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Tencent Music Entertainment (TME)
:TME
RESEARCH TOOLSreports
TME Stock Chart & Stats
Day’s Range― - ―
52-Week Range$9.15 - $15.77
Previous CloseN/A
Volume2.31M
Average Volume (3M)7.18M
Market Cap
$22.92B
Enterprise Value$15.91B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)25.2
Beta1.01
Next Earnings
Mar 18, 2025EPS Estimate
0.17Last Dividend Ex-Date
May 31, 2024Dividend Yield0.98%
Share Statistics
EPS (TTM)0.54
Shares Outstanding883,602,500
10 Day Avg. Volume7,875,755
30 Day Avg. Volume7,178,511
Standard Deviation0.18
R-Squared0.04
Alpha0.00461
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)5.92
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
$14.00Price Target Upside9.12% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering4
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Tencent Music Entertainment Group News
PremiumCompany Announcements
Tencent Music Reports Strong Q3 2024 Performance
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Bulls Say, Bears Say
Bulls Say
Membership GrowthTME's SVIP member is on track to grow to 21 million by the end of FY26, leveraging its SVIP-exclusive HD music offering and bundling sales of long-form-audio content.
Revenue GrowthTotal revenue increased by 7% YoY to RMB7.02bn, in line with consensus estimates.
Bears Say
Profit ExpectationsProfit missed market expectation due to a one-off foreign exchange loss.
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Ownership Overview
―
Insiders
9.73% Mutual Funds
15.93% Other Institutional Investors
65.31% 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’s price range in the past 12 months?
Tencent Music Entertainment lowest stock price was $9.14 and its highest was $15.77 in the past 12 months.
What is Tencent Music Entertainment’s market cap?
Tencent Music Entertainment’s market cap is $22.92B.
When is Tencent Music Entertainment’s upcoming earnings report date?
Tencent Music Entertainment’s upcoming earnings report date is Mar 18, 2025 which is in 25 days.
How were Tencent Music Entertainment’s earnings last quarter?
Tencent Music Entertainment released its earnings results on Nov 12, 2024. The company reported $0.139 earnings per share for the quarter, missing the consensus estimate of $0.155 by -$0.016.
Is Tencent Music Entertainment overvalued?
According to Wall Street analysts Tencent Music Entertainment’s price is currently Undervalued.
Does Tencent Music Entertainment pay dividends?
Tencent Music Entertainment pays a Notavailable dividend of $0.12 which represents an annual dividend yield of 0.98%. See more information on Tencent Music Entertainment dividends here
What is Tencent Music Entertainment’s EPS estimate?
Tencent Music Entertainment’s EPS estimate is 0.17.
How many shares outstanding does Tencent Music Entertainment have?
Tencent Music Entertainment has 883,602,500 shares outstanding.
What happened to Tencent Music Entertainment’s price movement after its last earnings report?
Tencent Music Entertainment reported an EPS of $0.139 in its last earnings report, missing expectations of $0.155. Following the earnings report the stock price went down -5.455%.
Which hedge fund is a major shareholder of Tencent Music Entertainment?
Currently, no hedge funds are holding shares in TME
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Tencent Music Entertainment Group Stock Smart Score
Neutral
1
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5
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9
10
Analyst Consensus
Strong Buy
Average Price Target:
$14.00 (9.12% Upside)
$14.00 (9.12% Upside)
Blogger Sentiment
Bullish
TME Sentiment 70%
Sector Average 72%
Sector Average 72%
Crowd Wisdom
Positive
Last 7 Days ▲ 3.1%
Last 30 Days >0.1%
Last 30 Days >0.1%
News Sentiment
Neutral
Bullish news 59%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
30.37%
12-Months-Change
Fundamentals
Return on Equity
10.12%
Trailing 12-Months
Asset Growth
20.74%
Trailing 12-Months
Company Description
Tencent Music Entertainment
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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TME Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Positive
The earnings call reflects a strong quarter for Tencent Music Entertainment Group, with significant growth in online music services revenue, subscriber base, and SVIP memberships, alongside robust advertising revenue growth. However, there were challenges, including a decline in social entertainment revenue and an increased effective tax rate. Overall, the highlights significantly outweigh the lowlights.Read More>---
TME Stock 12 Month Forecast
Average Price Target
$14.00
▲(9.12% Upside)
Technical Analysis
Best Analysts Covering TME
1 Year
1 Year Success Rate
10/11 ratings generated profit
1 Year Average Return
+34.25%
reiterated a buy rating 3 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 +34.25% per trade.
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