Kazakhtelecom JSC (FRA:KZTA) Pretax Margin %: -8.98% (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:KZTA Kazakhtelecom JSC FRA:KZTA
76 GF Score
Price €2.12
GF Value €3.11
Valuation Possible Value Trap
! 13 Warning Signs
View Full Analysis

What is Kazakhtelecom JSC Pretax Margin %?

Kazakhtelecom JSC FRA:KZTA -18.46% 76 Pretax Margin % is -8.98% as of Dec. 2025. GuruFocus rates FRA:KZTA with a GF Score™ of 76/100 and a GF Value™ of €3.11 (Possible Value Trap). The stock has 13 warning signs investors should review. Among 364 Telecommunication Services companies, Kazakhtelecom JSC ranks better than 92.31% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kazakhtelecom JSC's Pre-Tax Income for the three months ended in Dec. 2025 was €-24.6 Mil. Kazakhtelecom JSC's Revenue for the three months ended in Dec. 2025 was €273.9 Mil. Therefore, Kazakhtelecom JSC's pretax margin for the quarter that ended in Dec. 2025 was -8.98%.

The historical rank and industry rank for Kazakhtelecom JSC's Pretax Margin % or its related term are showing as below:

FRA:KZTA' s Pretax Margin % Range Over the Past 10 Years
Min: 6.65   Med: 16.4   Max: 32.65
Current: 32.65


FRA:KZTA's Pretax Margin % is ranked better than
92.31% of 364 companies
in the Telecommunication Services industry
Industry Median: 7.6 vs FRA:KZTA: 32.65

Kazakhtelecom JSC  (FRA:KZTA) 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.


Kazakhtelecom JSC Pretax Margin % Related Terms


Kazakhtelecom JSC Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Kazakhtelecom JSC'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.

Kazakhtelecom JSC Pretax Margin % Chart

Kazakhtelecom JSC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Pretax Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.14 26.45 10.67 6.65 8.86

Kazakhtelecom JSC Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 11.69 99.34 25.32 23.64 -8.98

FRA:KZTA vs VZ, TMUS, T: Pretax Margin % Comparison

For the Telecom Services subindustry, Kazakhtelecom JSC'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.


Kazakhtelecom JSC Pretax Margin % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Kazakhtelecom JSC's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where Kazakhtelecom JSC's Pretax Margin % falls into.


FRA:KZTA
76GF Score
Kazakhtelecom JSC FRA:KZTA
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kazakhtelecom JSC Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

Kazakhtelecom JSC's Pretax Margin for the fiscal year that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=86.296/974.16
=8.86 %

Kazakhtelecom JSC's Pretax Margin for the quarter that ended in Dec. 2025 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2025 )/Revenue (Q: Dec. 2025 )
=-24.6/273.937
=-8.98 %

* 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.

Frequently Asked Questions Learn more about Pretax Margin % →
What does a Pretax Margin % of -8.98% mean?
Kazakhtelecom JSC (FRA:KZTA) has a Pretax Margin % of -8.98% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kazakhtelecom JSC and its competitors. Over the past decade, Kazakhtelecom JSC's Pretax Margin % has ranged from 6.65 to 32.65. According to the industry distribution chart, Kazakhtelecom JSC ranks #28 out of 364 companies in the Telecommunication Services industry, placing it in the top 7.7%.
Is Kazakhtelecom JSC's Pretax Margin % too high?
Kazakhtelecom JSC's current Pretax Margin % is -8.98%. Over the past 10 years, this metric has ranged from a low of 6.65 to a high of 32.65. Based on the distribution chart, Kazakhtelecom JSC ranks #28 out of 364 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Kazakhtelecom JSC has a GF Score™ of 76/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kazakhtelecom JSC's Pretax Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Kazakhtelecom JSC ranks #28 out of 364 companies for Pretax Margin %. This places Kazakhtelecom JSC in the top 8% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 7.60. Historically, Kazakhtelecom JSC's own Pretax Margin % has ranged from 6.65 to 32.65 over the past decade. 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 7.60, based on 364 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. 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 Kazakhtelecom JSC and its competitors. For the Telecommunication Services industry, the median Pretax Margin % is 7.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kazakhtelecom JSC's current Pretax Margin % is -8.98%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kazakhtelecom JSC stock overvalued right now?
Based on GuruFocus' analysis, Kazakhtelecom JSC (FRA:KZTA) is currently considered Possible Value Trap. The stock's GF Value™ is €3.11, compared to a current price of €2.12 — trading 31.8% below its estimated fair value. The current Pretax Margin % is -8.98%. Kazakhtelecom JSC's overall GF Score™ is 76/100 with 13 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 Kazakhtelecom JSC (FRA:KZTA), the current Pretax Margin % is -8.98% 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 Kazakhtelecom JSC (FRA:KZTA) Overvalued in 2026?

Based on GuruFocus' analysis, Kazakhtelecom JSC stock appears to be undervalued. The current stock price of €2.12 is trading 31.8% below its estimated GF Value™ of €3.11. GuruFocus considers Kazakhtelecom JSC to be Possible Value Trap.

Key valuation signals for FRA:KZTA:

  • Pretax Margin %: -8.98%
  • GF Value™: €3.11 vs. price of €2.12 (31.8% below fair value)
  • GF Score™: 76/100 with 13 warning signs

No single metric tells the full story. See the FRA:KZTA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kazakhtelecom JSC Business Description

Address 12, Sauran Street, Essil District, Nur-Sultan, KAZ, 010000
Kazakhtelecom JSC is engaged in providing telecommunication services. The company offers fixed line and mobile telecommunication services which include local, long-distance intercity, and international telecommunication services including CIS and non-CIS countries. In addition, it also provides rent of channels, data transfer services, and wireless communication services. The group operating segments include Fixed lines; Mobile telecommunication services in GSM and LTE standards and others. It generates maximum revenue from Mobile telecommunication services in GSM and LTE standards segment.
76GF Score

Get the complete analysis for FRA:KZTA

Pretax Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€2.12
Price
€3.11
GF Value