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Tencent Music Entertainment Group

TME

22.500USD

-0.650-2.81%

Close 11/04, 16:00（ET）Quotes delayed by 15 min

16.12BMarket Cap

1.57P/E TTM



Tencent Music Entertainment Group

22.500

-0.650-2.81%

Overview Company Financials Analysis

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

Overview

Company

Financials

Analysis

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

TradingKey Stock Score of Tencent Music Entertainment Group

Currency: USD Updated: 2025-11-03

Key Insights

The company's fundamentals are relatively very healthy. Its valuation is considered fairly valued,and institutional recognition is very high. Over the past 30 days, multiple analysts have rated the company as a Buy. Despite an average stock market performance, 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

42 / 485

Overall Ranking

106 / 4617

Industry

Software & IT Services

Support & Resistance

No Data

Score Analysis

Current score

Previous score

Analyst Rating

Based on 31 analysts

Buy

Current Rating

27.490

Target Price

+23.16%

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%.

Overvalued

The company’s latest PE is 27.12, at a high 3-year percentile range.

Institutional Selling

The latest institutional holdings are 476.97M shares, decreasing 21.27% quarter-over-quarter.

Held by Bruce Richards

Star Investor Bruce Richards holds 2.86M shares of this stock.

Financial Health

Currency: USD Updated: 2025-11-03

The company's current financial score is 9.09, which is higher than the Software & IT Services industry's average of 7.26. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.18B, representing a year-over-year increase of 17.52%, while its net profit experienced a year-over-year increase of 42.76%.

Score

Industry at a Glance

Previous score

9.09

Change



Financials

10.00

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

No Data



Quality of Earnings

8.50

Key Metrics

Total revenue

Operating profit

Total assets

SG&A

No Data



Operational Efficiency

9.19

Key Metrics

Cash flow from operating activities

Income after tax

No Data



Growth Potential

10.00

Key Metrics

Cash flow from operating activities

Total revenue

No Data



Shareholder Returns

7.76

Key Metrics

Free cash flow

No Data

Tencent Music Entertainment Group's Company Valuation

Currency: USD Updated: 2025-11-03

The company’s current valuation score is 6.10, which is lower than the Software & IT Services industry's average of 7.30. Its current P/E ratio is 27.12, which is 23.52% below the recent high of 33.49 and 48.29% above the recent low of 14.02.

Score

Industry at a Glance

Previous score

6.10

Change

Valuation Dimensions

P/E

P/B

P/S

P/CF

Industry Ranking 42/485

No Data

Earnings Forecast

Currency: USD Updated: 2025-11-03

The company’s current earnings forecast score is 8.06, which is higher than the Software & IT Services industry's average of 7.59. The average price target for Tencent Music Entertainment Group is 28.00, with a high of 30.00 and a low of 18.00.

Score

Industry at a Glance

Previous score

8.13

Change

-0.07

Support & Resistance

No Data

Analyst Rating

Based on 31 analysts

Buy

Current Rating

27.490

Target Price

+18.75%

Upside Space

Strong Buy

Buy

Hold

Sell

Strong Sell

Peer Comparison

104

Total

Median

Average

Company name

Ratings

Analysts

Tencent Music Entertainment Group

TME

Meta Platforms Inc

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

No Data

Data disclaimer: Analyst ratings and target prices are provided by LSEG for informational purposes only and do not constitute investment advice.

Price Momentum

Currency: USD Updated: 2025-11-03

The company’s current price momentum score is 8.80, which is higher than the Software & IT Services industry's average of 6.87. Sideways: Currently, the stock price is trading between the resistance level at 24.05 and the support level at 22.05, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score

6.91

Change

1.89

Support & Resistance

No Data

Indicators



The Indicators feature provides value and direction analysis for various instruments under a selection of technical indicators, together with a technical summary.

This feature includes nine of the commonly used technical indicators: MACD, RSI, KDJ, StochRSI, ATR, CCI, WR, TRIX and MA. You may also adjust the timeframe depending on your needs.

Please note that technical analysis is only part of investment reference, and there is no absolute standard for using numerical values to assess direction. The results are for reference only, and we are not responsible for the accuracy of the indicator calculations and summaries.

Indicators

Sell(3)

Neutral(4)

Buy(0)

Indicators

Value

Direction

MACD(12,26,9)

0.061

Neutral

RSI(14)

45.100

Neutral

STOCH(KDJ)(9,3,3)

39.820

Neutral

ATR(14)

0.662

High Vlolatility

CCI(14)

-26.143

Neutral

Williams %R

67.082

Sell

TRIX(12,20)

-0.166

Sell

StochRSI(14)

46.271

Sell

Moving Average

Sell(5)

Neutral(0)

Buy(1)

Indicators

Value

Direction

MA5

22.612

Sell

MA10

22.821

Sell

MA20

22.823

Sell

MA50

23.814

Sell

MA100

22.603

Sell

MA200

18.298

Buy

Institutional Confidence

Currency: USD Updated: 2025-11-03

The company’s current institutional recognition score is 5.00, which is lower than the Software & IT Services industry's average of 5.79. The latest institutional shareholding proportion is 66.58%, representing a quarter-over-quarter decrease of 11.95%. The largest institutional shareholder is The Vanguard, holding a total of 21.25M shares, representing 2.97% of shares outstanding, with 27.76% decrease in holdings.

Score

Industry at a Glance

Previous score

5.00

Change

Institutional Shareholding

No Data

Shareholder Activity

Name

Shares Held

Chg %

Schroder Investment Management North America Inc.

39.90M

+0.09%

The Vanguard Group, Inc.

Star Investors

21.25M

-28.73%

BlackRock Institutional Trust Company, N.A.

19.17M

-3.72%

Cantillon Capital Management LLC

18.69M

-2.87%

Schroder Investment Management Ltd. (SIM)

17.28M

+4.22%

Krane Funds Advisors, LLC

15.16M

-36.78%

Baillie Gifford & Co.

Star Investors

16.81M

-16.67%

JP Morgan Asset Management

12.86M

+18.85%

State Street Investment Management (US)

12.55M

+1.26%

Capital World Investors

12.31M

-12.47%

Risk Assessment

Currency: USD Updated: 2025-11-03

The company’s current risk assessment score is 6.94, which is higher than the Software & IT Services industry's average of 4.86. The company's beta value is 0.50. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets.