Added to YB: 2023-12-26
Pitch date: 2023-12-24
TCEHY [bullish]
Tencent Holdings Limited
+122.09%
current return
Author Info
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Company Info
Tencent Holdings Limited, an investment holding company, provides value-added services, marketing services, fintech, and business services in Mainland China and internationally.
Market Cap
HKD 5.1T
Pitch Price
HKD 277.36
Price Target
N/A
Dividend
0.73%
EV/EBITDA
17.71
P/E
23.99
EV/Sales
7.05
Sector
Interactive Media and Services
Category
value
Gaming regulations led to market overreaction on TCEHY
$TCEHY: Tencent trades at 15x EPS assuming 60% China VG rev hit (.33 EPS impact). Adjusting for $100B cash/investments, it's 10x fwd EPS. Risk is China exposure, but very cheap for video game exposure if you can tolerate it.
Read full article (1 min)