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PCCW Limited (DE:TH3C)
FRANKFURT:TH3C

PCCW (TH3C) Price & Analysis

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TH3C Stock Chart & Stats

€5.55
€0.00(0.00%)
At close: 4:00 PM EST
€5.55
€0.00(0.00%)

Bulls Say, Bears Say

Bulls Say
Strong Cash GenerationOperating cash flow has been a structural strength, delivering roughly ¥9.7B–¥13.3B annually with consistently positive free cash flow. That reliable internal cash generation supports continued network capex, service investments and dividend/capital allocation flexibility, helping sustain operations and execute strategic initiatives over multiple quarters despite accounting-level volatility.
Diversified, Recurring Revenue BasePCCW’s mix of consumer telecom (HKT), enterprise IT/managed services and OTT media (Viu) creates diversified recurring revenue streams. This structural mix reduces single-segment cyclicality, enables bundled ARPU uplift and cross-sell between enterprise and consumer offerings, supporting steadier revenue and cash flows over a multi-quarter horizon.
Sustained Operating MarginsReported mid-teens EBIT margins and EBITDA near 30%+ reflect durable operating leverage from connectivity and enterprise services. Those structural margins from subscription and managed-service businesses enable strong operating cash conversion and provide resilience to competitive pressure, underpinning ongoing free cash flow generation across fiscal periods.
Bears Say
Very High Leverage / Negative EquityTotal debt remains materially elevated and shareholders’ equity turned negative in 2025, a structural balance-sheet weakness. Negative equity and high leverage reduce refinancing flexibility, raise covenant and funding risk, and constrain the company’s ability to invest or absorb adverse shocks, making medium-term capital strategy and growth plans more difficult to execute.
Persistent Net LossesDespite steady operating margins, the company recorded net losses across multiple years. Recurring bottom-line losses—likely driven by non-operating items—erode retained earnings and impede rebuilding equity, exacerbating balance-sheet fragility and limiting sustained capital returns or aggressive deleveraging strategies over the medium term.
Media Rights / Content-cost ExposurePCCW’s OTT/pay‑TV segment faces structural exposure to rising content and sports rights costs. These recurring, often escalating expenses can compress margins and increase cash flow volatility for media operations, making profitability of Viu/pay‑TV sensitive to competitive bidding and cost inflation over multiple quarters.

TH3C FAQ

What was PCCW Limited’s price range in the past 12 months?
PCCW Limited lowest stock price was €5.35 and its highest was €6.35 in the past 12 months.
    What is PCCW Limited’s market cap?
    PCCW Limited’s market cap is €4.99B.
      When is PCCW Limited’s upcoming earnings report date?
      PCCW Limited’s upcoming earnings report date is Jul 31, 2026 which is in 51 days.
        How were PCCW Limited’s earnings last quarter?
        PCCW Limited released its earnings results on Feb 10, 2026. The company reported €0.027 earnings per share for the quarter, beating the consensus estimate of N/A by €0.027.
          Is PCCW Limited overvalued?
          According to Wall Street analysts PCCW Limited’s price is currently Overvalued. Get more investment ideas with TipRanks Premium
            Does PCCW Limited pay dividends?
            PCCW Limited does not currently pay dividends.
            What is PCCW Limited’s EPS estimate?
            PCCW Limited’s EPS estimate for its next earnings report is not yet available.
            How many shares outstanding does PCCW Limited have?
            PCCW Limited has 774,776,250 shares outstanding.
              What happened to PCCW Limited’s price movement after its last earnings report?
              PCCW Limited reported an EPS of €0.027 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went up 0.836%.
                Which hedge fund is a major shareholder of PCCW Limited?
                Currently, no hedge funds are holding shares in DE:TH3C
                What is the TipRanks Smart Score and how is it calculated?
                Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology

                  PCCW Stock Smart Score

                  4
                  Neutral
                  1
                  2
                  3
                  4
                  5
                  6
                  7
                  8
                  9
                  10

                  Technicals

                  SMA
                  Positive
                  20 days / 200 days
                  Momentum
                  40.77%
                  12-Months-Change

                  Fundamentals

                  Return on Equity
                  -2.39%
                  Trailing 12-Months
                  Asset Growth
                  6.52%
                  Trailing 12-Months

                  Company Description

                  PCCW Limited

                  PCCW Limited, established in 1925 and headquartered in Quarry Bay, Hong Kong, delivers a broad spectrum of telecommunication and related services to customers in Hong Kong, mainland China, Singapore, and various international markets. The company's core offerings include essential telecommunication services such as local and international phone connectivity, mobile communications, and local data and broadband internet access. It also specializes in sophisticated satellite and network-based telecommunications infrastructure. Beyond traditional telecom, PCCW provides a comprehensive suite of IT and business solutions for enterprises. This extensive portfolio encompasses IT and business process outsourcing, consulting, software development, systems integration, and dedicated data services. They also manage computer facilities and offer value-added IP/IT services. Modern digital capabilities are a significant focus, including fintech, e-commerce platforms, big data analytics, managed services, cloud computing, and Internet of Things (IoT) solutions. Client support is further enhanced through customer relationship management (CRM) and contact center services, along with technical support and electronics/communications engineering. In the media and entertainment space, PCCW is a prominent player, offering free and subscription-based television programming, interactive multimedia content, and broadcasting services. It also manages diverse media content and operates its over-the-top (OTT) video service under the popular Viu brand. Additional media activities include advertising sales across telephone directories and online platforms, as well as directory publishing. Furthermore, PCCW is engaged in the distribution, marketing, and sale of telecommunication products, including mobile devices, accessories, and customer premises equipment. The company also provides management and engineering support, operates customer loyalty initiatives, and manages online merchandise sales.

                  PCCW (TH3C) Earnings & Revenues

                  TH3C Company Deck

                  TH3C Earnings Call

                  Q4 2026
                  0:00 / 0:00
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