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China Telecom Valuation Multiples
Discover revenue and EBITDA valuation multiples for China Telecom and similar public comparables like América Móvil, NTT Group, KDDI, SoftBank and more.
China Telecom Overview
About China Telecom
China Telecom is the largest fixed-line operator in China, originally covering 21 southern provinces but now operating nationally. It has 200 million broadband customers, and 437 million wireless subscribers, having overtaken China Unicom to become the second-largest wireless operator in China behind China Mobile. The firm is increasing its cross-selling of products and seeing strong growth from industrial digitization services, such as internet data centers and cloud computing. Its internet data center business is already the largest in China and it is expanding overseas.
Founded
2002
HQ

Employees
277.7K
Website
Sectors
Financials (LTM)
EV
$67B
China Telecom Financials
China Telecom reported last 12-month revenue of $78B and EBITDA of $21B.
In the same LTM period, China Telecom generated $22B in gross profit, $21B in EBITDA, and $5B in net income.
Revenue (LTM)
China Telecom P&L
In the most recent fiscal year, China Telecom reported revenue of $77B and EBITDA of $21B.
China Telecom expects next 12-month revenue of XXX and NTM EBITDA of XXX
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue | $78B | XXX | $77B | XXX | XXX | XXX |
| Gross Profit | $22B | XXX | $45B | XXX | XXX | XXX |
| Gross Margin | 29% | XXX | 58% | XXX | XXX | XXX |
| EBITDA | $21B | XXX | $21B | XXX | XXX | XXX |
| EBITDA Margin | 27% | XXX | 28% | XXX | XXX | XXX |
| EBIT Margin | 9% | XXX | 8% | XXX | XXX | XXX |
| Net Profit | $5B | XXX | $5B | XXX | XXX | XXX |
| Net Margin | 7% | XXX | 6% | XXX | XXX | XXX |
Financial data powered by Morningstar, Inc.
China Telecom Stock Performance
China Telecom has current market cap of $75B, and enterprise value of $67B.
Market Cap Evolution
China Telecom's stock price is $0.82.
| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $67B | $75B | 0.0% | XXX | XXX | XXX | $0.05 |
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Start Free TrialChina Telecom Valuation Multiples
China Telecom trades at 0.9x EV/Revenue multiple, and 3.2x EV/EBITDA.
EV / Revenue (LTM)
China Telecom Financial Valuation Multiples
As of March 7, 2026, China Telecom has market cap of $75B and EV of $67B.
Equity research analysts estimate China Telecom's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
China Telecom has a P/E ratio of 14.8x.
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Market cap (current) | $75B | XXX | $75B | XXX | XXX | XXX |
| EV (current) | $67B | XXX | $67B | XXX | XXX | XXX |
| EV/Revenue | 0.9x | XXX | 0.9x | XXX | XXX | XXX |
| EV/EBITDA | 3.2x | XXX | 3.2x | XXX | XXX | XXX |
| EV/EBIT | 9.4x | XXX | 11.6x | XXX | XXX | XXX |
| EV/Gross Profit | 3.0x | XXX | 1.5x | XXX | XXX | XXX |
| P/E | 14.8x | XXX | 15.6x | XXX | XXX | XXX |
| EV/FCF | 8.7x | XXX | 8.4x | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
Verified China Telecom Valuation Multiples
Access all public comps and forward-looking valuation multiples like EV/Revenue in 2027, based on consensus analyst estimates. Powered by FactSet and Morningstar.


China Telecom Margins & Growth Rates
China Telecom's revenue in the last 12 month grew by 2%.
China Telecom's revenue per employee in the last FY averaged $0.3M.
China Telecom's rule of 40 is 29% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
China Telecom's rule of X is 31% (created by Bessemer, rule of X is another metric to measure SaaS companies, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
China Telecom Operational Valuation Multiples
| LTM | NTM | Last FY | FY 2026 | FY 2027 | FY 2028 | |
|---|---|---|---|---|---|---|
| Revenue Growth | 2% | XXX | 1% | XXX | XXX | XXX |
| EBITDA Margin | 27% | XXX | 28% | XXX | XXX | XXX |
| EBITDA Growth | 2% | XXX | (1%) | XXX | XXX | XXX |
| Rule of 40 | — | XXX | 29% | XXX | XXX | XXX |
| Bessemer Rule of X | — | XXX | 31% | XXX | XXX | XXX |
| Revenue per Employee | — | XXX | $0.3M | XXX | XXX | XXX |
| S&M Expenses to Revenue | 10% | XXX | 0% | XXX | XXX | XXX |
| G&A Expenses to Revenue | 7% | XXX | 11% | XXX | XXX | XXX |
| R&D Expenses to Revenue | 3% | XXX | 1% | XXX | XXX | XXX |
| Opex to Revenue | — | XXX | 51% | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc. and Morningstar, Inc.
China Telecom Public Comps
See public comps and valuation multiples for other Telecom Service Providers comps.
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| LTM | 2026E | 2027E | LTM | 2026E | 2027E | |
| América Móvil | XXX | XXX | XXX | XXX | XXX | XXX |
| NTT Group | XXX | XXX | XXX | XXX | XXX | XXX |
| KDDI | XXX | XXX | XXX | XXX | XXX | XXX |
| SoftBank | XXX | XXX | XXX | XXX | XXX | XXX |
| Singtel | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
Valuation data powered by FactSet, Inc.
China Telecom M&A Activity
China Telecom acquired XXX companies to date.
Last acquisition by China Telecom was on XXXXXXXX, XXXXX. China Telecom acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Acquisitions by China Telecom
| Acquired Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialChina Telecom Investment Activity
China Telecom invested in XXX companies to date.
China Telecom made its latest investment on XXXXXXXX, XXXXX. China Telecom invested in XXXXXXXX for XXX (EV/Revenue multiple of XXX).
Latest Investments by China Telecom
| Company | Valuation | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXXXXX | XXX | XXX | XXX |
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Start Free TrialAbout China Telecom
| When was China Telecom founded? | China Telecom was founded in 2002. |
| Where is China Telecom headquartered? | China Telecom is headquartered in China. |
| How many employees does China Telecom have? | As of today, China Telecom has over 277K employees. |
| Who is the CEO of China Telecom? | China Telecom's CEO is Ruiwen Ke. |
| Is China Telecom publicly listed? | Yes, China Telecom is a public company listed on Shanghai Stock Exchange. |
| What is the stock symbol of China Telecom? | China Telecom trades under 601728 ticker. |
| When did China Telecom go public? | China Telecom went public in 2021. |
| Who are competitors of China Telecom? | China Telecom main competitors are América Móvil, NTT Group, KDDI, SoftBank. |
| What is the current market cap of China Telecom? | China Telecom's current market cap is $75B. |
| What is the current revenue of China Telecom? | China Telecom's last 12 months revenue is $78B. |
| What is the current revenue growth of China Telecom? | China Telecom revenue growth (NTM/LTM) is 2%. |
| What is the current EV/Revenue multiple of China Telecom? | Current revenue multiple of China Telecom is 0.9x. |
| Is China Telecom profitable? | Yes, China Telecom is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of China Telecom? | China Telecom's last 12 months EBITDA is $21B. |
| What is China Telecom's EBITDA margin? | China Telecom's last 12 months EBITDA margin is 27%. |
| What is the current EV/EBITDA multiple of China Telecom? | Current EBITDA multiple of China Telecom is 3.2x. |
| What is the current FCF of China Telecom? | China Telecom's last 12 months FCF is $8B. |
| What is China Telecom's FCF margin? | China Telecom's last 12 months FCF margin is 10%. |
| What is the current EV/FCF multiple of China Telecom? | Current FCF multiple of China Telecom is 8.7x. |
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