Tencent Music Entertainment Group (TME)

Tencent Music Entertainment Group (TME) Stock Price & Analysis


TME Stock Chart & Stats

Day’s Range$0 - $0
52-Week Range$5.70 - $9.29
Previous Close$8.43
Average Volume (3M)7.52M
Market Cap
Enterprise Value$5.10B
Total Cash (Recent Filing)¥15.62B
Total Debt (Recent Filing)¥5.96B
Price to Earnings (P/E)19.5
Mar 18, 2024
Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.43
Shares Outstanding1,716,077,131
10 Day Avg. Volume7,839,047
30 Day Avg. Volume7,521,070
Standard Deviation0.18
Financial Highlights & Ratios
Price to Book (P/B)0.61
Price to Sales (P/S)0.51
Price to Cash Flow (P/CF)N/A
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Price Target Upside5.69% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering8



Ownership Overview

6.32% Mutual Funds
24.61% Other Institutional Investors
69.06% Public Companies and Individual Investors


What was Tencent Music Entertainment Group’s price range in the past 12 months?
Tencent Music Entertainment Group lowest stock price was $5.70 and its highest was $9.29 in the past 12 months.
    What is Tencent Music Entertainment Group’s market cap?
    Currently, no data Available
    When is Tencent Music Entertainment Group’s upcoming earnings report date?
    Tencent Music Entertainment Group’s upcoming earnings report date is Mar 18, 2024 which is in 105 days.
      How were Tencent Music Entertainment Group’s earnings last quarter?
      Tencent Music Entertainment Group released its earnings results on Nov 14, 2023. The company reported $0.105 earnings per share for the quarter, missing the consensus estimate of $0.112 by -$0.007.
        Is Tencent Music Entertainment Group overvalued?
        According to Wall Street analysts Tencent Music Entertainment Group’s price is currently Undervalued. Get more investment ideas with TipRanks Premium
          Does Tencent Music Entertainment Group pay dividends?
          Tencent Music Entertainment Group does not currently pay dividends.
          What is Tencent Music Entertainment Group’s EPS estimate?
          Tencent Music Entertainment Group’s EPS estimate is $0.13.
            How many shares outstanding does Tencent Music Entertainment Group have?
            Tencent Music Entertainment Group has 858,507,570 shares outstanding.
              What happened to Tencent Music Entertainment Group’s price movement after its last earnings report?
              Tencent Music Entertainment Group reported an EPS of $0.105 in its last earnings report, missing expectations of $0.112. Following the earnings report the stock price went up 3.096%.
                Which hedge fund is a major shareholder of Tencent Music Entertainment Group?
                Among the largest hedge funds holding Tencent Music Entertainment Group’s share is Bridgewater Associates, LP. It holds Tencent Music Entertainment Group’s shares valued at 12M.


                  Company Description

                  Tencent Music Entertainment Group

                  Incorporated in 2012, China-based Tencent Music Entertainment Group is an online music entertainment platform that provides music streaming, online karaoke, and live streaming services services. The company is a subsidiary of Tencent Holdings Limited.


                  Top 5 ETFs holding TME

                  Market Value
                  Smart Score
                  KraneShares CSI China Internet ETF
                  iShares MSCI China ETF
                  Xtrackers MSCI China UCITS ETF 1D Distribution
                  Franklin FTSE China UCITS ETF USD
                  CI Galaxy Metaverse ETF
                  Up to five ETFs with an Outperform Smart Score that hold TME. The ETFs are listed according to market value of TME within the ETF

                  Forecast EPS vs Actual EPS

                  Similar Stocks
                  Price & Change
                  Spotify Technology SA
                  Sirius XM Holdings
                  Live Nation Entertainment

                  Popular Stocks

                  What's Included in PREMIUM?
                  Make informed decisions based on Top Analysts' activity
                  Know what industry insiders are buying
                  Get actionable alerts from top Wall Street Analysts
                  Find out before anyone else which stock is going to shoot up
                  Get powerful stock screeners & detailed portfolio analysis