WallStSmart
CHT

Chunghwa Telecom Co Ltd

NYSE: CHT · COMMUNICATION SERVICES · TELECOM SERVICES

$42.97
-1.38% today

Updated 2026-04-29

Market cap
$33.33B
P/E ratio
27.20
P/S ratio
0.14x
EPS (TTM)
$1.58
Dividend yield
3.89%
52W range
$39 – $46
Volume
0.2M
OverviewPrice TargetsFinancialsValuationInsidersEarnings

Chunghwa Telecom Co Ltd (CHT) Financial Forecast & Price Target 2030

Research-backed projections from analyst consensus, management guidance, and sector analysis.

Price target summary

Current
$42.97
Consensus
$44.86
+4.40%
2030 Target
$4,147.70
+9552.55%
DCF
$199.96
+78.78% MoS
8 analysts:
3 Buy4 Hold1 Sell

Management guidance

CHT reported 2025 revenue of 236.11B TWD with 2.67% growth. Management has not provided specific revenue targets beyond 2026 in available guidance. The company is investing heavily in 5G monetization, AI infrastructure, submarine cables, and international expansion, with NT$2.9B+ committed to cable upgrades and strategic partnerships with Nokia and Ericsson for 5G-Advanced and Pre-6G capabilities.

Sources: Management guidance, analyst consensus, sector analysishigh confidence

Revenue & price projection

Actual revenue Projected revenue Base case Bull to bear range
Bull case (2030)
$6,912.83
$269.1B Rev × 20x P/S
Base case (2030)
$4,147.70
$269.1B Rev × 12x P/S
Bear case (2030)
$2,765.13
$269.1B Rev × 8x P/S

Financial forecast — research-backed

Metric2023202420252026 (E)2027 (E)2028 (E)2029 (E)2030 (E)
Revenue$221.5B$228.6B$236.1B$241.9B$247.8B$254.1B$261.2B$269.1B
Revenue growth—3.2%3.3%2.5%2.4%2.5%2.8%3.0%
EPS$3.16$1.49$2.48$1.65$1.71$1.78$1.86$1.95
P/S ratio———12.0x12.0x12.0x12.0x12.0x
Implied price———$3,727.84$3,816.90$3,914.44$4,024.71$4,147.70

Catalysts & risks

Growth catalysts
+ 5G monetization acceleration through enterprise ICT and data center services
+ International submarine cable investments (AUG East, SJC2) driving international revenue
+ Strategic partnerships with Nokia and Ericsson for 5G-Advanced and Pre-6G network development
+ AI infrastructure expansion including data centers and all-photonics network deployment
+ High-Speed Rail 2.0 upgrade project demonstrating infrastructure modernization demand
+ Green energy initiatives (RE100 by 2040) reducing opex and enhancing ESG positioning
Key risks
- Mature Taiwan telecom market with limited domestic growth headroom (2.6% 5Y CAGR)
- Intense competitive pressure from Far EasTone and Taiwan Mobile in mobile segment
- Regulatory and geopolitical risks in Taiwan affecting capex and operations
- Legacy fixed-line business declining as consumer behavior shifts to mobile/broadband
- Currency risk from TWD/USD exposure on international operations
- High debt service requirements limiting capex flexibility despite low leverage (0.10 Debt/Eq)

Methodology

Chunghwa Telecom Co Ltd's forward estimates are derived from AI-powered research synthesis combining analyst consensus from 8 Wall Street analysts, management guidance from the latest earnings call, and sector growth forecasts from industry research. Revenue and EPS projections use analyst consensus where available and conservative extrapolation with growth deceleration for outer years. Price targets are calculated using a tiered Price-to-Sales (P/S) methodology, where the P/S multiple is determined by the projected revenue growth rate.

WallStSmart proprietary research model · Not financial advice · Past performance is not indicative of future results · Last researched: April 7, 2026.