TME vs. NET, VOD, SNAP, MDB, WDC, KEYS, ZS, GIB, FTV, and MSTR
Should you be buying Tencent Music Entertainment Group stock or one of its competitors? The main competitors of Tencent Music Entertainment Group include Cloudflare (NET), Vodafone Group Public (VOD), Snap (SNAP), MongoDB (MDB), Western Digital (WDC), Keysight Technologies (KEYS), Zscaler (ZS), CGI (GIB), Fortive (FTV), and MicroStrategy (MSTR).
Cloudflare (NYSE:NET) and Tencent Music Entertainment Group (NYSE:TME) are both large-cap computer and technology companies, but which is the better business? We will contrast the two companies based on the strength of their profitability, community ranking, media sentiment, institutional ownership, valuation, dividends, risk, analyst recommendations and earnings.
Tencent Music Entertainment Group has a net margin of 18.88% compared to Tencent Music Entertainment Group's net margin of -13.10%. Cloudflare's return on equity of 9.85% beat Tencent Music Entertainment Group's return on equity.
82.7% of Cloudflare shares are owned by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. 12.8% of Cloudflare shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.
Cloudflare presently has a consensus price target of $91.87, indicating a potential upside of 22.22%. Tencent Music Entertainment Group has a consensus price target of $12.75, indicating a potential downside of 15.82%. Given Tencent Music Entertainment Group's higher probable upside, analysts clearly believe Cloudflare is more favorable than Tencent Music Entertainment Group.
In the previous week, Tencent Music Entertainment Group had 12 more articles in the media than Cloudflare. MarketBeat recorded 21 mentions for Tencent Music Entertainment Group and 9 mentions for Cloudflare. Cloudflare's average media sentiment score of 1.03 beat Tencent Music Entertainment Group's score of 0.66 indicating that Tencent Music Entertainment Group is being referred to more favorably in the news media.
Tencent Music Entertainment Group has higher revenue and earnings than Cloudflare. Cloudflare is trading at a lower price-to-earnings ratio than Tencent Music Entertainment Group, indicating that it is currently the more affordable of the two stocks.
Cloudflare has a beta of 1.15, meaning that its share price is 15% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 0.77, meaning that its share price is 23% less volatile than the S&P 500.
Cloudflare received 56 more outperform votes than Tencent Music Entertainment Group when rated by MarketBeat users. However, 57.71% of users gave Tencent Music Entertainment Group an outperform vote while only 51.04% of users gave Cloudflare an outperform vote.
Summary
Tencent Music Entertainment Group beats Cloudflare on 11 of the 17 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding TME and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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