Telecom Argentina S.A. (BCBA:TECO2)

Telecom Argentina Ratios and Metrics

Market cap in millions ARS. Fiscal year is January - December.

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	May 22, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Market Capitalization	7,521,755	7,597,134	6,611,822	2,978,551	789,327	435,691
Market Cap Growth	48.93%	14.90%	121.98%	277.35%	81.17%	2.87%
Enterprise Value	12,467,705	12,498,923	9,231,348	3,853,184	1,187,105	684,228
Last Close Price	3492.50	3527.50	3059.09	1378.09	365.20	201.58
PE Ratio	21.58	-	4.97	-	-	8.29
Forward PE	5.28	16.69	16.69	16.69	16.69	16.69
PS Ratio	0.85	0.91	1.22	0.51	0.13	0.17
PB Ratio	0.92	1.09	0.91	0.50	0.31	0.41
P/TBV Ratio	20.11	-	30.57	-	5.06	11.04
P/FCF Ratio	6.17	7.37	10.85	2.94	0.99	1.27
P/OCF Ratio	2.70	3.18	6.19	1.68	0.45	0.55
PEG Ratio	-	0.26	0.26	0.26	0.26	0.26
EV/Sales Ratio	1.40	1.50	1.70	0.65	0.20	0.27
EV/EBITDA Ratio	4.45	5.51	7.23	2.54	0.76	0.87
EV/EBIT Ratio	17.18	22.87	-	-	-	18.29
EV/FCF Ratio	10.23	12.13	15.14	3.80	1.48	2.00
Debt / Equity Ratio	0.72	0.83	0.56	0.99	0.61	0.52
Debt / EBITDA Ratio	2.13	2.29	2.64	3.42	0.89	0.65
Debt / FCF Ratio	4.83	5.65	6.67	5.81	1.94	1.63
Net Debt / Equity Ratio	0.59	0.72	0.50	0.86	0.55	0.46
Net Debt / EBITDA Ratio	1.94	2.22	2.82	3.39	0.89	0.63
Net Debt / FCF Ratio	3.96	4.88	5.91	5.07	1.75	1.45
Asset Turnover	0.55	0.54	0.38	0.59	1.61	1.60
Inventory Turnover	23.19	25.75	17.81	30.17	120.96	118.98
Quick Ratio	0.56	0.43	0.34	0.39	0.34	0.33
Current Ratio	0.58	0.48	0.39	0.44	0.39	0.39
Return on Equity (ROE)	5.23%	-2.04%	20.52%	-16.84%	-94.45%	7.27%
Return on Assets (ROA)	2.68%	2.20%	-0.74%	-1.85%	-5.15%	1.44%
Return on Invested Capital (ROIC)	4.23%	4.77%	-1.11%	-3.93%	-11.22%	0.71%
Return on Capital Employed (ROCE)	4.80%	4.30%	-1.40%	-2.50%	-6.90%	2.10%
Earnings Yield	4.63%	-2.24%	20.14%	-24.79%	-217.78%	12.06%
FCF Yield	16.21%	13.57%	9.22%	34.02%	101.40%	78.59%
Dividend Yield	0.39%	0.39%	-	-	-	-
Payout Ratio	5.82%	-	-	-	-	8.58%
Total Shareholder Return	0.39%	0.39%	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.