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Telecom ArgentinaMEX:TEO N 83 Piotroski F-Score is 7 as of Aug. 17, 2026, which is 17% above its 10-year median of 6.00. GuruFocus rates MEX:TEO N with a GF Score™ of 83/100 and a GF Value™ of MXN123.44. The stock has 9 warning signs investors should review. Among 354 Telecommunication Services companies, Telecom Argentina ranks better than 90.11% on this metric.
Good Sign:
Piotroski F-Score is 7, indicates a very healthy situation.
The zones of discrimination were as such:
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Telecom Argentina has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
The historical rank and industry rank for Telecom Argentina's Piotroski F-Score or its related term are showing as below:
MEX:TEO N'
s Piotroski F-Score Range Over the Past 10 Years
Min: 3 Med: 6 Max: 7
Current: 7
During the past 13 years, the highest Piotroski F-Score of Telecom Argentina was 7. The lowest was 3. And the median was 6.
Telecom Argentina (MEX:TEO N) Piotroski F-Score Explanation
The developer of the system is Joseph D. Piotroski is relatively unknown accounting professor who shuns publicity and rarely gives interviews.
He graduated from the University of Illinois with a B.S. in accounting in 1989, received an M.B.A. from Indiana University in 1994. Five years later, in 1999, after earning a Ph.D. in accounting from the University of Michigan, he became an associate professor of accounting at the University of Chicago.
He wanted to see if he can develop a system (using a simple nine-point scoring system) that can increase the returns of a strategy of investing in low price to book (referred to in the paper as high book to market) value companies.
What he found was something that exceeded his most optimistic expectations.
Buying only those companies that scored highest (8 or 9) on his nine-point scale, or F-Score as he called it, over the 20 year period from 1976 to 1996 led to an average out-performance over the market of 13.4%.
Even more impressive were the results of a strategy of investing in the highest F-Score companies (8 or 9) and shorting companies with the lowest F-Score (0 or 1).
Over the same period from 1976 to 1996 (20 years) this strategy led to an average yearly return of 23%, substantially outperforming the average S&P 500 index return of 15.83% over the same period.
Telecom Argentina Piotroski F-Score Related Terms
Telecom Argentina Piotroski F-Score Historical Data
* Premium members only.
The historical data trend for Telecom Argentina's Piotroski F-Score 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.
MEX:TEO N vs VZ, TMUS, T: Piotroski F-Score Comparison
For the Telecom Services subindustry, Telecom Argentina's Piotroski F-Score, along with its competitors' market caps and Piotroski F-Score 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 Piotroski F-Score vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telecom Argentina's Piotroski F-Score distribution charts can be found below:
* The bar in red indicates where Telecom Argentina's Piotroski F-Score falls into.
* 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.
This Year (Jun26) TTM:
Last Year (Jun25) TTM:
Net Income was -2706.528 + 1478.054 + 8211.075 + 2051.526 = MXN9,034 Mil. Cash Flow from Operations was 5120.686 + 13514.997 + 9869.883 + 11156.535 = MXN39,662 Mil. Revenue was 27897.125 + 33571.032 + 30406.288 + 30137.868 = MXN122,012 Mil. Gross Profit was 20784.126 + 25623.529 + 23216.578 + 23287.877 = MXN92,912 Mil.
Average Total Assets from the begining of this year (Jun25)
to the end of this year (Jun26) was
(230898.496 + 211137.955 + 206202.532 + 235689.534 + 226870.939) / 5 = MXN222159.8912 Mil. Total Assets at the begining of this year (Jun25) was MXN230,898 Mil. Long-Term Debt & Capital Lease Obligation was MXN56,053 Mil. Total Current Assets was MXN24,690 Mil. Total Current Liabilities was MXN42,781 Mil.
Net Income was -446.569 + 1963.347 + 2266.444 + -3774.474 = MXN9 Mil.
Revenue was 26834.285 + 34789.641 + 34660.726 + 40432.056 = MXN136,717 Mil. Gross Profit was 19762.287 + 25536.504 + 26026.284 + 30253.898 = MXN101,579 Mil.
Average Total Assets from the begining of last year (Jun24)
to the end of last year (Jun25) was
(190990.357 + 211167.685 + 297219.413 + 269357.997 + 230898.496) / 5 = MXN239926.7896 Mil. Total Assets at the begining of last year (Jun24) was MXN190,990 Mil. Long-Term Debt & Capital Lease Obligation was MXN51,477 Mil. Total Current Assets was MXN21,895 Mil. Total Current Liabilities was MXN51,041 Mil.
*Note: If the latest quarterly/semi-annual/annual total assets data is 0, then we will use previous quarterly/semi-annual/annual data for all the items in the balance sheet.
Profitability
Question 1. Return on Assets (ROA)
Net income before extraordinary items for the year divided by Total Assets at the beginning of the year.
Score 1 if positive, 0 if negative.
Telecom Argentina's current Net Income (TTM) was 9,034.
==> Positive ==> Score 1.
Question 2. Cash Flow Return on Assets (CFROA)
Net cash flow from operating activities (operating cash flow) divided by Total Assets at the beginning of the year.
Telecom Argentina's return on assets of this year was 0.03912597. Telecom Argentina's return on assets of last year was 4.58E-5.
==> This year is higher. ==> Score 1.
Question 4. Quality of Earnings (Accrual)
Compare Cash flow return on assets (2) to return on assets (1)
Telecom Argentina's gearing of this year was 0.25230899. Telecom Argentina's gearing of last year was 0.21455452.
==> Last year is lower than this year ==> Score 0.
Question 6. Change in Working Capital (Liquidity)
Compare this year's current ratio (current assets divided by current liabilities) to last year's current ratio.
Score 1 if this year's current ratio is higher, 0 if it's lower
Telecom Argentina's current ratio of this year was 0.57713281. Telecom Argentina's current ratio of last year was 0.42897141.
==> This year's current ratio is higher. ==> Score 1.
Question 7. Change in Shares in Issue
Compare the number of shares in issue this year, to the number in issue last year.
Score 0 if there is larger number of shares in issue this year, 1 otherwise.
Telecom Argentina's number of shares in issue this year was 430.738. Telecom Argentina's number of shares in issue last year was 430.738.
==> There is smaller number of shares in issue this year, or the same. ==> Score 1.
Efficiency
Question 8. Change in Gross Margin
Compare this year's gross margin (Gross Profit divided by sales) to last year's.
Score 1 if this year's gross margin is higher, 0 if it's lower.
Telecom Argentina's gross margin of this year was 0.76149782. Telecom Argentina's gross margin of last year was 0.74298873.
==> This year's gross margin is higher. ==> Score 1.
Question 9. Change in asset turnover
Compare this year's asset turnover (total sales for the year divided by total assets at the beginning of the year) to last year's asset turnover ratio.
Score 1 if this year's asset turnover ratio is higher, 0 if it's lower
Telecom Argentina's asset turnover of this year was 0.52842403. Telecom Argentina's asset turnover of last year was 0.71583042.
==> Last year's asset turnover is higher ==> Score 0.
Evaluation
Piotroski F-Score
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7
Good or high score = 7, 8, 9
Bad or low score = 0, 1, 2, 3
Telecom Argentina has an F-score of 7. It is a good or high score, which usually indicates a very healthy situation.
Telecom Argentina (MEX:TEO N) has a Piotroski F-Score of 7 as of Aug. 17, 2026. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Telecom Argentina and its competitors. This is 17% above median its historical median of 6.00. Over the past decade, Telecom Argentina's Piotroski F-Score has ranged from 3.00 to 7.00. According to the industry distribution chart, Telecom Argentina ranks #35 out of 354 companies in the Telecommunication Services industry, placing it in the top 9.9%.
Is Telecom Argentina's Piotroski F-Score too high?
Telecom Argentina's current Piotroski F-Score of 7 is 17% above median its 10-year median of 6.00. Over the past 10 years, this metric has ranged from a low of 3.00 to a high of 7.00. The Telecommunication Services industry median Piotroski F-Score is 6.00. Telecom Argentina's value of 7 is 16.7% above this industry median. Based on the distribution chart, Telecom Argentina ranks #35 out of 354 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Telecom Argentina has a GF Score™ of 83/100, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's Piotroski F-Score compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Telecom Argentina ranks #35 out of 354 companies for Piotroski F-Score. This places Telecom Argentina in the top 10% of its industry — outperforming the majority of peers. The industry median Piotroski F-Score is 6.00. Telecom Argentina's value of 7 is 16.7% above this benchmark. Historically, Telecom Argentina's own Piotroski F-Score has ranged from 3.00 to 7.00 over the past decade. While the company's 10-year median is 6.00 vs. the industry median of 6.00, Telecom Argentina 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 Piotroski F-Score for a Telecommunication Services company?
The median Piotroski F-Score among Telecommunication Services companies is 6.00, based on 354 companies in the industry. Companies in the top quartile (top 25%) have a Piotroski F-Score significantly above this median, while those in the bottom quartile fall well below. However, Piotroski F-Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Telecom Argentina's current Piotroski F-Score of 7 is 16.7% 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 Piotroski F-Score mean?
A high Piotroski F-Score can signal that a stock is expensive relative to its fundamentals. The Piotroski F-score grades a company's business operating strength from 0-9. View historical data on Telecom Argentina and its competitors. For the Telecommunication Services industry, the median Piotroski F-Score is 6.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telecom Argentina's current Piotroski F-Score is 7, which is 17% above median its own 10-year median of 6.00. 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?
Telecom Argentina (MEX:TEO N) has a current Piotroski F-Score of 7. The stock's GF Value™ is MXN123.44, compared to a current price of MXN142.68 — trading 15.6% above its estimated fair value. The current Piotroski F-Score is 7, which is 17% above median its 10-year median of 6.00 and 16.7% above the Telecommunication Services industry median of 6.00. Telecom Argentina's overall GF Score™ is 83/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Piotroski F-Score calculated?
Piotroski F-Score is calculated from a company's financial statements. For Telecom Argentina (MEX:TEO N), the current Piotroski F-Score is 7 as of Aug. 17, 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 (MEX:TEO N) Overvalued in 2026?
Based on GuruFocus' analysis, Telecom Argentina stock appears to be overvalued.
The current stock price of MXN142.68 is trading 15.6% above its estimated GF Value™ of MXN123.44.
Key valuation signals for MEX:TEO N:
Piotroski F-Score: 7 (17% above median its 10-year median of 6.00)
GF Value™: MXN123.44 vs. price of MXN142.68 (15.6% above fair value)
Industry Position: 16.7% above the Telecommunication Services median (#35 of 354)
No single metric tells the full story. See the MEX:TEO N stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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
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