Telemasters HoldingsJSE:TLM 64 Pretax Margin % is 3.84% as of Dec. 2025, which is 405% above its 10-year median of 0.76. GuruFocus rates JSE:TLM with a GF Score™ of 64/100 and a GF Value™ of R1.10 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 365 Telecommunication Services companies, Telemasters Holdings ranks worse than 68.77% on this metric.
The historical rank and industry rank for Telemasters Holdings's Pretax Margin % or its related term are showing as below:
JSE:TLM'
s Pretax Margin % Range Over the Past 10 Years
Min: -7.4 Med: 0.76 Max: 3.64
Current: 1.79
JSE:TLM's Pretax Margin % is ranked worse than 68.77% of 365
companies
in the Telecommunication Services industry
Industry Median: 7.63
vs JSE:TLM: 1.79
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.
Telemasters Holdings Pretax Margin % Related Terms
Telemasters Holdings Pretax Margin % Historical Data
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The historical data trend for Telemasters Holdings'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.
JSE:TLM vs TMUS, VZ, T: Pretax Margin % Comparison
For the Telecom Services subindustry, Telemasters Holdings'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.
Telemasters Holdings Pretax Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Telemasters Holdings's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Telemasters Holdings'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.
Telemasters Holdings (JSE:TLM) has a Pretax Margin % of 3.84% as of Dec. 2025. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Telemasters Holdings and its competitors. This is 405% above median its historical median of 0.76. According to the industry distribution chart, Telemasters Holdings ranks #251 out of 365 companies in the Telecommunication Services industry, placing it in the top 68.8%.
Is Telemasters Holdings' Pretax Margin % too high?
Telemasters Holdings' current Pretax Margin % of 3.84% is 405% above median its 10-year median of 0.76. The Telecommunication Services industry median Pretax Margin % is 7.63. Telemasters Holdings' value of 3.84% is 49.7% below this industry median. Based on the distribution chart, Telemasters Holdings ranks #251 out of 365 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telemasters Holdings has a GF Score™ of 64/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telemasters Holdings' Pretax Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telemasters Holdings ranks #251 out of 365 companies for Pretax Margin %. This places Telemasters Holdings in the lower half of its industry. The industry median Pretax Margin % is 7.63. Telemasters Holdings' value of 3.84% is 49.7% below this benchmark. While the company's 10-year median is 0.76 vs. the industry median of 7.63, Telemasters Holdings 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 7.63, based on 365 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. Telemasters Holdings's current Pretax Margin % of 3.84% is 49.7% 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 Telemasters Holdings and its competitors. For the Telecommunication Services industry, the median Pretax Margin % is 7.63 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Telemasters Holdings's current Pretax Margin % is 3.84%, which is 405% above median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telemasters Holdings stock overvalued right now?
Based on GuruFocus' analysis, Telemasters Holdings (JSE:TLM) is currently considered Modestly Overvalued. The stock's GF Value™ is R1.10, compared to a current price of R1.30 — trading 18.2% above its estimated fair value. The current Pretax Margin % is 3.84%, which is 405% above median its 10-year median of 0.76 and 49.7% below the Telecommunication Services industry median of 7.63. Telemasters Holdings' overall GF Score™ is 64/100 with 3 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 Telemasters Holdings (JSE:TLM), the current Pretax Margin % is 3.84% 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 Telemasters Holdings (JSE:TLM) Overvalued in 2026?
Based on GuruFocus' analysis, Telemasters Holdings stock appears to be overvalued.
The current stock price of R1.30 is trading 18.2% above its estimated GF Value™ of R1.10.
GuruFocus considers Telemasters Holdings to be Modestly Overvalued.
Key valuation signals for JSE:TLM:
Pretax Margin %: 3.84% (405% above median its 10-year median of 0.76)
GF Value™: R1.10 vs. price of R1.30 (18.2% above fair value)
Industry Position: 49.7% below the Telecommunication Services median (#251 of 365)
No single metric tells the full story. See the JSE:TLM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telemasters Holdings Ltd is a diversified technology investment company. It provides comprehensive telecommunications services including internet connectivity, cloud solutions, and data storage tailored for businesses across South Africa. The company's reporting segments are: ICT Managed Solutions, Data Centre Services and Corporate. It generates the majority of revenue from the ICT Managed Solutions segment, which provides i) ICT managed solutions to medium and small enterprises through a comprehensive suite of products and services focused on digital connectivity and ii) Data Centre Services.
64GF Score
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