CHT
Chunghwa Telecom Co Ltd
$42.82
▲ 0.5%Updated Today 3:42 PM ET
CHT at a glance — five pillars scored 0–100 from real filed financials.
Overall: Neutral · 55/100. A wider, greener shape means more pillars look healthy. Dividends scores 0 when a company pays none — that is a choice, not a flaw.
▼ Down 3.7% over the last 12 months
Market Cap
$33.91B
P/E
27.19x
Forward P/E (est.)
26.23x
ROE
10.2%
Revenue Growth
4.1%
EPS Growth
3.7%
Profit Margin
16.2%
FCF Yield
17.2%
Debt / Equity
0.1x
ROIC
10.0%
Interest Coverage
142.9x
Current Ratio
1.38x
Dividend Yield
3.7%
Implied Growth (rev. DCF)
4.2%
Rating Score
55/100
Chunghwa Telecom Co Ltd (CHT) is a large-cap company in the Telecommunication industry, part of the Communication Services sector of the S&P 500, with a market value around $33.91B.
In its latest reported year it generated about $7.13B in revenue and $1.15B in net profit.
Our model rates CHT Neutral (55/100) on growth, profitability, financial health, and valuation. The summary below is built from its filed financials and current ratios and refreshes automatically.
Evidence of durable competitive advantage in the filed financials (10 years of history).
Some durable-advantage evidence, but not across the board — dig into which ingredient is weak and whether it's cyclical or structural.
36.6% average over the last 3 years
±0.9 pts around 35.7% across 10 years
grew in 5 of the last 9 year-over-year periods
positive in 10 of 10 years
10.0% latest fiscal year
A moat can't be proven by numbers alone — this scores the evidence a durable advantage leaves behind (pricing power, consistency, returns on capital), computed the same way for every stock. Pair it with the business overview before concluding anything.
Technical analysis reads price and volume to judge momentum and timing. It complements the fundamentals above — it does not replace them. Here is what CHT's chart says today, with each tool explained.
Trend — moving averages. A moving average is the average closing price over a window, which smooths out daily noise. CHT trades near $42.82, below its 50-day average ($44.22) and 200-day average ($42.96). Price below both averages is a downtrend — momentum is against buyers for now.
Momentum — RSI. The Relative Strength Index runs 0–100 and measures how strong recent gains are versus losses. Above 70 is "overbought", below 30 "oversold". At 23 it is oversold — selling has been heavy and a bounce is possible.
MACD. MACD compares two moving averages to flag shifts in momentum. Its histogram is currently negative — short-term momentum is fading.
Volatility — ATR. Average True Range is the typical daily move. CHT's is $0.61 (~1.4% of price), so swings of about that size each day are normal — handy for setting a stop that isn't too tight.
Support & resistance. Over the last month CHT found buyers near $43.72 (support) and sellers near $46.48 (resistance); its 52-week range is $39.28–$46.48. A decisive break beyond either edge often marks the next move.
Volume. The latest session traded 0.3× the 20-day average — lighter than usual, so the move carries less conviction. Rising volume on up-days suggests real buying; on down-days, real selling.
Educational information to help you read a chart — not a recommendation or a forecast. It updates daily as the price and indicators change.
4Y CAGR
2.6%
Revenue moved from $7.19B in 2015 to $7.13B in 2024, a -0.1% compound annual growth rate. The most recent year was roughly flat (4.1%) year over year. Slower, mature growth is common for established businesses.
Gross Margin
36.3%
Operating Margin
20.4%
Net Margin
16.2%
ROE
10.2%
Chunghwa Telecom Co Ltd keeps about 16.2% of each sales dollar as net profit, with a 36.3% gross margin and 20.4% operating margin. Return on equity is 10.2% and return on invested capital about 10.0%. Margins this wide usually signal pricing power or a cost advantage.
Total Debt
$50.00M
Net Debt
-$1.06B
Net cash position
Net Debt / EBITDA
-0.73x
Debt / Equity
0.1x
Leverage: debt-to-equity is 0.1x, and operating profit covers interest about 142.9x, with a current ratio of 1.4x. That is a conservative balance sheet — a cushion in downturns. It carries roughly $50.00M of total debt against $1.11B of cash.
Operating CF
$2.46B
Free Cash Flow
$1.57B
FCF Margin
22.0%
In the latest year Chunghwa Telecom Co Ltd produced about $2.46B of operating cash flow and $1.57B of free cash flow after capital spending. That is a free-cash-flow yield of about 17.2% on today's price. Strong cash generation funds dividends, buybacks, and reinvestment.
Can the payout survive a bad year? Scored from filed cash flow, earnings coverage, and the raise/cut record.
Coverage is weak, the payout was cut recently, or it's being financed rather than earned — treat the current yield as fragile.
Dividend yield
3.7%
Total paid (latest FY)
$1.14B
History on record
10 years
dividend uses 73% of free cash flow
99% of net income paid out
total dividends increased 4 years in a row
payout was cut at least once in the last 10 years
Coverage uses the latest fiscal year as filed with the SEC; the streak counts total dollars paid (per-share figures can carry split artifacts). Educational information, not income advice.
P/E
27.19x
P/S
4.63x
P/B
2.55x
EV / EBITDA
12.23x
CHT trades at 27.2x trailing earnings (about 26.2x on estimated forward earnings), 4.6x sales, and 2.6x book value. Reverse-engineering today's price implies the market expects roughly 4.2% long-term free-cash-flow growth. That is a premium multiple that needs growth to justify it.
A two-stage discounted cash flow on real SEC-filed free cash flow — the intrinsic-value anchor professional analysts triangulate from.
DCF fair value / share
$3.48
Current price
$42.82
Starting FCF (latest 10-K)
$1.57B
Growth, years 1–5
4.1%
Fade to terminal, years 6–10
2.5%
Discount rate
9.0%
Cash flows grow at the stage-1 rate (trailing revenue growth, capped at 20%) for five years, fade to 2.5% by year 10, and continue at that rate forever (Gordon terminal value), all discounted at 9.0%. Small changes in assumptions move the result a lot — treat this as one reference point, not a target price. Educational only, not investment advice.
Where CHT sits versus its Communication Services sector peers in the S&P 500.
Bands show the middle half (25th–75th percentile) of the 44 Communication Services companies in the S&P 500 — the peer-relative anchor professional comps analysis uses. Context only — not investment advice.
How CHT stacks up against its Communication Services peers — valuation, profitability, and growth versus the sector median.
In the Communication Services sector (95 S&P 500 companies), CHT ranks #21 of 95 by our overall rating. It trades at a premium versus the sector on earnings (27.2x P/E vs. 18.1x median) with a lower return on equity (10.2% vs. 14.9%) and slower revenue growth (4.1% vs. 5.3%).
P/E vs sector
27.2x
median 18.1x
ROE vs sector
10.2%
median 14.9%
Growth vs sector
4.1%
median 5.3%
Sector rank
#21
of 95 by rating
Valuation vs. quality map
The sweet spot is upper-left: more profitable (higher ROE) for a lower P/E. Dashed lines mark the sector median.
Peers are the closest Communication Services companies by sub-industry and size. Sector median is across all 95 S&P 500 names in the sector. Educational, not a recommendation.
Project revenue → earnings → price. Edit the assumptions to build your own case.
2030 price target (Base Case)
$0.00 – $0.00
vs. $42.82 today · expected CAGR -8% – 2%
| Metric | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Revenue | $7.41B | $7.71B | $8.02B | $8.34B | $8.67B |
| Net income | $1.19B | $1.23B | $1.28B | $1.33B | $1.39B |
| EPS | $1.50 | $1.56 | $1.62 | $1.69 | $1.75 |
| Share price (low) | $23.97 | $24.93 | $25.92 | $26.96 | $28.04 |
| Share price (high) | $40.45 | $42.07 | $43.75 | $45.50 | $47.32 |
| CAGR (low–high) | -44% / -6% | -24% / -1% | -15% / 1% | -11% / 2% | -8% / 2% |
Educational model on sample fundamentals — not a forecast or investment advice. Outputs are only as good as your assumptions.
The case for CHT:
- High net margins (16.2%) point to pricing power or efficiency.
- Healthy free-cash-flow yield (~17.2%) funds buybacks and dividends.
- A conservative balance sheet (debt/equity 0.1x) lowers risk.
- Pays a 3.7% dividend on top of any price gains.
The case against CHT:
- Like any single stock, it is exposed to competition, the economic cycle, and shifts in its end markets.
Market risk — sector rotation, the economic cycle, and broad sentiment move the stock regardless of fundamentals.
On balance, the picture is mixed: Chunghwa Telecom Co Ltd is a large-cap communication services business growing at a mature pace, with solid profitability, and a sound balance sheet. It trades at 27.2x earnings, which our model scores Neutral (55/100). Weigh this against your own goals and time horizon — this is educational information, not a recommendation.
Analyst Ratings
What 16 Wall Street analysts covering CHT recommend (July 2026). Consensus is a useful sanity check — not a substitute for your own homework.
Analysts have turned more positive over the last three months (+3 pts of buy ratings).
Latest SEC Filings
CHT's most recent filings, straight from SEC EDGAR. Annual and quarterly reports are the deep dives; 8-Ks flag material events the moment they happen.
In the Idea Lab
CHT — frequently asked questions
Is CHT a good stock to buy?
We don't give buy or sell advice. Our model rates Chunghwa Telecom Co Ltd Neutral (55/100) based on its growth, profitability, financial health, and valuation — use that as a research starting point and make your own decision.
What is CHT's rating on The Stocks School?
Chunghwa Telecom Co Ltd currently scores 55/100 (Neutral) on our transparent model, which weighs real fundamentals: growth, margins, returns on capital, balance-sheet strength, and valuation.
How our ratings work →Where does CHT's data come from?
Live price data plus real fundamentals and 5-year financials pulled directly from Chunghwa Telecom Co Ltd's SEC filings — refreshed automatically, not hand-entered.
How is the 5-year projection for CHT calculated?
It's a scenario model: it grows revenue at an assumed rate, applies a profit margin and a valuation multiple, and shows the resulting share-price range. The assumptions are yours to change — it's a tool for thinking, not a prediction.
Is this CHT analysis financial advice?
No. Everything on this page is educational research, not financial advice or a recommendation to buy or sell CHT. Always do your own research and consider a licensed professional.
Data notice. Fundamentals and financial statements are sourced from company filings (SEC EDGAR) and market-data providers; prices and market caps refresh on trading days and may be delayed. Ratings, projections, technical signals, and written summaries are model- or rule-generated for education and may simplify or lag the latest filings.
Not advice. Nothing on this page is investment advice or a recommendation to buy, hold, or sell any security. Do your own research and consult a licensed financial professional before investing.