CHUNGHWA TELECOM LT-SPON ADR (CHT) Stock Fundamental Analysis
NYSE:CHT - New York Stock Exchange, Inc. - US17133Q5027 - ADR - Currency: USD
CHT gets a fundamental rating of 5 out of 10. The analysis compared the fundamentals against 32 industry peers in the Diversified Telecommunication Services industry. Both the profitability and the financial health of CHT get a neutral evaluation. Nothing too spectacular is happening here. CHT is valied quite expensively at the moment, while it does show a decent growth rate.
1. Profitability
1.1 Basic Checks
CHT had positive earnings in each of the past 5 years.
In the past 5 years CHT always reported a positive cash flow from operatings.
1.2 Ratios
The Return On Assets of CHT (7.00%) is better than 87.50% of its industry peers.
CHT has a Return On Equity of 9.52%. This is in the better half of the industry: CHT outperforms 68.75% of its industry peers.
CHT has a Return On Invested Capital of 8.23%. This is amongst the best in the industry. CHT outperforms 87.50% of its industry peers.
Measured over the past 3 years, the Average Return On Invested Capital for CHT is in line with the industry average of 7.13%.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 7% | ||
| ROE | 9.52% | ||
| ROIC | 8.23% |
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 (16.30%) than 90.63% of its industry peers.
CHT's Profit Margin has been stable in the last couple of years.
The Operating Margin of CHT (20.51%) is better than 81.25% 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 (36.61%) than 81.25% of its industry peers.
CHT's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 20.51% | ||
| PM (TTM) | 16.3% | ||
| GM | 36.61% |
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.
Compared to 5 years ago, CHT has about the same amount of shares outstanding.
Compared to 1 year ago, CHT has an improved debt to assets ratio.
2.2 Solvency
The Debt to FCF ratio of CHT is 0.90, which is an excellent value as it means it would take CHT, only 0.90 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of CHT (0.90) is better than 93.75% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that CHT is not too dependend on debt financing.
CHT's Debt to Equity ratio of 0.08 is amongst the best of the industry. CHT outperforms 90.63% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.9 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
A Current Ratio of 1.63 indicates that CHT should not have too much problems paying its short term obligations.
Looking at the Current ratio, with a value of 1.63, CHT is in the better half of the industry, outperforming 78.13% of the companies in the same industry.
CHT has a Quick Ratio of 1.46. This is a normal value and indicates that CHT is financially healthy and should not expect problems in meeting its short term obligations.
With a decent Quick ratio value of 1.46, CHT is doing good in the industry, outperforming 78.13% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.46 |
3. Growth
3.1 Past
CHT shows a small growth in Earnings Per Share. In the last year, the EPS has grown by 2.75%.
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 3.08% in the last year.
The Revenue has been growing slightly by 2.08% on average over the past years.
EPS 1Y (TTM)2.75%
EPS 3Y1.36%
EPS 5Y2.61%
EPS Q2Q%4.13%
Revenue 1Y (TTM)3.08%
Revenue growth 3Y3%
Revenue growth 5Y2.08%
Sales Q2Q%1.57%
3.2 Future
CHT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 3.04% yearly.
Based on estimates for the next years, CHT will show a small growth in Revenue. The Revenue will grow by 2.04% on average per year.
EPS Next Y3.93%
EPS Next 2Y3.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue Next Year3.2%
Revenue Next 2Y2.19%
Revenue Next 3Y2.04%
Revenue Next 5YN/A
3.3 Evolution
The EPS growth rate is stable: in the next years the growth will be about the same 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
The decent profitability rating of CHT may justify a higher PE ratio.
PEG (NY)N/A
PEG (5Y)N/A
EPS Next 2Y3.04%
EPS Next 3YN/A
5. Dividend
5.1 Amount
CHT has a Yearly Dividend Yield of 3.65%. Purely for dividend investing, there may be better candidates out there.
Compared to an average industry Dividend Yield of 5.16, CHT pays a bit more dividend than its industry peers.
CHT's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
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
CHT pays out 98.09% 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.
DP98.09%
EPS Next 2Y3.04%
EPS Next 3YN/A
46.64
+0.03 (+0.06%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners20.56%
Inst Owner Change3%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap36.18B
Analysts71.76
Price Target46.83 (0.41%)
Short Float %0.22%
Short Ratio6.85
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 3.65% |
Yearly DividendN/A
Dividend Growth(5Y)1.22%
DP98.09%
Div Incr Years4
Div Non Decr Years4
Ex-Date
Surprises & Revisions
EPS beat(2)1
Avg EPS beat(2)2.93%
Min EPS beat(2)-1.18%
Max EPS beat(2)7.04%
EPS beat(4)1
Avg EPS beat(4)-0.62%
Min EPS beat(4)-6.17%
Max EPS beat(4)7.04%
EPS beat(8)2
Avg EPS beat(8)-1.29%
EPS beat(12)5
Avg EPS beat(12)-1.08%
EPS beat(16)8
Avg EPS beat(16)1.8%
Revenue beat(2)1
Avg Revenue beat(2)-1.18%
Min Revenue beat(2)-2.82%
Max Revenue beat(2)0.45%
Revenue beat(4)1
Avg Revenue beat(4)-1.65%
Min Revenue beat(4)-2.82%
Max Revenue beat(4)0.45%
Revenue beat(8)1
Avg Revenue beat(8)-2.07%
Revenue beat(12)3
Avg Revenue beat(12)-1.56%
Revenue beat(16)3
Avg Revenue beat(16)-1.71%
PT rev (1m)4.5%
PT rev (3m)17.69%
EPS NQ rev (1m)0%
EPS NQ rev (3m)0.01%
EPS NY rev (1m)0%
EPS NY rev (3m)-0.19%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)0.2%
Revenue NY rev (1m)0%
Revenue NY rev (3m)0.83%
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 | 7% | ||
| ROE | 9.52% | ||
| ROCE | 10.2% | ||
| ROIC | 8.23% | ||
| ROICexc | 9.58% | ||
| ROICexgc | 11.44% | ||
| OM | 20.51% | ||
| PM (TTM) | 16.3% | ||
| GM | 36.61% | ||
| FCFM | 21.11% |
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 | 0.9 | ||
| Debt/EBITDA | 0.36 | ||
| Cap/Depr | 73.89% | ||
| Cap/Sales | 12.71% | ||
| Interest Coverage | 139.51 | ||
| Cash Conversion | 89.66% | ||
| Profit Quality | 129.48% | ||
| Current Ratio | 1.63 | ||
| Quick Ratio | 1.46 | ||
| 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)2.75%
EPS 3Y1.36%
EPS 5Y2.61%
EPS Q2Q%4.13%
EPS Next Y3.93%
EPS Next 2Y3.04%
EPS Next 3YN/A
EPS Next 5YN/A
Revenue 1Y (TTM)3.08%
Revenue growth 3Y3%
Revenue growth 5Y2.08%
Sales Q2Q%1.57%
Revenue Next Year3.2%
Revenue Next 2Y2.19%
Revenue Next 3Y2.04%
Revenue Next 5YN/A
EBIT growth 1Y1.32%
EBIT growth 3Y1.06%
EBIT growth 5Y2.77%
EBIT Next Year89.41%
EBIT Next 3Y24.66%
EBIT Next 5YN/A
FCF growth 1Y16.85%
FCF growth 3Y8.57%
FCF growth 5Y0.97%
OCF growth 1Y3.62%
OCF growth 3Y1.92%
OCF growth 5Y1.82%