Tencent Music Entertainment Group (MEX:TMEN) Moat Score: 6/10 (As of Jun. 25, 2026)


MEX:TMEN Tencent Music Entertainment Group MEX:TMEN
78 GF Score
Price MXN145.80
GF Value MXN270.92
Valuation Significantly Undervalued
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What is Tencent Music Entertainment Group Moat Score?

Tencent Music Entertainment Group MEX:TMEN -4.08% 78 Moat Score is 6 as of Jun. 25, 2026. GuruFocus rates MEX:TMEN with a GF Score™ of 78/100 and a GF Value™ of MXN270.92 (Significantly Undervalued). Among 564 Interactive Media companies, Tencent Music Entertainment Group ranks better than 97.87% on this metric.

Tencent Music Entertainment Group has the Moat Score of 6, which implies that the company might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Tencent Music Entertainment Group has Narrow Moat: Tencent Music has a strong narrow moat with significant network effects and brand strength in China's music streaming market. Its partnerships and content library provide a competitive edge, but regulatory challenges and competition prevent a wide moat classification.

Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more.

The company's Moat Score is based on these criteria:

1. Market leadership and sustainable market share
2. Network effects and significant customer switching costs
3. Valuable intellectual property and patents
4. Strong brand strength and deep customer loyalty
5. Durable cost advantages (e.g., economies of scale, proprietary technology)
6. Significant regulatory barriers and exclusive licenses
7. Superior distribution network
8. Strong and sustainable pricing power
9. Consistent and impactful innovation and R&D capabilities

Based on the research, GuruFocus believes Tencent Music Entertainment Group might have Narrow Moat - Strong narrow moat, clearly distinguishable but not wide.

Tencent Music Entertainment Group  (MEX:TMEN) Moat Score Explanation

The Moat Score ranges from 0 to 10, with 10 as the highest. GuruFocus divided Moat Score into following 8 categories:

Moat Score Moat Level
10Wide Moat - Exceptionally dominant and durable wide moat
8 - 9Wide Moat - Clear and robust wide moat
7Wide Moat - Entry-level wide moat, clearly possessing durable advantages
6Narrow Moat - Strong narrow moat, clearly distinguishable but not wide
5Narrow Moat - Solid narrow moat
4Narrow Moat - Discernible but modest moat
1 - 3No Moat - Very weak/transient advantages
0No Moat - No discernible moat

Tencent Music Entertainment Group Moat Score Related Terms

MEX:TMEN vs PINS, SNAP, MTCH: Moat Score Comparison

For the Internet Content & Information subindustry, Tencent Music Entertainment Group's Moat Score, along with its competitors' market caps and Moat Score data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tencent Music Entertainment Group Moat Score vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's Moat Score distribution charts can be found below:

* The bar in red indicates where Tencent Music Entertainment Group's Moat Score falls into.


MEX:TMEN
78GF Score
Tencent Music Entertainment Group MEX:TMEN
Moat Score is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Moat Score →
What does a Moat Score of 6 mean?
Tencent Music Entertainment Group (MEX:TMEN) has a Moat Score of 6 as of Jun. 25, 2026. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. According to the industry distribution chart, Tencent Music Entertainment Group ranks #12 out of 564 companies in the Interactive Media industry, placing it in the top 2.1%.
Is Tencent Music Entertainment Group's Moat Score too high?
Tencent Music Entertainment Group's current Moat Score is 6. Based on the distribution chart, Tencent Music Entertainment Group ranks #12 out of 564 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Tencent Music Entertainment Group has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's Moat Score compare to PINS and SNAP?
According to the Interactive Media industry distribution chart, Tencent Music Entertainment Group ranks #12 out of 564 companies for Moat Score. This places Tencent Music Entertainment Group in the top 2% of its industry — outperforming the majority of peers. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Moat Score for an Interactive Media company?
A good Moat Score depends on the Interactive Media industry context. However, Moat Score should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Moat Score mean?
A high Moat Score can signal that a stock is expensive relative to its fundamentals. Moat Score is a ranking system developed by GuruFocus to assess a company's ability to sustain a competitive advantage, rated on a scale from 0 to 10. It takes into account key factors such as market leadership, cost advantages, network effects, customer switching costs, and more. Tencent Music Entertainment Group's current Moat Score is 6. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Music Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Tencent Music Entertainment Group (MEX:TMEN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN270.92, compared to a current price of MXN145.80 — trading 46.2% below its estimated fair value. The current Moat Score is 6. Tencent Music Entertainment Group's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Moat Score calculated?
Moat Score is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current Moat Score is 6 as of Jun. 25, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tencent Music Entertainment Group (MEX:TMEN) Overvalued in 2026?

Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued. The current stock price of MXN145.80 is trading 46.2% below its estimated GF Value™ of MXN270.92. GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.

Key valuation signals for MEX:TMEN:

  • Moat Score: 6
  • GF Value™: MXN270.92 vs. price of MXN145.80 (46.2% below fair value)
  • GF Score™: 78/100

No single metric tells the full story. See the MEX:TMEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Tencent Music Entertainment Group Business Description

Address Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
78GF Score

Get the complete analysis for MEX:TMEN

Moat Score is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

MXN145.80
Price
MXN270.92
GF Value