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Shares Outstanding (EOP) are shares that have been authorized, issued, and purchased by investors and are held by them.
3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. A positive ratio may indicate share buybacks over the period, while a zero or negative ratio may reflect no repurchases or potential share issuance. Tencent Music Entertainment Group's current 3-Year Share Buyback Ratio was 3.30%.
The historical rank and industry rank for Tencent Music Entertainment Group's 3-Year Share Buyback Ratio or its related term are showing as below:
TME'
s 3-Year Share Buyback Ratio Range Over the Past 10 Years
Min: -1.3 Med: -0.8 Max: 3.3
Current: 3.3
During the past 10 years, Tencent Music Entertainment Group's highest 3-Year Share Buyback Ratio was 3.30%. The lowest was -1.30%. And the median was -0.80%.
TME's 3-Year Share Buyback Ratio is ranked better than 92.36% of 432
companies
in the Interactive Media industry
Industry Median: -1.1
vs TME: 3.30
Tencent Music Entertainment Group (NYSE:TME) 3-Year Share Buyback Ratio Explanation
A negative number means the company might be issuing new shares. A positive number indicates that the company is buying back shares.
Be Aware
Investors usually like share buybacks. But as pointed by Warren Buffett, only if a company buys back shares at the prices below the stock's intrinsic value, it rewards remaining shareholders. If a company buys its overvalued stocks back, it destroys shareholder value.
Tencent Music Entertainment Group 3-Year Share Buyback Ratio Related Terms
TME vs PINS, MTCH, SNAP: 3-Year Share Buyback Ratio Comparison
For the Internet Content & Information subindustry, Tencent Music Entertainment Group's 3-Year Share Buyback Ratio, along with its competitors' market caps and 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's 3-Year Share Buyback Ratio distribution charts can be found below:
* The bar in red indicates where Tencent Music Entertainment Group's 3-Year Share Buyback Ratio falls into.
Tencent Music Entertainment Group 3-Year Share Buyback Ratio Calculation
This is the annualized percentage change in shares outstanding from three years ago to the current year. The annualized percentage change is calculated with expontential compound based on the latest four years of annual data on Shares Outstanding (EOP).
Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average dividends per share growth rate.
What does a 3-Year Share Buyback Ratio of 3.30 mean?
Tencent Music Entertainment Group (TME) has a 3-Year Share Buyback Ratio of 3.30 as of Mar. 2026. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Tencent Music Entertainment Group and its competitors. According to the industry distribution chart, Tencent Music Entertainment Group ranks #33 out of 432 companies in the Interactive Media industry, placing it in the top 7.6%.
Is Tencent Music Entertainment Group's 3-Year Share Buyback Ratio too high?
Tencent Music Entertainment Group's current 3-Year Share Buyback Ratio is 3.30. Based on the distribution chart, Tencent Music Entertainment Group ranks #33 out of 432 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 76/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's 3-Year Share Buyback Ratio compare to PINS and MTCH?
According to the Interactive Media industry distribution chart, Tencent Music Entertainment Group ranks #33 out of 432 companies for 3-Year Share Buyback Ratio. This places Tencent Music Entertainment Group in the top 8% 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 3-Year Share Buyback Ratio for an Interactive Media company?
A good 3-Year Share Buyback Ratio depends on the Interactive Media industry context. However, 3-Year Share Buyback Ratio 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 3-Year Share Buyback Ratio mean?
A high 3-Year Share Buyback Ratio can signal that a stock is expensive relative to its fundamentals. The 3-Year Share Buyback Ratio measures the average annual proportion of a company's outstanding shares repurchased over the past three years. It is calculated as the annualized percentage change in shares outstanding from three years ago to the current year. View historical data for Tencent Music Entertainment Group and its competitors. Tencent Music Entertainment Group's current 3-Year Share Buyback Ratio is 3.30. 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 $15.50, compared to a current price of $9.53 — trading 38.5% below its estimated fair value. The current 3-Year Share Buyback Ratio is 3.30. Tencent Music Entertainment Group's overall GF Score™ is 76/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is 3-Year Share Buyback Ratio calculated?
3-Year Share Buyback Ratio is calculated from a company's financial statements. For Tencent Music Entertainment Group (TME), the current 3-Year Share Buyback Ratio is 3.30 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 (TME) Overvalued in 2026?
Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued.
The current stock price of $9.53 is trading 38.5% below its estimated GF Value™ of $15.50.
GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.
Key valuation signals for TME:
3-Year Share Buyback Ratio: 3.30
GF Value™: $15.50 vs. price of $9.53 (38.5% 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.
76GF Score
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3-Year Share Buyback Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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