CHUNGHWA TELECOM LT-SPON ADR (CHT) Stock Fundamental Analysis
USA - NYSE:CHT - US17133Q5027 - ADR
44.99 USD
+0.11 (+0.25%)
44.99 USD
0 (0%)
Taking everything into account, CHT scores 5 out of 10 in our fundamental rating. CHT was compared to 35 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.
Each year in the past 5 years CHT had a positive operating cash flow.
1.2 Ratios
CHT has a better Return On Assets (6.97%) than 88.57% of its industry peers.
CHT's Return On Equity of 10.36% is fine compared to the rest of the industry. CHT outperforms 71.43% of its industry peers.
Looking at the Return On Invested Capital, with a value of 8.94%, CHT belongs to the top of the industry, outperforming 88.57% of the companies in the same industry.
Measured over the past 3 years, the Average Return On Invested Capital for CHT is in line with the industry average of 6.32%.
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
With an excellent Profit Margin value of 16.27%, CHT belongs to the best of the industry, outperforming 88.57% of the companies in the same industry.
In the last couple of years the Profit Margin of CHT has remained more or less at the same level.
With a decent Operating Margin value of 20.54%, CHT is doing good in the industry, outperforming 80.00% of the companies in the same industry.
CHT's Operating Margin has been stable in the last couple of years.
With a Gross Margin value of 36.60%, CHT is not doing good in the industry: 77.14% of the companies in the same industry are doing better.
CHT's Gross Margin has been stable in the last couple of years.
| 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.
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 0.89, 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.
CHT has a Debt to FCF ratio of 0.89. This is amongst the best in the industry. CHT outperforms 97.14% of its industry peers.
A Debt/Equity ratio of 0.08 indicates that CHT is not too dependend on debt financing.
With an excellent Debt to Equity ratio value of 0.08, CHT belongs to the best of the industry, outperforming 91.43% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.08 | ||
| Debt/FCF | 0.89 | ||
| Altman-Z | N/A |
ROIC/WACCN/A
WACCN/A
2.3 Liquidity
CHT has a Current Ratio of 1.15. This is a normal value and indicates that CHT is financially healthy and should not expect problems in meeting its short term obligations.
CHT has a Current ratio (1.15) which is in line with its industry peers.
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.
CHT has a Quick ratio (1.05) which 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%.
The Earnings Per Share has been growing slightly by 2.61% on average over the past years.
The Revenue has been growing slightly by 3.95% in the past year.
Measured over the past years, CHT shows a small growth in Revenue. The Revenue has been growing by 2.08% on average per year.
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
CHT is expected to show a small growth in Earnings Per Share. In the coming years, the EPS will grow by 5.27% yearly.
CHT is expected to show a small growth in Revenue. In the coming years, the Revenue will grow by 2.39% yearly.
EPS Next Y4.41%
EPS Next 2Y4.02%
EPS Next 3Y5.27%
EPS Next 5YN/A
Revenue Next Year3.25%
Revenue Next 2Y2.6%
Revenue Next 3Y2.39%
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.
When comparing the Revenue growth rate of the last years to the growth rate of the upcoming years, we see that the growth is stable.
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 2Y4.02%
EPS Next 3Y5.27%
5. Dividend
5.1 Amount
CHT has a Yearly Dividend Yield of 2.83%.
CHT's Dividend Yield is a higher than the industry average which is at 5.03.
Compared to an average S&P500 Dividend Yield of 2.38, CHT has a dividend comparable with the average S&P500 company.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
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 97.19% of its income as dividend. This is not a sustainable payout ratio.
CHT's earnings are growing more than its dividend. This makes the dividend growth sustainable.
DP97.19%
EPS Next 2Y4.02%
EPS Next 3Y5.27%
44.99
+0.11 (+0.25%)
Chartmill FA Rating
GICS SectorCommunication Services
GICS IndustryGroupTelecommunication Services
GICS IndustryDiversified Telecommunication Services
Earnings (Last)
Earnings (Next)
Inst Owners20.56%
Inst Owner Change4.14%
Ins Owners0%
Ins Owner ChangeN/A
Market Cap34.90B
Analysts72.5
Price Target45.67 (1.51%)
Short Float %0.15%
Short Ratio5.39
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 2.83% |
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)2.69%
PT rev (3m)3.05%
EPS NQ rev (1m)0.41%
EPS NQ rev (3m)1.54%
EPS NY rev (1m)0.47%
EPS NY rev (3m)0.34%
Revenue NQ rev (1m)0%
Revenue NQ rev (3m)-0.63%
Revenue NY rev (1m)0.14%
Revenue NY rev (3m)0.05%
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 Y4.41%
EPS Next 2Y4.02%
EPS Next 3Y5.27%
EPS Next 5YN/A
Revenue 1Y (TTM)3.95%
Revenue growth 3Y3%
Revenue growth 5Y2.08%
Sales Q2Q%4.83%
Revenue Next Year3.25%
Revenue Next 2Y2.6%
Revenue Next 3Y2.39%
Revenue Next 5YN/A
EBIT growth 1Y3.34%
EBIT growth 3Y1.06%
EBIT growth 5Y2.77%
EBIT Next Year89.41%
EBIT Next 3Y24.66%
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%