Netflix, Inc. (NFLX) vs Tencent Holdings Limited (TCEHY)
NFLX leads on 8 of 15 compared metrics, though TCEHY is the cheaper stock.
A side-by-side comparison of Netflix, 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).
NFLX
Netflix, Inc.
$80.34Communication Services
TCEHY
Tencent Holdings Limited
$59.06Communication Services
Total return — NFLX vs TCEHY
growth of $100 · last 18yNFLX +23974.8%TCEHY +4001.4%NFLX compounded faster
Log scale — wide-divergence pair
NFLX TCEHY
NFLX vs TCEHY: by the numbers
- •TCEHY is the larger company ($533.13B vs $338.30B market cap).
- •TCEHY trades at the lower earnings multiple (16.48 vs 25.92 P/E).
- •TCEHY converts more revenue to profit (30.60% vs 28.52% net margin).
- •NFLX grew revenue faster over the past five years (12.18% vs 7.40% CAGR).
- •TCEHY pays a dividend (1.14% yield) while NFLX does not currently pay one.
Which is better, NFLX or TCEHY?
Metric tally: NFLX 8 · TCEHY 7It depends on what you're optimizing for:
ValueTCEHY(lower P/E)
GrowthNFLX(faster 5Y revenue CAGR)
QualityNFLX(higher ROIC)
Valuation
| Metric | NFLX | TCEHY |
|---|---|---|
| P/E ratio | 25.92 | 16.48● |
| Forward P/E | 20.96 | — |
| P/S ratio | 7.36 | 5.00● |
| P/B ratio | 11.09 | 3.33● |
| PEG ratio | 1.33● | 1.50 |
| EV / EBITDA | 10.28● | 12.31 |
| FCF yield | 3.44% | 4.78%● |
Profitability
| Metric | NFLX | TCEHY |
|---|---|---|
| Gross margin | 49.03% | 55.36%● |
| Operating margin | 29.72% | 32.33%● |
| Net margin | 28.52% | 30.60%● |
| ROE | 42.97%● | 20.37% |
| ROIC | 25.22%● | 11.71% |
Dividends
| Metric | NFLX | TCEHY |
|---|---|---|
| Dividend yield | — | 1.14% |
| Payout ratio | — | 19.63% |
Growth (annualized)
| Metric | NFLX | TCEHY |
|---|---|---|
| Revenue CAGR (5Y) | 12.18%● | 7.40% |
| EPS CAGR (5Y) | 32.58%● | 5.91% |
| FCF CAGR (5Y) | 37.02%● | 2.70% |
| Total return CAGR (5Y) | 10.44%● | -3.77% |
Frequently asked
- Which is better, NFLX or TCEHY?
- It depends on your goal. value: TCEHY (lower P/E); growth: NFLX (faster 5Y revenue CAGR); quality: NFLX (higher ROIC). Across all compared metrics, NFLX leads 8 to 7.
- Is NFLX or TCEHY cheaper?
- On trailing earnings, TCEHY is cheaper: NFLX trades at a 25.92 P/E and TCEHY at 16.48.
- Which has grown faster, NFLX or TCEHY?
- Over the past five years, NFLX grew revenue faster — NFLX at a 12.18% CAGR versus TCEHY at 7.40%.
- Does NFLX or TCEHY pay a bigger dividend?
- TCEHY pays a dividend (1.14% yield) while NFLX does not currently pay one.
- Is NFLX or TCEHY more profitable?
- TCEHY runs the higher net margin — NFLX at 28.52% versus TCEHY at 30.60%.
- Which has been the better investment, NFLX or TCEHY?
- Over the past 10-year, NFLX delivered the higher annualized total return — NFLX at 23.95% versus TCEHY at 11.18%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Netflix P/E ratioTencent P/E ratioNetflix dividend yieldTencent dividend yieldNetflix ROETencent ROENetflix operating marginTencent operating marginNetflix revenue growthTencent revenue growthNetflix free cash flowTencent free cash flow
Netflix & 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 June 13, 2026.