Tencent HoldingsTCEHY +2.42%83 FCF Margin % is 51.59% as of Mar. 2026, which is 107% above its 10-year median of 24.96. GuruFocus rates TCEHY with a GF Score™ of 83/100 and a GF Value™ of $65.01 (Modestly Undervalued). Among 551 Interactive Media companies, Tencent Holdings ranks better than 94.74% on this metric.
The historical rank and industry rank for Tencent Holdings's FCF Margin % or its related term are showing as below:
TCEHY'
s FCF Margin % Range Over the Past 10 Years
Min: 17.17 Med: 24.96 Max: 42.69
Current: 42.69
During the past 13 years, the highest FCF Margin % of Tencent Holdings was 42.69%. The lowest was 17.17%. And the median was 24.96%.
TCEHY's FCF Margin % is ranked better than 94.74% of 551
companies
in the Interactive Media industry
Industry Median: 3.96
vs TCEHY: 42.69
Tencent Holdings FCF Margin % Related Terms
Tencent Holdings FCF Margin % Historical Data
* Premium members only.
The historical data trend for Tencent Holdings's FCF Margin % 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.
TCEHY vs GOOGL, META, SPOT: FCF Margin % Comparison
For the Internet Content & Information subindustry, Tencent Holdings's FCF Margin %, along with its competitors' market caps and FCF Margin % 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 FCF Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Tencent Holdings's FCF Margin % distribution charts can be found below:
* The bar in red indicates where Tencent Holdings's FCF Margin % falls into.
* 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 (TCEHY) has a FCF Margin % of 51.59% as of Mar. 2026. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tencent Holdings and its competitors. This is 107% above median its historical median of 24.96. Over the past decade, Tencent Holdings' FCF Margin % has ranged from 17.17 to 42.69. According to the industry distribution chart, Tencent Holdings ranks #29 out of 551 companies in the Interactive Media industry, placing it in the top 5.3%.
Is Tencent Holdings' FCF Margin % too high?
Tencent Holdings' current FCF Margin % of 51.59% is 107% above median its 10-year median of 24.96. Over the past 10 years, this metric has ranged from a low of 17.17 to a high of 42.69. The Interactive Media industry median FCF Margin % is 3.96. Tencent Holdings' value of 51.59% is 1202.8% above this industry median. Based on the distribution chart, Tencent Holdings ranks #29 out of 551 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Tencent Holdings has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Holdings' FCF Margin % compare to GOOGL and META?
According to the Interactive Media industry distribution chart, Tencent Holdings ranks #29 out of 551 companies for FCF Margin %. This places Tencent Holdings in the top 5% of its industry — outperforming the majority of peers. The industry median FCF Margin % is 3.96. Tencent Holdings' value of 51.59% is 1202.8% above this benchmark. Historically, Tencent Holdings' own FCF Margin % has ranged from 17.17 to 42.69 over the past decade. While the company's 10-year median is 24.96 vs. the industry median of 3.96, 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 FCF Margin % for an Interactive Media company?
The median FCF Margin % among Interactive Media companies is 3.96, based on 551 companies in the industry. Companies in the top quartile (top 25%) have a FCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, FCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tencent Holdings's current FCF Margin % of 51.59% is 1202.8% 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 FCF Margin % mean?
A high FCF Margin % can signal that a stock is expensive relative to its fundamentals. Free cash flow margin is the ratio of total free cash flow to net sales. View historical data on Tencent Holdings and its competitors. For the Interactive Media industry, the median FCF Margin % is 3.96 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tencent Holdings's current FCF Margin % is 51.59%, which is 107% above median its own 10-year median of 24.96. 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 (TCEHY) is currently considered Modestly Undervalued. The stock's GF Value™ is $65.01, compared to a current price of $54.92 — trading 15.5% below its estimated fair value. The current FCF Margin % is 51.59%, which is 107% above median its 10-year median of 24.96 and 1202.8% above the Interactive Media industry median of 3.96. Tencent Holdings' overall GF Score™ is 83/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is FCF Margin % calculated?
FCF Margin % is calculated from a company's financial statements. For Tencent Holdings (TCEHY), the current FCF Margin % is 51.59% as of Mar. 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 (TCEHY) Overvalued in 2026?
Based on GuruFocus' analysis, Tencent Holdings stock appears to be undervalued.
The current stock price of $54.92 is trading 15.5% below its estimated GF Value™ of $65.01.
GuruFocus considers Tencent Holdings to be Modestly Undervalued.
Key valuation signals for TCEHY:
FCF Margin %: 51.59% (107% above median its 10-year median of 24.96)
GF Value™: $65.01 vs. price of $54.92 (15.5% below fair value)
Industry Position: 1202.8% above the Interactive Media median (#29 of 551)
No single metric tells the full story. See the TCEHY 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.
83GF Score
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