View ValuationChief Telecom 향후 성장Future 기준 점검 1/6Chief Telecom은 연간 수입과 매출이 각각 19.8%와 12.5% 증가할 것으로 예상되고 EPS는 연간 20.4%만큼 증가할 것으로 예상됩니다.핵심 정보19.8%이익 성장률20.41%EPS 성장률Telecom 이익 성장5.0%매출 성장률12.5%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트08 May 2026최근 향후 성장 업데이트Price Target Changed • Nov 07Price target decreased by 8.2% to NT$513Down from NT$559, the current price target is an average from 4 analysts. New target price is 41% above last closing price of NT$363. Stock is down 31% over the past year. The company is forecast to post earnings per share of NT$15.40 for next year compared to NT$13.82 last year.Price Target Changed • Aug 09Price target increased by 30% to NT$560Up from NT$432, the current price target is an average from 3 analysts. New target price is 15% above last closing price of NT$489. Stock is up 32% over the past year. The company is forecast to post earnings per share of NT$13.18 for next year compared to NT$11.84 last year.Price Target Changed • Jan 23Price target increased by 13% to NT$439Up from NT$387, the current price target is an average from 3 analysts. New target price is 37% above last closing price of NT$320. Stock is up 26% over the past year. The company is forecast to post earnings per share of NT$12.03 for next year compared to NT$10.77 last year.Major Estimate Revision • Nov 11Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$11.11 to NT$12.63. Revenue forecast steady at NT$3.24b. Net income forecast to grow 7.4% next year vs 12% growth forecast for Telecom industry in Taiwan. Consensus price target broadly unchanged at NT$387. Share price was steady at NT$321 over the past week.Price Target Changed • Apr 11Price target increased by 13% to NT$430Up from NT$381, the current price target is provided by 1 analyst. New target price is 10% above last closing price of NT$390. Stock is up 43% over the past year. The company posted earnings per share of NT$11.85 last year.모든 업데이트 보기Recent updatesReported Earnings • May 01First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: NT$3.00. Revenue: NT$982.2m (up 3.1% from 1Q 2025). Net income: NT$286.8m (up 2.9% from 1Q 2025). Profit margin: 29% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%.Reported Earnings • Mar 01Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$15.75 (up from NT$13.83 in FY 2024). Revenue: NT$3.94b (up 4.0% from FY 2024). Net income: NT$1.23b (up 14% from FY 2024). Profit margin: 31% (up from 28% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.공지 • Feb 26Chief Telecom Inc., Annual General Meeting, May 27, 2026Chief Telecom Inc., Annual General Meeting, May 27, 2026. Location: no,28 ln.420, sec.5 ch`eng kung rd., neihu district, taipei city TaiwanUpcoming Dividend • Dec 24Upcoming dividend of NT$6.60 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 30 January 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (3.8%).Price Target Changed • Nov 07Price target decreased by 8.2% to NT$513Down from NT$559, the current price target is an average from 4 analysts. New target price is 41% above last closing price of NT$363. Stock is down 31% over the past year. The company is forecast to post earnings per share of NT$15.40 for next year compared to NT$13.82 last year.New Risk • Nov 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 121% Cash payout ratio: 289% Dividend yield: 3.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 121% Cash payout ratio: 289% High level of non-cash earnings (31% accrual ratio).Reported Earnings • Oct 29Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$3.47 (up from NT$3.33 in 3Q 2024). Revenue: NT$937.1m (down 6.8% from 3Q 2024). Net income: NT$270.7m (up 4.5% from 3Q 2024). Profit margin: 29% (up from 26% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year.Reported Earnings • Jul 31Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$4.66 (up from NT$3.30 in 2Q 2024). Revenue: NT$1.13b (up 26% from 2Q 2024). Net income: NT$363.4m (up 42% from 2Q 2024). Profit margin: 32% (up from 29% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year.Upcoming Dividend • Jun 10Upcoming dividend of NT$12.50 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 10 July 2025. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.8%).공지 • May 23Chief Telecom Inc. Approves Cash Dividend for 2024Chief Telecom Inc. approved cash dividend of TWD 974,479,625 dollars, with TWD 12.5 dollars per share for 2024, at its 2025 Annual General Shareholders' Meeting held on May 22, 2025.Reported Earnings • May 08First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$3.57 (up from NT$3.11 in 1Q 2024). Revenue: NT$953.0m (up 11% from 1Q 2024). Net income: NT$278.6m (up 15% from 1Q 2024). Profit margin: 29% (in line with 1Q 2024). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.공지 • Apr 23Chief Telecom Inc. to Report Q1, 2025 Results on Apr 30, 2025Chief Telecom Inc. announced that they will report Q1, 2025 results on Apr 30, 2025Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$353, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 55% over the past three years.New Risk • Feb 24New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 90% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 90% Paying a dividend despite having no free cash flows. High level of non-cash earnings (57% accrual ratio).Reported Earnings • Feb 22Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$13.82 (up from NT$11.84 in FY 2023). Revenue: NT$3.79b (up 17% from FY 2023). Net income: NT$1.08b (up 17% from FY 2023). Profit margin: 28% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.공지 • Feb 20Chief Telecom Inc., Annual General Meeting, May 22, 2025Chief Telecom Inc., Annual General Meeting, May 22, 2025. Location: 2 floor no,327, t`i ting ta tao, neihu district, taipei city Taiwan공지 • Feb 12Chief Telecom Inc. to Report Q4, 2024 Results on Feb 19, 2025Chief Telecom Inc. announced that they will report Q4, 2024 results on Feb 19, 2025Reported Earnings • Nov 05Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: NT$3.33 (up from NT$3.11 in 3Q 2023). Revenue: NT$1.00b (up 22% from 3Q 2023). Net income: NT$259.0m (up 13% from 3Q 2023). Profit margin: 26% (down from 28% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.공지 • Oct 23Chief Telecom Inc. to Report Q3, 2024 Results on Oct 30, 2024Chief Telecom Inc. announced that they will report Q3, 2024 results on Oct 30, 2024Price Target Changed • Aug 09Price target increased by 30% to NT$560Up from NT$432, the current price target is an average from 3 analysts. New target price is 15% above last closing price of NT$489. Stock is up 32% over the past year. The company is forecast to post earnings per share of NT$13.18 for next year compared to NT$11.84 last year.Reported Earnings • Aug 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$3.30 (up from NT$2.78 in 2Q 2023). Revenue: NT$897.1m (up 13% from 2Q 2023). Net income: NT$256.8m (up 19% from 2Q 2023). Profit margin: 29% (up from 27% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.Buy Or Sell Opportunity • Aug 05Now 21% undervaluedOver the last 90 days, the stock has risen 15% to NT$414. The fair value is estimated to be NT$525, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 10% in the next year.공지 • Jul 30Chief Telecom Inc. to Report Q2, 2024 Results on Aug 06, 2024Chief Telecom Inc. announced that they will report Q2, 2024 results on Aug 06, 2024Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$408, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$462 per share.Upcoming Dividend • Jun 24Upcoming dividend of NT$10.60 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 19 July 2024. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.8%).Buy Or Sell Opportunity • May 10Now 22% undervaluedOver the last 90 days, the stock has risen 8.5% to NT$347. The fair value is estimated to be NT$443, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 10% in the next year.Reported Earnings • Apr 26First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$3.11 (up from NT$2.88 in 1Q 2023). Revenue: NT$855.2m (up 6.4% from 1Q 2023). Net income: NT$242.0m (up 7.9% from 1Q 2023). Profit margin: 28% (in line with 1Q 2023). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.4%. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year.공지 • Apr 19Chief Telecom Inc. to Report Q1, 2024 Results on Apr 25, 2024Chief Telecom Inc. announced that they will report Q1, 2024 results on Apr 25, 2024공지 • Mar 01Chief Telecom Inc. Announces Resignation of Ai-Jun Pang as the Company's Independent Director, Effective May 28, 2024Chief Telecom Inc. announced resignation of Ai-Jun Pang as the Company's independent director. The effective date will be the date of 2024 Annual General Shareholders' Meeting to be held on May 28, 2024.Reported Earnings • Feb 22Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$11.84 (up from NT$10.77 in FY 2022). Revenue: NT$3.24b (up 5.3% from FY 2022). Net income: NT$921.1m (up 10% from FY 2022). Profit margin: 28% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.공지 • Feb 17Chief Telecom Inc., Annual General Meeting, May 28, 2024Chief Telecom Inc., Annual General Meeting, May 28, 2024. Location: Second Floor, No. 327, Section 1, Tiding Avenue, Neihu District Taipei City Taiwan Agenda: To consider and approve the annual business report of the company; to consider and approve the cash dividend distribution report; to consider and approve the directors remuneration and employee remuneration distribution; and to consider any other matters.Price Target Changed • Jan 23Price target increased by 13% to NT$439Up from NT$387, the current price target is an average from 3 analysts. New target price is 37% above last closing price of NT$320. Stock is up 26% over the past year. The company is forecast to post earnings per share of NT$12.03 for next year compared to NT$10.77 last year.공지 • Nov 17+ 3 more updatesChief Telecom Inc. Announces Resignation of Yen-Hung Wu as CEOChief Telecom Inc. announced that the Chairperson of the Company is concurrently appointed as CSO (the former concurrently serving as CEO has resigned). Name, title, and resume of the previous position holder: Yen-Hung Wu/Chairperson of the Company concurrently serves as CEO. Name, title, and resume of the new position holder: Yen-Hung Wu/Chairperson of the Company concurrently serves as CSO. Type of change: new replacement. Effective date: November 16, 2023. Reason for the change: After the comprehensive re-election, the board of directors resolved.Major Estimate Revision • Nov 11Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$11.11 to NT$12.63. Revenue forecast steady at NT$3.24b. Net income forecast to grow 7.4% next year vs 12% growth forecast for Telecom industry in Taiwan. Consensus price target broadly unchanged at NT$387. Share price was steady at NT$321 over the past week.Reported Earnings • Nov 08Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: NT$3.11 (up from NT$2.65 in 3Q 2022). Revenue: NT$822.2m (up 7.3% from 3Q 2022). Net income: NT$228.9m (up 11% from 3Q 2022). Profit margin: 28% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.Upcoming Dividend • Aug 10Upcoming dividend of NT$9.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 17 August 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.0%).Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: NT$3.06 (vs NT$2.86 in 2Q 2022)Second quarter 2023 results: EPS: NT$3.06 (up from NT$2.86 in 2Q 2022). Revenue: NT$791.5m (up 3.4% from 2Q 2022). Net income: NT$216.6m (up 7.1% from 2Q 2022). Profit margin: 27% (up from 26% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.공지 • Jun 30Chief Telecom Inc. Approves the Cash Dividend for the Year 2022Chief Telecom Inc. approved the total cash dividend of TWD 636,703,929 or TWD 9 per share for the year 2022, at the AGM held on June 29, 2023.Reported Earnings • Apr 14Full year 2022 earnings released: EPS: NT$11.85 (vs NT$9.75 in FY 2021)Full year 2022 results: EPS: NT$11.85 (up from NT$9.75 in FY 2021). Revenue: NT$3.08b (up 10.0% from FY 2021). Net income: NT$836.8m (up 22% from FY 2021). Profit margin: 27% (up from 25% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.Price Target Changed • Apr 11Price target increased by 13% to NT$430Up from NT$381, the current price target is provided by 1 analyst. New target price is 10% above last closing price of NT$390. Stock is up 43% over the past year. The company posted earnings per share of NT$11.85 last year.Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$349, the stock trades at a trailing P/E ratio of 29.5x. Average forward P/E is 14x in the Telecom industry in Taiwan. Total returns to shareholders of 68% over the past three years.공지 • Jan 05Chief Telecom Inc. Announces Executive ChangesChief Telecom Inc. announced the change in representative of the company's institutional director. Name of the previous position holder: Ming Chung; Resume of the previous position holder:Vice President, Information Technology Business Group of Chunghwa Telecom Co., Ltd; Name of the new position holder: Chung-Shuo Lin; Resume of the new position holder: Vice President, Information Technology Business Group of Chunghwa Telecom Co., Ltd; Reason for the change: Chunghwa Telecom assigned a new representative to serve as institutional director. Effective date of the new appointment is January 04, 2023.Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ai-Chun Pang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Nov 01Third quarter 2022 earnings released: EPS: NT$2.91 (vs NT$2.49 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.91 (up from NT$2.49 in 3Q 2021). Revenue: NT$766.2m (up 6.4% from 3Q 2021). Net income: NT$205.6m (up 17% from 3Q 2021). Profit margin: 27% (up from 24% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: NT$2.86 (vs NT$2.23 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.86 (up from NT$2.23 in 2Q 2021). Revenue: NT$765.7m (up 12% from 2Q 2021). Net income: NT$202.2m (up 29% from 2Q 2021). Profit margin: 26% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year.Board Change • Jul 01Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ai-Chun Pang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Upcoming Dividend • Jun 23Upcoming dividend of NT$9.30 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 18 July 2022. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.1%).공지 • Jun 08Chief Telecom Inc. Announces Cash Dividend for the Year 2022, Payable on July 18, 2022Chief Telecom Inc. announced a cash dividend of TWD 614,936,715 or TWD 8.7 per share for the year 2022. Ex-rights (Ex-dividend) date is June 30, 2022. Ex-rights (Ex-dividend) record date is July 6, 2022. Payment date of cash dividend distribution is July 18, 2022.Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ai-Chun Pang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: NT$2.79 (vs NT$2.38 in 1Q 2021)First quarter 2022 results: EPS: NT$2.79 (up from NT$2.38 in 1Q 2021). Revenue: NT$749.8m (up 8.7% from 1Q 2021). Net income: NT$196.5m (up 18% from 1Q 2021). Profit margin: 26% (up from 24% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$9.75 (up from NT$8.67 in FY 2020). Revenue: NT$2.80b (up 9.2% from FY 2020). Net income: NT$686.6m (up 13% from FY 2020). Profit margin: 25% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.2%, compared to a 4.0% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS NT$2.49 (vs NT$2.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$720.1m (up 10% from 3Q 2020). Net income: NT$175.6m (up 16% from 3Q 2020). Profit margin: 24% (up from 23% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.Upcoming Dividend • Aug 26Upcoming dividend of NT$8.80 per shareEligible shareholders must have bought the stock before 02 September 2021. Payment date: 17 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.7%).Reported Earnings • Aug 01Second quarter 2021 earnings released: EPS NT$2.23 (vs NT$2.10 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$681.3m (up 8.0% from 2Q 2020). Net income: NT$157.3m (up 6.7% from 2Q 2020). Profit margin: 23% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.Reported Earnings • May 01First quarter 2021 earnings released: EPS NT$2.38 (vs NT$2.11 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$689.7m (up 12% from 1Q 2020). Net income: NT$167.1m (up 14% from 1Q 2020). Profit margin: 24% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.분석 기사 • Apr 08Investors Could Be Concerned With Chief Telecom's (GTSM:6561) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...분석 기사 • Mar 18Should Chief Telecom (GTSM:6561) Be Disappointed With Their 54% Profit?Vanguard founder Jack Bogle helped spearhead the low-cost index fund, putting average returns within reach of every...분석 기사 • Feb 23Estimating The Intrinsic Value Of Chief Telecom Inc. (GTSM:6561)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Chief Telecom Inc...Reported Earnings • Feb 21Full year 2020 earnings released: EPS NT$8.67 (vs NT$7.83 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.56b (up 6.9% from FY 2019). Net income: NT$607.8m (up 12% from FY 2019). Profit margin: 24% (up from 23% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.Analyst Estimate Surprise Post Earnings • Feb 21Revenue beats expectationsRevenue exceeded analyst estimates by 1.0%.공지 • Feb 20Chief Telecom Inc., Annual General Meeting, Jun 11, 2021Chief Telecom Inc., Annual General Meeting, Jun 11, 2021. Location: Second Floor, No. 327, Section 1, Tiding Avenue, Neihu District Tai Pei Taiwan Agenda: To consider the 109th annual business report of the company; to consider the audit report of the 109th annual audit committee of the company; to consider the company's 109 year report on directors' remuneration and employee remuneration distribution; to consider revise the report of the company's Integrity Operation Procedures and Behavior Guidelines; and to consider the company plans to issue cash with capital reserve.분석 기사 • Feb 03Chief Telecom's (GTSM:6561) Earnings Are Growing But Is There More To The Story?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...Is New 90 Day High Low • Jan 28New 90-day low: NT$301The company is down 18% from its price of NT$365 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 1.0% over the same period.Is New 90 Day High Low • Jan 12New 90-day low: NT$338The company is down 5.0% from its price of NT$356 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 3.0% over the same period.분석 기사 • Jan 11Are Chief Telecom Inc.'s (GTSM:6561) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?With its stock down 4.6% over the past month, it is easy to disregard Chief Telecom (GTSM:6561). However, the company's...분석 기사 • Dec 22Here's How We Evaluate Chief Telecom Inc.'s (GTSM:6561) DividendIs Chief Telecom Inc. ( GTSM:6561 ) a good dividend stock? How can we tell? Dividend paying companies with growing...분석 기사 • Dec 04Is Chief Telecom's (GTSM:6561) 124% Share Price Increase Well Justified?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...Reported Earnings • Oct 27Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$587.7m, up 11% from the prior year. Total revenue was NT$2.51b over the last 12 months, up 6.0% from the prior year.Analyst Estimate Surprise Post Earnings • Oct 27Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 0.7% at NT$653.9m.이익 및 매출 성장 예측TPEX:6561 - 애널리스트 향후 추정치 및 과거 재무 데이터 (TWD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20274,9091,710N/AN/A112/31/20264,1631,2831,3061,60613/31/20263,9731,2361,0111,531N/A12/31/20253,9441,2277971,530N/A9/30/20254,0541,2313561,462N/A6/30/20254,1211,2203521,534N/A3/31/20253,8911,1131861,504N/A12/31/20243,7931,077-1531,411N/A9/30/20243,5821,0091501,356N/A6/30/20243,399979-1411,110N/A3/31/20243,294939-2151,044N/A12/31/20233,2439212751,042N/A9/30/20233,2169022551,021N/A6/30/20233,1618794621,105N/A3/31/20233,1358654501,083N/A12/31/20223,0808374731,071N/A9/30/20222,9927912611,024N/A6/30/20222,9457613971,006N/A3/31/20222,861716574929N/A12/31/20212,801687528887N/A9/30/20212,753663859919N/A6/30/20212,687638752812N/A3/31/20212,637628823903N/A12/31/20202,565608793875N/A9/30/20202,510588651749N/A6/30/20202,458567670796N/A3/31/20202,424553574688N/A12/31/20192,400543N/A708N/A9/30/20192,368530N/A751N/A6/30/20192,347523N/A662N/A3/31/20192,317512N/A708N/A12/31/20182,272485N/A626N/A9/30/20182,248463N/A622N/A6/30/20182,216438N/A580N/A3/31/20182,162414N/A584N/A12/31/20172,126385N/A578N/A9/30/20172,096361N/A536N/A6/30/20172,056339N/A572N/A3/31/20172,020318N/A476N/A12/31/20161,980317N/A445N/A9/30/20161,912298N/A403N/A6/30/20161,856286N/A405N/A3/31/20161,798273N/A424N/A12/31/20151,740259N/A443N/A9/30/20151,684251N/A424N/A6/30/20151,628242N/A405N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: 6561 의 연간 예상 수익 증가율(19.8%)이 saving rate(1.3%)보다 높습니다.수익 vs 시장: 6561 의 연간 수익(19.8%)이 TW 시장(25.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 수익: 6561 의 수입은 증가할 것으로 예상되지만 상당히 증가하지는 않을 것입니다.수익 대 시장: 6561 의 수익(연간 12.5%)이 TW 시장(연간 18.2%)보다 느리게 성장할 것으로 예상됩니다.고성장 매출: 6561 의 수익(연간 12.5%)은 연간 20%보다 느리게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: 6561의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YTelecom 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/09 20:44종가2026/05/08 00:00수익2026/03/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Chief Telecom Inc.는 3명의 분석가가 다루고 있습니다. 이 중 1명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관Fan-Jen TsengKGI Securities Co. Ltd.Jianzhang SuMasterlink Securities Investment AdvisoryChun-Yao FeiSinoPac Securities Investment Service
Price Target Changed • Nov 07Price target decreased by 8.2% to NT$513Down from NT$559, the current price target is an average from 4 analysts. New target price is 41% above last closing price of NT$363. Stock is down 31% over the past year. The company is forecast to post earnings per share of NT$15.40 for next year compared to NT$13.82 last year.
Price Target Changed • Aug 09Price target increased by 30% to NT$560Up from NT$432, the current price target is an average from 3 analysts. New target price is 15% above last closing price of NT$489. Stock is up 32% over the past year. The company is forecast to post earnings per share of NT$13.18 for next year compared to NT$11.84 last year.
Price Target Changed • Jan 23Price target increased by 13% to NT$439Up from NT$387, the current price target is an average from 3 analysts. New target price is 37% above last closing price of NT$320. Stock is up 26% over the past year. The company is forecast to post earnings per share of NT$12.03 for next year compared to NT$10.77 last year.
Major Estimate Revision • Nov 11Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$11.11 to NT$12.63. Revenue forecast steady at NT$3.24b. Net income forecast to grow 7.4% next year vs 12% growth forecast for Telecom industry in Taiwan. Consensus price target broadly unchanged at NT$387. Share price was steady at NT$321 over the past week.
Price Target Changed • Apr 11Price target increased by 13% to NT$430Up from NT$381, the current price target is provided by 1 analyst. New target price is 10% above last closing price of NT$390. Stock is up 43% over the past year. The company posted earnings per share of NT$11.85 last year.
Reported Earnings • May 01First quarter 2026 earnings: EPS misses analyst expectationsFirst quarter 2026 results: EPS: NT$3.00. Revenue: NT$982.2m (up 3.1% from 1Q 2025). Net income: NT$286.8m (up 2.9% from 1Q 2025). Profit margin: 29% (in line with 1Q 2025). Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 3.1%.
Reported Earnings • Mar 01Full year 2025 earnings: EPS exceeds analyst expectationsFull year 2025 results: EPS: NT$15.75 (up from NT$13.83 in FY 2024). Revenue: NT$3.94b (up 4.0% from FY 2024). Net income: NT$1.23b (up 14% from FY 2024). Profit margin: 31% (up from 28% in FY 2024). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.3%. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
공지 • Feb 26Chief Telecom Inc., Annual General Meeting, May 27, 2026Chief Telecom Inc., Annual General Meeting, May 27, 2026. Location: no,28 ln.420, sec.5 ch`eng kung rd., neihu district, taipei city Taiwan
Upcoming Dividend • Dec 24Upcoming dividend of NT$6.60 per shareEligible shareholders must have bought the stock before 31 December 2025. Payment date: 30 January 2026. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 3.7%. Lower than top quartile of Taiwanese dividend payers (5.4%). In line with average of industry peers (3.8%).
Price Target Changed • Nov 07Price target decreased by 8.2% to NT$513Down from NT$559, the current price target is an average from 4 analysts. New target price is 41% above last closing price of NT$363. Stock is down 31% over the past year. The company is forecast to post earnings per share of NT$15.40 for next year compared to NT$13.82 last year.
New Risk • Nov 05New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 121% Cash payout ratio: 289% Dividend yield: 3.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 121% Cash payout ratio: 289% High level of non-cash earnings (31% accrual ratio).
Reported Earnings • Oct 29Third quarter 2025 earnings: EPS and revenues miss analyst expectationsThird quarter 2025 results: EPS: NT$3.47 (up from NT$3.33 in 3Q 2024). Revenue: NT$937.1m (down 6.8% from 3Q 2024). Net income: NT$270.7m (up 4.5% from 3Q 2024). Profit margin: 29% (up from 26% in 3Q 2024). The increase in margin was driven by lower expenses. Revenue missed analyst estimates by 6.2%. Earnings per share (EPS) also missed analyst estimates by 10%. Revenue is forecast to grow 9.9% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year and the company’s share price has also increased by 14% per year.
Reported Earnings • Jul 31Second quarter 2025 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2025 results: EPS: NT$4.66 (up from NT$3.30 in 2Q 2024). Revenue: NT$1.13b (up 26% from 2Q 2024). Net income: NT$363.4m (up 42% from 2Q 2024). Profit margin: 32% (up from 29% in 2Q 2024). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 5.7%. Earnings per share (EPS) also surpassed analyst estimates by 8.9%. Revenue is forecast to grow 9.3% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 19% per year.
Upcoming Dividend • Jun 10Upcoming dividend of NT$12.50 per shareEligible shareholders must have bought the stock before 17 June 2025. Payment date: 10 July 2025. Payout ratio is on the higher end at 87%, and the cash payout ratio is above 100%. Trailing yield: 2.9%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.8%).
공지 • May 23Chief Telecom Inc. Approves Cash Dividend for 2024Chief Telecom Inc. approved cash dividend of TWD 974,479,625 dollars, with TWD 12.5 dollars per share for 2024, at its 2025 Annual General Shareholders' Meeting held on May 22, 2025.
Reported Earnings • May 08First quarter 2025 earnings: EPS and revenues miss analyst expectationsFirst quarter 2025 results: EPS: NT$3.57 (up from NT$3.11 in 1Q 2024). Revenue: NT$953.0m (up 11% from 1Q 2024). Net income: NT$278.6m (up 15% from 1Q 2024). Profit margin: 29% (in line with 1Q 2024). Revenue missed analyst estimates by 3.5%. Earnings per share (EPS) also missed analyst estimates by 5.7%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.8% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 13% per year whereas the company’s share price has increased by 17% per year.
공지 • Apr 23Chief Telecom Inc. to Report Q1, 2025 Results on Apr 30, 2025Chief Telecom Inc. announced that they will report Q1, 2025 results on Apr 30, 2025
Valuation Update With 7 Day Price Move • Apr 09Investor sentiment deteriorates as stock falls 19%After last week's 19% share price decline to NT$353, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 55% over the past three years.
New Risk • Feb 24New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 90% The company is paying a dividend despite having no free cash flows. Dividend yield: 2.7% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 90% Paying a dividend despite having no free cash flows. High level of non-cash earnings (57% accrual ratio).
Reported Earnings • Feb 22Full year 2024 earnings: EPS exceeds analyst expectationsFull year 2024 results: EPS: NT$13.82 (up from NT$11.84 in FY 2023). Revenue: NT$3.79b (up 17% from FY 2023). Net income: NT$1.08b (up 17% from FY 2023). Profit margin: 28% (in line with FY 2023). Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 3.4%. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Feb 20Chief Telecom Inc., Annual General Meeting, May 22, 2025Chief Telecom Inc., Annual General Meeting, May 22, 2025. Location: 2 floor no,327, t`i ting ta tao, neihu district, taipei city Taiwan
공지 • Feb 12Chief Telecom Inc. to Report Q4, 2024 Results on Feb 19, 2025Chief Telecom Inc. announced that they will report Q4, 2024 results on Feb 19, 2025
Reported Earnings • Nov 05Third quarter 2024 earnings: EPS exceeds analyst expectationsThird quarter 2024 results: EPS: NT$3.33 (up from NT$3.11 in 3Q 2023). Revenue: NT$1.00b (up 22% from 3Q 2023). Net income: NT$259.0m (up 13% from 3Q 2023). Profit margin: 26% (down from 28% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 2.2%. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
공지 • Oct 23Chief Telecom Inc. to Report Q3, 2024 Results on Oct 30, 2024Chief Telecom Inc. announced that they will report Q3, 2024 results on Oct 30, 2024
Price Target Changed • Aug 09Price target increased by 30% to NT$560Up from NT$432, the current price target is an average from 3 analysts. New target price is 15% above last closing price of NT$489. Stock is up 32% over the past year. The company is forecast to post earnings per share of NT$13.18 for next year compared to NT$11.84 last year.
Reported Earnings • Aug 08Second quarter 2024 earnings: EPS and revenues exceed analyst expectationsSecond quarter 2024 results: EPS: NT$3.30 (up from NT$2.78 in 2Q 2023). Revenue: NT$897.1m (up 13% from 2Q 2023). Net income: NT$256.8m (up 19% from 2Q 2023). Profit margin: 29% (up from 27% in 2Q 2023). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 3.8%. Earnings per share (EPS) also surpassed analyst estimates by 8.6%. Revenue is forecast to grow 13% p.a. on average during the next 2 years, compared to a 3.9% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 23% per year, which means it is tracking significantly ahead of earnings growth.
Buy Or Sell Opportunity • Aug 05Now 21% undervaluedOver the last 90 days, the stock has risen 15% to NT$414. The fair value is estimated to be NT$525, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 10% in the next year.
공지 • Jul 30Chief Telecom Inc. to Report Q2, 2024 Results on Aug 06, 2024Chief Telecom Inc. announced that they will report Q2, 2024 results on Aug 06, 2024
Valuation Update With 7 Day Price Move • Jul 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to NT$408, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 14x in the Telecom industry in Asia. Total returns to shareholders of 68% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at NT$462 per share.
Upcoming Dividend • Jun 24Upcoming dividend of NT$10.60 per shareEligible shareholders must have bought the stock before 01 July 2024. Payment date: 19 July 2024. Payout ratio is on the higher end at 88% but the company is not cash flow positive. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (4.2%). Lower than average of industry peers (3.8%).
Buy Or Sell Opportunity • May 10Now 22% undervaluedOver the last 90 days, the stock has risen 8.5% to NT$347. The fair value is estimated to be NT$443, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 7.6% over the last 3 years. Earnings per share has grown by 15%. Revenue is forecast to grow by 14% in a year. Earnings are forecast to grow by 10% in the next year.
Reported Earnings • Apr 26First quarter 2024 earnings: EPS and revenues exceed analyst expectationsFirst quarter 2024 results: EPS: NT$3.11 (up from NT$2.88 in 1Q 2023). Revenue: NT$855.2m (up 6.4% from 1Q 2023). Net income: NT$242.0m (up 7.9% from 1Q 2023). Profit margin: 28% (in line with 1Q 2023). Revenue exceeded analyst estimates by 3.2%. Earnings per share (EPS) also surpassed analyst estimates by 5.4%. Over the last 3 years on average, earnings per share has increased by 15% per year whereas the company’s share price has increased by 11% per year.
공지 • Apr 19Chief Telecom Inc. to Report Q1, 2024 Results on Apr 25, 2024Chief Telecom Inc. announced that they will report Q1, 2024 results on Apr 25, 2024
공지 • Mar 01Chief Telecom Inc. Announces Resignation of Ai-Jun Pang as the Company's Independent Director, Effective May 28, 2024Chief Telecom Inc. announced resignation of Ai-Jun Pang as the Company's independent director. The effective date will be the date of 2024 Annual General Shareholders' Meeting to be held on May 28, 2024.
Reported Earnings • Feb 22Full year 2023 earnings: EPS misses analyst expectationsFull year 2023 results: EPS: NT$11.84 (up from NT$10.77 in FY 2022). Revenue: NT$3.24b (up 5.3% from FY 2022). Net income: NT$921.1m (up 10% from FY 2022). Profit margin: 28% (up from 27% in FY 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 2.0%. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth.
공지 • Feb 17Chief Telecom Inc., Annual General Meeting, May 28, 2024Chief Telecom Inc., Annual General Meeting, May 28, 2024. Location: Second Floor, No. 327, Section 1, Tiding Avenue, Neihu District Taipei City Taiwan Agenda: To consider and approve the annual business report of the company; to consider and approve the cash dividend distribution report; to consider and approve the directors remuneration and employee remuneration distribution; and to consider any other matters.
Price Target Changed • Jan 23Price target increased by 13% to NT$439Up from NT$387, the current price target is an average from 3 analysts. New target price is 37% above last closing price of NT$320. Stock is up 26% over the past year. The company is forecast to post earnings per share of NT$12.03 for next year compared to NT$10.77 last year.
공지 • Nov 17+ 3 more updatesChief Telecom Inc. Announces Resignation of Yen-Hung Wu as CEOChief Telecom Inc. announced that the Chairperson of the Company is concurrently appointed as CSO (the former concurrently serving as CEO has resigned). Name, title, and resume of the previous position holder: Yen-Hung Wu/Chairperson of the Company concurrently serves as CEO. Name, title, and resume of the new position holder: Yen-Hung Wu/Chairperson of the Company concurrently serves as CSO. Type of change: new replacement. Effective date: November 16, 2023. Reason for the change: After the comprehensive re-election, the board of directors resolved.
Major Estimate Revision • Nov 11Consensus EPS estimates increase by 14%The consensus outlook for fiscal year 2023 has been updated. 2023 EPS estimate increased from NT$11.11 to NT$12.63. Revenue forecast steady at NT$3.24b. Net income forecast to grow 7.4% next year vs 12% growth forecast for Telecom industry in Taiwan. Consensus price target broadly unchanged at NT$387. Share price was steady at NT$321 over the past week.
Reported Earnings • Nov 08Third quarter 2023 earnings: EPS exceeds analyst expectationsThird quarter 2023 results: EPS: NT$3.11 (up from NT$2.65 in 3Q 2022). Revenue: NT$822.2m (up 7.3% from 3Q 2022). Net income: NT$228.9m (up 11% from 3Q 2022). Profit margin: 28% (up from 27% in 3Q 2022). The increase in margin was driven by higher revenue. Revenue was in line with analyst estimates. Earnings per share (EPS) surpassed analyst estimates by 16%. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has remained flat, which means it is significantly lagging earnings.
Upcoming Dividend • Aug 10Upcoming dividend of NT$9.00 per share at 2.2% yieldEligible shareholders must have bought the stock before 17 August 2023. Payment date: 22 September 2023. Payout ratio is a comfortable 72% but the company is paying out more than the cash it is generating. Trailing yield: 2.2%. Lower than top quartile of Taiwanese dividend payers (5.5%). Lower than average of industry peers (4.0%).
Reported Earnings • Jul 28Second quarter 2023 earnings released: EPS: NT$3.06 (vs NT$2.86 in 2Q 2022)Second quarter 2023 results: EPS: NT$3.06 (up from NT$2.86 in 2Q 2022). Revenue: NT$791.5m (up 3.4% from 2Q 2022). Net income: NT$216.6m (up 7.1% from 2Q 2022). Profit margin: 27% (up from 26% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 13% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Telecom industry in Asia. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth.
공지 • Jun 30Chief Telecom Inc. Approves the Cash Dividend for the Year 2022Chief Telecom Inc. approved the total cash dividend of TWD 636,703,929 or TWD 9 per share for the year 2022, at the AGM held on June 29, 2023.
Reported Earnings • Apr 14Full year 2022 earnings released: EPS: NT$11.85 (vs NT$9.75 in FY 2021)Full year 2022 results: EPS: NT$11.85 (up from NT$9.75 in FY 2021). Revenue: NT$3.08b (up 10.0% from FY 2021). Net income: NT$836.8m (up 22% from FY 2021). Profit margin: 27% (up from 25% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year whereas the company’s share price has increased by 12% per year.
Price Target Changed • Apr 11Price target increased by 13% to NT$430Up from NT$381, the current price target is provided by 1 analyst. New target price is 10% above last closing price of NT$390. Stock is up 43% over the past year. The company posted earnings per share of NT$11.85 last year.
Valuation Update With 7 Day Price Move • Feb 23Investor sentiment improves as stock rises 20%After last week's 20% share price gain to NT$349, the stock trades at a trailing P/E ratio of 29.5x. Average forward P/E is 14x in the Telecom industry in Taiwan. Total returns to shareholders of 68% over the past three years.
공지 • Jan 05Chief Telecom Inc. Announces Executive ChangesChief Telecom Inc. announced the change in representative of the company's institutional director. Name of the previous position holder: Ming Chung; Resume of the previous position holder:Vice President, Information Technology Business Group of Chunghwa Telecom Co., Ltd; Name of the new position holder: Chung-Shuo Lin; Resume of the new position holder: Vice President, Information Technology Business Group of Chunghwa Telecom Co., Ltd; Reason for the change: Chunghwa Telecom assigned a new representative to serve as institutional director. Effective date of the new appointment is January 04, 2023.
Board Change • Nov 16Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ai-Chun Pang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Nov 01Third quarter 2022 earnings released: EPS: NT$2.91 (vs NT$2.49 in 3Q 2021)Third quarter 2022 results: EPS: NT$2.91 (up from NT$2.49 in 3Q 2021). Revenue: NT$766.2m (up 6.4% from 3Q 2021). Net income: NT$205.6m (up 17% from 3Q 2021). Profit margin: 27% (up from 24% in 3Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth.
Reported Earnings • Jul 29Second quarter 2022 earnings released: EPS: NT$2.86 (vs NT$2.23 in 2Q 2021)Second quarter 2022 results: EPS: NT$2.86 (up from NT$2.23 in 2Q 2021). Revenue: NT$765.7m (up 12% from 2Q 2021). Net income: NT$202.2m (up 29% from 2Q 2021). Profit margin: 26% (up from 23% in 2Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 12% per year whereas the company’s share price has increased by 8% per year.
Board Change • Jul 01Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ai-Chun Pang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Upcoming Dividend • Jun 23Upcoming dividend of NT$9.30 per shareEligible shareholders must have bought the stock before 30 June 2022. Payment date: 18 July 2022. Payout ratio is on the higher end at 92%, and the cash payout ratio is above 100%. Trailing yield: 3.4%. Lower than top quartile of Taiwanese dividend payers (6.4%). Lower than average of industry peers (4.1%).
공지 • Jun 08Chief Telecom Inc. Announces Cash Dividend for the Year 2022, Payable on July 18, 2022Chief Telecom Inc. announced a cash dividend of TWD 614,936,715 or TWD 8.7 per share for the year 2022. Ex-rights (Ex-dividend) date is June 30, 2022. Ex-rights (Ex-dividend) record date is July 6, 2022. Payment date of cash dividend distribution is July 18, 2022.
Board Change • May 17Less than half of directors are independentFollowing the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Ai-Chun Pang was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Reported Earnings • Apr 29First quarter 2022 earnings released: EPS: NT$2.79 (vs NT$2.38 in 1Q 2021)First quarter 2022 results: EPS: NT$2.79 (up from NT$2.38 in 1Q 2021). Revenue: NT$749.8m (up 8.7% from 1Q 2021). Net income: NT$196.5m (up 18% from 1Q 2021). Profit margin: 26% (up from 24% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year whereas the company’s share price has increased by 15% per year.
Reported Earnings • Feb 18Full year 2021 earnings: Revenues and EPS in line with analyst expectationsFull year 2021 results: EPS: NT$9.75 (up from NT$8.67 in FY 2020). Revenue: NT$2.80b (up 9.2% from FY 2020). Net income: NT$686.6m (up 13% from FY 2020). Profit margin: 25% (in line with FY 2020). Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 8.2%, compared to a 4.0% growth forecast for the industry in Taiwan. Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 18% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • Oct 29Third quarter 2021 earnings released: EPS NT$2.49 (vs NT$2.15 in 3Q 2020)The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: NT$720.1m (up 10% from 3Q 2020). Net income: NT$175.6m (up 16% from 3Q 2020). Profit margin: 24% (up from 23% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 21% per year, which means it is tracking significantly ahead of earnings growth.
Upcoming Dividend • Aug 26Upcoming dividend of NT$8.80 per shareEligible shareholders must have bought the stock before 02 September 2021. Payment date: 17 September 2021. Trailing yield: 3.0%. Lower than top quartile of Taiwanese dividend payers (5.2%). Lower than average of industry peers (3.7%).
Reported Earnings • Aug 01Second quarter 2021 earnings released: EPS NT$2.23 (vs NT$2.10 in 2Q 2020)The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat. Second quarter 2021 results: Revenue: NT$681.3m (up 8.0% from 2Q 2020). Net income: NT$157.3m (up 6.7% from 2Q 2020). Profit margin: 23% (in line with 2Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 15% per year, which means it is tracking significantly ahead of earnings growth.
Reported Earnings • May 01First quarter 2021 earnings released: EPS NT$2.38 (vs NT$2.11 in 1Q 2020)The company reported a solid first quarter result with improved earnings and revenues, although profit margins were flat. First quarter 2021 results: Revenue: NT$689.7m (up 12% from 1Q 2020). Net income: NT$167.1m (up 14% from 1Q 2020). Profit margin: 24% (in line with 1Q 2020). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 13% per year.
분석 기사 • Apr 08Investors Could Be Concerned With Chief Telecom's (GTSM:6561) Returns On CapitalIf we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
분석 기사 • Mar 18Should Chief Telecom (GTSM:6561) Be Disappointed With Their 54% Profit?Vanguard founder Jack Bogle helped spearhead the low-cost index fund, putting average returns within reach of every...
분석 기사 • Feb 23Estimating The Intrinsic Value Of Chief Telecom Inc. (GTSM:6561)Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Chief Telecom Inc...
Reported Earnings • Feb 21Full year 2020 earnings released: EPS NT$8.67 (vs NT$7.83 in FY 2019)The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2020 results: Revenue: NT$2.56b (up 6.9% from FY 2019). Net income: NT$607.8m (up 12% from FY 2019). Profit margin: 24% (up from 23% in FY 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has increased by 19% per year, which means it is tracking significantly ahead of earnings growth.
Analyst Estimate Surprise Post Earnings • Feb 21Revenue beats expectationsRevenue exceeded analyst estimates by 1.0%.
공지 • Feb 20Chief Telecom Inc., Annual General Meeting, Jun 11, 2021Chief Telecom Inc., Annual General Meeting, Jun 11, 2021. Location: Second Floor, No. 327, Section 1, Tiding Avenue, Neihu District Tai Pei Taiwan Agenda: To consider the 109th annual business report of the company; to consider the audit report of the 109th annual audit committee of the company; to consider the company's 109 year report on directors' remuneration and employee remuneration distribution; to consider revise the report of the company's Integrity Operation Procedures and Behavior Guidelines; and to consider the company plans to issue cash with capital reserve.
분석 기사 • Feb 03Chief Telecom's (GTSM:6561) Earnings Are Growing But Is There More To The Story?Statistically speaking, it is less risky to invest in profitable companies than in unprofitable ones. Having said that...
Is New 90 Day High Low • Jan 28New 90-day low: NT$301The company is down 18% from its price of NT$365 on 30 October 2020. The Taiwanese market is up 23% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 1.0% over the same period.
Is New 90 Day High Low • Jan 12New 90-day low: NT$338The company is down 5.0% from its price of NT$356 on 15 October 2020. The Taiwanese market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Telecom industry, which is up 3.0% over the same period.
분석 기사 • Jan 11Are Chief Telecom Inc.'s (GTSM:6561) Fundamentals Good Enough to Warrant Buying Given The Stock's Recent Weakness?With its stock down 4.6% over the past month, it is easy to disregard Chief Telecom (GTSM:6561). However, the company's...
분석 기사 • Dec 22Here's How We Evaluate Chief Telecom Inc.'s (GTSM:6561) DividendIs Chief Telecom Inc. ( GTSM:6561 ) a good dividend stock? How can we tell? Dividend paying companies with growing...
분석 기사 • Dec 04Is Chief Telecom's (GTSM:6561) 124% Share Price Increase Well Justified?The worst result, after buying shares in a company (assuming no leverage), would be if you lose all the money you put...
Reported Earnings • Oct 27Third quarter earnings releasedOver the last 12 months the company has reported total profits of NT$587.7m, up 11% from the prior year. Total revenue was NT$2.51b over the last 12 months, up 6.0% from the prior year.
Analyst Estimate Surprise Post Earnings • Oct 27Third-quarter earnings released: Revenue beats expectationsThird-quarter revenue exceeded analyst estimates by 0.7% at NT$653.9m.