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Chunghwa Telecom Co Ltd
TWSE:2412

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Chunghwa Telecom Co Ltd
TWSE:2412
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Price: 137 TWD
Market Cap: NT$1.1T

EV/S

4.4
Current
5%
More Expensive
vs 3-y average of 4.2

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
4.4
=
Enterprise Value
NT$1T
/
Revenue
NT$236.1B

Enterprise Value to Sales (EV/S) ratio compares a company`s total enterprise value to its revenue. It shows how much investors are paying for each dollar of the company`s sales, including both equity and debt.

EV/S
4.4
=
Enterprise Value
NT$1T
/
Revenue
NT$236.1B

Valuation Scenarios

Chunghwa Telecom Co Ltd is trading above its 3-year average

If EV/S returns to its 3-Year Average (4.2), the stock would be worth NT$130.32 (5% downside from current price).

Statistics
Positive Scenarios
1/4
Maximum Downside
-51%
Maximum Upside
+1%
Average Downside
15%
Scenario EV/S Value Implied Price Upside/Downside
Current Multiple 4.4 NT$137
0%
3-Year Average 4.2 NT$130.32
-5%
5-Year Average 4.1 NT$129.25
-6%
Industry Average 4.4 NT$137.87
+1%
Country Average 2.1 NT$66.84
-51%

Forward EV/S
Today’s price vs future revenue

Today's Enterprise Value Revenue Forward EV/S
NT$1T
/
Jan 2026
NT$236.1B
=
4.4
Current
NT$1T
/
Dec 2026
NT$248.8B
=
4.1
Forward
NT$1T
/
Dec 2027
NT$256.8B
=
3.9
Forward
NT$1T
/
Dec 2028
NT$262.6B
=
3.9
Forward

Forward EV/S shows whether today’s EV/S still looks high or low once future revenue are taken into account.

Peer Comparison

All Multiples
EV/S
P/E
All Countries
Close

Market Distribution

Higher than 75% of companies in Taiwan
Percentile
75th
Based on 871 companies
75th percentile
4.4
Low
0 — 1.3
Typical Range
1.3 — 3.6
High
3.6 —
Distribution Statistics
Taiwan
Min 0
30th Percentile 1.3
Median 2.1
70th Percentile 3.6
Max 385 201.6

Chunghwa Telecom Co Ltd
Glance View

Market Cap
1.1T TWD
Industry
Telecommunication

Chunghwa Telecom Co Ltd, Taiwan's premier telecommunications provider, has woven itself into the fabric of modern connectivity, playing a pivotal role in the digital lives of millions. Established in 1996, the company emerged from the governmental framework as a state-run monopoly to become a highly competitive and innovative enterprise. It is headquartered in Taipei, where the pulse of Taiwan's digital transformation resonates through its corporate corridors. The narrative of Chunghwa Telecom is one of evolution, marked by strategic pivots and technological advancements, ensuring its dominance in the region's telecom landscape. The company provides an extensive array of services, ranging from mobile and broadband to fixed-line and data communication, making it a cornerstone in the nation's communication infrastructure. Its operations are deeply integrated with Taiwan's economy, supporting both individual and corporate clientele. In its quest for innovation and growth, Chunghwa Telecom deftly combines technology with customer-centric strategies to generate revenue. The backbone of its financial success lies in its comprehensive telecommunications services, where it capitalizes on high-quality mobile offerings and cutting-edge fiber-optic broadband services. Chunghwa monetizes its widespread network by offering tiered pricing models that cater to different consumer needs, from basic connectivity to high-speed internet, ensuring high customer retention rates. Furthermore, its expanding ICT business and data solutions services cater to businesses grappling with digital transformation, providing additional streams of revenue. The company is not only enhancing traditional services but is also diving into areas like cloud computing and the Internet of Things (IoT), reflecting a forward-thinking approach that solidifies its market position while crafting the future of Taiwan's digital economy.

Intrinsic Value
126.32 TWD
Overvaluation 8%
Intrinsic Value
Price NT$137
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