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Tencent Music Entertainment Group

TME

16.340USD

+0.410+2.57%

Close 02/06, 16:00（ET）Quotes delayed by 15 min

11.71BMarket Cap

16.49P/E TTM



Tencent Music Entertainment Group

16.340

+0.410+2.57%

Overview Financials Analysis Company

TradingKey Stock Score

Overall Financial Health

Valuation Dimensions

Earnings Forecast

Price Momentum

Institutional Confidence

Risk Assessment

Peer Comparison

Overview

Financials

Analysis

Company

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: 2026-02-06

Key Insights

Tencent Music Entertainment Group's fundamentals are relatively very healthy, with an industry-leading ESG disclosure.and its growth potential is high.Its valuation is considered fairly valued, ranking 66 out of 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 25.45.In the medium term, the stock price is expected to trend down.Despite a weak 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

66 / 482

Overall Ranking

155 / 4521

Industry

Software & IT Services

Support & Resistance

Relevant data have not been disclosed by the company yet.

Score Analysis

Current score

Previous score

Media Coverage

Last 24 hours

Coverage Level

Very Low

Very High

Neutral

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 16.49, at a low 3-year percentile range.

Institutional Selling

The latest institutional holdings are 459.83M shares, decreasing 16.77% quarter-over-quarter.

Held by Frank Sands

Star Investor Frank Sands holds 5.14K shares of this stock.

Analyst Rating

Based on 31 analysts

Buy

Current Rating

25.453

Target Price

+60.69%

Upside Space

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

Financial Health

Currency: USD Updated: 2026-02-06

The current financial score of Tencent Music Entertainment Group is 9.07, ranking 23 out of 482 in the Software & IT Services industry. Its financial status is robust, and its operating efficiency is high. Its latest quarterly revenue reached 1.19B, representing a year-over-year increase of 22.68%, while its net profit experienced a year-over-year increase of 38.30%.

Score

Industry at a Glance

Previous score

9.07

Change



Financials

8.60

Key Metrics

Cash and cash equivalents

Total assets

Total liabilities

Free cash flow

Relevant data have not been disclosed by the company yet.



Quality of Earnings

9.08

Key Metrics

Total revenue

Operating profit

Total assets

SG&A

Relevant data have not been disclosed by the company yet.



Operational Efficiency

9.94

Key Metrics

Cash flow from operating activities

Income after tax

Relevant data have not been disclosed by the company yet.



Growth Potential

10.00

Key Metrics

Cash flow from operating activities

Total revenue

Relevant data have not been disclosed by the company yet.



Shareholder Returns

7.74

Key Metrics

Free cash flow

Relevant data have not been disclosed by the company yet.

Tencent Music Entertainment Group's Company Valuation

Currency: USD Updated: 2026-02-06

The current valuation score of Tencent Music Entertainment Group is 6.10, ranking 392 out of 482 in the Software & IT Services industry. Its current P/E ratio is 16.49, which is 103.07% below the recent high of 33.49 and 14.99% 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 66/482

Relevant data have not been disclosed by the company yet.

Earnings Forecast

Currency: USD Updated: 2026-02-06

The current earnings forecast score of Tencent Music Entertainment Group is 8.13, ranking 97 out of 482 in the Software & IT Services industry. The average price target is 26.00, with a high of 30.00 and a low of 18.00.

Score

Industry at a Glance

Previous score

8.13

Change

Support & Resistance

Relevant data have not been disclosed by the company yet.

Analyst Rating

Based on 31 analysts

Buy

Current Rating

25.453

Target Price

+60.69%

Upside Space

Strong Buy

Buy

Hold

Sell

Strong Sell

Peer Comparison

112

Total

Median

Average

Company name

Ratings

Analysts

Tencent Music Entertainment Group

TME

Meta Platforms Inc

Financial Forecasting

EPS

Revenue

Net Profit

EBIT

Relevant data have not been disclosed by the company yet.

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: 2026-02-06

The current price momentum score of Tencent Music Entertainment Group is 7.01, ranking 129 out of 482 in the Software & IT Services industry. Currently, the stock price is trading between the resistance level at 17.66 and the support level at 15.31, making it suitable for range-bound swing trading.

Score

Industry at a Glance

Previous score

6.71

Change

0.3

Support & Resistance

Relevant data have not been disclosed by the company yet.

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(3)

Buy(1)

Indicators

Value

Direction

MACD(12,26,9)

-0.024

Sell

RSI(14)

42.027

Neutral

STOCH(KDJ)(9,3,3)

26.798

Neutral

ATR(14)

0.590

High Vlolatility

CCI(14)

-53.435

Neutral

Williams %R

65.747

Sell

TRIX(12,20)

-0.296

Sell

StochRSI(14)

100.000

Buy

Moving Average

Sell(5)

Neutral(0)

Buy(1)

Indicators

Value

Direction

MA5

16.212

Buy

MA10

16.611

Sell

MA20

16.727

Sell

MA50

17.478

Sell

MA100

19.886

Sell

MA200

19.927

Sell

Institutional Confidence

Currency: USD Updated: 2026-02-06

The current institutional shareholding score of Tencent Music Entertainment Group is 5.00, ranking 226 out of 482 in the Software & IT Services industry. The latest institutional shareholding proportion is 64.18%, representing a quarter-over-quarter decrease of 3.53%. The largest institutional shareholder is The Vanguard, holding a total of 21.33M shares, representing 2.98% of shares outstanding, with 28.47% decrease in holdings.

Score

Industry at a Glance

Previous score

5.00

Change

Institutional Shareholding

Relevant data have not been disclosed by the company yet.

Shareholder Activity

Name

Shares Held

Chg %

Schroder Investment Management North America Inc.

33.18M

-16.85%

The Vanguard Group, Inc.

Star Investors

21.04M

-1.01%

Krane Funds Advisors, LLC

19.02M

+25.43%

Cantillon Capital Management LLC

18.45M

-1.26%

Schroder Investment Management Ltd. (SIM)

18.40M

+6.49%

BlackRock Institutional Trust Company, N.A.

16.00M

-16.53%

Baillie Gifford & Co.

Star Investors

13.01M

-22.64%

State Street Investment Management (US)

10.99M

-12.47%

JP Morgan Asset Management

10.84M

-15.71%

Capital World Investors

10.47M

-14.92%

Risk Assessment

Currency: USD Updated: 2026-02-06

The U.S. Dollar Index is currently in a neutral state, which has a neutral effect on the Software & IT Services domestic-focused industry. The Dollar Index (DXY) measures the value of the U.S. dollar against a basket of major currencies, including the euro, yen, pound sterling, Canadian dollar, Swedish krona, and Swiss franc. The current risk assessment score of Tencent Music Entertainment Group is 6.61, ranking 122 out of 482 in the Software & IT Services industry. The company's beta value is 0.53. This indicates that the stock tends to underperform the index during upward trending markets but experiences smaller declines during downward trending markets. Tencent Music Entertainment Group’s latest ESG disclosure leads the Software & IT Services industry, indicating outstanding, compliant performance across environmental management, social responsibility, and governance, which may help mitigate overall risk.