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HKT Trust and HKT Limited (6823.HK)

Hong Kong Stock Exchange Communication Services Telecommunications ServicesView data quality →
52.7Fair

ValueMarkers Composite Index

Top 41%#26,461 of 44,707
Undervalued

60% below intrinsic value ($4)

UndervaluedFair ValueOvervalued
Piotroski
6/9
Neutral
Beneish
-2.57
Low Risk
Altman
5.57
Safe
DCF Value
$4
Undervalued
ROIC
7.2%
Low
P/E
17.7
Fair
Updated: ·Source: Data sourced from SEC filings and institutional providers. Not financial advice.·Report data issue

HKT Trust and HKT Limited (6823.HK) — VMCI valuation read

HKT Trust and HKT Limited (6823.HK) carries a VMCI composite of 53/100, 3 points above the Communication Services sector median of 50. Among mid-cap names, that gap places 6823.HK in the top third on the five-pillar weighting (Value 35%, Quality 30%, Integrity 15%, Growth 12%, Risk 8%).

The 6823.HK insider tape has been silent for the past 30 days on Form 4. Where executives neither buy nor sell, the bull and bear cases lean harder on filings cadence and the next earnings line.

**Investor frame.** Value reads 6823.HK trades at 26.0x earnings, 44% above the Communication Services median of 18.0x, which compresses or extends through the 11.0x EV/EBITDA versus a Communication Services 12.0x. Quality: ROIC of 18.0% sits 8.0pp above the Communication Services median (10.0%). Risk: net debt to EBITDA of -1.1x leaves covenant headroom, the line to track on HKT Trust and HKT Limited's next 10-Q.

6823.HK fell 0.6% over the trailing 7 days, with a -19.5% read on a 30-day basis.

HKT Trust and HKT Limited provides telecommunications services in Hong Kong, Mainland China, and internationally. It operates through Telecommunications Services, Mobile, Pay TV, and Other Businesses segments. The Telecommunications Services segment offers telecommunications and related services, including local telephony, local data and broadband, and international telecommunications, as well as enterprise solutions; and other telecommunications businesses, such as customer premises equipment sales, outsourcing, consulting, and contact centers. The Mobile segment provides mobile telecommunications services. The Pay TV segment offers interactive pay-TV services. The Other Businesses segment provides financial services, such as mobile payments, merchant services, O2O solutions, and a mobile financing platform; and The Club, a loyalty program. The company also offers 5G, cloud computing, Internet of Things, and artificial intelligence solutions to enterprises; web services; network-based telecommunications and satellite-based services; outsourced contact center services; customer and consultancy services; customer relationship and customer contact management solutions and services; telecommunications call center services; and insurance and reinsurance services. In addition, it provides system integration, software development, and technical consultancy services; and sells mobile handsets and accessories, as well as telecommunication products and services. Further, the company sells advertising in various telephone directories and on the Internet; distributes media content; and publishes directories. The company was incorporated in 2011 and is headquartered in Quarry Bay, Hong Kong. HKT Trust and HKT Limited is a subsidiary of PCCW Limited.

CEO: Kwok Shing Lam13,100 employeesHKwww.hkt.com

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