TME — Tencent Music Entertainment Share Price
Last trade - 00:00- $18.43bn
- $15.58bn
- CNY27.75bn
- 98
- 52
- 62
- 82
Growth & Value
| 12m Forecast Rolling | Industry | Market | |
|---|---|---|---|
| PE Ratio (f) | 14.3 | ||
| PEG Ratio (f) | 0.86 | ||
| EPS Growth (f) | 19.92% | ||
| Dividend Yield (f) | 1.34% | ||
| Valuation (ttm) | Industry | Market | |
|---|---|---|---|
| Price to Book Value | 2.13 | ||
| Price to Tang. Book | 3.23 | ||
| Price to Free Cashflow | 15.7 | ||
| Price to Sales | 4.86 | ||
| EV to EBITDA | 15.39 | ||
Shareholder Activity
| Type | Buy / Hold / Sell |
|---|---|
| Institutions | |
| Directors | |
| Community |
Guru Screens
Quality
| Name | Industry | Market | |
|---|---|---|---|
| Return on Capital | 9.58% | ||
| Return on Equity | 10.21% | ||
| Operating Margin | 23.87% | ||
Financial Summary
| Year End 31st Dec | Unit | 2019 | 2020 | 2021 | 2022 | 2023 | 2024E | 2025E | CAGR / Avg |
|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | CNYm | 25,434 | 29,153 | 31,244 | 28,339 | 27,752 | 28,489.65 | 31,082.03 | 7.89% |
| Operating Profit | m | ||||||||
| Net Profit | m | ||||||||
| EPS Reported | |||||||||
| Diluted Normalised EPS | |||||||||
| EPS Growth | % | +21.82 | +1.92 | -26.36 | +21.87 | +41.56 | +47.74 | +19.92 | n/a |
| PE Ratio | x | ||||||||
| PEG | |||||||||
| Profitability | |||||||||
| Operating Margin | % | ||||||||
| ROA | % | ||||||||
| ROCE | % | ||||||||
| ROE | % | ||||||||
| Cashflow | |||||||||
| Op. Cashflow ps | |||||||||
| Capex ps | |||||||||
| Free Cashflow ps | |||||||||
| Dividends | |||||||||
| Dividend ps | |||||||||
| Dividend Growth | % | ||||||||
| Dividend Yield | % | ||||||||
| Dividend Cover | x | ||||||||
| Balance Sheet | |||||||||
| Cash etc | m | ||||||||
| Working Capital | m | ||||||||
| NFA | m | ||||||||
| Net Debt | m | ||||||||
| Book Value | m | ||||||||
| Diluted Weighted Average Shares | m | ||||||||
| Book Value ps | |||||||||
Other Ratios
| Leverage (ttm) | Total | - Intang | + Pension |
|---|---|---|---|
| Gross Gearing | |||
| Net Gearing | |||
| Cash / Assets |
| Liquidity (ttm) | |
|---|---|
| Curr. Ratio | |
| Quick Ratio | |
| Interest Cov. | |
| Efficiency (ttm) | |
|---|---|
| Asset Turnover | |
| Recs Turnover | |
| Stock Turnover | |
Recent History
| Latest interim period vs. prior period | Industry | Market | |
|---|---|---|---|
| Sales Growth | |||
| EPS Growth | |||
| 3yr Compound Annual Growth Rate | Industry | Market | |
|---|---|---|---|
| Sales CAGR | |||
| EPS CAGR | |||
| DPS CAGR | |||
Profile Summary
Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio. The Company is also engaged in the sales of music-related merchandise, the provision of services to smart device and car manufacturers and ticketing services for online music events. The Company mainly conducts its businesses in domestic and overseas markets.
Directors
- Cussion Kar Shun Pang CHM (47)
- Zhenyu Xie PRE (46)
- Zhu Liang CEO
- Min Hu CFO (49)
- Linlin Chen VPR (40)
- Tak Yeung Hau VPR (45)
- Tsai chun Pan VPR (46)
- Lixue Shi VPR (46)
- Cheuk Tung Yip OTH (40)
- Brent Irvin DRC (48)
- Martin Chi Ping Lau DRC (48)
- James Mitchell DRC
- Yau Kee Mak IND (60)
- Edith Ngan IND (56)
- Liang Tang IND (43)
- Last Annual
- December 31st, 2023
- Last Interim
- September 30th, 2024
- Incorporated
- June 6th, 2012
- Public Since
- December 12th, 2018
- No. of Shareholders
- 1
- No. of Employees
- 5,185
- Sector
- Software & IT Services
- Industry
- Technology
- Exchange
- New York Stock Exchange
- Shares in Issue
- 3,432,154,260
- Address
- 17/F, Malata Building, Kejizhongyi Road, SHENZHEN, 518057
- Web
- https://www.tencentmusic.com/
- Phone
- +86 75586013388
- Auditors
- PricewaterhouseCoopers Zhong Tian
Latest News for TME
Upcoming Events for TME
Q4 2024 Tencent Music Entertainment Group Earnings Release
Q1 2025 Tencent Music Entertainment Group Earnings Release
Tencent Music Entertainment Group Annual Shareholders Meeting
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FAQ
As of Today at 22:37 UTC, shares in Tencent Music Entertainment are trading at $10.74. This share price information is delayed by 15 minutes.
Shares in Tencent Music Entertainment last closed at $10.74 and the price had moved by +13.89% over the past 365 days. In terms of relative price strength the Tencent Music Entertainment share price has underperformed the S&P500 Index by -6.5% over the past year.
The overall consensus recommendation for Tencent Music Entertainment is Buy. You can view the full broker recommendation list by unlocking its StockReport.
Find out moreTencent Music Entertainment does not currently pay a dividend.
Tencent Music Entertainment does not currently pay a dividend.
Tencent Music Entertainment does not currently pay a dividend.
To buy shares in Tencent Music Entertainment you'll need a share-dealing account with an online or offline stock broker. Once you have opened your account and transferred funds into it, you'll be able to search and select shares to buy and sell. You can use Stockopedia’s share research software to help you find the the kinds of shares that suit your investment strategy and objectives.
As of the previous close price of $10.74, shares in Tencent Music Entertainment had a market capitalisation of $18.43bn.
Here are the trading details for Tencent Music Entertainment:
- Country of listing: United States
- Exchange: NYQ
- Ticker Symbol: TME
Based on an overall assessment of its quality, value and momentum Tencent Music Entertainment is currently classified as a Neutral. The classification is based on a composite score that examines a wide range of fundamental and technical measures. Stock are classified on the the following spectrum: Super Stocks, High Flyers, Contrarians, Turnarounds, Neutral, Value Traps, Momentum Traps, Falling Stars, and Sucker Stocks. For more information, learn about our StockRank Styles.
The analyst consensus target price for shares in Tencent Music Entertainment is $14.08. That is 31.13% above the last closing price of $10.74.
Analysts covering Tencent Music Entertainment currently have a consensus Earnings Per Share (EPS) forecast of CNY4.59 for the next financial year.
Find out moreAn important predictor of whether a stock price will go up is its track record of momentum. Price trends tend to persist, so it's worth looking at them when it comes to a share like Tencent Music Entertainment. Over the past six months, its share price has underperformed the S&P500 Index by -31.4%.
As of the last closing price of $10.74, shares in Tencent Music Entertainment were trading -13.67% below their 200 day moving average. You can read more about the power of momentum in assessing share price movements on Stockopedia.
The Tencent Music Entertainment PE ratio based on its reported earnings over the past 12 months is 14.3. The shares last closed at $10.74.
The PE ratio (or price-to-earnings ratio) is the one of the most popular valuation measures used by stock market investors. It is calculated by dividing a company's price per share by its earnings per share.
The PE ratio can be seen as being expressed in years, in the sense that it shows the number of years of earnings which would be required to pay back the purchase price, ignoring inflation. So in general terms, the higher the PE, the more expensive the stock is.
Tencent Music Entertainment's management team is headed by:
- Cussion Kar Shun Pang - CHM
- Zhenyu Xie - PRE
- Zhu Liang - CEO
- Min Hu - CFO
- Linlin Chen - VPR
- Tak Yeung Hau - VPR
- Tsai chun Pan - VPR
- Lixue Shi - VPR
- Cheuk Tung Yip - OTH
- Brent Irvin - DRC
- Martin Chi Ping Lau - DRC
- James Mitchell - DRC
- Yau Kee Mak - IND
- Edith Ngan - IND
- Liang Tang - IND