TME

Tencent Music Entertainment Group

$9.33

-0.53%

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform.

Source: Yahoo Finance
AI summary

Price & performance

1M+20.1%
3M-0.8%
YTD-45.7%
1Y-56.8%
52-week range—
Beta0.74
Full chart and returns against a benchmark

Q-Score

59/ 100

Quality against peers; 50 is the peer median.

Growth56
Risk56
Performance51
Valuation54
Profitability58
Leverage79
Sentiment30
Every score and metric

News sentiment

Open News

Latest results · FY 2024

Revenue$3.9B-0.3%
Net income$974.1M+32.6%
Net margin25.0%+6.2 pts
Historical fundamentals

Revenue exposure

Regions, segments, customers and suppliers

Valuation

TMEIndustryP/E15.6115.90P/S3.917.10EV/EBITDA11.2318.71P/B1.645.18PEG0.480.21
Dividend yield1.36%
Every valuation metric

Earnings

Nov 17next report, before the open
EPS estimate$1.50
Beats (last 4 quarters)—
Average surprise—
EPS revisions (30d)—
Every quarter against its estimate