True PCLFRA:TAF0 -7.10%48 Net Margin % is 14.20% as of Mar. 2026, which is 3450% above its 10-year median of 0.40. GuruFocus rates FRA:TAF0 with a GF Score™ of 48/100 and a GF Value™ of €0.26. The stock has 7 warning signs investors should review. Among 368 Telecommunication Services companies, True PCL ranks better than 58.97% on this metric.
Net margin is calculated as Net Income divided by its Revenue. True PCL's Net Income for the
three
months ended in Mar. 2026 was €177 Mil. True PCL's Revenue for the
three
months ended in Mar. 2026 was €1,244 Mil. Therefore, True PCL's net margin for the quarter that ended in Mar. 2026 was 14.20%.
The historical rank and industry rank for True PCL's Net Margin % or its related term are showing as below:
FRA:TAF0'
s Net Margin % Range Over the Past 10 Years
Min: -13.54 Med: 0.4 Max: 7.45
Current: 7.45
FRA:TAF0's Net Margin % is ranked better than 58.97% of 368
companies
in the Telecommunication Services industry
Industry Median: 5.455
vs FRA:TAF0: 7.45
True PCL (FRA:TAF0) 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.
True PCL Net Margin % Related Terms
True PCL Net Margin % Historical Data
* Premium members only.
The historical data trend for True PCL'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, True PCL'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.
True PCL Net Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, True PCL's Net Margin % distribution charts can be found below:
* The bar in red indicates where True PCL'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.
True PCL (FRA:TAF0) has a Net Margin % of 14.20% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on True PCL and its competitors. This is 3450% above median its historical median of 0.40. According to the industry distribution chart, True PCL ranks #151 out of 368 companies in the Telecommunication Services industry, placing it in the top 41%.
Is True PCL's Net Margin % too high?
True PCL's current Net Margin % of 14.20% is 3450% above median its 10-year median of 0.40. The Telecommunication Services industry median Net Margin % is 5.46. True PCL's value of 14.20% is 160.3% above this industry median. Based on the distribution chart, True PCL ranks #151 out of 368 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, True PCL has a GF Score™ of 48/100, reflecting its overall financial health beyond just this single metric.
How does True PCL's Net Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, True PCL ranks #151 out of 368 companies for Net Margin %. This puts True PCL in the upper half of its industry. The industry median Net Margin % is 5.46. True PCL's value of 14.20% is 160.3% above this benchmark. While the company's 10-year median is 0.40 vs. the industry median of 5.46, True PCL 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. True PCL's current Net Margin % of 14.20% is 160.3% 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 True PCL 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. True PCL's current Net Margin % is 14.20%, which is 3450% above median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is True PCL stock overvalued right now?
True PCL (FRA:TAF0) has a current Net Margin % of 14.20%. The stock's GF Value™ is €0.26, compared to a current price of €0.29 — trading 10.8% above its estimated fair value. The current Net Margin % is 14.20%, which is 3450% above median its 10-year median of 0.40 and 160.3% above the Telecommunication Services industry median of 5.46. True PCL's overall GF Score™ is 48/100 with 7 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 True PCL (FRA:TAF0), the current Net Margin % is 14.20% 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 True PCL (FRA:TAF0) Overvalued in 2026?
Based on GuruFocus' analysis, True PCL stock appears to be overvalued.
The current stock price of €0.29 is trading 10.8% above its estimated GF Value™ of €0.26.
Key valuation signals for FRA:TAF0:
Net Margin %: 14.20% (3450% above median its 10-year median of 0.40)
GF Value™: €0.26 vs. price of €0.29 (10.8% above fair value)
Industry Position: 160.3% above the Telecommunication Services median (#151 of 368)
No single metric tells the full story. See the FRA:TAF0 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
True Corp PCL is a triple-play telecommunications company. It operates through three business segments: Mobile, Pay TV, Broadband internet and others. The majority of revenue is derived from Mobile segment, the company's mobile services product offering. The majority of the company's customer base in its mobile services division is considered prepaid. Broadband internet and other generated revenue internet services are recognized when rendering the service to subscribers. Pay TV generates revenues from monthly subscription fees recognized in the month in which the service is provided, commencing from the completion of installation. It operates in a single geographical area, which is Thailand.
48GF Score
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