Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Data sourced from SEC EDGAR filings and third-party price providers. Scores, valuations, and metrics are algorithmic estimates. This is not investment advice. See our Terms and Methodology.
Infrastrutture Wireless Italiane S.p.A. is Italy's leading tower company and the largest wireless infrastructure operator, specializing in electronic communications infrastructure. The company builds and manages over 11,000 shared digital towers and sites that host radio transmission equipment for major mobile, fixed wireless access (FWA), IoT, and broadcasting operators, providing pylons, antennas, cabling, power systems, and air conditioning as a neutral host for nationwide coverage. It offers advanced services including indoor and outdoor coverage via distributed antenna systems (DAS) and micro-cells for high-density areas like stadiums, airports, hospitals, shopping centers, historic sites, and public venues, alongside backhauling, site development, permitting, and security management. Serving telecom operators, broadcasters, public entities, and institutions, Infrastrutture Wireless Italiane S.p.A. plays a pivotal role in Italy's digital connectivity, enabling 5G rollout, IoT expansion, and sustainable network infrastructure. Founded in 2015 through a spin-off from Telecom Italia and headquartered in Rome, it solidified its market leadership via the 2020 merger with Vodafone Towers Italia.
54.63% operating margin is above average. ROIC at 5.54%. Note that capital returns lag the margin, the business may be capital-intensive despite high margins.
Revenue grew 4.0%, steady but not accelerating.
Net debt of €5.11B represents 9.9x FCF, leverage limits flexibility.
Profitability & Returns
Revenue (TTM)
€1.08B
▲ +4.0% YoY
Net Income (TTM)
€351M
▲ +2.0% YoY
Op. Margin
54.26%
▲ +0.1pp YoY
ROIC
5.54%
▲ +0.1pp YoY
Cash Flow & Balance Sheet
FCF (TTM)
€544M
▲ +10.4% YoY
Op. Cash Flow (TTM)
€739M
▲ +4.8% YoY
Net Debt
€5.11B
Cash & Equiv.
€210M
3Y CAGR: +8.1%
3Y CAGR: +6.2%
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