WallStSmart

Chunghwa Telecom Co Ltd (CHT)vsAT&T Inc (T)

VS

Smart Verdict

WallStSmart Research — data-driven comparison

Chunghwa Telecom Co Ltd generates 87% more annual revenue ($236.11B vs $126.53B). T leads profitability with a 16.9% profit margin vs 16.4%. CHT appears more attractively valued with a PEG of 1.69. T earns a higher WallStSmart Score of 64/100 (C+).

CHT

Buy

57

out of 100

Grade: C

Growth: 4.0Profit: 7.0Value: 6.7Quality: 7.5
Piotroski: 6/9Altman Z: 2.95

T

Buy

64

out of 100

Grade: C+

Growth: 3.3Profit: 7.5Value: 7.3Quality: 5.0
IV

Intrinsic Value Comparison

Multi-model valuation · Graham Formula

CHTUndervalued (+78.7%)

Margin of Safety

+78.7%

Fair Value

$199.21

Current Price

$43.18

$156.03 discount

UndervaluedFair: $199.21Overvalued
TUndervalued (+18.9%)

Margin of Safety

+18.9%

Fair Value

$32.20

Current Price

$25.90

$6.30 discount

UndervaluedFair: $32.20Overvalued

Key Strengths & Concerns

Side-by-side fundamental analysis

Key Strengths

CHT2 strengths · Avg: 10.0/10
Debt/EquityHealth
0.0710/10

Conservative balance sheet, low leverage

Free Cash FlowQuality
$21.65B10/10

Generating 21.6B in free cash flow

T5 strengths · Avg: 8.6/10
P/E RatioValuation
8.6x10/10

Attractively priced relative to earnings

Market CapQuality
$181.49B9/10

Large-cap with strong market position

Price/BookValuation
1.6x8/10

Reasonable price relative to book value

Operating MarginProfitability
22.7%8/10

Strong operational efficiency at 22.7%

Free Cash FlowQuality
$2.68B8/10

Generating 2.7B in free cash flow

Areas to Watch

CHT4 concerns · Avg: 4.0/10
PEG RatioValuation
1.694/10

Expensive relative to growth rate

P/E RatioValuation
27.3x4/10

Moderate valuation

Price/BookValuation
11.0x4/10

Trading at 11.0x book value

Revenue GrowthGrowth
0.5%4/10

0.5% revenue growth

T3 concerns · Avg: 3.3/10
PEG RatioValuation
1.824/10

Expensive relative to growth rate

Revenue GrowthGrowth
2.9%4/10

2.9% revenue growth

EPS GrowthGrowth
-11.3%2/10

Earnings declined 11.3%

Comparative Analysis Report

WallStSmart Research

Bull Case : CHT

The strongest argument for CHT centers on Debt/Equity, Free Cash Flow. Profitability is solid with margins at 16.4% and operating margin at 17.5%.

Bull Case : T

The strongest argument for T centers on P/E Ratio, Market Cap, Price/Book. Profitability is solid with margins at 16.9% and operating margin at 22.7%.

Bear Case : CHT

The primary concerns for CHT are PEG Ratio, P/E Ratio, Price/Book.

Bear Case : T

The primary concerns for T are PEG Ratio, Revenue Growth, EPS Growth.

Key Dynamics to Monitor

T carries more volatility with a beta of 0.54 — expect wider price swings.

T is growing revenue faster at 2.9% — sustainability is the question.

CHT generates stronger free cash flow (21.6B), providing more financial flexibility.

Monitor TELECOM SERVICES industry trends, competitive dynamics, and regulatory changes.

Bottom Line

T scores higher overall (64/100 vs 57/100), backed by strong 16.9% margins. CHT offers better value entry with a 78.7% margin of safety. Both earn "Buy" and "Buy" ratings respectively — the choice depends on your investment horizon and risk tolerance.

This analysis is generated from publicly available financial data. Not financial advice.

Chunghwa Telecom Co Ltd

COMMUNICATION SERVICES · TELECOM SERVICES · USA

Chunghwa Telecom Co., Ltd. provides telecommunications services in Taiwan. The company is headquartered in Taipei City, Taiwan.

AT&T Inc

COMMUNICATION SERVICES · TELECOM SERVICES · USA

AT&T Inc. is an American multinational conglomerate holding company, Delaware-registered but headquartered at Whitacre Tower in Downtown Dallas, Texas. It is the world largest telecommunications company, and the second largest provider of mobile telephone services.

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