Tencent Music is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.

Financial Strength

9/10

Name	Current	Vs Industry
Cash-To-Debt	4.07
Equity-to-Asset	0.74
Debt-to-Equity	0.1
Debt-to-EBITDA	0.81
Interest Coverage	59.22
Piotroski F-Score	7/9	0 1 2 3 4 5 6 7 8 9
Altman Z-Score	5.41	Distress Grey Safe
Beneish M-Score	-2.51	Manipulator Not Manipulator
WACC vs ROIC		WACC ROIC

Growth Rank

8/10

	Name	Current	Vs Industry		Vs History
	3-Year Revenue Growth Rate	-2.6
	3-Year EBITDA Growth Rate	7.8
	3-Year EPS without NRI Growth Rate	5.2
	3-Year FCF Growth Rate	11
	3-Year Book Growth Rate	-0.6
	Future 3-5Y EPS without NRI Growth Rate Estimate	18.65
	Future 3-5Y Total Revenue Growth Rate Estimate	7.61

Momentum Rank

6/10

	Name	Current	Vs Industry		Vs History
	5-Day RSI	37.08
	9-Day RSI	39.09
	14-Day RSI	43.21
	6-1 Month Momentum %	-0.15
	12-1 Month Momentum %	79.97

Liquidity Ratio

	Name	Current	Vs Industry		Vs History
	Current Ratio	2.34
	Quick Ratio	2.34
	Cash Ratio	1.86
	Days Inventory	0.19
	Days Sales Outstanding	36.61
	Days Payable	118.66

Dividend & Buy Back

	Name	Current	Vs Industry		Vs History
	Dividend Yield %	1.17
	Dividend Payout Ratio	0.24
	Forward Dividend Yield %	1.17
	5-Year Yield-on-Cost %	1.17
	3-Year Average Share Buyback Ratio	0.1
	Shareholder Yield %	1.32

Profitability Rank

7/10

	Name	Current	Vs Industry		Vs History
	Gross Margin %	39.3
	Operating Margin %	22.43
	Net Margin %	20.36
	FCF Margin %	33.04
	ROE %	9.81
	ROA %	7.28
	ROIC %	10.22
	3-Year ROIIC %	5.62
	ROC (Joel Greenblatt) %	886.44
	ROCE %	11.44
	Years of Profitability over Past 10-Year	8

GF Value Rank

1/10

	Name	Current	Vs Industry		Vs History
	PE Ratio	23.65
	Forward PE Ratio	15
	PE Ratio without NRI	20.98
	Price-to-Owner-Earnings	35.87
	PEG Ratio	1.23
	PS Ratio	4.91
	PB Ratio	2.35
	Price-to-Tangible-Book	3.87
	Price-to-Free-Cash-Flow	14.72
	Price-to-Operating-Cash-Flow	14.72
	EV-to-EBIT	16.95
	EV-to-Forward-EBIT	13.98
	EV-to-EBITDA	16.95
	EV-to-Forward-EBITDA	12.69
	EV-to-Revenue	4.57
	EV-to-Forward-Revenue	3.66
	EV-to-FCF	13.33
	Price-to-Projected-FCF	1.17
	Price-to-Peter-Lynch-Fair-Value	1.41
	Price-to-Graham-Number	1.9
	Price-to-Net-Current-Asset-Value	15.04
	Price-to-Net-Cash	43.44
	Earnings Yield (Greenblatt) %	5.9
	FCF Yield %	6.32
	Forward Rate of Return (Yacktman) %	19.98

Financials (Next Earnings Date:2024-11-12)

Annual Quarterly TTM

TME's 30-Y Financials

AAPL

Income Statement Breakdown FY

Annual Quarterly

No Enough Data

AAPL

Balance Sheet Breakdown

Annual Quarterly

No Enough Data

AAPL

Cashflow Statement Breakdown

Annual Quarterly

No Enough Data

Historical Operating Revenue by Business Segment

Value % YoY

Historical Operating Revenue by Geographic Region

Value % YoY

See Details

5-Step DuPont Analysis as of

Annual Quarterly

No Enough Data

Guru Trades

See Details

Insider Trades

See Details

Gurus Latest Trades with NYSE:TME

No Available Data

Peter Lynch Chart

Y-axis scale:

Log Linear

Interactive Chart

Performance

Dividend

Log

Bar

Annualized Return %

Symbol	1 Week	1 Month	3 Months	6 Months	YTD	1 Year	3 Years	5 Years	10 Years

Total Annual Return %

Symbol	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015

Tencent Music Entertainment Group Executives

Details

GF Value: $7.02

TME

Valuation Chart

Year:

Warning Signs

Warning! GuruFocus detected 4 Severe warning signs with TME. Try a 7-Day Free Trial to check it out.

Analyst Estimate

Annual Quarterly

Key Statistics

	Name	Value
	Revenue (TTM) (Mil $)	3,792.251
	EPS (TTM) ($)	0.496
	Beta	0.6
	Volatility %	43.04
	14-Day RSI	43.21
	14-Day ATR ($)	0.50934
	20-Day SMA ($)	11.8655
	12-1 Month Momentum %	79.97
	52-Week Range ($)	6.765 - 15.77
	Shares Outstanding (Mil)	1,689.62

Piotroski F-Score Details

Year:

	Component	Result
	Piotroski F-Score	7
	Positive ROA
	Positive CFROA
	Higher ROA yoy
	CFROA > ROA
	Lower Leverage yoy
	Higher Current Ratio yoy
	Less Shares Outstanding yoy
	Higher Gross Margin yoy
	Higher Asset Turnover yoy

Tencent Music Entertainment Group Filings

10-K10-QForm 4Others

	Filing Date	Document Date	Form
No Filing Data

Tencent Music Entertainment Group Stock Events

Financials Calendars

	Event	Date	Price($)
No Event Data

Tencent Music Entertainment Group Frequently Asked Questions

What is Tencent Music Entertainment Group(TME)'s stock price today?

The current price of TME is $11.73. The 52 week high of TME is $15.77 and 52 week low is $6.77.

When is next earnings date of Tencent Music Entertainment Group(TME)?

The next earnings date of Tencent Music Entertainment Group(TME) is 2024-11-12.

Does Tencent Music Entertainment Group(TME) pay dividends? If so, how much?

The Dividend Yield % of Tencent Music Entertainment Group(TME) is 1.17% (As of Today), Highest Dividend Payout Ratio of Tencent Music Entertainment Group(TME) was 0.24. The lowest was 0. And the median was 0. The Forward Dividend Yield % of Tencent Music Entertainment Group(TME) is 1.17%. For more information regarding to dividend, please check our Dividend Page.

Press Release

	Subject	Date
No Press Release

Headlines

No news.

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