TME vs. SPOT, AMX, CHT, TEF, WBD, VOD, FOXA, TU, FOX, and BCE
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), Chunghwa Telecom (CHT), Telefonica (TEF), Warner Bros. Discovery (WBD), Vodafone Group (VOD), FOX (FOXA), TELUS (TU), FOX (FOX), and BCE (BCE). 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 superior stock? We will contrast the two companies based on the strength of their profitability, dividends, earnings, risk, media sentiment, valuation, analyst recommendations and institutional ownership.
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.
In the previous week, Spotify Technology had 35 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 51 mentions for Spotify Technology and 16 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.64 beat Spotify Technology's score of 1.00 indicating that Tencent Music Entertainment Group is being referred to more favorably in the news media.
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.
Spotify Technology currently has a consensus price target of $720.07, indicating a potential upside of 5.40%. Tencent Music Entertainment Group has a consensus price target of $24.47, indicating a potential downside of 0.27%. Given Spotify Technology's higher possible upside, equities research analysts plainly believe Spotify Technology is more favorable than Tencent Music Entertainment Group.
Spotify Technology has a beta of 1.71, meaning that its stock price is 71% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 0.54, meaning that its stock price is 46% less volatile than the S&P 500.
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 endowments, hedge funds and large money managers believe a company is poised for long-term growth.
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.
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.
Tencent Music Entertainment Group Competitors List
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This page (NYSE:TME) was last updated on 9/1/2025 by MarketBeat.com Staff
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