Telkom SOC (JSE:TKG) FCF Margin %: 14.34% (As of Mar. 2026) — 1169% Above Median


JSE:TKG Telkom SA SOC Ltd JSE:TKG
68 GF Score
Price R56.84
GF Value R33.52
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Telkom SOC FCF Margin %?

Telkom SOC JSE:TKG -1.92% 68 FCF Margin % is 14.34% as of Mar. 2026, which is 1169% above its 10-year median of 1.13. GuruFocus rates JSE:TKG with a GF Score™ of 68/100 and a GF Value™ of R33.52 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 365 Telecommunication Services companies, Telkom SOC ranks worse than 51.23% on this metric.

FCF Margin % is calculated as Free Cash Flow divided by its Revenue. Telkom SOC's Free Cash Flow for the six months ended in Mar. 2026 was R3,208 Mil. Telkom SOC's Revenue for the six months ended in Mar. 2026 was R22,373 Mil. Therefore, Telkom SOC's FCF Margin % for the quarter that ended in Mar. 2026 was 14.34%.

As of today, Telkom SOC's current FCF Yield % is 12.52%.

The historical rank and industry rank for Telkom SOC's FCF Margin % or its related term are showing as below:

JSE:TKG' s FCF Margin % Range Over the Past 10 Years
Min: -7.17   Med: 1.13   Max: 11.15
Current: 7.9


During the past 13 years, the highest FCF Margin % of Telkom SOC was 11.15%. The lowest was -7.17%. And the median was 1.13%.

JSE:TKG's FCF Margin % is ranked worse than
51.23% of 365 companies
in the Telecommunication Services industry
Industry Median: 8.25 vs JSE:TKG: 7.90


Telkom SOC FCF Margin % Related Terms


Telkom SOC FCF Margin % Historical Data

* Premium members only.

The historical data trend for Telkom SOC's FCF 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.

Telkom SOC FCF Margin % Chart

Telkom SOC Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
FCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.28 -3.57 3.94 11.15 7.90

Telkom SOC Semi-Annual Data
Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
FCF 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 6.96 11.26 11.05 1.39 14.34

JSE:TKG vs TMUS, VZ, T: FCF Margin % Comparison

For the Telecom Services subindustry, Telkom SOC's FCF Margin %, along with its competitors' market caps and FCF 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.


Telkom SOC FCF Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Telkom SOC's FCF Margin % distribution charts can be found below:

* The bar in red indicates where Telkom SOC's FCF Margin % falls into.


JSE:TKG
68GF Score
Telkom SA SOC Ltd JSE:TKG
FCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Telkom SOC FCF Margin % Calculation

FCF margin is the ratio of Free Cash Flow divided by net sales or Revenue, usually presented in percent.

Telkom SOC's FCF Margin for the fiscal year that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (A: Mar. 2026 )/Revenue (A: Mar. 2026 )
=3515/44477
=7.90 %

Telkom SOC's FCF Margin for the quarter that ended in Mar. 2026 is calculated as

FCF Margin=Free Cash Flow (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=3208/22373
=14.34 %

* 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 FCF Margin % →
What does a FCF Margin % of 14.34% mean?
Telkom SOC (JSE:TKG) has a FCF Margin % of 14.34% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Telkom SOC and its competitors. This is 1169% above median its historical median of 1.13. According to the industry distribution chart, Telkom SOC ranks #187 out of 365 companies in the Telecommunication Services industry, placing it in the top 51.2%.
Is Telkom SOC's FCF Margin % too high?
Telkom SOC's current FCF Margin % of 14.34% is 1169% above median its 10-year median of 1.13. The Telecommunication Services industry median FCF Margin % is 8.25. Telkom SOC's value of 14.34% is 73.8% above this industry median. Based on the distribution chart, Telkom SOC ranks #187 out of 365 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telkom SOC has a GF Score™ of 68/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telkom SOC's FCF Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telkom SOC ranks #187 out of 365 companies for FCF Margin %. This places Telkom SOC in the lower half of its industry. The industry median FCF Margin % is 8.25. Telkom SOC's value of 14.34% is 73.8% above this benchmark. While the company's 10-year median is 1.13 vs. the industry median of 8.25, Telkom SOC 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 FCF Margin % for a Telecommunication Services company?
The median FCF Margin % among Telecommunication Services companies is 8.25, based on 365 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telkom SOC's current FCF Margin % of 14.34% is 73.8% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Telkom SOC and its competitors. For the Telecommunication Services industry, the median FCF Margin % is 8.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telkom SOC's current FCF Margin % is 14.34%, which is 1169% above median its own 10-year median of 1.13. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telkom SOC stock overvalued right now?
Based on GuruFocus' analysis, Telkom SOC (JSE:TKG) is currently considered Significantly Overvalued. The stock's GF Value™ is R33.52, compared to a current price of R56.84 — trading 69.6% above its estimated fair value. The current FCF Margin % is 14.34%, which is 1169% above median its 10-year median of 1.13 and 73.8% above the Telecommunication Services industry median of 8.25. Telkom SOC's overall GF Score™ is 68/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Telkom SOC (JSE:TKG), the current FCF Margin % is 14.34% 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 Telkom SOC (JSE:TKG) Overvalued in 2026?

Based on GuruFocus' analysis, Telkom SOC stock appears to be overvalued. The current stock price of R56.84 is trading 69.6% above its estimated GF Value™ of R33.52. GuruFocus considers Telkom SOC to be Significantly Overvalued.

Key valuation signals for JSE:TKG:

  • FCF Margin %: 14.34% (1169% above median its 10-year median of 1.13)
  • GF Value™: R33.52 vs. price of R56.84 (69.6% above fair value)
  • GF Score™: 68/100 with 2 warning signs
  • Industry Position: 73.8% above the Telecommunication Services median (#187 of 365)

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


Telkom SOC Business Description

Other Exchanges TZL1:Germany
Address 61 Oak Avenue, Telkom Park, Highveld, Centurion, GT, ZAF, 0157
Telkom SA SOC Ltd provides fixed-line voice and data communications services in South Africa. The company has segments namely: Openserve; Telkom Consumer; BCX; Gyro; and others It derives maximum revenue from Telkom Consumer segment.
68GF Score

Get the complete analysis for JSE:TKG

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

R56.84
Price
R33.52
GF Value