NYSE: TMETencent Music Entertainment Group Stock
$8.28-0.20 (-2.36%)
Updated Mar 31, 2023
Shares of US-listed Chinese stocks... find out Why TME Price Moved with a free WallStreetZen account
Why Price MovedTME Price
$8.28
Fair Value Price
N/A
Market Cap
$19.52B
52 Week Low
$3.14
52 Week High
$9.29
P/E
24.72x
P/B
2.79x
P/S
4.85x
PEG
2.06x
Dividend Yield
N/A
Revenue
$4.13B
Earnings
$527.55M
Gross Margin
31%
Operating Margin
15.24%
Profit Margin
13%
Debt to Equity
0.37
Operating Cash Flow
N/A
Beta
0.79
Next Earnings
May 15, 2023
Ex-Dividend
N/A
Next Dividend
N/A
TME Overview
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. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Live and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance. In addition, it sells music-related merchandise, including Kugou M1 headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with CoMix Wave Films. The company was formerly known as China Music Corporation. The company was incorporated in 2012 and is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
Zen Score
–
Industry Average (25)
You've viewed Zen Score for 10/10 free stocks. Upgrade to Premium to see how TME scored across 33 valuation, financial, forecast, performance, and dividend due diligence checks.
Due Diligence Checks
TME ($8.28) is trading above its intrinsic value of $3.34, according to an updated version of Benjamin Graham's Formula from Chapter 11 of "The Intelligent Investor"
Below Benjamin Graham Formula Value Valuation
TME is poor value based on its earnings relative to its share price (24.72x), compared to the US market average (22.13x)
P/E vs Market Valuation
TME is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
There are 30 more TME due diligence checks available for Premium users.
Be the first to know about important TME news, forecast changes, insider trades & much more!
TME News
Valuation
TME price to earnings (PE)
For valuing profitable companies with steady earnings
Company
24.72x
Industry
18.84x
Market
22.13x
TME is poor value based... subscribe to Premium to read more.
P/E vs Industry Valuation
TME is poor value based... subscribe to Premium to read more.
P/E vs Market Valuation
TME price to book (PB)
For valuing companies that are loss-making or have lots of physical asset
Company
2.79x
Industry
4.48x
TME is good value based... subscribe to Premium to read more.
P/B vs Industry Valuation
TME price to earnings growth (PEG)
For valuing profitable companies with growth potential
TME is poor value relative... subscribe to Premium to read more.
PEG Value Valuation
TME's financial health
Profit margin
Revenue
$1.1B
Net Income
$165.1M
Profit Margin
15.5%
TME's profit margin has increased... subscribe to Premium to read more.
Profit Margin Growth Financials
Assets to liabilities
Assets
$9.6B
Liabilities
$2.6B
Debt to equity
0.37
TME's short-term assets ($3.87B) exceed... subscribe to Premium to read more.
Short-term Liabilities Financials
TME's short-term assets ($3.87B) exceed... subscribe to Premium to read more.
Long-term Liabilities Financials
TME's debt has increased relative... subscribe to Premium to read more.
Shrinking Debt Financials
TME's debt to equity ratio... subscribe to Premium to read more.
Healthy Debt to Equity Financials
Cash flow
Operating
N/A
Investing
N/A
Financing
N/A
TME vs Internet Stocks
Tencent Music Entertainment Group Stock FAQ
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTubeWallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.