Makedonski Telekom AD (XMAE:TEL) EBITDA Margin %: 42.32% (As of Mar. 2026) — Near Median

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XMAE:TEL Makedonski Telekom AD XMAE:TEL
73 GF Score
Price MKD495.00
GF Value MKD432.91
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Makedonski Telekom AD EBITDA Margin %?

Makedonski Telekom AD XMAE:TEL 73 EBITDA Margin % is 42.32% as of Mar. 2026, which is 4% above its 10-year median of 40.74. GuruFocus rates XMAE:TEL with a GF Score™ of 73/100 and a GF Value™ of MKD432.91 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 364 Telecommunication Services companies, Makedonski Telekom AD ranks better than 79.4% on this metric.

EBITDA Margin % is calculated as EBITDA divided by its Revenue. Makedonski Telekom AD's EBITDA for the three months ended in Mar. 2026 was MKD1,318 Mil. Makedonski Telekom AD's Revenue for the three months ended in Mar. 2026 was MKD3,114 Mil. Therefore, Makedonski Telekom AD's EBITDA margin for the quarter that ended in Mar. 2026 was 42.32%.


Makedonski Telekom AD  (XMAE:TEL) EBITDA Margin % Explanation

EBITDA Margin % is the ratio of EBITDA divided by net sales or Revenue. It is an performance metric measuring company's operating profitability. EBITDA Margin takes depreciation and amortization, interest expense and tax into account, which makes it easy to compare the relative profitability of companies of different sizes in the same industry.


Makedonski Telekom AD EBITDA Margin % Related Terms


Makedonski Telekom AD EBITDA Margin % Historical Data

* Premium members only.

The historical data trend for Makedonski Telekom AD's EBITDA Margin % 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.

Makedonski Telekom AD EBITDA Margin % Chart

Makedonski Telekom AD Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
EBITDA Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.31 44.42 40.05 43.05 43.02

Makedonski Telekom AD Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Mar26
EBITDA Margin % 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 37.50 43.90 43.53 47.72 42.32

XMAE:TEL vs VZ, TMUS, T: EBITDA Margin % Comparison

For the Telecom Services subindustry, Makedonski Telekom AD's EBITDA Margin %, along with its competitors' market caps and EBITDA Margin % 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.


Makedonski Telekom AD EBITDA Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Makedonski Telekom AD's EBITDA Margin % distribution charts can be found below:

* The bar in red indicates where Makedonski Telekom AD's EBITDA Margin % falls into.


XMAE:TEL
73GF Score
Makedonski Telekom AD XMAE:TEL
EBITDA Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Makedonski Telekom AD EBITDA Margin % Calculation

EBITDA margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent.

Makedonski Telekom AD's EBITDA Margin % for the fiscal year that ended in Dec. 2024 is calculated as

EBITDA Margin %=EBITDA (A: Dec. 2024 )/Revenue (A: Dec. 2024 )
=5250.083/12202.637
=43.02 %

Makedonski Telekom AD's EBITDA Margin % for the quarter that ended in Mar. 2026 is calculated as

EBITDA Margin %=EBITDA (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=1317.783/3113.696
=42.32 %

* 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 EBITDA Margin % →
What does a EBITDA Margin % of 42.32% mean?
Makedonski Telekom AD (XMAE:TEL) has a EBITDA Margin % of 42.32% as of Mar. 2026. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Makedonski Telekom AD and its competitors. This is near median its historical median of 40.74. Over the past decade, Makedonski Telekom AD's EBITDA Margin % has ranged from 36.11 to 44.56. According to the industry distribution chart, Makedonski Telekom AD ranks #75 out of 364 companies in the Telecommunication Services industry, placing it in the top 20.6%.
Is Makedonski Telekom AD's EBITDA Margin % too high?
Makedonski Telekom AD's current EBITDA Margin % of 42.32% is near median its 10-year median of 40.74. Over the past 10 years, this metric has ranged from a low of 36.11 to a high of 44.56. The Telecommunication Services industry median EBITDA Margin % is 24.33. Makedonski Telekom AD's value of 42.32% is 74% above this industry median. Based on the distribution chart, Makedonski Telekom AD ranks #75 out of 364 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Makedonski Telekom AD has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makedonski Telekom AD's EBITDA Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Makedonski Telekom AD ranks #75 out of 364 companies for EBITDA Margin %. This places Makedonski Telekom AD in the top 21% of its industry — outperforming the majority of peers. The industry median EBITDA Margin % is 24.33. Makedonski Telekom AD's value of 42.32% is 74% above this benchmark. Historically, Makedonski Telekom AD's own EBITDA Margin % has ranged from 36.11 to 44.56 over the past decade. While the company's 10-year median is 40.74 vs. the industry median of 24.33, Makedonski Telekom AD has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EBITDA Margin % for a Telecommunication Services company?
The median EBITDA Margin % among Telecommunication Services companies is 24.33, based on 364 companies in the industry. Companies in the top quartile (top 25%) have a EBITDA Margin % significantly above this median, while those in the bottom quartile fall well below. However, EBITDA Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Makedonski Telekom AD's current EBITDA Margin % of 42.32% is 74% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EBITDA Margin % mean?
A high EBITDA Margin % can signal that a stock is expensive relative to its fundamentals. EBITDA Margin is the ratio of EBITDA divided by net sales or Revenue, usually presented in percent. View historical data on Makedonski Telekom AD and its competitors. For the Telecommunication Services industry, the median EBITDA Margin % is 24.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Makedonski Telekom AD's current EBITDA Margin % is 42.32%, which is near median its own 10-year median of 40.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makedonski Telekom AD stock overvalued right now?
Based on GuruFocus' analysis, Makedonski Telekom AD (XMAE:TEL) is currently considered Modestly Overvalued. The stock's GF Value™ is MKD432.91, compared to a current price of MKD495.00 — trading 14.3% above its estimated fair value. The current EBITDA Margin % is 42.32%, which is near median its 10-year median of 40.74 and 74% above the Telecommunication Services industry median of 24.33. Makedonski Telekom AD's overall GF Score™ is 73/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EBITDA Margin % calculated?
EBITDA Margin % is calculated from a company's financial statements. For Makedonski Telekom AD (XMAE:TEL), the current EBITDA Margin % is 42.32% 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 Makedonski Telekom AD (XMAE:TEL) Overvalued in 2026?

Based on GuruFocus' analysis, Makedonski Telekom AD stock appears to be overvalued. The current stock price of MKD495.00 is trading 14.3% above its estimated GF Value™ of MKD432.91. GuruFocus considers Makedonski Telekom AD to be Modestly Overvalued.

Key valuation signals for XMAE:TEL:

  • EBITDA Margin %: 42.32% (near median its 10-year median of 40.74)
  • GF Value™: MKD432.91 vs. price of MKD495.00 (14.3% above fair value)
  • GF Score™: 73/100 with 6 warning signs
  • Industry Position: 74% above the Telecommunication Services median (#75 of 364)

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


Makedonski Telekom AD Business Description

Address Kej 13 Noemvri No. 6, Skopje, MKD, 1000
Makedonski Telekom AD offers telecommunications services. Its services include telephone services, internet access services including broadband internet and entertainment IPTV products. The company offers a portfolio for residential and business customers, provided from a single source and focuses on Cloud and ICT solutions in order to provide the best customer experience.
73GF Score

Get the complete analysis for XMAE:TEL

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

MKD495.00
Price
MKD432.91
GF Value