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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$23.26 +0.83 (+3.68%)
As of 03:34 PM Eastern
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TME vs. SPOT, AMX, WBD, CHT, TEF, FOXA, VOD, ASTS, FOX, and FWONK

Should you be buying Tencent Music Entertainment Group stock or one of its competitors? The main competitors of Tencent Music Entertainment Group include Spotify Technology (SPOT), America Movil (AMX), Warner Bros. Discovery (WBD), Chunghwa Telecom (CHT), Telefonica (TEF), FOX (FOXA), Vodafone Group (VOD), AST SpaceMobile (ASTS), FOX (FOX), and Liberty Media Corporation - Liberty Formula One Series C (FWONK). These companies are all part of the "communication" industry.

Tencent Music Entertainment Group vs. Its Competitors

Spotify Technology (NYSE:SPOT) and Tencent Music Entertainment Group (NYSE:TME) are both large-cap communication companies, but which is the better stock? We will compare the two businesses based on the strength of their media sentiment, analyst recommendations, profitability, earnings, risk, institutional ownership, dividends and valuation.

Spotify Technology has higher earnings, but lower revenue than Tencent Music Entertainment Group. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than Spotify Technology, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Spotify Technology$16.61B8.53$1.23B$4.12167.97
Tencent Music Entertainment Group$30.27B1.32$924.18M$0.9125.55

In the previous week, Spotify Technology had 33 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 42 mentions for Spotify Technology and 9 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.15 beat Spotify Technology's score of 1.09 indicating that Tencent Music Entertainment Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Spotify Technology
30 Very Positive mention(s)
4 Positive mention(s)
5 Neutral mention(s)
1 Negative mention(s)
1 Very Negative mention(s)
Positive
Tencent Music Entertainment Group
6 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
1 Very Negative mention(s)
Positive

Tencent Music Entertainment Group has a net margin of 33.72% compared to Spotify Technology's net margin of 4.76%. Spotify Technology's return on equity of 13.67% beat Tencent Music Entertainment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Spotify Technology4.76% 13.67% 6.46%
Tencent Music Entertainment Group 33.72%10.75%8.39%

84.1% of Spotify Technology shares are held by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 0.4% of Spotify Technology shares are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock will outperform the market over the long term.

Spotify Technology has a beta of 1.67, suggesting that its share price is 67% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 0.51, suggesting that its share price is 49% less volatile than the S&P 500.

Spotify Technology currently has a consensus price target of $731.16, indicating a potential upside of 5.65%. Tencent Music Entertainment Group has a consensus price target of $24.47, indicating a potential upside of 5.23%. Given Spotify Technology's higher possible upside, research analysts clearly believe Spotify Technology is more favorable than Tencent Music Entertainment Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Spotify Technology
0 Sell rating(s)
12 Hold rating(s)
21 Buy rating(s)
1 Strong Buy rating(s)
2.68
Tencent Music Entertainment Group
0 Sell rating(s)
0 Hold rating(s)
10 Buy rating(s)
2 Strong Buy rating(s)
3.17

Summary

Spotify Technology beats Tencent Music Entertainment Group on 11 of the 17 factors compared between the two stocks.

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New MarketBeat Followers Over Time

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.
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Media Sentiment Over Time

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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TME vs. The Competition

MetricTencent Music Entertainment GroupMEDIA CONGLOM IndustryDiscretionary SectorNYSE Exchange
Market Cap$39.89B$15.84B$8.22B$21.67B
Dividend Yield0.74%2.89%3.14%3.65%
P/E Ratio25.5435.5817.8729.64
Price / Sales1.323.096.0796.53
Price / Cash34.6917.4614.2617.79
Price / Book4.122.044.874.62
Net Income$924.18M$446.53M$255.96M$1.01B
7 Day Performance1.46%-3.83%-4.06%-2.03%
1 Month Performance-6.91%-3.60%-4.44%0.37%
1 Year Performance81.96%19.94%34.51%13.23%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
3.6657 of 5 stars
$23.26
+3.7%
$24.47
+5.2%
+75.7%$39.89B$30.27B25.545,353Positive News
SPOT
Spotify Technology
4.6869 of 5 stars
$680.28
0.0%
$731.16
+7.5%
+83.5%$139.26B$16.96B165.127,691Positive News
AMX
America Movil
3.3161 of 5 stars
$20.86
-0.5%
$19.75
-5.3%
+31.1%$63.00B$47.69B22.19178,468Upcoming Earnings
WBD
Warner Bros. Discovery
2.2326 of 5 stars
$19.08
+0.5%
$15.69
-17.7%
+127.4%$47.24B$38.44B63.6035,000Trending News
Gap Up
CHT
Chunghwa Telecom
0.8844 of 5 stars
$43.25
-0.2%
N/A+13.9%$33.63B$7.16B28.2732,452Positive News
TEF
Telefonica
1.3058 of 5 stars
$4.94
-1.4%
N/A+5.1%$28.01B$44.71B-10.29100,870
FOXA
FOX
1.7158 of 5 stars
$61.38
-0.9%
$57.20
-6.8%
+38.4%$27.35B$16.30B12.5010,400
VOD
Vodafone Group
4.7515 of 5 stars
$11.29
-0.6%
$136.00
+1,104.6%
+17.1%$27.22B$39.39B9.9092,000
ASTS
AST SpaceMobile
1.5766 of 5 stars
$72.90
+7.6%
$45.27
-37.9%
+239.2%$26.14B$4.42M-38.57390Gap Up
FOX
FOX
2.7653 of 5 stars
$55.07
-1.2%
N/A+35.3%$24.54B$16.30B11.2210,600Trending News
FWONK
Liberty Media Corporation - Liberty Formula One Series C
2.86 of 5 stars
$108.33
+3.3%
$111.22
+2.7%
+30.9%$24.23B$3.32B106.216,800Positive News

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This page (NYSE:TME) was last updated on 10/13/2025 by MarketBeat.com Staff
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