Tencent Holdings Limited (TCEHY) vs Walmart Inc. (WMT)
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 July 28, 2026. Differences are shown without an overall score or investment verdict.
Different business models: TCEHY is classified in Communication Services; WMT is classified in Consumer Defensive. Margin, capital intensity, and valuation differences should be interpreted in that sector context.
TCEHY
Tencent Holdings Limited
$57.75Communication ServicesDelayed quote: Jul 28, 2026, 3:59 PM EDT
WMT
Walmart Inc.
$113.10Consumer DefensiveDelayed quote: Jul 28, 2026, 4:00 PM EDT
Total return — TCEHY vs WMT
growth of $100 · dividends reinvested · last 18yTCEHY +4332.9%WMT +869.7%TCEHY compounded faster
TCEHY WMT
TCEHY vs WMT: by the numbers
- •WMT is the larger company ($900.06B vs $520.41B market cap).
- •TCEHY trades at the lower trailing earnings multiple (15.95 vs 39.21 P/E), one valuation lens rather than an overall verdict.
- •TCEHY converts more revenue to profit (30.60% vs 3.13% net margin).
- •TCEHY grew revenue faster over the past five years (7.40% vs 5.20% CAGR).
- •TCEHY pays the higher dividend yield (1.18% vs 0.86%).
Metrics side by side
Valuation
| Metric | TCEHY | WMT |
|---|---|---|
| P/E ratio | 15.95 | 39.21 |
| Forward P/E | N/A | 42.36 |
| P/S ratio | 4.84 | 1.23 |
| P/B ratio | 3.22 | 9.48 |
| PEG ratio | 1.50 | 3.29 |
| EV / EBITDA | 12.64 | 21.35 |
| FCF yield | 6.12% | 1.40% |
Profitability
| Metric | TCEHY | WMT |
|---|---|---|
| Gross margin | 55.36% | 24.98% |
| Operating margin | 32.33% | 4.16% |
| Net margin | 30.60% | 3.13% |
| ROE | 20.37% | 24.10% |
| ROIC | 11.71% | 11.87% |
Dividends
| Metric | TCEHY | WMT |
|---|---|---|
| Dividend yield | 1.18% | 0.86% |
| Payout ratio | 19.63% | 35.22% |
Growth (annualized)
| Metric | TCEHY | WMT |
|---|---|---|
| Revenue CAGR (5Y) | 7.40% | 5.20% |
| EPS CAGR (5Y) | 5.91% | 10.95% |
| FCF CAGR (5Y) | 6.82% | -9.94% |
| Total return CAGR (5Y) | 0.92% | 20.16% |
Frequently asked
- Which has the lower trailing P/E, TCEHY or WMT?
- TCEHY has the lower trailing P/E: TCEHY trades at 15.95 and WMT at 39.21. P/E is one valuation measure and does not by itself establish which business is cheaper.
- 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 1.18% and WMT yields 0.86% 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 3.13%.
- How have TCEHY and WMT total returns compared?
- Over the past 10 years, TCEHY delivered 9.92% and WMT delivered 18.43% annualized total return. Past performance doesn't predict future results.
Go deeper
Dig into the metrics
Tencent P/E ratioWalmart P/E ratioTencent dividend yieldWalmart dividend yieldTencent ROEWalmart ROETencent operating marginWalmart operating marginTencent revenue growthWalmart revenue growthTencent free cash flowWalmart free cash flow
Tencent & Walmart appear in these rankings
25+ Year Dividend GrowersHighest Operating Margin StocksHighest FCF Yield StocksHighest 10-Year Total Return Stocks
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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 July 28, 2026.