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Makedonski Telekom ADXMAE:TEL 73 Net Margin % is 9.93% as of Mar. 2026, which is 29% below its 10-year median of 13.98. GuruFocus rates XMAE:TEL with a GF Score™ of 73/100 and a GF Value™ of MKD432.91 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 364 Telecommunication Services companies, Makedonski Telekom AD ranks better than 69.23% on this metric.
The historical rank and industry rank for Makedonski Telekom AD's Net Margin % or its related term are showing as below:
XMAE:TEL'
s Net Margin % Range Over the Past 10 Years
Min: 9.81 Med: 13.98 Max: 18.35
Current: 11.4
XMAE:TEL's Net Margin % is ranked better than 69.23% of 364
companies
in the Telecommunication Services industry
Industry Median: 5.495
vs XMAE:TEL: 11.40
Makedonski Telekom AD (XMAE:TEL) 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.
Makedonski Telekom AD Net Margin % Related Terms
Makedonski Telekom AD Net Margin % Historical Data
* Premium members only.
The historical data trend for Makedonski Telekom AD'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, Makedonski Telekom AD'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.
Makedonski Telekom AD Net Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Makedonski Telekom AD's Net Margin % distribution charts can be found below:
* The bar in red indicates where Makedonski Telekom AD'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.
Makedonski Telekom AD (XMAE:TEL) has a Net Margin % of 9.93% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Makedonski Telekom AD and its competitors. This is 29% below median its historical median of 13.98. Over the past decade, Makedonski Telekom AD's Net Margin % has ranged from 9.81 to 18.35. According to the industry distribution chart, Makedonski Telekom AD ranks #112 out of 364 companies in the Telecommunication Services industry, placing it in the top 30.8%.
Is Makedonski Telekom AD's Net Margin % too high?
Makedonski Telekom AD's current Net Margin % of 9.93% is 29% below median its 10-year median of 13.98. Over the past 10 years, this metric has ranged from a low of 9.81 to a high of 18.35. The Telecommunication Services industry median Net Margin % is 5.50. Makedonski Telekom AD's value of 9.93% is 80.7% above this industry median. Based on the distribution chart, Makedonski Telekom AD ranks #112 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Makedonski Telekom AD has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makedonski Telekom AD's Net Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Makedonski Telekom AD ranks #112 out of 364 companies for Net Margin %. This puts Makedonski Telekom AD in the upper half of its industry. The industry median Net Margin % is 5.50. Makedonski Telekom AD's value of 9.93% is 80.7% above this benchmark. Historically, Makedonski Telekom AD's own Net Margin % has ranged from 9.81 to 18.35 over the past decade. While the company's 10-year median is 13.98 vs. the industry median of 5.50, Makedonski Telekom AD 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. Makedonski Telekom AD's current Net Margin % of 9.93% is 80.7% 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 Makedonski Telekom AD 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. Makedonski Telekom AD's current Net Margin % is 9.93%, which is 29% below median its own 10-year median of 13.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makedonski Telekom AD stock overvalued right now?
Based on GuruFocus' analysis, Makedonski Telekom AD (XMAE:TEL) is currently considered Modestly Overvalued. The stock's GF Value™ is MKD432.91, compared to a current price of MKD495.00 — trading 14.3% above its estimated fair value. The current Net Margin % is 9.93%, which is 29% below median its 10-year median of 13.98 and 80.7% above the Telecommunication Services industry median of 5.50. Makedonski Telekom AD's overall GF Score™ is 73/100 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 Makedonski Telekom AD (XMAE:TEL), the current Net Margin % is 9.93% 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 Makedonski Telekom AD (XMAE:TEL) Overvalued in 2026?
Based on GuruFocus' analysis, Makedonski Telekom AD stock appears to be overvalued.
The current stock price of MKD495.00 is trading 14.3% above its estimated GF Value™ of MKD432.91.
GuruFocus considers Makedonski Telekom AD to be Modestly Overvalued.
Key valuation signals for XMAE:TEL:
Net Margin %: 9.93% (29% below median its 10-year median of 13.98)
GF Value™: MKD432.91 vs. price of MKD495.00 (14.3% above fair value)
Industry Position: 80.7% above the Telecommunication Services median (#112 of 364)
No single metric tells the full story. See the XMAE:TEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makedonski Telekom AD offers telecommunications services. Its services include telephone services, internet access services including broadband internet and entertainment IPTV products. The company offers a portfolio for residential and business customers, provided from a single source and focuses on Cloud and ICT solutions in order to provide the best customer experience.
73GF Score
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