CHT vs. VOD: Chunghwa Telecom vs. Vodafone Stock Comparison
How do Chunghwa Telecom (CHT) and Vodafone (VOD) 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 Vodafone (VOD) both fall under the Telecommunication Services industry group, but CHT is classified in Diversified Telecommunication Services while VOD is classified in Wireless Telecommunication Services.
Both Chunghwa Telecom (CHT) and Vodafone (VOD) trade as ADRs — their core financials are comparable, but keep FX, depositary-program fees, and dividend withholding in view for each.
| Profile Item | CHT | VOD |
|---|---|---|
| Name | Chunghwa Telecom Co., Ltd. Sponsored ADR | Vodafone Group Public Limited Company American Depositary Receipt |
| Country/Region | Taiwan | United Kingdom |
| GICS Sector | Communication Services | Communication Services |
| GICS Industry Group | Telecommunication Services | Telecommunication Services |
| GICS Industry | Diversified Telecommunication Services | Wireless Telecommunication Services |
| GICS Sub-Industry | Integrated Telecommunication Services | Wireless Telecommunication Services |
| Market Capitalization | 33.37 billion USD | 35.16 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | Nasdaq |
| Listing Date | July 18, 2003 | November 2, 1988 |
| Security Type | ADR | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | CHT | VOD |
|---|---|---|
| Total Return (1Y) | 2.12% | 42.79% |
| Total Return (3Y, Annualized) | 9.40% | 25.04% |
| Total Return (5Y, Annualized) | 5.78% | 6.27% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | CHT | VOD |
|---|---|---|
| Volatility (1Y, Annualized) | 13.21% | 29.74% |
| Beta (5Y) | 0.28 | 0.46 |
| Max Drawdown (5Y) | -23.70% | -49.24% |
| Avg. Volume (3M) | 150.31K | 4.06M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | CHT | VOD |
|---|---|---|
| Sharpe Ratio (1Y) | -0.14 | 1.30 |
| Sortino Ratio (1Y) | -0.21 | 2.04 |
Profitability
ROE (TTM)
Both Chunghwa Telecom (CHT) at 9.99% and Vodafone (VOD) at 0.11% land near their industries’ usual ROE ranges, so capital efficiency looks broadly in line with peers on both sides.
CHT
Telecommunication Services industry group
9.99%
- Max
- 43.27%
- Q3
- 18.03%
- CHT
- 9.99%
- Median
- 7.35%
- Q1
- -7.60%
- Min
- -37.75%
VOD
Telecommunication Services industry group
0.11%
- Max
- 43.27%
- Q3
- 18.03%
- Median
- 7.35%
- VOD
- 0.11%
- Q1
- -7.60%
- Min
- -37.75%
Net Margin (TTM)
Vodafone (VOD) reports a negative net margin of -0.98%, usually indicating a net loss over the period. Meanwhile Chunghwa Telecom (CHT) reports 16.24%, ranking against industry peers normally.
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%
VOD
Telecommunication Services industry group
-0.98%
- Max
- 41.74%
- Q3
- 12.36%
- Median
- 5.02%
- VOD
- -0.98%
- Q1
- -11.20%
- Min
- -45.00%
Operating Margin (TTM)
Chunghwa Telecom (CHT) at 21.84% operates in the top operating margin quartile, ahead of Vodafone (VOD) at 7.78%, which runs around its industry’s norm.
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%
VOD
Telecommunication Services industry group
7.78%
- Max
- 35.60%
- Q3
- 21.32%
- Median
- 12.69%
- VOD
- 7.78%
- Q1
- 4.41%
- Min
- -8.71%
Profitability Metrics
| Metric | CHT | VOD |
|---|---|---|
| ROE (TTM) | 9.99% | 0.11% |
| ROA (TTM) | 5.67% | 1.52% |
| Net Margin (TTM) | 16.24% | -0.98% |
| Operating Margin (TTM) | 21.84% | 7.78% |
| Gross Margin (TTM) | 36.67% | 31.47% |
Growth
Revenue Growth
Both Chunghwa Telecom (CHT) at 2.70% and Vodafone (VOD) at 8.05% land near their industries' usual revenue growth ranges, so top-line momentum looks broadly in line with peers on both sides.
EPS Growth
Only one side can be read here: Chunghwa Telecom (CHT) reports EPS growth of 3.97%, ranked against its industry; Vodafone (VOD) has no EPS growth figure this period.
Growth Metrics
| Metric | CHT | VOD |
|---|---|---|
| Revenue Growth (YoY) | 2.70% | 8.05% |
| Revenue Growth (3Y CAGR) | 2.86% | 2.41% |
| EPS Growth (YoY) | 3.97% | -- |
| EPS Growth (3Y CAGR) | 1.95% | -- |
Financial Strength
Current Ratio (MRQ)
Both Chunghwa Telecom (CHT) at 1.64 and Vodafone (VOD) at 1.14 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
VOD
Telecommunication Services industry group
1.14
- Max
- 2.39
- Q3
- 1.66
- VOD
- 1.14
- Median
- 1.11
- Q1
- 0.92
- Min
- 0.25
Debt / Equity (MRQ)
Chunghwa Telecom (CHT) at 0.10 keeps leverage in the lower industry quartile, while Vodafone (VOD) at 1.00 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
VOD
Telecommunication Services industry group
1.00
- Max
- 3.82
- Q3
- 2.05
- VOD
- 1.00
- Median
- 1.00
- Q1
- 0.66
- Min
- 0.00
Financial Strength Metrics
| Metric | CHT | VOD |
|---|---|---|
| Current Ratio (MRQ) | 1.64 | 1.14 |
| Debt / Equity (MRQ) | 0.10 | 1.00 |
| Net Debt / EBITDA | -0.30 | 4.46 |
Dividends
Dividend Yield (TTM)
Chunghwa Telecom (CHT) at 12.21% delivers top-quartile income for its industry, while Vodafone (VOD) at 0.30% pays a more typical yield — both are credible income propositions, CHT the richer one.
CHT
Telecommunication Services industry group
12.21%
- CHT
- 12.21%
- Max
- 12.21%
- Q3
- 5.29%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
VOD
Telecommunication Services industry group
0.30%
- Max
- 12.21%
- Q3
- 5.29%
- VOD
- 0.30%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Vodafone (VOD) reports payout ratio above 100% at 101.44%, meaning dividends exceeded current-period earnings and sustainability needs extra context. Meanwhile Chunghwa Telecom (CHT) reports 96.91%, ranking against industry peers normally.
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%
VOD
Telecommunication Services industry group
101.44%
- Max
- 128.57%
- VOD
- 101.44%
- Q3
- 60.13%
- Median
- 7.71%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | CHT | VOD |
|---|---|---|
| Dividend Yield (TTM) | 12.21% | 0.30% |
| Dividend Payout Ratio (TTM) | 96.91% | 101.44% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Chunghwa Telecom (CHT) trades at 27.23 times trailing earnings, ranked against its peers, while Vodafone (VOD) has no P/E ratio this period.
CHT
Telecommunication Services industry group
27.23
- Max
- 36.00
- CHT
- 27.23
- Q3
- 20.99
- Median
- 15.81
- Q1
- 8.69
- Min
- 2.46
VOD
Telecommunication Services industry group
--
- Max
- 36.00
- Q3
- 20.99
- Median
- 15.81
- Q1
- 8.69
- Min
- 2.46
- VOD
- --
P/S Ratio (TTM)
Chunghwa Telecom (CHT) at 0.14 sits in the cheaper P/S ratio quartile while Vodafone (VOD) at 0.87 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
- 5.15
- Q3
- 2.35
- Median
- 0.84
- Q1
- 0.39
- CHT
- 0.14
- Min
- 0.00
VOD
Telecommunication Services industry group
0.87
- Max
- 5.15
- Q3
- 2.35
- VOD
- 0.87
- Median
- 0.84
- Q1
- 0.39
- Min
- 0.00
P/B Ratio (MRQ)
Vodafone (VOD) at 1.21 sits near its industry’s typical P/B ratio, while Chunghwa Telecom (CHT) at 10.89 prices above its benchmark range — CHT looks rich relative to book.
CHT
Telecommunication Services industry group
10.89
- CHT
- 10.89
- Max
- 8.41
- Q3
- 4.02
- Median
- 1.60
- Q1
- 0.71
- Min
- 0.01
VOD
Telecommunication Services industry group
1.21
- Max
- 8.41
- Q3
- 4.02
- Median
- 1.60
- VOD
- 1.21
- Q1
- 0.71
- Min
- 0.01
Valuation Metrics
| Metric | CHT | VOD |
|---|---|---|
| P/E Ratio (TTM) | 27.23 | -- |
| P/S Ratio (TTM) | 0.14 | 0.87 |
| P/B Ratio (MRQ) | 10.89 | 1.21 |
| Free Cash Flow Yield (TTM) | 127.99% | 14.70% |