How to Buy Tencent Music Entertainment Group Stock
Tencent Music Entertainment Group
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China.
Tencent Music Entertainment Group stock last closed at $13.42, down 0.96% from the previous day, and has increased 6.93% in one year. It has overperformed other stocks in the Internet Content & Information industry by 0.04 percentage points. Tencent Music Entertainment Group stock is currently +42.61% from its 52-week low of $9.41, and -14.9% from its 52-week high of $15.77.
As of Apr 30, 2025, there are 4.53B TME shares outstanding. The market cap of TME is $30.40B. In the past 24 hours, 2.98M TME shares were traded.
How to Buy Tencent Music Entertainment Group Stock
Wondering how to invest in Tencent Music Entertainment Group stock? Here's how.
- Choose where to buy Tencent Music Entertainment Group stock: You need to decide on a stock brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Tencent Music Entertainment Group stock.
- Open your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
- Fund your investment account: Select your method of payment and add your information.
- Analyze Tencent Music Entertainment Group stock: The Tencent Music Entertainment Group ticker symbol is TME. Is Tencent Music Entertainment Group stock a good investment? Should you buy shares of TME? How do TME's underlying business fundamentals look? Do top analysts think Tencent Music Entertainment Group is a good buy? Why has TME's stock price moved recently? (Hint: Our stock analysis website can help you understand if TME is a good stock to buy).
- Make your TME buy order: Decide if you will purchase TME shares at the current market price or use a limit order to buy TME shares at a particular price.
- Get notifications regarding your TME investment: Create a watchlist to monitor your new investment in Tencent Music Entertainment Group shares.
Step 1: Choose where to buy Tencent Music Entertainment Group stock
You need an online brokerage account in order to access the NYSE market and buy TME shares.
Our favorite brokerage: eToro
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Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, the next step is to fill out some personal info so you are able to invest in TME today.
How to Start a New Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal details to create your new brokerage account.
- Send your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your investment account
Now that you've opened your account on app for stock market, you need to deposit funds:
Watch the tutorial below to see the process of transferring funds into your new brokerage account.
Step 4: Analyze Tencent Music Entertainment Group stock
After you have identified the best place to buy Tencent Music Entertainment Group stock, it's absolutely critical to evaluate their stock before you invest, so you truly understand the risk and upside.
Tencent Music Entertainment Group shares data
Tencent Music Entertainment Group Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can view all of the due diligence checks on TME's stock page.
Is TME stock undervalued or overvalued?
You can use many financial metrics, analyses, models, and charts to gauge TME's true value.
Using relative valuations measures:
- TME may be undervalued based on its P/E ratio of 22.82x, relative to Internet Content & Information industry P/E ratio of 33.32x
- TME may be undervalued based on its P/B ratio of 3.27x, relative to Internet Content & Information industry P/B ratio of 5.78x
- TME may be overvalued based on its PEG ratio of 1.23x
You can do additional valuation research on TME's stock here.
TME Financials at a glance
Passed Financial Due Diligence Checks:
- There are more short-term assets than short-term liabilities on the TME balance sheet.
- TME has a low debt to equity ratio of 0.31.
- There are more short-term assets than long-term liabilities on the TME balance sheet.
- TME profit margin has gone up from 17.7% to 23.4% in the past year.
- TME earnings of $1.14B is not sufficient to cover its interest payments.
- TME's operating cash flow of $1.47B allows it to safely service it's debt of $827.77M.
Failed Financial Due Diligence Checks:
- Total TME debt is higher than 5 years ago, relative to shareholder equity.
Is Tencent Music Entertainment Group stock a Buy, Hold, or Sell, according to analysts?
Out of 4 Wall Street analysts who give recommendations on TME, the consensus analyst rating on TME is a Strong Buy
Please keep in mind that analyst ratings are not stock recommendations, nor are they investment advice.
You can dive deeper into what analysts are forecasting on the Tencent Music Entertainment Group stock forecast page.
TME Technicals
TME Growth Metrics
Last year, TME earnings were $908.89M. During the past five year, TME's earnings have grown by 11.03% per year. This was slower than the Internet Content & Information industry average of 36.22%.
Last year, TME revenue was $3.89B. In the past 5 year, TME's revenue has gone up by 1.38% per year. This was slower than the Internet Content & Information industry average of 18.29%.
You can research TME's earnings and revenue performance here.
Latest Insiders Trades at TME
Over the last 12 months, executives and large shareholders at TME have not bought or sold any shares.
Get more info about who owns TME shares here.
Can I rely on TME as an income stream?
No, Tencent Music Entertainment Group doesn't provide an income stream by paying out dividends.
What others are saying about TME
One of the biggest reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your TME buy order
You have two primary options:
- Market order: A market order is an order to buy or sell a stock at the best available price.
Market orders are usually fine for most investors. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a specific dollar amount, use a limit order.
Click the Open Trade button and eToro will place your order.
If you need additional info about investing in stocks on eToro, click the how to video below:
Step 6: Get notifications regarding your TME investment
Now that you own some TME stock, you'll want to stay up-to-date on your company.
Put TME on a watchlist to keep tabs on your TME stock.
TME Feed
How to Buy Stock in Tencent Music Entertainment Group
To reiterate, here are the 6 steps to buy Tencent Music Entertainment Group stock:
- Choose where to buy Tencent Music Entertainment Group stock
- Open your brokerage account
- Fund your investment account
- Analyze Tencent Music Entertainment Group stock
- Make your TME buy order
- Get notifications regarding your TME investment
If you require a online brokerage, eToro is our recommended option.
Get Started with eToro TodayIf you would like to monitor your new investment in Tencent Music Entertainment Group, get started below.
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