TCMFF (Telecom Argentina) EBIT: $779 Mil (TTM 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
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What is Telecom Argentina EBIT?

Telecom Argentina TCMFF +37.14% 87 EBIT is $779 Mil 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.

Telecom Argentina's earnings before interest and taxes (EBIT) for the three months ended in Mar. 2026 was $800 Mil. Its earnings before interest and taxes (EBIT) for the trailing twelve months (TTM) ended in Mar. 2026 was $779 Mil.

EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Telecom Argentina's annualized ROC % for the quarter that ended in Mar. 2026 was 12.96%. Telecom Argentina's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 58.16%.

EBIT is also linked to Joel Greenblatt's definition of earnings yield. Telecom Argentina's Earnings Yield (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 9.10%.


Telecom Argentina  (OTCPK:TCMFF) EBIT Explanation

1. EBIT or Operating Income is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Telecom Argentina's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=2356.524 * ( 1 - 33.28% )/( (11567.479 + 12701.059)/ 2 )
=1572.2728128/12134.269
=12.96 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=11452.07 - 1265.578 - ( 531.634 - max(0, 2644.388 - 1263.401+531.634))
=11567.479

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=13070.119 - 1490.547 - ( 765.077 - max(0, 2677.044 - 1555.557+765.077))
=12701.059

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Telecom Argentina's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=3201.352/( ( (5178.411 + max(-745.205, 0)) + (5829.436 + max(-1006.02, 0)) )/ 2 )
=3201.352/( ( 5178.411 + 5829.436 )/ 2 )
=3201.352/5503.9235
=58.16 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(550.599 + 54.792 + 76.862) - (1265.578 + 42.759 + 119.121)
=-745.205

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(570.582 + 48.582 + 12.356) - (1490.547 + 0 + 146.993)
=-1006.02

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. It is also linked to Joel Greenblatt's definition of Earnings Yield:

Telecom Argentina's Earnings Yield (Joel Greenblatt) % for today is calculated as:

Earnings Yield (Joel Greenblatt) %=EBIT (TTM)/Enterprise Value (Q: Mar. 2026 )
=778.648/8554.206
=9.10 %

* 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 EBIT Related Terms


Telecom Argentina EBIT Historical Data

* Premium members only.

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

Telecom Argentina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
EBIT
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,633.79 -8,639.77 -4,129.01 2,095.55 198.36

Telecom Argentina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
EBIT 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 335.31 -154.26 -97.06 229.62 800.34

TCMFF vs TMUS, VZ, T: EBIT Comparison

For the Telecom Services subindustry, Telecom Argentina's EV-to-EBIT, along with its competitors' market caps and EV-to-EBIT 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 EV-to-EBIT vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telecom Argentina's EV-to-EBIT distribution charts can be found below:

* The bar in red indicates where Telecom Argentina's EV-to-EBIT falls into.


TCMFF
87GF Score
Telecom Argentina SA TCMFF
EBIT is just one metric. See GF Score™, valuation, warning signs, and more.
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Telecom Argentina EBIT Calculation

EBIT, sometimes also called Earnings Before Interest and Taxes, is a measure of a firm's profit that includes all expenses except interest and income tax expenses. It is the difference between operating revenues and operating expenses. When a firm does not have non-operating income, then Operating Income is sometimes used as a synonym for EBIT and operating profit.

EBIT for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $779 Mil.

* 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.

Frequently Asked Questions Learn more about EBIT →
What does a EBIT of $779 Mil mean?
Telecom Argentina (TCMFF) has a EBIT of $779 Mil as of Mar. 2026. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Telecom Argentina.
Is Telecom Argentina's EBIT too high?
Telecom Argentina's current EBIT is $779 Mil. 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 EBIT compare to TMUS and VZ?
Telecom Argentina's EBIT of $779 Mil 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 EBIT for a Telecommunication Services company?
A good EBIT depends on the Telecommunication Services industry context. However, EBIT 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 EBIT mean?
A high EBIT can signal that a stock is expensive relative to its fundamentals. Earnings before interest and taxes is the difference between operating revenue and operating expenses. View historical data on Telecom Argentina. Telecom Argentina's current EBIT is $779 Mil. 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 EBIT is $779 Mil. 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 EBIT calculated?
EBIT is calculated from a company's financial statements. For Telecom Argentina (TCMFF), the current EBIT is $779 Mil 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:

  • EBIT: $779 Mil
  • 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

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

$2.40
Price
$1.42
GF Value