Makedonski Telekom AD (XMAE:TEL) Revenue: MKD12,760 Mil (TTM As of Mar. 2026)

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.

XMAE:TEL Makedonski Telekom AD XMAE:TEL
89 GF Score
Price MKD496.00
GF Value MKD448.94
Valuation Fairly Valued
! 7 Warning Signs
View Full Analysis

What is Makedonski Telekom AD Revenue?

Makedonski Telekom AD XMAE:TEL -2.55% 89 Revenue is MKD12,760 Mil as of Mar. 2026. GuruFocus rates XMAE:TEL with a GF Score™ of 89/100 and a GF Value™ of MKD448.94 (Fairly Valued). The stock has 7 warning signs investors should review.

Makedonski Telekom AD's revenue for the three months ended in Mar. 2026 was MKD3,114 Mil. Its revenue for the trailing twelve months (TTM) ended in Mar. 2026 was MKD12,760 Mil. Makedonski Telekom AD's Revenue per Share for the three months ended in Mar. 2026 was MKD36.10. Its Revenue per Share for the trailing twelve months (TTM) ended in Mar. 2026 was MKD147.94.

Good Sign:

Makedonski Telekom AD has shown predictable revenue and earnings growth.

During the past 12 months, the average Revenue per Share Growth Rate of Makedonski Telekom AD was 5.10% per year. During the past 3 years, the average Revenue per Share Growth Rate was 2.30% per year. During the past 5 years, the average Revenue per Share Growth Rate was 2.60% per year. During the past 10 years, the average Revenue per Share Growth Rate was 1.90% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get other companies' revenue growth rate using Revenue per Share data.

During the past 13 years, Makedonski Telekom AD's highest 3-Year average Revenue per Share Growth Rate was 2.80% per year. The lowest was -10.80% per year. And the median was 0.35% per year.


Makedonski Telekom AD  (XMAE:TEL) Revenue Explanation

In ranking the predictability, companies with more consistent revenue and earnings growth are ranked high with predictability.

Peter Lynch categorized companies according to their revenue growth:


Slow Grower: Inflation < 10-Year Revenue Growth Rate < 10%:
Stalwart: 10% < 10-Year Revenue Growth Rate < 20%:
Fast Grower: 10-Year Revenue Growth Rate > 20%:

His favorite companies are stalwart, those growing between 10-20% a year.

Companies in cyclical industries may see their revenue fluctuate wildly in good years and bad years.


Be Aware

Revenue can be manipulated by changing the way how revenue is booked. Companies may book sales before the payment is received, or before the revenue is fully earned. These will be added to balance sheet items such as account payable or account receivables.


Makedonski Telekom AD Revenue Related Terms


Makedonski Telekom AD Revenue Historical Data

* Premium members only.

The historical data trend for Makedonski Telekom AD's Revenue 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.

Makedonski Telekom AD Revenue Chart

Makedonski Telekom AD Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,195.04 11,767.55 11,975.35 12,161.02 12,589.81

Makedonski Telekom AD Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Revenue 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 2,943.02 3,057.99 3,196.89 3,391.91 3,113.70

XMAE:TEL vs VZ, TMUS, T: Revenue Comparison

For the Telecom Services subindustry, Makedonski Telekom AD's Revenue, along with its competitors' market caps and Revenue 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 Revenue vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Makedonski Telekom AD's Revenue distribution charts can be found below:

* The bar in red indicates where Makedonski Telekom AD's Revenue falls into.


XMAE:TEL
89GF Score
Makedonski Telekom AD XMAE:TEL
Revenue is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Makedonski Telekom AD Revenue Calculation

Also referred as sales, revenue is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Revenue is often referred to as the "top line" due to its position on the income statement at the very top.

Revenue for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MKD12,760 Mil.

* 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 Revenue →
What does a Revenue of MKD12,760 Mil mean?
Makedonski Telekom AD (XMAE:TEL) has a Revenue of MKD12,760 Mil as of Mar. 2026. Revenue is the total amount a company generates as sales through its operations. View historical data on Makedonski Telekom AD and its competitors.
Is Makedonski Telekom AD's Revenue too high?
Makedonski Telekom AD's current Revenue is MKD12,760 Mil. Overall, Makedonski Telekom AD has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Makedonski Telekom AD's Revenue compare to VZ and TMUS?
Makedonski Telekom AD's Revenue of MKD12,760 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Revenue for a Telecommunication Services company?
A good Revenue depends on the Telecommunication Services industry context. However, Revenue 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 Revenue mean?
A high Revenue can signal that a stock is expensive relative to its fundamentals. Revenue is the total amount a company generates as sales through its operations. View historical data on Makedonski Telekom AD and its competitors. Makedonski Telekom AD's current Revenue is MKD12,760 Mil. 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 Fairly Valued. The stock's GF Value™ is MKD448.94, compared to a current price of MKD496.00 — trading 10.5% above its estimated fair value. The current Revenue is MKD12,760 Mil. Makedonski Telekom AD's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Revenue calculated?
Revenue is calculated from a company's financial statements. For Makedonski Telekom AD (XMAE:TEL), the current Revenue is MKD12,760 Mil 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 MKD496.00 is trading 10.5% above its estimated GF Value™ of MKD448.94. GuruFocus considers Makedonski Telekom AD to be Fairly Valued.

Key valuation signals for XMAE:TEL:

  • Revenue: MKD12,760 Mil
  • GF Value™: MKD448.94 vs. price of MKD496.00 (10.5% above fair value)
  • GF Score™: 89/100 with 7 warning signs

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 Business Description

Address Kej 13 Noemvri No. 6, Skopje, MKD, 1000
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.
89GF Score

Get the complete analysis for XMAE:TEL

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

MKD496.00
Price
MKD448.94
GF Value