CHT vs. TME: A Head-to-Head Stock Comparison
Updated onHere’s a clear look at CHT and TME, comparing key factors like historical performance, profitability, financial strength, growth, dividend, and valuation.
Company Profile
Both CHT and TME are American Depositary Receipts (ADRs). This provides U.S. investors with straightforward access to investing in these foreign-listed companies.
| Symbol | CHT | TME |
|---|---|---|
| Company Name | Chunghwa Telecom Co., Ltd. | Tencent Music Entertainment Group |
| Country | Taiwan | China |
| GICS Sector | Communication Services | Communication Services |
| GICS Industry | Diversified Telecommunication Services | Entertainment |
| Market Capitalization | 34.89 billion USD | 40.09 billion USD |
| Exchange | NYSE | NYSE |
| Listing Date | July 18, 2003 | December 12, 2018 |
| Security Type | ADR | ADR |
Historical Performance
This chart compares the performance of CHT and TME by tracking the growth of an initial $10,000 investment in each. Use the tabs to select the desired time period. Data is adjusted for dividends and splits.
Historical Performance at a Glance
| Symbol | CHT | TME |
|---|---|---|
| 5-Day Price Return | 1.51% | 16.52% |
| 13-Week Price Return | 3.86% | 78.65% |
| 26-Week Price Return | 6.75% | 112.10% |
| 52-Week Price Return | 8.26% | 94.97% |
| Month-to-Date Return | 4.26% | 21.96% |
| Year-to-Date Return | 8.91% | 125.55% |
| 10-Day Avg. Volume | 9.92M | 6.80M |
| 3-Month Avg. Volume | 11.99M | 6.99M |
| 3-Month Volatility | 12.54% | 48.17% |
| Beta | -0.07 | 0.52 |
Profitability
Return on Equity (TTM)
CHT
9.91%
Diversified Telecommunication Services Industry
- Max
- 35.96%
- Q3
- 14.90%
- Median
- 8.29%
- Q1
- -0.99%
- Min
- -18.19%
CHT’s Return on Equity of 9.91% is on par with the norm for the Diversified Telecommunication Services industry, indicating its profitability relative to shareholder equity is typical for the sector.
TME
10.55%
Entertainment Industry
- Max
- 42.50%
- Q3
- 22.75%
- Median
- 12.88%
- Q1
- 7.15%
- Min
- -6.84%
TME’s Return on Equity of 10.55% is on par with the norm for the Entertainment industry, indicating its profitability relative to shareholder equity is typical for the sector.
Net Profit Margin (TTM)
CHT
16.27%
Diversified Telecommunication Services Industry
- Max
- 28.40%
- Q3
- 13.05%
- Median
- 6.85%
- Q1
- -0.81%
- Min
- -18.76%
A Net Profit Margin of 16.27% places CHT in the upper quartile for the Diversified Telecommunication Services industry, signifying strong profitability and more effective cost management than most of its peers.
TME
32.82%
Entertainment Industry
- Max
- 45.25%
- Q3
- 23.93%
- Median
- 14.60%
- Q1
- 4.89%
- Min
- -22.94%
A Net Profit Margin of 32.82% places TME in the upper quartile for the Entertainment industry, signifying strong profitability and more effective cost management than most of its peers.
Operating Profit Margin (TTM)
CHT
20.60%
Diversified Telecommunication Services Industry
- Max
- 37.46%
- Q3
- 22.24%
- Median
- 15.73%
- Q1
- 9.79%
- Min
- 2.06%
CHT’s Operating Profit Margin of 20.60% is around the midpoint for the Diversified Telecommunication Services industry, indicating that its efficiency in managing core business operations is typical for the sector.
TME
26.95%
Entertainment Industry
- Max
- 46.83%
- Q3
- 28.87%
- Median
- 15.26%
- Q1
- 8.95%
- Min
- -5.53%
TME’s Operating Profit Margin of 26.95% is around the midpoint for the Entertainment industry, indicating that its efficiency in managing core business operations is typical for the sector.
Profitability at a Glance
| Symbol | CHT | TME |
|---|---|---|
| Return on Equity (TTM) | 9.91% | 10.55% |
| Return on Assets (TTM) | 7.11% | 7.89% |
| Net Profit Margin (TTM) | 16.27% | 32.82% |
| Operating Profit Margin (TTM) | 20.60% | 26.95% |
| Gross Profit Margin (TTM) | 36.60% | 43.11% |
Financial Strength
Current Ratio (MRQ)
CHT
1.63
Diversified Telecommunication Services Industry
- Max
- 1.63
- Q3
- 1.14
- Median
- 0.92
- Q1
- 0.68
- Min
- 0.16
CHT’s Current Ratio of 1.63 is in the upper quartile for the Diversified Telecommunication Services industry. This signifies a strong liquidity position, suggesting the company is well-equipped to cover its immediate liabilities compared to its peers.
TME
2.09
Entertainment Industry
- Max
- 6.80
- Q3
- 3.77
- Median
- 1.87
- Q1
- 0.86
- Min
- 0.39
TME’s Current Ratio of 2.09 aligns with the median group of the Entertainment industry, indicating that its short-term liquidity is in line with its sector peers.
Debt-to-Equity Ratio (MRQ)
CHT
0.11
Diversified Telecommunication Services Industry
- Max
- 3.82
- Q3
- 2.06
- Median
- 1.32
- Q1
- 0.74
- Min
- 0.11
Falling into the lower quartile for the Diversified Telecommunication Services industry, CHT’s Debt-to-Equity Ratio of 0.11 points to a conservative financing strategy. This results in lower financial risk but potentially limits strategic investments compared to more leveraged competitors.
TME
0.09
Entertainment Industry
- Max
- 1.65
- Q3
- 0.71
- Median
- 0.14
- Q1
- 0.04
- Min
- 0.00
TME’s Debt-to-Equity Ratio of 0.09 is typical for the Entertainment industry, indicating its use of leverage is in line with the sector norm. This suggests a balanced approach to its capital structure.
Interest Coverage Ratio (TTM)
CHT
166.33
Diversified Telecommunication Services Industry
- Max
- 14.66
- Q3
- 8.25
- Median
- 3.53
- Q1
- 1.47
- Min
- -2.60
With an Interest Coverage Ratio of 166.33, CHT demonstrates a superior capacity to service its debt, placing it well above the typical range for the Diversified Telecommunication Services industry. This stems from either robust earnings or a conservative debt load.
TME
--
Entertainment Industry
- Max
- 62.11
- Q3
- 31.19
- Median
- 7.50
- Q1
- 2.02
- Min
- -6.33
Interest Coverage Ratio data for TME is currently unavailable.
Financial Strength at a Glance
| Symbol | CHT | TME |
|---|---|---|
| Current Ratio (MRQ) | 1.63 | 2.09 |
| Quick Ratio (MRQ) | 1.38 | 1.86 |
| Debt-to-Equity Ratio (MRQ) | 0.11 | 0.09 |
| Interest Coverage Ratio (TTM) | 166.33 | -- |
Growth
Revenue Growth
EPS Growth
Dividend
Dividend Yield (TTM)
CHT
3.52%
Diversified Telecommunication Services Industry
- Max
- 10.34%
- Q3
- 5.44%
- Median
- 3.89%
- Q1
- 1.73%
- Min
- 0.00%
CHT’s Dividend Yield of 3.52% is consistent with its peers in the Diversified Telecommunication Services industry, providing a dividend return that is standard for its sector.
TME
0.00%
Entertainment Industry
- Max
- 2.54%
- Q3
- 1.29%
- Median
- 0.61%
- Q1
- 0.00%
- Min
- 0.00%
TME currently does not pay a dividend, resulting in a yield of 0%. This is a common strategy for growth-focused companies that prioritize reinvesting earnings, though it may be less typical in mature, income-oriented sectors.
Dividend Payout Ratio (TTM)
CHT
409.88%
Diversified Telecommunication Services Industry
- Max
- 270.06%
- Q3
- 135.21%
- Median
- 76.62%
- Q1
- 35.06%
- Min
- 0.00%
At 409.88%, CHT’s Dividend Payout Ratio is exceptionally high, exceeding the typical range for the Diversified Telecommunication Services industry. While this provides a significant return to shareholders, it may limit funds for reinvestment and could be difficult to sustain.
TME
0.00%
Entertainment Industry
- Max
- 82.30%
- Q3
- 45.76%
- Median
- 29.16%
- Q1
- 0.00%
- Min
- 0.00%
TME has a Dividend Payout Ratio of 0%, indicating it does not currently pay a dividend. This is a common strategy for growth-oriented companies that reinvest all profits back into the business.
Dividend at a Glance
| Symbol | CHT | TME |
|---|---|---|
| Dividend Yield (TTM) | 3.52% | 0.00% |
| Dividend Payout Ratio (TTM) | 409.88% | 0.00% |
Valuation
Price-to-Earnings Ratio (TTM)
CHT
27.58
Diversified Telecommunication Services Industry
- Max
- 33.39
- Q3
- 23.91
- Median
- 16.72
- Q1
- 13.00
- Min
- 4.13
A P/E Ratio of 27.58 places CHT in the upper quartile for the Diversified Telecommunication Services industry. This high valuation relative to peers suggests the market holds elevated expectations for the company’s future growth.
TME
23.89
Entertainment Industry
- Max
- 53.51
- Q3
- 45.31
- Median
- 33.16
- Q1
- 18.21
- Min
- 3.89
TME’s P/E Ratio of 23.89 is within the middle range for the Entertainment industry. This suggests its valuation is in line with the sector average, representing neither a significant premium nor a discount compared to its peers.
Price-to-Sales Ratio (TTM)
CHT
4.49
Diversified Telecommunication Services Industry
- Max
- 4.75
- Q3
- 2.60
- Median
- 1.62
- Q1
- 0.94
- Min
- 0.35
CHT’s P/S Ratio of 4.49 is in the upper echelon for the Diversified Telecommunication Services industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
TME
7.84
Entertainment Industry
- Max
- 12.81
- Q3
- 7.20
- Median
- 4.68
- Q1
- 3.32
- Min
- 0.79
TME’s P/S Ratio of 7.84 is in the upper echelon for the Entertainment industry. This means the company is valued richly on its revenue stream compared to its peers, suggesting the stock is priced for a high level of future performance.
Price-to-Book Ratio (MRQ)
CHT
2.53
Diversified Telecommunication Services Industry
- Max
- 5.77
- Q3
- 3.45
- Median
- 2.10
- Q1
- 1.19
- Min
- 0.32
CHT’s P/B Ratio of 2.53 is within the conventional range for the Diversified Telecommunication Services industry. This shows a balanced market view, where the stock’s price is neither at a significant premium nor a discount to the book value of its peers.
TME
2.06
Entertainment Industry
- Max
- 17.11
- Q3
- 8.38
- Median
- 5.24
- Q1
- 2.18
- Min
- 0.67
TME’s P/B Ratio of 2.06 is in the lower quartile for the Entertainment industry. From a value investing perspective, this is favorable, as it suggests the stock is trading at a discount to its net asset value and may offer a greater margin of safety.
Valuation at a Glance
| Symbol | CHT | TME |
|---|---|---|
| Price-to-Earnings Ratio (TTM) | 27.58 | 23.89 |
| Price-to-Sales Ratio (TTM) | 4.49 | 7.84 |
| Price-to-Book Ratio (MRQ) | 2.53 | 2.06 |
| Price-to-Free Cash Flow Ratio (TTM) | 21.50 | 22.49 |