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Vantage Towers Valuation Multiples
Discover revenue and EBITDA valuation multiples for Vantage Towers and similar public comparables like Lennar, Cellnex, Vonovia, SBA Communications and more.
Vantage Towers Overview
About Vantage Towers
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia’s towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.
Founded
2019
HQ

Employees
627
Website
Financials (FY)
EV
$27B
Vantage Towers Financials
Vantage Towers reported last fiscal year revenue of $1B and EBITDA of $1B.
In the same fiscal year, Vantage Towers generated $1B in gross profit, $1B in EBITDA, and $557M in net income.
Revenue (LTM)
Vantage Towers P&L
In the most recent fiscal year, Vantage Towers reported revenue of $1B and EBITDA of $1B.
Vantage Towers expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | — | XXX | $1B | XXX | XXX | XXX |
| Gross Profit | — | XXX | $1B | XXX | XXX | XXX |
| Gross Margin | — | XXX | 96% | XXX | XXX | XXX |
| EBITDA | — | XXX | $1B | XXX | XXX | XXX |
| EBITDA Margin | — | XXX | 87% | XXX | XXX | XXX |
| EBIT Margin | — | XXX | 44% | XXX | XXX | XXX |
| Net Profit | — | XXX | $557M | XXX | XXX | XXX |
| Net Margin | — | XXX | 43% | XXX | XXX | XXX |
| Net Debt | — | — | $2B | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
Vantage Towers Stock Performance
Vantage Towers has current market cap of $23B, and enterprise value of $27B.
Market Cap Evolution
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $27B | $23B | — | XXX | XXX | XXX | — |
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Start Free TrialVantage Towers Valuation Multiples
Vantage Towers trades at 21.2x EV/Revenue multiple, and 24.3x EV/EBITDA.
EV / Revenue (LTM)
Vantage Towers Financial Valuation Multiples
As of April 20, 2026, Vantage Towers has market cap of $23B and EV of $27B.
Equity research analysts estimate Vantage Towers' 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Vantage Towers has a P/E ratio of 40.6x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $23B | XXX | $23B | XXX | XXX | XXX |
| EV (current) | $27B | XXX | $27B | XXX | XXX | XXX |
| EV/Revenue | — | XXX | 21.2x | XXX | XXX | XXX |
| EV/EBITDA | — | XXX | 24.3x | XXX | XXX | XXX |
| EV/EBIT | — | XXX | 48.0x | XXX | XXX | XXX |
| EV/Gross Profit | — | XXX | 22.1x | XXX | XXX | XXX |
| P/E | — | XXX | 40.6x | XXX | XXX | XXX |
| EV/FCF | — | XXX | 64.1x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified Vantage Towers 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.


Vantage Towers Margins & Growth Rates
Vantage Towers' revenue in the last fiscal year grew by —.
Vantage Towers' revenue per employee in the last FY averaged $2.1M, while opex per employee averaged $1.1M for the same period.
Vantage Towers Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| EBITDA Margin | — | XXX | 87% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $2.1M | XXX | XXX | XXX |
| Opex per Employee | — | XXX | $1.1M | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 52% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Vantage Towers Public Comps
See public comps and valuation multiples for other Real Estate Development and Real Estate Services comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| Vantage Towers | XXX | XXX | XXX | XXX | XXX | XXX |
| Lennar | XXX | XXX | XXX | XXX | XXX | XXX |
| Cellnex | XXX | XXX | XXX | XXX | XXX | XXX |
| Vonovia | XXX | XXX | XXX | XXX | XXX | XXX |
| SBA Communications | XXX | XXX | XXX | XXX | XXX | XXX |
| CK Asset Holdings | 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.
Vantage Towers M&A Activity
Vantage Towers acquired XXX companies to date.
Last acquisition by Vantage Towers was on XXXXXXXX, XXXXX. Vantage Towers acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by Vantage Towers
| 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 TrialVantage Towers Investment Activity
Vantage Towers invested in XXX companies to date.
Vantage Towers made its latest investment on XXXXXXXX, XXXXX. Vantage Towers invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by Vantage Towers
| 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 Vantage Towers
| When was Vantage Towers founded? | Vantage Towers was founded in 2019. |
| Where is Vantage Towers headquartered? | Vantage Towers is headquartered in Germany. |
| How many employees does Vantage Towers have? | As of today, Vantage Towers has over 627 employees. |
| Is Vantage Towers publicly listed? | Yes, Vantage Towers is a public company listed on Hamburg Stock Exchange. |
| What is the stock symbol of Vantage Towers? | Vantage Towers trades under VTWR ticker. |
| When did Vantage Towers go public? | Vantage Towers went public in 2021. |
| Who are competitors of Vantage Towers? | Vantage Towers main competitors are Lennar, Cellnex, Vonovia, SBA Communications. |
| What is the current market cap of Vantage Towers? | Vantage Towers' current market cap is $23B. |
| What is the current revenue of Vantage Towers? | Vantage Towers' last fiscal year revenue is $1B. |
| What is the current EV/Revenue multiple of Vantage Towers? | Current revenue multiple of Vantage Towers is 21.2x. |
| Is Vantage Towers profitable? | No, Vantage Towers is not profitable. |
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