Tencent Music Entertainment Group (TME)

NYSE
Currency in USD
13.61
0.00(0.00%)
Closed
After Hours
13.58-0.03(-0.22%)
TME Scorecard
Full Analysis
Holds more cash than debt on its balance sheet
Fair Value
Day's Range
13.3113.63
52 wk Range
9.1515.77
Key Statistics
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Prev. Close
13.61
Open
13.47
Day's Range
13.31-13.63
52 wk Range
9.15-15.77
Volume
6.43M
Average Vol. (3m)
6.67M
1-Year Change
34.49%
Book Value / Share
5.72
Fair Value
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Fair Value Upside
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TME Scorecardpro icon
Company’s Health
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Fair Value
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Fair Pricepro lock
Upsidepro lock
Price Target
14.62
Upside
+7.42%
Members' Sentiments
Bearish
Bullish
ProTips
RSI suggests the stock is in overbought territory
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Tencent Music Entertainment Group Company Profile

Tencent Music Entertainment Group operates online music entertainment platforms to provide 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 music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

Employees
5185

Compare TME to Peers and Sector

Metrics to compare
TME
Peers
Sector
Relationship
P/E Ratio
26.2x9.6x5.5x
PEG Ratio
0.96−0.090.01
Price / Book
2.5x1.6x1.8x
Price / LTM Sales
5.6x1.2x1.4x
Upside (Analyst Target)
5.7%9.3%21.1%
Fair Value Upside
Unlock33.9%15.0%Unlock

Analyst Ratings

27 Buy
3 Hold
0 Sell
Ratings:
30 analysts
Overall Consensus
Strong Buy

Analysts 12-Month Price Target:

Average 14.62
(+7.42% Upside)

Dividends

Payout Ratio
Payout ratio (TTM)
Earnings retained
EPS 3.88
Dividend Yield
0.98%
Industry Median 0.43%
Annualized Payout
0.1329
Paid annually
5-Years Growth
-
Growth Streak

Earnings

Latest Release
Nov 12, 2024
EPS / Forecast
1.01 / 1.13
Revenue / Forecast
7.02B / 7.01B
EPS Revisions
Last 90 days

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FAQ

What Is the Tencent Music Entertainment Group (TME) Stock Price Today?

The Tencent Music Entertainment Group stock price today is 13.61

What Stock Exchange Does Tencent Music Entertainment Group Trade On?

Tencent Music Entertainment Group is listed and trades on the NYSE stock exchange.

What Is the Stock Symbol for Tencent Music Entertainment Group?

The stock symbol for Tencent Music Entertainment Group is "TME."

Does Tencent Music Entertainment Group Pay Dividends? What’s The Current Dividend Yield?

The Tencent Music Entertainment Group dividend yield is 0.98%.

What Is the Tencent Music Entertainment Group Market Cap?

As of today, Tencent Music Entertainment Group market cap is 21.50B.

What is Tencent Music Entertainment Group Earnings Per Share?

The Tencent Music Entertainment Group EPS is 3.88.

What Is the Next Tencent Music Entertainment Group Earnings Date?

Tencent Music Entertainment Group will release its next earnings report on Mar 25, 2025.

From a Technical Analysis Perspective, Is TME a Buy or Sell?

Based on moving averages and other technical indicators, the daily buy/sell signal is Strong Buy.
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