Tencent Holdings Ltd
XMUN:NNN1

Watchlist Manager
Tencent Holdings Ltd Logo
Tencent Holdings Ltd
XMUN:NNN1
Watchlist
Price: 68.5 EUR Market Closed
Market Cap: 652.1B EUR

Relative Value

The Relative Value of one NNN1 stock under the Base Case scenario is 71.22 EUR. Compared to the current market price of 68.5 EUR, Tencent Holdings Ltd is Undervalued by 4%.

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.

NNN1 Relative Value
Base Case
71.22 EUR
Undervaluation 4%
Relative Value
Price
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
15
vs Industry
12
Median 3Y
5.3
Median 5Y
5.5
Industry
1.5
Forward
6.7
vs History
11
vs Industry
18
Median 3Y
20.6
Median 5Y
20.2
Industry
17.2
Forward
19.6
vs History
28
vs Industry
22
Median 3Y
15.7
Median 5Y
16.5
Industry
11.1
vs History
34
vs Industry
24
Median 3Y
21.6
Median 5Y
21.7
Industry
15.4
vs History
15
vs Industry
13
Median 3Y
3.8
Median 5Y
3.9
Industry
1.8
vs History
17
vs Industry
12
Median 3Y
5.3
Median 5Y
5.6
Industry
1.6
Forward
7.2
vs History
17
vs Industry
14
Median 3Y
11
Median 5Y
11.8
Industry
3.5
vs History
28
vs Industry
14
Median 3Y
19.1
Median 5Y
22.1
Industry
8.9
Forward
16.5
vs History
38
vs Industry
17
Median 3Y
21.1
Median 5Y
24
Industry
12.7
Forward
20.2
vs History
28
vs Industry
20
Median 3Y
16
Median 5Y
17.3
Industry
10.5
vs History
14
vs Industry
23
Median 3Y
21.6
Median 5Y
26.5
Industry
12.7
vs History
19
vs Industry
17
Median 3Y
2.7
Median 5Y
2.7
Industry
1.4

Multiples Across Competitors

NNN1 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
XMUN:NNN1
5.7T EUR 7.2 24.4 24.6 24.6
US
Alphabet Inc
NASDAQ:GOOGL
3.8T USD 9.8 30.6 25.9 30
US
Meta Platforms Inc
NASDAQ:META
1.7T USD 8.8 28.4 16.5 20.1
CN
Baidu Inc
NASDAQ:BIDU
51.3B USD 2.7 42.6 23.6 23.6
CN
Kuaishou Technology
HKEX:1024
316.4B HKD 2 16.4 12.7 12.7
JP
LY Corp
XMUN:YOJ
32.5B EUR 3 29.1 20.2 31.6
KR
Naver Corp
KRX:035420
37.4T KRW 3.2 17.1 14.5 14.5
NL
Nebius Group NV
NASDAQ:NBIS
25.2B USD 5 899.9 9 320.7 -6 841.4 -3 904.7
KR
Kakao Corp
KRX:035720
26.2T KRW 3.3 112.8 13.6 33.8
JP
Z Holdings Corp
TSE:4689
2.9T JPY 1.5 14.2 13.7 21.3
US
Pinterest Inc
NYSE:PINS
18.4B USD 4.5 9.2 51.3 56
P/S Multiple
Revenue Growth P/S to Growth
CN
Tencent Holdings Ltd
XMUN:NNN1
Average P/S: 540.5
7.2
11%
0.7
US
Alphabet Inc
NASDAQ:GOOGL
9.8
14%
0.7
US
Meta Platforms Inc
NASDAQ:META
8.8
19%
0.5
CN
Baidu Inc
NASDAQ:BIDU
2.7
4%
0.7
CN
Kuaishou Technology
HKEX:1024
2
11%
0.2
JP
L
LY Corp
XMUN:YOJ
3
8%
0.4
KR
Naver Corp
KRX:035420
3.2
11%
0.3
NL
Nebius Group NV
NASDAQ:NBIS
5 899.9
300%
19.7
KR
Kakao Corp
KRX:035720
3.3
7%
0.5
JP
Z Holdings Corp
TSE:4689
1.5
8%
0.2
US
Pinterest Inc
NYSE:PINS
4.5
16%
0.3
P/E Multiple
Earnings Growth PEG
CN
Tencent Holdings Ltd
XMUN:NNN1
Average P/E: 876.9
24.4
19%
1.3
US
Alphabet Inc
NASDAQ:GOOGL
30.6
17%
1.8
US
Meta Platforms Inc
NASDAQ:META
28.4
12%
2.4
CN
Baidu Inc
NASDAQ:BIDU
42.6
1%
42.6
CN
Kuaishou Technology
HKEX:1024
16.4
22%
0.7
JP
L
LY Corp
XMUN:YOJ
29.1
11%
2.6
KR
Naver Corp
KRX:035420
17.1
10%
1.7
NL
Nebius Group NV
NASDAQ:NBIS
9 320.7
N/A N/A
KR
Kakao Corp
KRX:035720
112.8
143%
0.8
JP
Z Holdings Corp
TSE:4689
14.2
11%
1.3
US
Pinterest Inc
NYSE:PINS
9.2
-7%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tencent Holdings Ltd
XMUN:NNN1
Average EV/EBITDA: 21.7
24.6
28%
0.9
US
Alphabet Inc
NASDAQ:GOOGL
25.9
26%
1
US
Meta Platforms Inc
NASDAQ:META
16.5
24%
0.7
CN
Baidu Inc
NASDAQ:BIDU
23.6
-10%
N/A
CN
Kuaishou Technology
HKEX:1024
12.7
24%
0.5
JP
L
LY Corp
XMUN:YOJ
20.2
12%
1.7
KR
Naver Corp
KRX:035420
14.5
12%
1.2
NL
Nebius Group NV
NASDAQ:NBIS
Negative Multiple: -6 841.4 N/A N/A
KR
Kakao Corp
KRX:035720
13.6
13%
1
JP
Z Holdings Corp
TSE:4689
13.7
12%
1.1
US
Pinterest Inc
NYSE:PINS
51.3
109%
0.5
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Tencent Holdings Ltd
XMUN:NNN1
Average EV/EBIT: 26.8
24.6
18%
1.4
US
Alphabet Inc
NASDAQ:GOOGL
30
17%
1.8
US
Meta Platforms Inc
NASDAQ:META
20.1
13%
1.5
CN
Baidu Inc
NASDAQ:BIDU
23.6
1%
23.6
CN
Kuaishou Technology
HKEX:1024
12.7
30%
0.4
JP
L
LY Corp
XMUN:YOJ
31.6
N/A N/A
KR
Naver Corp
KRX:035420
14.5
12%
1.2
NL
Nebius Group NV
NASDAQ:NBIS
Negative Multiple: -3 904.7 N/A N/A
KR
Kakao Corp
KRX:035720
33.8
32%
1.1
JP
Z Holdings Corp
TSE:4689
21.3
N/A N/A
US
Pinterest Inc
NYSE:PINS
56
61%
0.9