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Professional

[ANALYST] Ivan Su

Added to YB: 2024-12-27

Pitch date: 2024-12-19

TCEHY [bullish]

Tencent Holdings Limited

+42.37%

current return

Author Info

No bio for this author

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 54.19

Price Target

90.00 (+16%)

Dividend

0.73%

EV/EBITDA

17.71

P/E

23.99

EV/Sales

7.05

Sector

Interactive Media and Services

Category

growth

Show full summary:
Tencent Holdings Limited Leverages Unrivaled Network Effects to Fuel Growth on Multiple Fronts

TCEHY: Dominant in gaming, social media, payments. WeChat's network effect drives growth in ads, fintech, cloud. 60% op income from games. Untapped WeChat ad potential. Bulls: early monetization stages, daily life integration. Bears: regulatory risks, tech shifts. Wide moat from network effects. FVE $90. High uncertainty rating.

Read full article (8 min)