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Tencent Music Entertainment Group (GB:0A2Z)
LSE:0A2Z
RESEARCH TOOLSreports
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0A2Z Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$7.93 - $15.75
Previous Close$9
Volume8.38K
Average Volume (3M)18.62K
Market Cap
$19.08B
Enterprise Value$10.45B
Total Cash (Recent Filing)¥15.62B
Total Debt (Recent Filing)¥5.96B
Price to Earnings (P/E)16.7
Beta0.00
Next Earnings
Mar 25, 2025EPS Estimate
$0.17Last Dividend Ex-Date
May 31, 2024Dividend Yield1.16%
Share Statistics
EPS (TTM)0.54
Shares Outstanding1,716,077,131
10 Day Avg. Volume20,080
30 Day Avg. Volume18,623
Standard Deviation0.10
R-Squared0.00444
Alpha-0.00269
Financial Highlights & Ratios
Price to Book (P/B)0.28
Price to Sales (P/S)4.84
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price Target
$14.58Price Target Upside62.00% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering10
Tencent Music Entertainment Group News
PremiumCompany Announcements
Tencent Music Reports Strong Q3 2024 PerformanceBulls Say, Bears Say
Bulls Say
Financial PerformanceNon-IFRS net income grew by 29% YoY to RMB1.81bn, also in line with consensus estimates.
Market PositioningThe combination of a market with little competition, management’s track record of adaption and execution, and new growth path ahead make TME one of the best positioned Chinese Internet companies in their respective fields.
Subscriber GrowthThe number of SVIP subscribers achieved the 10 million milestone, expected to be a key driver of revenue growth.
Bears Say
Financial PerformanceProfit missed market expectation due to a one-off foreign exchange loss.
Market ConcernsRecent changes in operational focuses scared the market, a response viewed as an overreaction, with concerns about the growth trajectory being broken.
Revenue DeclineSocial entertainment and others revenue was down by 24% YoY due to adjustment of certain live streaming functions and intense competition.
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Ownership Overview
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Insiders
8.26% Mutual Funds
14.69% Other Institutional Investors
68.64% Public Companies and
Individual Investors
Website Traffic
The estimated number of people who visited one or more of the websites owned by Tencent Music Entertainment Group
Desktop Users
Mobile Users
0A2Z FAQ
What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest share price was $7.93 and its highest was $15.75 in the past 12 months.
What is Tencent Music Entertainment Group’s market cap?
Currently, no data Available
When is Tencent Music Entertainment Group’s upcoming earnings report date?
Tencent Music Entertainment Group’s upcoming earnings report date is Mar 25, 2025 which is in 122 days.
How were Tencent Music Entertainment Group’s earnings last quarter?
Tencent Music Entertainment Group released its earnings results on Nov 12, 2024. The company reported $0.139 earnings per share for the quarter, missing the consensus estimate of $0.156 by -$0.016.
Is Tencent Music Entertainment Group overvalued?
According to Wall Street analysts Tencent Music Entertainment Group’s price is currently Undervalued.
Does Tencent Music Entertainment Group pay dividends?
Tencent Music Entertainment Group pays a Notavailable dividend of $0.12 which represents an annual dividend yield of 1.16%. See more information on Tencent Music Entertainment Group dividends here
What is Tencent Music Entertainment Group’s EPS estimate?
Tencent Music Entertainment Group’s EPS estimate is $0.17.
How many shares outstanding does Tencent Music Entertainment Group have?
Tencent Music Entertainment Group has 883,602,500 shares outstanding.
What happened to Tencent Music Entertainment Group’s price movement after its last earnings report?
Tencent Music Entertainment Group reported an EPS of $0.139 in its last earnings report, missing expectations of $0.156. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of Tencent Music Entertainment Group?
Among the largest hedge funds holding Tencent Music Entertainment Group’s share is Perseverance Asset Management International. It holds Tencent Music Entertainment Group’s shares valued at 22M.
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Tencent Music Entertainment Group Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$14.58 (62.00% Upside)
$14.58 (62.00% Upside)
Blogger Sentiment
Bullish
GB:0A2Z Sentiment 100%
Sector Average 69%
Sector Average 69%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
33.64%
12-Months-Change
Fundamentals
Return on Equity
10.12%
Trailing 12-Months
Asset Growth
20.74%
Trailing 12-Months
Company Description
Tencent Music Entertainment Group
Incorporated in 2012, China-based Tencent Music Entertainment Group is an online music entertainment platform that provides music streaming, online karaoke, and live streaming services services. The company is a subsidiary of Tencent Holdings Limited.
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0A2Z Earnings Call
Q3 2024
0:00 / 0:00
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0A2Z Stock 12 Month Forecast
Average Price Target
$14.58
▲(62.00% Upside)
Technical Analysis
Best Analysts Covering 0A2Z
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+30.65%
reiterated a buy rating 10 days ago
Copying Lei Zhang's trades and holding each position for 1 Year would result in 90.91% of your transactions generating a profit, with an average return of +30.65% per trade.
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