Alphabet Inc. (GOOG) vs Tencent Holdings Limited (TCEHY)

GOOG leads on 9 of 15 compared metrics, though TCEHY is the cheaper stock.

A side-by-side comparison of Alphabet Inc. and Tencent Holdings Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 13, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).

Total return — GOOG vs TCEHY

growth of $100 · last 18y
GOOG +4050.2%TCEHY +4001.4%GOOG compounded faster
02k4k6kStart $100201120142017202020232026$4,150$4,101
GOOG TCEHY

GOOG vs TCEHY: by the numbers

  • GOOG is the larger company ($4.33T vs $533.13B market cap).
  • TCEHY trades at the lower earnings multiple (16.48 vs 27.32 P/E).
  • GOOG converts more revenue to profit (37.91% vs 30.60% net margin).
  • GOOG grew revenue faster over the past five years (16.53% vs 7.40% CAGR).
  • TCEHY pays the higher dividend yield (1.14% vs 0.24%).

Which is better, GOOG or TCEHY?

Metric tally: GOOG 9 · TCEHY 6

It depends on what you're optimizing for:

ValueTCEHY(lower P/E)
GrowthGOOG(faster 5Y revenue CAGR)
IncomeTCEHY(higher dividend yield)
QualityGOOG(higher ROIC)

Valuation

MetricGOOGTCEHY
P/E ratio27.3216.48
Forward P/E24.34
P/S ratio10.375.00
P/B ratio9.163.33
PEG ratio0.841.50
EV / EBITDA20.2712.31
FCF yield1.47%4.78%

Profitability

MetricGOOGTCEHY
Gross margin60.37%55.36%
Operating margin32.70%32.33%
Net margin37.91%30.60%
ROE33.46%20.37%
ROIC21.82%11.71%

Dividends

MetricGOOGTCEHY
Dividend yield0.24%1.14%
Payout ratio7.79%19.63%

Growth (annualized)

MetricGOOGTCEHY
Revenue CAGR (5Y)16.53%7.40%
EPS CAGR (5Y)29.81%5.91%
FCF CAGR (5Y)4.89%2.70%
Total return CAGR (5Y)23.50%-3.77%

Frequently asked

Which is better, GOOG or TCEHY?
It depends on your goal. value: TCEHY (lower P/E); growth: GOOG (faster 5Y revenue CAGR); income: TCEHY (higher dividend yield); quality: GOOG (higher ROIC). Across all compared metrics, GOOG leads 9 to 6.
Is GOOG or TCEHY cheaper?
On trailing earnings, TCEHY is cheaper: GOOG trades at a 27.32 P/E and TCEHY at 16.48.
Which has grown faster, GOOG or TCEHY?
Over the past five years, GOOG grew revenue faster — GOOG at a 16.53% CAGR versus TCEHY at 7.40%.
Does GOOG or TCEHY pay a bigger dividend?
GOOG yields 0.24% and TCEHY yields 1.14% based on trailing dividends and the latest price.
Is GOOG or TCEHY more profitable?
GOOG runs the higher net margin — GOOG at 37.91% versus TCEHY at 30.60%.
Which has been the better investment, GOOG or TCEHY?
Over the past 10-year, GOOG delivered the higher annualized total return — GOOG at 25.94% versus TCEHY at 11.18%. 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 June 13, 2026.