TELUSMEX:TUN 68 ROE % is 3.48% as of Mar. 2026, which is 70% below its 10-year median of 11.44. GuruFocus rates MEX:TUN with a GF Score™ of 68/100 and a GF Value™ of MXN315.68. The stock has 8 warning signs investors should review. Among 349 Telecommunication Services companies, TELUS ranks worse than 56.16% on this metric.
ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. TELUS's annualized net income for the quarter that ended in Mar. 2026 was MXN7,150 Mil. TELUS's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was MXN205,206 Mil. Therefore, TELUS's annualized ROE % for the quarter that ended in Mar. 2026 was 3.48%.
The historical rank and industry rank for TELUS's ROE % or its related term are showing as below:
MEX:TUN'
s ROE % Range Over the Past 10 Years
Min: 5.15 Med: 11.44 Max: 16.92
Current: 5.95
During the past 13 years, TELUS's highest ROE % was 16.92%. The lowest was 5.15%. And the median was 11.44%.
MEX:TUN's ROE % is ranked worse than 56.16% of 349
companies
in the Telecommunication Services industry
Industry Median: 7.41
vs MEX:TUN: 5.95
TELUS (MEX:TUN) ROE % Explanation
ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.
The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:
Note:
The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.
* 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.
Be Aware
Net Income is used.
Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.
Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.
TELUS ROE % Related Terms
TELUS ROE % Historical Data
* Premium members only.
The historical data trend for TELUS's ROE % 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.
For the Telecom Services subindustry, TELUS's ROE %, along with its competitors' market caps and ROE % 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.
TELUS ROE % vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, TELUS's ROE % distribution charts can be found below:
* The bar in red indicates where TELUS's ROE % 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.
In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data,
the net income data used here is four times the quarterly (Mar. 2026) net income data.
ROE % is displayed in the 30-year financial page.
TELUS (MEX:TUN) has a ROE % of 3.48% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TELUS and its competitors. This is 70% below median its historical median of 11.44. Over the past decade, TELUS's ROE % has ranged from 5.15 to 16.92. According to the industry distribution chart, TELUS ranks #196 out of 349 companies in the Telecommunication Services industry, placing it in the top 56.2%.
Is TELUS's ROE % too high?
TELUS's current ROE % of 3.48% is 70% below median its 10-year median of 11.44. Over the past 10 years, this metric has ranged from a low of 5.15 to a high of 16.92. The Telecommunication Services industry median ROE % is 7.41. TELUS's value of 3.48% is 53% below this industry median. Based on the distribution chart, TELUS ranks #196 out of 349 companies in the Telecommunication Services industry, which is below the industry midpoint. Overall, TELUS has a GF Score™ of 68/100, reflecting its overall financial health beyond just this single metric.
How does TELUS's ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, TELUS ranks #196 out of 349 companies for ROE %. This places TELUS in the lower half of its industry. The industry median ROE % is 7.41. TELUS's value of 3.48% is 53% below this benchmark. Historically, TELUS's own ROE % has ranged from 5.15 to 16.92 over the past decade. While the company's 10-year median is 11.44 vs. the industry median of 7.41, TELUS 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 ROE % for a Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.41, based on 349 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TELUS's current ROE % of 3.48% is 53% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on TELUS and its competitors. For the Telecommunication Services industry, the median ROE % is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TELUS's current ROE % is 3.48%, which is 70% below median its own 10-year median of 11.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TELUS stock overvalued right now?
TELUS (MEX:TUN) has a current ROE % of 3.48%. The stock's GF Value™ is MXN315.68, compared to a current price of MXN240.00 — trading 24% below its estimated fair value. The current ROE % is 3.48%, which is 70% below median its 10-year median of 11.44 and 53% below the Telecommunication Services industry median of 7.41. TELUS's overall GF Score™ is 68/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For TELUS (MEX:TUN), the current ROE % is 3.48% 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 TELUS (MEX:TUN) Overvalued in 2026?
Based on GuruFocus' analysis, TELUS stock appears to be undervalued.
The current stock price of MXN240.00 is trading 24% below its estimated GF Value™ of MXN315.68.
Key valuation signals for MEX:TUN:
ROE %: 3.48% (70% below median its 10-year median of 11.44)
GF Value™: MXN315.68 vs. price of MXN240.00 (24% below fair value)
Industry Position: 53% below the Telecommunication Services median (#196 of 349)
No single metric tells the full story. See the MEX:TUN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Telus is one of the Big Three wireless service providers in Canada, with over 10 million mobile phone subscribers nationwide constituting almost 30% of the total market. It is the incumbent local exchange carrier in the western Canadian provinces of British Columbia and Alberta, where it provides internet, television, and landline phone services. It also has a small wireline presence in eastern Quebec. Mostly because of recent acquisitions, more than 20% of Telus' sales now come from nontelecom businesses, most notably in the international business services, health, security, and agriculture industries. The firm has a 55% economic stake in Telus International.
68GF Score
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