CHT vs BCE vs TIMB Stock Comparison

Chunghwa Telecom, Bce and Tim Prices as of Oct 26, 2026 Peers: Industry group
CHT Chunghwa Telecom Co Ltd
$48.19 +4.5% 1M +11.2% 1Y
Market cap
$37.38B
P/E
27.9x
Revenue (TTM)
$7.90B
Div. yield
3.34%
Wireless Carriers Communication Services
3 wins
BCE Bce Inc
$20.26 -3.4% 1M -14.9% 1Y
Market cap
$18.89B
P/E
3.8x
Revenue (TTM)
$21.97B
Div. yield
8.07%
Wireless Carriers Communication Services
3 wins
TIMB Tim S.A.
$16.78 -7.6% 1M -25.9% 1Y
Market cap
$8.03B
P/E
9.8x
Revenue (TTM)
$5.32B
Div. yield
7.27%
Wireless Carriers Communication Services
6 wins

Head to Head

12 decided of 12

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

QuestionCHTBCETIMBLeader
Larger companyMarket capitalisation $37.38B $18.89B $8.03B CHT
Cheaper on earningsLower P/E, profitable companies only 27.9x 3.8x 9.8x BCE
Cheaper on forward earningsLower price / next fiscal year consensus EPS 28.0x 11.3x 10.0x TIMB
Faster revenue growthRevenue growth, trailing twelve months +8.3% +2.2% +12.2% TIMB
More profitableNet margin, trailing twelve months 17.0% 22.7% 15.5% BCE
Better return on capitalReturn on invested capital 10.7% 13.4% 26.5% TIMB
Less leveragedLower net debt / EBITDA — 2.8x -0.2x TIMB
Higher dividend yieldTrailing dividend yield 3.34% 8.07% 7.27% BCE
Better 1-year returnPrice return, last 12 months +11.2% -14.9% -25.9% CHT
Better 5-year returnAnnualised price return, 5 years +4.0%/yr -16.9%/yr +10.5%/yr TIMB
Less volatileAnnualised volatility, 1 year 13.9% 22.0% 36.4% CHT
Higher overall scoreMean of the five percentile scores vs peers 50/100 61/100 79/100 TIMB

Percentile Scorecard

CHTBCETIMB

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

AxisCHTBCETIMB
Valuation 25 #19 of 25 58 #11 of 25 83 #5 of 25
Growth 48 #12 of 22 67 #8 of 22 62 #9 of 22
Profitability 52 #11 of 22 81 #5 of 22 95 #2 of 22
Financial Health 96 #2 of 26 36 #17 of 26 80 #6 of 26
Shareholder Returns 30 #15 of 21 65 #8 of 21 75 #6 of 21
Overall 50 61 79
  • CHT ranked among 27 companies in Telecommunications
  • BCE ranked among 27 companies in Telecommunications
  • TIMB ranked among 27 companies in Telecommunications

Price Performance

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

Returns

PeriodCHTBCETIMBSPY
1 month +4.5%-3.4%-7.6% -0.8%
3 months +11.8%-4.7%-19.5% +3.5%
6 months +10.5%-14.0%-35.1% +7.0%
Year to date +15.5%-14.9%-13.7% +12.2%
1 year +11.2%-14.9%-25.9% +13.0%
3 years +35.7%-44.7%+11.9% +86.3%
3 years, per year +10.7%-17.9%+3.8% +23.1%
5 years +21.7%-60.3%+64.3% +68.6%
5 years, per year +4.0%-16.9%+10.5% +11.0%
10 years +38.1%-55.2%+21.2% +258.0%
10 years, per year +3.3%-7.7%+1.9% +13.6%

Risk

MeasureCHTBCETIMBSPY
Volatility, 1Y 13.9%22.0%36.4% 12.7%
Downside volatility, 1Y 14.8%23.1%41.4% 12.7%
Beta vs S&P 500, 1Y 0.10-0.230.43 1.00
Return / volatility, 1Y 0.81-0.68-0.71 1.02
Max drawdown, 5Y -26.5%-68.2%-40.0% -25.4%
From 52-week high -1.1%-23.4%-40.0% -1.8%
52-week high $48.73$26.45$27.96 $779.14
52-week low $40.74$18.79$16.78 $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.

MultipleCHTBCETIMB
P/E now vs peer median 27.9xmedian 12.3x 3.8xmedian 12.3x 9.8xmedian 12.3x
P/S now vs peer median 4.7xmedian 1.1x 0.9xmedian 1.1x 1.5xmedian 1.1x
EV/EBITDA now vs peer median —median 5.9x 4.7xmedian 5.9x 2.8xmedian 5.9x
P/FCF now vs peer median 59.8xmedian 3.9x -8.8xmedian 3.9x 3.0xmedian 3.9x
P/B now vs peer median 3.3xmedian 1.1x 1.1xmedian 1.1x 1.7xmedian 1.1x
PEG now vs peer median 2.08median 0.25 0.08median 0.25 0.91median 0.25

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 monthsCHTBCETIMB
Revenue $7.90B $21.97B $5.32B
Gross profit $2.88B $18.64B $2.91B
Operating income $1.61B $6.29B $1.34B
Net income $1.34B $4.68B $825.44M
Free cash flow $625.04M -$2.14B $2.65B
R&D $144.76M – –
EPS (diluted) $1.72 $5.37 $1.71
Cash & equivalents $1.32B $335.70M $516.69M
Total debt $620.49M $119.67B $297.23M
Shares (diluted) 777.60M 929.10M 482.86M
Enterprise value $29.88B $17.24B $3.74B

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
MetricCHTBCETIMB
P/E 27.9x 3.8x 9.8x
P/FCF 59.8x -8.8x 3.0x
P/Operating cash flow – 3.0x 3.0x
P/S 4.7x 0.9x 1.5x
P/B 3.3x 1.1x 1.7x
P/Tangible book 3.3x 4.4x 4.4x
EV/EBITDA – 4.7x 2.8x
EV/EBIT 21.8x 7.6x 5.6x
EV/Revenue 4.4x 2.2x 1.4x
EV/FCF 56.0x -22.4x 2.8x
EV/Operating cash flow – 7.6x 2.8x
PEG (3Y EPS CAGR) 2.08 0.08 0.91

Growth

14 metrics
MetricCHTBCETIMB
Revenue growth (1Y) 8.3% 2.2% 12.2%
Revenue CAGR (3Y) 3.2% 6.2% -10.9%
Gross profit growth (1Y) 7.9% -0.8% 15.3%
Gross profit CAGR (3Y) 2.8% 9.6% -8.4%
Operating income growth (1Y) 6.9% -7.0% 33.0%
Operating income CAGR (3Y) 1.1% 53.8% 21.6%
Net income growth (1Y) 8.2% 1,063% 18.6%
Net income CAGR (3Y) -0.8% 36.8% 10.7%
EPS growth (1Y) 52.6% 1,649% 18.8%
EPS CAGR (3Y) 13.5% 44.4% 10.8%
Operating cash flow growth (1Y) – -7.0% 3.8%
Operating cash flow CAGR (3Y) – -6.4% 3.9%
Free cash flow growth (1Y) -11.2% -144.0% 48.0%
Free cash flow CAGR (3Y) 2.4% -32.6% -6.6%

Profitability

14 metrics
MetricCHTBCETIMB
Gross margin 36.5% 84.8% 54.7%
EBITDA margin – 46.8% 50.7%
Operating margin 20.3% 28.6% 25.2%
Pretax margin 21.0% 52.5% 18.2%
Net margin 17.0% 22.7% 15.5%
FCF margin 7.9% -9.8% 49.8%
Operating cash flow margin – 28.6% 49.8%
Return on equity 11.3% 31.0% 17.4%
Return on assets 1.9% 9.0% 7.5%
Return on invested capital 10.7% 13.4% 26.5%
Return on capital employed 2.4% 12.5% –
Asset turnover 0.1x 0.4x 0.5x
Cash conversion (OCF / net income) – 1.3x 3.2x
Stock comp / revenue – – 0.1%

Financial Health

11 metrics
MetricCHTBCETIMB
Debt / assets 1.1% 51.5% 2.7%
Debt / equity 0.0x 1.8x 0.1x
Net debt / EBITDA – 2.8x -0.2x
Debt / FCF 0.3x -13.7x 0.1x
Liabilities / assets 34.0% 70.6% 56.3%
Equity / assets 66.0% 29.4% 43.7%
Interest coverage 144.6x 6.7x 2.2x
Current ratio 1.2x 0.7x –
Quick ratio 1.0x 0.5x –
Cash ratio 0.7x 0.0x –
Altman Z-score 6.02 0.95 –

Shareholder Returns

7 metrics
MetricCHTBCETIMB
Dividend yield 3.3% 8.1% 7.3%
Net buyback yield – -0.5% –
Shareholder yield 3.3% 7.6% 7.3%
Payout ratio (earnings) – 41.1% –
Payout ratio (FCF) – -89.7% –
Dividend growth (1Y) – 146.7% –
Dividend CAGR (3Y) – 34.6% –

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.

ConsensusCHTBCETIMB
Forward P/E 28.0xFY2026 11.3xFY2026 10.0xFY2026
EPS, next fiscal year $1.72FY2026 $1.79FY2026 $1.68FY2026
EPS growth, next FY +8.9%FY2026 -12.3%FY2026 -2.9%FY2026
EPS growth, the year after +3.5% -2.2% +28.6%
Revenue, next fiscal year $7.64BFY2026 $18.50BFY2026 $5.74BFY2026
Revenue growth, next FY +2.2%FY2026 +3.8%FY2026 +11.8%FY2026
Revenue growth, the year after +12.1% +0.7% +4.7%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersCHTBCETIMB
Held by institutions 2.6% 48.1% 4.4%
Institutions holding 218 394 169
Change in shares held, QoQ +1.3% +5.3% -4.0%
Institutions buying 136 184 88
Institutions selling 47 130 56
Buyers to sellers 2.89 1.42 1.57

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.

CHTBCETIMB
CHT 1.00 0.21 0.19
BCE 0.21 1.00 0.10
TIMB 0.19 0.10 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, CHT, BCE and TIMB?

Chunghwa Telecom (CHT) is the largest by market capitalisation: Chunghwa Telecom (CHT) $37.38B, Bce (BCE) $18.89B, Tim (TIMB) $8.03B.

Which stock is cheaper, CHT, BCE and TIMB?

Bce (BCE) trades on the lowest price-to-earnings ratio (Chunghwa Telecom (CHT) 27.9x, Bce (BCE) 3.8x, Tim (TIMB) 9.8x). On next year's consensus earnings, Tim (TIMB) is cheapest (Chunghwa Telecom (CHT) 28.0x, Bce (BCE) 11.3x, Tim (TIMB) 10.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Tim (TIMB) grew revenue fastest over the trailing twelve months: Chunghwa Telecom (CHT) +8.3%, Bce (BCE) +2.2%, Tim (TIMB) +12.2%.

Which company is more profitable?

Bce (BCE) has the highest net margin (Chunghwa Telecom (CHT) 17.0%, Bce (BCE) 22.7%, Tim (TIMB) 15.5%). On return on invested capital, Tim (TIMB) leads (Chunghwa Telecom (CHT) 10.7%, Bce (BCE) 13.4%, Tim (TIMB) 26.5%).

Which stock has performed better?

Over the past year Chunghwa Telecom (CHT) returned the most: Chunghwa Telecom (CHT) +11.2%, Bce (BCE) -14.9%, Tim (TIMB) -25.9%. Over five years, Tim (TIMB) compounded fastest (Chunghwa Telecom (CHT) +4.0%/yr, Bce (BCE) -16.9%/yr, Tim (TIMB) +10.5%/yr). Returns are price only, before dividends.

Which pays a higher dividend?

Bce (BCE) has the highest dividend yield: Chunghwa Telecom (CHT) 3.34%, Bce (BCE) 8.07%, Tim (TIMB) 7.27%.

Which stock is riskier?

By one-year price volatility, Chunghwa Telecom (CHT) has been the steadiest (Chunghwa Telecom (CHT) 13.9%, Bce (BCE) 22.0%, Tim (TIMB) 36.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, CHT, BCE and TIMB?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Tim (TIMB) 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.