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).

Compare

Total return — QCOM vs TCEHY

growth of $100 · last 18y
QCOM +453.4%TCEHY +4001.4%TCEHY compounded faster
Log scale — wide-divergence pair
101001k10kStart $100201120142017202020232026$553$4,101
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 7

It 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

MetricQCOMTCEHY
P/E ratio22.7216.48
Forward P/E19.72
P/S ratio5.105.00
P/B ratio8.323.33
PEG ratio3.961.50
EV / EBITDA16.7112.31
FCF yield5.51%4.78%

Profitability

MetricQCOMTCEHY
Gross margin54.80%55.36%
Operating margin25.52%32.33%
Net margin22.31%30.60%
ROE36.38%20.37%
ROIC13.15%11.71%

Dividends

MetricQCOMTCEHY
Dividend yield1.70%1.14%
Payout ratio70.95%19.63%

Growth (annualized)

MetricQCOMTCEHY
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.

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.