Tencent Music Entertainment Group is an internet content & information business based in the US. Tencent Music Entertainment Group shares (TME) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $11.44 – an increase of 5.83% over the previous week. Tencent Music Entertainment Group employs 5,185 staff and has a trailing 12-month revenue of around $27.8 billion.
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| Latest market close | $11.44 |
|---|---|
| 52-week range | $7.85 - $15.63 |
| 50-day moving average | $11.42 |
| 200-day moving average | $12.17 |
| Wall St. target price | $104.92 |
| PE ratio | 21.62 |
| Dividend yield | $0 (1.28%) |
| Earnings per share (TTM) | $0.50 |
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $11.15 from 2024-11-19
| 1 week (2024-11-14) | 3.15% |
|---|---|
| 1 month (2024-10-21) | -5.27% |
| 3 months (2024-08-21) | 6.80% |
| 6 months (2024-05-21) | -25.62% |
| 1 year (2023-11-21) | 28.31% |
|---|---|
| 2 years (2022-11-21) | 102.37% |
| 3 years (2021-11-19) | 47.66% |
| 5 years (2019-11-21) | 12.3871 |
Valuing Tencent Music Entertainment Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tencent Music Entertainment Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tencent Music Entertainment Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Tencent Music Entertainment Group shares trade at around 22x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Tencent Music Entertainment Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 0.7245. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tencent Music Entertainment Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Tencent Music Entertainment Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $7.5 billion.
The EBITDA is a measure of a Tencent Music Entertainment Group's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $27.8 billion |
|---|---|
| Operating margin TTM | 26.3% |
| Gross profit TTM | $8.8 billion |
| Return on assets TTM | 5.43% |
| Return on equity TTM | 10.7% |
| Profit margin | 21.53% |
| Book value | $41.06 |
| Market Capitalization | $17.6 billion |
TTM: trailing 12 months
Dividend payout ratio: 3.99% of net profits
Recently Tencent Music Entertainment Group has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Tencent Music Entertainment Group shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Tencent Music Entertainment Group's case, that would currently equate to about $0 per share.
While Tencent Music Entertainment Group's payout ratio might seem low, this can signify that Tencent Music Entertainment Group is investing more in its future growth.
Tencent Music Entertainment Group's most recent dividend payout was on 26 June 2024. The latest dividend was paid out to all shareholders who bought their shares by 30 May 2024 (the "ex-dividend date").
Over the last 12 months, Tencent Music Entertainment Group's shares have ranged in value from as little as $7.8535 up to $15.6276. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tencent Music Entertainment Group's is 0.659. This would suggest that Tencent Music Entertainment Group's shares are less volatile than average (for this exchange).
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 music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited. .
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