NVIDIA Corporation (NVDA) vs Tencent Holdings Limited (TCEHY)
A side-by-side comparison of NVIDIA Corporation and Tencent Holdings Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of September 11, 2026. Differences are shown without an overall score or investment verdict.
Different business models: NVDA is classified in Technology; TCEHY is classified in Communication Services. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
NVDA
NVIDIA Corporation
$218.29TechnologyDelayed 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 — NVDA vs TCEHY
growth of $100 · dividends reinvested · last 10yNVDA +14460.2% (+64.6%/yr)TCEHY +121.6% (+8.3%/yr)NVDA compounded faster over this window
Log scale — wide-divergence pair
NVDA TCEHY
NVDA vs TCEHY: by the numbers
- •NVDA is the larger company ($5.29T vs $491.57B market cap).
- •TCEHY trades at the lower trailing earnings multiple (14.97 vs 27.60 P/E), one valuation lens rather than an overall verdict.
- •NVDA converts more revenue to profit (63.66% vs 29.83% net margin).
- •NVDA grew revenue faster over the past five years (69.34% vs 6.83% CAGR).
- •TCEHY pays the higher dividend yield (1.23% vs 0.13%).
Metrics side by side
Valuation
| Metric | NVDA | TCEHY |
|---|---|---|
| P/E ratio | 27.60 | 14.97 |
| Forward P/E | 23.59 | N/A |
| P/S ratio | 17.45 | 4.36 |
| P/B ratio | 23.09 | 2.94 |
| EV / EBITDA | 26.35 | 11.31 |
| FCF yield | 2.40% | 5.21% |
Profitability
| Metric | NVDA | TCEHY |
|---|---|---|
| Gross margin | 74.67% | 55.66% |
| Operating margin | 65.21% | 32.48% |
| Net margin | 63.66% | 29.83% |
| ROE | 84.23% | 20.11% |
| ROIC | 59.61% | 11.92% |
Dividends
| Metric | NVDA | TCEHY |
|---|---|---|
| Dividend yield | 0.13% | 1.23% |
| Payout ratio | 3.54% | 18.51% |
Growth (annualized)
| Metric | NVDA | TCEHY |
|---|---|---|
| Revenue CAGR (5Y) | 69.34% | 6.83% |
| EPS CAGR (5Y) | 94.31% | 5.91% |
| FCF CAGR (5Y) | 82.12% | 2.93% |
| Total return CAGR (5Y) | 57.72% | -0.93% |
Frequently asked
- Which has the lower trailing P/E, NVDA or TCEHY?
- TCEHY has the lower trailing P/E: NVDA trades at 27.60 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, NVDA or TCEHY?
- Over the past five years, NVDA grew revenue faster — NVDA at a 69.34% CAGR versus TCEHY at 6.83%.
- Does NVDA or TCEHY pay a bigger dividend?
- NVDA yields 0.13% and TCEHY yields 1.23% based on trailing dividends and the latest price.
- Is NVDA or TCEHY more profitable?
- NVDA runs the higher net margin — NVDA at 63.66% versus TCEHY at 29.83%.
- How have NVDA and TCEHY total returns compared?
- Over the past 10 years, NVDA delivered 64.96% and TCEHY delivered 8.51% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
NVIDIA P/E ratioTencent P/E ratioNVIDIA dividend yieldTencent dividend yieldNVIDIA ROETencent ROENVIDIA operating marginTencent operating marginNVIDIA revenue growthTencent revenue growthNVIDIA free cash flowTencent free cash flow
NVIDIA & Tencent appear in these rankings
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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 11, 2026.