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Tencent Music Entertainment Group
TME
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US Flag

NYSE

20B

Internet Content & Information

Next Earning date - 12 Nov 2024

20B

Internet Content & Information

Next Earning date - 12 Nov 2024

11.49USD
Shape0.06 ( 0.52%)
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Relative Strenght

98
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Volume Buzz

-53%
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Earning Acce

Yes
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Dist 52w H.

27%

Quote Panel

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Updated October 27, 2024
1W -2.38 % 1M -4.65 % 3M -17.87 % 1Y 58.70 %

Key Metrics

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  • Market Cap

    19.93B


  • Shares Outstanding

    1.38B


  • Share in Float

    1.36B


  • Dividende

    0.14


  • Earning Date

    12 Nov 2024


  • Price Target

    11.49


  • Average Volume

    10.15M


  • Beta

    0.652


  • Range

    6.765-15.77


  • Industry

    Internet Content & Information


  • Website

    https://www.tencentmusic.com


  • Sector

    Communication Services


Fundamentals

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20.16x

P/E Ratio

5.18x

P/S Ratio

2.06x

P/B Ratio

0.1

Debt/Equity

20.4%

Net Margin

$0.5

EPS

How TME compares to sector?

P/E Ratio

Relative Strength

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TME

Sector

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Top 5 RS in Group

Symbol

Company

RS

5-Day Perf.

Forecast

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$31B

Shape334%

2025-Revenue

$33.98

Shape22556%

2025-EPS

$5B

Shape143%

2025-EBITDA

Analyst rating

No Data Available

Last analyst upgrade/downgrade

Morgan Stanley

downgrade

Previous: Overweight

2024-09-25

Now: Equal-Weight

Daiwa

downgrade

Previous: Not converted

2024-08-13

Now: Neutral

Goldman Sachs

upgrade

Previous: Sell

2024-03-20

Now: Buy

Macquarie

upgrade

Previous: Neutral

2024-01-10

Now: Outperform

Earnings GrowthShape

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Current

Estimates

Q3.22

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+33%

0.12
vs 0.09

Q4.22

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+63%

0.13
vs 0.08

Q1.23

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+44%

0.13
vs 0.09

Q2.23

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+44%

0.13
vs 0.09

Q3.23

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N/A

0.12
vs 0.12

Q4.23

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+8%

0.14
vs 0.13

Q1.24

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+15%

0.15
vs 0.13

Q2.24

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+23%

0.16
vs 0.13

Q3.24

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+842%

1.13
vs 0.12

Q4.24

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+770%

1.22
vs 0.14

Sales GrowthShape

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Current

Estimates

Q3.22

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-6%

7.4B  vs 7.8B

Q4.22

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-2%

7.4B  vs 7.6B

Q1.23

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+5%

7B  vs 6.6B

Q2.23

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+6%

7.3B  vs 6.9B

Q3.23

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-11%

6.6B  vs 7.4B

Q4.23

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-7%

6.9B  vs 7.4B

Q1.24

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-3%

6.8B  vs 7B

Q2.24

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-2%

7.2B  vs 7.3B

Q3.24

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+7%

7B  vs 6.6B

Q4.24

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+7%

7.4B  vs 6.9B

Return on EquityShape

status-upQoQ

Q3.22

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+2%

0.02
vs 0.02

Q4.22

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+2%

0.02
vs 0.02

Q1.23

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+2%

0.02
vs 0.02

Q2.23

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+2%

0.02
vs 0.02

Q3.23

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+2%

0.02
vs 0.02

Q4.23

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+2%

0.02
vs 0.02

Q1.24

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+2%

0.02
vs 0.02

Q2.24

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+3%

0.03
vs 0.02

Institutionnal OwnershipShape

status-upQoQ

Q3.22

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248

248
vs 246

1%

Q4.22

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259

259
vs 248

4%

Q1.23

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266

266
vs 259

3%

Q2.23

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288

288
vs 266

8%

Q3.23

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259

259
vs 288

-10%

Q4.23

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266

266
vs 259

3%

Q1.24

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302

302
vs 266

14%

Q2.24

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331

331
vs 302

10%

Earnings Growth

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