QUALCOMM Incorporated (QCOM) vs Tencent Holdings Limited (TCEHY)
QCOM and TCEHY are evenly matched — 7 metrics each of 14.
A side-by-side comparison of QUALCOMM Incorporated and Tencent Holdings Limited across valuation, profitability, dividends, and growth — built entirely from reported fundamentals, as of June 15, 2026. The ● marks the stronger figure on each row (cheaper multiple, higher margin/return).
QCOM
QUALCOMM Incorporated
$211.72Technology
TCEHY
Tencent Holdings Limited
$59.06Communication Services
Total return — QCOM vs TCEHY
growth of $100 · last 18yQCOM +453.4%TCEHY +4001.4%TCEHY compounded faster
Log scale — wide-divergence pair
QCOM TCEHY
QCOM vs TCEHY: by the numbers
- •TCEHY is the larger company ($533.13B vs $223.15B market cap).
- •TCEHY trades at the lower earnings multiple (16.48 vs 22.72 P/E).
- •TCEHY converts more revenue to profit (30.60% vs 22.31% net margin).
- •QCOM grew revenue faster over the past five years (8.63% vs 7.40% CAGR).
- •QCOM pays the higher dividend yield (1.70% vs 1.14%).
Which is better, QCOM or TCEHY?
Metric tally: QCOM 7 · TCEHY 7It depends on what you're optimizing for:
ValueTCEHY(lower P/E)
GrowthQCOM(faster 5Y revenue CAGR)
IncomeQCOM(higher dividend yield)
QualityQCOM(higher ROIC)
Metrics side by side
Valuation
| Metric | QCOM | TCEHY |
|---|---|---|
| P/E ratio | 22.72 | 16.48● |
| Forward P/E | 19.72 | — |
| P/S ratio | 5.10 | 5.00 |
| P/B ratio | 8.32 | 3.33● |
| PEG ratio | 3.96 | 1.50● |
| EV / EBITDA | 16.71 | 12.31● |
| FCF yield | 5.51%● | 4.78% |
Profitability
| Metric | QCOM | TCEHY |
|---|---|---|
| Gross margin | 54.80% | 55.36% |
| Operating margin | 25.52% | 32.33%● |
| Net margin | 22.31% | 30.60%● |
| ROE | 36.38%● | 20.37% |
| ROIC | 13.15%● | 11.71% |
Dividends
| Metric | QCOM | TCEHY |
|---|---|---|
| Dividend yield | 1.70%● | 1.14% |
| Payout ratio | 70.95% | 19.63% |
Growth (annualized)
| Metric | QCOM | TCEHY |
|---|---|---|
| Revenue CAGR (5Y) | 8.63%● | 7.40% |
| EPS CAGR (5Y) | 5.74% | 5.91%● |
| FCF CAGR (5Y) | 9.39%● | 2.70% |
| Total return CAGR (5Y) | 11.87%● | -3.77% |
Frequently asked
- Which is better, QCOM or TCEHY?
- It depends on your goal. value: TCEHY (lower P/E); growth: QCOM (faster 5Y revenue CAGR); income: QCOM (higher dividend yield); quality: QCOM (higher ROIC). Across all compared metrics, they are evenly matched.
- Is QCOM or TCEHY cheaper?
- On trailing earnings, TCEHY is cheaper: QCOM trades at a 22.72 P/E and TCEHY at 16.48.
- Which has grown faster, QCOM or TCEHY?
- Over the past five years, QCOM grew revenue faster — QCOM at a 8.63% CAGR versus TCEHY at 7.40%.
- Does QCOM or TCEHY pay a bigger dividend?
- QCOM yields 1.70% and TCEHY yields 1.14% based on trailing dividends and the latest price.
- Is QCOM or TCEHY more profitable?
- TCEHY runs the higher net margin — QCOM at 22.31% versus TCEHY at 30.60%.
- Which has been the better investment, QCOM or TCEHY?
- Over the past 10-year, QCOM delivered the higher annualized total return — QCOM at 17.83% versus TCEHY at 11.18%. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
QUALCOMM P/E ratioTencent P/E ratioQUALCOMM dividend yieldTencent dividend yieldQUALCOMM ROETencent ROEQUALCOMM operating marginTencent operating marginQUALCOMM revenue growthTencent revenue growthQUALCOMM free cash flowTencent free cash flow
QUALCOMM & 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 15, 2026.