Tencent Holdings Ltd
HKEX:700

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Tencent Holdings Ltd
HKEX:700
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Price: 610.5 HKD -0.25% Market Closed
Market Cap: 5.6T HKD

Relative Value

The Relative Value of one Tencent Holdings Ltd stock under the Base Case scenario is 619.54 HKD. Compared to the current market price of 610.5 HKD, Tencent Holdings Ltd is Undervalued by 1%.

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
619.54 HKD
Undervaluation 1%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
20
vs Industry
12
Median 3Y
5.2
Median 5Y
5.5
Industry
1.5
Forward
6.8
vs History
19
vs Industry
18
Median 3Y
20.5
Median 5Y
20.2
Industry
17.3
Forward
20
vs History
39
vs Industry
22
Median 3Y
14.9
Median 5Y
16.5
Industry
11.2
vs History
42
vs Industry
24
Median 3Y
20.5
Median 5Y
21.7
Industry
15.5
vs History
20
vs Industry
13
Median 3Y
3.8
Median 5Y
3.9
Industry
1.8
vs History
19
vs Industry
12
Median 3Y
5.2
Median 5Y
5.6
Industry
1.6
Forward
7.3
vs History
25
vs Industry
14
Median 3Y
10.9
Median 5Y
11.8
Industry
3.6
vs History
36
vs Industry
14
Median 3Y
19.1
Median 5Y
22.1
Industry
8.9
Forward
16.9
vs History
47
vs Industry
17
Median 3Y
20.7
Median 5Y
24.3
Industry
12.7
Forward
20.6
vs History
31
vs Industry
20
Median 3Y
15.7
Median 5Y
17.3
Industry
10.8
vs History
22
vs Industry
23
Median 3Y
21
Median 5Y
26.5
Industry
12.8
vs History
26
vs Industry
17
Median 3Y
2.6
Median 5Y
2.7
Industry
1.4

Multiples Across Competitors

Competitors Multiples
Tencent Holdings Ltd Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Tencent Holdings Ltd
HKEX:700
5.6T HKD 7.2 24.4 24.6 24.6
US
Alphabet Inc
NASDAQ:GOOGL
3.8T USD 10 30.9 26.2 30.3
US
Meta Platforms Inc
NASDAQ:META
1.7T USD 8.8 28.4 16.5 20.1
CN
Baidu Inc
NASDAQ:BIDU
41.6B USD 2.3 35 18.6 18.6
CN
Kuaishou Technology
HKEX:1024
297.8B HKD 2 15.6 12 12
JP
LY Corp
XMUN:YOJ
32.2B EUR 3 38.6 20.3 31.6
NL
Nebius Group NV
NASDAQ:NBIS
25.9B USD 5 803.3 9 168.1 -6 729.3 -3 840.7
KR
Naver Corp
KRX:035420
36.9T KRW 3.3 18.7 11.2 14.8
JP
Z Holdings Corp
TSE:4689
2.9T JPY 1.5 19.3 13.8 21.5
US
Pinterest Inc
NYSE:PINS
18.5B USD 4.6 9.3 51.7 56.3
KR
Kakao Corp
KRX:035720
26.5T KRW 3.4 124 15.3 41.4
P/E Multiple
Earnings Growth PEG
CN
Tencent Holdings Ltd
HKEX:700
Average P/E: 864.7
24.4
19%
1.3
US
Alphabet Inc
NASDAQ:GOOGL
30.9
16%
1.9
US
Meta Platforms Inc
NASDAQ:META
28.4
13%
2.2
CN
Baidu Inc
NASDAQ:BIDU
35
-1%
N/A
CN
Kuaishou Technology
HKEX:1024
15.6
23%
0.7
JP
L
LY Corp
XMUN:YOJ
38.6
12%
3.2
NL
Nebius Group NV
NASDAQ:NBIS
9 168.1
N/A N/A
KR
Naver Corp
KRX:035420
18.7
8%
2.3
JP
Z Holdings Corp
TSE:4689
19.3
12%
1.6
US
Pinterest Inc
NYSE:PINS
9.3
-2%
N/A
KR
Kakao Corp
KRX:035720
124
140%
0.9
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tencent Holdings Ltd
HKEX:700
Average EV/EBITDA: 21
24.6
27%
0.9
US
Alphabet Inc
NASDAQ:GOOGL
26.2
23%
1.1
US
Meta Platforms Inc
NASDAQ:META
16.5
23%
0.7
CN
Baidu Inc
NASDAQ:BIDU
18.6
-9%
N/A
CN
Kuaishou Technology
HKEX:1024
12
24%
0.5
JP
L
LY Corp
XMUN:YOJ
20.3
12%
1.7
NL
Nebius Group NV
NASDAQ:NBIS
Negative Multiple: -6 729.3 N/A N/A
KR
Naver Corp
KRX:035420
11.2
11%
1
JP
Z Holdings Corp
TSE:4689
13.8
12%
1.1
US
Pinterest Inc
NYSE:PINS
51.7
111%
0.5
KR
Kakao Corp
KRX:035720
15.3
11%
1.4
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Tencent Holdings Ltd
HKEX:700
Average EV/EBIT: 27.1
24.6
17%
1.4
US
Alphabet Inc
NASDAQ:GOOGL
30.3
14%
2.2
US
Meta Platforms Inc
NASDAQ:META
20.1
14%
1.4
CN
Baidu Inc
NASDAQ:BIDU
18.6
1%
18.6
CN
Kuaishou Technology
HKEX:1024
12
30%
0.4
JP
L
LY Corp
XMUN:YOJ
31.6
N/A N/A
NL
Nebius Group NV
NASDAQ:NBIS
Negative Multiple: -3 840.7 N/A N/A
KR
Naver Corp
KRX:035420
14.8
13%
1.1
JP
Z Holdings Corp
TSE:4689
21.5
N/A N/A
US
Pinterest Inc
NYSE:PINS
56.3
61%
0.9
KR
Kakao Corp
KRX:035720
41.4
28%
1.5