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NYSE:TME

Tencent Music Entertainment Group (TME) Stock Price, News & Analysis

Tencent Music Entertainment Group logo
$22.08 +0.12 (+0.52%)
As of 02:25 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

About Tencent Music Entertainment Group Stock (NYSE:TME)

Key Stats

Today's Range
$21.51
$22.16
50-Day Range
$16.83
$22.37
52-Week Range
$9.41
$22.50
Volume
2.43 million shs
Average Volume
7.38 million shs
Market Capitalization
$37.90 billion
P/E Ratio
26.28
Dividend Yield
0.77%
Price Target
$16.60
Consensus Rating
Moderate Buy

Company Overview

Tencent Music Entertainment Group Stock Analysis - MarketRank™

See Top-Rated MarketRank™ Stocks
53rd Percentile Overall Score

TME MarketRank™: 

Tencent Music Entertainment Group scored higher than 53% of companies evaluated by MarketBeat, and ranked 169th out of 285 stocks in the consumer discretionary sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

  • Consensus Rating

    Tencent Music Entertainment Group has received a consensus rating of Moderate Buy. The company's average rating score is 2.91, and is based on 8 buy ratings, 2 hold ratings, and no sell ratings.

  • Amount of Analyst Coverage

    Tencent Music Entertainment Group has only been the subject of 3 research reports in the past 90 days.

  • Read more about Tencent Music Entertainment Group's stock forecast and price target.
  • Earnings Growth

    Earnings for Tencent Music Entertainment Group are expected to grow by 25.40% in the coming year, from $0.63 to $0.79 per share.

  • Price to Earnings Ratio vs. the Market

    The P/E ratio of Tencent Music Entertainment Group is 26.36, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 28.05.

  • Price to Earnings Ratio vs. Sector

    The P/E ratio of Tencent Music Entertainment Group is 26.36, which means that it is trading at a more expensive P/E ratio than the Consumer Discretionary sector average P/E ratio of about 18.77.

  • Price to Book Value per Share Ratio

    Tencent Music Entertainment Group has a P/B Ratio of 3.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

  • Read more about Tencent Music Entertainment Group's valuation and earnings.
  • Percentage of Shares Shorted

    3.93% of the float of Tencent Music Entertainment Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Tencent Music Entertainment Group has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tencent Music Entertainment Group has recently decreased by 0.88%, indicating that investor sentiment is improving.
  • Dividend Yield

    Tencent Music Entertainment Group has a dividend yield of 0.80%, which is in the bottom 25% of all stocks that pay dividends.

  • Dividend Growth

    Tencent Music Entertainment Group does not have a long track record of dividend growth.

  • Dividend Coverage

    The dividend payout ratio of Tencent Music Entertainment Group is 20.24%. This payout ratio is at a healthy, sustainable level, below 75%.

  • Dividend Sustainability

    Based on earnings estimates, Tencent Music Entertainment Group will have a dividend payout ratio of 21.52% next year. This indicates that Tencent Music Entertainment Group will be able to sustain or increase its dividend.

  • Read more about Tencent Music Entertainment Group's dividend.
  • Percentage of Shares Shorted

    3.93% of the float of Tencent Music Entertainment Group has been sold short.
  • Short Interest Ratio / Days to Cover

    Tencent Music Entertainment Group has a short interest ratio ("days to cover") of 3.3, which is generally considered an acceptable ratio of short interest to trading volume.
  • Change versus previous month

    Short interest in Tencent Music Entertainment Group has recently decreased by 0.88%, indicating that investor sentiment is improving.
  • News Sentiment

    Tencent Music Entertainment Group has a news sentiment score of 1.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.56 average news sentiment score of Consumer Discretionary companies.
  • News Coverage This Week

    MarketBeat has tracked 11 news articles for Tencent Music Entertainment Group this week, compared to 8 articles on an average week.
  • Search Interest

    6 people have searched for TME on MarketBeat in the last 30 days. This is an increase of 500% compared to the previous 30 days.
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TME Stock News Headlines

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TME Stock Analysis - Frequently Asked Questions

Tencent Music Entertainment Group's stock was trading at $11.35 at the beginning of the year. Since then, TME shares have increased by 95.1% and is now trading at $22.1450.

Tencent Music Entertainment Group Sponsored ADR (NYSE:TME) released its earnings results on Tuesday, November, 14th. The company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.63. Tencent Music Entertainment Group's revenue was down 10.8% on a year-over-year basis.
Read the conference call transcript
.

Tencent Music Entertainment Group (TME) raised $1.1 billion in an initial public offering (IPO) on Wednesday, December 12th 2018. The company issued 82,000,000 shares at a price of $13.00-$15.00 per share. Morgan Stanley, Goldman Sachs (Asia), J.P. Morgan, Deutsche Bank Securities and BofA Merrill Lynch served as the underwriters for the IPO and Credit Suisse, CICC, Allen & Company, BOCI, China Renaissance. HSBC, KeyBanc Capital Markets and Stifel were co-managers.

Top institutional investors of Tencent Music Entertainment Group include Cantillon Capital Management LLC (1.09%), Mawer Investment Management Ltd. (0.59%), Allspring Global Investments Holdings LLC (0.28%) and Geode Capital Management LLC (0.26%).

Shares of TME stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.

Based on aggregate information from My MarketBeat watchlists, some other companies that Tencent Music Entertainment Group investors own include Zomedica (ZOM), NVIDIA (NVDA), Meta Platforms (META), Alibaba Group (BABA), Advanced Micro Devices (AMD), NIO (NIO) and PayPal (PYPL).

Company Calendar

Last Earnings
11/14/2023
Today
8/08/2025
Next Earnings (Estimated)
8/12/2025
Fiscal Year End
12/31/2025

Industry, Sector and Symbol

Stock Exchange
NYSE
Industry
MEDIA CONGLOM
Sub-Industry
Communication
Current Symbol
NYSE:TME
CIK
1744676
Fax
N/A
Employees
5,353
Year Founded
2012

Price Target and Rating

High Price Target
$26.20
Low Price Target
$13.00
Potential Upside/Downside
-24.5%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.91
Research Coverage
11 Analysts

Profitability

EPS (Trailing Twelve Months)
$0.84
Trailing P/E Ratio
26.18
Forward P/E Ratio
34.91
P/E Growth
N/A
Net Income
$924.18 million
Net Margins
32.73%
Pretax Margin
30.67%
Return on Equity
10.95%
Return on Assets
8.40%

Debt

Debt-to-Equity Ratio
0.05
Current Ratio
1.83
Quick Ratio
1.83

Sales & Book Value

Annual Sales
$3.89 billion
Price / Sales
9.70
Cash Flow
$0.65 per share
Price / Cash Flow
33.86
Book Value
$5.65 per share
Price / Book
3.89

Miscellaneous

Outstanding Shares
1,716,080,000
Free Float
N/A
Market Cap
$37.74 billion
Optionable
Optionable
Beta
0.50

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This page (NYSE:TME) was last updated on 8/8/2025 by MarketBeat.com Staff
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