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Tencent HoldingsTCTZF -1.60%80 EV-to-EBITDA is 10.78 as of Aug. 06, 2026, which is 41% below its 10-year median of 18.20. GuruFocus rates TCTZF with a GF Score™ of 80/100 and a GF Value™ of $69.21 (Modestly Undervalued). Among 375 Interactive Media companies, Tencent Holdings ranks worse than 64.27% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tencent Holdings's enterprise value is $559,231 Mil.
Tencent Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was $51,883 Mil. Therefore, Tencent Holdings's EV-to-EBITDA for today is 10.78.
The historical rank and industry rank for Tencent Holdings's EV-to-EBITDA or its related term are showing as below:
TCTZF'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 8.08 Med: 18.2 Max: 40.21
Current: 10.78
During the past 13 years, the highest EV-to-EBITDA of Tencent Holdings was 40.21. The lowest was 8.08. And the median was 18.20.
TCTZF's EV-to-EBITDA is ranked worse than 64.27% of 375
companies
in the Interactive Media industry
Industry Median: 7.61
vs TCTZF: 10.78
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Tencent Holdings's PE Ratio (TTM) for today is calculated as:
Tencent Holdings's share price for today is $61.498.
Tencent Holdings's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3.591.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
The historical data trend for Tencent Holdings's EV-to-EBITDA can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TCTZF vs GOOGL, META, SPOT: EV-to-EBITDA Comparison
For the Internet Content & Information subindustry, Tencent Holdings's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Tencent Holdings EV-to-EBITDA vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Tencent Holdings's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tencent Holdings's EV-to-EBITDA falls into.
Tencent Holdings's current Enterprise Value is $559,231 Mil.
Tencent Holdings's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $51,883 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tencent Holdings (TCTZF) has a EV-to-EBITDA of 10.78 as of Aug. 06, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tencent Holdings. This is 41% below median its historical median of 18.20. Over the past decade, Tencent Holdings' EV-to-EBITDA has ranged from 8.08 to 40.21. According to the industry distribution chart, Tencent Holdings ranks #241 out of 375 companies in the Interactive Media industry, placing it in the top 64.3%.
Is Tencent Holdings' EV-to-EBITDA too high?
Tencent Holdings' current EV-to-EBITDA of 10.78 is 41% below median its 10-year median of 18.20. Over the past 10 years, this metric has ranged from a low of 8.08 to a high of 40.21. The Interactive Media industry median EV-to-EBITDA is 7.61. Tencent Holdings' value of 10.78 is 41.7% above this industry median. Based on the distribution chart, Tencent Holdings ranks #241 out of 375 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Tencent Holdings has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Holdings' EV-to-EBITDA compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Tencent Holdings ranks #241 out of 375 companies for EV-to-EBITDA. This places Tencent Holdings in the lower half of its industry. The industry median EV-to-EBITDA is 7.61. Tencent Holdings' value of 10.78 is 41.7% above this benchmark. Historically, Tencent Holdings' own EV-to-EBITDA has ranged from 8.08 to 40.21 over the past decade. While the company's 10-year median is 18.20 vs. the industry median of 7.61, Tencent Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Interactive Media company?
The median EV-to-EBITDA among Interactive Media companies is 7.61, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tencent Holdings's current EV-to-EBITDA of 10.78 is 41.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tencent Holdings. For the Interactive Media industry, the median EV-to-EBITDA is 7.61 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tencent Holdings's current EV-to-EBITDA is 10.78, which is 41% below median its own 10-year median of 18.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Holdings stock overvalued right now?
Based on GuruFocus' analysis, Tencent Holdings (TCTZF) is currently considered Modestly Undervalued. The stock's GF Value™ is $69.21, compared to a current price of $61.50 — trading 11.1% below its estimated fair value. The current EV-to-EBITDA is 10.78, which is 41% below median its 10-year median of 18.20 and 41.7% above the Interactive Media industry median of 7.61. Tencent Holdings' overall GF Score™ is 80/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Tencent Holdings (TCTZF), the current EV-to-EBITDA is 10.78 as of Aug. 06, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tencent Holdings (TCTZF) Overvalued in 2026?
Based on GuruFocus' analysis, Tencent Holdings stock appears to be undervalued.
The current stock price of $61.50 is trading 11.1% below its estimated GF Value™ of $69.21.
GuruFocus considers Tencent Holdings to be Modestly Undervalued.
Key valuation signals for TCTZF:
EV-to-EBITDA: 10.78 (41% below median its 10-year median of 18.20)
GF Value™: $69.21 vs. price of $61.50 (11.1% below fair value)
Industry Position: 41.7% above the Interactive Media median (#241 of 375)
No single metric tells the full story. See the TCTZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tencent is the world's largest game publisher, with top-grossing mobile hits like Honor of Kings and Peacekeeper Elite and a steady pipeline of new titles. It also operates WeChat-China's super-app with roughly 1.3 billion users-embedded in daily life for messaging, short video, mini programs, payments, and shopping. Beyond its own platforms, Tencent is a prolific strategic investor, holding stakes in leading internet companies such as PDD, Kuaishou, and Xiaohongshu.
80GF Score
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