CHT (Chunghwa Telecom Co) ROE %: 10.28% (As of Mar. 2026) — Near Median


CHT Chunghwa Telecom Co Ltd CHT
78 GF Score
Price $44.79
GF Value $42.34
Valuation Fairly Valued
! 6 Warning Signs
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What is Chunghwa Telecom Co ROE %?

Chunghwa Telecom Co CHT +0.63% 78 ROE % is 10.28% as of Mar. 2026, which is 6% above its 10-year median of 9.74. GuruFocus rates CHT with a GF Score™ of 78/100 and a GF Value™ of $42.34 (Fairly Valued). The stock has 6 warning signs investors should review. Among 349 Telecommunication Services companies, Chunghwa Telecom Co ranks better than 58.45% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Chunghwa Telecom Co's annualized net income for the quarter that ended in Mar. 2026 was $1,269 Mil. Chunghwa Telecom Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was $12,344 Mil. Therefore, Chunghwa Telecom Co's annualized ROE % for the quarter that ended in Mar. 2026 was 10.28%.

The historical rank and industry rank for Chunghwa Telecom Co's ROE % or its related term are showing as below:

CHT' s ROE % Range Over the Past 10 Years
Min: 8.8   Med: 9.74   Max: 11.17
Current: 10.16

During the past 13 years, Chunghwa Telecom Co's highest ROE % was 11.17%. The lowest was 8.80%. And the median was 9.74%.

CHT's ROE % is ranked better than
58.45% of 349 companies
in the Telecommunication Services industry
Industry Median: 7.41 vs CHT: 10.16

Chunghwa Telecom Co  (NYSE:CHT) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1268.896/12343.68
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(1268.896 / 7489.152)*(7489.152 / 17137.417)*(17137.417 / 12343.68)
=Net Margin %*Asset Turnover*Equity Multiplier
=16.94 %*0.437*1.3884
=ROA %*Equity Multiplier
=7.4 %*1.3884
=10.28 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=1268.896/12343.68
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (1268.896 / 1654.312) * (1654.312 / 1644.504) * (1644.504 / 7489.152) * (7489.152 / 17137.417) * (17137.417 / 12343.68)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.767 * 1.006 * 21.96 % * 0.437 * 1.3884
=10.28 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Chunghwa Telecom Co ROE % Related Terms


Chunghwa Telecom Co ROE % Historical Data

* Premium members only.

The historical data trend for Chunghwa Telecom Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Chunghwa Telecom Co ROE % Chart

Chunghwa Telecom Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.53 9.14 9.64 9.55 10.29

Chunghwa Telecom Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.01 11.27 10.03 9.62 10.28

CHT vs TMUS, VZ, T: ROE % Comparison

For the Telecom Services subindustry, Chunghwa Telecom Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Chunghwa Telecom Co ROE % vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Chunghwa Telecom Co's ROE % distribution charts can be found below:

* The bar in red indicates where Chunghwa Telecom Co's ROE % falls into.


CHT
78GF Score
Chunghwa Telecom Co Ltd CHT
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Chunghwa Telecom Co ROE % Calculation

Chunghwa Telecom Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=1234.519/( (11752.394+12252.084)/ 2 )
=1234.519/12002.239
=10.29 %

Chunghwa Telecom Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=1268.896/( (12252.084+12435.276)/ 2 )
=1268.896/12343.68
=10.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 10.28% mean?
Chunghwa Telecom Co (CHT) has a ROE % of 10.28% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Chunghwa Telecom Co and its competitors. This is near median its historical median of 9.74. Over the past decade, Chunghwa Telecom Co's ROE % has ranged from 8.80 to 11.17. According to the industry distribution chart, Chunghwa Telecom Co ranks #145 out of 349 companies in the Telecommunication Services industry, placing it in the top 41.5%.
Is Chunghwa Telecom Co's ROE % too high?
Chunghwa Telecom Co's current ROE % of 10.28% is near median its 10-year median of 9.74. Over the past 10 years, this metric has ranged from a low of 8.80 to a high of 11.17. The Telecommunication Services industry median ROE % is 7.41. Chunghwa Telecom Co's value of 10.28% is 38.7% above this industry median. Based on the distribution chart, Chunghwa Telecom Co ranks #145 out of 349 companies in the Telecommunication Services industry, which is above the industry midpoint. Overall, Chunghwa Telecom Co has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Chunghwa Telecom Co's ROE % compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Chunghwa Telecom Co ranks #145 out of 349 companies for ROE %. This puts Chunghwa Telecom Co in the upper half of its industry. The industry median ROE % is 7.41. Chunghwa Telecom Co's value of 10.28% is 38.7% above this benchmark. Historically, Chunghwa Telecom Co's own ROE % has ranged from 8.80 to 11.17 over the past decade. While the company's 10-year median is 9.74 vs. the industry median of 7.41, Chunghwa Telecom Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Telecommunication Services company?
The median ROE % among Telecommunication Services companies is 7.41, based on 349 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Chunghwa Telecom Co's current ROE % of 10.28% is 38.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Chunghwa Telecom Co and its competitors. For the Telecommunication Services industry, the median ROE % is 7.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Chunghwa Telecom Co's current ROE % is 10.28%, which is near median its own 10-year median of 9.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Chunghwa Telecom Co stock overvalued right now?
Based on GuruFocus' analysis, Chunghwa Telecom Co (CHT) is currently considered Fairly Valued. The stock's GF Value™ is $42.34, compared to a current price of $44.79 — trading 5.8% above its estimated fair value. The current ROE % is 10.28%, which is near median its 10-year median of 9.74 and 38.7% above the Telecommunication Services industry median of 7.41. Chunghwa Telecom Co's overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For Chunghwa Telecom Co (CHT), the current ROE % is 10.28% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Chunghwa Telecom Co (CHT) Overvalued in 2026?

Based on GuruFocus' analysis, Chunghwa Telecom Co stock appears to be overvalued. The current stock price of $44.79 is trading 5.8% above its estimated GF Value™ of $42.34. GuruFocus considers Chunghwa Telecom Co to be Fairly Valued.

Key valuation signals for CHT:

  • ROE %: 10.28% (near median its 10-year median of 9.74)
  • GF Value™: $42.34 vs. price of $44.79 (5.8% above fair value)
  • GF Score™: 78/100 with 6 warning signs
  • Industry Position: 38.7% above the Telecommunication Services median (#145 of 349)

No single metric tells the full story. See the CHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Chunghwa Telecom Co Business Description

Other Exchanges 2412:Taiwan
Address Hsinyi Road, Section 1, No. 21-3, Zhongzheng District, Taipei, TWN, 100012
Chunghwa Telecom Co Ltd is Taiwan's integrated telecom operator, providing fixed-line, wireless, and Internet and data services. The company's reportable segments are: Consumer Business, Enterprise Business, International Business, and Others. The majority of its revenue comes from the Consumer Business, which focuses on individual and home-centric businesses, such as mobile, fixed broadband, Wi-Fi, IPTV (MOD), and OTT services. The Enterprise business offers IDC, cloud, cybersecurity, 5G, AIoT, data, AI, enterprise digital transformation, and system integration services to businesses, and the International business segment represents services offered to international customers. Geographically, the company generates maximum revenue from its business in Taiwan.
78GF Score

Get the complete analysis for CHT

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$44.79
Price
$42.34
GF Value