CHUNGHWA TELECOM LT-SPON ADR (CHT) Stock Fundamental Analysis
USA - NYSE:CHT - US17133Q5027 - ADR
43.57 USD
+0.16 (+0.37%)
43.57 USD
0 (0%)
Overall CHT gets a fundamental rating of 5 out of 10. We evaluated CHT against 36 industry peers in the Diversified Telecommunication Services industry. CHT has an excellent profitability rating, but there are some minor concerns on its financial health. CHT is quite expensive at the moment. It does show a decent growth rate.
1. Profitability
1.1 Basic Checks
Each year in the past 5 years CHT has been profitable.
In the past 5 years CHT always reported a positive cash flow from operatings.
1.2 Ratios
CHT has a Return On Assets of 6.97%. This is amongst the best in the industry. CHT outperforms 91.67% of its industry peers.
The Return On Equity of CHT (10.36%) is better than 77.78% of its industry peers.
CHT's Return On Invested Capital of 8.94% is amongst the best of the industry. CHT outperforms 88.89% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CHT is above the industry average of 5.86%.
The 3 year average ROIC (8.27%) for CHT is below the current ROIC(8.94%), indicating increased profibility in the last year.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.97% | ||
| ROE | 10.36% | ||
| ROIC | 8.94% |
ROA(3y)6.99%
ROA(5y)6.91%
ROE(3y)9.63%
ROE(5y)9.43%
ROIC(3y)8.27%
ROIC(5y)8.08%
1.3 Margins
CHT's Profit Margin of 16.27% is amongst the best of the industry. CHT outperforms 94.44% of its industry peers.
In the last couple of years the Profit Margin of CHT has remained more or less at the same level.
Looking at the Operating Margin, with a value of 20.54%, CHT belongs to the top of the industry, outperforming 80.56% of the companies in the same industry.
CHT's Operating Margin has been stable in the last couple of years.
CHT's Gross Margin of 36.60% is on the low side compared to the rest of the industry. CHT is outperformed by 75.00% of its industry peers.
In the last couple of years the Gross Margin of CHT has remained more or less at the same level.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.54% | ||
| PM (TTM) | 16.27% | ||
| GM | 36.6% |
OM growth 3Y-1.88%
OM growth 5Y0.68%
PM growth 3Y-1.6%
PM growth 5Y0.48%
GM growth 3Y0.42%
GM growth 5Y1.01%
2. Health
2.1 Basic Checks
CHT has about the same amout of shares outstanding than it did 1 year ago.
The number of shares outstanding for CHT remains at a similar level compared to 5 years ago.
CHT has a better debt/assets ratio than last year.
2.2 Solvency
The Debt to FCF ratio of CHT is 0.89, which is an excellent value as it means it would take CHT, only 0.89 years of fcf income to pay off all of its debts.
Looking at the Debt to FCF ratio, with a value of 0.89, CHT belongs to the top of the industry, outperforming 97.22% of the companies in the same industry.
A Debt/Equity ratio of 0.08 indicates that CHT is not too dependend on debt financing.
The Debt to Equity ratio of CHT (0.08) is better than 91.67% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.89 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.15 indicates that CHT should not have too much problems paying its short term obligations.
With a Current ratio value of 1.15, CHT perfoms like the industry average, outperforming 58.33% of the companies in the same industry.
CHT has a Quick Ratio of 1.05. This is a normal value and indicates that CHT is financially healthy and should not expect problems in meeting its short term obligations.
The Quick ratio of CHT (1.05) is comparable to the rest of the industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.05 |
3. Growth
3.1 Past
CHT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 3.82%.
CHT shows a small growth in Earnings Per Share. Measured over the last years, the EPS has been growing by 2.61% yearly.
The Revenue has been growing slightly by 3.95% in the past year.
CHT shows a small growth in Revenue. Measured over the last years, the Revenue has been growing by 2.08% yearly.
EPS 1Y (TTM)3.82%
EPS 3Y1.36%
EPS 5Y2.61%
EPS Q2Q%3.15%
Revenue 1Y (TTM)3.95%
Revenue growth 3Y3%
Revenue growth 5Y2.08%
Sales Q2Q%4.83%
3.2 Future
Based on estimates for the next years, CHT will show a small growth in Earnings Per Share. The EPS will grow by 5.05% on average per year.
CHT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.39% yearly.
EPS Next Y4.32%
EPS Next 2Y3.95%
EPS Next 3Y5.05%
EPS Next 5YN/A
Revenue Next Year3.34%
Revenue Next 2Y2.68%
Revenue Next 3Y2.39%
Revenue Next 5YN/A
3.3 Evolution
When comparing the EPS growth rate of the last years to the growth rate of the upcoming years, we see that the growth is accelerating.
The Revenue growth rate is stable: in the next years the growth will be about the same than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A |
4.2 Price Multiples
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | N/A | ||
| EV/EBITDA | N/A |
4.3 Compensation for Growth
The decent profitability rating of CHT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.95%
EPS Next 3Y5.05%
5. Dividend
5.1 Amount
With a Yearly Dividend Yield of 3.79%, CHT has a reasonable but not impressive dividend return.
Compared to an average industry Dividend Yield of 5.11, CHT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.38, CHT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.79% |
5.2 History
The dividend of CHT has a limited annual growth rate of 1.22%.
CHT has been paying a dividend for at least 10 years, so it has a reliable track record.
CHT has not decreased its dividend in the last 3 years.
Dividend Growth(5Y)1.22%
Div Incr Years4
Div Non Decr Years4
5.3 Sustainability
CHT pays out 97.19% of its income as dividend. This is not a sustainable payout ratio.
The dividend of CHT is growing, but earnings are growing more, so the dividend growth is sustainable.
DP97.19%
EPS Next 2Y3.95%
EPS Next 3Y5.05%
43.57
+0.16 (+0.37%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners23.47%
Inst Owner Change-0.04%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap33.80B
Analysts73.33
Price Target44.47 (2.07%)
Short Float %0.15%
Short Ratio5.62
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.79% |
Yearly DividendN/A
Dividend Growth(5Y)1.22%
DP97.19%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)0
Avg EPS beat(2)-0.81%
Min EPS beat(2)-1.18%
Max EPS beat(2)-0.44%
EPS beat(4)1
Avg EPS beat(4)-0.19%
Min EPS beat(4)-6.17%
Max EPS beat(4)7.04%
EPS beat(8)1
Avg EPS beat(8)-1.74%
EPS beat(12)4
Avg EPS beat(12)-1.23%
EPS beat(16)7
Avg EPS beat(16)0.19%
Revenue beat(2)0
Avg Revenue beat(2)-2.04%
Min Revenue beat(2)-2.82%
Max Revenue beat(2)-1.26%
Revenue beat(4)1
Avg Revenue beat(4)-1.41%
Min Revenue beat(4)-2.82%
Max Revenue beat(4)0.45%
Revenue beat(8)1
Avg Revenue beat(8)-2.04%
Revenue beat(12)2
Avg Revenue beat(12)-1.67%
Revenue beat(16)3
Avg Revenue beat(16)-1.71%
PT rev (1m)-3.66%
PT rev (3m)-5.04%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.29%
EPS NY rev (1m)-0.09%
EPS NY rev (3m)0.25%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.13%
Revenue NY rev (1m)0.08%
Revenue NY rev (3m)0.14%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | N/A | ||
| Fwd PE | N/A | ||
| P/S | N/A | ||
| P/FCF | N/A | ||
| P/OCF | N/A | ||
| P/B | N/A | ||
| P/tB | N/A | ||
| EV/EBITDA | N/A |
EPS(TTM)N/A
EYN/A
EPS(NY)N/A
Fwd EYN/A
FCF(TTM)N/A
FCFYN/A
OCF(TTM)N/A
OCFYN/A
SpSN/A
BVpSN/A
TBVpSN/A
PEG (NY)N/A
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.97% | ||
| ROE | 10.36% | ||
| ROCE | 11.08% | ||
| ROIC | 8.94% | ||
| ROICexc | 10.8% | ||
| ROICexgc | 13.11% | ||
| OM | 20.54% | ||
| PM (TTM) | 16.27% | ||
| GM | 36.6% | ||
| FCFM | 21.04% |
ROA(3y)6.99%
ROA(5y)6.91%
ROE(3y)9.63%
ROE(5y)9.43%
ROIC(3y)8.27%
ROIC(5y)8.08%
ROICexc(3y)9.42%
ROICexc(5y)9.09%
ROICexgc(3y)11.51%
ROICexgc(5y)11.28%
ROCE(3y)10.25%
ROCE(5y)10.04%
ROICexcg growth 3Y0.15%
ROICexcg growth 5Y2.51%
ROICexc growth 3Y1.81%
ROICexc growth 5Y1.52%
OM growth 3Y-1.88%
OM growth 5Y0.68%
PM growth 3Y-1.6%
PM growth 5Y0.48%
GM growth 3Y0.42%
GM growth 5Y1.01%
F-Score7
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.89 | ||
| Debt/EBITDA | 0.33 | ||
| Cap/Depr | 75.7% | ||
| Cap/Sales | 12.93% | ||
| Interest Coverage | 137.48 | ||
| Cash Conversion | 90.29% | ||
| Profit Quality | 129.34% | ||
| Current Ratio | 1.15 | ||
| Quick Ratio | 1.05 | ||
| Altman-Z | N/A |
F-Score7
WACCN/A
ROIC/WACCN/A
Cap/Depr(3y)78.69%
Cap/Depr(5y)104.86%
Cap/Sales(3y)13.97%
Cap/Sales(5y)18.61%
Profit Quality(3y)123.22%
Profit Quality(5y)97.9%
High Growth Momentum
Growth
EPS 1Y (TTM)3.82%
EPS 3Y1.36%
EPS 5Y2.61%
EPS Q2Q%3.15%
EPS Next Y4.32%
EPS Next 2Y3.95%
EPS Next 3Y5.05%
EPS Next 5YN/A
Revenue 1Y (TTM)3.95%
Revenue growth 3Y3%
Revenue growth 5Y2.08%
Sales Q2Q%4.83%
Revenue Next Year3.34%
Revenue Next 2Y2.68%
Revenue Next 3Y2.39%
Revenue Next 5YN/A
EBIT growth 1Y3.34%
EBIT growth 3Y1.06%
EBIT growth 5Y2.77%
EBIT Next Year89.73%
EBIT Next 3Y26.43%
EBIT Next 5YN/A
FCF growth 1Y12.65%
FCF growth 3Y8.57%
FCF growth 5Y0.97%
OCF growth 1Y2.97%
OCF growth 3Y1.92%
OCF growth 5Y1.82%