Tencent Music Entertainment Group (MEX:TMEN) OCF Margin %: 29.54% (As of Mar. 2026) — 16% Above Median


MEX:TMEN Tencent Music Entertainment Group MEX:TMEN
78 GF Score
Price MXN145.80
GF Value MXN274.19
Valuation Significantly Undervalued
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What is Tencent Music Entertainment Group OCF Margin %?

Tencent Music Entertainment Group MEX:TMEN 78 OCF Margin % is 29.54% as of Mar. 2026, which is 16% above its 10-year median of 25.39. GuruFocus rates MEX:TMEN with a GF Score™ of 78/100 and a GF Value™ of MXN274.19 (Significantly Undervalued). Among 551 Interactive Media companies, Tencent Music Entertainment Group ranks better than 82.76% on this metric.

OCF Margin % is calculated as Cash Flow from Operations divided by its Revenue. Tencent Music Entertainment Group's Cash Flow from Operations for the three months ended in Mar. 2026 was MXN6,102 Mil. Tencent Music Entertainment Group's Revenue for the three months ended in Mar. 2026 was MXN20,657 Mil. Therefore, Tencent Music Entertainment Group's OCF Margin % for the quarter that ended in Mar. 2026 was 29.54%.

As of today, Tencent Music Entertainment Group's current OCF Yield % is 10.62%.

The historical rank and industry rank for Tencent Music Entertainment Group's OCF Margin % or its related term are showing as below:

MEX:TMEN' s OCF Margin % Range Over the Past 10 Years
Min: 16.76   Med: 25.39   Max: 36.18
Current: 29.99


During the past 10 years, the highest OCF Margin % of Tencent Music Entertainment Group was 36.18%. The lowest was 16.76%. And the median was 25.39%.

MEX:TMEN's OCF Margin % is ranked better than
82.76% of 551 companies
in the Interactive Media industry
Industry Median: 8.84 vs MEX:TMEN: 29.99


Tencent Music Entertainment Group OCF Margin % Related Terms


Tencent Music Entertainment Group OCF Margin % Historical Data

* Premium members only.

The historical data trend for Tencent Music Entertainment Group's OCF Margin % can be seen below:

* 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 OCF Margin % Chart

Tencent Music Entertainment Group Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
OCF Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.77 26.40 26.44 36.18 31.10

Tencent Music Entertainment Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
OCF Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 34.24 19.40 43.52 27.67 29.54

MEX:TMEN vs PINS, SNAP, MTCH: OCF Margin % Comparison

For the Internet Content & Information subindustry, Tencent Music Entertainment Group's OCF Margin %, along with its competitors' market caps and OCF Margin % 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 OCF Margin % vs Interactive Media Industry

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

* The bar in red indicates where Tencent Music Entertainment Group's OCF Margin % falls into.


MEX:TMEN
78GF Score
Tencent Music Entertainment Group MEX:TMEN
OCF Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Tencent Music Entertainment Group OCF Margin % Calculation

OCF Margin % is the ratio of Cash Flow from Operations divided by net sales or Revenue, usually presented in percent.

Tencent Music Entertainment Group's OCF Margin for the fiscal year that ended in Dec. 2025 is calculated as

OCF Margin=Cash Flow from Operations (A: Dec. 2025 )/Revenue (A: Dec. 2025 )
=26155.202/84112.838
=31.10 %

Tencent Music Entertainment Group's OCF Margin for the quarter that ended in Mar. 2026 is calculated as

OCF Margin=Cash Flow from Operations (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=6101.516/20656.718
=29.54 %

* 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.

Frequently Asked Questions Learn more about OCF Margin % →
What does a OCF Margin % of 29.54% mean?
Tencent Music Entertainment Group (MEX:TMEN) has a OCF Margin % of 29.54% as of Mar. 2026. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Tencent Music Entertainment Group and its competitors. This is 16% above median its historical median of 25.39. Over the past decade, Tencent Music Entertainment Group's OCF Margin % has ranged from 16.76 to 36.18. According to the industry distribution chart, Tencent Music Entertainment Group ranks #95 out of 551 companies in the Interactive Media industry, placing it in the top 17.2%.
Is Tencent Music Entertainment Group's OCF Margin % too high?
Tencent Music Entertainment Group's current OCF Margin % of 29.54% is 16% above median its 10-year median of 25.39. Over the past 10 years, this metric has ranged from a low of 16.76 to a high of 36.18. The Interactive Media industry median OCF Margin % is 8.84. Tencent Music Entertainment Group's value of 29.54% is 234.2% above this industry median. Based on the distribution chart, Tencent Music Entertainment Group ranks #95 out of 551 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 OCF Margin % compare to PINS and SNAP?
According to the Interactive Media industry distribution chart, Tencent Music Entertainment Group ranks #95 out of 551 companies for OCF Margin %. This places Tencent Music Entertainment Group in the top 17% of its industry — outperforming the majority of peers. The industry median OCF Margin % is 8.84. Tencent Music Entertainment Group's value of 29.54% is 234.2% above this benchmark. Historically, Tencent Music Entertainment Group's own OCF Margin % has ranged from 16.76 to 36.18 over the past decade. While the company's 10-year median is 25.39 vs. the industry median of 8.84, Tencent Music Entertainment Group has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good OCF Margin % for an Interactive Media company?
The median OCF Margin % among Interactive Media companies is 8.84, based on 551 companies in the industry. Companies in the top quartile (top 25%) have a OCF Margin % significantly above this median, while those in the bottom quartile fall well below. However, OCF Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tencent Music Entertainment Group's current OCF Margin % of 29.54% is 234.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high OCF Margin % mean?
A high OCF Margin % can signal that a stock is expensive relative to its fundamentals. OCF Margin is the ratio of Cash Flow from Operations to Total Revenue. View historical data on Tencent Music Entertainment Group and its competitors. For the Interactive Media industry, the median OCF Margin % is 8.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tencent Music Entertainment Group's current OCF Margin % is 29.54%, which is 16% above median its own 10-year median of 25.39. 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 MXN274.19, compared to a current price of MXN145.80 — trading 46.8% below its estimated fair value. The current OCF Margin % is 29.54%, which is 16% above median its 10-year median of 25.39 and 234.2% above the Interactive Media industry median of 8.84. 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 OCF Margin % calculated?
OCF Margin % is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current OCF Margin % is 29.54% as of Mar. 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 46.8% below its estimated GF Value™ of MXN274.19. GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.

Key valuation signals for MEX:TMEN:

  • OCF Margin %: 29.54% (16% above median its 10-year median of 25.39)
  • GF Value™: MXN274.19 vs. price of MXN145.80 (46.8% below fair value)
  • GF Score™: 78/100
  • Industry Position: 234.2% above the Interactive Media median (#95 of 551)

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

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

MXN145.80
Price
MXN274.19
GF Value