Tencent Holdings Ltd is one conglomerate company in China which has triumphed and dominated so many winners in the past few years that it has become increasingly difficult for investors to buy in and own them simply because they keep on getting better and stronger each year.
In fact, if we look across the past 10 years of making for Tencent, the best time to buy and own the shares is the day the company is making its 52-week high because you know they are just going to beat that record on its own down the road.
The only 2 meaningful times which investors can get in at a reasonable valuation after the huge run-up was back in 2018 due to a regulatory crackdown which they’ve dropped 49% from peak high and then today in 2021 which they’ve dropped about 42% to date.
In this article, we’ll be mainly discussion on the valuation model of the company to see how much they’ve grown over the past few years....