APLD vs CHT vs GDS Stock Comparison

Applied Digital, Chunghwa Telecom and GDS Holdings Prices as of Oct 26, 2026 Peers: Industry group
APLD Applied Digital Corp.
$17.83 -32.1% 1M -46.7% 1Y
Market cap
$5.69B
P/E
–
Revenue (TTM)
$853.85M
Div. yield
–
Data Centers Technology
2 wins
CHT Chunghwa Telecom Co Ltd
$48.19 +4.5% 1M +11.2% 1Y
Market cap
$37.64B
P/E
28.1x
Revenue (TTM)
$7.90B
Div. yield
–
Wireless Carriers Communication Services
6 wins
GDS GDS Holdings Ltd
$22.81 -30.4% 1M -34.7% 1Y
Market cap
$4.34B
P/E
8.2x
Revenue (TTM)
$1.75B
Div. yield
–
Data Centers Technology
3 wins

Head to Head

11 decided of 12

Chunghwa Telecom leads on 6 of the 12 questions below (Chunghwa Telecom 6, GDS Holdings 3, Applied Digital 2). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionAPLDCHTGDSLeader
Larger companyMarket capitalisation $5.69B $37.64B $4.34B CHT
Cheaper on earningsLower P/E, profitable companies only -12.1x 28.1x 8.2x GDS
Cheaper on forward earningsLower price / next fiscal year consensus EPS — 28.2x 43.9x CHT
Faster revenue growthRevenue growth, trailing twelve months +286.2% +8.3% +15.8% APLD
More profitableNet margin, trailing twelve months -54.9% 17.0% 30.1% GDS
Better return on capitalReturn on invested capital -4.1% 10.7% 1.0% CHT
Less leveragedLower net debt / EBITDA -18.4x — 3.1x APLD
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -46.7% +11.2% -34.7% CHT
Better 5-year returnAnnualised price return, 5 years -9.6%/yr +4.0%/yr -17.5%/yr CHT
Less volatileAnnualised volatility, 1 year 101.1% 13.9% 57.0% CHT
Higher overall scoreMean of the five percentile scores vs peers 36/100 53/100 69/100 GDS

Percentile Scorecard

APLDCHTGDS

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisAPLDCHTGDS
Valuation 32 #26 of 38 25 #37 of 49 95 #3 of 38
Growth 51 #18 of 36 50 #23 of 45 57 #16 of 36
Profitability 30 #24 of 34 55 #21 of 45 73 #10 of 34
Financial Health 43 #22 of 38 94 #4 of 49 51 #19 of 38
Shareholder Returns 25 #16 of 21 42 #22 of 37 –
Overall 36 53 69
  • APLD ranked among 39 companies in Cloud Computing
  • CHT ranked among 51 companies in Telecommunications
  • GDS ranked among 39 companies in Cloud Computing

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodAPLDCHTGDSSPY
1 month -32.1%+4.5%-30.4% -0.8%
3 months -32.4%+11.8%-27.3% +3.5%
6 months -47.0%+10.5%-48.1% +7.0%
Year to date -27.3%+15.5%-34.6% +12.2%
1 year -46.7%+11.2%-34.7% +13.0%
3 years +270.7%+35.7%+137.9% +86.3%
3 years, per year +54.8%+10.7%+33.5% +23.1%
5 years -39.7%+21.7%-61.7% +68.6%
5 years, per year -9.6%+4.0%-17.5% +11.0%
10 years +20,253.9%+38.1%— +258.0%
10 years, per year +70.2%+3.3%— +13.6%

Risk

MeasureAPLDCHTGDSSPY
Volatility, 1Y 101.1%13.9%57.0% 12.7%
Downside volatility, 1Y 95.0%14.8%58.0% 12.7%
Beta vs S&P 500, 1Y 4.410.102.00 1.00
Return / volatility, 1Y -0.460.81-0.61 1.02
Max drawdown, 5Y -97.0%-26.5%-91.8% -25.4%
From 52-week high -64.1%-1.1%-52.0% -1.8%
52-week high $49.65$48.73$47.52 $779.14
52-week low $17.83$40.74$22.14 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleAPLDCHTGDS
P/E now vs peer median -11.1xmedian 29.6x 27.9xmedian 11.8x 8.2xmedian 29.6x
P/S now vs peer median 6.2xmedian 4.2x 4.7xmedian 1.1x 2.7xmedian 4.2x
EV/EBITDA now vs peer median -46.9xmedian 24.2x —median 6.8x 11.1xmedian 24.2x
P/FCF now vs peer median -1.2xmedian 15.1x 59.8xmedian 5.7x 4.9xmedian 15.1x
P/B now vs peer median 3.3xmedian 3.9x 3.3xmedian 1.3x 1.1xmedian 3.9x
PEG now vs peer median 0.24median 0.38 2.08median 0.24 0.12median 0.38

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsAPLDCHTGDS
Revenue $853.85M $7.90B $1.75B
Gross profit $273.30M $2.88B $436.56M
Operating income -$303.82M $1.61B $82.93M
Net income -$351.47M $1.34B $542.46M
Free cash flow -$4.46B $625.04M $952.99M
R&D – $144.76M $4.66M
EPS (diluted) $-1.61 $1.72 $2.57
Cash & equivalents $2.95B $1.32B $2.20B
Total debt $6.38B $620.49M $15.20B
Shares (diluted) 291.56M 777.60M 205.57M
Enterprise value -$2.50B $29.65B -$3.94B

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricAPLDCHTGDS
P/E -11.1x 27.9x 8.2x
P/FCF -1.2x 59.8x 4.9x
P/Operating cash flow 22.5x – 9.2x
P/S 6.2x 4.7x 2.7x
P/B 3.3x 3.3x 1.1x
P/Tangible book 3.3x 3.3x 1.1x
EV/EBITDA -46.9x – 11.1x
EV/EBIT -28.7x 21.8x 78.8x
EV/Revenue 10.2x 4.4x 3.7x
EV/FCF -2.0x 56.0x 6.9x
EV/Operating cash flow 37.1x – 12.7x
PEG (3Y EPS CAGR) 0.24 2.08 0.12

Growth

14 metrics
MetricAPLDCHTGDS
Revenue growth (1Y) 286.2% 8.3% 15.8%
Revenue CAGR (3Y) 115.9% 3.2% 8.1%
Gross profit growth (1Y) 653.6% 7.9% 27.6%
Gross profit CAGR (3Y) 134.2% 2.8% 14.4%
Operating income growth (1Y) -254.9% 6.9% -57.2%
Operating income CAGR (3Y) -87.5% 1.1% -5.5%
Net income growth (1Y) -44.2% 8.2% -14.6%
Net income CAGR (3Y) -88.1% -0.8% 71.9%
EPS growth (1Y) -66.0% 52.6% -26.4%
EPS CAGR (3Y) -46.3% 13.5% 65.7%
Operating cash flow growth (1Y) 294.3% – 15.3%
Operating cash flow CAGR (3Y) 72.3% – 20.0%
Free cash flow growth (1Y) -346.5% -11.2% 3.3%
Free cash flow CAGR (3Y) -272.4% 2.4% -11.1%

Profitability

14 metrics
MetricAPLDCHTGDS
Gross margin 32.0% 36.5% 24.9%
EBITDA margin -21.8% – 33.5%
Operating margin -35.6% 20.3% 4.7%
Pretax margin -40.2% 21.0% 14.8%
Net margin -54.9% 17.0% 30.1%
FCF margin -521.8% 7.9% 54.3%
Operating cash flow margin 27.5% – 29.3%
Return on equity -21.1% 11.3% 12.5%
Return on assets -3.2% 1.9% 4.4%
Return on invested capital -4.1% 10.7% 1.0%
Return on capital employed -3.3% 2.4% 0.8%
Asset turnover 0.1x 0.1x 0.1x
Cash conversion (OCF / net income) -0.7x – 0.9x
Stock comp / revenue 31.8% – 2.5%

Financial Health

11 metrics
MetricAPLDCHTGDS
Debt / assets 54.5% 1.1% 31.9%
Debt / equity 4.0x 0.0x 0.9x
Net debt / EBITDA -18.4x – 3.1x
Debt / FCF -1.4x 0.3x 4.2x
Liabilities / assets 86.3% 34.0% 64.8%
Equity / assets 13.7% 66.0% 35.2%
Interest coverage -3.1x 144.6x 0.4x
Current ratio 2.6x 1.2x 1.8x
Quick ratio 1.9x 1.0x 1.4x
Cash ratio 1.9x 0.7x 1.1x
Altman Z-score 0.46 6.02 0.62

Shareholder Returns

7 metrics
MetricAPLDCHTGDS
Dividend yield – 3.3% –
Net buyback yield -17.4% – –
Shareholder yield -17.4% 3.3% –
Payout ratio (earnings) – – –
Payout ratio (FCF) – – –
Dividend growth (1Y) – – –
Dividend CAGR (3Y) – – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusAPLDCHTGDS
Forward P/E – 28.2xFY2026 43.9xFY2026
EPS, next fiscal year $-1.69FY2026 $1.71FY2026 $0.52FY2026
EPS growth, next FY – +8.2%FY2026 +550.0%FY2026
EPS growth, the year after – +3.5% -103.8%
Revenue, next fiscal year $1.00BFY2026 $7.63BFY2026 $1.96BFY2026
Revenue growth, next FY +64.0%FY2026 +2.1%FY2026 +20.4%FY2026
Revenue growth, the year after +87.8% +12.1% +1.6%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersAPLDCHTGDS
Held by institutions 74.5% 2.6% 50.9%
Institutions holding 564 218 198
Change in shares held, QoQ +8.6% +1.3% +15.4%
Institutions buying 339 136 120
Institutions selling 164 47 61
Buyers to sellers 2.07 2.89 1.97

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

APLDCHTGDS
APLD 1.00 0.00 0.42
CHT 0.00 1.00 0.04
GDS 0.42 0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, APLD, CHT and GDS?

Chunghwa Telecom (CHT) is the largest by market capitalisation: Applied Digital (APLD) $5.69B, Chunghwa Telecom (CHT) $37.64B, GDS Holdings (GDS) $4.34B.

Which stock is cheaper, APLD, CHT and GDS?

GDS Holdings (GDS) trades on the lowest price-to-earnings ratio (Applied Digital (APLD) -12.1x, Chunghwa Telecom (CHT) 28.1x, GDS Holdings (GDS) 8.2x). On next year's consensus earnings, Chunghwa Telecom (CHT) is cheapest (Chunghwa Telecom (CHT) 28.2x, GDS Holdings (GDS) 43.9x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Applied Digital (APLD) grew revenue fastest over the trailing twelve months: Applied Digital (APLD) +286.2%, Chunghwa Telecom (CHT) +8.3%, GDS Holdings (GDS) +15.8%.

Which company is more profitable?

GDS Holdings (GDS) has the highest net margin (Applied Digital (APLD) -54.9%, Chunghwa Telecom (CHT) 17.0%, GDS Holdings (GDS) 30.1%). On return on invested capital, Chunghwa Telecom (CHT) leads (Applied Digital (APLD) -4.1%, Chunghwa Telecom (CHT) 10.7%, GDS Holdings (GDS) 1.0%).

Which stock has performed better?

Over the past year Chunghwa Telecom (CHT) returned the most: Applied Digital (APLD) -46.7%, Chunghwa Telecom (CHT) +11.2%, GDS Holdings (GDS) -34.7%. Over five years, Chunghwa Telecom (CHT) compounded fastest (Applied Digital (APLD) -9.6%/yr, Chunghwa Telecom (CHT) +4.0%/yr, GDS Holdings (GDS) -17.5%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Chunghwa Telecom (CHT) has been the steadiest (Applied Digital (APLD) 101.1%, Chunghwa Telecom (CHT) 13.9%, GDS Holdings (GDS) 57.0%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, APLD, CHT and GDS?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Chunghwa Telecom (CHT) leads on 6. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.