Broadcom Inc. (AVGO) vs Tencent Holdings Limited (TCEHY)
A side-by-side comparison of Broadcom 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.
Different business models: AVGO is classified in Technology; TCEHY is classified in Communication Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
AVGO
Broadcom Inc.
$361.99TechnologyDelayed quote: Sep 11, 2026, 4:00 PM EDT
TCEHY
Tencent Holdings Limited
$54.55Communication ServicesDelayed quote: Sep 11, 2026, 4:00 PM EDT
Total return — AVGO vs TCEHY
growth of $100 · dividends reinvested · last 10yAVGO +2552.9% (+38.8%/yr)TCEHY +121.6% (+8.3%/yr)AVGO compounded faster over this window
Log scale — wide-divergence pair
AVGO TCEHY
AVGO vs TCEHY: by the numbers
- •AVGO is the larger company ($1.72T vs $491.57B market cap).
- •TCEHY trades at the lower trailing earnings multiple (14.97 vs 46.23 P/E), one valuation lens rather than an overall verdict.
- •AVGO converts more revenue to profit (42.94% vs 29.83% net margin).
- •AVGO grew revenue faster over the past five years (27.42% vs 6.83% CAGR).
- •TCEHY pays the higher dividend yield (1.23% vs 0.70%).
Metrics side by side
Valuation
| Metric | AVGO | TCEHY |
|---|---|---|
| P/E ratio | 46.23 | 14.97 |
| Forward P/E | 31.17 | N/A |
| P/S ratio | 19.33 | 4.36 |
| P/B ratio | 17.28 | 2.94 |
| EV / EBITDA | 33.95 | 11.31 |
| FCF yield | 2.29% | 5.21% |
Profitability
| Metric | AVGO | TCEHY |
|---|---|---|
| Gross margin | 67.66% | 55.66% |
| Operating margin | 39.89% | 32.48% |
| Net margin | 42.94% | 29.83% |
| ROE | 38.38% | 20.11% |
| ROIC | 23.99% | 11.92% |
Dividends
| Metric | AVGO | TCEHY |
|---|---|---|
| Dividend yield | 0.70% | 1.23% |
| Payout ratio | 32.44% | 18.51% |
Growth (annualized)
| Metric | AVGO | TCEHY |
|---|---|---|
| Revenue CAGR (5Y) | 27.42% | 6.83% |
| EPS CAGR (5Y) | 49.36% | 5.91% |
| FCF CAGR (5Y) | 24.60% | 2.93% |
| Total return CAGR (5Y) | 51.41% | -0.93% |
Frequently asked
- Which has the lower trailing P/E, AVGO or TCEHY?
- TCEHY has the lower trailing P/E: AVGO trades at 46.23 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, AVGO or TCEHY?
- Over the past five years, AVGO grew revenue faster — AVGO at a 27.42% CAGR versus TCEHY at 6.83%.
- Does AVGO or TCEHY pay a bigger dividend?
- AVGO yields 0.70% and TCEHY yields 1.23% based on trailing dividends and the latest price.
- Is AVGO or TCEHY more profitable?
- AVGO runs the higher net margin — AVGO at 42.94% versus TCEHY at 29.83%.
- How have AVGO and TCEHY total returns compared?
- Over the past 10 years, AVGO delivered 39.97% and TCEHY delivered 8.51% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Broadcom P/E ratioTencent P/E ratioBroadcom dividend yieldTencent dividend yieldBroadcom ROETencent ROEBroadcom operating marginTencent operating marginBroadcom revenue growthTencent revenue growthBroadcom free cash flowTencent free cash flow
Broadcom & Tencent appear in these rankings
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.