# Telecom Argentina S.A. share price today (Telecom Argentina S.A., TEO)

> Telecom Argentina S.A.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. TEO · Communication Services · Telecom Services · data as of 3 November 2026. Page: https://www.sectoralpha.in/us/stocks/teo

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## Key numbers

- Price: $10.40 (−7.6% in a year)
- P/E: 8.7×, against its own history
- Revenue (Jun 2026): ARS 2,558 B
- Profit (Jun 2026): ARS 174 B
- Operating margin: 14.0%
- ROE: −2%, FY25
- ROIC: 4.3%, against a 6.0% cost of capital: −1.7 points
- Profit that came in as cash: 134%, last 2 years

Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. ## What is the Telecom Argentina S.A. share price today? Telecom Argentina S.A.'s share price was $10.40 at the close on 3 November 2026. It has been moving sideways for 2 weeks. That is 17.3% below its average price over the last 200 trading days. In the last 52 weeks it traded between $10 and $15, and at that close it was at the low of that range. Over the past 13 weeks it has done worse than the S&P 500, and it has been behind for 11 weeks running. Over the last 8.8 years the share price moved −73% while the S&P 500 moved +176%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 21 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What dividend does Telecom Argentina S.A. pay? Telecom Argentina S.A. declared ARS 13.63 per local share for Dec 2025. It reports in Argentine pesos, and one US-listed share can stand for several local shares, so we do not set this against the dollar price or show a yield. ## Which stock lists is Telecom Argentina S.A. on? Telecom Argentina S.A. is not in the Nasdaq 100, the S&P 500 or the Dow Jones 30, and is not on the US tech stocks list. ## Is Telecom Argentina S.A. profitable? Telecom Argentina S.A. earned ARS 174 B of net profit in the Jun 2026 quarter. The full FY25 year was a loss of ARS 170 B. That is 6.8% of the quarter's revenue. The same quarter a year earlier earned ARS 147 B. For the full year, FY25 profit was −ARS 170 B (−112.8% on the year before). This company reports in Argentine pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ARS); nothing is converted. ## How much revenue does Telecom Argentina S.A. make, and is it growing? Telecom Argentina S.A. reported ARS 2,558 B of revenue in the Jun 2026 quarter. Over 4 years it has grown 34.0% a year on average. The last full year, FY25, came in at ARS 8,329 B. The quarterly figures for FY22, FY23, FY25 do not add up to the full-year total on file, so those quarters are left out of the charts and sums. FY25 revenue was ARS 8,329 B, +53.0% on the year before. This company reports in Argentine pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ARS); nothing is converted. ## How much of its sales does Telecom Argentina S.A. keep? Telecom Argentina S.A.'s operating margin was 14.0% in the Jun 2026 quarter. Its latest full-year margin is the highest it has ever reported. Across 5 years it has been between −5.1% and 6.6%. The latest quarter is above every full year in that period. Across 5 years it has been between −5.1% and 6.6%, and FY25's 6.6% is the highest of them. Why the margin moved: operating margin changed +17.4 percentage points on the year while gross margin changed +4.0 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. When margins are at a record, every ratio built on profit looks better than usual, so watch whether they hold. ## Is Telecom Argentina S.A.'s profit turning into cash? Over the last 2 years, 134% of Telecom Argentina S.A.'s reported profit came in as cash from its operations, so the profit is backed by cash. In FY25 it brought in ARS 2,386 B of operating cash against −ARS 170 B of profit. After ARS 1,355 B of spending on assets, ARS 1,031 B was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. This company reports in Argentine pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ARS); nothing is converted. ## Where does Telecom Argentina S.A.'s cash go? Telecom Argentina S.A. does not report the customer, stock and supplier day counts a cash cycle needs, so this section looks at its spending on assets instead. It spent ARS 2,569 B on assets over the last 3 years. Averaged over those years that is 10.3% of FY25 revenue a year. Nothing is estimated in place of the missing day counts, so no cash-cycle chart is drawn. Spending on assets: ARS 2,569 B over the last 3 years. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. This company reports in Argentine pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ARS); nothing is converted. ## What is Telecom Argentina S.A.'s P/E ratio, and how does it compare with its own history? Telecom Argentina S.A.'s P/E is 8.7×, with too little history to compare. This compares the share price with the company’s own past. It does not say what the business is worth. In short: there is too little history to say whether the multiple is high or low for this company, so the earnings trend underneath matters more than the multiple. ## Is the Telecom Argentina S.A. business getting better or worse? Telecom Argentina S.A.'s business trend cannot be read yet. There are fewer than eight usable quarters of growth figures, so there is not enough history to read the trend. This is based on 4 quarters of 1 measure, with some gaps. Why it matters: with too little history, we say so rather than guess a direction. The return figures here are yearly, not quarterly. They show level and direction only; they can support the growth lines but never decide the reading alone. There are fewer than eight usable quarters, so this page does not guess a direction from so little history. ## How much does Telecom Argentina S.A. earn on its capital? Telecom Argentina S.A. earned a ROE of −2% in FY25. That is up from a low of −68% in FY22. Its return on capital used (ROIC) is 1.7 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a −2.0% net margin and 0.50× asset turnover (sales divided by assets). Why the return is what it is (FY25): a −2.0% net margin × 0.50× asset turnover × 2.38× leverage (assets divided by equity) ≈ −2.4% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.3% − 6.0% = −1.7 percentage points. The 6.0% is an estimate of this company's own cost of capital. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Telecom Argentina S.A. have too much debt? Telecom Argentina S.A. has total debt of ARS 6,014 B against shareholder equity of ARS 8,926 B as of Jun 2026, so its debt is 0.67× its equity. Year by year, that ratio went from 0.52 in FY21 to 0.83 in FY25. Keep that borrowing in mind when reading the returns on this page. This company reports in Argentine pesos, not US dollars, so the money charts are left out here. The figures in the text are in that currency (ARS); nothing is converted. ## What is the Telecom Argentina S.A. shareholding pattern? We have no ownership or short-position figures for Telecom Argentina S.A., so this section says so rather than fill the gap. At normal trading volumes, closing those positions would take about 0.9 days. US companies do not publish a quarter-by-quarter list of owners, so this page uses short interest instead. ## How far is Telecom Argentina S.A. from balance-sheet trouble? For Telecom Argentina S.A., the Z-score is 0.99. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is in the danger zone. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 0.99 is inside the danger zone, so the balance sheet is a real risk. ## How does Telecom Argentina S.A. rank in its industry? There is no score against its industry: Telecom Argentina S.A. is not among the largest members shown in this industry comparison for Telecom Services. The score ranks a company within its industry: each measure is scored against the other members. Without that group there is no score, so none is shown. ## Which companies is Telecom Argentina S.A. compared with? No sector comparison is shown here, not among the largest members shown in this industry comparison. ## Which companies are close to Telecom Argentina S.A. in size? Telecom Argentina S.A. is the 23rd largest of 44 Telecom Services companies on Sector Alpha by market value (scores of 3 November 2026). Just above it: Liberty Broadband Corporation, VEON and Lumen Technologies, Inc. Just below it: Iridium Communications Inc., Turkcell Iletisim Hizmetleri A.S. and Telephone and Data Systems, Inc. ### Telecom Services companies close in size

1. [Liberty Broadband Corporation](https://www.sectoralpha.in/us/stocks/lbrda) $6.6 billion
2. [VEON Ltd.](https://www.sectoralpha.in/us/stocks/veon) $5.4 billion
3. [Lumen Technologies, Inc.](https://www.sectoralpha.in/us/stocks/lumn) $4.9 billion
4. Telecom Argentina S.A. $4.9 billion
5. [Iridium Communications Inc.](https://www.sectoralpha.in/us/stocks/irdm) $4.7 billion
6. [Turkcell Iletisim Hizmetleri A.S.](https://www.sectoralpha.in/us/stocks/tkc) $4.1 billion
7. [Telephone and Data Systems, Inc.](https://www.sectoralpha.in/us/stocks/tds) $4.1 billion

[All 44 Telecom Services companies, largest first](https://www.sectoralpha.in/us/sectors/telecom-services#all-companies)

### Companies close in size in other industries

1. [SiteOne Landscape Supply, Inc.](https://www.sectoralpha.in/us/stocks/site) $4.9 billion · Industrial Distribution
2. [NorthWestern Energy Group, Inc.](https://www.sectoralpha.in/us/stocks/nwe) $4.9 billion · Utilities - Regulated Electric
3. Telecom Argentina S.A. $4.9 billion
4. [Credit Acceptance Corporation](https://www.sectoralpha.in/us/stocks/cacc) $4.9 billion · Credit Services
5. [Cousins Properties Incorporated](https://www.sectoralpha.in/us/stocks/cuz) $4.9 billion · REIT - Office

## What else do people ask about Telecom Argentina S.A.? ### What were Telecom Argentina S.A.'s latest quarterly results? Telecom Argentina S.A. reported revenue of ARS 2,558 B and net profit of ARS 174 B for the Jun 2026 quarter. The operating margin was 14.0% (as of 3 November 2026). ### What is Telecom Argentina S.A.'s market cap? Telecom Argentina S.A.'s market capitalisation is $4.9 B at a stock price of $10.40. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Telecom Argentina S.A. performing? Telecom Argentina S.A.'s share price has been moving sideways for 2 weeks. Over the past 13 weeks it has done worse than the S&P 500, for 11 weeks running. This describes what the data did, not a rating (as of 3 November 2026). ### Will Telecom Argentina S.A.'s stock price go up? This page does not forecast Telecom Argentina S.A.'s stock price. What it shows instead: the stock price is $10.40, and it has been moving sideways for 2 weeks. Nobody can reliably say which way a price will move, and this site does not try (as of 3 November 2026). ### Is Telecom Argentina S.A.'s profit real cash? Yes, over the last 2 years, 134% of Telecom Argentina S.A.'s reported profit came in as cash from operations. The latest year was lower at -1403%, so the trend is worth watching. In FY25, operating cash was ARS 2,386 B against reported profit of −ARS 170 B. Most of that cash then goes into building new capacity. These are yearly figures (as of 3 November 2026). ### Where is Telecom Argentina S.A. in its business cycle? Telecom Argentina S.A.'s FY25 operating margin was 6.6%, against a 5-year range of −5.1% to 6.6%: the top of its range, a record year. When profit is at a record, every ratio looks better than usual, and the story depends on margins staying high. The latest quarter was 14.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Telecom Argentina S.A. story? Biggest thing to watch: margins are the best this company has ever reported. Every ratio looks better at a record, so the story depends on margins staying high. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Telecom Argentina S.A. a stock worth studying right now? What the numbers show: Telecom Argentina S.A.'s share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: the next one or two quarters of results. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). This is research, not advice. We’re not SEBI-registered.