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Tencent Music Entertainment Group (TME)
NYSE:TME
TME Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.41 - $15.77
Previous CloseN/A
Volume2.31M
Average Volume (3M)9.94M
Market Cap
$24.36B
Enterprise Value$15.91B
Total Cash (Recent Filing)¥3.07B
Total Debt (Recent Filing)¥0.00
Price to Earnings (P/E)24.0
Beta0.81
Next Earnings
May 19, 2025EPS Estimate
0.17Next Dividend Ex-Date
Apr 03, 2025Dividend Yield0.92%
Share Statistics
EPS (TTM)0.60
Shares Outstanding883,602,500
10 Day Avg. Volume10,226,525
30 Day Avg. Volume9,942,802
Financial Highlights & Ratios
PEG Ratio0.70
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 Upside14.09% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
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Bulls Say, Bears Say
Bulls Say
Financial PerformanceTME 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.
Technological InnovationIntegrating DeepSeek AI to improve user experience and engagement, including features like AI Music Assistant and AI song cover/accompaniment.
Bears Say
Revenue CompositionSocial entertainment and others revenue declined by 13% YoY but grew by 6% QoQ to RMB1.6bn in 4Q24, as the decline in live streaming revenue was partially offset by the solid performance of other segments.
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 $24.36B.
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 47 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 $0.174 earnings per share for the quarter, beating the consensus estimate of $0.168 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 0.92%. 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 $0.174 in its last earnings report, beating expectations of $0.168. Following the earnings report the stock price went up 15.544%.
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
Outperform
1
2
3
4
5
6
7
8
9
10
Analyst Consensus
Strong Buy
Average Price Target:
$16.44 (14.09% Upside)
$16.44 (14.09% Upside)
Blogger Sentiment
Bullish
TME Sentiment 100%
Sector Average 66%
Sector Average 66%
Hedge Fund Trend
Decreased
By 363.5K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Positive
Last 7 Days ▲ 0.4%
Last 30 Days ▲ 1.4%
Last 30 Days ▲ 1.4%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
29.80%
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 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 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 Music, Kuwo Music, WeSing, QQ Music, 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; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou 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. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
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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
▲(14.09% Upside)
Technical Analysis
Best Analysts Covering TME
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+41.82%
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 +41.82% per trade.
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