CHT

CHT — Valuation Models

Interactive models with editable assumptions. All calculations run client-side.

Valuation Summary

ModelIntrinsic Valuevs Price ($43.51)
DCF$1024.62+2254.9%
Graham Number$7.46-82.8%
Reverse DCFimplied g: -20.0%
DDM$34.40-20.9%
EV/EBITDA$453.83+943.1%

Values reflect default assumptions. Adjust inputs in each model below to update.

1 — Discounted Cash Flow (DCF)

Assumptions

Yahoo: $44.16B
Rev: 0.5% / EPS: 3.6%
Default: 9% (no SEC data)

Results

Intrinsic Value / share$1024.62
Current Price$43.51
Upside / Downside+2254.9%
Net Debt (used)-$19.48B
Sensitivity: WACC (rows) × Near-term g (cols)
WACC \ Near-term-3.0%1.0%5.0%9.0%13.0%
7.0%$1033.20$1237.06$1474.23$1748.72$2064.87
8.0%$853.83$1017.91$1208.51$1428.81$1682.25
9.0%$729.53$866.15$1024.62$1207.54$1417.72
10.0%$638.28$754.83$889.82$1045.44$1224.04
11.0%$568.41$669.68$786.79$921.62$1076.18

2 — Graham Number

Assumptions

Graham used 22.5 (15× P/E × 1.5× P/B)
Yahoo: $1.57
Yahoo: $1.58

Results

Graham Number$7.46
Current Price$43.51
Margin of Safety-82.8%
Formula: √(22.5 × max(0,EPS) × max(0,BVPS))

3 — Reverse DCF (Implied Growth)

Assumptions

Default: 9% (no SEC data)

Results

Current Price$43.51
Implied Near-term FCF Growth-20.0%
Historical Revenue Growth0.5%
Historical Earnings Growth3.6%
Base FCF (TTM)$44.16B
Implied growth is the FCF growth rate (yrs 1–5) that makes the DCF intrinsic value equal the current price. Long-term growth is set to half the implied near-term rate.

4 — Dividend Discount Model (DDM)

Assumptions

Yahoo: $1.67

Results

DDM Intrinsic Value / share$34.40
Current Price$43.51
Upside / Downside-20.9%
Formula: D0 × (1+g) / (r − g)

5 — EV/EBITDA Multiple

Assumptions

Yahoo: $84.30B
Current: 3.9×
Default: -$19.48B

Results

Implied Equity Value / share$453.83
Current Price$43.51
Upside / Downside+943.1%
Implied EV$332.57B
Sensitivity: EV/EBITDA multiple (rows) × Net Debt (cols)
Mult \ Net Debt-$29.48B-$24.48B-$19.48B-$14.48B-$9.48B
-0.1x$32.03$25.58$19.14$12.69$6.25
1.9x$249.38$242.93$236.48$230.04$223.59
3.9x$466.72$460.28$453.83$447.39$440.94
5.9x$684.07$677.62$671.18$664.73$658.29
7.9x$901.42$894.97$888.53$882.08$875.63