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Tencent Music Entertainment Group share price today

(TME)

Tencent Music Entertainment Group share price is $12.07 & ₹1,023.07 as on 13 Dec 2024, 2.30 'hrs' IST

$12.07

▲

0.29

(2.46%)

Market is closed - opens 8 PM, 13 Dec 2024

View live Tencent Music Entertainment Group share price in Dollar and Rupees. Guide to invest in Tencent Music Entertainment Group from India. Also see the sentimental analysis on Indian investors investing in Tencent Music Entertainment Group. Get details on the Indian mutual funds that are investing in Tencent Music Entertainment Group. Get Analyst recommendations and forecasts along with all the Tencent Music Entertainment Group's financials.

Tencent Music Entertainment Group share price movements

$11.85
$12.37
$12.07
1.82%
Downside
Day's Volatility :4.16%
Upside
2.39%
$8.15
$15.77
$12.07
32.48%
Downside
52 Weeks Volatility :48.32%
Upside
23.46%

Tencent Music Entertainment Group Returns

Period	Tencent Music Entertainment Group	Sector (Communication Services)	Index (Russel 2000)
3 Months	26.92%	17.6%	0.0%
6 Months	-18.45%	21.8%	0.0%
1 Year	33.81%	44.1%	0.0%
3 Years	89.18%	33.9%	-18.9%

Tencent Music Entertainment Group Key Statistics

in dollars & INR

Previous Close	$11.78
Open	$11.87
Today's High	$12.365
Today's Low	$11.85
Market Capitalization	$21.2B
Today's Volume	$6.3M
52 Week High	$15.77
52 Week Low	$8.15
Revenue TTM	$27.8B
EBITDA	$7.5B
Earnings Per Share (EPS)	$0.49
PE Ratio	24.04
Dividend Yield	1.16%
Profit Margin	21.53%
Quarterly Earnings Growth YOY	0.35%
Return On Equity TTM	10.7%

How to invest in Tencent Music Entertainment Group from India?

It is very easy for Indian residents to invest directly in Tencent Music Entertainment Group from India. Indian investors can open a free US stocks account on the INDmoney app. You can find live prices of the Tencent Music Entertainment Group stock in both rupees (INR) and dollars (USD). Search for Tencent Music Entertainment Group or TME on INDmoney app and click on Buy or SIP. You can invest by choosing quantities of shares of Tencent Music Entertainment Group or Rupee/ Dollar value or set up a fixed SIP amount to be invested every month or week.

For example: You can easily buy Rs.100 worth of Tencent Music Entertainment Group shares which would translate to 0.070 fractional shares of Tencent Music Entertainment Group as of today. Learn more about fractional investing here.

Indians via INDmoney can now also, easily transfer and add their money to the US stocks account via INDmoney App. Click here for step by step process for the same

Indian investors sentiment towards Tencent Music Entertainment Group

44.44%

Period: Sep 13, 2024 to Dec 12, 2024. Change in 30 Days versus previous period

Investment in Tencent Music Entertainment Group from India has grown in the last 30 days as on Dec 13, 2024. 44.44% more purchase transactions for Tencent Music Entertainment Group in the last 30 days versus the previous period.

-3%

Period: Sep 13, 2024 to Dec 12, 2024. Change in 30 Days versus previous period

Search volume for Tencent Music Entertainment Group on INDmoney from India has reduced in the last 30 days as on Dec 13, 2024. -3% less investors are searching Tencent Music Entertainment Group in the last 30 days versus the previous period.

Global Institutional Holdings in Tencent Music Entertainment Group

Schroder Investment Management Group
3.50%
BlackRock Inc
1.85%
Vanguard Group Inc
1.73%
Amvescap Plc.
1.37%
Baillie Gifford & Co Limited.
1.27%
Cantillon Capital Management LLC
1.09%

Analyst Recommendation on Tencent Music Entertainment Group

Buy

85%Buy

14%Hold

0%Sell

Based on 34 Wall street analysts offering stock ratings for Tencent Music Entertainment Group(by analysts ranked 0 to 5 stars)

Based on 34 analyst

Current
1M Ago
3M Ago

Buy

Hold

Sell

Analyst Forecast on Tencent Music Entertainment Group

What analysts predicted

Upside of 20.3%

Current:

$12.07

Target:

$14.52

Insights on Tencent Music Entertainment Group

Price Movement
In the last 3 years, TME stock has moved up by 87.7%
Decreasing Revenue
Revenue is down for the last 2 quarters, 7.16B → 7.01B (in $), with an average decrease of 2.0% per quarter
Decreasing Net Profit
Netprofit is down for the last 2 quarters, 1.68B → 1.58B (in $), with an average decrease of 5.9% per quarter
TME vs SPOT (1 yr)
In the last 1 year, Spotify Technology Sa has given 140.7% return, outperforming this stock by 106.3%
TME vs SPOT (3 yr)
In the last 3 years, Spotify Technology Sa has given 112.8% return, outperforming this stock by 25.1%
Price to Sales
ForTME every $1 of sales, investors are willing to pay $0.7, whereas for Spotify Technology Sa, the investors are paying $6.3 for every $1 of sales.

Tencent Music Entertainment Group Financials in INR & Dollars

	FY18	Y/Y Change
Revenue	$2.8B	↑ 72.89%
Net Income	$266.1M	↑ 38.24%
Net Profit Margin	9.65%	↓ 2.43%

	FY19	Y/Y Change
Revenue	$3.6B	↑ 33.97%
Net Income	$567.7M	↑ 117.24%
Net Profit Margin	15.66%	↑ 6.01%

	FY20	Y/Y Change
Revenue	$4.5B	↑ 14.62%
Net Income	$635.2M	↑ 4.34%
Net Profit Margin	14.25%	↓ 1.41%

	FY21	Y/Y Change
Revenue	$4.9B	↑ 7.17%
Net Income	$475.6M	↓ 27.1%
Net Profit Margin	9.69%	↓ 4.56%

	FY22	Y/Y Change
Revenue	$4.1B	↓ 9.3%
Net Income	$526.9M	↑ 21.39%
Net Profit Margin	12.98%	↑ 3.29%

	FY23	Y/Y Change
Revenue	$3.9B	↓ 2.07%
Net Income	$689.0M	↑ 33.8%
Net Profit Margin	17.73%	↑ 4.75%

	Q2 FY23	Q/Q Change
Revenue	$917.1M	↓ 11.53%
Net Income	$163.1M	↑ 1.48%
Net Profit Margin	17.78%	↑ 2.28%

	Q3 FY23	Q/Q Change
Revenue	$944.5M	↑ 4.93%
Net Income	$179.0M	↑ 11.82%
Net Profit Margin	18.95%	↑ 1.17%

	Q4 FY23	Q/Q Change
Revenue	$947.8M	↓ 1.81%
Net Income	$199.1M	↑ 8.88%
Net Profit Margin	21.01%	↑ 2.06%

	Q1 FY24	Q/Q Change
Revenue	$957.1M	↑ 1.85%
Net Income	$181.3M	↓ 8.16%
Net Profit Margin	18.95%	↓ 2.06%

	Q2 FY24	Q/Q Change
Revenue	$987.0M	↑ 3.87%
Net Income	$231.9M	↑ 28.79%
Net Profit Margin	23.49%	↑ 4.54%

	Q3 FY24	Q/Q Change
Revenue	$7.0B	↓ 2.03%
Net Income	$1.6B	↓ 5.89%
Net Profit Margin	22.57%	↓ 0.92%

	FY18	Y/Y Change
Profit	$1.1B	↑ 91.0%

	FY19	Y/Y Change
Profit	$1.2B	↑ 19.18%

	FY20	Y/Y Change
Profit	$1.4B	↑ 7.25%

	FY21	Y/Y Change
Profit	$1.5B	↑ 1.1%

	FY22	Y/Y Change
Profit	$1.3B	↓ 6.71%

	FY23	Y/Y Change
Profit	$1.4B	↑ 11.65%

	Q2 FY23	Q/Q Change
Profit	$327.0M	↓ 4.29%

	Q3 FY23	Q/Q Change
Profit	$361.9M	↑ 12.77%

	Q4 FY23	Q/Q Change
Profit	$388.0M	↑ 4.92%

	Q1 FY24	Q/Q Change
Profit	$366.7M	↓ 4.69%

	Q2 FY24	Q/Q Change
Profit	$414.9M	↑ 13.97%

	Q3 FY24	Q/Q Change
Profit	$3.0B	↓ 0.63%

	FY18	Y/Y Change
Operating Cash Flow	$817.5M	↑ 125.28%
Investing Cash Flow	$-172.7M	↑ 146.38%
Financing Cash Flow	$1.1B	↑ 7719.19%

	FY19	Y/Y Change
Operating Cash Flow	$884.0M	↑ 10.09%
Investing Cash Flow	$-1.2B	↑ 580.84%
Financing Cash Flow	$-4.4M	↓ 100.4%

	FY20	Y/Y Change
Operating Cash Flow	$746.8M	↓ 21.21%
Investing Cash Flow	$-2.2B	↑ 75.34%
Financing Cash Flow	$809.1M	↓ 17170.97%

	FY21	Y/Y Change
Operating Cash Flow	$822.7M	↑ 7.25%
Investing Cash Flow	$-942.0M	↓ 57.77%
Financing Cash Flow	$-582.6M	↓ 170.11%

	FY22	Y/Y Change
Operating Cash Flow	$1.1B	↑ 42.79%
Investing Cash Flow	$-207.2M	↓ 75.9%
Financing Cash Flow	$-489.9M	↓ 7.84%

	Q2 FY23	Q/Q Change
Operating Cash Flow	$201.2M	↓ 42.22%
Investing Cash Flow	$-73.7M	↓ 165.1%
Financing Cash Flow	$-118.5M	↑ 121.67%

	Q3 FY23	Q/Q Change
Operating Cash Flow	$270.9M	↑ 37.2%
Investing Cash Flow	$-228.8M	↑ 216.29%
Financing Cash Flow	$-78.9M	↓ 32.16%

Tencent Music Entertainment Group Technicals Summary

Sell

Neutral

Buy

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

Tencent Music Entertainment Group Vs Peers

Company Name	1 Month	6 Month	1 Year	3 Years	5 Years
Tencent Music Entertainment Group	13.12%	-18.45%	33.81%	89.18%	5.05%
Alphabet Inc. - Class C Shares	7.28%	8.56%	45.37%	33.57%	184.51%
Meta Platforms Inc	8.76%	25.12%	89.33%	89.01%	218.71%
Doordash	0.15%	57.09%	72.98%	12.52%	-7.12%
Spotify Technology Sa	2.73%	53.38%	144.77%	115.61%	218.42%
Alphabet Inc. - Class A Shares	7.31%	8.58%	45.49%	33.39%	182.15%

Company Name	P/E Ratio	P/B Ratio	PEG Ratio	EPS	ROE	ROA	Div Yield	BVPS
Tencent Music Entertainment Group	24.04	24.04	0.79	4.76	0.11	0.05	0.01	41.06
Alphabet Inc. - Class C Shares	26.12	26.12	1.23	7.98	0.32	0.16	0.0	25.61
Meta Platforms Inc	29.86	29.86	1.02	22.61	0.36	0.17	0.0	65.19
Doordash	NA	NA	NA	0.28	-0.03	-0.01	NA	18.23
Spotify Technology Sa	133.36	133.36	NA	5.91	0.21	0.08	NA	22.98
Alphabet Inc. - Class A Shares	25.92	25.92	1.16	7.99	0.32	0.16	0.0	25.61

Company Name	Analyst View	Market Cap	5 Years Return %	PE Ratio	Profit Margin
Tencent Music Entertainment Group	Buy	$21.2B	5.05%	24.04	21.53%
Alphabet Inc. - Class C Shares	Buy	$2.4T	184.51%	26.12	27.74%
Meta Platforms Inc	Buy	$1.6T	218.71%	29.86	35.55%
Doordash	Buy	$73.3B	-7.12%	NA	-1.69%
Spotify Technology Sa	Buy	$97.0B	218.42%	133.36	4.64%
Alphabet Inc. - Class A Shares	Buy	$2.4T	182.15%	25.92	27.74%

Tencent Music Entertainment Group Dividend announcements

Tencent Music Entertainment Group Dividends June, 2024
In the quarter ending June,2024. Tencent Music Entertainment Group has declared dividend of $0.14
Read More

About Tencent Music Entertainment Group

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

Management People of Tencent Music Entertainment Group

Name	Title
Mr. Kar Shun Pang	Executive Chairman
Mr. Zhu Liang	CEO & Director
Ms. Min Hu	CFO & Director
Millicent T.	Head of IR
Mr. Tsai Chun Pan	Group VP & Head of Content Cooperation Business

Important FAQs about investing in Tencent Music Entertainment Group from India :

What is Tencent Music Entertainment Group share price today?

Tencent Music Entertainment Group share price today stands at $12.07, Open: $11.87 ; Previous Close: $11.78 ; High: $12.37 ; Low: $11.85 ; 52 Week High: $15.77 ; 52 Week Low: $8.15. The stock opens at $11.87, after a previous close of $11.78. The stock reached a daily high of $12.37 and a low of $11.85, with a 52-week high of $15.77 and a 52-week low of $8.15.

Can Indians buy Tencent Music Entertainment Group shares?

Yes, Indians can invest in the Tencent Music Entertainment Group (TME) from India.

With INDmoney, you can buy Tencent Music Entertainment Group at 0 brokerage. The step-by-step process is as follows:

Open your zero cost US Stocks account and zero balance IND linked savings a/c (this can be done in less than 3 minutes)
Transfer funds to your US Stocks account using your IND linked savings a/c (It takes 24 hours excluding Saturday and Sunday). With INDmoney, you get the best INR USD exchange rates.
Once funds are transferred successfully, you can buy Tencent Music Entertainment Group at zero transaction cost.

How can I buy Tencent Music Entertainment Group shares from India?

It is very easy to buy Tencent Music Entertainment Group from India. With INDmoney, you can open a US stocks account in less than 3 minutes. Transfer funds in 24 hours and buy stocks very easily - that too at 0 brokerage. All this is done at 0 account opening & management fee, 0 brokerages, and at the same time you get the best rupee-US dollar exchange rate.

Can Fractional shares of Tencent Music Entertainment Group be purchased?

Yes, you can buy fractional shares of Tencent Music Entertainment Group with INDmoney app.

What are the documents required to start investing in Tencent Music Entertainment Group stocks?

To start investing in Tencent Music Entertainment Group, You will need the following documents:

Proof of Identification (PAN, Aadhaar etc)
Proof of address (Aadhaar, Voter ID etc)

These documents are required as per RBI's guidelines to create your IND linked savings a/c so that you can execute for global fund transfer. The entire process is paperless and can be completed seamlessly.