Tencent Holdings

Tencent Holdings will see revenue grow by 14%

kapirey

Invested

Community Contributor

Published

07 Jan 25

Updated

14 Aug 25

Views

467

n/a

kapirey's Fair Value

n/a

48.7%

-0.3%

48.7%

-0.3%

You can edit this narrative until Aug 14 10:35 AM. Then, changes will post as Updates.

Author's Valuation

HK$813.6525.9% undervalued

kapirey's Fair Value

Narrative

Updates3

Shared on 14 Aug 25

Fair value Decreased 2.85%

adjust profit margin and revenue with new data

Shared on 26 Jul 25

Fair value Increased 53%

Financial Highlights (Q1 2025 vs Q1 2024) Total Revenue : RMB 180.0B (+13% YoY) Gross Profit : RMB 100.5B (+20% YoY) Non-IFRS Operating Profit : RMB 69.3B (+18% YoY) Net Profit (Non-IFRS) : RMB 61.3B (+22% YoY) Operating Margin : 38.5% (up from 36.8%) Segment Performance Value-Added Services (RMB 92.1B, +17% YoY) Domestic Games : +24% YoY, driven by Honor of Kings, Peacekeeper Elite, and new titles like DnF Mobile and Delta Force. International Games : +23% YoY, led by Brawl Stars, Clash Royale, and PUBG Mobile.

Shared on 08 Mar 25

Fair value Increased 5.91%

kapirey has decreased discount rate from 10.0% to 9.0%.

kapirey'sFair Value

HK$813.65

25.9% undervalued

Future estimation in

Growth p.a.

Decrease

Increase

Current revenue growth rate

9.15%

Interactive Media and Services revenue growth rate

0.47%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

8.69%

Calculation

CN¥331.99b

Earnings '28

25.00x

PE Ratio '28

CN¥8.30t

Market Cap '28

CN¥8.30t

Market Cap '28

8.62b

No. shares '28

CN¥962.65

Share Price '28

CN¥962.65 Share Price '28

Discounted to 2025 @ 9.00% p.a.

CN¥743.34

Fair Value '25

CN¥743.34 Fair Value '25

Converted to HKD @ 1.0946 CNY/HKD Exchange Rate

HK$813.65

Fair Value '25