BCE vs. CHT: BCE vs. Chunghwa Telecom Stock Comparison

November 11, 2026

How do BCE (BCE) and Chunghwa Telecom (CHT) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.

Company Profile

BCE (BCE) and Chunghwa Telecom (CHT) are both classified in the Integrated Telecommunication Services sub-industry within the broader Diversified Telecommunication Services industry, placing them in the closest GICS peer bucket.

BCE (BCE) trades as ordinary local shares, while Chunghwa Telecom (CHT) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.

Company profile comparison for BCE (BCE) and Chunghwa Telecom (CHT)
Profile Item	BCE	CHT
Name	BCE Inc.	Chunghwa Telecom Co., Ltd. ADR
Country/Region	Canada	Taiwan
GICS Sector	Communication Services	Communication Services
GICS Industry Group	Telecommunication Services	Telecommunication Services
GICS Industry	Diversified Telecommunication Services	Diversified Telecommunication Services
GICS Sub-Industry	Integrated Telecommunication Services	Integrated Telecommunication Services
Market Capitalization	20.16 billion USD	38.67 billion USD
Currency	USD	USD
Exchange	NYSE	NYSE
Listing Date	November 15, 1982	July 18, 2003
Security Type	Common Stock	ADR

Price Performance

Cumulative Growth

BCE

CHT

GSPC

BCE (BCE) vs. Chunghwa Telecom (CHT), with S&P 500 (GSPC) for reference: Growth of a $10,000 investment over the past five years. Adjusted for dividends and splits.

Trailing Returns

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Trailing total returns for BCE (BCE) and Chunghwa Telecom (CHT). Returns over one year are annualized.

Calendar-Year Returns

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Calendar-year total returns for BCE (BCE) and Chunghwa Telecom (CHT). Each bar is that year's total return, measured year-end to year-end.

Performance Metrics

Price performance metrics for BCE (BCE) and Chunghwa Telecom (CHT)
Metric	BCE	CHT
Total Return (1Y)	-3.05%	19.62%
Total Return (3Y, Annualized)	-11.78%	14.66%
Total Return (5Y, Annualized)	-10.24%	8.18%

Risk Profile

Drawdown History

BCE

CHT

GSPC

BCE (BCE) vs. Chunghwa Telecom (CHT), with S&P 500 (GSPC) for reference: Drawdown from the running peak over the past five years. Each line shows the decline from its prior peak; 0% marks a new high.

Return Distribution

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Distribution of monthly total returns for BCE (BCE) and Chunghwa Telecom (CHT). Each bar is the share of months whose return fell in that 5% bucket.

Risk Metrics

Risk profile metrics for BCE (BCE) and Chunghwa Telecom (CHT)
Metric	BCE	CHT
Volatility (1Y, Annualized)	21.92%	13.20%
Beta (5Y)	0.52	0.26
Max Drawdown (5Y)	-56.57%	-23.70%
Avg. Volume (3M)	4.21M	202.75K

Risk-Adjusted Performance

Risk-Return Positioning

BCE and CHT are plotted by 1-year volatility (risk) and 1-year return. The dashed Capital Allocation Line runs from the risk-free rate through the shared industry median.

Risk-Adjusted Metrics

Risk-adjusted metrics for BCE (BCE) and Chunghwa Telecom (CHT)
Metric	BCE	CHT
Sharpe Ratio (1Y)	-0.33	1.16
Sortino Ratio (1Y)	-0.47	1.80

Profitability

ROE (TTM)

Both BCE (BCE) at 11.13% and Chunghwa Telecom (CHT) at 11.37% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.

BCE

Telecommunication Services industry group

11.13%

Max: 31.74%
Q3: 17.02%
BCE: 11.13%
Median: 7.32%
Q1: -5.16%
Min: -20.26%

CHT

Telecommunication Services industry group

11.37%

Max: 31.74%
Q3: 17.02%
CHT: 11.37%
Median: 7.32%
Q1: -5.16%
Min: -20.26%

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their ROE against the Telecommunication Services industry group benchmark.

Net Margin (TTM)

Chunghwa Telecom (CHT) at 16.61% retains a top-quartile share of revenue as profit, ahead of BCE (BCE) at 10.23%, which keeps about the industry-typical share.

BCE

Telecommunication Services industry group

10.23%

Max: 30.45%
Q3: 11.78%
BCE: 10.23%
Median: 7.20%
Q1: -3.86%
Min: -18.49%

CHT

Telecommunication Services industry group

16.61%

Max: 30.45%
CHT: 16.61%
Q3: 11.78%
Median: 7.20%
Q1: -3.86%
Min: -18.49%

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their net margin against the Telecommunication Services industry group benchmark.

Operating Margin (TTM)

BCE (BCE) at 23.89% operates in the top operating margin quartile, ahead of Chunghwa Telecom (CHT) at 22.75%, which runs around its industry’s norm.

BCE

Telecommunication Services industry group

23.89%

Max: 35.53%
BCE: 23.89%
Q3: 22.79%
Median: 12.87%
Q1: 0.82%
Min: -29.20%

CHT

Telecommunication Services industry group

22.75%

Max: 35.53%
Q3: 22.79%
CHT: 22.75%
Median: 12.87%
Q1: 0.82%
Min: -29.20%

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their operating margin against the Telecommunication Services industry group benchmark.

Profitability Metrics

Profitability metrics for BCE (BCE) and Chunghwa Telecom (CHT)
Metric	BCE	CHT
ROE (TTM)	11.13%	11.37%
ROA (TTM)	4.22%	6.40%
Net Margin (TTM)	10.23%	16.61%
Operating Margin (TTM)	23.89%	22.75%
Gross Margin (TTM)	44.92%	36.82%

Growth

Revenue Growth

Chunghwa Telecom (CHT) at 2.70% is around its peer norm for revenue growth, while BCE (BCE) at 0.24% drops into the bottom quartile, signaling weaker demand or pricing momentum.

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their Revenue Growth across different time periods.

EPS Growth

BCE (BCE) at 3,672.22% clears its industry range for EPS growth, a much stronger earnings trajectory than Chunghwa Telecom (CHT) at 3.97%, which is closer to a typical peer reading.

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their EPS Growth across different time periods.

Growth Metrics

Growth metrics for BCE (BCE) and Chunghwa Telecom (CHT)
Metric	BCE	CHT
Revenue Growth (YoY)	0.24%	2.70%
Revenue Growth (3Y CAGR)	0.40%	2.86%
EPS Growth (YoY)	3,672.22%	3.97%
EPS Growth (3Y CAGR)	31.59%	1.95%

Financial Strength

Current Ratio (MRQ)

Chunghwa Telecom (CHT) at 1.36 keeps current ratio within its industry’s typical mid-range, while BCE (BCE) at 0.62 runs in the tighter-liquidity quartile — a thinner cushion against current liabilities for BCE.

BCE

Telecommunication Services industry group

0.62

Max: 2.85
Q3: 1.64
Median: 0.97
Q1: 0.78
BCE: 0.62
Min: 0.26

CHT

Telecommunication Services industry group

1.36

Max: 2.85
Q3: 1.64
CHT: 1.36
Median: 0.97
Q1: 0.78
Min: 0.26

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their current ratio against the Telecommunication Services industry group benchmark.

Debt / Equity (MRQ)

Chunghwa Telecom (CHT) at 0.07 keeps leverage in the lower industry quartile, while BCE (BCE) at 1.70 runs a more typical debt-to-equity mix.

BCE

Telecommunication Services industry group

1.70

Max: 3.94
Q3: 2.11
BCE: 1.70
Median: 1.32
Q1: 0.65
Min: 0.00

CHT

Telecommunication Services industry group

0.07

Max: 3.94
Q3: 2.11
Median: 1.32
Q1: 0.65
CHT: 0.07
Min: 0.00

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their debt-to-equity ratio against the Telecommunication Services industry group benchmark.

Financial Strength Metrics

Financial strength metrics for BCE (BCE) and Chunghwa Telecom (CHT)
Metric	BCE	CHT
Current Ratio (MRQ)	0.62	1.36
Debt / Equity (MRQ)	1.70	0.07
Net Debt / EBITDA	4.67	-0.05

Dividends

Dividend Yield (TTM)

Chunghwa Telecom (CHT) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile BCE (BCE) reports a yield of 7.94%, ranking against industry peers normally.

BCE

Telecommunication Services industry group

7.94%

BCE: 7.94%
Max: 6.10%
Q3: 2.63%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

CHT

Telecommunication Services industry group

0.00%

Max: 6.10%
Q3: 2.63%
CHT: 0.00%
Median: 0.00%
Q1: 0.00%
Min: 0.00%

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their dividend yield against the Telecommunication Services industry group benchmark.

Dividend Payout Ratio (TTM)

Chunghwa Telecom (CHT) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile BCE (BCE) reports a payout of 68.09%, ranking against industry peers normally.

BCE

Telecommunication Services industry group

68.09%

Max: 121.72%
Q3: 68.18%
BCE: 68.09%
Median: 4.06%
Q1: 0.00%
Min: 0.00%

CHT

Telecommunication Services industry group

0.00%

Max: 121.72%
Q3: 68.18%
Median: 4.06%
CHT: 0.00%
Q1: 0.00%
Min: 0.00%

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their payout ratio against the Telecommunication Services industry group benchmark.

Dividend Metrics

Dividend metrics for BCE (BCE) and Chunghwa Telecom (CHT)
Metric	BCE	CHT
Dividend Yield (TTM)	7.94%	0.00%
Dividend Payout Ratio (TTM)	68.09%	0.00%

Valuation

P/E Ratio (TTM)

BCE (BCE) at 11.69 is near its industry’s usual P/E ratio, while Chunghwa Telecom (CHT) at 30.40 sits in the richer quartile — CHT needs stronger growth or earnings quality to justify the premium.

BCE

Telecommunication Services industry group

11.69

Max: 30.40
Q3: 23.75
Median: 13.30
BCE: 11.69
Q1: 8.65
Min: 2.50

CHT

Telecommunication Services industry group

30.40

CHT: 30.40
Max: 30.40
Q3: 23.75
Median: 13.30
Q1: 8.65
Min: 2.50

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their P/E ratio against the Telecommunication Services industry group benchmark.

P/S Ratio (TTM)

Chunghwa Telecom (CHT) at 0.15 sits in the cheaper P/S ratio quartile while BCE (BCE) at 0.81 prices around its industry’s middle — CHT costs less per dollar of sales, though read it alongside growth and margins.

BCE

Telecommunication Services industry group

0.81

Max: 3.01
Q3: 1.73
BCE: 0.81
Median: 0.81
Q1: 0.36
Min: 0.00

CHT

Telecommunication Services industry group

0.15

Max: 3.01
Q3: 1.73
Median: 0.81
Q1: 0.36
CHT: 0.15
Min: 0.00

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their P/S ratio against the Telecommunication Services industry group benchmark.

P/B Ratio (MRQ)

BCE (BCE) at 1.35 sits near its industry’s typical P/B ratio, while Chunghwa Telecom (CHT) at 13.30 prices above its benchmark range — CHT looks rich relative to book.

BCE

Telecommunication Services industry group

1.35

Max: 8.10
Q3: 3.98
Median: 1.53
BCE: 1.35
Q1: 0.65
Min: -2.39

CHT

Telecommunication Services industry group

13.30

CHT: 13.30
Max: 8.10
Q3: 3.98
Median: 1.53
Q1: 0.65
Min: -2.39

BCE (BCE) vs. Chunghwa Telecom (CHT): A comparison of their P/B ratio against the Telecommunication Services industry group benchmark.

Valuation Metrics

Valuation metrics for BCE (BCE) and Chunghwa Telecom (CHT)
Metric	BCE	CHT
P/E Ratio (TTM)	11.69	30.40
P/S Ratio (TTM)	0.81	0.15
P/B Ratio (MRQ)	1.35	13.30
Free Cash Flow Yield (TTM)	11.99%	93.58%