The company has strong fundamentals. More than 70% of listed companies have a lower mix of growth, profitability, debt and visibility criteria.
Tencent Holdings Limited accounts for 4.75 % of our Asian Portfolio. A trade is currently open since 02/05/2020 with a purchase price of HKD 388.60. Discover the other 19 stocks of the Asian portfolio managed by the MarketScreener portfolio management team.
Analysts expect a sharply increasing business volume for the group, with high growth rates in the coming years.
Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
Thanks to a sound financial situation, the firm has significant leeway for investment.
For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
Analysts have a positive opinion on this stock. Average consensus recommends overweighting or purchasing the stock.
The stock is in a well-established, long-term rising trend above the technical support level at 410.4 HKD
Based on current prices, the company has particularly high valuation levels.
With a 2020 P/E ratio at 40.51 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
The firm pays small or no dividend to shareholders. For that reason, it is not a yield company.