CHUNGHWA TELECOM LT-SPON ADR (CHT) Stock Fundamental Analysis
NYSE:CHT - New York Stock Exchange, Inc. - US17133Q5027 - ADR - Currency: USD
Overall CHT gets a fundamental rating of 5 out of 10. We evaluated CHT against 31 industry peers in the Diversified Telecommunication Services industry. CHT scores excellent on profitability, but there are some minor concerns on its financial health. While showing a medium growth rate, CHT is valued expensive at the moment.
1. Profitability
1.1 Basic Checks
CHT had positive earnings in each of the past 5 years.
CHT had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
CHT has a Return On Assets of 6.96%. This is amongst the best in the industry. CHT outperforms 87.10% of its industry peers.
The Return On Equity of CHT (9.67%) is better than 74.19% of its industry peers.
CHT has a Return On Invested Capital of 8.30%. This is amongst the best in the industry. CHT outperforms 90.32% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CHT is above the industry average of 5.62%.
The last Return On Invested Capital (8.30%) for CHT is above the 3 year average (8.27%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 6.96% | ||
| ROE | 9.67% | ||
| ROIC | 8.3% |
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 has a better Profit Margin (16.19%) than 93.55% of its industry peers.
In the last couple of years the Profit Margin of CHT has remained more or less at the same level.
CHT has a Operating Margin of 20.33%. This is amongst the best in the industry. CHT outperforms 80.65% of its industry peers.
In the last couple of years the Operating Margin of CHT has remained more or less at the same level.
CHT has a worse Gross Margin (36.26%) than 80.65% of its industry peers.
CHT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.33% | ||
| PM (TTM) | 16.19% | ||
| GM | 36.26% |
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
The number of shares outstanding for CHT remains at a similar level compared to 1 year ago.
CHT has about the same amout of shares outstanding than it did 5 years ago.
The debt/assets ratio for CHT has been reduced compared to a year ago.
2.2 Solvency
The Debt to FCF ratio of CHT is 0.86, which is an excellent value as it means it would take CHT, only 0.86 years of fcf income to pay off all of its debts.
CHT has a better Debt to FCF ratio (0.86) than 96.77% of its industry peers.
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 90.32% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.86 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.41 indicates that CHT should not have too much problems paying its short term obligations.
With a decent Current ratio value of 1.41, CHT is doing good in the industry, outperforming 77.42% of the companies in the same industry.
CHT has a Quick Ratio of 1.26. This is a normal value and indicates that CHT is financially healthy and should not expect problems in meeting its short term obligations.
Looking at the Quick ratio, with a value of 1.26, CHT is in the better half of the industry, outperforming 77.42% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.26 |
3. Growth
3.1 Past
The Earnings Per Share has been growing slightly by 1.05% over the past year.
The Earnings Per Share has been growing slightly by 2.61% on average over the past years.
Looking at the last year, CHT shows a small growth in Revenue. The Revenue has grown by 3.03% in the last 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)1.05%
EPS 3Y1.36%
EPS 5Y2.61%
EPS Q2Q%9.43%
Revenue 1Y (TTM)3.03%
Revenue growth 3Y3%
Revenue growth 5Y2.08%
Sales Q2Q%5.64%
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 3.60% on average per year.
The Revenue is expected to grow by 2.05% on average over the next years.
EPS Next Y4.02%
EPS Next 2Y3.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year2.35%
Revenue Next 2Y2.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
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
CHT has a very decent profitability rating, which may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.6%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CHT has a Yearly Dividend Yield of 3.91%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 4.64, CHT pays a bit more dividend than its industry peers.
Compared to an average S&P500 Dividend Yield of 2.33, CHT pays a better dividend.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
5.2 History
The dividend of CHT has a limited annual growth rate of 1.22%.
CHT has paid a dividend for at least 10 years, which is 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
99.17% of the earnings are spent on dividend by CHT. This is not a sustainable payout ratio.
CHT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP99.17%
EPS Next 2Y3.6%
EPS Next 3YN/A
39.17
+0.02 (+0.05%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners22.7%
Inst Owner Change8.17%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap30.39B
Analysts51.11
Price Target39.4 (0.59%)
Short Float %0.14%
Short Ratio6.25
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.91% |
Yearly DividendN/A
Dividend Growth(5Y)1.22%
DP99.17%
Div Incr Years4
Div Non Decr Years4
Ex-DateN/A
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)0.43%
Min EPS beat(2)-6.17%
Max EPS beat(2)7.04%
EPS beat(4)1
Avg EPS beat(4)-1.48%
Min EPS beat(4)-6.17%
Max EPS beat(4)7.04%
EPS beat(8)3
Avg EPS beat(8)-0.74%
EPS beat(12)5
Avg EPS beat(12)-1.44%
EPS beat(16)9
Avg EPS beat(16)3.33%
Revenue beat(2)1
Avg Revenue beat(2)-0.73%
Min Revenue beat(2)-2%
Max Revenue beat(2)0.54%
Revenue beat(4)1
Avg Revenue beat(4)-1.53%
Min Revenue beat(4)-2.46%
Max Revenue beat(4)0.54%
Revenue beat(8)2
Avg Revenue beat(8)-1.6%
Revenue beat(12)3
Avg Revenue beat(12)-1.51%
Revenue beat(16)3
Avg Revenue beat(16)-1.71%
PT rev (1m)-1.62%
PT rev (3m)1.68%
EPS NQ rev (1m)0.32%
EPS NQ rev (3m)N/A
EPS NY rev (1m)0.23%
EPS NY rev (3m)-1.67%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0.32%
Revenue NY rev (3m)0.5%
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 | 6.96% | ||
| ROE | 9.67% | ||
| ROCE | 10.28% | ||
| ROIC | 8.3% | ||
| ROICexc | 9.56% | ||
| ROICexgc | 11.48% | ||
| OM | 20.33% | ||
| PM (TTM) | 16.19% | ||
| GM | 36.26% | ||
| FCFM | 21.85% |
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-Score5
Asset Turnover0.43
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.86 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 73.17% | ||
| Cap/Sales | 12.61% | ||
| Interest Coverage | 140.2 | ||
| Cash Conversion | 91.75% | ||
| Profit Quality | 135.02% | ||
| Current Ratio | 1.41 | ||
| Quick Ratio | 1.26 | ||
| Altman-Z | N/A |
F-Score5
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)1.05%
EPS 3Y1.36%
EPS 5Y2.61%
EPS Q2Q%9.43%
EPS Next Y4.02%
EPS Next 2Y3.6%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.03%
Revenue growth 3Y3%
Revenue growth 5Y2.08%
Sales Q2Q%5.64%
Revenue Next Year2.35%
Revenue Next 2Y2.05%
Revenue Next 3YN/A
Revenue Next 5YN/A
EBIT growth 1Y-0.51%
EBIT growth 3Y1.06%
EBIT growth 5Y2.77%
EBIT Next Year89.99%
EBIT Next 3YN/A
EBIT Next 5YN/A
FCF growth 1Y15.31%
FCF growth 3Y8.57%
FCF growth 5Y0.97%
OCF growth 1Y6.28%
OCF growth 3Y1.92%
OCF growth 5Y1.82%