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

GOOGL 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 — GOOGL vs TCEHY

growth of $100 · last 18y
GOOGL +4048.6%TCEHY +4001.4%GOOGL compounded faster
02k4k6kStart $100201120142017202020232026$4,149$4,101
GOOGL TCEHY

GOOGL vs TCEHY: by the numbers

  • GOOGL is the larger company ($4.35T vs $533.13B market cap).
  • TCEHY trades at the lower earnings multiple (16.48 vs 27.44 P/E).
  • GOOGL converts more revenue to profit (37.91% vs 30.60% net margin).
  • GOOGL 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, GOOGL or TCEHY?

Metric tally: GOOGL 9 · TCEHY 6

It depends on what you're optimizing for:

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

Valuation

MetricGOOGLTCEHY
P/E ratio27.4416.48
Forward P/E24.41
P/S ratio10.425.00
P/B ratio9.193.33
PEG ratio0.841.50
EV / EBITDA20.3612.31
FCF yield1.46%4.78%

Profitability

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

Dividends

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

Growth (annualized)

MetricGOOGLTCEHY
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)24.45%-3.77%

Frequently asked

Which is better, GOOGL or TCEHY?
It depends on your goal. value: TCEHY (lower P/E); growth: GOOGL (faster 5Y revenue CAGR); income: TCEHY (higher dividend yield); quality: GOOGL (higher ROIC). Across all compared metrics, GOOGL leads 9 to 6.
Is GOOGL or TCEHY cheaper?
On trailing earnings, TCEHY is cheaper: GOOGL trades at a 27.44 P/E and TCEHY at 16.48.
Which has grown faster, GOOGL or TCEHY?
Over the past five years, GOOGL grew revenue faster — GOOGL at a 16.53% CAGR versus TCEHY at 7.40%.
Does GOOGL or TCEHY pay a bigger dividend?
GOOGL yields 0.24% and TCEHY yields 1.14% based on trailing dividends and the latest price.
Is GOOGL or TCEHY more profitable?
GOOGL runs the higher net margin — GOOGL at 37.91% versus TCEHY at 30.60%.
Which has been the better investment, GOOGL or TCEHY?
Over the past 10-year, GOOGL delivered the higher annualized total return — GOOGL at 25.75% 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.