TLGPY vs. TCEHY

Last updated Apr 1, 2026

Compare and contrast key facts about Telstra Corporation Limited (TLGPY) and Tencent Holdings Limited (TCEHY).

Performance

TLGPY vs. TCEHY - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in Telstra Corporation Limited (TLGPY) and Tencent Holdings Limited (TCEHY). The values are adjusted to include any dividend payments, if applicable.

TLGPY vs. TCEHY - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022
TLGPY Telstra Corporation Limited	14.34%	38.47%	-3.13%	10.15%	7.53%
TCEHY Tencent Holdings Limited	-17.41%	45.23%	41.92%	-5.48%	61.19%

Fundamentals

Market Cap TLGPY : $41.95B TCEHY : $586.89B
EPS TLGPY : $1.72 TCEHY : $24.17
PE Ratio TLGPY : 10.73 TCEHY : 2.62
PEG Ratio TLGPY : 1.59 TCEHY : 0.33
PS Ratio TLGPY : 0.92 TCEHY : 0.78
PB Ratio TLGPY : 3.15 TCEHY : 0.51
Total Revenue (TTM) TLGPY : $46.06B TCEHY : $748.08B
Gross Profit (TTM) TLGPY : $17.20B TCEHY : $416.51B
EBITDA (TTM) TLGPY : $15.42B TCEHY : $308.68B

Returns By Period

In the year-to-date period, TLGPY achieves a 14.34% return, which is significantly higher than TCEHY's -17.41% return.

TLGPY

• 1D: 0.98%
• 1M: -0.24%
• YTD: 14.34%
• 6M: 17.48%
• 1Y: 43.78%
• 3Y*: 14.74%
• 5Y*: —
• 10Y*: —

TCEHY

• 1D: 3.59%
• 1M: -3.77%
• YTD: -17.41%
• 6M: -25.75%
• 1Y: -0.09%
• 3Y*: 9.83%
• 5Y*: -3.39%
• 10Y*: 13.31%

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TLGPY vs. TCEHY — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TLGPY

TLGPY Risk / Return Rank: 95
TLGPY Sharpe Ratio Rank: 94
TLGPY Sortino Ratio Rank: 94
TLGPY Omega Ratio Rank: 93
TLGPY Calmar Ratio Rank: 97
TLGPY Martin Ratio Rank: 97

TCEHY

TCEHY Risk / Return Rank: 39
TCEHY Sharpe Ratio Rank: 42
TCEHY Sortino Ratio Rank: 36
TCEHY Omega Ratio Rank: 36
TCEHY Calmar Ratio Rank: 41
TCEHY Martin Ratio Rank: 39

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.

TLGPY vs. TCEHY - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Telstra Corporation Limited (TLGPY) and Tencent Holdings Limited (TCEHY). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TLGPY	TCEHY	Difference
Sharpe ratio Return per unit of total volatility	2.51	-0.00	+2.51
Sortino ratio Return per unit of downside risk	3.35	0.23	+3.13
Omega ratio Gain probability vs. loss probability	1.45	1.03	+0.42
Calmar ratio Return relative to maximum drawdown	7.45	-0.06	+7.51
Martin ratio Return relative to average drawdown	20.45	-0.18	+20.63
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TLGPY vs. TCEHY - Sharpe Ratio Comparison

The current TLGPY Sharpe Ratio is 2.51, which is higher than the TCEHY Sharpe Ratio of -0.00. The chart below compares the historical Sharpe Ratios of TLGPY and TCEHY, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TLGPY	TCEHY	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	2.51	-0.00	+2.51
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	—	-0.08	—
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	—	0.35	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.90	0.67	+0.24

Correlation

The correlation between TLGPY and TCEHY is 0.27, which is considered to be low. This implies their price changes are not closely related. A low correlation is generally favorable for portfolio diversification, as it helps to reduce overall risk by spreading it across multiple assets with different performance patterns.

Dividends

TLGPY vs. TCEHY - Dividend Comparison

TLGPY's dividend yield for the trailing twelve months is around 3.68%, more than TCEHY's 0.92% yield.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TLGPY Telstra Corporation Limited	3.68%	3.71%	4.76%	9.50%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
TCEHY Tencent Holdings Limited	0.92%	0.76%	0.82%	6.67%	4.15%	0.35%	0.19%	0.23%	0.26%	0.29%	0.51%	0.21%

Drawdowns

TLGPY vs. TCEHY - Drawdown Comparison

The maximum TLGPY drawdown since its inception was -19.28%, smaller than the maximum TCEHY drawdown of -73.17%. Use the drawdown chart below to compare losses from any high point for TLGPY and TCEHY.

Drawdown Indicators

	TLGPY	TCEHY	Difference
Max Drawdown Largest peak-to-trough decline	-19.28%	-73.17%	+53.89%
Max Drawdown (1Y) Largest decline over 1 year	-6.00%	-30.12%	+24.12%
Max Drawdown (5Y) Largest decline over 5 years	—	-68.59%	—
Max Drawdown (10Y) Largest decline over 10 years	—	-73.17%	—
Current Drawdown Current decline from peak	-1.68%	-28.80%	+27.12%
Average Drawdown Average peak-to-trough decline	-5.50%	-19.54%	+14.04%
Ulcer Index Depth and duration of drawdowns from previous peaks	2.19%	11.01%	-8.82%

Volatility

TLGPY vs. TCEHY - Volatility Comparison

The current volatility for Telstra Corporation Limited (TLGPY) is 5.82%, while Tencent Holdings Limited (TCEHY) has a volatility of 15.10%. This indicates that TLGPY experiences smaller price fluctuations and is considered to be less risky than TCEHY based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TLGPY	TCEHY	Difference
Volatility (1M) Calculated over the trailing 1-month period	5.82%	15.10%	-9.28%
Volatility (6M) Calculated over the trailing 6-month period	11.72%	22.50%	-10.78%
Volatility (1Y) Calculated over the trailing 1-year period	17.56%	31.79%	-14.23%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	21.28%	43.24%	-21.96%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	21.28%	38.71%	-17.43%

Financials

TLGPY vs. TCEHY - Profitability Comparison

The chart below illustrates the profitability comparison between Telstra Corporation Limited and Tencent Holdings Limited over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TLGPY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Telstra Corporation Limited reported a gross profit of 3.19B and revenue of 11.43B. Therefore, the gross margin over that period was 27.9%.

TCEHY - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Tencent Holdings Limited reported a gross profit of 106.79B and revenue of 191.69B. Therefore, the gross margin over that period was 55.7%.

TLGPY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Telstra Corporation Limited reported an operating income of 1.82B and revenue of 11.43B, resulting in an operating margin of 15.9%.

TCEHY - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Tencent Holdings Limited reported an operating income of 58.21B and revenue of 191.69B, resulting in an operating margin of 30.4%.

TLGPY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Telstra Corporation Limited reported a net income of 1.10B and revenue of 11.43B, resulting in a net margin of 9.7%.

TCEHY - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Tencent Holdings Limited reported a net income of 57.46B and revenue of 191.69B, resulting in a net margin of 30.0%.