TPG TelecomASX:TPG +0.83%66 Market Cap is A$7,126 Mil as of Jul. 01, 2026. 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 375 Telecommunication Services companies, TPG Telecom ranks better than 77.87% on this metric.
Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). TPG Telecom's share price for the quarter that ended in Dec. 2025 was A$3.79. TPG Telecom's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 1,963 Mil. Therefore, TPG Telecom's market cap for the quarter that ended in Dec. 2025 was A$7,440 Mil.
TPG Telecom's quarterly market cap
increased
from Dec. 2024 (A$8,348 Mil) to Jun. 2025 (A$9,910 Mil) but then
declined
from Jun. 2025 (A$9,910 Mil) to Dec. 2025 (A$7,440 Mil).
TPG Telecom's annual market cap
declined
from Dec. 2023 (A$9,631 Mil) to Dec. 2024 (A$8,348 Mil) and
declined
from Dec. 2024 (A$8,348 Mil) to Dec. 2025 (A$7,440 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. TPG Telecom's Enterprise Value for Today is A$11,208 Mil.
TPG Telecom (ASX:TPG) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
TPG Telecom Market Cap Related Terms
TPG Telecom Market Cap Historical Data
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The historical data trend for TPG Telecom's Market Cap 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 Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TPG Telecom's Market Cap distribution charts can be found below:
* The bar in red indicates where TPG Telecom's Market Cap falls into.
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
TPG Telecom's Market Cap for the fiscal year that ended in Dec. 2025 is calculated as
* 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.
TPG Telecom (ASX:TPG) has a Market Cap of A$7,126 Mil as of Jul. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TPG Telecom and its competitors. According to the industry distribution chart, TPG Telecom ranks #83 out of 375 companies in the Telecommunication Services industry, placing it in the top 22.1%.
Is TPG Telecom's Market Cap too high?
TPG Telecom's current Market Cap is A$7,126 Mil. Based on the distribution chart, TPG Telecom ranks #83 out of 375 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. 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 Market Cap compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TPG Telecom ranks #83 out of 375 companies for Market Cap. This places TPG Telecom in the top 22% of its industry — outperforming the majority of peers. The industry median Market Cap is 496.70. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Telecommunication Services company?
The median Market Cap among Telecommunication Services companies is 496.70, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap 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 Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on TPG Telecom and its competitors. For the Telecommunication Services industry, the median Market Cap is 496.70 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPG Telecom's current Market Cap is A$7,126 Mil. 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 Market Cap is A$7,126 Mil. 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 Market Cap calculated?
Market Cap is calculated from a company's financial statements. For TPG Telecom (ASX:TPG), the current Market Cap is A$7,126 Mil as of Jul. 01, 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 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:
Market Cap: A$7,126 Mil
GF Value™: A$4.52 vs. price of A$3.63 (19.7% below fair value)
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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