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Kcell JSCXKAZ:KCEL +0.22%57 Net Margin % is 6.41% as of Mar. 2026, which is 29% below its 10-year median of 9.00. GuruFocus rates XKAZ:KCEL with a GF Score™ of 57/100 and a GF Value™ of ₸3,651.58 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 364 Telecommunication Services companies, Kcell JSC ranks better than 54.67% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Kcell JSC's Net Income for the
three
months ended in Mar. 2026 was ₸4,294 Mil. Kcell JSC's Revenue for the
three
months ended in Mar. 2026 was ₸67,028 Mil. Therefore, Kcell JSC's net margin for the quarter that ended in Mar. 2026 was 6.41%.
The historical rank and industry rank for Kcell JSC's Net Margin % or its related term are showing as below:
XKAZ:KCEL'
s Net Margin % Range Over the Past 10 Years
Min: 4.31 Med: 9 Max: 18.42
Current: 6.55
XKAZ:KCEL's Net Margin % is ranked better than 54.67% of 364
companies
in the Telecommunication Services industry
Industry Median: 5.495
vs XKAZ:KCEL: 6.55
Kcell JSC (XKAZ:KCEL) 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.
Kcell JSC Net Margin % Related Terms
Kcell JSC Net Margin % Historical Data
* Premium members only.
The historical data trend for Kcell JSC'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, Kcell JSC'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.
Kcell JSC Net Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Kcell JSC's Net Margin % distribution charts can be found below:
* The bar in red indicates where Kcell JSC'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.
Kcell JSC (XKAZ:KCEL) has a Net Margin % of 6.41% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Kcell JSC and its competitors. This is 29% below median its historical median of 9.00. Over the past decade, Kcell JSC's Net Margin % has ranged from 4.31 to 18.42. According to the industry distribution chart, Kcell JSC ranks #165 out of 364 companies in the Telecommunication Services industry, placing it in the top 45.3%.
Is Kcell JSC's Net Margin % too high?
Kcell JSC's current Net Margin % of 6.41% is 29% below median its 10-year median of 9.00. Over the past 10 years, this metric has ranged from a low of 4.31 to a high of 18.42. The Telecommunication Services industry median Net Margin % is 5.50. Kcell JSC's value of 6.41% is 16.7% above this industry median. Based on the distribution chart, Kcell JSC ranks #165 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Kcell JSC has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kcell JSC's Net Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Kcell JSC ranks #165 out of 364 companies for Net Margin %. This puts Kcell JSC in the upper half of its industry. The industry median Net Margin % is 5.50. Kcell JSC's value of 6.41% is 16.7% above this benchmark. Historically, Kcell JSC's own Net Margin % has ranged from 4.31 to 18.42 over the past decade. While the company's 10-year median is 9.00 vs. the industry median of 5.50, Kcell JSC 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 5.50, based on 364 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. Kcell JSC's current Net Margin % of 6.41% 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 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 Kcell JSC and its competitors. For the Telecommunication Services industry, the median Net Margin % is 5.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kcell JSC's current Net Margin % is 6.41%, which is 29% below median its own 10-year median of 9.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kcell JSC stock overvalued right now?
Based on GuruFocus' analysis, Kcell JSC (XKAZ:KCEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₸3,651.58, compared to a current price of ₸3,235.98 — trading 11.4% below its estimated fair value. The current Net Margin % is 6.41%, which is 29% below median its 10-year median of 9.00 and 16.7% above the Telecommunication Services industry median of 5.50. Kcell JSC's overall GF Score™ is 57/100 with 9 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 Kcell JSC (XKAZ:KCEL), the current Net Margin % is 6.41% 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 Kcell JSC (XKAZ:KCEL) Overvalued in 2026?
Based on GuruFocus' analysis, Kcell JSC stock appears to be undervalued.
The current stock price of ₸3,235.98 is trading 11.4% below its estimated GF Value™ of ₸3,651.58.
GuruFocus considers Kcell JSC to be Modestly Undervalued.
Key valuation signals for XKAZ:KCEL:
Net Margin %: 6.41% (29% below median its 10-year median of 9.00)
GF Value™: ₸3,651.58 vs. price of ₸3,235.98 (11.4% below fair value)
Industry Position: 16.7% above the Telecommunication Services median (#165 of 364)
No single metric tells the full story. See the XKAZ:KCEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kcell JSC is a Kazakhstan-based company. It is engaged in providing mobile telecommunications services to both individuals and organizations including voice, SMS, MMS and data transmission. It offers Internet access and value-added services, including mobile content. The company is involved in designing, constructing and operating a cellular telecommunications network in the Republic of Kazakhstan using GSM (Global System for Mobile Communications) standard. It operates its business through Kcell which targets the mass market, corporate subscribers, public organizations as well as high-net-worth individuals. The company generates revenue from the sale of voice and other services, data service, handsets, and value-added services.
57GF Score
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