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Makedonski Telekom ADXMAE:TEL 73 Pretax Margin % is 19.77% as of Mar. 2026, which is 24% above its 10-year median of 15.92. GuruFocus rates XMAE:TEL with a GF Score™ of 73/100 and a GF Value™ of MKD432.95 (Modestly Overvalued). The stock has 6 warning signs investors should review. Among 364 Telecommunication Services companies, Makedonski Telekom AD ranks better than 85.44% on this metric.
The historical rank and industry rank for Makedonski Telekom AD's Pretax Margin % or its related term are showing as below:
XMAE:TEL'
s Pretax Margin % Range Over the Past 10 Years
Min: 11.59 Med: 15.92 Max: 22.72
Current: 22.72
XMAE:TEL's Pretax Margin % is ranked better than 85.44% of 364
companies
in the Telecommunication Services industry
Industry Median: 7.6
vs XMAE:TEL: 22.72
Makedonski Telekom AD (XMAE:TEL) 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.
Makedonski Telekom AD Pretax Margin % Related Terms
Makedonski Telekom AD Pretax Margin % Historical Data
* Premium members only.
The historical data trend for Makedonski Telekom AD'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.
XMAE:TEL vs VZ, TMUS, T: Pretax Margin % Comparison
For the Telecom Services subindustry, Makedonski Telekom AD'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.
Makedonski Telekom AD Pretax Margin % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Makedonski Telekom AD's Pretax Margin % distribution charts can be found below:
* The bar in red indicates where Makedonski Telekom AD'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.
Makedonski Telekom AD (XMAE:TEL) has a Pretax Margin % of 19.77% as of Mar. 2026. Pre-Tax margin is the ratio of total pre-tax income to net sales. View historical data on Makedonski Telekom AD and its competitors. This is 24% above median its historical median of 15.92. Over the past decade, Makedonski Telekom AD's Pretax Margin % has ranged from 11.59 to 22.72. According to the industry distribution chart, Makedonski Telekom AD ranks #53 out of 364 companies in the Telecommunication Services industry, placing it in the top 14.6%.
Is Makedonski Telekom AD's Pretax Margin % too high?
Makedonski Telekom AD's current Pretax Margin % of 19.77% is 24% above median its 10-year median of 15.92. Over the past 10 years, this metric has ranged from a low of 11.59 to a high of 22.72. The Telecommunication Services industry median Pretax Margin % is 7.60. Makedonski Telekom AD's value of 19.77% is 160.1% above this industry median. Based on the distribution chart, Makedonski Telekom AD ranks #53 out of 364 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, Makedonski Telekom AD has a GF Score™ of 73/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Makedonski Telekom AD's Pretax Margin % compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, Makedonski Telekom AD ranks #53 out of 364 companies for Pretax Margin %. This places Makedonski Telekom AD in the top 15% of its industry — outperforming the majority of peers. The industry median Pretax Margin % is 7.60. Makedonski Telekom AD's value of 19.77% is 160.1% above this benchmark. Historically, Makedonski Telekom AD's own Pretax Margin % has ranged from 11.59 to 22.72 over the past decade. While the company's 10-year median is 15.92 vs. the industry median of 7.60, Makedonski Telekom AD 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. Makedonski Telekom AD's current Pretax Margin % of 19.77% is 160.1% 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 Makedonski Telekom AD 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. Makedonski Telekom AD's current Pretax Margin % is 19.77%, which is 24% above median its own 10-year median of 15.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Makedonski Telekom AD stock overvalued right now?
Based on GuruFocus' analysis, Makedonski Telekom AD (XMAE:TEL) is currently considered Modestly Overvalued. The stock's GF Value™ is MKD432.95, compared to a current price of MKD495.00 — trading 14.3% above its estimated fair value. The current Pretax Margin % is 19.77%, which is 24% above median its 10-year median of 15.92 and 160.1% above the Telecommunication Services industry median of 7.60. Makedonski Telekom AD's overall GF Score™ is 73/100 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 Makedonski Telekom AD (XMAE:TEL), the current Pretax Margin % is 19.77% 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 Makedonski Telekom AD (XMAE:TEL) Overvalued in 2026?
Based on GuruFocus' analysis, Makedonski Telekom AD stock appears to be overvalued.
The current stock price of MKD495.00 is trading 14.3% above its estimated GF Value™ of MKD432.95.
GuruFocus considers Makedonski Telekom AD to be Modestly Overvalued.
Key valuation signals for XMAE:TEL:
Pretax Margin %: 19.77% (24% above median its 10-year median of 15.92)
GF Value™: MKD432.95 vs. price of MKD495.00 (14.3% above fair value)
Industry Position: 160.1% above the Telecommunication Services median (#53 of 364)
No single metric tells the full story. See the XMAE:TEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Makedonski Telekom AD offers telecommunications services. Its services include telephone services, internet access services including broadband internet and entertainment IPTV products. The company offers a portfolio for residential and business customers, provided from a single source and focuses on Cloud and ICT solutions in order to provide the best customer experience.
73GF Score
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