of today, China Tower has over 24K employees. |
| Is China Tower publicly listed? | Yes, China Tower is a public company listed on HKEX. |
| What is the stock symbol of China Tower? | China Tower trades under 00788 ticker. |
| When did China Tower go public? | China Tower went public in 2018. |
| Who are competitors of China Tower? | China Tower main competitors are Cellnex, MasTec, Bouygues, Yangtze Optical Fibre. |
| What is the current market cap of China Tower? | China Tower's current market cap is $25B. |
| What is the current revenue of China Tower? | China Tower's last 12 months revenue is $15B. |
| What is the current revenue growth of China Tower? | China Tower revenue growth (NTM/LTM) is 3%. |
| What is the current EV/Revenue multiple of China Tower? | Current revenue multiple of China Tower is 2.5x. |
| Is China Tower profitable? | Yes, China Tower is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of China Tower? | China Tower's last 12 months EBITDA is $9B. |
| What is China Tower's EBITDA margin? | China Tower's last 12 months EBITDA margin is 63%. |
| What is the current EV/EBITDA multiple of China Tower? | Current EBITDA multiple of China Tower is 4.0x. |
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