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Tencent Holdings Ltd 00700 Stock Quote

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XHKG: 00700

Last close prices updated as of Mar 30, 2023, 4:08 PM HKT | HKD
  • Last Close 384.8
  • Sector Communication Services
  • Industry Internet Content & Information
  • Investment Style Large Blend
  • Day Range 380.20  –  389.80
  • Year Range 188.69  –  411.00
  • Market Cap 3.6841 Tril
  • Volume / Avg 25.2 Mil /  26.6 Mil
  • Price / Sales 5.89
  • Price / Book 4.26
  • Forward Div Yield 0.62%
  • Trailing Div Yield 0.12%

Morningstar‘s Stock Analysis 00700

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Is it the right time to buy or sell?
Is it the right time to buy or sell?

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Economic Moat


Capital Allocation


As Tencent Reignites Growth Engines, Rapid Recovery in Sight; HKD 704 FVE Kept, Shares Undervalued

Ivan Su Senior Equity Analyst

Analyst Note

| Ivan Su |

We maintain our HKD 704 fair value estimate of wide-moat Tencent following its earnings report for the fourth quarter of 2022. While the results were in line with Refinitiv consensus expectations, management's comments during the earnings call suggest the firm is now pivoting from cost-cutting to fostering growth. With Tencent reigniting growth engines, we fine-tune our near-term forecasts for the firm but keep longer-term assumptions unchanged. We continue to view Tencent shares as undervalued, trading at a 50% discount to our fair value estimate. We believe that the market underestimates the longer-term revenue contribution from video accounts and the potential for margin expansion as Tencent cements a more efficient cost structure.

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Key Statistics 00700

Company Profile 00700

Business Description

Tencent is arguably the most influential internet firm in China as one can hardly go by a day without using its products. Tencent is the world's largest video game vendor and owns the world's top-grossing mobile game--Honor of Kings. Tencent also runs China's largest social media super app--WeChat. The app is now part of the fabric of life for Chinese people who use it to chat, shop, watch videos, play games, order food and taxis, and more. Equally as impressive as its own portfolio, Tencent is also among the world's largest venture capital and investment corporations. The firm is now one of the largest shareholders in leading tech companies like Meituan, JD, DiDi, Snap, PDD, Kuaishou, Epic Games, and more.

No. 33 Haitian 2nd Road, Tencent Binhai Towers, Nanshan District
Shenzhen, 518054, CHN
Industry Internet Content & Information
Employees 108,436

Related Articles 00700

FAQs for Tencent Holdings Ltd Stock

Yes. 00700 has a forward dividend yield of 0.01%. See 00700’s full dividends and stock split history on the Dividend tab.
Dividend yield allows investors, particularly those interested in dividend-paying stocks, to compare the relationship between a stock’s price and how it rewards stockholders through dividends. The formula for calculating dividend yield is to divide the annual dividend paid per share by the stock price.

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00700’s market cap is 3.68 Tril.
Market capitalization is calculated by taking a company’s share price and multiplying it by the total number of shares. It’s often used to measure a company’s size. In the Morningstar Style Box, large-cap names account for the largest 70% of U.S. stocks, mid-cap names account for the largest 70–90%, and small-cap names are the remaining 10% of companies.

Learn more about market capitalization.

00700’s stock style is Large Core.
Style is an investment factor that has a meaningful impact on investment risk and returns. Style is calculated by combining value and growth scores, which are first individually calculated.

High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks. These are established companies that reliably pay dividends.

Learn more about style.

00700’s price/sales is 5.63.
Price/sales represents the amount an investor is willing to pay for a dollar generated from a particular company’s sales or revenues.

00700’s price/forward earnings is 17.67.
Forward P/E gives some indication of how cheap or expensive a stock is compared with consensus earnings estimates. The lower the Forward P/E, the cheaper the stock.

00700’s price/book is 4.43.
Price/book ratio can tell investors approximately how much they’re paying for a company’s assets, based on historical, rather than current, valuations. Historical valuations generally do not reflect a company’s current market value. Value investors frequently look for companies that have low price/book ratios.

See 00700’s valuation ratios compared to the Market Index.

00700’s beta can be found in Trading Information at the top of this page.
A stock’s beta measures how closely tied its price movements have been to the performance of the overall market.

Compare 00700’s historical performance against its industry peers and the overall market.