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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$25.58 +2.88 (+12.70%)
As of 02:38 PM Eastern
This is a fair market value price provided by Polygon.io. Learn more.

TME vs. SPOT, AMX, CHT, WBD, TEF, VOD, FOXA, FWONK, TU, and FOX

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), Warner Bros. Discovery (WBD), Telefonica (TEF), Vodafone Group (VOD), FOX (FOXA), Liberty Media Corporation - Liberty Formula One Series C (FWONK), TELUS (TU), and FOX (FOX). 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 investment? We will compare the two businesses based on the strength of their earnings, dividends, media sentiment, valuation, profitability, institutional ownership, risk and analyst recommendations.

84.1% of Spotify Technology shares are owned by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. 0.4% of Spotify Technology shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

Tencent Music Entertainment Group has a net margin of 32.73% 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 32.73%10.95%8.40%

Spotify Technology has higher revenue and earnings 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$16.96B8.35$1.23B$4.12167.98
Tencent Music Entertainment Group$3.89B11.25$924.18M$0.8430.36

In the previous week, Spotify Technology had 32 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 46 mentions for Spotify Technology and 14 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.44 beat Spotify Technology's score of 1.27 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
39 Very Positive mention(s)
1 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tencent Music Entertainment Group
7 Very Positive mention(s)
6 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Spotify Technology has a beta of 1.69, indicating that its stock price is 69% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 0.5, indicating that its stock price is 50% less volatile than the S&P 500.

Spotify Technology presently has a consensus price target of $718.90, suggesting a potential upside of 3.87%. Tencent Music Entertainment Group has a consensus price target of $16.60, suggesting a potential downside of 34.91%. Given Spotify Technology's higher probable upside, 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)
10 Hold rating(s)
20 Buy rating(s)
0 Strong Buy rating(s)
2.67
Tencent Music Entertainment Group
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91

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$43.83B$16.20B$8.19B$20.82B
Dividend Yield0.79%2.85%3.23%3.65%
P/E Ratio30.4031.5418.9428.38
Price / Sales11.252.924.6160.02
Price / Cash34.2316.6014.3217.60
Price / Book4.511.964.854.65
Net Income$924.18M-$285.69M$227.36M$994.60M
7 Day Performance18.35%0.93%0.23%1.10%
1 Month Performance28.81%-0.91%3.24%0.08%
1 Year Performance94.25%48.61%23.43%17.47%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
2.4569 of 5 stars
$25.58
+12.7%
$16.60
-35.1%
+75.4%$43.86B$3.89B30.435,353News Coverage
Positive News
Analyst Downgrade
Gap Up
SPOT
Spotify Technology
4.4892 of 5 stars
$660.37
+5.3%
$718.90
+8.9%
+102.9%$135.18B$16.61B160.287,691Positive News
AMX
America Movil
2.7919 of 5 stars
$17.95
-0.1%
$16.92
-5.7%
+10.9%$54.47B$47.69B19.09178,468
CHT
Chunghwa Telecom
1.3473 of 5 stars
$43.73
-0.1%
N/A+19.3%$33.92B$7.16B29.3532,452Earnings Report
WBD
Warner Bros. Discovery
3.0038 of 5 stars
$12.80
-0.5%
$12.66
-1.1%
+53.5%$31.42B$39.32B-2.9135,000Earnings Report
TEF
Telefonica
1.6042 of 5 stars
$5.29
+1.3%
N/A+23.0%$30.00B$44.71B-11.02100,870Positive News
VOD
Vodafone Group
4.5172 of 5 stars
$11.04
+0.7%
$136.00
+1,131.9%
+21.9%$28.92B$37.45B9.6892,000
FOXA
FOX
2.6327 of 5 stars
$56.98
+2.6%
$53.53
-6.1%
+38.6%$25.62B$13.98B14.1710,200Positive News
Earnings Report
Analyst Downgrade
FWONK
Liberty Media Corporation - Liberty Formula One Series C
2.9592 of 5 stars
$99.26
+0.3%
$107.56
+8.4%
+29.0%$24.76B$3.32B-248.156,800News Coverage
Positive News
Earnings Report
TU
TELUS
2.7674 of 5 stars
$15.72
+0.8%
$21.50
+36.8%
-2.3%$23.97B$20.42B34.17106,800
FOX
FOX
3.9689 of 5 stars
$52.02
+2.5%
N/A+35.6%$23.39B$13.98B12.9410,600Trending News
Earnings Report

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This page (NYSE:TME) was last updated on 8/12/2025 by MarketBeat.com Staff
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