Professional
Added to YB: 2024-06-26
Pitch date: 2024-06-19
TCEHY [bullish]
Tencent Holdings Limited
+16.89%
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 3.6T
Pitch Price
HKD 48.61
Price Target
90.00 (+58%)
Dividend
1.15%
EV/EBITDA
11.68
P/E
N/A
EV/Sales
4.74
Sector
Interactive Media and Services
Category
growth
Tencent Holdings Limited: Huawei's Potential Fee Shakeup Could Be a Win for Game Developers
TCEHY: $90 PT. Gaming leader (40% op income) w/ potential 20% app store fee. WeChat (1.2B+ users) untapped ad value. Fintech/cloud growth. Wide moat: network effects, intangibles, cost adv. 15% 5yr rev CAGR, 17% earnings CAGR. Risks: regulation, competition. Exemplary capital allocation. Sound balance sheet, strong investments.
Read full article (12 min)