Taiwan Mobile Co., Ltd. AI Stock Analysis
Taiwan Mobile Co., Ltd. (3045) AI Stock Analysis
Taiwan Mobile Co., Ltd.
(TWSE:3045)
Taiwan Mobile scores solidly above average, driven primarily by dependable financial performance: robust and rising free cash flow that exceeds reported earnings, stable EBITDA margins near 23%, ROE around 17%, and gradually declining leverage. Technical momentum adds support, with the shares trading above all major moving averages on a positive MACD and non-extreme RSI. These strengths are partly offset by a demanding P/E of 24.8, flat recent revenue, gross margin erosion from lower-margin device sales, and a debt load that still slightly exceeds equity ahead of future spectrum and network investment cycles. The 3.57% dividend yield makes this best suited to income-oriented investors rather than those seeking rapid growth.
Taiwan Mobile Co., Ltd. (3045) vs. SPDR S&P 500 ETF (SPY)
- Market Cap
- TWD 390.98B
- Dividend Yield
- 3.68%
- Average Volume (3M)
- 9.44M
- Price to Earnings (P/E)
- 24.0
- Beta (1Y)
- -0.02
- Revenue Growth
- 1.68%
- EPS Growth
- 10.91%
- Country
- TW
- Employees
- 9,389
- Sector
- General
- Sector Strength
- 55
- Industry
- Telecommunications Services
Taiwan Mobile Co., Ltd. Business Overview & Revenue Model
Company Description
Taiwan Mobile Co., Ltd. is a major provider of wireless communication services, operating both within Taiwan and on an international scale. Its diverse operations are structured across four principal segments: Telecommunications, Retail, Cable Televi...
Taiwan Mobile Co., Ltd. Financial Statement Overview
Summary
A financially sound, defensive telecom profile. Cash flow is the standout (score 80): operating cash flow rose to roughly NT$37.5 billion and free cash flow to about NT$26.2 billion, well above net income of NT$14.4 billion, confirming high earnings quality and comfortable dividend coverage. The income statement (71) shows steady multi-year revenue and profit growth with stable EBITDA margins near 23% and ROE around 17%, but gross margin has eroded from 23.7% to 19.1% on a heavier mix of low-margin device sales, and revenue was flat year-over-year. The balance sheet (62) is the weakest link, with total debt of NT$96.4 billion slightly exceeding equity (debt-to-equity 1.12x), though leverage has been steadily declining since 2023.
Income Statement
71PositiveBalance Sheet
62PositiveCash Flow
80Positive| Breakdown | TTM | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 202.34B | 198.76B | 199.37B | 183.35B | 172.21B | 156.11B |
| Gross Profit | 38.36B | 38.01B | 39.70B | 34.76B | 33.23B | 31.37B |
| EBITDA | 46.17B | 45.05B | 45.39B | 38.16B | 35.74B | 34.69B |
| Net Income | 16.18B | 14.44B | 13.82B | 12.27B | 11.03B | 10.99B |
Balance Sheet | ||||||
| Total Assets | 237.39B | 234.66B | 241.43B | 242.96B | 193.07B | 190.98B |
| Cash, Cash Equivalents and Short-Term Investments | 12.53B | 8.97B | 14.53B | 14.31B | 15.83B | 16.34B |
| Total Debt | 87.06B | 96.40B | 103.67B | 107.14B | 81.03B | 80.51B |
| Total Liabilities | 145.33B | 140.11B | 147.50B | 149.58B | 120.22B | 117.71B |
| Stockholders Equity | 84.48B | 86.14B | 85.40B | 84.82B | 64.47B | 65.53B |
Cash Flow | ||||||
| Free Cash Flow | 30.56B | 26.19B | 23.87B | 19.97B | 19.09B | 18.99B |
| Operating Cash Flow | 40.19B | 37.50B | 36.05B | 29.06B | 29.58B | 30.20B |
| Investing Cash Flow | -12.75B | -11.15B | -14.90B | -7.07B | -11.63B | -9.64B |
| Financing Cash Flow | -27.55B | -29.73B | -22.45B | -23.67B | -18.41B | -15.93B |
Taiwan Mobile Co., Ltd. Peers Comparison
Overall Rating
- TW:304572Outperform
TW:366567Neutral
TW:652663Neutral
TW:303662Neutral
TW:641461Neutral
TW:628559Neutral
Financial Indicators
| Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
| TW:3045 | 72Outperform | TWD 387.16B | 24.02 | ― | 3.68% | 1.68% | 10.91% |
| TW:3665 | 67Neutral | TWD 305.35B | 29.25 | ― | 0.98% | 33.39% | 60.44% |
| TW:6526 | 63Neutral | TWD 114.91B | 38.14 | ― | 1.86% | 9.57% | 7.98% |
| TW:3036 | 62Neutral | TWD 255.18B | 7.73 | ― | 4.02% | 84.41% | 138.07% |
| TW:6414 | 61Neutral | TWD 52.49B | 13.45 | ― | 4.22% | 8.27% | 19.95% |
| TW:6285 | 59Neutral | TWD 92.58B | 16.16 | ― | 2.21% | 29.79% | 88.44% |
| Sector * | 55Neutral | $6.65B | 3.83 | -15.92% | 6.20% | 10.91% | 7.18% |
* General Sector Average
Performance Comparison
| Show on chart | Ticker | Company Name | Price | Change | % Change |
|---|---|---|---|---|---|
| TW:3045 | Taiwan Mobile Co., Ltd. | 129.00 | 25.06 | 24.11% | |
| TW:3036 | WT Microelectronics Co., Ltd. | 194.00 | 48.65 | 33.47% | |
| TW:3665 | BizLink Holding Inc. | 1580.00 | -11.06 | -0.70% | |
| TW:6285 | WNC Corporation | 194.50 | 93.21 | 92.02% | |
| TW:6414 | Ennoconn Corp. | 326.50 | 60.47 | 22.73% | |
| TW:6526 | Airoha Technology Corp. | 726.00 | 269.66 | 59.09% |
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.
Date of analysis: Nov 09, 2026