Tencent EV/Sales
What is the EV/Sales of Tencent?
The EV/Sales of Tencent Holdings Limited is 4.60
What is the definition of EV/Sales?
Enterprise value to sales ratio compares a company’s total value to its sales.
ttm (trailing twelve months)
Enterprise value/sales is a valuation ratio that compares the company's enterprise value to its annual sales. It indicates the company's capacity to generate free cash flow. In general, the lower the ratio, the cheaper the company is.
EV/Sales is most often calculated as cash and cash equivalents subtracted from the sum of market capitalization and debt and divided by annual sales. Many analysts consider EV/sales to be a more accurate metric than Price/Sales as it considers both debt and equity holders in its calculation. One of the limitations of the calculation is that sales do not take into account a company's taxes or expenses.
EV/Sales of companies in the Technology sector on HKSE compared to Tencent
What does Tencent do?
Tencent Holdings Limited, an investment holding company, provides value-added services (VAS) and Online advertising services in Mainland China and internationally. The company operates through VAS, Online Advertising, FinTech and Business Services, and Others segments. It offers online games and social network services; FinTech and cloud services, and online advertising services. The company is also involved in the production, investment, and distribution of films and television programs for third parties, as well as copyrights licensing, merchandise sales, and other activities. n addition, it develops software; develops and operates online games; and provides information technology, information system integration, asset management, online literature, and online music entertainment services. Tencent Holdings Limited company was founded in 1998 and is headquartered in Shenzhen, the People's Republic of China.
Companies with ev/sales similar to Tencent
- Platinum Investment Management has EV/Sales of 4.59
- Neuren Pharmaceuticals has EV/Sales of 4.60
- Svenska Cellulosa Aktiebolaget SCA (publ) has EV/Sales of 4.60
- Allkem has EV/Sales of 4.60
- Solvac S.A has EV/Sales of 4.60
- Quartix plc has EV/Sales of 4.60
- Tencent has EV/Sales of 4.60
- Harbor Custom Development has EV/Sales of 4.61
- PNM Resources Inc has EV/Sales of 4.61
- Eureka has EV/Sales of 4.61
- Neogen has EV/Sales of 4.61
- Meta Platforms Inc has EV/Sales of 4.61
- Jervois Mining has EV/Sales of 4.62