Business Description
Tencent Music Entertainment Group
ISIN : US88034P1093
Share Class Description:
TME: ADRCompare
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Traded in other countries / regions
TME.USA01698.Hong KongTME.Mexico63T.Germany0A2Z.UK IPO Date
2018-12-12Description
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 | Vs History | |||
|---|---|---|---|---|---|---|
| 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 | |||||
| Altman Z-Score | 5.68 | |||||
| Beneish M-Score | -2.51 | |||||
| WACC vs 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 | 17.46 | |||||
| Future 3-5Y Total Revenue Growth Rate Estimate | 6.76 |
Momentum Rank
5/10
| Name | Current | Vs Industry | Vs History | |||
|---|---|---|---|---|---|---|
| 5-Day RSI | 44.82 | |||||
| 9-Day RSI | 49.96 | |||||
| 14-Day RSI | 51.43 | |||||
| 3-1 Month Momentum % | 12.2 | |||||
| 6-1 Month Momentum % | -28.15 | |||||
| 12-1 Month Momentum % | 18.82 |
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 % | 1.14 | |||||
| Dividend Payout Ratio | 0.24 | |||||
| Forward Dividend Yield % | 1.14 | |||||
| 5-Year Yield-on-Cost % | 1.14 | |||||
| 3-Year Average Share Buyback Ratio | 0.1 | |||||
| Shareholder Yield % | 1.23 |
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 | 24.15 | |||||
| Forward PE Ratio | 15.87 | |||||
| PE Ratio without NRI | 21.43 | |||||
| Price-to-Owner-Earnings | 36.64 | |||||
| PEG Ratio | 1.25 | |||||
| PS Ratio | 4.97 | |||||
| PB Ratio | 2.4 | |||||
| Price-to-Tangible-Book | 3.95 | |||||
| Price-to-Free-Cash-Flow | 15.03 | |||||
| Price-to-Operating-Cash-Flow | 15.03 | |||||
| EV-to-EBIT | 17.53 | |||||
| EV-to-Forward-EBIT | 14.82 | |||||
| EV-to-EBITDA | 17.53 | |||||
| EV-to-Forward-EBITDA | 13.51 | |||||
| EV-to-Revenue | 4.73 | |||||
| EV-to-Forward-Revenue | 4.12 | |||||
| EV-to-FCF | 14.3 | |||||
| Price-to-GF-Value | 1.73 | |||||
| Price-to-Projected-FCF | 1.19 | |||||
| Price-to-Peter-Lynch-Fair-Value | 1.44 | |||||
| Price-to-Graham-Number | 1.94 | |||||
| Price-to-Net-Current-Asset-Value | 15.36 | |||||
| Price-to-Net-Cash | 44.37 | |||||
| Earnings Yield (Greenblatt) % | 5.7 | |||||
| FCF Yield % | 6.19 | |||||
| Forward Rate of Return (Yacktman) % | 19.68 |
Historical Operating Revenue by Business Segment
Historical Operating Revenue by Geographic Region
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Tencent Music Entertainment Group Executives
DetailsAnalyst Estimate
Key Statistics
| Name | Value | ||
|---|---|---|---|
| Revenue (TTM) (Mil $) | 3,792.251 | ||
| EPS (TTM) ($) | 0.496 | ||
| Beta | 0.58 | ||
| 3-Year Sharpe Ratio | 0.43 | ||
| 3-Year Sortino Ratio | 1.02 | ||
| Volatility % | 40.74 | ||
| 14-Day RSI | 51.43 | ||
| 14-Day ATR ($) | 0.565816 | ||
| 20-Day SMA ($) | 11.8165 | ||
| 12-1 Month Momentum % | 18.82 | ||
| 52-Week Range ($) | 8.15 - 15.77 | ||
| Shares Outstanding (Mil) | 1,689.62 |
Piotroski F-Score Details
Year:
| Component | Result | ||
|---|---|---|---|
| Piotroski F-Score | 7 | ||
| Positive ROA | |||
| Positive CFROA | |||
| Higher ROA yoy | |||
| CFROA > ROA | |||
| Lower Leverage yoy | |||
| Higher Current Ratio yoy | |||
| Less Shares Outstanding yoy | |||
| Higher Gross Margin yoy | |||
| Higher Asset Turnover yoy |
Tencent Music Entertainment Group Filings
| Filing Date | Document Date | Form | ||
|---|---|---|---|---|
| No Filing Data | ||||
Tencent Music Entertainment Group Stock Events
| Event | Date | Price ($) | ||
|---|---|---|---|---|
| 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 $11.98. The 52 week high of TME is $15.77 and 52 week low is $8.15.
When is next earnings date of Tencent Music Entertainment Group(TME)?
The next earnings date of Tencent Music Entertainment Group(TME) is 2025-03-19 Est..
Does Tencent Music Entertainment Group(TME) pay dividends? If so, how much?
The Dividend Yield %  of Tencent Music Entertainment Group(TME) is 1.14% (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 1.14%. For more information regarding to dividend, please check our Dividend Page.
Press Release
| Subject | Date | |||
|---|---|---|---|---|
| No Press Release | ||||
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