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Tencent Holdings Limited (NNN1.VI)

EUR52.50 +1.50 (+2.94%)
CN VIE Communication Services Internet Content & Information
Address Tencent Binhai Towers 518054
Shenzhen, CN
CEO Huateng Ma
IPO 2018-09-14
ISIN US88032Q1094

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Also trades on Frankfurt Stock Exchange · NNND.F (EUR) Hong Kong Stock Exchange · 80700.HK (CNY) Hong Kong Stock Exchange · 0700.HK (HKD) Other OTC · TCEHY (USD) Other OTC · TCTZF (USD) Vienna Stock Exchange · NNN1.VI (EUR) Vienna Stock Exchange · NNND.VI (EUR)
Description

Tencent Holdings Limited functions as an investment holding company, offering a wide array of value-added services (VAS) and digital advertising solutions to markets both within Mainland China and globally. The company organizes its extensive operations into distinct segments: Value-Added Services, Online Advertising, FinTech and Business Services, and an 'Others' category. Its core offerings include highly popular online games, comprehensive social networking platforms, sophisticated financial technology (FinTech) and cloud services, and diverse online advertising initiatives. Furthermore, Tencent actively participates in the production, funding, and distribution of films and television programs for third parties, alongside managing intellectual property licensing and merchandise sales. The company's diverse activities also span software development, the creation and management of online games, providing critical information technology and system integration support, asset management, and fostering platforms for online literature and music entertainment. Founded in 1998, Tencent Holdings Limited is headquartered in Shenzhen, People's Republic of China.

Market Cap & Enterprise Value
Merger & Acquisition History

No mergers or acquisitions recorded for this company.

Technical Outlook
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Signal Summary Loading…
Indicator 1D1W2W3W1M
Each column is computed on that timeframe's candles (1D = daily, 1W ≈ weekly, 1M ≈ monthly), not on the same last day. ▲ bullish · ▼ bearish · — neutral. The Net row counts signals per column; hover any cell (or the indicator name) to see the exact rule behind it.
Day Score & sub-scores
Statistical fingerprint & regime detail
Conditional historical analysis
Customize analysis (advanced)
Indicative levels generated algorithmically. Not financial advice.
Risk Profile
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Price Chart
Averages
Trend
Price
Levels
Draw
EUR52.50 +1.50 (+2.94%)
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Volume Profile
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Liquidity & share structure
Average Volume
1
Beta
0.74
Float Shares
9.04B
Free Float %
100.0%
Price Performance
1D5D1M3M6M YTD1Y3Y5Y10YMax
-3.77% +0.99% -10.53% -11.30% -27.14% -25.55% -12.82% +23.79% -20.31% +42.10% +42.10%
Rolling Volatility
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Drawdown
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Relative Strength
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Monthly Returns Heatmap
From To
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Annual Monthly Returns
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Daily Returns Distribution
vs.
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Revenue flow

Revenue by geography

Revenue by segment

From To

Revenue composition

From To

By product

By geography

Financial Statements

Income Statement

Balance Sheet

Cash Flow Statement

Key Metrics

Financial Ratios

Employees

Financial Growth (CAGR)

Market Data

Analyst Consensus (1 ratings, all time) Buy
Price Targets & DCF
Current price
52.50
DCF (Unlevered) 51.82 -1.3%
DCF (Levered) 52.69 +0.4%

DCF figures are point estimates: small changes in growth or discount-rate assumptions move them materially. Read them as a reference, not a precise target.

Quality scores
Altman Z-Score
4.27
Safe zone
Piotroski F-Score
7 / 9
Strong
MOAT Score
8 / 10
Strong MOAT
Composite Rating
B+
Overall Score
3 / 5
Medium
DCF Score
3 / 5
Medium
ROE Score
4 / 5
High
ROA Score
5 / 5
High
D/E Score
2 / 5
Medium
P/E Score
2 / 5
Medium
P/Book Score
2 / 5
Medium
Operational MOAT
✗ Below peers ★ Strong MOAT
  • Revenue growth Internet Content & Information: +9.7%
    +10.8% Q1'26: +8.1% (vs Q1'25)
  • EPS growth Internet Content & Information: +26.9%
    +14.6% Q1'26: +22.0% (vs Q1'25)
  • FCF margin FCF growth · Internet Content & Information: +23.2%
    +26.5% Q1'26: +26.6% (vs Q1'25)
  • EBIT margin Internet Content & Information: +12.7%
    +32.6% Q1'26: +33.7% (vs Q1'25)
  • ROIC Internet Content & Information: +7.3%
    +16.3% Q1'26: +18.4% (vs Q1'25)
  • Share dilution Internet Content & Information: +0.3%
    -1.7% Q1'26: -1.0% (vs Q1'25)
  • Debt / EBITDA Net debt/EBITDA · Internet Content & Information: -1.09×
    1.35× Q1'26: 1.21× (vs Q1'25)
Valuation Multiples From To
Price Forecast (3Y) From To
Model
Adjust
P/E
Theoretical Return — If Invested Today

* These projections are based on analyst consensus estimates and user-defined valuation multiples. This table is for informational purposes only and does not constitute a recommendation to buy or sell any security. Past performance is not indicative of future results.

DCF Interactive Model (UFCF)
Projection years:
Market assumptions
WACC components (optional)
Ke (Cost of Equity) = Rf + β (0.75) × ERP
WACC = 90% × Ke + 10% × Kd (4.1%) × (1−t)

Modifying these values recalculates WACC automatically.

Business assumptions
Intrinsic value (base): 51.60 Current price: 52.50
Enterprise Value: Equity Value: Terminal Value: TV as % of EV:

Base values reflect the latest available data for this company and market conditions.

Consensus Estimates
Metric Dec 2015
actual
Dec 2016
actual
Dec 2017
actual
Dec 2018
actual
Dec 2019
actual
Dec 2020
actual
Dec 2021
actual
Dec 2022
actual
Dec 2023
actual
Dec 2024
actual
Dec 2025
actual
Dec 2026
42 Rev. Ana.
1 EPS Ana.
Dec 2027
40 Rev. Ana.
1 EPS Ana.
Dec 2028
30 Rev. Ana.
1 EPS Ana.
Dec 2029
31 Rev. Ana.
1 EPS Ana.
Dec 2030
31 Rev. Ana.
Revenue
102.86B
est: 100.99B (+1.9%)
151.94B
est: 152.48B (-0.4%)
237.76B
est: 238.00B (-0.1%)
312.69B
est: 313.81B (-0.4%)
377.29B
est: 375.89B (+0.4%)
482.06B
est: 481.02B (+0.2%)
560.12B
est: 562.59B (-0.4%)
554.55B
est: 553.55B (+0.2%)
609.02B
est: 600.42B (+1.4%)
660.26B
est: 659.68B (+0.1%)
731.31B
est: 757.02B (-3.4%)
827.88B
779.32B – 840.07B
+9.4% YoY
908.46B
792.48B – 957.98B
+9.7% YoY
993.96B
899.79B – 1.03T
+9.4% YoY
1.09T
984.33B – 1.13T
+9.4% YoY
1.09T
985.35B – 1.13T
+0.1% YoY
EBITDA
40.33B
est: 41.77B (-3.4%)
55.00B
est: 63.07B (-12.8%)
114.89B
est: 98.44B (+16.7%)
133.61B
est: 129.80B (+2.9%)
161.76B
est: 155.48B (+4.0%)
238.25B
est: 198.96B (+19.7%)
313.65B
est: 232.70B (+34.8%)
134.30B
est: 228.96B (-41.3%)
183.94B
est: 248.35B (-25.9%)
310.15B
est: 262.16B (+18.3%)
302.13B
est: 300.84B (+0.4%)
329.01B
309.71B – 333.85B
+9.4% YoY
361.03B
314.94B – 380.71B
+9.7% YoY
395.01B
357.58B – 409.04B
+9.4% YoY
432.12B
391.18B – 447.47B
+9.4% YoY
432.57B
391.59B – 447.94B
+0.1% YoY
EBIT
36.59B
est: 34.29B (+6.7%)
50.78B
est: 51.78B (-1.9%)
91.28B
est: 80.83B (+12.9%)
99.36B
est: 106.57B (-6.8%)
117.09B
est: 127.65B (-8.3%)
187.47B
est: 163.36B (+14.8%)
255.98B
est: 191.06B (+34.0%)
110.88B
est: 187.99B (-41.0%)
162.95B
est: 203.90B (-20.1%)
253.93B
est: 215.67B (+17.7%)
238.08B
est: 247.49B (-3.8%)
270.66B
254.79B – 274.65B
+9.4% YoY
297.01B
259.09B – 313.19B
+9.7% YoY
324.96B
294.17B – 336.50B
+9.4% YoY
355.49B
321.81B – 368.12B
+9.4% YoY
355.86B
322.14B – 368.50B
+0.1% YoY
Net Income
28.81B
est: 27.83B (+3.5%)
41.10B
est: 38.63B (+6.4%)
71.51B
est: 60.42B (+18.4%)
78.72B
est: 75.43B (+4.4%)
93.31B
est: 85.15B (+9.6%)
159.85B
est: 114.63B (+39.4%)
224.82B
est: 135.57B (+65.8%)
188.24B
est: 109.29B (+72.2%)
115.22B
est: 149.62B (-23.0%)
194.07B
est: 211.53B (-8.3%)
218.72B
est: 255.78B (-14.5%)
274.66B
240.83B – 287.35B
+7.4% YoY
306.26B
268.54B – 320.40B
+11.5% YoY
345.08B
302.58B – 361.02B
+12.7% YoY
421.74B
369.79B – 441.22B
+22.2% YoY
— – —
-100.0% YoY
SGA
24.82B
est: 23.03B (+7.8%)
34.60B
est: 34.78B (-0.5%)
50.70B
est: 54.28B (-6.6%)
65.76B
est: 71.57B (-8.1%)
74.84B
est: 85.73B (-12.7%)
101.38B
est: 109.71B (-7.6%)
130.44B
est: 128.31B (+1.7%)
135.93B
est: 126.25B (+7.7%)
137.74B
est: 136.94B (+0.6%)
149.15B
est: 138.87B (+7.4%)
89.60B
est: 159.36B (-43.8%)
174.28B
164.06B – 176.85B
+9.4% YoY
191.24B
166.83B – 201.67B
+9.7% YoY
209.24B
189.42B – 216.67B
+9.4% YoY
228.90B
207.21B – 237.03B
+9.4% YoY
229.14B
207.43B – 237.28B
+0.1% YoY
EPS
3.10
est: 2.96 (+4.8%)
4.38
est: 4.11 (+6.7%)
7.60
est: 6.42 (+18.3%)
8.34
est: 8.02 (+4.0%)
9.86
est: 9.05 (+8.9%)
16.84
est: 12.18 (+38.2%)
23.60
est: 14.41 (+63.8%)
19.76
est: 11.62 (+70.1%)
12.19
est: 15.90 (-23.4%)
20.94
est: 22.88 (-8.5%)
24.06
est: 27.67 (-13.0%)
29.71
26.05 – 31.08
+7.4% YoY
33.13
29.05 – 34.66
+11.5% YoY
37.33
32.73 – 39.05
+12.7% YoY
45.62
40.00 – 47.73
+22.2% YoY
— – —
-100.0% YoY
Historical Ratings (3M)
Date Rating Overall DCF ROE ROA D/E P/E P/B
2026-05-12 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-11 B+ 3/5 3/5 5/5 5/5 2/5 2/5 2/5
2026-05-08 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-07 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-06 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-05 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-05-04 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-30 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-29 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-28 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-27 B+ 3/5 3/5 4/5 5/5 2/5 2/5 2/5
2026-04-24 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-23 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-22 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-21 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-20 B 3/5 3/5 4/5 5/5 2/5 2/5 1/5
2026-04-17 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5
2026-04-16 B+ 3/5 3/5 5/5 5/5 2/5 2/5 1/5

Owner Earnings

Owner's Earnings (history) From To
Owner alignment
Owner's Earnings TTM
200.00B
OE per share TTM
21.50
Owner's Yield
44.53%
Maintenance CapEx ratio
33.06%
Maint CapEx / Avg PPE
17.8%

Ownership Overview

Ownership breakdown

Ownership breakdown not available.

At a glance
Institutional holders
Total invested
Insider transactions (90d)
0
Beneficial owners (>5%)
0
Beneficial owners (>5%)

No beneficial ownership filings recorded.

Institutional Activity (13F)

Institutional ownership trend

Institutional history not available.

Top institutional holders

Top holders not available.

ETF Ownership

Top ETFs holding this stock

This company is not held by any ETF in our universe.

Insider Activity

Insider Activity — Latest Quarter

No insider activity available.

Insider buys vs sells (history)

Insider history not available.

Recent insider transactions

No recent insider transactions.

Executive team

Top executives
EBIT / Employee
2.15M
Shares Outstanding
9.04B

Executive compensation

Executive compensation (annual)

Executive compensation not available.

CEO compensation breakdown

No CEO compensation history available.

Proxy statements

Proxy statements (DEF 14A)

No proxy statements available for this company yet.

Recent SEC filings

Recent SEC filings

No SEC filings available for this company yet.

Executive team

NameTitleCompensationGender
Huateng Ma Co-Founder, Chairman & Chief Executive Officer 6M male
Chi Ping Lau President 2M male
Liqing Zeng Co-Founder & Advisor Emeritus 2M male
Yidan Chen Co-Founder & Advisor Emeritus 2M male
Zhidong Zhang Co-Founder & Advisor Emeritus 2M male
Shek Lo Chief Financial Officer & Senior Vice President male
Shan Lu Senior EVice President and President of Technology & Engineering Group male
Chenye Xu Co-Founder & Chief Information Officer male
Weibiao Zhan Managing Director male
Yuxin Ren Chief Operating Officer and President of Platform & Content Group & Interactive Entertainment Group male
ESG Score History

No data available for this company.

Senate Trading Activity

No Senate trading activity found for this company.

House Trading Activity

No House trading activity found for this company.

Market share among peers
Peer comparison — filtered group (TTM)
Your opinion

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These are community opinions and do not constitute buy or sell advice to act on. The results shown are based on aggregated opinions and are not an investment recommendation, nor do they intend to influence any investment decision.

Dividend yield history

Dividend history

Earnings history

Earnings reports

Stock splits