TPG TelecomASX:TPG +0.83%66 Gross Margin % is 52.56% as of Dec. 2025, which is 0% above its 10-year median of 52.49. GuruFocus rates ASX:TPG with a GF Score™ of 66/100 and a GF Value™ of A$4.52 (Modestly Undervalued). The stock has 7 warning signs investors should review. Among 342 Telecommunication Services companies, TPG Telecom ranks better than 53.22% on this metric.
The historical rank and industry rank for TPG Telecom's Gross Margin % or its related term are showing as below:
ASX:TPG'
s Gross Margin % Range Over the Past 10 Years
Min: 46.02 Med: 52.49 Max: 57.99
Current: 53.18
During the past 13 years, the highestGross Margin % of TPG Telecom was 57.99%. The lowest was 46.02%. And the median was 52.49%.
ASX:TPG's Gross Margin % is ranked better than 53.22% of 342
companies
in the Telecommunication Services industry
Industry Median: 51.51
vs ASX:TPG: 53.18
TPG Telecom had a gross margin of 52.56% for the quarter that ended in Dec. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for TPG Telecom was 3.60% per year.
TPG Telecom (ASX:TPG) Gross Margin % Explanation
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
TPG Telecom had a gross margin of 52.56% for the quarter that ended in Dec. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
TPG Telecom Gross Margin % Related Terms
TPG Telecom Gross Margin % Historical Data
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The historical data trend for TPG Telecom's Gross 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.
For the Telecom Services subindustry, TPG Telecom's Gross Margin %, along with its competitors' market caps and Gross 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.
TPG Telecom Gross Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TPG Telecom's Gross Margin % distribution charts can be found below:
* The bar in red indicates where TPG Telecom's Gross Margin % 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.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
TPG Telecom (ASX:TPG) has a Gross Margin % of 52.56% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on TPG Telecom and its competitors. This is near median its historical median of 52.49. Over the past decade, TPG Telecom's Gross Margin % has ranged from 46.02 to 57.99. According to the industry distribution chart, TPG Telecom ranks #160 out of 342 companies in the Telecommunication Services industry, placing it in the top 46.8%.
Is TPG Telecom's Gross Margin % too high?
TPG Telecom's current Gross Margin % of 52.56% is near median its 10-year median of 52.49. Over the past 10 years, this metric has ranged from a low of 46.02 to a high of 57.99. The Telecommunication Services industry median Gross Margin % is 51.51. TPG Telecom's value of 52.56% is 2% above this industry median. Based on the distribution chart, TPG Telecom ranks #160 out of 342 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, TPG Telecom has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPG Telecom's Gross Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TPG Telecom ranks #160 out of 342 companies for Gross Margin %. This puts TPG Telecom in the upper half of its industry. The industry median Gross Margin % is 51.51. TPG Telecom's value of 52.56% is 2% above this benchmark. Historically, TPG Telecom's own Gross Margin % has ranged from 46.02 to 57.99 over the past decade. While the company's 10-year median is 52.49 vs. the industry median of 51.51, TPG Telecom 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 Gross Margin % for a Telecommunication Services company?
The median Gross Margin % among Telecommunication Services companies is 51.51, based on 342 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TPG Telecom's current Gross Margin % of 52.56% is 2% 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 Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on TPG Telecom and its competitors. For the Telecommunication Services industry, the median Gross Margin % is 51.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPG Telecom's current Gross Margin % is 52.56%, which is near median its own 10-year median of 52.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TPG Telecom stock overvalued right now?
Based on GuruFocus' analysis, TPG Telecom (ASX:TPG) is currently considered Modestly Undervalued. The stock's GF Value™ is A$4.52, compared to a current price of A$3.63 — trading 19.7% below its estimated fair value. The current Gross Margin % is 52.56%, which is near median its 10-year median of 52.49 and 2% above the Telecommunication Services industry median of 51.51. TPG Telecom's overall GF Score™ is 66/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For TPG Telecom (ASX:TPG), the current Gross Margin % is 52.56% as of Dec. 2025. 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 TPG Telecom (ASX:TPG) Overvalued in 2026?
Based on GuruFocus' analysis, TPG Telecom stock appears to be undervalued.
The current stock price of A$3.63 is trading 19.7% below its estimated GF Value™ of A$4.52.
GuruFocus considers TPG Telecom to be Modestly Undervalued.
Key valuation signals for ASX:TPG:
Gross Margin %: 52.56% (near median its 10-year median of 52.49)
GF Value™: A$4.52 vs. price of A$3.63 (19.7% below fair value)
Industry Position: 2% above the Telecommunication Services median (#160 of 342)
No single metric tells the full story. See the ASX:TPG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TPG Telecom is Australia's third-largest telecom services company. It offers mobile, fixed-line broadband and telephony solutions. The group's mobile business caters to all market segments spanning consumer, small business, corporate, wholesale, and government. TPG Telecom has grown substantially since listing on the ASX in 2008, via organic growth and acquisitions, and culminated with the July 2020 Vodafone Hutchison Australia merger, the third-ranked mobile network operator in Australia. It owns an extensive stable of infrastructure assets, including a nationwide mobile network that is upgrading to 5G wireless. In July 2025, TPG sold its fiber assets for AUD 5.3 billion to Vocus.
66GF Score
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