TCMFF (Telecom Argentina) ROE %: 34.63% (As of Mar. 2026) — 2092% Above Median


TCMFF Telecom Argentina SA TCMFF
87 GF Score
Price $2.40
GF Value $1.42
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Telecom Argentina ROE %?

Telecom Argentina TCMFF +37.14% 87 ROE % is 34.63% as of Mar. 2026, which is 2092% above its 10-year median of 1.58. GuruFocus rates TCMFF with a GF Score™ of 87/100 and a GF Value™ of $1.42 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 349 Telecommunication Services companies, Telecom Argentina ranks worse than 57.02% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Telecom Argentina's annualized net income for the quarter that ended in Mar. 2026 was $1,821 Mil. Telecom Argentina's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $5,259 Mil. Therefore, Telecom Argentina's annualized ROE % for the quarter that ended in Mar. 2026 was 34.63%.

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

TCMFF' s ROE % Range Over the Past 10 Years
Min: -79.75   Med: 1.58   Max: 57.25
Current: 5.61

During the past 13 years, Telecom Argentina's highest ROE % was 57.25%. The lowest was -79.75%. And the median was 1.58%.

TCMFF's ROE % is ranked worse than
57.02% of 349 companies
in the Telecommunication Services industry
Industry Median: 7.41 vs TCMFF: 5.61

Telecom Argentina  (OTCPK:TCMFF) 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:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1821.376/5258.7825
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1821.376 / 6744.7)*(6744.7 / 12261.0945)*(12261.0945 / 5258.7825)
=Net Margin %*Asset Turnover*Equity Multiplier
=27 %*0.5501*2.3315
=ROA %*Equity Multiplier
=14.85 %*2.3315
=34.63 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1821.376/5258.7825
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1821.376 / 2756.716) * (2756.716 / 2356.524) * (2356.524 / 6744.7) * (6744.7 / 12261.0945) * (12261.0945 / 5258.7825)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.6607 * 1.1698 * 34.94 % * 0.5501 * 2.3315
=34.63 %

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.


Telecom Argentina ROE % Related Terms


Telecom Argentina ROE % Historical Data

* Premium members only.

The historical data trend for Telecom Argentina'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.

Telecom Argentina ROE % Chart

Telecom Argentina Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 -66.63 -14.68 13.09 -1.99

Telecom Argentina Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % 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 6.97 -11.03 -11.82 6.94 34.63

TCMFF vs TMUS, VZ, T: ROE % Comparison

For the Telecom Services subindustry, Telecom Argentina'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.


Telecom Argentina ROE % vs Telecommunication Services Industry

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

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


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

Telecom Argentina's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=-117.125/( (7065.855+4728.842)/ 2 )
=-117.125/5897.3485
=-1.99 %

Telecom Argentina's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1821.376/( (4728.842+5788.723)/ 2 )
=1821.376/5258.7825
=34.63 %

* 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.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 34.63% mean?
Telecom Argentina (TCMFF) has a ROE % of 34.63% 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 Telecom Argentina and its competitors. This is 2092% above median its historical median of 1.58. According to the industry distribution chart, Telecom Argentina ranks #199 out of 349 companies in the Telecommunication Services industry, placing it in the top 57%.
Is Telecom Argentina's ROE % too high?
Telecom Argentina's current ROE % of 34.63% is 2092% above median its 10-year median of 1.58. The Telecommunication Services industry median ROE % is 7.41. Telecom Argentina's value of 34.63% is 367.3% above this industry median. Based on the distribution chart, Telecom Argentina ranks #199 out of 349 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 Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Telecom Argentina's ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Telecom Argentina ranks #199 out of 349 companies for ROE %. This places Telecom Argentina in the lower half of its industry. The industry median ROE % is 7.41. Telecom Argentina's value of 34.63% is 367.3% above this benchmark. While the company's 10-year median is 1.58 vs. the industry median of 7.41, 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 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. Telecom Argentina's current ROE % of 34.63% is 367.3% 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 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 Telecom Argentina 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. Telecom Argentina's current ROE % is 34.63%, which is 2092% above median its own 10-year median of 1.58. 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 Significantly Overvalued. The stock's GF Value™ is $1.42, compared to a current price of $2.40 — trading 69% above its estimated fair value. The current ROE % is 34.63%, which is 2092% above median its 10-year median of 1.58 and 367.3% above the Telecommunication Services industry median of 7.41. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Telecom Argentina (TCMFF), the current ROE % is 34.63% 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 69% above its estimated GF Value™ of $1.42. GuruFocus considers Telecom Argentina to be Significantly Overvalued.

Key valuation signals for TCMFF:

  • ROE %: 34.63% (2092% above median its 10-year median of 1.58)
  • GF Value™: $1.42 vs. price of $2.40 (69% above fair value)
  • GF Score™: 87/100 with 6 warning signs
  • Industry Position: 367.3% above the Telecommunication Services median (#199 of 349)

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

Get the complete analysis for TCMFF

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

$2.40
Price
$1.42
GF Value