China Telecom Corporation (0728) Fair Value & Analysis
Communication Services · HK · Market cap HK$391B
Fair value as of: Aug 13, 2026
From 26 valuation models · updated 2 days ago
Fair value updated Aug 13, 2026, revised from HK$7.92 to HK$7.98 (+0.8%) since Jul 7, 2026. Share price +2.3% over the past month.
A solid business, screening 69% undervalued on our models.
What matters now
- The price is below even our cautious bear case (HK$6.09). The market is more pessimistic than our downside scenario.
- Solid quality (59/100) at a price below fair value, the discount is the argument here, not the business quality.
Price vs Fair Value (5 years)
White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.
How to read this chart
60‑month range HK$1.71 – HK$6.27 · fair‑value band HK$6.09 – HK$9.86 · the HK$4.73 price screens below the HK$7.98 fair value. Dashed = 300-day average. As of Aug 13, 2026.
Analysis
China Telecom Corporation (0728) currently trades at HK$4.73, while our model-based Fair Value estimate is HK$7.98, implying the stock looks roughly 68.9% undervalued today. The Quality Score stands at 59/100 (solid quality), in the Communication Services sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.
Over the trailing twelve months, China Telecom Corporation generated revenue of HK$520B at a net margin of 6.1%. Revenue declined 2.6% year over year. It earns a return on equity of 6.7%. The balance sheet holds a net cash position of HK$38.6B. Fundamentals as of Aug 13, 2026
Our scenario range runs from HK$6.09 (bear case) to HK$9.86 (bull case); at HK$4.73, the current price sits below that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 23% below its 52-week high and 11% above its 52-week low, currently below its 200-day average. For context, the median of 10 Communication Services peers we cover trades at 14% fair-value upside, at 69%, 0728 screens cheaper than that median.
Fair Value models
Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.
All 26 models by family
Widest divergence: DCF Models (HK$9.75) versus Earnings-Based (HK$1.90). Highest evidence: Growth DCF (80).
Notify me when 0728 reaches fair value
Free. You confirm by email (double opt-in) and can unsubscribe anytime in one click.
Key figures & financial health
More key figures
Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.
Quality Score breakdown
Of which business quality 59 · Market factors (momentum, volatility) 44
Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.
About the company
China Telecom Corporation Limited, together with its subsidiaries, provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People's Republic of China.
Full company description
China Telecom Corporation Limited, together with its subsidiaries, provides mobile communications, wireline and satellite communications, internet access, cloud computing and computing power, AI, big data, quantum, ICT integration in the People's Republic of China. The company offers mobile communications; wireline and smart family; industrial digitalisation; and other services. The company also develops and deploys industry-specific large models and digital platforms, including the Xingchen platform series, to support digital transformation in sectors such as manufacturing, education, healthcare, government, and smart city management. The company was incorporated in 2002 and is based in Beijing, China. China Telecom Corporation Limited operates as a subsidiary of China Telecom Group Co., Ltd.
Company description, as reported by the company or data provider.
Revenue & earnings trend
FY2021 – FY2025 · reported fiscal years
China Telecom Corporation reported revenue of HK$510B in FY2025 versus HK$440B in FY2021, a compound +3.8%/yr. Reported net income was HK$32.3B in FY2025, compounding +5.6%/yr from FY2021.
of which total revenue +4.9 pp · buybacks/dilution −1.4 pp
Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).
Watch 0728: get an alert when its fair value changes →
Earlier news
External third-party headlines (Yahoo Finance, Reuters and others), not an editorial selection.
- Nvidia and AMD Face China Chip Pressure
- China Telecom At Heart Of HK$295b Data Center Expansion Story
- China Weighs $295 Billion AI Data Center Buildout Over Five Years
Peer Group
Telecom Services · 253 stocks
How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.
Valuation Multiples vs Telecom Services median · lower = cheaper
Snowflake
Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.
Values & ESG
Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.
ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.
Similar stocks
10 more Telecom Services stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).
| Stock | Price | Fair Value | vs Fair Value |
|---|---|---|---|
| China Mobile Limited 600941 | ¥96.11 | ¥109.88 | +14% |
| Bharti Airtel Limited BHARTIARTL | ₹1,945 | ₹941.55 | -52% |
| América Móvil, S.A. AMXB | 23.07 MXN | 30.35 MXN | +32% |
| Vodafone Group VODN | 259.50 MXN | 494.99 MXN | +91% |
| Advanced Info Service Public Company ADVANC | 374.00 THB | 286.77 THB | -23% |
| Chunghwa Telecom Co 2412 | 136.00 TWD | 100.00 TWD | -26% |
| Telefónica, S.A TEFN | 75.67 MXN | 108.96 MXN | +44% |
| TLKM TLKM | 2,590 IDR | 3,898 IDR | +50% |
| PT Indoritel Makmur Internasional Tbk., DNET | 9,500 IDR | 1,503 IDR | -84% |
| SK Telecom Co 017670 | 91,100 KRW | 41,693 KRW | -54% |
Compare China Telecom Corporation with another stock
Price, fair value, quality and upside side by side.
Explore undervalued stocks
More undervalued Communication Services stocks →
Frequently asked questions
Is China Telecom Corporation (0728) overvalued or undervalued?
What is the fair value of 0728?
What is the quality score of 0728?
What is the revenue of China Telecom Corporation (0728)?
What is the net profit margin of 0728?
Does China Telecom Corporation pay a dividend?
How we calculate Fair Value
Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.
Track China Telecom Corporation and try Pro for 14 days
One email gets you 14 days of full Pro (review alerts, the 35,000+ stock screener, the diversification check) plus the monthly Top-25 report of the most undervalued quality stocks. No card, cancel anytime.
Zero risk: nothing is ever charged. After 14 days you decide whether to stay.