Tencent Holdings Ltd
HKEX:700

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Tencent Holdings Ltd
HKEX:700
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Price: 478.2 HKD 1.53% Market Closed
Market Cap: 4.4T HKD
Section:
Relative Value
Relative Value
Valuation Multiples
Multiples Across Competitors
See Also

Relative Value

The Relative Value of one Tencent Holdings Ltd stock under the Base Case scenario is 478.22 HKD. Compared to the current market price of 478.2 HKD, Tencent Holdings Ltd is Fairly Valued.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Relative Value
Base Case
478.22 HKD
Fairly Valued
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

6.3
P/S
P/S
Price to Sales
6.3
vs History
31
vs Industry
12
Median 3Y
5
Median 5Y
5.5
Industry
1.4
Forward
5.7
More Details
21.4
P/E
P/E
Price to Earnings
21.4
vs History
34
vs Industry
18
Median 3Y
16.3
Median 5Y
20.2
Industry
17.5
Forward
17.1
More Details
16
P/OCF
P/OCF
Price to OCF
16
vs History
58
vs Industry
22
Median 3Y
14.4
Median 5Y
17.4
Industry
10.8
More Details
22.8
P/FCFE
P/FCFE
Price to FCFE
22.8
vs History
41
vs Industry
24
Median 3Y
19.1
Median 5Y
21.6
Industry
15.7
More Details
4.3
P/B
P/B
Price to Book Value
4.3
vs History
30
vs Industry
13
Median 3Y
3.7
Median 5Y
3.9
Industry
1.7
More Details
6.3
EV/S
EV/S
Enterprise Value to Sales
6.3
vs History
31
vs Industry
12
Median 3Y
5
Median 5Y
5.6
Industry
1.5
Forward
5.7
More Details
11.9
EV/GP
EV/GP
Enterprise Value to Gross Profit
11.9
vs History
47
vs Industry
14
Median 3Y
10.5
Median 5Y
11.8
Industry
3.2
More Details
19.9
EV/EBITDA
EV/EBITDA
Enterprise Value to EBITDA
19.9
vs History
58
vs Industry
14
Median 3Y
18.9
Median 5Y
23
Industry
8.5
Forward
13.1
More Details
19.9
EV/EBIT
EV/EBIT
Enterprise Value to EBIT
19.9
vs History
68
vs Industry
17
Median 3Y
19.9
Median 5Y
25.4
Industry
12.2
Forward
15.9
More Details
16
EV/OCF
EV/OCF
Enterprise Value to OCF
16
vs History
60
vs Industry
20
Median 3Y
14.7
Median 5Y
17.3
Industry
10.2
More Details
22.8
EV/FCFF
EV/FCFF
Enterprise Value to FCFF
22.8
vs History
57
vs Industry
23
Median 3Y
20.6
Median 5Y
25.4
Industry
13
More Details
3.1
EV/IC
EV/IC
Enterprise Value to IC
3.1
vs History
28
vs Industry
17
Median 3Y
2.6
Median 5Y
2.8
Industry
1.4
More Details

Multiples Across Competitors

Competitors Multiples
Tencent Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Tencent Holdings Ltd
HKEX:700
4.4T HKD 6.3 21.4 19.9 19.9
US
Alphabet Inc
NASDAQ:GOOGL
2T USD 5.5 17.8 14.1 16.1
US
Meta Platforms Inc
NASDAQ:META
1.4T USD 8.4 22.2 15.7 19.2
JP
LY Corp
XMUN:YOJ
45.5B EUR 3.9 62.7 24.1 39
CN
Baidu Inc
NASDAQ:BIDU
31.8B USD 1.7 10 4 7.9
CN
Kuaishou Technology
HKEX:1024
220.1B HKD 1.6 13.5 12.7 12.7
JP
Z Holdings Corp
TSE:4689
3.7T JPY 2 31.3 14.9 24.2
AU
REA Group Ltd
ASX:REA
31.7B AUD 17.1 51.4 40.8 40.8
KR
Naver Corp
KRX:035420
28.8T KRW 2.7 15.1 9.4 12.6
US
Pinterest Inc
NYSE:PINS
17.6B USD 4.8 9.5 75.1 84
US
Snap Inc
NYSE:SNAP
14.4B USD 2.7 -20.7 -26.2 -20.5
P/S Multiple
Revenue Growth P/S to Growth
CN
Tencent Holdings Ltd
HKEX:700
Average P/S: 5.2
6.3
9%
0.7
US
Alphabet Inc
NASDAQ:GOOGL
5.5
12%
0.5
US
Meta Platforms Inc
NASDAQ:META
8.4
14%
0.6
JP
L
LY Corp
XMUN:YOJ
3.9
7%
0.6
CN
Baidu Inc
NASDAQ:BIDU
1.7
6%
0.3
CN
Kuaishou Technology
HKEX:1024
1.6
10%
0.2
JP
Z Holdings Corp
TSE:4689
2
7%
0.3
AU
REA Group Ltd
ASX:REA
17.1
8%
2.1
KR
Naver Corp
KRX:035420
2.7
10%
0.3
US
Pinterest Inc
NYSE:PINS
4.8
15%
0.3
US
Snap Inc
NYSE:SNAP
2.7
12%
0.2
P/E Multiple
Earnings Growth PEG
CN
Tencent Holdings Ltd
HKEX:700
Average P/E: 25.5
21.4
16%
1.3
US
Alphabet Inc
NASDAQ:GOOGL
17.8
12%
1.5
US
Meta Platforms Inc
NASDAQ:META
22.2
11%
2
JP
L
LY Corp
XMUN:YOJ
62.7
20%
3.1
CN
Baidu Inc
NASDAQ:BIDU
10
12%
0.8
CN
Kuaishou Technology
HKEX:1024
13.5
21%
0.6
JP
Z Holdings Corp
TSE:4689
31.3
20%
1.6
AU
REA Group Ltd
ASX:REA
51.4
39%
1.3
KR
Naver Corp
KRX:035420
15.1
10%
1.5
US
Pinterest Inc
NYSE:PINS
9.5
-2%
N/A
US
Snap Inc
NYSE:SNAP
Negative Multiple: -20.7 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tencent Holdings Ltd
HKEX:700
Average EV/EBITDA: 23.1
19.9
24%
0.8
US
Alphabet Inc
NASDAQ:GOOGL
14.1
21%
0.7
US
Meta Platforms Inc
NASDAQ:META
15.7
21%
0.7
JP
L
LY Corp
XMUN:YOJ
24.1
15%
1.6
CN
Baidu Inc
NASDAQ:BIDU
4
-1%
N/A
CN
Kuaishou Technology
HKEX:1024
12.7
43%
0.3
JP
Z Holdings Corp
TSE:4689
14.9
15%
1
AU
REA Group Ltd
ASX:REA
40.8
22%
1.9
KR
Naver Corp
KRX:035420
9.4
11%
0.9
US
Pinterest Inc
NYSE:PINS
75.1
114%
0.7
US
Snap Inc
NYSE:SNAP
Negative Multiple: -26.2 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Tencent Holdings Ltd
HKEX:700
Average EV/EBIT: 27.6
19.9
N/A N/A
US
Alphabet Inc
NASDAQ:GOOGL
16.1
14%
1.2
US
Meta Platforms Inc
NASDAQ:META
19.2
14%
1.4
JP
L
LY Corp
XMUN:YOJ
39
N/A N/A
CN
Baidu Inc
NASDAQ:BIDU
7.9
15%
0.5
CN
Kuaishou Technology
HKEX:1024
12.7
20%
0.6
JP
Z Holdings Corp
TSE:4689
24.2
N/A N/A
AU
REA Group Ltd
ASX:REA
40.8
16%
2.6
KR
Naver Corp
KRX:035420
12.6
15%
0.8
US
Pinterest Inc
NYSE:PINS
84
79%
1.1
US
Snap Inc
NYSE:SNAP
Negative Multiple: -20.5 N/A N/A

See Also

Summary
Intrinsic value, competitors valuation, and company profile.
DCF Valuation
Stock valuation using Discount Cash Flow valuation method.
Relative Valuation
Stock valuation using valuation multiples.
Wall Street Estimates
Price targets and financial estimates made by Wall st analysts.
Profitability Analysis
Detailed analysis of the company's profitability.
Solvency Analysis
Analysis of the financial position and solvency of the company.
Financials
Income Statement, Balance Sheet, Cash Flow Statement.
Discount Rate
Stock discount rate: cost of equity and WACC.
Summary
DCF Valuation
Relative Valuation
Wall Street Estimates
Profitability Analysis
Solvency Analysis
Financials
Discount Rate
Discover More
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