Stocktoria

Chunghwa Telecom Co., Ltd. 2412.TW

TW · Taiwan Stock Exchange · XTAI · stock · Communication Services · website

Chunghwa Telecom Co., Ltd. statistics & valuation

Market capNT$1.05T
P / E27.1×
P / S4.5×
P / B2.7×
P / FCF21.1×
Net margin16.5%
FCF margin21.1%
Net debtNT$1.1B
Enterprise value USD$33.1B
Earnings yield EBIT/EV4.6%
Return on capital10.7%
Graham number -45.2%NT$74.49

Multiples are price-derived and refreshed daily; everything else from the latest financial reports. The Graham number is Benjamin Graham's rough maximum fair value (NT$74.49); a green figure means the price is below it.

Profitability & efficiency

Net margin (%)
16.90% 16.70% 16.30% 16.50% 2022202320242025
Gross margin (%)
36.60% 36.00% 35.90% 36.50% 2022202320242025
Operating margin (%)
21.70% 21.20% 20.50% 20.70% 2022202320242025
Return on equity (%)
9.60% 9.70% 9.70% 10.10% 2022202320242025
Shares outstanding
7.76B 7.76B 7.76B 7.76B 2022202320242025
Net debt (NT$)
-NT$6.72B NT$9.82B NT$6.97B NT$1.07B 2022202320242025
Share buybacks (NT$)
2022202320242025
Return on assets (%)
7.00% 7.10% 7.00% 7.20% 2022202320242025
Free cash flow margin (%)
19.70% 22.70% 19.10% 21.10% 2022202320242025
Debt / equity (×)
0.11× 0.11× 0.11× 0.10× 2022202320242025
EPS (NT$)
NT$4.70 NT$4.75 NT$4.79 NT$4.98 2022202320242025

Margins and returns computed from annual filings. Falling shares outstanding = buybacks; rising = dilution. Net debt = debt − cash (negative = net cash).

P / E vs its own history

Chunghwa Telecom Co., Ltd. trades at about 27.3× earnings — near its 10-year norm (10-year range 23.9×–26.8×, median 26×).

23.9× 27.3×

Shaded band = 10-year range (23.9×–26.8×); dot = today's 27.3×.

Historical P/E = month-end price near each fiscal year-end ÷ that year's EPS. A read on whether the stock is cheap or dear relative to how it has typically been valued — not a forecast.

Key ratios (by fiscal year)

RatioFY2025FY2024FY2023FY2022
Gross margin36.5%35.9%36.0%36.6%
Operating margin20.7%20.5%21.2%21.7%
Net margin16.5%16.3%16.7%16.9%
FCF margin21.1%19.1%22.7%19.7%
Return on assets7.2%7.0%7.1%7.0%
Return on equity10.1%9.7%9.7%9.6%
Debt / equity0.06×0.06×0.08×0.08×
Current ratio1.451.381.521.50

Computed from company filings · TW · as of 2025-12-31. Figures in TWD. Facts plus Stocktoria's own computed scores — not investment advice.