GOOGL
Alphabet Inc.
GOOGL has the edge over TME overall, supported by stronger modeled upside and lower modeled downside.
TME
Tencent Music Entertainment Group
TME's outlook is improving, though it still trails on the overall score.
GOOGL Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Strong | |
| Under pressure | |
| Healthy |
GOOGL's revenue, profitability and balance sheet are currently healthy, but its cash flow is under pressure.
TME Fundamentals
| Metric | Status |
|---|---|
| Stable | |
| Strong | |
| Strong | |
| Strong |
TME's profitability, cash flow and balance sheet are currently strong, and its revenue is stable.
GOOGL PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 16x | $299 | — |
| Cheap | 20x | $378 | +27% |
| Forward | 22x | $299 | — |
| Fair | 26x | $497 | +66% |
| Expensive | 31x | $586 | +96% |
Historical ranges are pointers, not guarantees.
GOOGL has the edge over TME in the historical PE scenario, which offers more potential upside but is not a forecast.
TME PE Valuation
| Level | PE | Price | Vs current |
|---|---|---|---|
| Current | 11x | $9.02 | — |
| Cheap | 12x | $9.60 | +6.4% |
| Fair | 32x | $26.45 | +193% |
| Expensive | 52x | $43.01 | +377% |
Historical ranges are pointers, not guarantees.
TME's PE is 11x, but its earnings don't support one, so it isn't a reliable read right now.
GOOGL Forward outlook
| Metric | Outlook |
|---|---|
| Strongly deteriorating | |
| Strong growth | |
| Strong growth | |
| Weakening | |
| Moderate | |
| Moderate |
Analysts expect strong earnings and revenue growth for GOOGL, but weaker profitability.
TME Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Growth | |
| Growth | |
| Stable | |
| Limited | |
| Moderate |
TME has the edge over GOOGL on the outlook, with more favorable profitability expectations.
GOOGL Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Forward | $13.89 | -28% |
| Q3 2026 | $19.16 | +89% |
| Q2 2026 | $19.91 | +112% |
| Q1 2026 | $13.11 | +46% |
| Q4 2025 | $10.81 | +34% |
| Q3 2025 | $10.13 | +34% |
| Q2 2025 | $9.38 | +35% |
| Q1 2025 | $8.96 | +37% |
| Q4 2024 | $8.04 | +39% |
GOOGL's earnings per share have climbed steadily: $19.16 over the past year, up 89% from the year before, and higher year over year for 13 quarters in a row. Its recent earnings include one-off gains.
TME Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q2 2026 | $0.83 | -16% |
| Q1 2026 | $0.82 | -11% |
| Q4 2025 | $1.04 | +63% |
| Q3 2025 | $1.05 | +81% |
| Q2 2025 | $0.99 | +83% |
| Q1 2025 | $0.92 | +84% |
| Q4 2024 | $0.64 | +36% |
| Q3 2024 | $0.58 | +29% |
TME earned $0.83 per share over the past year, down 16% from the year before. Its recent earnings include one-off gains.
GOOGL Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $127.6B | +25% |
| Q2 2026 | $119.8B | +24% |
| Q1 2026 | $109.9B | +22% |
| Q4 2025 | $113.8B | +18% |
| Q3 2025 | $102.3B | +16% |
| Q2 2025 | $96.4B | +14% |
| Q1 2025 | $90.2B | +12% |
| Q4 2024 | $96.5B | +12% |
GOOGL has the edge over TME on sales, with stronger typical year-over-year growth.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | 32% | +1.3 points |
| Q2 2026 | 34% | +1.6 points |
| Q1 2026 | 36% | +2.2 points |
| Q4 2025 | 32% | -0.5 points |
| Q3 2025 | 31% | -1.8 points |
| Q2 2025 | 32% | +0.1 points |
| Q1 2025 | 34% | +2.3 points |
| Q4 2024 | 32% | +4.6 points |
GOOGL's operating margin was 32% last quarter, up 1.3 points from the same quarter a year ago.
TME Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q2 2026 | $1.3B | +5.8% |
| Q1 2026 | $1.2B | +6.7% |
| Q4 2025 | $1.2B | +3.8% |
| Q3 2025 | $1.3B | +21% |
| Q2 2025 | $1.3B | +18% |
| Q1 2025 | $1.1B | +8.7% |
| Q4 2024 | $1.1B | +8.2% |
| Q3 2024 | $1.1B | +6.8% |
TME's revenue has grown year over year for eight quarters in a row: $1.3B last quarter, up 5.8% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q2 2026 | 34% | -1.3 points |
| Q1 2026 | 30% | -36 points |
| Q4 2025 | 34% | +1.5 points |
| Q3 2025 | 32% | +1.5 points |
| Q2 2025 | 35% | +4.6 points |
| Q1 2025 | 66% | +37 points |
| Q4 2024 | 32% | +7.4 points |
| Q3 2024 | 31% | +8.9 points |
TME has the edge over GOOGL on profitability, with a higher operating margin.
GOOGL Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$9.1B | -137% |
| Q2 2026 | -$5.9B | -210% |
| Q1 2026 | $10.1B | -47% |
| Q4 2025 | $24.6B | -1.2% |
| Q3 2025 | $24.5B | +39% |
| Q2 2025 | $5.3B | -61% |
| Q1 2025 | $19B | +13% |
| Q4 2024 | $24.8B | +215% |
GOOGL usually generates cash, though not every quarter: the latest was −$9.1B, but it generated $19.7B over the past year.
TME Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q2 2026 | $429.8M | +75% |
| Q1 2026 | $350M | -7.4% |
| Q4 2025 | $0 | -100% |
| Q3 2025 | $552.7M | +70% |
| Q2 2025 | $245.8M | -44% |
| Q1 2025 | $378M | -6.2% |
| Q4 2024 | $324.3M | +19% |
| Q3 2024 | $324.9M | +50% |
TME has the edge over GOOGL on cash flow, with more consistent year-over-year improvement.
GOOGL Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.5% | +59M shares |
| 1 year | +1.4% | +165M shares |
| 3 years | -1.2% | -148M shares |
| 5 years | -6.8% | -907M shares |
| Available history | -10% | -1.4B shares |
GOOGL has 12.4B diluted shares, up 1.4% from a year ago.
| Quarter | Spent |
|---|---|
| Q3 2026 | — |
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $5.5B |
| Q3 2025 | $11.5B |
| Q2 2025 | $13.6B |
| Q1 2025 | $15.1B |
| Q4 2024 | $15.6B |
GOOGL spent $5.5B buying back its own shares over the past year, down 90% from the year before.
TME Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | 0% | -- |
| 1 year | +0.3% | +4.2M shares |
| 3 years | -1.8% | -28.7M shares |
| 5 years | -7.8% | -132M shares |
| Available history | -6.6% | -110M shares |
TME has the edge over GOOGL on shareholder dilution, with a more favorable share count trend.
| Quarter | Spent |
|---|---|
| Q2 2026 | — |
| Q1 2026 | — |
| Q4 2025 | $97.8M |
| Q3 2025 | — |
| Q2 2025 | — |
| Q1 2025 | — |
| Q4 2024 | $321.5M |
| Q3 2024 | — |
TME spent $98M buying back its own shares over the past year, down 70% from the year before.
GOOGL Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 0.4x | Very low |
| Q2 2026 | 0.3x | Very low |
| Q1 2026 | 0.3x | Very low |
| Q4 2025 | 0.1x | Very low |
| Q3 2025 | 0.0x | Very low |
| Q2 2025 | 0.1x | Very low |
| Q1 2025 | -0.1x | Net Cash |
| Q4 2024 | -0.1x | Net Cash |
GOOGL's net debt is less than a year of its operating earnings (EBITDA).
TME Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q2 2026 | -0.5x | Net Cash |
| Q1 2026 | -0.9x | Net Cash |
| Q4 2025 | -0.3x | Net Cash |
| Q3 2025 | -0.7x | Net Cash |
| Q2 2025 | -0.5x | Net Cash |
| Q1 2025 | -0.7x | Net Cash |
| Q4 2024 | -0.9x | Net Cash |
| Q3 2024 | -0.6x | Net Cash |
TME has the edge over GOOGL on leverage, with a lower net debt burden relative to earnings.
GOOGL Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 40.2 | Neutral |
| Stochastic | 11.7 | Oversold |
GOOGL's weekly RSI is 40 (neutral) and its Stochastic is 12 (oversold).
TME Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 47.0 | Neutral |
| Stochastic | 58.8 | Neutral |
TME's weekly RSI is 47 (neutral) and its Stochastic is 59 (neutral).
GOOGL PE vs Communication Services Sector
| Metric | GOOGL | Sector median | Relative |
|---|---|---|---|
| PE | 16x | 16x | 6% below |
| PE % | 1 | 26 | 25 pts below |
GOOGL is trading at 16x earnings, in line with the Communication Services sector's median of 16x, though its recent earnings include one-off gains.
TME PE vs Communication Services Sector
| Metric | TME | Sector median | Relative |
|---|---|---|---|
| PE | 11x | 16x | 34% below |
| PE % | 12 | 26 | 14 pts below |
TME has the edge over GOOGL on valuation relative to its sector.
GOOGL Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $320.4 | 6.8% below |
| 20 week MA | $336.1 | 11% below |
| 50 week MA | $334.5 | 11% below |
| 100 week MA | $267.8 | 12% above |
| 200 week MA | $204.7 | 46% above |
GOOGL has pulled back, but its long-term trend is still up: it's below its 8-, 20- and 50-week averages, but 46% above its 200-week average.
TME Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $8.58 | 5.1% above |
| 20 week MA | $8.67 | 4% above |
| 50 week MA | $11.2 | 19% below |
| 100 week MA | $14.4 | 37% below |
| 200 week MA | $12.0 | 25% below |
TME has bounced recently, but its long-term trend is still down: it's above its 8- and 20-week averages, but 25% below its 200-week average.
GOOGL Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $67.7 | $86.7 | +28% |
| 2021 | $86.7 | $146.9 | +69% |
| 2022 | $146.9 | $89.2 | -39% |
| 2023 | $89.2 | $139.7 | +57% |
| 2024 | $139.7 | $192.8 | +38% |
| 2025 | $192.8 | $313.5 | +63% |
| 2026 YTD | $313.5 | $298.7 | -4.7% |
GOOGL has the edge over TME on returns for 2026, with the stronger performance.
TME Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $11.9 | $18.9 | +58% |
| 2021 | $18.9 | $6.50 | -66% |
| 2022 | $6.50 | $8.06 | +24% |
| 2023 | $8.06 | $9.01 | +12% |
| 2024 | $9.01 | $11.7 | +30% |
| 2025 | $11.7 | $17.6 | +50% |
| 2026 YTD | $17.6 | $9.02 | -49% |
TME is down 49% so far in 2026, after finishing higher in five of the previous six years.