Valuation China Mobile Limited

Equities

941 HK0941009539

Integrated Telecommunications Services

Delayed Hong Kong S.E. Other stock markets 06:12:37 13/02/2026 GMT			5-day change	1st Jan Change
78.15 ^HKD	-0.06%		-2.62%	-4.41%

04:45am	US Shelves China Tech Curbs Before Meeting with Xi	MT
02-12	Trump pauses China tech bans ahead of Xi summit	RE

Company Valuation: China Mobile Limited

Data adjusted to current consolidation scope

Fiscal Period: December	2020	2021	2022	2023	2024	2025	2026	2027
Capitalization ¹	762,059	780,663	997,672	1,294,911	1,590,523	1,516,637	1,516,637	-
Change	-	2.44%	27.8%	29.79%	22.83%	-4.65%	0%	-
Enterprise Value (EV) ¹	438,948	562,779	861,485	1,151,314	1,423,214	1,277,154	1,229,636	1,190,685
Change	-	28.21%	53.08%	33.64%	23.62%	-10.26%	-3.72%	-3.17%
P/E ratio	7.06x	6.72x	7.79x	9.56x	11.2x	10.4x	10.2x	9.8x
PBR	0.66x	0.65x	-	0.94x	1.11x	1.04x	1.01x	0.98x
PEG	-	0.89x	2.1x	2.08x	2.55x	3.46x	3.67x	2.68x
Capitalization / Revenue	0.99x	0.92x	1.06x	1.28x	1.53x	1.44x	1.42x	1.38x
EV / Revenue	0.57x	0.66x	0.92x	1.14x	1.37x	1.21x	1.15x	1.09x
EV / EBITDA	1.54x	1.81x	2.62x	3.37x	4.27x	3.75x	3.57x	3.41x
EV / EBIT	3.89x	4.77x	6.67x	8.57x	9.98x	7.77x	6.73x	6.22x
EV / FCF	3.45x	4.29x	8.89x	9.4x	9.38x	7.16x	6.66x	6.59x
FCF Yield	29%	23.3%	11.2%	10.6%	10.7%	14%	15%	15.2%
Dividend per Share ²	3.29	3.298	-	4.83	4.746	4.947	5.21	5.435
Rate of return	8.84%	8.65%	-	8.21%	6.59%	7.17%	7.55%	7.87%
EPS ²	5.27	5.67	5.88	6.15	6.42	6.613	6.796	7.045
Distribution rate	62.4%	58.2%	-	78.5%	73.9%	74.8%	76.7%	77.2%
Net sales ¹	768,070	848,258	937,259	1,009,309	1,040,759	1,052,893	1,071,103	1,096,586
EBITDA ¹	285,135	311,008	329,176	341,478	333,691	340,557	344,137	349,377
EBIT ¹	112,734	117,963	129,099	134,346	142,590	164,357	182,798	191,442
Net income ¹	107,843	116,148	125,459	131,766	138,373	144,529	151,736	158,968
Net Debt ¹	-323,111	-217,884	-136,187	-143,597	-167,309	-239,483	-287,001	-325,952
Reference price ²	37.22	38.13	45.78	58.82	71.98	69.04	69.04	69.04
Nbr of stocks (in thousands)	20,475,483	20,475,483	21,362,827	21,390,880	21,517,317	21,651,121	21,651,121	-
Announcement Date	25/03/21	23/03/22	23/03/23	21/03/24	20/03/25	-	-	-

¹CNY in Million²CNY

Estimates

P/E ratio, Detailed evolution

Sector Comparison:

Add to a list 0 selected To use this feature you must be a member Log in Sign up	P/E (Y)	EV / Sales (Y)	EV / EBITDA (Y)	Dividend Yield (Y)	Capi.($)
CHINA MOBILE LIMITED	10.49x	1.22x	3.77x	7.13%	220B
VERIZON COMMUNICATIONS, INC.	10.88x	2.51x	6.93x	5.58%	209B
DEUTSCHE TELEKOM AG	16.21x	2.32x	6.26x	3.31%	181B
NTT, INC.	12.15x	1.72x	7.19x	3.47%	82.08B
CHINA TELECOM CORPORATION LIMITED	11.35x	0.79x	2.89x	6.51%	72.71B
AMÉRICA MÓVIL, S.A.B. DE C.V.	14.02x	1.99x	5.01x	2.57%	72B
SINGAPORE TELECOMMUNICATIONS LIMITED	29.41x	6.19x	22.37x	3.73%	65.3B
SAUDI TELECOM COMPANY	14.83x	2.77x	8.73x	4.96%	59.58B
ORANGE	29.94x	1.85x	6.02x	4.47%	54.59B
EMIRATES TELECOMMUNICATIONS GROUP COMPANY	13.35x	3.05x	6.92x	4%	50.33B
Average	16.26x	2.44x	7.61x	4.57%	106.64B
Weighted average by Cap.	14.50x	2.23x	6.78x	4.93%