CHT vs. SPCX: Chunghwa Telecom vs. Space Exploration Stock Comparison
How do Chunghwa Telecom (CHT) and Space Exploration (SPCX) 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
Chunghwa Telecom (CHT) and Space Exploration (SPCX) both belong to the Diversified Telecommunication Services industry, though CHT is classified under Integrated Telecommunication Services while SPCX falls under Alternative Carriers.
Chunghwa Telecom (CHT) has been public since July 18, 2003, giving it decades of market history across multiple cycles, while Space Exploration (SPCX) listed only on June 12, 2026 and lacks comparable through-cycle data.
Space Exploration (SPCX) 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.
| Profile Item | CHT | SPCX |
|---|---|---|
| Name | Chunghwa Telecom Co., Ltd. Sponsored ADR | Space Exploration Technologies Corp. Class A |
| Country/Region | Taiwan | United States |
| 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 | Alternative Carriers |
| Market Capitalization | 32.98 billion USD | 1,754.63 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 18, 2003 | June 12, 2026 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CHT | SPCX |
|---|---|---|
| Total Return (1Y) | -2.09% | -- |
| Total Return (3Y, Annualized) | 9.14% | -- |
| Total Return (5Y, Annualized) | 4.57% | -- |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
Space Exploration (SPCX) has a highly aggressive beta of 16.03, indicating much higher sensitivity to broad-market moves, while Chunghwa Telecom (CHT) is defensive at 0.28 and tends to be less market-sensitive — a wide gap in beta profiles.
Space Exploration (SPCX) is heavily traded at around 120.78M shares per day, whereas Chunghwa Telecom (CHT) sees a more moderate 159.19K — larger orders in the latter may require more patience and tighter control over order sizing.
| Metric | CHT | SPCX |
|---|---|---|
| Volatility (1Y, Annualized) | 12.88% | 111.60% |
| Beta (5Y) | 0.28 | 16.03 |
| Max Drawdown (5Y) | -23.70% | -48.78% |
| Avg. Volume (3M) | 159.19K | 120.78M |
Risk-Adjusted Performance
Risk-Return Positioning
Both CHT and SPCX need 1-year volatility and 1-year return to plot risk-return positioning.
Risk-Adjusted Metrics
| Metric | CHT | SPCX |
|---|---|---|
| Sharpe Ratio (1Y) | -0.48 | -- |
| Sortino Ratio (1Y) | -0.68 | -- |
Profitability
ROE (TTM)
Capital efficiency shows on one side only: Chunghwa Telecom (CHT) earns 10.84% on shareholders’ equity, ranked against its industry; Space Exploration (SPCX) has no ROE this period.
CHT
Telecommunication Services industry group
10.84%
- Max
- 43.27%
- Q3
- 18.08%
- CHT
- 10.84%
- Median
- 7.42%
- Q1
- -6.78%
- Min
- -37.75%
SPCX
Telecommunication Services industry group
--
- Max
- 43.27%
- Q3
- 18.08%
- Median
- 7.42%
- Q1
- -6.78%
- Min
- -37.75%
- SPCX
- --
Net Margin (TTM)
Space Exploration (SPCX) reports a negative net margin of -35.66%, usually indicating a net loss over the period. Meanwhile Chunghwa Telecom (CHT) reports 16.12%, ranking against industry peers normally.
CHT
Telecommunication Services industry group
16.12%
- Max
- 30.45%
- CHT
- 16.12%
- Q3
- 11.92%
- Median
- 4.93%
- Q1
- -4.99%
- Min
- -18.49%
SPCX
Telecommunication Services industry group
-35.66%
- Max
- 30.45%
- Q3
- 11.92%
- Median
- 4.93%
- Q1
- -4.99%
- Min
- -18.49%
- SPCX
- -35.66%
Operating Margin (TTM)
Space Exploration (SPCX) reports a negative operating margin of -1.80%, usually indicating that operating costs exceeded revenue at the operating-income line. Meanwhile Chunghwa Telecom (CHT) reports 21.61%, ranking against industry peers normally.
CHT
Telecommunication Services industry group
21.61%
- Max
- 36.58%
- CHT
- 21.61%
- Q3
- 21.31%
- Median
- 11.74%
- Q1
- 1.33%
- Min
- -7.37%
SPCX
Telecommunication Services industry group
-1.80%
- Max
- 36.58%
- Q3
- 21.31%
- Median
- 11.74%
- Q1
- 1.33%
- SPCX
- -1.80%
- Min
- -7.37%
Profitability Metrics
| Metric | CHT | SPCX |
|---|---|---|
| ROE (TTM) | 10.84% | -- |
| ROA (TTM) | 5.69% | -- |
| Net Margin (TTM) | 16.12% | -35.66% |
| Operating Margin (TTM) | 21.61% | -1.80% |
| Gross Margin (TTM) | 36.04% | 51.88% |
Growth
Revenue Growth
Space Exploration (SPCX) at 33.24% clears its industry range for revenue growth, far stronger top-line momentum than Chunghwa Telecom (CHT) at 2.70%, which is closer to a typical peer reading.
EPS Growth
Chunghwa Telecom (CHT) at 3.97% is around its peer norm for EPS growth, while Space Exploration (SPCX) at -25,600.00% falls below its industry range, a notably weak earnings reading.
Growth Metrics
| Metric | CHT | SPCX |
|---|---|---|
| Revenue Growth (YoY) | 2.70% | 33.24% |
| Revenue Growth (3Y CAGR) | 2.86% | -- |
| EPS Growth (YoY) | 3.97% | -25,600.00% |
| EPS Growth (3Y CAGR) | 1.95% | -- |
Financial Strength
Current Ratio (MRQ)
Chunghwa Telecom (CHT) at 1.41 keeps current ratio within its industry’s typical mid-range, while Space Exploration (SPCX) at 5.12 sits above its industry’s typical mid-range — comfortable liquidity, though possibly with more idle current assets relative to peers.
CHT
Telecommunication Services industry group
1.41
- Max
- 2.78
- Q3
- 1.78
- CHT
- 1.41
- Median
- 1.19
- Q1
- 0.83
- Min
- 0.25
SPCX
Telecommunication Services industry group
5.12
- SPCX
- 5.12
- Max
- 2.78
- Q3
- 1.78
- Median
- 1.19
- Q1
- 0.83
- Min
- 0.25
Debt / Equity (MRQ)
Both Chunghwa Telecom (CHT) at 0.07 and Space Exploration (SPCX) at 0.31 keep leverage in the lower quartile of their industries, with less balance-sheet debt relative to equity than most peers.
CHT
Telecommunication Services industry group
0.07
- Max
- 3.79
- Q3
- 2.20
- Median
- 0.99
- Q1
- 0.64
- CHT
- 0.07
- Min
- 0.00
SPCX
Telecommunication Services industry group
0.31
- Max
- 3.79
- Q3
- 2.20
- Median
- 0.99
- Q1
- 0.64
- SPCX
- 0.31
- Min
- 0.00
Financial Strength Metrics
| Metric | CHT | SPCX |
|---|---|---|
| Current Ratio (MRQ) | 1.41 | 5.12 |
| Debt / Equity (MRQ) | 0.07 | 0.31 |
| Net Debt / EBITDA | -0.66 | -10.23 |
Dividends
Dividend Yield (TTM)
Neither Chunghwa Telecom (CHT) nor Space Exploration (SPCX) pays a dividend this period — they may reinvest, use buybacks, or simply not return cash through dividends.
CHT
Telecommunication Services industry group
0.00%
- Max
- 7.20%
- Q3
- 3.30%
- CHT
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
SPCX
Telecommunication Services industry group
0.00%
- Max
- 7.20%
- Q3
- 3.30%
- SPCX
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Space Exploration (SPCX) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Chunghwa Telecom (CHT) reports a payout of 96.91%, ranking against industry peers normally.
CHT
Telecommunication Services industry group
96.91%
- Max
- 128.57%
- CHT
- 96.91%
- Q3
- 71.07%
- Median
- 7.71%
- Q1
- 0.00%
- Min
- 0.00%
SPCX
Telecommunication Services industry group
0.00%
- Max
- 128.57%
- Q3
- 71.07%
- Median
- 7.71%
- SPCX
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CHT | SPCX |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 0.00% |
| Dividend Payout Ratio (TTM) | 96.91% | 0.00% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Chunghwa Telecom (CHT) trades at 27.26 times trailing earnings, ranked against its peers, while Space Exploration (SPCX) has no P/E ratio this period.
CHT
Telecommunication Services industry group
27.26
- CHT
- 27.26
- Max
- 27.26
- Q3
- 21.14
- Median
- 15.01
- Q1
- 8.97
- Min
- 2.50
SPCX
Telecommunication Services industry group
--
- Max
- 27.26
- Q3
- 21.14
- Median
- 15.01
- Q1
- 8.97
- Min
- 2.50
- SPCX
- --
P/S Ratio (TTM)
Chunghwa Telecom (CHT) at 0.13 sits in the cheaper P/S ratio quartile while Space Exploration (SPCX) at 76.14 prices above its industry range — a wide gap in sales valuation between them.
CHT
Telecommunication Services industry group
0.13
- Max
- 3.01
- Q3
- 2.04
- Median
- 0.84
- Q1
- 0.37
- CHT
- 0.13
- Min
- 0.00
SPCX
Telecommunication Services industry group
76.14
- SPCX
- 76.14
- Max
- 3.01
- Q3
- 2.04
- Median
- 0.84
- Q1
- 0.37
- Min
- 0.00
P/B Ratio (MRQ)
Measured against book value, both Chunghwa Telecom (CHT) at 11.08 and Space Exploration (SPCX) at 13.79 look expensive — each P/B ratio sits above its industry’s benchmark range.
CHT
Telecommunication Services industry group
11.08
- CHT
- 11.08
- Max
- 7.24
- Q3
- 3.97
- Median
- 1.74
- Q1
- 0.75
- Min
- 0.01
SPCX
Telecommunication Services industry group
13.79
- SPCX
- 13.79
- Max
- 7.24
- Q3
- 3.97
- Median
- 1.74
- Q1
- 0.75
- Min
- 0.01
Valuation Metrics
| Metric | CHT | SPCX |
|---|---|---|
| P/E Ratio (TTM) | 27.26 | -- |
| P/S Ratio (TTM) | 0.13 | 76.14 |
| P/B Ratio (MRQ) | 11.08 | 13.79 |
| Free Cash Flow Yield (TTM) | -- | -- |