Added to YB: 2024-01-31
Pitch date: 2024-01-30
TCEHY [bullish]
Tencent Holdings Limited
+69.69%
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 3.4T
Pitch Price
HKD 266.01
Price Target
48.16 (-89%)
Dividend
1.20%
EV/EBITDA
11.21
P/E
14.86
EV/Sales
4.43
Sector
Interactive Media and Services
Category
value
Tencent: It's A Bargain!
$TCEHY: Resilient Q1 despite China bear mkt - rev +10.4% YoY, FCF +85%. Fintech & Biz margins up. 1.3B WeChat users = moat. Reg pressure & macro a risk, but 18.5% 5yr ROIC shows durability. At HK$282, trades 38% below HK$453 intrinsic value. Fundamentals suggest accumulating.
Read full article (8 min)