TPG TelecomASX:TPG -0.27%63 Net Margin % is 15.43% as of Dec. 2025, which is 66% above its 10-year median of 9.31. GuruFocus rates ASX:TPG with a GF Score™ of 63/100 and a GF Value™ of A$4.52 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 368 Telecommunication Services companies, TPG Telecom ranks better than 62.77% on this metric.
Net margin is calculated as Net Income divided by its Revenue. TPG Telecom's Net Income for the
six
months ended in Dec. 2025 was A$400 Mil. TPG Telecom's Revenue for the
six
months ended in Dec. 2025 was A$2,593 Mil. Therefore, TPG Telecom's net margin for the quarter that ended in Dec. 2025 was 15.43%.
The historical rank and industry rank for TPG Telecom's Net Margin % or its related term are showing as below:
ASX:TPG'
s Net Margin % Range Over the Past 10 Years
Min: -1.94 Med: 9.31 Max: 17.03
Current: 9.15
ASX:TPG's Net Margin % is ranked better than 62.77% of 368
companies
in the Telecommunication Services industry
Industry Median: 5.455
vs ASX:TPG: 9.15
TPG Telecom (ASX:TPG) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
TPG Telecom Net Margin % Related Terms
TPG Telecom Net Margin % Historical Data
* Premium members only.
The historical data trend for TPG Telecom's Net 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 Net Margin %, along with its competitors' market caps and Net 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 Net Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TPG Telecom's Net Margin % distribution charts can be found below:
* The bar in red indicates where TPG Telecom's Net 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.
TPG Telecom (ASX:TPG) has a Net Margin % of 15.43% as of Dec. 2025. Net margin is the ratio of total net income to net sales. View historical data on TPG Telecom and its competitors. This is 66% above median its historical median of 9.31. According to the industry distribution chart, TPG Telecom ranks #137 out of 368 companies in the Telecommunication Services industry, placing it in the top 37.2%.
Is TPG Telecom's Net Margin % too high?
TPG Telecom's current Net Margin % of 15.43% is 66% above median its 10-year median of 9.31. The Telecommunication Services industry median Net Margin % is 5.46. TPG Telecom's value of 15.43% is 182.9% above this industry median. Based on the distribution chart, TPG Telecom ranks #137 out of 368 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, TPG Telecom has a GF Score™ of 63/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TPG Telecom's Net Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TPG Telecom ranks #137 out of 368 companies for Net Margin %. This puts TPG Telecom in the upper half of its industry. The industry median Net Margin % is 5.46. TPG Telecom's value of 15.43% is 182.9% above this benchmark. While the company's 10-year median is 9.31 vs. the industry median of 5.46, 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 Net Margin % for a Telecommunication Services company?
The median Net Margin % among Telecommunication Services companies is 5.46, based on 368 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TPG Telecom's current Net Margin % of 15.43% is 182.9% 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on TPG Telecom and its competitors. For the Telecommunication Services industry, the median Net Margin % is 5.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TPG Telecom's current Net Margin % is 15.43%, which is 66% above median its own 10-year median of 9.31. 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$3.64 — trading 19.5% below its estimated fair value. The current Net Margin % is 15.43%, which is 66% above median its 10-year median of 9.31 and 182.9% above the Telecommunication Services industry median of 5.46. TPG Telecom's overall GF Score™ is 63/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For TPG Telecom (ASX:TPG), the current Net Margin % is 15.43% 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$3.64 is trading 19.5% below its estimated GF Value™ of A$4.52.
GuruFocus considers TPG Telecom to be Modestly Undervalued.
Key valuation signals for ASX:TPG:
Net Margin %: 15.43% (66% above median its 10-year median of 9.31)
GF Value™: A$4.52 vs. price of A$3.64 (19.5% below fair value)
Industry Position: 182.9% above the Telecommunication Services median (#137 of 368)
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.
63GF Score
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