CHT Security Co., Ltd. (7765) fair value: what the stock is really worth

CHT Security Co., Ltd. provides telco-centric network security and cyber security services in Taiwan. The company offers security assessment services comprising source code security analysis, vulnerability assessment, web personal data scanning, penetration testing, cyber security evaluation, social engineering assessment, mobile app security assessment, red teaming, financial security assessment, IoT testing, DDoS simulation, and OT security; and managed security and consulting services consisting of security operation center, CERT and digital forensics, managed detection and response, website defacement monitoring, public key infrastructure, and ISMS and PIMS, as well as cloud security services, including cloud SOC, cloud cyber security evaluation, vulnerability analysis and notice system, and phishing test services. It also provides network security products comprising cyber threat and porn gatekeeper, parental control, HiNet anti-virus, and scam-fighter for consumers and households; and HiNet intrusion prevention systems, HiNet DDoS protection, HiNet ANDs, HiNet cyber threat gatekeeper, and HiNet WAF for enterprises. In addition, the company offers network and endpoint security solutions comprising SecuTex, SecuTEx ED, hardware security module, fortinet fortigate, palo alto network NGFW, CrowdStrike endpoint protection, and Sophos NGFW; vulnerability assessment solutions consisting of HorusEyes, Opentext Fortify WebInspect, and vulnerability management PRO; access control solutions, including e-SOFT security intelligence portal; and security management solutions, such as CypherCom, secure element, phishing simulation platform, and work from home solution. It serves the critical infrastructure, finance, manufacturing, healthcare, enterprise, and consumer industries, as well as the government. The company was incorporated in 2017 and is based in Taipei, Taiwan. CHT Security Co., Ltd. is a subsidiary of Chunghwa Telecom Co., Ltd.