CHT vs. T: Chunghwa Telecom vs. AT&T Stock Comparison
How do Chunghwa Telecom (CHT) and AT&T (T) 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 AT&T (T) 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.
AT&T (T) 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 | T |
|---|---|---|
| Name | Chunghwa Telecom Co., Ltd. Sponsored ADR | AT&T Inc. |
| 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 | Integrated Telecommunication Services |
| Market Capitalization | 34.33 billion USD | 143.83 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 18, 2003 | November 21, 1983 |
| Security Type | ADR | Common Stock |
Price Performance
Cumulative Growth
Trailing Returns
Performance Metrics
| Metric | CHT | T |
|---|---|---|
| Total Return (1Y) | -1.54% | -25.35% |
Risk Profile
Drawdown History
AT&T (T) is heavily traded at around 45.18M shares per day, whereas Chunghwa Telecom (CHT) sees a more moderate 142.03K — larger orders in the latter may require more patience and tighter control over order sizing.
Risk Metrics
| Metric | CHT | T |
|---|---|---|
| Volatility (1Y, Annualized) | 13.31% | 23.40% |
| Beta (5Y) | 0.29 | 0.23 |
| Avg. Volume (3M) | 142.03K | 45.18M |
Risk-Adjusted Performance
Risk-Return Positioning
Profitability
ROE (TTM)
AT&T (T) at 18.37% sits in the top ROE quartile, while Chunghwa Telecom (CHT) at 9.99% is closer to the peer norm — stronger capital efficiency for T.
CHT
Telecommunication Services industry group
9.99%
- Max
- 43.27%
- Q3
- 17.95%
- CHT
- 9.99%
- Median
- 6.68%
- Q1
- -7.45%
- Min
- -37.75%
T
Telecommunication Services industry group
18.37%
- Max
- 43.27%
- T
- 18.37%
- Q3
- 17.95%
- Median
- 6.68%
- Q1
- -7.45%
- Min
- -37.75%
Net Margin (TTM)
For every dollar of sales, both Chunghwa Telecom (CHT) at 16.24% and AT&T (T) at 16.94% retain more as net profit than most peers, landing in the top net margin quartile of their industries.
CHT
Telecommunication Services industry group
16.24%
- Max
- 41.74%
- CHT
- 16.24%
- Q3
- 12.36%
- Median
- 5.02%
- Q1
- -11.20%
- Min
- -45.00%
T
Telecommunication Services industry group
16.94%
- Max
- 41.74%
- T
- 16.94%
- Q3
- 12.36%
- Median
- 5.02%
- Q1
- -11.20%
- Min
- -45.00%
Operating Margin (TTM)
Both Chunghwa Telecom (CHT) at 21.84% and AT&T (T) at 22.72% convert sales into operating profit at a top-quartile rate, pointing to tighter cost discipline before financing and tax.
CHT
Telecommunication Services industry group
21.84%
- Max
- 35.60%
- CHT
- 21.84%
- Q3
- 21.32%
- Median
- 12.69%
- Q1
- 4.41%
- Min
- -8.71%
T
Telecommunication Services industry group
22.72%
- Max
- 35.60%
- T
- 22.72%
- Q3
- 21.32%
- Median
- 12.69%
- Q1
- 4.41%
- Min
- -8.71%
Profitability Metrics
| Metric | CHT | T |
|---|---|---|
| ROE (TTM) | 9.99% | 18.37% |
| ROA (TTM) | 5.67% | 4.12% |
| Net Margin (TTM) | 16.24% | 16.94% |
| Operating Margin (TTM) | 21.84% | 22.72% |
| Gross Margin (TTM) | 36.67% | 59.41% |
Growth
Revenue Growth
Revenue Growth Metrics
| Metric | CHT | T |
|---|---|---|
| Revenue Growth (YoY) | 2.70% | 2.71% |
| Revenue Growth (3Y CAGR) | 2.86% | 1.34% |
EPS Growth
EPS Growth Metrics
| Metric | CHT | T |
|---|---|---|
| EPS Growth (YoY) | 3.97% | 104.03% |
| EPS Growth (3Y CAGR) | 1.95% | -- |
Financial Strength
Current Ratio (MRQ)
Both Chunghwa Telecom (CHT) at 1.64 and AT&T (T) at 0.92 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
CHT
Telecommunication Services industry group
1.64
- Max
- 2.39
- Q3
- 1.66
- CHT
- 1.64
- Median
- 1.11
- Q1
- 0.92
- Min
- 0.25
T
Telecommunication Services industry group
0.92
- Max
- 2.39
- Q3
- 1.66
- Median
- 1.11
- T
- 0.92
- Q1
- 0.92
- Min
- 0.25
Debt / Equity (MRQ)
Chunghwa Telecom (CHT) at 0.10 keeps leverage in the lower industry quartile, while AT&T (T) at 1.25 runs a more typical debt-to-equity mix.
CHT
Telecommunication Services industry group
0.10
- Max
- 3.82
- Q3
- 2.05
- Median
- 1.00
- Q1
- 0.66
- CHT
- 0.10
- Min
- 0.00
T
Telecommunication Services industry group
1.25
- Max
- 3.82
- Q3
- 2.05
- T
- 1.25
- Median
- 1.00
- Q1
- 0.66
- Min
- 0.00
Financial Strength Metrics
| Metric | CHT | T |
|---|---|---|
| Current Ratio (MRQ) | 1.64 | 0.92 |
| Debt / Equity (MRQ) | 0.10 | 1.25 |
| Net Debt / EBITDA | -0.30 | 3.33 |
Dividends
Dividend Yield (TTM)
Chunghwa Telecom (CHT) at 11.69% delivers top-quartile income for its industry, while AT&T (T) at 5.09% pays a more typical yield — both are credible income propositions, CHT the richer one.
CHT
Telecommunication Services industry group
11.69%
- CHT
- 11.69%
- Max
- 11.69%
- Q3
- 5.53%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
T
Telecommunication Services industry group
5.09%
- Max
- 11.69%
- Q3
- 5.53%
- T
- 5.09%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
AT&T (T) at 37.37% pays out a band-typical share of earnings, while Chunghwa Telecom (CHT) at 96.91% distributes more than its industry norm — less retained, thinner cover.
CHT
Telecommunication Services industry group
96.91%
- Max
- 128.57%
- CHT
- 96.91%
- Q3
- 60.13%
- Median
- 7.71%
- Q1
- 0.00%
- Min
- 0.00%
T
Telecommunication Services industry group
37.37%
- Max
- 128.57%
- Q3
- 60.13%
- T
- 37.37%
- Median
- 7.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CHT | T |
|---|---|---|
| Dividend Yield (TTM) | 11.69% | 5.09% |
| Dividend Payout Ratio (TTM) | 96.91% | 37.37% |
Valuation
P/E Ratio (TTM)
AT&T (T) at 6.97 sits in the cheaper P/E ratio quartile, while Chunghwa Telecom (CHT) at 28.19 sits in the richer quartile — a clear split in what investors pay for each dollar of trailing earnings.
CHT
Telecommunication Services industry group
28.19
- Max
- 31.00
- CHT
- 28.19
- Q3
- 22.27
- Median
- 14.76
- Q1
- 8.29
- Min
- 2.58
T
Telecommunication Services industry group
6.97
- Max
- 31.00
- Q3
- 22.27
- Median
- 14.76
- Q1
- 8.29
- T
- 6.97
- Min
- 2.58
P/S Ratio (TTM)
Chunghwa Telecom (CHT) at 0.14 sits in the cheaper P/S ratio quartile while AT&T (T) at 1.14 prices around its industry’s middle — CHT costs less per dollar of sales, though read it alongside growth and margins.
CHT
Telecommunication Services industry group
0.14
- Max
- 3.38
- Q3
- 2.32
- Median
- 0.81
- Q1
- 0.37
- CHT
- 0.14
- Min
- 0.00
T
Telecommunication Services industry group
1.14
- Max
- 3.38
- Q3
- 2.32
- T
- 1.14
- Median
- 0.81
- Q1
- 0.37
- Min
- 0.00
P/B Ratio (MRQ)
AT&T (T) at 1.31 sits near its industry’s typical P/B ratio, while Chunghwa Telecom (CHT) at 11.05 prices above its benchmark range — CHT looks rich relative to book.
CHT
Telecommunication Services industry group
11.05
- CHT
- 11.05
- Max
- 7.42
- Q3
- 3.66
- Median
- 1.62
- Q1
- 0.75
- Min
- 0.01
T
Telecommunication Services industry group
1.31
- Max
- 7.42
- Q3
- 3.66
- Median
- 1.62
- T
- 1.31
- Q1
- 0.75
- Min
- 0.01
Valuation Metrics
| Metric | CHT | T |
|---|---|---|
| P/E Ratio (TTM) | 28.19 | 6.97 |
| P/S Ratio (TTM) | 0.14 | 1.14 |
| P/B Ratio (MRQ) | 11.05 | 1.31 |
| Free Cash Flow Yield (TTM) | 124.41% | 6.15% |