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STOCK COMPARISON

China Mobile vs Telstra Corporation: Fair Value & Quality

Both stocks run through our valuation models. Here is how China Mobile (0941) and Telstra Corporation (TLGPY) compare, as of Sep 25, 2026.

As of Sep 25, 2026, Fair Value Calculator sees China Mobile as the more attractively valued of the two: China Mobile trades at HK$78.90 versus a fair value of HK$131 (+66%), while Telstra Corporation trades at $16.73 versus $11.78 (-30%).
China Mobile
0941.HK · HKD · Communication Services
+66%
upside to fair value
undervalued
PriceHK$78.90
Fair ValueHK$131
Quality58/100
Telstra Corporation
TLGPY · USD · Communication Services
-30%
upside to fair value
overvalued
Price$16.73
Fair Value$11.78
Quality63/100
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Head-to-head numbers

Green is the better side of a row, red the weaker one (for valuation multiples: lower = cheaper). Grey rows are for reference only and are not scored.

betterweakerfor reference, not scored

China MobileTelstra Corporation
Valuation
10.9×P/E (TTM)24.2×
1.39×P/S (TTM)1.67×
1.03×P/B2.78×
4.9×EV/EBITDA6.8×
51.90×PEGn/a
+66.4%Fair value upside−29.6%
6.9%Dividend yield3.8%
HK$5.42Dividend per share$0.20
Profitability
11%Operating margin17%
0.97×EBIT margin trend (5Y)0.91×
10%Return on equity15%
4%Return on assets6%
Growth
1%Revenue growth (YoY)0%
3.0%Avg. growth/yr (3Y)2.8%
5.9%Avg. growth/yr (5Y)0.0%
+10.0%Value creation/yr+7.6%
Balance & size
40.7×Interest coverage (EBIT/interest)5.4×
0.01×Debt / equity0.76×
$219BMarket cap$39B
mixedGrowth qualityweak

China Mobile leads: 13 to 2 metric wins.

n/a = not meaningfully computable, for example with negative equity.

Quality in detail

The quality score, broken down into the same factor families as on the stock page, 0 to 100 per family.

China Mobileof which business quality 57 · market factors 55 Telstra Corporationof which business quality 59 · market factors 54
ProfitabilityMargins and returns on capital today
39
47
Quality GrowthAre margins and returns improving?
37
65
CashflowEarnings quality: real cash, not paper profit
51
72
Fin. StrengthBalance sheet, leverage, solvency risk
80
32
InvestmentDisciplined investing over empire-building
62
68
Low VolatilityCalm price path (market factor)
100
97
MomentumPrice trend over the last 3–12 months (market factor)
41
36
52W MomentumDistance to the 52-week high (market factor)
30
35
Net IssuanceShare count: buybacks or dilution?
74
86

What the models say

How far the median fair value (base case) per model family sits from the current price, in percent. The amount in the currency of the trading venue is shown underneath.

above the price, more than 15% above close to the price, 85% to 115% of the price below the price, more than 15% below

Model familyChina MobilePrice HK$78.90Telstra CorporationPrice $16.73
DCF Models+69%above the priceHK$1330%close to the price$16.80
Earnings-Based-27%below the priceHK$57.54-51%below the price$8.23
Dividend Discount+20%above the priceHK$94.74-32%below the price$11.33
Multiples+43%above the priceHK$113+8%close to the price$18.03
Asset-Based-41%below the priceHK$46.16-75%below the price$4.18
Growth DCF+13%close to the priceHK$88.93+8%close to the price$18.11
Economic Profit-16%below the priceHK$66.25-53%below the price$7.81
Growth Earnings+64%above the priceHK$129-3%close to the price$16.20
Minimum-41%below the priceHK$46.16-75%below the price$4.18
Maximum+69%above the priceHK$133+8%close to the price$18.11
Median+16%above the priceHK$91.83-18%below the price$13.76
Geometric mean+9%close to the priceHK$85.61-32%below the price$11.32

Minimum, maximum, median and geometric mean refer to the family values in this table. Geometric because deviations are ratios: half the price and twice the price average to 100%, not 125%.

China Mobile: 7 of 26 models see the stock below the current price.

Telstra Corporation: 16 of 24 models see the stock below the current price.

Scenario ranges

From our cautious bear scenario to the optimistic bull scenario. The white tick is the current price (value above it), the green tick the fair value (value below it): if the price sits left of the fair value, there is room to rise.

China Mobile
Price HK$78.90
Fair Value HK$131
Bear HK$86.50Bull HK$164
Telstra Corporation
Price $16.73
Fair Value $11.78
Bear $8.76Bull $15.71

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Ranked within their sector

Where each stock sits within its sector peer group. Band = middle 50% of peers, tick = median, dot = this stock.

China Mobile · Communication Services

Quality score58 · above median
Fair value upside+66% · Top 25%

Telstra Corporation · Communication Services

Quality score63 · Top 25%
Fair value upside-30% · below median

Bottom line

As of Sep 25, 2026, Fair Value Calculator sees China Mobile as the more attractively valued of the two: China Mobile trades at HK$78.90 versus a fair value of HK$131 (+66%), while Telstra Corporation trades at $16.73 versus $11.78 (-30%).

Telstra Corporation has the higher quality score (63/100).

Open China Mobile live analysis →

More comparisons

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A model-based valuation snapshot from 26 models. Values change with price and fundamentals; the date shown above applies.