TELUSFRA:BCZ +1.11%60 Pretax Margin % is 3.99% as of Mar. 2026, which is 69% below its 10-year median of 12.88. GuruFocus rates FRA:BCZ with a GF Score™ of 60/100 and a GF Value™ of €13.63 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 368 Telecommunication Services companies, TELUS ranks worse than 57.88% on this metric.
Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. TELUS's Pre-Tax Income for the
three
months ended in Mar. 2026 was €125 Mil. TELUS's Revenue for the
three
months ended in Mar. 2026 was €3,145 Mil. Therefore, TELUS's pretax margin for the quarter that ended in Mar. 2026 was 3.99%.
The historical rank and industry rank for TELUS's Pretax Margin % or its related term are showing as below:
FRA:BCZ'
s Pretax Margin % Range Over the Past 10 Years
Min: 4.89 Med: 12.88 Max: 16.29
Current: 4.89
FRA:BCZ's Pretax Margin % is ranked worse than 57.88% of 368
companies
in the Telecommunication Services industry
Industry Median: 7.64
vs FRA:BCZ: 4.89
TELUS (FRA:BCZ) Pretax Margin % Explanation
The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.
The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.
It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.
The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.
TELUS Pretax Margin % Related Terms
TELUS Pretax Margin % Historical Data
* Premium members only.
The historical data trend for TELUS's Pretax 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.
FRA:BCZ vs TMUS, VZ, T: Pretax Margin % Comparison
For the Telecom Services subindustry, TELUS's Pretax Margin %, along with its competitors' market caps and Pretax 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.
TELUS Pretax Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TELUS's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where TELUS's Pretax 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.
TELUS (FRA:BCZ) has a Pretax Margin % of 3.99% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TELUS and its competitors. This is 69% below median its historical median of 12.88. Over the past decade, TELUS's Pretax Margin % has ranged from 4.89 to 16.29. According to the industry distribution chart, TELUS ranks #213 out of 368 companies in the Telecommunication Services industry, placing it in the top 57.9%.
Is TELUS's Pretax Margin % too high?
TELUS's current Pretax Margin % of 3.99% is 69% below median its 10-year median of 12.88. Over the past 10 years, this metric has ranged from a low of 4.89 to a high of 16.29. The Telecommunication Services industry median Pretax Margin % is 7.64. TELUS's value of 3.99% is 47.8% below this industry median. Based on the distribution chart, TELUS ranks #213 out of 368 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, TELUS has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does TELUS's Pretax Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TELUS ranks #213 out of 368 companies for Pretax Margin %. This places TELUS in the lower half of its industry. The industry median Pretax Margin % is 7.64. TELUS's value of 3.99% is 47.8% below this benchmark. Historically, TELUS's own Pretax Margin % has ranged from 4.89 to 16.29 over the past decade. While the company's 10-year median is 12.88 vs. the industry median of 7.64, TELUS has consistently been below 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 Pretax Margin % for a Telecommunication Services company?
The median Pretax Margin % among Telecommunication Services companies is 7.64, based on 368 companies in the industry. Companies in the top quartile (top 25%) have a Pretax Margin % significantly above this median, while those in the bottom quartile fall well below. However, Pretax Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TELUS's current Pretax Margin % of 3.99% is 47.8% below 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 Pretax Margin % mean?
A high Pretax Margin % can signal that a stock is expensive relative to its fundamentals. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on TELUS and its competitors. For the Telecommunication Services industry, the median Pretax Margin % is 7.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TELUS's current Pretax Margin % is 3.99%, which is 69% below median its own 10-year median of 12.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TELUS stock overvalued right now?
Based on GuruFocus' analysis, TELUS (FRA:BCZ) is currently considered Modestly Undervalued. The stock's GF Value™ is €13.63, compared to a current price of €10.01 — trading 26.6% below its estimated fair value. The current Pretax Margin % is 3.99%, which is 69% below median its 10-year median of 12.88 and 47.8% below the Telecommunication Services industry median of 7.64. TELUS's overall GF Score™ is 60/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Pretax Margin % calculated?
Pretax Margin % is calculated from a company's financial statements. For TELUS (FRA:BCZ), the current Pretax Margin % is 3.99% 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 TELUS (FRA:BCZ) Overvalued in 2026?
Based on GuruFocus' analysis, TELUS stock appears to be undervalued.
The current stock price of €10.01 is trading 26.6% below its estimated GF Value™ of €13.63.
GuruFocus considers TELUS to be Modestly Undervalued.
Key valuation signals for FRA:BCZ:
Pretax Margin %: 3.99% (69% below median its 10-year median of 12.88)
GF Value™: €13.63 vs. price of €10.01 (26.6% below fair value)
Industry Position: 47.8% below the Telecommunication Services median (#213 of 368)
No single metric tells the full story. See the FRA:BCZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting almost 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.
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