Chorus Limited [ASX:CNU] share price and news 2022

Company Description

Chorus Limited (CNU) is a telecommunication business operating a nationwide fixed line access network infrastructure in New Zealand. This infrastructure comprises local telephone exchanges, cabinets and copper and fibre cables. CNU has six products & services including: Basic Copper, Enhanced Copper, Fibre, Value Added Network Services, Field Services and Infrastructure Services.

Chorus Limited belongs to Communication Services sector and under industry of Alternative Carriers. You can get more information about this company via their website: http://www.chorus.co.nz.

This is a mid cap company with market cap of 3245 millions.

Compared to Market and Sector

The following table compares the company to Market and Sector based on Earning, Price/Earning ratio(P/E), Price/Book ratio (P/B) and PE growth.

Company PE is greater than both sector and market. while Company PB is greater than both sector and market. On the other hand, Company Earning is greater than both sector and market.

Earnings PE PB PE growth
Company 1.24 71.5 3.73 6.7
Market 1.03 20.6 1.71 1.15
Sector 0.95 24.8 3.03 1.43

Dividend Growth Chart

The following chart shows you how cnu dividend grows in the recent years.Chorus Limited has dividend yield of 3.09%