Tencent Holdings Limited (TCEHY) vs Walmart Inc. (WMT)

TCEHY leads on 11 of 15 compared metrics.

A side-by-side comparison of Tencent Holdings Limited and Walmart Inc. 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 — TCEHY vs WMT

growth of $100 · last 18y
TCEHY +4118.6%WMT +546.9%TCEHY compounded faster
Log scale — wide-divergence pair
101001k10kStart $100201120142017202020232026$4,219$647
TCEHY WMT

TCEHY vs WMT: by the numbers

  • WMT is the larger company ($963.25B vs $533.13B market cap).
  • TCEHY trades at the lower earnings multiple (16.48 vs 42.47 P/E).
  • TCEHY converts more revenue to profit (30.60% vs 3.18% net margin).
  • TCEHY grew revenue faster over the past five years (7.40% vs 5.20% CAGR).
  • TCEHY pays the higher dividend yield (1.14% vs 0.80%).

Which is better, TCEHY or WMT?

Metric tally: TCEHY 11 · WMT 4

It depends on what you're optimizing for:

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

Valuation

MetricTCEHYWMT
P/E ratio16.4842.47
Forward P/E36.88
P/S ratio5.001.33
P/B ratio3.3310.26
PEG ratio1.503.29
EV / EBITDA12.3123.28
FCF yield4.78%1.30%

Profitability

MetricTCEHYWMT
Gross margin55.36%24.98%
Operating margin32.33%4.16%
Net margin30.60%3.18%
ROE20.37%24.44%
ROIC11.71%11.87%

Dividends

MetricTCEHYWMT
Dividend yield1.14%0.80%
Payout ratio19.63%35.22%

Growth (annualized)

MetricTCEHYWMT
Revenue CAGR (5Y)7.40%5.20%
EPS CAGR (5Y)5.91%10.95%
FCF CAGR (5Y)2.70%-9.94%
Total return CAGR (5Y)-3.77%22.41%

Frequently asked

Which is better, TCEHY or WMT?
It depends on your goal. value: TCEHY (lower P/E); growth: TCEHY (faster 5Y revenue CAGR); income: TCEHY (higher dividend yield). Across all compared metrics, TCEHY leads 11 to 4.
Is TCEHY or WMT cheaper?
On trailing earnings, TCEHY is cheaper: TCEHY trades at a 16.48 P/E and WMT at 42.47.
Which has grown faster, TCEHY or WMT?
Over the past five years, TCEHY grew revenue faster — TCEHY at a 7.40% CAGR versus WMT at 5.20%.
Does TCEHY or WMT pay a bigger dividend?
TCEHY yields 1.14% and WMT yields 0.80% based on trailing dividends and the latest price.
Is TCEHY or WMT more profitable?
TCEHY runs the higher net margin — TCEHY at 30.60% versus WMT at 3.18%.
Which has been the better investment, TCEHY or WMT?
Over the past 10-year, WMT delivered the higher annualized total return — TCEHY at 11.18% versus WMT at 19.73%. 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.