Advanced Micro Devices, Inc. (AMD) vs Tencent Holdings Limited (TCEHY)

A side-by-side comparison of Advanced Micro Devices, Inc. and Tencent Holdings Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 10, 2026. Differences are shown without an overall score or investment verdict.

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Different business models: AMD is classified in Technology; TCEHY is classified in Communication Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.

Total returnAMD vs TCEHY

growth of $100 · dividends reinvested · last 10y
AMD +6882.0% (+52.9%/yr)TCEHY +121.6% (+8.3%/yr)AMD compounded faster over this window
Log scale — wide-divergence pair
101001k10kStart $10020182020202220242026$6,982$222
AMD TCEHY

AMD vs TCEHY: by the numbers

  • AMD is the larger company ($841.60B vs $491.57B market cap).
  • TCEHY trades at the lower trailing earnings multiple (14.97 vs 132.34 P/E), one valuation lens rather than an overall verdict.
  • TCEHY converts more revenue to profit (29.83% vs 15.58% net margin).
  • AMD grew revenue faster over the past five years (25.35% vs 6.83% CAGR).
  • TCEHY pays a dividend (1.23% yield), while AMD is a former payer with no current dividend run rate.

Metrics side by side

Valuation

MetricAMDTCEHY
P/E ratio132.3414.97
Forward P/E68.36N/A
P/S ratio20.384.36
P/B ratio12.522.94
EV / EBITDA88.3611.31
FCF yield1.00%5.21%

Profitability

MetricAMDTCEHY
Gross margin53.20%55.66%
Operating margin15.71%32.48%
Net margin15.58%29.83%
ROE9.57%20.11%
ROIC7.58%11.92%

Dividends

MetricAMDTCEHY
Dividend yieldN/A1.23%
Payout ratioN/A18.51%

Growth (annualized)

MetricAMDTCEHY
Revenue CAGR (5Y)25.35%6.83%
EPS CAGR (5Y)4.92%5.91%
FCF CAGR (5Y)27.78%2.93%
Total return CAGR (5Y)36.78%-0.93%

Frequently asked

Which has the lower trailing P/E, AMD or TCEHY?
TCEHY has the lower trailing P/E: AMD trades at 132.34 and TCEHY at 14.97. P/E is one valuation measure and does not by itself establish which business is cheaper.
Which has grown faster, AMD or TCEHY?
Over the past five years, AMD grew revenue faster — AMD at a 25.35% CAGR versus TCEHY at 6.83%.
Does AMD or TCEHY pay a bigger dividend?
TCEHY pays a dividend (1.23% yield), while AMD is a former payer with no current dividend run rate.
Is AMD or TCEHY more profitable?
TCEHY runs the higher net margin — AMD at 15.58% versus TCEHY at 29.83%.
How have AMD and TCEHY total returns compared?
Over the past 10 years, AMD delivered 55.99% and TCEHY delivered 8.51% annualized total return. Past performance doesn't predict future results.

Figures are sourced from reported fundamentals and the latest end-of-day price. This comparison is informational only and is not investment advice. Past performance does not predict future results. See our methodology. Compiled by TGMCharts Research · data verified September 10, 2026.