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Tencent Music Entertainment Group (TME)
NYSE:TME
RESEARCH TOOLSreports
TME Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.41 - $15.77
Previous CloseN/A
Volume2.31M
Average Volume (3M)9.40M
Market Cap
$21.51B
Enterprise Value$15.91B
Total Cash (Recent Filing)¥3.07B
Total Debt (Recent Filing)¥0.00
Price to Earnings (P/E)20.4
Beta0.70
Next Earnings
May 19, 2025EPS Estimate
0.17Last Dividend Ex-Date
Apr 03, 2025Dividend Yield1.09%
Share Statistics
EPS (TTM)0.60
Shares Outstanding883,602,500
10 Day Avg. Volume9,899,672
30 Day Avg. Volume9,398,786
Financial Highlights & Ratios
PEG Ratio0.60
Price to Book (P/B)N/A
Price to Sales (P/S)6.29
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
$16.44Price Target Upside34.42% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
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Bulls Say, Bears Say
Bulls Say
EarningsTME delivered a clean quarter with both revenue and margins above expectations.
Shareholder ReturnsThe company has substantially stepped-up shareholder returns, including a $273M cash dividend for FY24 and a new $1B share repurchase program.
User ExperienceUser retention and time-spent have set record highs, indicating differentiated user experiences from its content and platform.
Bears Say
ARPPU ChallengesTME continues to raise ARPPU through unwinding discounts for green diamonds and higher-ARPPU membership plans, which will gradually take the baton to drive ARPPU growth.
Social EntertainmentSocial entertainment declined 13.0% y/y, pressured on both paying users (-3.8% y/y) and ARPPU (-9.7% y/y).
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Ownership Overview
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Insiders
10.08% Mutual Funds
16.05% Other Institutional Investors
64.12% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
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
TME FAQ
What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest stock price was $9.41 and its highest was $15.77 in the past 12 months.
What is Tencent Music Entertainment Group’s market cap?
Tencent Music Entertainment Group’s market cap is $21.51B.
When is Tencent Music Entertainment Group’s upcoming earnings report date?
Tencent Music Entertainment Group’s upcoming earnings report date is May 19, 2025 which is in 35 days.
How were Tencent Music Entertainment Group’s earnings last quarter?
Tencent Music Entertainment Group released its earnings results on Mar 18, 2025. The company reported $0.173 earnings per share for the quarter, beating the consensus estimate of $0.167 by $0.006.
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 Annually dividend of $0.18 which represents an annual dividend yield of 1.09%. 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 $0.173 in its last earnings report, beating expectations of $0.167. Following the earnings report the stock price went up 15.581%.
Which hedge fund is a major shareholder of Tencent Music Entertainment Group?
Currently, no hedge funds are holding shares in TME
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Tencent Music Entertainment Group Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$16.44 (34.42% Upside)
$16.44 (34.42% Upside)
Blogger Sentiment
Bullish
TME Sentiment 100%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 363.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▼ 1.3%
Last 30 Days ▲ 3.1%
Last 30 Days ▲ 3.1%
News Sentiment
Neutral
Bullish news 50%
Bearish news 100%
Bearish news 100%
Technicals
SMA
Positive
20 days / 200 days
Momentum
4.95%
12-Months-Change
Fundamentals
Return on Equity
10.75%
Trailing 12-Months
Asset Growth
16.22%
Trailing 12-Months
Company Description
Tencent Music Entertainment Group
Tencent Music Entertainment Group (TME) is a leading online music entertainment platform in China, operating some of the most popular music applications in the country, including QQ Music, Kugou Music, and Kuwo Music. TME provides a wide range of services, including online music streaming, live music performances, karaoke, and social entertainment experiences, catering to a vast audience with diverse musical tastes. The company leverages its comprehensive content library, user-friendly interfaces, and innovative technology to deliver engaging and personalized experiences to music enthusiasts.
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TME Earnings Call
Q4 2025
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call demonstrated a strong financial performance with notable growth in revenues, profits, and subscriber base. The company's focus on innovation, AI integration, and strategic partnerships has driven positive results. Despite challenges in social entertainment and balancing subscriber growth with ARPPU, the overall outlook remains optimistic with a significant dividend and share repurchase program to reward shareholders.Read More>---
TME Stock 12 Month Forecast
Average Price Target
$16.44
▲(34.42% Upside)
Technical Analysis
Best Analysts Covering TME
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+37.34%
reiterated a buy rating 5 months 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 +37.34% per trade.
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