Company Valuation: China Telecom Corporation Limited

Data adjusted to current consolidation scope
Fiscal Period: December 2021 2022 2023 2024 2025 2026 2027 2028
Market Cap 1 365,531 362,954 467,089 623,994 556,284 538,507 - -
Change - -0.7% 28.69% 33.59% -10.85% -3.2% - -
Enterprise Value (EV) 1 349,219 297,138 397,794 533,517 466,500 453,380 431,698 427,298
Change - -14.91% 33.88% 34.12% -12.56% -2.81% -4.78% -1.02%
P/E 6.83x 9.05x 10.3x 12.7x 13.5x 11.8x 11.2x 10.5x
PBR 0.42x 0.58x 0.7x 0.93x 0.96x 0.75x 0.74x 0.73x
PEG - -2.81x 1x 1.4x - -1.23x 2.13x 1.57x
Capitalization / Revenue 0.83x 0.75x 0.92x 1.18x 1.05x 1.03x 1.01x 1x
EV / Revenue 0.79x 0.62x 0.78x 1.01x 0.88x 0.87x 0.81x 0.79x
EV / EBITDA 2.82x 2.28x 2.8x 3.79x 3.24x 3.24x 3.02x 2.97x
EV / EBIT 11.3x 8.89x 9.34x 13.4x 11.8x 12.7x 11.6x 10.8x
EV / FCF 6.63x 6.36x 7.99x 10.4x 10.4x 10.7x 9.15x 8.02x
FCF Yield 15.1% 15.7% 12.5% 9.66% 9.58% 9.38% 10.9% 12.5%
Dividend per Share 2 0.17 0.196 0.2332 0.2598 0.272 0.2518 0.275 0.302
Rate of return 8.03% 7.22% 6.87% 5.68% 5.62% 6.55% 7.16% 7.86%
EPS 2 0.31 0.3 0.33 0.36 0.36 0.3256 0.3427 0.3656
Distribution rate 54.8% 65.3% 70.7% 72.2% 75.6% 77.3% 80.3% 82.6%
Net sales 1 439,552 481,448 507,843 529,417 529,559 523,454 534,272 538,963
EBITDA 1 123,912 130,359 142,072 140,847 143,872 140,134 142,780 143,989
EBIT 1 30,947 33,427 42,569 39,803 39,674 35,802 37,147 39,493
Net income 1 25,948 27,593 30,446 33,012 33,185 29,732 31,340 32,831
Net Debt 1 -16,312 -65,816 -69,295 -90,477 -89,784 -85,127 -106,809 -111,209
Reference price 2 2.118 2.716 3.395 4.576 4.844 3.842 3.842 3.842
Nbr of stocks (in thousands) 91,507,139 91,507,139 91,507,139 91,507,139 91,507,139 91,507,139 - -
Announcement Date 17/03/22 22/03/23 04/03/24 25/03/25 24/03/26 - - -
1CNY in Million2CNY
Estimates

P/E, Detailed evolution



P/E (Y) EV / Sales (Y) EV / EBITDA (Y) Dividend Yield (Y) Capi.($)
11.08x1.31x4.16x7.01% 223B
10.98x2.58x6.82x5.67% 207B
14.03x2.22x5.13x3.91% 160B
13.92x1.87x8.14x3.02% 92.98B
11.84x0.88x3.32x6.53% 80.46B
11.82x1.81x4.56x2.77% 69.74B
15.35x2.69x8.4x5.04% 58.22B
23.81x5.38x19.64x4.58% 56.66B
15.19x2.81x6.29x4.33% 51.81B
Average 14.22x 2.39x 7.38x 4.76% 111.06B
Weighted average by Cap. 13.09x 2.16x 6.43x 5.14%

Y-o-Y evolution of P/E

Historical PBR trend

Evolution Enterprise Value / Sales

Change in Enterprise Value/EBITDA



Year-on-year evolution of the Yield

  1. Stock Market
  2. Stocks
  3. 728 Stock
  4. 601728 Stock
  5. Valuation China Telecom Corporation Limited
LAST HOURS | 40% Discount: The Best Subscriber-Only Tools to Unlock Hidden Opportunities!
d
:
:
SEIZE THE OFFER!