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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$8.80 -0.05 (-0.56%)
As of 08/21/2026 03:58 PM Eastern
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TME vs. LYV, TKO, FWONA, ROKU, and WMG

Should you buy Tencent Music Entertainment Group stock or one of its competitors? Tencent Music Entertainment Group's main competitors and comparable companies include Live Nation Entertainment (LYV), TKO Group (TKO), Liberty Media Corporation - Liberty Formula One Series A (FWONA), Roku (ROKU), and Warner Music Group (WMG). Companies are selected based on similarities in market, industry, and size. These companies are all part of the "movies & entertainment" industry.

How does Tencent Music Entertainment Group compare to Live Nation Entertainment?

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

24.3% of Tencent Music Entertainment Group shares are held by institutional investors. Comparatively, 74.5% of Live Nation Entertainment shares are held by institutional investors. 2.9% of Live Nation Entertainment shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.

Tencent Music Entertainment Group presently has a consensus price target of $17.21, suggesting a potential upside of 95.56%. Live Nation Entertainment has a consensus price target of $197.19, suggesting a potential upside of 8.18%. Given Tencent Music Entertainment Group's higher possible upside, equities research analysts plainly believe Tencent Music Entertainment Group is more favorable than Live Nation Entertainment.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tencent Music Entertainment Group
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23
Live Nation Entertainment
0 Sell rating(s)
4 Hold rating(s)
20 Buy rating(s)
0 Strong Buy rating(s)
2.83

Tencent Music Entertainment Group has higher earnings, but lower revenue than Live Nation Entertainment. Live Nation Entertainment is trading at a lower price-to-earnings ratio than Tencent Music Entertainment Group, 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$4.71B2.94$1.54B$0.8110.86
Live Nation Entertainment$25.20B1.70-$54.83M-$1.13N/A

In the previous week, Live Nation Entertainment had 12 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 15 mentions for Live Nation Entertainment and 3 mentions for Tencent Music Entertainment Group. Live Nation Entertainment's average media sentiment score of 1.80 beat Tencent Music Entertainment Group's score of 1.10 indicating that Live Nation Entertainment is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tencent Music Entertainment Group
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Live Nation Entertainment
13 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Tencent Music Entertainment Group has a net margin of 26.27% compared to Live Nation Entertainment's net margin of 0.34%. Live Nation Entertainment's return on equity of 54.61% beat Tencent Music Entertainment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group26.27% 11.53% 8.87%
Live Nation Entertainment 0.34%54.61%1.78%

Tencent Music Entertainment Group has a beta of 0.84, indicating that its stock price is 16% less volatile than the broader market. Comparatively, Live Nation Entertainment has a beta of 1.12, indicating that its stock price is 12% more volatile than the broader market.

Summary

Live Nation Entertainment beats Tencent Music Entertainment Group on 9 of the 16 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to TKO Group?

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

In the previous week, TKO Group had 10 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 13 mentions for TKO Group and 3 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.10 beat TKO Group's score of 0.25 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
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
TKO Group
7 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.6%. TKO Group pays an annual dividend of $3.16 per share and has a dividend yield of 1.6%. Tencent Music Entertainment Group pays out 28.4% of its earnings in the form of a dividend. TKO Group pays out 110.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Tencent Music Entertainment Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

Tencent Music Entertainment Group has a net margin of 26.27% compared to TKO Group's net margin of 4.33%. Tencent Music Entertainment Group's return on equity of 11.53% beat TKO Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group26.27% 11.53% 8.87%
TKO Group 4.33%2.67%1.49%

24.3% of Tencent Music Entertainment Group shares are held by institutional investors. Comparatively, 89.8% of TKO Group shares are held by institutional investors. 64.3% of TKO Group shares are held 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 higher earnings, but lower revenue than TKO Group. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than TKO Group, 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$4.71B2.94$1.54B$0.8110.86
TKO Group$4.74B7.73$195.40M$2.8567.84

Tencent Music Entertainment Group has a beta of 0.84, suggesting that its share price is 16% less volatile than the broader market. Comparatively, TKO Group has a beta of 0.63, suggesting that its share price is 37% less volatile than the broader market.

Tencent Music Entertainment Group currently has a consensus price target of $17.21, suggesting a potential upside of 95.56%. TKO Group has a consensus price target of $238.08, suggesting a potential upside of 23.14%. Given Tencent Music Entertainment Group's higher possible upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than TKO Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tencent Music Entertainment Group
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23
TKO Group
0 Sell rating(s)
6 Hold rating(s)
11 Buy rating(s)
0 Strong Buy rating(s)
2.65

Summary

Tencent Music Entertainment Group and TKO Group tied by winning 9 of the 18 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to Liberty Media Corporation - Liberty Formula One Series A?

Liberty Media Corporation - Liberty Formula One Series A (NASDAQ:FWONA) and Tencent Music Entertainment Group (NYSE:TME) are both large-cap communication services companies, but which is the superior stock? We will contrast the two businesses based on the strength of their media sentiment, analyst recommendations, institutional ownership, earnings, valuation, profitability, risk and dividends.

Tencent Music Entertainment Group has a net margin of 26.27% compared to Liberty Media Corporation - Liberty Formula One Series A's net margin of 0.00%. Tencent Music Entertainment Group's return on equity of 11.53% beat Liberty Media Corporation - Liberty Formula One Series A's return on equity.

Company Net Margins Return on Equity Return on Assets
Liberty Media Corporation - Liberty Formula One Series AN/A N/A N/A
Tencent Music Entertainment Group 26.27%11.53%8.87%

8.4% of Liberty Media Corporation - Liberty Formula One Series A shares are held by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 0.6% of Liberty Media Corporation - Liberty Formula One Series A shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Tencent Music Entertainment Group has higher revenue and earnings than Liberty Media Corporation - Liberty Formula One Series A. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than Liberty Media Corporation - Liberty Formula One Series A, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Liberty Media Corporation - Liberty Formula One Series A$4.48B5.39$170.33M$0.68141.94
Tencent Music Entertainment Group$4.71B2.94$1.54B$0.8110.86

Liberty Media Corporation - Liberty Formula One Series A has a beta of 0.49, suggesting that its stock price is 51% less volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.84, suggesting that its stock price is 16% less volatile than the broader market.

In the previous week, Liberty Media Corporation - Liberty Formula One Series A had 2 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 5 mentions for Liberty Media Corporation - Liberty Formula One Series A and 3 mentions for Tencent Music Entertainment Group. Liberty Media Corporation - Liberty Formula One Series A's average media sentiment score of 1.49 beat Tencent Music Entertainment Group's score of 1.10 indicating that Liberty Media Corporation - Liberty Formula One Series A is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Liberty Media Corporation - Liberty Formula One Series A
4 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tencent Music Entertainment Group
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Liberty Media Corporation - Liberty Formula One Series A presently has a consensus price target of $114.67, suggesting a potential upside of 18.80%. Tencent Music Entertainment Group has a consensus price target of $17.21, suggesting a potential upside of 95.56%. Given Tencent Music Entertainment Group's higher probable upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than Liberty Media Corporation - Liberty Formula One Series A.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Liberty Media Corporation - Liberty Formula One Series A
0 Sell rating(s)
1 Hold rating(s)
4 Buy rating(s)
2 Strong Buy rating(s)
3.14
Tencent Music Entertainment Group
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23

Summary

Tencent Music Entertainment Group beats Liberty Media Corporation - Liberty Formula One Series A on 9 of the 17 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to Roku?

Tencent Music Entertainment Group (NYSE:TME) and Roku (NASDAQ:ROKU) are both large-cap communication services companies, but which is the better business? We will contrast the two companies based on the strength of their analyst recommendations, institutional ownership, earnings, dividends, media sentiment, risk, valuation and profitability.

Tencent Music Entertainment Group currently has a consensus target price of $17.21, suggesting a potential upside of 95.56%. Roku has a consensus target price of $156.17, suggesting a potential downside of 0.84%. Given Tencent Music Entertainment Group's higher probable upside, equities analysts plainly believe Tencent Music Entertainment Group is more favorable than Roku.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tencent Music Entertainment Group
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23
Roku
0 Sell rating(s)
19 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.33

In the previous week, Roku had 19 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 22 mentions for Roku and 3 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.10 beat Roku's score of 0.43 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
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Roku
7 Very Positive mention(s)
3 Positive mention(s)
7 Neutral mention(s)
3 Negative mention(s)
1 Very Negative mention(s)
Neutral

Tencent Music Entertainment Group has a net margin of 26.27% compared to Roku's net margin of 6.82%. Roku's return on equity of 13.73% beat Tencent Music Entertainment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group26.27% 11.53% 8.87%
Roku 6.82%13.73%8.34%

Tencent Music Entertainment Group has a beta of 0.84, suggesting that its share price is 16% less volatile than the broader market. Comparatively, Roku has a beta of 2.01, suggesting that its share price is 101% more volatile than the broader market.

Tencent Music Entertainment Group has higher earnings, but lower revenue than Roku. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than Roku, 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$4.71B2.94$1.54B$0.8110.86
Roku$4.74B4.93$88.36M$2.3467.30

24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. Comparatively, 86.3% of Roku shares are owned by institutional investors. 13.5% of Roku shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company will outperform the market over the long term.

Summary

Roku beats Tencent Music Entertainment Group on 12 of the 17 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to Warner Music Group?

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

Tencent Music Entertainment Group has a net margin of 26.27% compared to Warner Music Group's net margin of 9.20%. Warner Music Group's return on equity of 85.50% beat Tencent Music Entertainment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Warner Music Group9.20% 85.50% 7.00%
Tencent Music Entertainment Group 26.27%11.53%8.87%

Warner Music Group currently has a consensus target price of $38.77, indicating a potential upside of 42.90%. Tencent Music Entertainment Group has a consensus target price of $17.21, indicating a potential upside of 95.56%. Given Tencent Music Entertainment Group's higher possible upside, analysts plainly believe Tencent Music Entertainment Group is more favorable than Warner Music Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Warner Music Group
0 Sell rating(s)
4 Hold rating(s)
13 Buy rating(s)
0 Strong Buy rating(s)
2.76
Tencent Music Entertainment Group
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Warner Music Group$6.71B2.12$365M$1.2621.53
Tencent Music Entertainment Group$4.71B2.94$1.54B$0.8110.86

Warner Music Group pays an annual dividend of $0.80 per share and has a dividend yield of 2.9%. Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.6%. Warner Music Group pays out 63.5% of its earnings in the form of a dividend. Tencent Music Entertainment Group pays out 28.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Warner Music Group has increased its dividend for 4 consecutive years. Warner Music Group is clearly the better dividend stock, given its higher yield and longer track record of dividend growth.

96.9% of Warner Music Group shares are owned by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. 0.1% of Warner Music Group shares are owned 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.

Warner Music Group has a beta of 1.3, meaning that its share price is 30% more volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.84, meaning that its share price is 16% less volatile than the broader market.

In the previous week, Tencent Music Entertainment Group had 1 more articles in the media than Warner Music Group. MarketBeat recorded 3 mentions for Tencent Music Entertainment Group and 2 mentions for Warner Music Group. Tencent Music Entertainment Group's average media sentiment score of 1.10 beat Warner Music Group's score of 0.43 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
Warner Music Group
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tencent Music Entertainment Group
3 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

Warner Music Group beats Tencent Music Entertainment Group on 11 of the 19 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

Export
MetricTencent Music Entertainment GroupEntertainment IndustryCommunication Services SectorNYSE Exchange
Market Cap$13.85B$11.25B$33.00B$24.30B
Dividend Yield2.65%3.92%5.36%3.70%
P/E Ratio10.8626.77232.3430.31
Price / Sales2.94108.5862.1819.89
Price / Cash9.2937.2120.7032.49
Price / Book1.168.3111.416.77
Net Income$1.54B$84.02M$1.10B$1.07B
7 Day Performance-0.40%-1.42%-1.15%-0.65%
1 Month Performance0.40%1.10%2.43%3.38%
1 Year Performance-65.31%-5.41%0.05%14.90%

Tencent Music Entertainment Group Competitors List

Export
CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
4.5306 of 5 stars		$8.80
-0.6%		$17.21
+95.6%		-65.3%$13.85B$4.71B10.865,690
LYV
Live Nation Entertainment
2.8889 of 5 stars		$184.28
-2.2%		$197.19
+7.0%		+10.1%$44.41B$25.20BN/A34,700
TKO
TKO Group
4.413 of 5 stars		$195.37
-2.9%		$238.08
+21.9%		+4.1%$38.10B$4.74B68.554,000
FWONA
Liberty Media Corporation - Liberty Formula One Series A
3.5107 of 5 stars		$93.46
-1.9%		$114.67
+22.7%		+4.4%$23.87B$4.48B137.446,800
ROKU
Roku
2.3279 of 5 stars		$158.31
+0.4%		$156.17
-1.4%		+67.2%$23.25B$5.21B67.653,600

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This page (NYSE:TME) was last updated on 8/23/2026 by MarketBeat.com Staff.
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