LECO vs TME

Comparison between Lincoln Electric Holdings Inc (LECO, Company) and Tencent Music Entertainment Group (TME, Company).

LECO is from the Industrials sector, while TME is from the Communication Services sector.

5-Year PerformanceLECO has outperformed TME, delivering a return of +16.9% compared to -9.6%

LECO vs TME - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LECO(COMPANY)	TME(COMPANY)
Market Cap	$15B	$15B
Max Drawdown	69.28%	90.19%
Sharpe Ratio	1.53	-0.65
5Y Beta	1.08	0.72
Industry	Tools & Accessories	Internet Content & Information
P/E Ratio	28.06	12.68
Forward P/E	25.51	9.48
PEG Ratio	1.43	0.82
Dividend Yield	1.14%	2.60%
5Y Dividends CAGR	13.88%	N/A
5Y EPS CAGR	16.29%	23.90%
Debt to Equity	86.92%	4.75%
Free Cash Flow Yield	3.84%	4.96%
P/S Ratio	3.46	0.46
P/B Ratio	9.52	1.21

Market Cap

Winner

LECO

$15B

TME

$15B

Max Drawdown

Winner

LECO

69.28%

TME

90.19%

Sharpe Ratio

Winner

LECO

1.53

TME

-0.65

5Y Beta

LECO

1.08

Winner

TME

0.72

Industry

LECO

Tools & Accessories

TME

Internet Content & Information

P/E Ratio

LECO

28.06

Winner

TME

12.68

Forward P/E

LECO

25.51

Winner

TME

9.48

PEG Ratio

LECO

1.43

Winner

TME

0.82

Dividend Yield

LECO

1.14%

Winner

TME

2.60%

5Y Dividends CAGR

LECO

13.88%

TME

N/A

5Y EPS CAGR

LECO

16.29%

Winner

TME

23.90%

Debt to Equity

LECO

86.92%

Winner

TME

4.75%

Free Cash Flow Yield

LECO

3.84%

Winner

TME

4.96%

P/S Ratio

LECO

3.46

Winner

TME

0.46

P/B Ratio

LECO

9.52

Winner

TME

1.21

LECO vs TME - Historical Returns

Returns include dividend reinvestment.

Period	LECO	TME
1 month	+6.57%	-1.60%
3 months	-8.61%	-41.72%
6 months	+20.26%	-55.44%
1 year	+46.75%	-33.27%
5 years(CAGR)	+16.87%	-9.61%
10 years(CAGR)	+18.36%	N/A
Max(CAGR)	+15.11%	-4.85%

Winner

LECO

+6.57%

TME

-1.60%

Winner

LECO

-8.61%

TME

-41.72%

Winner

LECO

+20.26%

TME

-55.44%

Winner

LECO

+46.75%

TME

-33.27%

5Y(CAGR)

Winner

LECO

+16.87%

TME

-9.61%

10Y(CAGR)

LECO

+18.36%

TME

N/A

Max(CAGR)

Winner

LECO

+15.11%

TME

-4.85%

LECO vs TME - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	LECO	TME
2026	+11.57%	-46.91%
2025	+31.52%	+56.81%
2024	-11.03%	+31.24%
2023	+50.82%	+4.77%
2022	+5.71%	+20.88%
2021	+24.59%	-64.64%
2020	+21.14%	+53.18%
2019	+26.29%	-9.69%
2018	-12.79%	-5.57%
2017	+19.43%	N/A
2016	+50.70%	N/A
2015	-23.22%	N/A
2014	-0.43%	N/A
2013	+44.86%	N/A
2012	+25.33%	N/A
2011	+19.41%	N/A
2010	+23.76%	N/A
2009	+2.59%	N/A
2008	-25.22%	N/A
2007	+16.90%	N/A
2006	+50.82%	N/A
2005	+16.79%	N/A
2004	+40.71%	N/A
2003	+6.16%	N/A
2002	+0.85%	N/A
2001	+31.97%	N/A
2000	+1.33%	N/A
1999	-3.96%	N/A

LECO vs TME Drawdown Comparison

The maximum drawdown for LECO was -68.89%, occurring on Mar 9, 2009. Recovery took 892 trading sessions.

The maximum drawdown for TME was -90.19%, occurring on Mar 14, 2022. This drawdown has not yet recovered.

The current LECO drawdown is -9.00%. The current TME drawdown is -69.51%.

Rank	LECO	TME
#1	-68.89% Jun 23, 2008 - Jan 5, 2012	-90.19% Mar 23, 2021 - Mar 14, 2022
#2	-46.52% Apr 16, 2002 - Apr 8, 2004	-50.55% Mar 18, 2019 - Dec 30, 2020
#3	-45.99% Mar 31, 2000 - May 18, 2001	-14.29% Dec 12, 2018 - Jan 18, 2019
#4	-38.89% Jan 2, 2020 - Aug 11, 2020	-12.38% Jan 24, 2019 - Feb 12, 2019
#5	-36.55% Nov 21, 2014 - Nov 10, 2016	-12.12% Feb 16, 2021 - Mar 18, 2021
#6	-34.29% Mar 27, 2024 - Jan 9, 2026	-8.79% Feb 2, 2021 - Feb 16, 2021
#7	-31.14% Oct 24, 2007 - May 22, 2008	-8.69% Feb 25, 2019 - Mar 18, 2019
#8	-26.26% Jan 22, 2018 - Dec 18, 2019	-4.83% Feb 14, 2019 - Feb 19, 2019
#9	-23.14% May 2, 2012 - Jan 2, 2013	-3.16% Jan 19, 2021 - Jan 22, 2021
#10	-21.42% Jul 20, 2023 - Dec 13, 2023	-2.24% Jan 25, 2021 - Feb 2, 2021
#11	-20.32% May 24, 2001 - Feb 8, 2002	-1.67% Jan 6, 2021 - Jan 8, 2021
#12	-20.10% Feb 6, 2026 - Apr 6, 2026	-1.63% Feb 20, 2019 - Feb 22, 2019
#13	-18.40% Nov 30, 2004 - Jul 20, 2005	-1.44% Jan 12, 2021 - Jan 14, 2021
#14	-17.55% Mar 4, 2014 - Nov 21, 2014	-0.87% Feb 12, 2019 - Feb 14, 2019
#15	-17.07% Nov 19, 2021 - Aug 11, 2022	-0.33% Jan 8, 2021 - Jan 12, 2021

Correlation

Correlation between LECO and TME is 0.04 which considered as a very weak or no correlation - the stocks move independently of each other.

0.04

-101

Dividend Comparison (1999 - 2026)

LECO vs TME dividend yield comparison.

Year	LECO	TME
2026	0.29%	2.60%
2025	1.27%	1.03%
2024	1.54%	1.21%
2023	1.21%	0.00%
2022	1.61%	0.00%
2021	1.50%	0.00%
2020	1.70%	0.00%
2019	1.96%	0.00%
2018	2.08%	0.00%
2017	1.57%	0.00%
2016	1.71%	0.00%
2015	2.29%	0.00%
2014	1.42%	0.00%
2013	1.16%	0.00%
2012	1.46%	0.00%
2011	1.62%	0.00%
2010	1.76%	0.00%
2009	2.04%	0.00%
2008	2.00%	0.00%
2007	1.28%	0.00%
2006	1.31%	0.00%
2005	1.84%	0.00%
2004	2.00%	0.00%
2003	2.59%	0.00%
2002	2.63%	0.00%
2001	2.45%	0.00%
2000	2.90%	0.00%
1999	0.68%	0.00%