TCMFF (Telecom Argentina) Pretax Margin %: 40.87% (As of Mar. 2026) — 1271% Above Median


TCMFF Telecom Argentina SA TCMFF
87 GF Score
Price $2.40
GF Value $1.98
Valuation Modestly Overvalued
! 6 Warning Signs
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What is Telecom Argentina Pretax Margin %?

Telecom Argentina TCMFF +37.14% 87 Pretax Margin % is 40.87% as of Mar. 2026, which is 1271% above its 10-year median of 2.98. GuruFocus rates TCMFF with a GF Score™ of 87/100 and a GF Value™ of $1.98 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 368 Telecommunication Services companies, Telecom Argentina ranks worse than 55.16% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Telecom Argentina's Pre-Tax Income for the three months ended in Mar. 2026 was $689 Mil. Telecom Argentina's Revenue for the three months ended in Mar. 2026 was $1,686 Mil. Therefore, Telecom Argentina's pretax margin for the quarter that ended in Mar. 2026 was 40.87%.

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

TCMFF' s Pretax Margin % Range Over the Past 10 Years
Min: -31.84   Med: 2.98   Max: 34.86
Current: 6.07


TCMFF's Pretax Margin % is ranked worse than
55.16% of 368 companies
in the Telecommunication Services industry
Industry Median: 7.64 vs TCMFF: 6.07

Telecom Argentina  (OTCPK:TCMFF) 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.


Telecom Argentina Pretax Margin % Related Terms


Telecom Argentina Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Telecom Argentina'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.

Telecom Argentina Pretax Margin % Chart

Telecom Argentina 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 10.17 -31.84 -28.55 34.86 -2.30

Telecom Argentina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 15.63 -13.96 -14.21 5.37 40.87

TCMFF vs TMUS, VZ, T: Pretax Margin % Comparison

For the Telecom Services subindustry, Telecom Argentina'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.


Telecom Argentina Pretax Margin % vs Telecommunication Services Industry

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

* The bar in red indicates where Telecom Argentina's Pretax Margin % falls into.


TCMFF
87GF Score
Telecom Argentina SA TCMFF
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Telecom Argentina 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.

Telecom Argentina'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 )
=-132.096/5738.118
=-2.30 %

Telecom Argentina's Pretax Margin for the quarter that ended in Mar. 2026 is calculated as

Pretax Margin=Pre-Tax Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=689.179/1686.175
=40.87 %

* 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 40.87% mean?
Telecom Argentina (TCMFF) has a Pretax Margin % of 40.87% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Telecom Argentina and its competitors. This is 1271% above median its historical median of 2.98. According to the industry distribution chart, Telecom Argentina ranks #203 out of 368 companies in the Telecommunication Services industry, placing it in the top 55.2%.
Is Telecom Argentina's Pretax Margin % too high?
Telecom Argentina's current Pretax Margin % of 40.87% is 1271% above median its 10-year median of 2.98. The Telecommunication Services industry median Pretax Margin % is 7.64. Telecom Argentina's value of 40.87% is 434.9% above this industry median. Based on the distribution chart, Telecom Argentina ranks #203 out of 368 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, Telecom Argentina has a GF Score™ of 87/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's Pretax Margin % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telecom Argentina ranks #203 out of 368 companies for Pretax Margin %. This places Telecom Argentina in the lower half of its industry. The industry median Pretax Margin % is 7.64. Telecom Argentina's value of 40.87% is 434.9% above this benchmark. While the company's 10-year median is 2.98 vs. the industry median of 7.64, Telecom Argentina 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 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. Telecom Argentina's current Pretax Margin % of 40.87% is 434.9% 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 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 Telecom Argentina 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. Telecom Argentina's current Pretax Margin % is 40.87%, which is 1271% above median its own 10-year median of 2.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Telecom Argentina stock overvalued right now?
Based on GuruFocus' analysis, Telecom Argentina (TCMFF) is currently considered Modestly Overvalued. The stock's GF Value™ is $1.98, compared to a current price of $2.40 — trading 21.2% above its estimated fair value. The current Pretax Margin % is 40.87%, which is 1271% above median its 10-year median of 2.98 and 434.9% above the Telecommunication Services industry median of 7.64. Telecom Argentina's overall GF Score™ is 87/100 with 6 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 Telecom Argentina (TCMFF), the current Pretax Margin % is 40.87% 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 Telecom Argentina (TCMFF) Overvalued in 2026?

Based on GuruFocus' analysis, Telecom Argentina stock appears to be overvalued. The current stock price of $2.40 is trading 21.2% above its estimated GF Value™ of $1.98. GuruFocus considers Telecom Argentina to be Modestly Overvalued.

Key valuation signals for TCMFF:

  • Pretax Margin %: 40.87% (1271% above median its 10-year median of 2.98)
  • GF Value™: $1.98 vs. price of $2.40 (21.2% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 434.9% above the Telecommunication Services median (#203 of 368)

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


Telecom Argentina Business Description

Address General Hornos 690, Buenos Aires, ARG, C1272ACK
Telecom Argentina SA offers its customers quadruple play services, combining mobile telephony services, cable television services, Internet services and fixed telephony services. It also provides other telephone-related services such as international long-distance and wholesale services, data transmission and IT solutions outsourcing and install, operate and develop cable television and data transmission services. The company operates in segments: ICT Services provided in Argentina: Personal Network; ICT Services provided in Argentina - TMA Network; and Other segments..
87GF Score

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

$2.40
Price
$1.98
GF Value