TCMFF (Telecom Argentina) E10: $0.02 (As of Mar. 2026)


TCMFF Telecom Argentina SA TCMFF
87 GF Score
Price $2.40
GF Value $1.42
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Telecom Argentina E10?

Telecom Argentina TCMFF +37.14% 87 E10 is $0.02 as of Mar. 2026. GuruFocus rates TCMFF with a GF Score™ of 87/100 and a GF Value™ of $1.42 (Significantly Overvalued). The stock has 6 warning signs investors should review.

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years.

Telecom Argentina's adjusted earnings per share data for the three months ended in Mar. 2026 was $0.211. Add all the adjusted EPS for the past 10 years together and divide 10 will get our e10, which is $0.02 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Telecom Argentina's average E10 Growth Rate was 64.10% 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 E10 growth rate using E10 data.

During the past 13 years, the highest 3-Year average E10 Growth Rate of Telecom Argentina was 192.40% per year. The lowest was -8.00% per year. And the median was 19.60% per year.

As of today (2026-06-24), Telecom Argentina's current stock price is $2.40. Telecom Argentina's E10 for the quarter that ended in Mar. 2026 was $0.02. Telecom Argentina's Shiller PE Ratio of today is 120.00.

During the past 13 years, the highest Shiller PE Ratio of Telecom Argentina was 319.19. The lowest was 21.72. And the median was 57.52.


Telecom Argentina  (OTCPK:TCMFF) E10 Explanation

If a company grows much fast than inflation, E10 may underestimate the company's earnings power. Shiller PE Ratio can seem to be too high even the actual P/E is low.

For the Shiller P/E, the earnings of the past 10 years are inflation-adjusted and averaged. The result is used for P/E calculation. Since it looks at the average over the last 10 years, the Shiller P/E is also called PE10.

The Shiller P/E was first used by professor Robert Shiller to measure the valuation of the overall market. The same calculation is applied here to individual companies.

Telecom Argentina's Shiller P/E Ratio of today is calculated as

Shiller PE Ratio=Share Price/E10
=2.40/0.02
=120.00

* 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 Shiller P/E Ratio of Telecom Argentina was 319.19. The lowest was 21.72. And the median was 57.52.


Be Aware

Shiller PE Ratio works better for cyclical companies. It gives you a better idea on the company's real earnings power.


Telecom Argentina E10 Related Terms


Telecom Argentina E10 Historical Data

* Premium members only.

The historical data trend for Telecom Argentina's E10 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 E10 Chart

Telecom Argentina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
E10
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 -0.05 -0.01 0.02 0.01

Telecom Argentina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
E10 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 0.02 0.02 0.01 0.01 0.02

TCMFF vs TMUS, VZ, T: E10 Comparison

For the Telecom Services subindustry, Telecom Argentina's Shiller PE Ratio, along with its competitors' market caps and Shiller PE 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 Shiller PE Ratio vs Telecommunication Services Industry

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

* The bar in red indicates where Telecom Argentina's Shiller PE Ratio falls into.


TCMFF
87GF Score
Telecom Argentina SA TCMFF
E10 is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Telecom Argentina E10 Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller P/E calculation. When we calculate the today's Shiller P/E ratio of a stock, we use today's price divided by E10.

What is E10? How do we calculate E10?

E10 is the average of the inflation adjusted earnings of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the E10 of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the earnings from 2001 through 2010.

We adjusted the earnings of 2001 earnings data with the total inflation from 2001 through 2010 to the equivalent earnings in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart earned $1 a share in 2001, then the 2001's equivalent earnings in 2010 is $1.4 a share. If Wal-Mart earns $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 earnings in 2010 is $1.35. So on and so forth, you get the equivalent earnings of past 10 years. Then you add them together and divided the sum by 10 to get E10.

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 earnings per share data for the three months ended in Mar. 2026 was:

Adj_EPS= Earnings per Share (Diluted) /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=0.211/330.2130*330.2130
=0.211

Current CPI (Mar. 2026) = 330.2130.

Telecom Argentina Quarterly Data

per share eps CPI Adj_EPS
201606 0.059 241.018 0.081
201609 0.052 241.428 0.071
201612 0.098 241.432 0.134
201703 0.125 243.801 0.169
201706 0.065 244.955 0.088
201709 0.066 246.819 0.088
201712 0.058 246.524 0.078
201803 0.262 249.554 0.347
201806 -0.170 251.989 -0.223
201809 -0.195 252.439 -0.255
201812 0.281 251.233 0.369
201903 0.022 254.202 0.029
201906 0.078 256.143 0.101
201909 -0.231 256.759 -0.297
201912 0.078 256.974 0.100
202003 0.027 258.115 0.035
202006 -0.010 257.797 -0.013
202009 -0.034 260.280 -0.043
202012 -0.022 260.474 -0.028
202103 0.070 264.877 0.087
202106 -0.094 271.696 -0.114
202109 0.022 274.310 0.026
202112 0.038 278.802 0.045
202203 0.208 287.504 0.239
202206 0.030 296.311 0.033
202209 -1.616 296.808 -1.798
202212 -0.040 296.797 -0.045
202303 0.253 301.836 0.277
202306 0.025 305.109 0.027
202309 0.124 307.789 0.133
202312 -0.492 306.746 -0.530
202403 0.578 312.332 0.611
202406 0.040 314.175 0.042
202409 -0.011 315.301 -0.012
202412 -0.001 315.605 -0.001
202503 0.051 319.799 0.053
202506 -0.070 322.561 -0.072
202509 -0.069 324.800 -0.070
202512 0.045 324.054 0.046
202603 0.211 330.213 0.211

Add all the adjusted EPS together and divide 10 will get our e10.

Frequently Asked Questions Learn more about E10 →
What does a E10 of $0.02 mean?
Telecom Argentina (TCMFF) has a E10 of $0.02 as of Mar. 2026. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Telecom Argentina and its competitors.
Is Telecom Argentina's E10 too high?
Telecom Argentina's current E10 is $0.02. Overall, Telecom Argentina has a GF Score™ of 87/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's E10 compare to TMUS and VZ?
Telecom Argentina's E10 of $0.02 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 E10 for a Telecommunication Services company?
A good E10 depends on the Telecommunication Services industry context. However, E10 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 E10 mean?
A high E10 can signal that a stock is expensive relative to its fundamentals. E10 represents the company's inflation-adjusted earnings per share over a 10-year period. View historical data on Telecom Argentina and its competitors. Telecom Argentina's current E10 is $0.02. 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 (TCMFF) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.42, compared to a current price of $2.40 — trading 69% above its estimated fair value. The current E10 is $0.02. Telecom Argentina's overall GF Score™ is 87/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is E10 calculated?
E10 is calculated from a company's financial statements. For Telecom Argentina (TCMFF), the current E10 is $0.02 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 (TCMFF) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Argentina stock appears to be overvalued. The current stock price of $2.40 is trading 69% above its estimated GF Value™ of $1.42. GuruFocus considers Telecom Argentina to be Significantly Overvalued.

Key valuation signals for TCMFF:

  • E10: $0.02
  • GF Value™: $1.42 vs. price of $2.40 (69% above fair value)
  • GF Score™: 87/100 with 6 warning signs

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


Telecom Argentina Business Description

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..
87GF Score

Get the complete analysis for TCMFF

E10 is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.40
Price
$1.42
GF Value