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Earnings transcript
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CHT
Chunghwa Telecom Co., Ltd.
$48.99
0.44
(0.91%)
| Exchange: | NYSE |
| Market Cap: | 38.004B |
| Shares Outstanding: | 11.546B |
Delayed data
About The Company
| Sector: | Communication ServicesView sector performance | |||||
| Industry: | Telecommunications ServicesView industry performance | |||||
| CEO: | Chih-Cheng Chien | |||||
| Full Time Employees: | 19912 | |||||
| Address: |
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| Website: | https://www.cht.com.tw |
Chunghwa Telecom Co., Ltd., along with its subsidiaries, operates as a leading telecommunications service provider, serving customers both within Taiwan and across international markets. The company organizes its extensive operations into several core divisions, including domestic fixed communications, mobile communications, internet services, international fixed communications, and various other business ventures. At its foundation, Chunghwa Telecom delivers a comprehensive suite of traditional telecom services, encompassing local and long-distance telephone access, high-speed broadband internet, and complementary value-added services. It also facilitates crucial network interconnection services for other mobile and fixed-line operators. Beyond these essential offerings, the company provides robust mobile communication solutions, its proprietary HiNet internet platform, data communication services, cloud computing resources, internet data center facilities, and global long-distance telephony and data transmission. Expanding its business reach, Chunghwa Telecom actively engages in the distribution and retail of mobile handsets, data cards, electronic components, and a variety of computing and business machinery, alongside associated software. Furthermore, it is involved in the complete lifecycle of specialized electronic components, from design and development to manufacturing, sales, and servicing, including semiconductor testing parts, printed circuit boards, finished electronic products, and integrated automatic license plate recognition (ALPR) software and hardware systems. The company’s diverse portfolio also extends into areas such as real estate development and property management, extensive system, network, and communications integration services, and the implementation of intelligent building and energy network solutions. It offers digital information supply and advertising, functions as a property and liability insurance agency, and provides family education programs. Other specialized services include computing equipment installation, management consultancy, data processing, telecommunication engineering, internet identity verification, and tailored information and communication solutions. Additionally, Chunghwa Telecom’s ventures span software design, the creation and streaming of internet content, motion picture production and distribution, energy-saving technologies, international circuit provisions, and support services for electronic parts and processed machinery products. Established in 1996, Chunghwa Telecom Co., Ltd. is headquartered in Taipei City, Taiwan.
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Revenue Segmentation
Revenue by type
Revenue by region
Industry Peers
| TICKER | COMPANY | MKT CAP | P/E | FWD P/E | ROIC |
|---|---|---|---|---|---|
| CHT | Chunghwa Telecom Co., Ltd. | 38.0B | 36.0 | 31.1 | 7.8% |
 VOD | Vodafone Group Public Limited Company | 36.8B | — | 15.6 | 0.1% |
 TMUSI | T-Mobile USA Inc 5.5 % Notes 2025-01.0… | 19.3B | 15.1 | — | 7.5% |
 BCE | BCE Inc. | 19.0B | 4.2 | 10.8 | 6.0% |
 VIV | Telefônica Brasil S.A. | 18.0B | 14.9 | 12.6 | 7.9% |
 RCI | Rogers Communications Inc. | 17.6B | 26.1 | 13.5 | 3.6% |
EPS
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Earnings Call
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Login — it's freeIncome Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Revenue | 221,495,000 | 228,575,000 | 234,751,000 |
| Gross Profit | 79,728,000 | 81,992,000 | 85,606,000 |
| EBITDA | 86,946,000 | 87,799,000 | 89,345,202 |
| Operating Income | 46,353,000 | 46,873,000 | 48,661,000 |
| Net Income | 36,958,000 | 37,189,000 | 38,705,000 |
(* All numbers are in thousands)
Balance Sheet
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Total Assets | 523,741,000 | 534,297,000 | 0 |
| Total Liabilities | 131,022,000 | 136,386,971 | -390,429,872 |
| Total Stockholders Equity | 382,308,088 | 382,826,000 | 390,429,872 |
| Total Debt | 43,643,000 | 43,229,583 | 0 |
| Cash and Cash Equivalents | 33,824,000 | 36,259,689 | 0 |
(* All numbers are in thousands)
Cash Flow Statement
| Year | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating Cash Flow | 74,559,000 | 79,244,000 | 0 |
| Capital Expenditure | -30,978,000 | -28,990,000 | 0 |
| Free Cash Flow | 43,581,000 | 50,254,000 | 0 |
| Net Income | 36,958,000 | 37,220,464 | 38,690,000 |
| Net Change in Cash | -16,369,000 | 2,435,805 | -36,259,689 |
(* All numbers are in thousands)
Analyst Estimates
| Fiscal Year | 2028 | Research Access | Research Access | Research Access | Research Access |
|---|---|---|---|---|---|
| Estimated Revenue (Low) | 259,125,992.166 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (High) | 271,097,034.314 | Research Access | Research Access | Research Access | Research Access |
| Estimated Revenue (Avg) | 265,890,076.528 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Low) | 90,729,496.356 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (High) | 93,919,820.224 | Research Access | Research Access | Research Access | Research Access |
| Estimated Ebitda (Avg) | 92,532,145.086 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Low) | 40,866,921.129 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (High) | 43,340,638.773 | Research Access | Research Access | Research Access | Research Access |
| Estimated Net Income (Avg) | 42,264,661.344 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Low) | 35,435,126.748 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (High) | 37,072,150.468 | Research Access | Research Access | Research Access | Research Access |
| Estimated SGA Expense (Avg) | 36,360,106.078 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Avg) | 54.510 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (High) | 55.900 | Research Access | Research Access | Research Access | Research Access |
| Estimated EPS (Low) | 52.710 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated Revenue) | 3 | Research Access | Research Access | Research Access | Research Access |
| Number of Analysts (Estimated EPS) | 1 | Research Access | Research Access | Research Access | Research Access |
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Current Key Metrics
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Intrinsic Value Calculator
Based on current fundamentals and analyst forecasts, MarketSnap estimates CHT intrinsic value between $20.46 – $28.15 per share. This depends on revenue growth, margins, and discount rate.
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Common questions about CHT valuation
Is Chunghwa Telecom Co., Ltd. (CHT) overvalued or undervalued right now?
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What is CHT’s P/E ratio?
You can see CHT’s trailing P/E (TTM) and forward P/E estimates in the Current Key Metrics and Forward P/E Ratios sections above. The P/E ratio compares the current share price to earnings per share and helps investors gauge valuation relative to earnings.
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CHT
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Daily snapshot
0.91
Trading Metrics:
| Open: | 48.18 | Previous Close: | 48.55 | |
| Day Low: | 48.18 | Day High: | 49.14 | |
| Year Low: | 39.28 | Year High: | 49.17 | |
| Price Avg 50: | 45.64 | Price Avg 200: | 43.76 | |
| Volume: | 123521 | Average Volume: | 199229 |
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