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Tencent holds a prominent position in China's internet sector, with a diverse portfolio of products and services used daily by a significant portion of the population. The company is the world's largest video game publisher and owns Honor of Kings, a top-grossing mobile game globally. Tencent also operates WeChat, China's largest social media super app. WeChat is deeply integrated into the daily lives of Chinese people for communication, entertainment, shopping, and more. Beyond its offerings, Tencent is a significant player in global venture capital and investment. The company holds substantial stakes in leading companies including PDD, Kuaishou, and Epic Games.
1998
110.6K+
LTM Revenue $103B
LTM EBITDA $42.4B
$597B
Benchmark forward-looking revenue and EBITDA valuation multiples across generative AI, climate tech, semiconductors, online marketplaces, vertical SaaS and 220 more verticals.
Tencent has a last 12-month revenue of $103B and a last 12-month EBITDA of $42.4B.
In the most recent fiscal year, Tencent achieved revenue of $84.3B and an EBITDA of $39.6B.
Tencent expects next 12-month revenue of XXX and NTM EBITDA of XXX
See Tencent valuation multiples based on analyst estimates| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Revenue | $103B | XXX | XXX | XXX | XXX |
| Gross Profit | $55.7B | XXX | XXX | XXX | XXX |
| Gross Margin | 54% | XXX | XXX | XXX | XXX |
| EBITDA | $42.4B | XXX | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | XXX | XXX | XXX |
| EBIT | $33.7B | XXX | XXX | XXX | XXX |
| EBIT Margin | 33% | XXX | XXX | XXX | XXX |
| Net Profit | $34.7B | XXX | XXX | XXX | XXX |
| Net Margin | 34% | XXX | XXX | XXX | XXX |
| Net Debt | $26.3B | XXX | XXX | XXX | XXX |
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As of May 30, 2025, Tencent's stock price is HKD 510 (or $65).
Tencent has current market cap of HKD 4.65T (or $593B), and EV of HKD 4.67T (or $597B).
See Tencent trading valuation data| EV | Market Cap | Price 1D | Price 1M | Price 3M | Price 12M | EPS |
|---|---|---|---|---|---|---|
| $597B | $593B | XXX | XXX | XXX | XXX | $3.45 |
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Start Free TrialAs of May 30, 2025, Tencent has market cap of $593B and EV of $597B.
Tencent's trades at 6.3x EV/LTM Revenue multiple, and 15.3x EV/LTM EBITDA.
Equity research analysts estimate Tencent's 2025E EV/Revenue multiple at XXX and 2025E EV/EBITDA multiple at XXX
Tencent has a P/E ratio of 18.6x.
See valuation multiples for Tencent and 10K+ public comps| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Market cap (current) | $593B | XXX | XXX | XXX | XXX |
| EV (current) | $597B | XXX | XXX | XXX | XXX |
| EV/Revenue | 6.3x | XXX | XXX | XXX | XXX |
| EV/EBITDA | 15.3x | XXX | XXX | XXX | XXX |
| EV/EBIT | 19.3x | XXX | XXX | XXX | XXX |
| EV/Gross Profit | 11.7x | XXX | XXX | XXX | XXX |
| P/E | 18.6x | XXX | XXX | XXX | XXX |
| EV/FCF | 25.6x | XXX | XXX | XXX | XXX |
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Access all public comps and forward-looking valuation multiples like EV/Revenue in 2025, based on equity research analyst estimates.
Start Free TrialTencent's last 12 month revenue growth is 11%
Tencent's revenue per employee for the last 12 months averaged $0.8M, while opex per employee averaged $0.2M for the same period.
Tencent's rule of 40 is 49% (metric relevant for SaaS companies only, counted as combined revenue growth rate and EBITDA margin).
Tencent's rule of X is 68% (another metric relevant for SaaS companies only, ~1.5x stronger vs. the traditional Rule of 40, counted as revenue growth rate multiplied by 2.5 plus EBITDA margin).
See operational valuation multiples for Tencent and other 10K+ public comps| LTM | NTM | FY 2025 | FY 2026 | FY 2027 | |
|---|---|---|---|---|---|
| Revenue Growth | 11% | XXX | XXX | XXX | XXX |
| EBITDA Margin | 41% | XXX | XXX | XXX | XXX |
| EBITDA Growth | 14% | XXX | XXX | XXX | XXX |
| Rule of 40 | 49% | XXX | XXX | XXX | XXX |
| Bessemer Rule of X | 68% | XXX | XXX | XXX | XXX |
| Revenue per Employee | $0.8M | XXX | XXX | XXX | XXX |
| Opex per Employee | $0.2M | XXX | XXX | XXX | XXX |
| S&M Expenses to Revenue | 6% | XXX | XXX | XXX | XXX |
| G&A Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| R&D Expenses to Revenue | n/a | XXX | XXX | XXX | XXX |
| Opex to Revenue | 21% | XXX | XXX | XXX | XXX |
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Benchmark public comps and private revenue and EBITDA valuation multiples across GRC software, cloud infrastructure, DevOps, online marketplaces and so much more!
| EV/Revenue | EV/EBITDA | |||||
|---|---|---|---|---|---|---|
| 2025E | 2026E | 2027E | 2025E | 2026E | 2027E | |
| Matrimony.com | XXX | XXX | XXX | XXX | XXX | XXX |
| Traders Club | XXX | XXX | XXX | XXX | XXX | XXX |
| Kuaishou | XXX | XXX | XXX | XXX | XXX | XXX |
| Zhihu | XXX | XXX | XXX | XXX | XXX | XXX |
| XXX | XXX | XXX | XXX | XXX | XXX | |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
| XXXXXXXX | XXX | XXX | XXX | XXX | XXX | XXX |
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Tencent acquired XXX companies to date.
Last acquisition by Tencent was XXXXXXXX, XXXXX XXXXX XXXXXX . Tencent acquired XXXXXXXX for XXX (EV/Revenue multiple of XXX ).
See M&A valuation multiples| Acquired Company | EV | EV/Revenue | EV/EBITDA |
|---|---|---|---|
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
| XXXXXXXXX | XXX | XXX | XXX |
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Start Free Trial| When was Tencent founded? | Tencent was founded in 1998. |
| Where is Tencent headquartered? | Tencent is headquartered in Hong Kong. |
| How many employees does Tencent have? | As of today, Tencent has 110.6K+ employees. |
| Who is the CEO of Tencent? | Tencent's CEO is Mr. Huateng Ma. |
| Is Tencent publicy listed? | Yes, Tencent is a public company listed on HKG. |
| What is the stock symbol of Tencent? | Tencent trades under 00700 ticker. |
| When did Tencent go public? | Tencent went public in 2004. |
| Who are competitors of Tencent? | Similar companies to Tencent include e.g. Matrimony.com, Traders Club, Kuaishou, Zhihu. |
| What is the current market cap of Tencent? | Tencent's current market cap is $593B |
| What is the current revenue of Tencent? | Tencent's last 12 months revenue is $103B. |
| What is the current revenue growth of Tencent? | Tencent revenue growth (NTM/LTM) is 11%. |
| What is the current EV/Revenue multiple of Tencent? | Current revenue multiple of Tencent is 6.3x. |
| Is Tencent profitable? | Yes, Tencent is EBITDA-positive (as of the last 12 months). |
| What is the current EBITDA of Tencent? | Tencent's last 12 months EBITDA is $42.4B. |
| What is Tencent's EBITDA margin? | Tencent's last 12 months EBITDA margin is 41%. |
| What is the current EV/EBITDA multiple of Tencent? | Current EBITDA multiple of Tencent is 15.3x. |
| What is the current FCF of Tencent? | Tencent's last 12 months FCF is $25.3B. |
| What is Tencent's FCF margin? | Tencent's last 12 months FCF margin is 24%. |
| What is the current EV/FCF multiple of Tencent? | Current FCF multiple of Tencent is 25.6x. |
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