NYSE:TME

Tencent Music Entertainment Group Competitors

$18.03
-1.19 (-6.19 %)
(As of 04/12/2021 05:21 PM ET)
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Today's Range
$17.97
Now: $18.03
$19.40
50-Day Range
$19.03
MA: $24.96
$31.79
52-Week Range
$10.30
Now: $18.03
$32.25
Volume47.49 million shs
Average Volume31.94 million shs
Market Capitalization$30.25 billion
P/E Ratio53.03
Dividend YieldN/A
Beta1.34

Competitors

Tencent Music Entertainment Group (NYSE:TME) Vs. SPOT, SIRI, ETM, UONE, CMLS, and TSQ

Should you be buying TME stock or one of its competitors? Companies in the industry of "radio broadcasting stations" are considered alternatives and competitors to Tencent Music Entertainment Group, including Spotify Technology (SPOT), Sirius XM (SIRI), Entercom Communications (ETM), Urban One (UONE), Cumulus Media (CMLS), and Townsquare Media (TSQ).

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

Analyst Recommendations

This is a summary of recent recommendations for Tencent Music Entertainment Group and Spotify Technology, as provided by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Tencent Music Entertainment Group13802.58
Spotify Technology4141302.29

Tencent Music Entertainment Group currently has a consensus target price of $25.93, suggesting a potential upside of 43.82%. Spotify Technology has a consensus target price of $293.1852, suggesting a potential upside of 5.88%. Given Tencent Music Entertainment Group's stronger consensus rating and higher possible upside, equities research analysts plainly believe Tencent Music Entertainment Group is more favorable than Spotify Technology.

Insider and Institutional Ownership

55.9% of Spotify Technology shares are owned by institutional investors. 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.

Volatility & Risk

Tencent Music Entertainment Group has a beta of 1.34, suggesting that its stock price is 34% more volatile than the S&P 500. Comparatively, Spotify Technology has a beta of 1.64, suggesting that its stock price is 64% more volatile than the S&P 500.

Valuation and Earnings

This table compares Tencent Music Entertainment Group and Spotify Technology's top-line revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tencent Music Entertainment Group$3.65 billion8.28$576.20 million$0.3748.73
Spotify Technology$7.58 billion6.55$-208,320,000.00($1.15)-240.79

Tencent Music Entertainment Group has higher earnings, but lower revenue than Spotify Technology. Spotify Technology 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.

Profitability

This table compares Tencent Music Entertainment Group and Spotify Technology's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Tencent Music Entertainment Group14.25%9.51%7.79%
Spotify Technology-8.73%-30.46%-12.28%

Summary

Tencent Music Entertainment Group beats Spotify Technology on 9 of the 13 factors compared between the two stocks.

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

Analyst Recommendations

This is a summary of current recommendations and price targets for Sirius XM and Tencent Music Entertainment Group, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Sirius XM01902.90
Tencent Music Entertainment Group13802.58

Sirius XM presently has a consensus price target of $7.3750, suggesting a potential upside of 18.38%. Tencent Music Entertainment Group has a consensus price target of $25.93, suggesting a potential upside of 43.82%. Given Tencent Music Entertainment Group's higher possible upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than Sirius XM.

Insider and Institutional Ownership

15.7% of Sirius XM shares are owned by institutional investors. 0.9% of Sirius XM shares are owned 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.

Volatility and Risk

Sirius XM has a beta of 1.13, meaning that its share price is 13% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 1.34, meaning that its share price is 34% more volatile than the S&P 500.

Valuation & Earnings

This table compares Sirius XM and Tencent Music Entertainment Group's top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Sirius XM$7.79 billion3.31$914 million$0.2031.15
Tencent Music Entertainment Group$3.65 billion8.28$576.20 million$0.3748.73

Sirius XM has higher revenue and earnings than Tencent Music Entertainment Group. Sirius XM 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.

Profitability

This table compares Sirius XM and Tencent Music Entertainment Group's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Sirius XM13.28%-137.30%9.29%
Tencent Music Entertainment Group14.25%9.51%7.79%

Entercom Communications (NYSE:ETM) and Tencent Music Entertainment Group (NYSE:TME) are both consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, analyst recommendations, profitability, risk and dividends.

Analyst Recommendations

This is a summary of current recommendations and price targets for Entercom Communications and Tencent Music Entertainment Group, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Entercom Communications01202.67
Tencent Music Entertainment Group13802.58

Entercom Communications presently has a consensus price target of $5.25, suggesting a potential upside of 1.35%. Tencent Music Entertainment Group has a consensus price target of $25.93, suggesting a potential upside of 43.82%. Given Tencent Music Entertainment Group's higher possible upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than Entercom Communications.

Insider and Institutional Ownership

46.4% of Entercom Communications shares are owned by institutional investors. 16.4% of Entercom Communications shares are owned 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.

Volatility and Risk

Entercom Communications has a beta of 1.92, meaning that its share price is 92% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 1.34, meaning that its share price is 34% more volatile than the S&P 500.

Valuation & Earnings

This table compares Entercom Communications and Tencent Music Entertainment Group's top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Entercom Communications$1.49 billion0.49$-420,210,000.00$1.005.18
Tencent Music Entertainment Group$3.65 billion8.28$576.20 million$0.3748.73

Tencent Music Entertainment Group has higher revenue and earnings than Entercom Communications. Entercom Communications 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.

Profitability

This table compares Entercom Communications and Tencent Music Entertainment Group's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Entercom Communications-49.10%-3.14%-0.73%
Tencent Music Entertainment Group14.25%9.51%7.79%

Summary

Tencent Music Entertainment Group beats Entercom Communications on 9 of the 14 factors compared between the two stocks.

Urban One (NASDAQ:UONE) and Tencent Music Entertainment Group (NYSE:TME) are both consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, analyst recommendations, profitability, risk and dividends.

Analyst Recommendations

This is a summary of current recommendations and price targets for Urban One and Tencent Music Entertainment Group, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Urban One0000N/A
Tencent Music Entertainment Group13802.58

Tencent Music Entertainment Group has a consensus price target of $25.93, suggesting a potential upside of 43.82%. Given Tencent Music Entertainment Group's higher possible upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than Urban One.

Insider and Institutional Ownership

0.3% of Urban One shares are owned by institutional investors. 79.3% of Urban One shares are owned 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.

Volatility and Risk

Urban One has a beta of 1.24, meaning that its share price is 24% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 1.34, meaning that its share price is 34% more volatile than the S&P 500.

Valuation & Earnings

This table compares Urban One and Tencent Music Entertainment Group's top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Urban One$436.93 million0.55$930,000.00N/AN/A
Tencent Music Entertainment Group$3.65 billion8.28$576.20 million$0.3748.73

Tencent Music Entertainment Group has higher revenue and earnings than Urban One.

Profitability

This table compares Urban One and Tencent Music Entertainment Group's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Urban One-11.52%-25.59%-3.47%
Tencent Music Entertainment Group14.25%9.51%7.79%

Summary

Tencent Music Entertainment Group beats Urban One on 10 of the 12 factors compared between the two stocks.

Cumulus Media (NASDAQ:CMLS) and Tencent Music Entertainment Group (NYSE:TME) are both consumer discretionary companies, but which is the superior stock? We will compare the two businesses based on the strength of their institutional ownership, valuation, earnings, analyst recommendations, profitability, risk and dividends.

Profitability

This table compares Cumulus Media and Tencent Music Entertainment Group's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Cumulus Media-6.76%-9.38%-2.22%
Tencent Music Entertainment Group14.25%9.51%7.79%

Volatility and Risk

Cumulus Media has a beta of 2.27, meaning that its share price is 127% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 1.34, meaning that its share price is 34% more volatile than the S&P 500.

Analyst Recommendations

This is a summary of current recommendations and price targets for Cumulus Media and Tencent Music Entertainment Group, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Cumulus Media00103.00
Tencent Music Entertainment Group13802.58

Cumulus Media presently has a consensus price target of $10.00, suggesting a potential upside of 10.13%. Tencent Music Entertainment Group has a consensus price target of $25.93, suggesting a potential upside of 43.82%. Given Tencent Music Entertainment Group's higher possible upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than Cumulus Media.

Insider and Institutional Ownership

66.6% of Cumulus Media shares are owned by institutional investors. 1.6% of Cumulus Media shares are owned 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.

Valuation & Earnings

This table compares Cumulus Media and Tencent Music Entertainment Group's top-line revenue, earnings per share and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Cumulus Media$1.11 billion0.17$61.26 million$3.632.50
Tencent Music Entertainment Group$3.65 billion8.28$576.20 million$0.3748.73

Tencent Music Entertainment Group has higher revenue and earnings than Cumulus Media. Cumulus Media 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.

Summary

Tencent Music Entertainment Group beats Cumulus Media on 9 of the 14 factors compared between the two stocks.

Townsquare Media (NYSE:TSQ) and Tencent Music Entertainment Group (NYSE:TME) are both consumer discretionary companies, but which is the better stock? We will contrast the two businesses based on the strength of their dividends, institutional ownership, earnings, analyst recommendations, risk, profitability and valuation.

Profitability

This table compares Townsquare Media and Tencent Music Entertainment Group's net margins, return on equity and return on assets.

Net MarginsReturn on EquityReturn on Assets
Townsquare Media-43.84%-64.93%-9.94%
Tencent Music Entertainment Group14.25%9.51%7.79%

Risk & Volatility

Townsquare Media has a beta of 2.09, meaning that its stock price is 109% more volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 1.34, meaning that its stock price is 34% more volatile than the S&P 500.

Analyst Ratings

This is a breakdown of current ratings and target prices for Townsquare Media and Tencent Music Entertainment Group, as reported by MarketBeat.

Sell RatingsHold RatingsBuy RatingsStrong Buy RatingsRating Score
Townsquare Media00203.00
Tencent Music Entertainment Group13802.58

Townsquare Media presently has a consensus price target of $13.50, suggesting a potential upside of 34.46%. Tencent Music Entertainment Group has a consensus price target of $25.93, suggesting a potential upside of 43.82%. Given Tencent Music Entertainment Group's higher possible upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than Townsquare Media.

Insider & Institutional Ownership

44.7% of Townsquare Media shares are owned by institutional investors. 24.8% of Townsquare Media shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Townsquare Media and Tencent Music Entertainment Group's top-line revenue, earnings per share (EPS) and valuation.

Gross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Townsquare Media$431.41 million0.37$-65,650,000.00N/AN/A
Tencent Music Entertainment Group$3.65 billion8.28$576.20 million$0.3748.73

Tencent Music Entertainment Group has higher revenue and earnings than Townsquare Media.

Summary

Tencent Music Entertainment Group beats Townsquare Media on 8 of the 12 factors compared between the two stocks.


Tencent Music Entertainment Group Competitors List

Competitor NameCompetitor BTM RankCompetitor PriceCompetitor Price ChangeCompetitor Market CapCompetitor RevenueCompetitor P/E RatioCompetitor Indicator(s)
Spotify Technology logo
SPOT
Spotify Technology
1.3$276.91-0.8%$50.05 billion$7.58 billion-65.00
Sirius XM logo
SIRI
Sirius XM
1.7$6.23-1.9%$25.79 billion$7.79 billion27.09
Entercom Communications logo
ETM
Entercom Communications
1.1$5.18-2.9%$729.76 million$1.49 billion-1.22
Urban One logo
UONE
Urban One
0.9$5.06-4.0%$251.15 million$436.93 million-5.33
Cumulus Media logo
CMLS
Cumulus Media
1.5$9.08-3.3%$191.46 million$1.11 billion-3.19
Townsquare Media logo
TSQ
Townsquare Media
1.8$10.04-1.8%$164.53 million$431.41 million0.00
Saga Communications logo
SGA
Saga Communications
0.5$21.50-2.3%$125.58 million$123.07 million-358.27
Beasley Broadcast Group logo
BBGI
Beasley Broadcast Group
0.8$2.90-2.4%$87.18 million$261.55 million-3.37
Urban One logo
UONEK
Urban One
0.8$1.71-4.1%$84.99 million$436.93 million-1.80
Salem Media Group logo
SALM
Salem Media Group
1.2$2.47-1.2%$66.71 million$253.90 million-1.06Analyst Downgrade
This page was last updated on 4/12/2021 by MarketBeat.com Staff
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