Telecom Argentina (BUE:TECO2) Cyclically Adjusted Revenue per Share: ARS1,542.60 (As of Mar. 2026)

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BUE:TECO2 Telecom Argentina SA BUE:TECO2
83 GF Score
Price ARS4,250.00
GF Value ARS3,297.25
Valuation Modestly Overvalued
! 10 Warning Signs
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What is Telecom Argentina Cyclically Adjusted Revenue per Share?

Telecom Argentina BUE:TECO2 +0.12% 83 Cyclically Adjusted Revenue per Share is ARS1,542.60 as of Mar. 2026. GuruFocus rates BUE:TECO2 with a GF Score™ of 83/100 and a GF Value™ of ARS3,297.25 (Modestly Overvalued). The stock has 10 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

Telecom Argentina's adjusted revenue per share for the three months ended in Mar. 2026 was ARS1,094.705. Add all the adjusted revenue per share for the past 10 years together and divide the count will get our Cyclically Adjusted Revenue per Share, which is ARS1,542.60 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Telecom Argentina's average Cyclically Adjusted Revenue Growth Rate was 41.80% per year. During the past 3 years, the average Cyclically Adjusted Revenue Growth Rate was 44.90% per year. During the past 5 years, the average Cyclically Adjusted Revenue Growth Rate was 65.00% per year. During the past 10 years, the average Cyclically Adjusted Revenue Growth Rate was 58.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Revenue Growth Rate using Cyclically Adjusted Revenue per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Revenue Growth Rate of Telecom Argentina was 87.70% per year. The lowest was 15.50% per year. And the median was 33.80% per year.

As of today (2026-07-14), Telecom Argentina's current stock price is ARS4250.00. Telecom Argentina's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2026 was ARS1,542.60. Telecom Argentina's Cyclically Adjusted PS Ratio of today is 2.76.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telecom Argentina was 4.81. The lowest was 0.72. And the median was 2.35.


Telecom Argentina  (BUE:TECO2) Cyclically Adjusted Revenue per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Revenue per Share may underestimate the company's revenue. Cyclically Adjusted PS Ratio can seem to be too high even the actual PS Ratio is low.

For the Cyclically Adjusted PS Ratio, the revenue per share of the past 10 years are inflation-adjusted and averaged. The result is used for P/S calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PS Ratio is also called CAPS Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Telecom Argentina's Cyclically Adjusted PS Ratio of today is calculated as

Cyclically Adjusted PS Ratio=Share Price/Cyclically Adjusted Revenue per Share
=4250.00/1542.60
=2.76

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PS Ratio of Telecom Argentina was 4.81. The lowest was 0.72. And the median was 2.35.


Be Aware

Cyclically Adjusted PS Ratio works better for cyclical companies. It gives you a better idea on the company's real revenue value.


Telecom Argentina Cyclically Adjusted Revenue per Share Related Terms


Telecom Argentina Cyclically Adjusted Revenue per Share Historical Data

* Premium members only.

The historical data trend for Telecom Argentina's Cyclically Adjusted Revenue per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Telecom Argentina Cyclically Adjusted Revenue per Share Chart

Telecom Argentina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Revenue per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 232.51 462.73 731.16 991.83 1,408.15

Telecom Argentina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Cyclically Adjusted Revenue per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,087.63 1,184.45 1,287.13 1,408.15 1,542.60

BUE:TECO2 vs TMUS, VZ, T: Cyclically Adjusted Revenue per Share Comparison

For the Telecom Services subindustry, Telecom Argentina's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Telecom Argentina Cyclically Adjusted PS Ratio vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Argentina's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where Telecom Argentina's Cyclically Adjusted PS Ratio falls into.


BUE:TECO2
83GF Score
Telecom Argentina SA BUE:TECO2
Cyclically Adjusted Revenue per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom Argentina Cyclically Adjusted Revenue per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Revenue per Share and the Cyclically Adjusted PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years.

What is Cyclically Adjusted Revenue per Share? How do we calculate Cyclically Adjusted Revenue per Share?

Cyclically Adjusted Revenue per Share is the average of the inflation adjusted Revenue per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Revenue per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the revenue per share from 2001 through 2010.

We adjusted the 2001 revenue per share data with the total inflation from 2001 through 2010 to the equivalent revenue in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's revenue is $1 a share in 2001, then the 2001's equivalent revenue in 2010 is $1.4 a share. If Wal-Mart's revenue is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 revenue in 2010 is $1.35. So on and so forth, you get the equivalent revenue per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Revenue per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Telecom Argentina's adjusted Revenue per Share data for the three months ended in Mar. 2026 was:

Adj_RevenuePerShare= Revenue per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=1094.705/330.2130*330.2130
=1,094.705

Current CPI (Mar. 2026) = 330.2130.

Telecom Argentina Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201606 13.437 241.018 18.410
201609 13.839 241.428 18.928
201612 22.274 241.432 30.465
201703 9.733 243.801 13.183
201706 8.273 244.955 11.152
201709 8.902 246.819 11.910
201712 61.419 246.524 82.269
201803 22.624 249.554 29.936
201806 24.954 251.989 32.700
201809 26.672 252.439 34.889
201812 80.888 251.233 106.317
201903 30.522 254.202 39.649
201906 30.638 256.143 39.498
201909 33.692 256.759 43.331
201912 124.295 256.974 159.720
202003 41.570 258.115 53.182
202006 45.554 257.797 58.350
202009 47.384 260.280 60.115
202012 264.332 260.474 335.104
202103 59.450 264.877 74.114
202106 67.331 271.696 81.833
202109 81.802 274.310 98.473
202112 949.439 278.802 1,124.515
202203 111.338 287.504 127.877
202206 127.022 296.311 141.555
202209 164.010 296.808 182.469
202212 1,775.029 296.797 1,974.877
202303 386.877 301.836 423.249
202306 433.599 305.109 469.275
202309 478.365 307.789 513.216
202312 1,259.940 306.746 1,356.329
202403 495.165 312.332 523.513
202406 554.191 314.175 582.481
202409 601.460 315.301 629.906
202412 782.283 315.605 818.492
202503 838.668 319.799 865.979
202506 887.630 322.561 908.687
202509 958.918 324.800 974.899
202512 1,256.567 324.054 1,280.449
202603 1,094.705 330.213 1,094.705

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue per Share.

What does a Cyclically Adjusted Revenue per Share of ARS1,542.60 mean?
Telecom Argentina (BUE:TECO2) has a Cyclically Adjusted Revenue per Share of ARS1,542.60 as of Mar. 2026. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telecom Argentina and its competitors.
Is Telecom Argentina's Cyclically Adjusted Revenue per Share too high?
Telecom Argentina's current Cyclically Adjusted Revenue per Share is ARS1,542.60. Overall, Telecom Argentina has a GF Score™ of 83/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's Cyclically Adjusted Revenue per Share compare to TMUS and VZ?
Telecom Argentina's Cyclically Adjusted Revenue per Share of ARS1,542.60 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Revenue per Share for a Telecommunication Services company?
A good Cyclically Adjusted Revenue per Share depends on the Telecommunication Services industry context. However, Cyclically Adjusted Revenue per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Revenue per Share mean?
A high Cyclically Adjusted Revenue per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted revenue per share represents the company's inflation-adjusted revenue per share over a 10-year period. View historical data on Telecom Argentina and its competitors. Telecom Argentina's current Cyclically Adjusted Revenue per Share is ARS1,542.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telecom Argentina stock overvalued right now?
Based on GuruFocus' analysis, Telecom Argentina (BUE:TECO2) is currently considered Modestly Overvalued. The stock's GF Value™ is ARS3,297.25, compared to a current price of ARS4,250.00 — trading 28.9% above its estimated fair value. The current Cyclically Adjusted Revenue per Share is ARS1,542.60. Telecom Argentina's overall GF Score™ is 83/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Revenue per Share calculated?
Cyclically Adjusted Revenue per Share is calculated from a company's financial statements. For Telecom Argentina (BUE:TECO2), the current Cyclically Adjusted Revenue per Share is ARS1,542.60 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Telecom Argentina (BUE:TECO2) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Argentina stock appears to be overvalued. The current stock price of ARS4,250.00 is trading 28.9% above its estimated GF Value™ of ARS3,297.25. GuruFocus considers Telecom Argentina to be Modestly Overvalued.

Key valuation signals for BUE:TECO2:

  • Cyclically Adjusted Revenue per Share: ARS1,542.60
  • GF Value™: ARS3,297.25 vs. price of ARS4,250.00 (28.9% above fair value)
  • GF Score™: 83/100 with 10 warning signs

No single metric tells the full story. See the BUE:TECO2 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Telecom Argentina Business Description

Other Exchanges TCMFF:USATEO:USATEO:Germany
Address General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company operates in segments: ICT Services provided in Argentina: Personal Network; ICT Services provided in Argentina - TMA Network; and Other segments..
83GF Score

Get the complete analysis for BUE:TECO2

Cyclically Adjusted Revenue per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

ARS4,250.00
Price
ARS3,297.25
GF Value