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The historical rank and industry rank for Tencent Music Entertainment Group's Net Cash per Share or its related term are showing as below:
During the past 10 years, the highest Price-to-Net-Cash Ratio of Tencent Music Entertainment Group was 1167.00. The lowest was 9.58. And the median was 21.89.
TME's Price-to-Net-Cash is not ranked *
in the Interactive Media industry.
Industry Median: 6.125 * Ranked among companies with meaningful Price-to-Net-Cash only.
Tencent Music Entertainment Group (NYSE:TME) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
Tencent Music Entertainment Group Net Cash per Share Related Terms
Tencent Music Entertainment Group Net Cash per Share Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tencent Music Entertainment Group Net Cash per Share Chart
TME vs PINS, MTCH, SNAP: Net Cash per Share Comparison
For the Internet Content & Information subindustry, Tencent Music Entertainment Group's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's Price-to-Net-Cash distribution charts can be found below:
* The bar in red indicates where Tencent Music Entertainment Group's Price-to-Net-Cash falls into.
Tencent Music Entertainment Group Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tencent Music Entertainment Group (TME) has a Net Cash per Share of $-0.72 as of Jun. 2026. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tencent Music Entertainment Group and its competitors. Over the past decade, Tencent Music Entertainment Group's Net Cash per Share has ranged from 9.58 to 1,167.00. According to the industry distribution chart, Tencent Music Entertainment Group ranks #999999 out of 224 companies in the Interactive Media industry.
Is Tencent Music Entertainment Group's Net Cash per Share too high?
Tencent Music Entertainment Group's current Net Cash per Share is $-0.72. Over the past 10 years, this metric has ranged from a low of 9.58 to a high of 1,167.00. Based on the distribution chart, Tencent Music Entertainment Group ranks #999999 out of 224 companies in the Interactive Media industry, which is in the bottom quartile relative to peers. Overall, Tencent Music Entertainment Group has a GF Score™ of 74/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's Net Cash per Share compare to PINS and MTCH?
According to the Interactive Media industry distribution chart, Tencent Music Entertainment Group ranks #999999 out of 224 companies for Net Cash per Share. This places Tencent Music Entertainment Group in the lower half of its industry. The industry median Net Cash per Share is 6.13. Historically, Tencent Music Entertainment Group's own Net Cash per Share has ranged from 9.58 to 1,167.00 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Cash per Share for an Interactive Media company?
The median Net Cash per Share among Interactive Media companies is 6.13, based on 224 companies in the industry. Companies in the top quartile (top 25%) have a Net Cash per Share significantly above this median, while those in the bottom quartile fall well below. However, Net Cash per Share 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 Net Cash per Share mean?
A high Net Cash per Share can signal that a stock is expensive relative to its fundamentals. Net cash per share equals the per-share value of cash and equivalents less total liabilities and minority interest. View historical data on Tencent Music Entertainment Group and its competitors. For the Interactive Media industry, the median Net Cash per Share is 6.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tencent Music Entertainment Group's current Net Cash per Share is $-0.72. 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 (TME) is currently considered Significantly Undervalued. The stock's GF Value™ is $15.39, compared to a current price of $8.80 — trading 42.8% below its estimated fair value. The current Net Cash per Share is $-0.72. Tencent Music Entertainment Group's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Cash per Share calculated?
Net Cash per Share is calculated from a company's financial statements. For Tencent Music Entertainment Group (TME), the current Net Cash per Share is $-0.72 as of Jun. 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 (TME) Overvalued in 2026?
Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued.
The current stock price of $8.80 is trading 42.8% below its estimated GF Value™ of $15.39.
GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.
Key valuation signals for TME:
Net Cash per Share: $-0.72
GF Value™: $15.39 vs. price of $8.80 (42.8% below fair value)
No single metric tells the full story. See the TME stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
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.
74GF Score
Get the complete analysis for TME
Net Cash per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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