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ISIN
US88032Q1094
IPO Date
Nov 3, 2008

Highlights

Market Cap
$514.61B
Enterprise Value
$549.98B
EPS (TTM)
CN¥25.30
PE Ratio
15.01
PEG Ratio
1.87
Total Revenue (TTM)
CN¥763.32B
Gross Profit (TTM)
CN¥422.60B
EBITDA (TTM)
CN¥324.78B
Year Range
$54.12 - $87.68
Target Price
$106.00
ROA (TTM)
11.43%
ROE (TTM)
20.80%

Share Price Chart


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Performance

TCEHY Performance Chart

Tencent Holdings Limited (TCEHY) is down 25.9% since the beginning of the year. At $56 per share, TCEHY is trading 36.0% below its 52-week high of $88. Investors who bought $1,000 worth of TCEHY shares 5 years ago would now be looking at an investment worth $817.


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S&P 500 Index

Returns By Period

Tencent Holdings Limited (TCEHY) has returned -25.86% so far this year and -11.32% over the past 12 months. Over the last ten years, TCEHY has returned 11.27% per year, falling short of the S&P 500 Index benchmark, which averaged 13.54% annually.


Tencent Holdings Limited

1D
0.66%
1M
-1.27%
YTD
-25.86%
6M
-27.99%
1Y
-11.32%
3Y*
8.02%
5Y*
-3.97%
10Y*
11.27%

Benchmark (S&P 500 Index)

1D
0.00%
1M
-0.34%
YTD
8.39%
6M
8.57%
1Y
24.33%
3Y*
18.94%
5Y*
12.24%
10Y*
13.54%
*Multi-year figures are annualized to reflect compound growth (CAGR)

TCEHY Monthly Returns History

Based on dividend-adjusted daily data since Nov 3, 2008, TCEHY's average daily return is +0.11%, while the average monthly return is +2.25%. At this rate, an investment would double in approximately 2.6 years.

Historically, 56% of months were positive and 44% were negative. The best month was Nov 2022 with a return of +43.8%, while the worst month was Oct 2022 at -22.3%. The longest winning streak lasted 13 consecutive months, and the longest losing streak was 8 months.

On a daily basis, TCEHY closed higher 50% of trading days. The best single day was Mar 16, 2022 with a return of +33.4%, while the worst single day was Oct 24, 2022 at -14.2%.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026-0.21%-13.99%-3.77%-3.48%-9.48%2.75%-25.86%
2025-0.30%16.20%3.62%-4.35%3.74%2.74%8.64%10.73%9.74%-4.44%-2.86%-3.15%45.23%
2024-7.81%0.29%11.70%12.09%7.25%1.78%-2.77%5.34%14.20%-5.76%-1.17%3.06%41.92%
202321.10%-9.83%11.21%-9.27%-10.27%7.49%8.12%-9.86%-6.62%-4.29%12.46%-9.20%-5.48%
202210.25%-13.99%-13.70%1.40%-2.79%-0.33%-14.83%6.83%-18.11%-22.29%43.80%12.09%-24.97%
202124.23%-2.84%-8.03%-0.18%-1.34%-3.93%-18.73%0.75%-3.07%1.71%-3.85%-0.26%-18.69%

Benchmark Metrics

Tencent Holdings Limited has an annualized alpha of 20.21%, beta of 0.77, and R2 of 0.15 versus S&P 500 Index. Calculated based on daily prices since November 03, 2008.

  • This stock captured 116.55% of S&P 500 Index gains but only 63.46% of its losses - a favorable profile for investors.
  • R2 of 0.15 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.

Alpha
20.21%
Beta
0.77
0.15
Upside Capture
116.55%
Downside Capture
63.46%

Return for Risk

Risk / Return Rank

TCEHY ranks 26 for risk / return — below 26% of stocks on our site. The returns aren't fully compensating for the risk involved. This isn't necessarily a dealbreaker, but factor it into your decision — especially if you're risk-averse.


TCEHY Risk / Return Rank: 2626
Overall Rank
TCEHY Sharpe Ratio Rank: 2525
Sharpe Ratio Rank
TCEHY Sortino Ratio Rank: 2222
Sortino Ratio Rank
TCEHY Omega Ratio Rank: 2323
Omega Ratio Rank
TCEHY Calmar Ratio Rank: 3131
Calmar Ratio Rank
TCEHY Martin Ratio Rank: 2929
Martin Ratio Rank
The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

Return / Risk — by metrics

The table below present risk-adjusted performance metrics for Tencent Holdings Limited (TCEHY) and compare them to S&P 500 Index.

Values are calculated on a 1-year rolling basis and updated daily. Risk-adjusted metrics are more stable over longer periods — use the period switch above to explore them.


TCEHYBenchmarkDifference
Sharpe ratioReturn per unit of total volatility

-2.34

Sortino ratioReturn per unit of downside risk

-3.05

Omega ratioGain probability vs. loss probability

0.95

1.35

-0.40

Calmar ratioReturn relative to maximum drawdown

-0.33

2.66

-2.99

Martin ratioReturn relative to average drawdown

-0.68

11.86

-12.54

Dividends

Dividend History

Tencent Holdings Limited provided a 1.21% dividend yield over the last twelve months, with an annual payout of $0.68 per share.


0.00%1.00%2.00%3.00%4.00%5.00%6.00%7.00%$0.00$0.50$1.00$1.50$2.00$2.5020152016201720182019202020212022202320242025
Dividends
Dividend Yield
PeriodTTM20252024202320222021202020192018201720162015
Dividend$0.68$0.58$0.43$2.52$1.76$0.21$0.14$0.11$0.10$0.15$0.12$0.04

Dividend yield

1.21%0.76%0.82%6.67%4.15%0.35%0.19%0.23%0.26%0.29%0.51%0.21%

Monthly Dividends

The table displays the monthly dividend distributions for Tencent Holdings Limited. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2026$0.00$0.00$0.00$0.00$0.68$0.00$0.68
2025$0.00$0.00$0.00$0.00$0.58$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.58
2024$0.00$0.00$0.00$0.00$0.43$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.43
2023$2.21$0.00$0.00$0.00$0.31$0.00$0.00$0.00$0.00$0.00$0.00$0.00$2.52
2022$1.55$0.00$0.00$0.00$0.20$0.00$0.00$0.00$0.00$0.00$0.00$0.00$1.76
2021$0.00$0.00$0.00$0.00$0.21$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.21

Dividend Yield & Payout


Dividend Yield

Tencent Holdings Limited has a dividend yield of 1.21%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.

Payout Ratio

Tencent Holdings Limited has a payout ratio of 16.07%, which is below the market average. This means Tencent Holdings Limited returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


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Worst Drawdowns

The table below displays the maximum drawdowns of the Tencent Holdings Limited. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Tencent Holdings Limited was 73.17%, occurring on Oct 24, 2022. The portfolio has not yet recovered.

The current Tencent Holdings Limited drawdown is 36.08%.


Related event

Drawdown

Fall

Recovery

Underwater

Bear market2022
-73.17%Oct 2022
1y 8mo
5y 4moFeb 2021 - now
Rate-hike selloffLate 2018
-47.16%Oct 2018
9mo 3d1y 7mo
2y 4moJan 2018 - Jun 2020
2011 bear market2011
-36.54%Dec 2011
7mo 19d4mo 6d
11mo 25dApr 2011 - Apr 2012
2010 bear market2010
-28.90%Jun 2010
5mo 4d3mo 21d
8mo 25dJan 2010 - Oct 2010
2015 bear market2015
-27.77%Aug 2015
4mo 12d9mo 7d
1y 1moApr 2015 - May 2016

Drawdown Indicators


TCEHYBenchmarkDifference

Max Drawdown

Largest peak-to-trough decline

-73.17%

-56.78%

-16.39%

Max Drawdown (1Y)

Largest decline over 1 year

-36.75%

-9.10%

-27.65%

Max Drawdown (3Y)

Largest decline over 3 years

-36.75%

-18.90%

-17.85%

Max Drawdown (5Y)

Largest decline over 5 years

-65.91%

-25.43%

-40.48%

Max Drawdown (10Y)

Largest decline over 10 years

-73.17%

-33.92%

-39.25%

Current Drawdown

Current decline from peak

-36.08%

-2.49%

-33.59%

Average Drawdown

Average peak-to-trough decline

-19.74%

-10.72%

-9.02%

Ulcer Index

Depth and duration of drawdowns from previous peaks

17.94%

2.03%

+15.91%

Volatility

Volatility Chart

The chart below shows the rolling one-month volatility.


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Financials

Financial Performance

The chart below illustrates the trends in the financial health of Tencent Holdings Limited over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.


Annual
Quarterly

0.0

Valuation

The Valuation section provides an overview of how Tencent Holdings Limited is priced in the market compared to other companies in the Internet Content & Information industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.


PE Ratio

The chart displays the Price-to-Earnings (P/E) ratio for TCEHY, comparing it with other companies in the Internet Content & Information industry. Currently, TCEHY has a P/E ratio of 15.0. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

PEG Ratio

The chart shows the Price/Earnings to Growth (PEG) ratio for TCEHY compared to other companies in the Internet Content & Information industry. TCEHY currently has a PEG ratio of 1.9. This PEG ratio is higher than the industry average, which may suggest the stock is overvalued relative to its expected earnings growth.

PS Ratio

This chart shows the Price-to-Sales (P/S) ratio for TCEHY relative to other companies in the Internet Content & Information industry. Currently, TCEHY has a P/S ratio of 4.6. This P/S ratio is high relative to other companies in the industry. It could mean the stock is overvalued, or that investors expect strong future growth and profitability.

PB Ratio

The chart illustrates the Price-to-Book (P/B) ratio for TCEHY in comparison with other companies in the Internet Content & Information industry. Currently, TCEHY has a P/B value of 3.1. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
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