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Tencent Music Entertainment Group

TME
View Detailed Chart
17.810USD
-0.060-0.34%
Close 12/19, 16:00ETQuotes delayed by 15 min
12.76BMarket Cap
17.98P/E TTM

Tencent Music Entertainment Group

17.810
-0.060-0.34%
Intraday
1m
30m
1h
D
W
M
D

Today

-0.34%

5 Days

-2.25%

1 Month

+0.74%

6 Months

-3.63%

Year to Date

+56.92%

1 Year

+49.04%

View Detailed Chart

Key Insights

Tencent Music Entertainment Group's fundamentals are relatively very healthy, and its growth potential is high.Its valuation is considered fairly valued, ranking 91/482 in the Software & IT Services industry.Institutional ownership is very high.Over the past month, multiple analysts have rated it as Buy, with the highest price target at 25.87.In the medium term, the stock price is expected to trend down.Despite an average stock market performance over the past month, the company shows strong fundamentals and technicals.The stock price is trading sideways between the support and resistance levels, making it suitable for range-bound swing trading.

Tencent Music Entertainment Group's Score

Industry at a Glance

Industry Ranking
91 / 482
Overall Ranking
158 / 4582
Industry
Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score
Previous score

Analyst Rating

Based on 31 analysts
Buy
Current Rating
25.873
Target Price
+39.18%
Upside Space
Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Tencent Music Entertainment Group Highlights

StrengthsRisks
Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio.
High Profit Growth
The company's net income leads the industry, with the latest annual income totaling USD 3.93B.
High Dividend
The company is a high dividend payer, with the latest dividend payout ratio of 22.70%.
Undervalued
The company’s latest PE is 17.96, at a low 3-year percentile range.
Institutional Selling
The latest institutional holdings are 476.66M shares, decreasing 20.64% quarter-over-quarter.
Held by Frank Sands
Star Investor Frank Sands holds 5.14K shares of this stock.

Financial Indicators

EPS

Relevant data have not been disclosed by the company yet.

Total revenue

Relevant data have not been disclosed by the company yet.

Tencent Music Entertainment Group Info

Tencent Music Entertainment Group is a holding company mainly engaged in the provision and operation of online music entertainment platform. The Company is mainly engaged in the provision of online music services, social entertainment services and other services. The Company operates four major product brands, QQ Music, Kugou Music, Kuwo Music and WeSing, through which the Company provides online music and social entertainment services to address the music entertainment needs of audience in China. The Company also offers Lazy Audio, the dedicated long-form audio app as a complement to the flagship music-centric product portfolio.
Ticker SymbolTME
CompanyTencent Music Entertainment Group
CEOLiang (Zhu)
Websitehttps://www.tencentmusic.com/

FAQs

What is the current price of Tencent Music Entertainment Group (TME)?

The current price of Tencent Music Entertainment Group (TME) is 17.810.

What is the symbol of Tencent Music Entertainment Group?

The ticker symbol of Tencent Music Entertainment Group is TME.

What is the 52-week high of Tencent Music Entertainment Group?

The 52-week high of Tencent Music Entertainment Group is 26.700.

What is the 52-week low of Tencent Music Entertainment Group?

The 52-week low of Tencent Music Entertainment Group is 10.260.

What is the market capitalization of Tencent Music Entertainment Group?

The market capitalization of Tencent Music Entertainment Group is 12.76B.

What is the net income of Tencent Music Entertainment Group?

The net income of Tencent Music Entertainment Group is 6.64B.

Is Tencent Music Entertainment Group (TME) currently rated as Buy, Hold, or Sell?

According to analysts, Tencent Music Entertainment Group (TME) has an overall rating of Buy, with a price target of 25.873.

What is the Earnings Per Share (EPS TTM) of Tencent Music Entertainment Group (TME)?

The Earnings Per Share (EPS TTM) of Tencent Music Entertainment Group (TME) is 0.991.
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