Tencent Music Entertainment Group (TME)

$12.53

+0.21

(+1.7%)▲

Market is closed - opens 7 PM, 25 Apr 2024

Insights on Tencent Music Entertainment Group

  • Increasing Revenue

    Revenue is up for the last 3 quarters, 6.56B → 6.89B (in $), with an average increase of 2.4% per quarter

  • Increasing Net Profit

    Netprofit is up for the last 3 quarters, 1.16B → 1.30B (in $), with an average increase of 5.3% per quarter

  • Vs META

    In the last 1 year, Meta Platforms Inc has given 137.8% return, outperforming this stock by 58.8%

  • Vs META

    In the last 3 years, Meta Platforms Inc has given 63.9% return, outperforming this stock by 97.8%

Performance

  • $12.41
    $12.60
    $12.53
    downward going graph

    0.96%

    Downside

    Day's Volatility :1.51%

    Upside

    0.56%

    downward going graph
  • $5.70
    $12.62
    $12.53
    downward going graph

    54.51%

    Downside

    52 Weeks Volatility :54.83%

    Upside

    0.71%

    downward going graph

Returns

PeriodTencent Music Entertainment GroupSector (Communication Services)Index (Russel 2000)
3 Months
40.63%
4.4%
0.0%
6 Months
81.86%
24.9%
0.0%
1 Year
79.0%
42.5%
1.3%
3 Years
-35.55%
5.7%
-22.1%

Highlights

Market Capitalization
21.1B
Book Value
$36.03
Earnings Per Share (EPS)
0.43
PE Ratio
28.65
PEG Ratio
1.46
Wall Street Target Price
12.15
Profit Margin
17.73%
Operating Margin TTM
20.73%
Return On Assets TTM
4.38%
Return On Equity TTM
9.82%
Revenue TTM
27.8B
Revenue Per Share TTM
17.78
Quarterly Revenue Growth YOY
-7.199999999999999%
Gross Profit TTM
8.8B
EBITDA
5.7B
Diluted Eps TTM
0.43
Quarterly Earnings Growth YOY
0.14
EPS Estimate Current Year
0.61
EPS Estimate Next Year
0.73
EPS Estimate Current Quarter
0.14
EPS Estimate Next Quarter
0.15

Analyst Recommendation

Buy
    72%Buy
    27%Hold
    0
    0%Sell
Based on 29 Wall street analysts offering stock ratings for Tencent Music Entertainment Group(by analysts ranked 0 to 5 stars)
Based on 29 analyst
  • Current
  • 1M Ago
  • 3M Ago
Buy
21
20
20
Hold
8
8
10
Sell
00
00
00

Analyst Forecast

What analysts predicted

Downside of 3.03%

Current $12.53
Target $12.15

Company Financials

FY18Y/Y Change
Revenue
2.8B
↑ 72.89%
Net Income
266.5M
↑ 38.24%
Net Profit Margin
9.65%
↓ 2.43%
FY19Y/Y Change
Revenue
3.6B
↑ 33.97%
Net Income
570.0M
↑ 117.24%
Net Profit Margin
15.66%
↑ 6.01%
FY20Y/Y Change
Revenue
4.5B
↑ 14.62%
Net Income
637.1M
↑ 4.34%
Net Profit Margin
14.25%
↓ 1.41%
FY21Y/Y Change
Revenue
4.9B
↑ 7.17%
Net Income
475.4M
↓ 27.1%
Net Profit Margin
9.69%
↓ 4.56%
FY22Y/Y Change
Revenue
4.1B
↓ 9.3%
Net Income
533.2M
↑ 21.39%
Net Profit Margin
12.98%
↑ 3.29%
FY23Y/Y Change
Revenue
27.8B
↓ 2.07%
Net Income
4.9B
↑ 33.8%
Net Profit Margin
17.73%
↑ 4.75%
Q4 FY22Q/Q Change
Revenue
1.0B
↓ 4.9%
Net Income
166.5M
↑ 8.2%
Net Profit Margin
16.39%
↑ 1.98%
Q1 FY23Q/Q Change
Revenue
1.1B
↑ 6.01%
Net Income
167.5M
↑ 0.26%
Net Profit Margin
15.5%
↓ 0.89%
Q2 FY23Q/Q Change
Revenue
1.0B
↓ 1.87%
Net Income
179.0M
↑ 12.77%
Net Profit Margin
17.81%
↑ 2.31%
Q3 FY23Q/Q Change
Revenue
6.6B
↓ 9.84%
Net Income
1.2B
↓ 10.02%
Net Profit Margin
17.78%
↓ 0.03%
Q4 FY23Q/Q Change
Revenue
6.9B
↑ 4.93%
Net Income
1.3B
↑ 11.82%
Net Profit Margin
18.95%
↑ 1.17%
Q1 FY24Q/Q Change
Revenue
6.9B
↑ 0.0%
Net Income
1.3B
↑ 0.0%
Net Profit Margin
18.95%
↑ 0.0%
FY18Y/Y Change
Total Assets
6.5B
↑ 48.68%
Total Liabilities
993.6M
↑ 77.39%
FY19Y/Y Change
Total Assets
7.5B
↑ 18.1%
Total Liabilities
1.3B
↑ 31.71%
FY20Y/Y Change
Total Assets
10.5B
↑ 29.6%
Total Liabilities
2.4B
↑ 72.69%
FY21Y/Y Change
Total Assets
10.6B
↓ 1.49%
Total Liabilities
2.5B
↑ 4.23%
FY22Y/Y Change
Total Assets
9.7B
↓ 0.36%
Total Liabilities
2.6B
↑ 10.39%
FY23Y/Y Change
Total Assets
75.5B
↑ 12.73%
Total Liabilities
18.3B
↑ 2.53%
Q4 FY22Q/Q Change
Total Assets
10.0B
↑ 3.53%
Total Liabilities
2.5B
↓ 7.64%
Q1 FY23Q/Q Change
Total Assets
9.8B
↓ 3.04%
Total Liabilities
2.6B
↑ 4.88%
Q2 FY23Q/Q Change
Total Assets
10.0B
↑ 8.14%
Total Liabilities
2.4B
↓ 0.72%
Q3 FY23Q/Q Change
Total Assets
73.0B
↑ 0.68%
Total Liabilities
17.8B
↑ 0.19%
Q4 FY23Q/Q Change
Total Assets
75.5B
↑ 3.54%
Total Liabilities
18.3B
↑ 3.07%
Q1 FY24Q/Q Change
Total Assets
75.5B
↑ 0.0%
Total Liabilities
18.3B
↑ 0.0%
FY18Y/Y Change
Operating Cash Flow
818.9M
↑ 125.28%
Investing Cash Flow
-173.0M
↑ 146.38%
Financing Cash Flow
1.1B
↑ 7719.19%
FY19Y/Y Change
Operating Cash Flow
887.5M
↑ 10.09%
Investing Cash Flow
-1.2B
↑ 580.84%
Financing Cash Flow
-4.4M
↓ 100.4%
FY20Y/Y Change
Operating Cash Flow
749.0M
↓ 21.21%
Investing Cash Flow
-2.2B
↑ 75.34%
Financing Cash Flow
811.4M
↓ 17170.97%
FY21Y/Y Change
Operating Cash Flow
822.2M
↑ 7.25%
Investing Cash Flow
-941.4M
↓ 57.77%
Financing Cash Flow
-582.2M
↓ 170.11%
FY22Y/Y Change
Operating Cash Flow
1.1B
↑ 42.79%
Investing Cash Flow
-209.7M
↓ 75.9%
Financing Cash Flow
-495.7M
↓ 7.84%
Q4 FY22Q/Q Change
Operating Cash Flow
268.5M
↑ 47.92%
Investing Cash Flow
-209.7M
↑ 16.33%
Financing Cash Flow
-11.6M
↓ 95.2%
Q1 FY23Q/Q Change
Operating Cash Flow
363.0M
↑ 34.67%
Investing Cash Flow
118.0M
↓ 156.09%
Financing Cash Flow
-55.7M
↑ 378.75%
Q2 FY23Q/Q Change
Operating Cash Flow
285.0M
↓ 17.12%
Investing Cash Flow
-72.8M
↓ 165.1%
Financing Cash Flow
-4.6M
↓ 91.38%
Q3 FY23Q/Q Change
Operating Cash Flow
1.4B
↓ 30.29%
Investing Cash Flow
-1.7B
↑ 216.29%
Financing Cash Flow
-849.0M
↑ 2472.73%

Technicals Summary

Sell

Neutral

Buy

Tencent Music Entertainment Group is currently in a favorable trading position ( BUY ) according to technical analysis indicators.

More on Technical Analysis

Peers

Company Name1 Month6 Month1 Year3 Years5 Years
Tencent Music Entertainment Group
Tencent Music Entertainment Group
12.38%
81.86%
79.0%
-35.55%
-27.15%
Alphabet Inc. - Class C Shares
Alphabet Inc. - Class C Shares
6.58%
26.25%
54.0%
37.46%
155.02%
Meta Platforms Inc
Meta Platforms Inc
-1.89%
64.76%
137.77%
62.85%
155.36%
Doordash
Doordash
-8.02%
78.97%
123.09%
-15.89%
-33.11%
Spotify Technology Sa
Spotify Technology Sa
7.37%
73.79%
103.49%
-5.63%
111.74%
Alphabet Inc. - Class A Shares
Alphabet Inc. - Class A Shares
6.04%
26.69%
53.23%
37.78%
151.12%
Company NameP/E RatioP/B RatioPEG RatioEPSROEROADiv YieldBVPS
Tencent Music Entertainment Group
Tencent Music Entertainment Group
28.65
28.65
1.46
0.61
0.1
0.04
NA
36.03
Alphabet Inc. - Class C Shares
Alphabet Inc. - Class C Shares
27.53
27.53
1.66
6.39
0.27
0.14
NA
22.74
Meta Platforms Inc
Meta Platforms Inc
33.34
33.34
1.16
18.76
0.28
0.15
0.0
59.81
Doordash
Doordash
NA
NA
NA
0.19
-0.08
-0.03
NA
16.88
Spotify Technology Sa
Spotify Technology Sa
371.69
NA
NA
3.86
-0.22
-0.01
NA
12.8
Alphabet Inc. - Class A Shares
Alphabet Inc. - Class A Shares
27.33
27.33
1.64
6.83
0.27
0.14
NA
22.74
Company NameAnalyst ViewMarket Cap5 Years Return %PE RatioProfit Margin
Tencent Music Entertainment Group
Tencent Music Entertainment Group
Buy
$21.1B
-27.15%
28.65
17.73%
Alphabet Inc. - Class C Shares
Alphabet Inc. - Class C Shares
Buy
$2.0T
155.02%
27.53
24.01%
Meta Platforms Inc
Meta Platforms Inc
Buy
$1.3T
155.36%
33.34
28.98%
Doordash
Doordash
Hold
$52.3B
-33.11%
NA
-6.46%
Spotify Technology Sa
Spotify Technology Sa
Buy
$60.2B
111.74%
371.69
-4.02%
Alphabet Inc. - Class A Shares
Alphabet Inc. - Class A Shares
Buy
$2.0T
151.12%
27.33
24.01%

Institutional Holdings

  • BlackRock Inc

    2.40%

  • Goldman Sachs Group Inc

    1.62%

  • Baillie Gifford & Co Limited.

    1.56%

  • Canada Pension Plan Investment Board

    1.55%

  • Vanguard Group Inc

    1.46%

  • Amvescap Plc.

    1.41%

Company Information

tencent music entertainment group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the people's republic of china. it offers qq music, kugou music, and kuwo music that enable users to discover and listen to music in personalized ways; and wesing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. the company also operates kugou live and kuwo live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. in addition, it sells music-related merchandise, including kugou m1 headsets, smart speakers, wesing karaoke microphones, and hi-fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. ten

Organization
Tencent Music Entertainment Group
Employees
5185
CEO
Mr. Kar Shun Pang
Industry
Technology Services

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