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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$21.34 +0.05 (+0.25%)
Closing price 07/22/2025 03:58 PM Eastern
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$21.46 +0.11 (+0.52%)
As of 05:58 AM Eastern
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TME vs. SPOT, AMX, CHT, WBD, TEF, VOD, FWONK, TU, FOXA, 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), Liberty Media Corporation - Liberty Formula One Series C (FWONK), TELUS (TU), FOX (FOXA), and FOX (FOX). These companies are all part of the "communication" industry.

Tencent Music Entertainment Group vs. Its Competitors

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

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
Tencent Music Entertainment Group$3.89B9.41$924.18M$0.8425.41
Spotify Technology$16.96B8.17$1.23B$6.03112.25

Tencent Music Entertainment Group has a beta of 0.55, indicating that its share price is 45% less volatile than the S&P 500. Comparatively, Spotify Technology has a beta of 1.68, indicating that its share price is 68% more volatile than the S&P 500.

In the previous week, Spotify Technology had 29 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 36 mentions for Spotify Technology and 7 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.55 beat Spotify Technology's score of 1.33 indicating that Tencent Music Entertainment Group is being referred to more favorably in the media.

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

Tencent Music Entertainment Group currently has a consensus price target of $16.60, suggesting a potential downside of 22.23%. Spotify Technology has a consensus price target of $701.31, suggesting a potential upside of 3.61%. Given Spotify Technology's higher possible upside, analysts plainly believe Spotify Technology is more favorable than Tencent Music Entertainment Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tencent Music Entertainment Group
0 Sell rating(s)
2 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.91
Spotify Technology
1 Sell rating(s)
8 Hold rating(s)
19 Buy rating(s)
0 Strong Buy rating(s)
2.64

Tencent Music Entertainment Group has a net margin of 32.73% compared to Spotify Technology's net margin of 7.19%. Spotify Technology's return on equity of 22.53% beat Tencent Music Entertainment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group32.73% 10.95% 8.40%
Spotify Technology 7.19%22.53%10.25%

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

Summary

Spotify Technology beats Tencent Music Entertainment Group on 12 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$36.54B$16.88B$8.29B$20.75B
Dividend Yield0.82%2.60%3.17%3.65%
P/E Ratio25.4140.8521.2327.65
Price / Sales9.412.883.2754.26
Price / Cash32.9317.3616.5522.19
Price / Book3.782.064.804.65
Net Income$924.18M-$285.69M$214.79M$993.85M
7 Day Performance-0.42%2.95%1.98%1.86%
1 Month Performance16.32%13.39%43.88%5.63%
1 Year Performance39.69%45.93%16.11%10.35%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
2.2618 of 5 stars
$21.34
+0.3%
$16.60
-22.2%
+43.3%$36.54B$3.89B25.415,353Positive News
SPOT
Spotify Technology
4.2787 of 5 stars
$705.15
+1.4%
$701.31
-0.5%
+129.2%$144.35B$16.96B116.947,691Positive News
Upcoming Earnings
AMX
America Movil
2.482 of 5 stars
$17.18
+0.4%
$16.78
-2.3%
-3.4%$52.13B$47.69B31.81178,468News Coverage
Positive News
CHT
Chunghwa Telecom
0.7596 of 5 stars
$43.88
+0.2%
N/A+20.5%$34.04B$7.16B29.4532,452
WBD
Warner Bros. Discovery
2.1022 of 5 stars
$12.80
+0.4%
$12.41
-3.0%
+50.3%$31.42B$39.32B-2.9135,000
TEF
Telefonica
2.0907 of 5 stars
$5.26
+1.4%
N/A+17.2%$29.80B$44.71B-13.83100,870Upcoming Earnings
VOD
Vodafone Group
4.8022 of 5 stars
$11.13
+1.5%
N/A+24.8%$29.16B$39.39B9.7692,000Upcoming Earnings
FWONK
Liberty Media Corporation - Liberty Formula One Series C
1.9081 of 5 stars
$102.85
-0.6%
$103.00
+0.1%
+30.8%$25.65B$3.32B-257.136,800News Coverage
Positive News
Analyst Forecast
TU
TELUS
3.4749 of 5 stars
$16.44
+1.2%
$21.50
+30.8%
+5.8%$25.06B$14.88B28.83106,800
FOXA
FOX
3.3752 of 5 stars
$55.47
-1.4%
$53.53
-3.5%
+50.9%$24.94B$13.98B13.8010,200Positive News
FOX
FOX
3.1614 of 5 stars
$51.07
-1.2%
N/A+49.2%$22.96B$13.98B12.7010,600Trending News

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This page (NYSE:TME) was last updated on 7/23/2025 by MarketBeat.com Staff
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