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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$9.52 +0.07 (+0.69%)
As of 12:51 PM Eastern
This is a fair market value price provided by Massive. Learn more.

TME vs. VOD, CHT, ECHO, FOXA, and VIV

Should you buy Tencent Music Entertainment Group stock or one of its competitors? MarketBeat compares Tencent Music Entertainment Group with other companies and stocks that may be similar based on industry, sector, market capitalization, business model, investor interest, or shared news coverage. Companies and stocks commonly compared with Tencent Music Entertainment Group include Vodafone Group (VOD), Chunghwa Telecom (CHT), Echostar (ECHO), FOX (FOXA), and Telefonica Brasil (VIV).

How does Tencent Music Entertainment Group compare to Vodafone Group?

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

7.8% of Vodafone Group shares are owned by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. 1.0% of Vodafone Group shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company will outperform the market over the long term.

Vodafone Group pays an annual dividend of $0.50 per share and has a dividend yield of 3.2%. Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.4%. Tencent Music Entertainment Group pays out 28.8% of its earnings in the form of a dividend.

Vodafone Group has a beta of 0.46, suggesting that its share price is 54% less volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.82, suggesting that its share price is 18% less volatile than the broader market.

Tencent Music Entertainment Group has a net margin of 26.45% compared to Vodafone Group's net margin of 0.00%. Tencent Music Entertainment Group's return on equity of 11.20% beat Vodafone Group's return on equity.

Company Net Margins Return on Equity Return on Assets
Vodafone GroupN/A N/A N/A
Tencent Music Entertainment Group 26.45%11.20%8.96%

In the previous week, Vodafone Group had 6 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 7 mentions for Vodafone Group and 1 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.84 beat Vodafone 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
Vodafone Group
2 Very Positive mention(s)
0 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tencent Music Entertainment Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vodafone Group$40.46B0.89-$460.44MN/AN/A
Tencent Music Entertainment Group$33.44B0.45$1.54B$0.8011.89

Vodafone Group currently has a consensus price target of $10.57, suggesting a potential downside of 32.30%. Tencent Music Entertainment Group has a consensus price target of $21.44, suggesting a potential upside of 125.35%. Given Tencent Music Entertainment Group's stronger consensus rating and higher probable upside, analysts plainly believe Tencent Music Entertainment Group is more favorable than Vodafone Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vodafone Group
3 Sell rating(s)
4 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.89
Tencent Music Entertainment Group
0 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.43

Summary

Tencent Music Entertainment Group beats Vodafone Group on 10 of the 16 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to Chunghwa Telecom?

Tencent Music Entertainment Group (NYSE:TME) and Chunghwa Telecom (NYSE:CHT) 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 risk, institutional ownership, earnings, media sentiment, dividends, valuation, analyst recommendations and profitability.

In the previous week, Chunghwa Telecom had 2 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 3 mentions for Chunghwa Telecom and 1 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.84 beat Chunghwa Telecom's score of 1.10 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
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Chunghwa Telecom
1 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Tencent Music Entertainment Group has a beta of 0.82, suggesting that its share price is 18% less volatile than the broader market. Comparatively, Chunghwa Telecom has a beta of 0.29, suggesting that its share price is 71% less volatile than the broader market.

24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. Comparatively, 2.1% of Chunghwa Telecom shares are owned by institutional investors. 1.0% of Chunghwa Telecom shares are owned by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Tencent Music Entertainment Group presently has a consensus target price of $21.44, suggesting a potential upside of 125.35%. Given Tencent Music Entertainment Group's stronger consensus rating and higher probable upside, equities research analysts clearly believe Tencent Music Entertainment Group is more favorable than Chunghwa Telecom.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tencent Music Entertainment Group
0 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.43
Chunghwa Telecom
1 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
1.50

Tencent Music Entertainment Group has higher revenue and earnings than Chunghwa Telecom. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than Chunghwa Telecom, 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$33.44B0.45$1.54B$0.8011.89
Chunghwa Telecom$7.58B4.33$1.23B$1.6425.79

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.4%. Chunghwa Telecom pays an annual dividend of $1.29 per share and has a dividend yield of 3.0%. Tencent Music Entertainment Group pays out 28.8% of its earnings in the form of a dividend. Chunghwa Telecom pays out 78.7% 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 has a net margin of 26.45% compared to Chunghwa Telecom's net margin of 16.23%. Tencent Music Entertainment Group's return on equity of 11.20% beat Chunghwa Telecom's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group26.45% 11.20% 8.96%
Chunghwa Telecom 16.23%9.90%7.31%

Summary

Tencent Music Entertainment Group beats Chunghwa Telecom on 12 of the 18 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to Echostar?

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

33.6% of Echostar shares are owned by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. 55.7% of Echostar shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company is poised for long-term growth.

Echostar presently has a consensus target price of $136.25, indicating a potential upside of 61.84%. Tencent Music Entertainment Group has a consensus target price of $21.44, indicating a potential upside of 125.35%. Given Tencent Music Entertainment Group's higher possible upside, analysts plainly believe Tencent Music Entertainment Group is more favorable than Echostar.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Echostar
1 Sell rating(s)
2 Hold rating(s)
5 Buy rating(s)
1 Strong Buy rating(s)
2.67
Tencent Music Entertainment Group
0 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.43

Tencent Music Entertainment Group has a net margin of 26.45% compared to Echostar's net margin of -97.56%. Tencent Music Entertainment Group's return on equity of 11.20% beat Echostar's return on equity.

Company Net Margins Return on Equity Return on Assets
Echostar-97.56% -4.80% -0.97%
Tencent Music Entertainment Group 26.45%11.20%8.96%

In the previous week, Echostar had 21 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 22 mentions for Echostar and 1 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.84 beat Echostar's score of 0.27 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
Echostar
6 Very Positive mention(s)
0 Positive mention(s)
11 Neutral mention(s)
4 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tencent Music Entertainment Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

Echostar has a beta of 1.03, meaning that its share price is 3% more volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.82, meaning that its share price is 18% less volatile than the broader market.

Tencent Music Entertainment Group has higher revenue and earnings than Echostar. Echostar 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
Echostar$15.00B1.63-$14.50B-$50.10N/A
Tencent Music Entertainment Group$33.44B0.45$1.54B$0.8011.89

Summary

Tencent Music Entertainment Group beats Echostar on 10 of the 17 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to FOX?

FOX (NASDAQ:FOXA) and Tencent Music Entertainment Group (NYSE:TME) 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 earnings, risk, analyst recommendations, dividends, institutional ownership, valuation, profitability and media sentiment.

Tencent Music Entertainment Group has a net margin of 26.45% compared to FOX's net margin of 10.56%. FOX's return on equity of 18.90% beat Tencent Music Entertainment Group's return on equity.

Company Net Margins Return on Equity Return on Assets
FOX10.56% 18.90% 9.85%
Tencent Music Entertainment Group 26.45%11.20%8.96%

In the previous week, FOX had 3 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 4 mentions for FOX and 1 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.84 beat FOX's score of 0.72 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
FOX
0 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Tencent Music Entertainment Group
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive

52.5% of FOX shares are held by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 19.7% of FOX 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.

FOX has a beta of 0.54, indicating that its share price is 46% less volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.82, indicating that its share price is 18% less volatile than the broader market.

FOX currently has a consensus price target of $73.56, indicating a potential upside of 25.39%. Tencent Music Entertainment Group has a consensus price target of $21.44, indicating a potential upside of 125.35%. Given Tencent Music Entertainment Group's higher possible upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than FOX.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
FOX
1 Sell rating(s)
8 Hold rating(s)
8 Buy rating(s)
1 Strong Buy rating(s)
2.50
Tencent Music Entertainment Group
0 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.43

FOX pays an annual dividend of $0.56 per share and has a dividend yield of 1.0%. Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.4%. FOX pays out 14.8% of its earnings in the form of a dividend. Tencent Music Entertainment Group pays out 28.8% 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. FOX has increased its dividend for 4 consecutive years.

FOX 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 FOX, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
FOX$16.30B1.51$2.26B$3.7915.48
Tencent Music Entertainment Group$33.44B0.45$1.54B$0.8011.89

Summary

FOX beats Tencent Music Entertainment Group on 14 of the 20 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to Telefonica Brasil?

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

Tencent Music Entertainment Group has a net margin of 26.45% compared to Telefonica Brasil's net margin of 10.64%. Tencent Music Entertainment Group's return on equity of 11.20% beat Telefonica Brasil's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group26.45% 11.20% 8.96%
Telefonica Brasil 10.64%9.72%5.18%

In the previous week, Telefonica Brasil had 9 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 10 mentions for Telefonica Brasil and 1 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.84 beat Telefonica Brasil's score of 0.28 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
1 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Telefonica Brasil
4 Very Positive mention(s)
1 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

Tencent Music Entertainment Group has higher earnings, but lower revenue than Telefonica Brasil. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than Telefonica Brasil, 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$33.44B0.45$1.54B$0.8011.89
Telefonica Brasil$61.77B0.34$1.10B$0.7816.31

24.3% of Tencent Music Entertainment Group shares are held by institutional investors. Comparatively, 5.2% of Telefonica Brasil shares are held by institutional investors. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Tencent Music Entertainment Group currently has a consensus target price of $21.44, indicating a potential upside of 125.35%. Telefonica Brasil has a consensus target price of $14.26, indicating a potential upside of 12.06%. Given Tencent Music Entertainment Group's stronger consensus rating and higher possible upside, analysts plainly believe Tencent Music Entertainment Group is more favorable than Telefonica Brasil.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tencent Music Entertainment Group
0 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.43
Telefonica Brasil
4 Sell rating(s)
6 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.73

Tencent Music Entertainment Group has a beta of 0.82, suggesting that its stock price is 18% less volatile than the broader market. Comparatively, Telefonica Brasil has a beta of 0.56, suggesting that its stock price is 44% less volatile than the broader market.

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.4%. Telefonica Brasil pays an annual dividend of $0.60 per share and has a dividend yield of 4.7%. Tencent Music Entertainment Group pays out 28.8% of its earnings in the form of a dividend. Telefonica Brasil pays out 76.9% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

Tencent Music Entertainment Group beats Telefonica Brasil on 13 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 GroupEntertainment IndustryCommunication Services SectorNYSE Exchange
Market Cap$14.98B$10.47B$33.58B$23.74B
Dividend Yield2.46%3.87%5.34%4.21%
P/E Ratio11.8910.7620.2131.39
Price / Sales0.451,349.37320.53165.39
Price / Cash9.9825.4519.5818.73
Price / Book1.305.6010.554.81
Net Income$1.54B$74.62M$1.11B$1.07B
7 Day Performance2.48%0.64%1.05%0.71%
1 Month Performance10.20%3.11%-0.42%0.47%
1 Year Performance-53.65%-3.74%5.49%20.41%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
4.9325 of 5 stars
$9.52
+0.7%
$21.44
+125.3%
-54.0%$14.98B$33.44B11.895,690
VOD
Vodafone Group
3.6166 of 5 stars
$15.80
+4.3%
$52.38
+231.5%
+44.0%$34.89B$46.92BN/A91,128
CHT
Chunghwa Telecom
1.6417 of 5 stars
$43.09
+0.8%
N/A-2.5%$33.16B$7.58B26.2832,606
ECHO
Echostar
3.5566 of 5 stars
$86.69
-1.4%
$126.00
+45.3%
N/A$25.47B$15.00BN/A12,100
FOXA
FOX
4.3448 of 5 stars
$56.64
+2.4%
$73.56
+29.9%
+4.8%$23.24B$16.30B14.9410,400

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This page (NYSE:TME) was last updated on 8/3/2026 by MarketBeat.com Staff.
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