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Taiwan's #2 mobile carrier; Fubon-group affiliate that also runs cable TV and the momo e-commerce site.
Taiwan's #2 mobile carrier; Fubon-group affiliate that also runs cable TV and the momo e-commerce site.
Earns monthly service fees from mobile subscribers and cable TV and broadband subscriptions, while momo, the majority-owned e-commerce company, sells consumer goods. The Fubon group is the largest shareholder.
In one line: A Taiwanese Verizon with a cable-TV and e-commerce arm.
Moat: narrow (scale, installed base, brand). Spectrum scale plus Fubon Group's momo e-commerce and cable-TV cross-sell differentiate it from telecom-only peers.
Headquarters: Taipei, Taiwan · Founded: 1997
Size Taiwan Mobile (3045.TW) is a Taiwan Consumer Discretionary company (Wireless Telecommunications) with a market value of $12.2B, the 49th largest of 687 Taiwan companies the cockpit tracks. Shares closed at NT$133.00 on 6 Nov 2026.
Performance Over six months the shares gained 20.4%, against +0.6% for the median peer and -3.4% for the Taiwan market (cap-weighted) — 6th highest of 21 in its peer set.
Growth Revenue grew 1.7% over the last twelve months (peer median -0.7%); the operating margin is 10.8% (peer median 9.2%).
Valuation It trades at 24.5× forward earnings against a peer median of 13.1× (most expensive of 17).
Price implies For today's price to make sense, revenue must grow about 2% a year for seven years (Req g). Recent delivered growth is +8%, so the hurdle is -6 pp: the price already allows for a slowdown.
Capital Return on invested capital runs 5.0 points above its cost of capital (5.0% WACC).
Next results Next results expected around 12 Nov 2026 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | NT$202B | NT$199B | NT$199B | NT$183B | NT$172B |
| Revenue growth | — | 0% | +9% | +6% | — |
| Gross profit | NT$39.9B | NT$38.0B | NT$36.7B | NT$32.3B | NT$30.8B |
| EBITDA | NT$45.3B | NT$43.6B | NT$43.2B | NT$36.3B | NT$34.9B |
| Net income | NT$16.2B | NT$14.4B | NT$13.8B | NT$12.3B | NT$11.0B |
| Free cash flow | NT$30.6B | NT$25.7B | NT$24.3B | NT$19.6B | NT$18.9B |
| Capital expenditure | NT$9.89B | NT$11.3B | NT$12.2B | NT$9.08B | NT$10.5B |
| Total debt | NT$87.1B | NT$96.4B | NT$104B | NT$107B | NT$81.0B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| Taiwan Mobile 3045.TW | $12.2B | +20% | +2% | 11% | 24.5× | 2.2% |
| Chunghwa Telecom 2412.TW | $38.4B | +20% | -10% | 20% | 30.1× | 7.4% |
| Far Eastone Telecommunications 4904.TW | $12.2B | +17% | +10% | 15% | 26.1× | 3.8% |
| Sea Limited Sponsored ADR SE | $49.1B | -13% | +43% | 8% | 18.0× | 11.7% |
Peer set: Sector in the same market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | 3045.TW | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +8.6% | -3.6% | 3rd highest of 21 |
| 6-month return | +20.4% | +0.6% | 6th highest of 21 |
| Distance from 52-week high | -2.6% | -27.7% | highest of 21 |
| Revenue growth (TTM) | +1.7% | -0.7% | 8th highest of 21 |
| Operating margin | 10.8% | 9.2% | 10th highest of 21 |
| Forward P/E | 24.5× | 13.1× | most expensive of 17 |
| Growth the price implies (Req g, 7 yrs) | 2.2% | -1.0% | 5th most demanding of 18 |
| Growth delivered (Del g) | +8.4% | +7.6% | 8th highest of 18 |
| Hurdle (Req g minus delivered) | -6.2 pp | -9.8 pp | 4th most demanding of 18 |
| ROIC minus cost of capital | +5.0 pp | +6.2 pp | 9th lowest of 20 |
| EV / EBITDA | 10.7× | 9.6× | 7th most expensive of 18 |
| Net debt / EBITDA | 1.6× | -0.3× | 9th most indebted of 20 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| Taiwan Mobile 3045.TW | Taiwan | $12.2B | +20% | +2% | 11% | 24.5× | 2.2% | +8.4% |
| King Slide Works 2059.TW | Taiwan | $21.8B | +83% | +85% | 74% | 15.9× | 22.3% | +29.5% |
| Nien Made Enterprise 8464.TW | Taiwan | $3.08B | +1% | +4% | 35% | 13.3× | -8.3% | +4.2% |
| Cheng Shin Rubber Ind 2105.TW | Taiwan | $2.95B | -3% | -1% | 9% | 20.3× | -9.3% | -1.2% |
| Eclat Textile 1476.TW | Taiwan | $2.88B | +3% | 0% | 20% | 13.7× | -8.9% | +6.2% |
| POYA International 5904.TWO | Taiwan | $2.38B | +65% | +13% | 17% | 18.7× | 0.7% | +7.6% |
| Pou Chen 9904.TW | Taiwan | $2.29B | 0% | -7% | 3% | 7.3× | 5.9% | +0.1% |
| Ruentex Development 9945.TW | Taiwan | $2.27B | +13% | +37% | 19% | n/a | -1.0% | +15.5% |
| Feng Tay Enterprise 9910.TW | Taiwan | $2.08B | 0% | -4% | 7% | 15.0× | -5.9% | +3.9% |
| momo.com 8454.TW | Taiwan | $1.79B | +25% | +1% | 3% | 20.8× | 1.9% | +10.1% |
| Ruentex Industries 2915.TW | Taiwan | $1.72B | +23% | -25% | 10% | 6.9× | 48.3% | -2.4% |
| Tatung 2371.TW | Taiwan | $1.70B | -15% | +8% | 4% | 10.0× | n/a | n/a |
| Makalot Industrial 1477.TW | Taiwan | $1.59B | +1% | -2% | 14% | 12.8× | -8.0% | +6.7% |
| Sanyang Motor 2206.TW | Taiwan | $1.43B | +8% | -3% | 8% | n/a | 1.2% | +9.0% |
| Tong Yang Industry 1319.TW | Taiwan | $1.35B | -1% | -12% | 15% | 10.9× | -5.9% | +7.7% |
| JSL Construction & Development 2540.TW | Taiwan | $1.25B | -14% | -35% | 3% | n/a | n/a | n/a |
| Lai Yih Footwear 6890.TW | Taiwan | $1.11B | -7% | -11% | 8% | 12.0× | n/a | n/a |
| Fusheng Precision 6670.TW | Taiwan | $1.07B | -1% | +1% | 15% | 9.3× | -14.6% | +15.9% |
| Giant Manufacturing 9921.TW | Taiwan | $1.06B | +29% | -15% | 2% | 18.1× | 1.3% | -3.0% |
| Johnson Health Tech 1736.TW | Taiwan | $1.01B | -12% | +8% | 8% | 8.5× | -8.0% | +13.9% |
| Wiselink 8932.TWO | Taiwan | $941M | -19% | +24% | 47% | n/a | 10.0% | +23.2% |