Kcell JSC (XKAZ:KCEL) Pretax Margin %: 9.82% (As of Mar. 2026) — 30% Below Median

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XKAZ:KCEL Kcell JSC XKAZ:KCEL
57 GF Score
Price ₸3,235.98
GF Value ₸3,651.58
Valuation Modestly Undervalued
! 9 Warning Signs
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What is Kcell JSC Pretax Margin %?

Kcell JSC XKAZ:KCEL +0.22% 57 Pretax Margin % is 9.82% as of Mar. 2026, which is 30% below its 10-year median of 13.94. GuruFocus rates XKAZ:KCEL with a GF Score™ of 57/100 and a GF Value™ of ₸3,651.58 (Modestly Undervalued). The stock has 9 warning signs investors should review. Among 364 Telecommunication Services companies, Kcell JSC ranks better than 55.77% on this metric.

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. Kcell JSC's Pre-Tax Income for the three months ended in Mar. 2026 was ₸6,579 Mil. Kcell JSC's Revenue for the three months ended in Mar. 2026 was ₸67,028 Mil. Therefore, Kcell JSC's pretax margin for the quarter that ended in Mar. 2026 was 9.82%.

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

XKAZ:KCEL' s Pretax Margin % Range Over the Past 10 Years
Min: 6.44   Med: 13.94   Max: 25.21
Current: 9.55


XKAZ:KCEL's Pretax Margin % is ranked better than
55.77% of 364 companies
in the Telecommunication Services industry
Industry Median: 7.6 vs XKAZ:KCEL: 9.55

Kcell JSC  (XKAZ:KCEL) 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.


Kcell JSC Pretax Margin % Related Terms


Kcell JSC Pretax Margin % Historical Data

* Premium members only.

The historical data trend for Kcell 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.

Kcell JSC Pretax Margin % Chart

Kcell 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 22.26 25.21 18.79 6.44 7.91

Kcell JSC 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 2.76 9.37 21.34 -1.96 9.82

XKAZ:KCEL vs VZ, TMUS, T: Pretax Margin % Comparison

For the Telecom Services subindustry, Kcell 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.


Kcell JSC Pretax Margin % vs Telecommunication Services Industry

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

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


XKAZ:KCEL
57GF Score
Kcell JSC XKAZ:KCEL
Pretax Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kcell 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.

Kcell 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 )
=20153/254749
=7.91 %

Kcell JSC'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 )
=6579/67028
=9.82 %

* 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 9.82% mean?
Kcell JSC (XKAZ:KCEL) has a Pretax Margin % of 9.82% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Kcell JSC and its competitors. This is 30% below median its historical median of 13.94. Over the past decade, Kcell JSC's Pretax Margin % has ranged from 6.44 to 25.21. According to the industry distribution chart, Kcell JSC ranks #161 out of 364 companies in the Telecommunication Services industry, placing it in the top 44.2%.
Is Kcell JSC's Pretax Margin % too high?
Kcell JSC's current Pretax Margin % of 9.82% is 30% below median its 10-year median of 13.94. Over the past 10 years, this metric has ranged from a low of 6.44 to a high of 25.21. The Telecommunication Services industry median Pretax Margin % is 7.60. Kcell JSC's value of 9.82% is 29.2% above this industry median. Based on the distribution chart, Kcell JSC ranks #161 out of 364 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Kcell JSC has a GF Score™ of 57/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kcell JSC's Pretax Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Kcell JSC ranks #161 out of 364 companies for Pretax Margin %. This puts Kcell JSC in the upper half of its industry. The industry median Pretax Margin % is 7.60. Kcell JSC's value of 9.82% is 29.2% above this benchmark. Historically, Kcell JSC's own Pretax Margin % has ranged from 6.44 to 25.21 over the past decade. While the company's 10-year median is 13.94 vs. the industry median of 7.60, Kcell JSC 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 7.60, 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. Kcell JSC's current Pretax Margin % of 9.82% is 29.2% 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 Kcell 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. Kcell JSC's current Pretax Margin % is 9.82%, which is 30% below median its own 10-year median of 13.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kcell JSC stock overvalued right now?
Based on GuruFocus' analysis, Kcell JSC (XKAZ:KCEL) is currently considered Modestly Undervalued. The stock's GF Value™ is ₸3,651.58, compared to a current price of ₸3,235.98 — trading 11.4% below its estimated fair value. The current Pretax Margin % is 9.82%, which is 30% below median its 10-year median of 13.94 and 29.2% above the Telecommunication Services industry median of 7.60. Kcell JSC's overall GF Score™ is 57/100 with 9 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 Kcell JSC (XKAZ:KCEL), the current Pretax Margin % is 9.82% 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 Kcell JSC (XKAZ:KCEL) Overvalued in 2026?

Based on GuruFocus' analysis, Kcell JSC stock appears to be undervalued. The current stock price of ₸3,235.98 is trading 11.4% below its estimated GF Value™ of ₸3,651.58. GuruFocus considers Kcell JSC to be Modestly Undervalued.

Key valuation signals for XKAZ:KCEL:

  • Pretax Margin %: 9.82% (30% below median its 10-year median of 13.94)
  • GF Value™: ₸3,651.58 vs. price of ₸3,235.98 (11.4% below fair value)
  • GF Score™: 57/100 with 9 warning signs
  • Industry Position: 29.2% above the Telecommunication Services median (#161 of 364)

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


Kcell JSC Business Description

Address Alimzhanova Street, 51, Almaty, KAZ, 050004
Kcell JSC is a Kazakhstan-based company. It is engaged in providing mobile telecommunications services to both individuals and organizations including voice, SMS, MMS and data transmission. It offers Internet access and value-added services, including mobile content. The company is involved in designing, constructing and operating a cellular telecommunications network in the Republic of Kazakhstan using GSM (Global System for Mobile Communications) standard. It operates its business through Kcell which targets the mass market, corporate subscribers, public organizations as well as high-net-worth individuals. The company generates revenue from the sale of voice and other services, data service, handsets, and value-added services.
57GF Score

Get the complete analysis for XKAZ:KCEL

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

₸3,235.98
Price
₸3,651.58
GF Value