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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$8.60 -0.35 (-3.86%)
Closing price 03:59 PM Eastern
Extended Trading
$8.64 +0.04 (+0.47%)
As of 07:15 PM Eastern
Extended trading is trading that happens on electronic markets outside of regular trading hours. This is a fair market value extended hours price provided by Massive. Learn more.

TME vs. VOD, CHT, ASTS, 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), AST SpaceMobile (ASTS), FOX (FOXA), and Telefonica Brasil (VIV). These companies are all part of the "communication" industry.

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 companies, but which is the better stock? We will contrast the two companies based on the strength of their earnings, profitability, institutional ownership, analyst recommendations, valuation, dividends, media sentiment and risk.

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 11.04% 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%11.04%8.93%

Vodafone Group currently has a consensus target price of $72.00, indicating a potential upside of 365.12%. Tencent Music Entertainment Group has a consensus target price of $21.44, indicating a potential upside of 149.47%. Given Vodafone Group's higher probable upside, analysts clearly believe Vodafone Group is more favorable than Tencent Music Entertainment Group.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Vodafone Group
3 Sell rating(s)
2 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
2.13
Tencent Music Entertainment Group
1 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.36

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Vodafone Group$40.46B0.88-$4.48BN/AN/A
Tencent Music Entertainment Group$33.44B0.40$1.54B$0.8010.74

7.8% of Vodafone Group shares are held by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 1.0% of Vodafone Group shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Vodafone Group has a beta of 0.47, meaning that its share price is 53% less volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.81, meaning that its share price is 19% less volatile than the broader market.

In the previous week, Vodafone Group had 10 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 21 mentions for Vodafone Group and 11 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 0.94 beat Vodafone Group's score of 0.42 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
7 Very Positive mention(s)
4 Positive mention(s)
5 Neutral mention(s)
2 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tencent Music Entertainment Group
2 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 2.7%. Tencent Music Entertainment Group pays out 28.8% of its earnings in the form of a dividend.

Summary

Tencent Music Entertainment Group beats Vodafone Group on 9 of the 17 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to Chunghwa Telecom?

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

In the previous week, Tencent Music Entertainment Group had 7 more articles in the media than Chunghwa Telecom. MarketBeat recorded 11 mentions for Tencent Music Entertainment Group and 4 mentions for Chunghwa Telecom. Tencent Music Entertainment Group's average media sentiment score of 0.94 beat Chunghwa Telecom's score of 0.62 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
Chunghwa Telecom
2 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
2 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Chunghwa Telecom has a beta of 0.29, indicating that its stock price is 71% less volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.81, indicating that its stock price is 19% less volatile than the broader market.

2.1% of Chunghwa Telecom shares are held by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 1.0% of Chunghwa Telecom shares are held by insiders. 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.

Tencent Music Entertainment Group has lower revenue, but higher 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
Chunghwa Telecom$238.99B0.14$1.23B$1.6426.50
Tencent Music Entertainment Group$33.44B0.40$1.54B$0.8010.74

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 11.04% beat Chunghwa Telecom's return on equity.

Company Net Margins Return on Equity Return on Assets
Chunghwa Telecom16.23% 9.90% 7.31%
Tencent Music Entertainment Group 26.45%11.04%8.93%

Tencent Music Entertainment Group has a consensus target price of $21.44, indicating a potential upside of 149.47%. Given Tencent Music Entertainment Group's stronger consensus rating and higher probable upside, 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
Chunghwa Telecom
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Tencent Music Entertainment Group
1 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.36

Chunghwa Telecom pays an annual dividend of $1.30 per share and has a dividend yield of 3.0%. Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.7%. Chunghwa Telecom pays out 79.3% 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 pays out 28.8% of its earnings in the form of a dividend.

Summary

Tencent Music Entertainment Group beats Chunghwa Telecom on 13 of the 18 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to AST SpaceMobile?

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

61.0% of AST SpaceMobile shares are held by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 20.9% of AST SpaceMobile shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Tencent Music Entertainment Group has a net margin of 26.45% compared to AST SpaceMobile's net margin of -573.67%. Tencent Music Entertainment Group's return on equity of 11.04% beat AST SpaceMobile's return on equity.

Company Net Margins Return on Equity Return on Assets
AST SpaceMobile-573.67% -24.87% -12.58%
Tencent Music Entertainment Group 26.45%11.04%8.93%

AST SpaceMobile currently has a consensus target price of $79.45, indicating a potential downside of 4.29%. Tencent Music Entertainment Group has a consensus target price of $21.44, indicating a potential upside of 149.47%. Given Tencent Music Entertainment Group's stronger consensus rating and higher probable upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than AST SpaceMobile.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
AST SpaceMobile
3 Sell rating(s)
6 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.91
Tencent Music Entertainment Group
1 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.36

In the previous week, AST SpaceMobile had 40 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 51 mentions for AST SpaceMobile and 11 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 0.94 beat AST SpaceMobile's score of 0.40 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
AST SpaceMobile
15 Very Positive mention(s)
9 Positive mention(s)
13 Neutral mention(s)
7 Negative mention(s)
2 Very Negative mention(s)
Neutral
Tencent Music Entertainment Group
2 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

AST SpaceMobile has a beta of 2.6, indicating that its stock price is 160% more volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.81, indicating that its stock price is 19% less volatile than the broader market.

Tencent Music Entertainment Group has higher revenue and earnings than AST SpaceMobile. AST SpaceMobile 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
AST SpaceMobile$70.92M447.14-$341.94M-$1.32N/A
Tencent Music Entertainment Group$33.44B0.40$1.54B$0.8010.74

Summary

Tencent Music Entertainment Group beats AST SpaceMobile on 11 of the 16 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to FOX?

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

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

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
Tencent Music Entertainment Group26.45% 11.04% 8.93%
FOX 10.56%18.90%9.85%

Tencent Music Entertainment Group presently has a consensus target price of $21.44, indicating a potential upside of 149.47%. FOX has a consensus target price of $74.86, indicating a potential upside of 14.60%. Given Tencent Music Entertainment Group's stronger consensus rating and 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
Tencent Music Entertainment Group
1 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.36
FOX
1 Sell rating(s)
9 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
2.35

In the previous week, FOX had 6 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 17 mentions for FOX and 11 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 0.94 beat FOX's score of 0.66 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
2 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
FOX
5 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Positive

Tencent Music Entertainment Group has a beta of 0.81, suggesting that its stock price is 19% less volatile than the broader market. Comparatively, FOX has a beta of 0.52, suggesting that its stock price is 48% 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 2.7%. FOX pays an annual dividend of $0.56 per share and has a dividend yield of 0.9%. Tencent Music Entertainment Group pays out 28.8% of its earnings in the form of a dividend. FOX pays out 14.8% 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 raised its dividend for 4 consecutive years.

FOX has lower revenue, but higher earnings 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
Tencent Music Entertainment Group$33.44B0.40$1.54B$0.8010.74
FOX$16.20B1.72$2.26B$3.7917.23

Summary

FOX beats Tencent Music Entertainment Group on 12 of the 19 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 companies, but which is the better business? We will contrast the two businesses based on the strength of their media sentiment, institutional ownership, dividends, analyst recommendations, profitability, earnings, valuation and risk.

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$33.44B0.40$1.54B$0.8010.74
Telefonica Brasil$60.66B0.38$1.10B$0.7419.27

Tencent Music Entertainment Group has a net margin of 26.45% compared to Telefonica Brasil's net margin of 10.49%. Tencent Music Entertainment Group's return on equity of 11.04% beat Telefonica Brasil's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group26.45% 11.04% 8.93%
Telefonica Brasil 10.49%9.32%5.04%

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.7%. Telefonica Brasil pays an annual dividend of $0.45 per share and has a dividend yield of 3.2%. Tencent Music Entertainment Group pays out 28.8% of its earnings in the form of a dividend. Telefonica Brasil pays out 60.8% 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.

24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. Comparatively, 5.2% of Telefonica Brasil shares are owned by institutional investors. 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.

Tencent Music Entertainment Group has a beta of 0.81, suggesting that its stock price is 19% less volatile than the broader market. Comparatively, Telefonica Brasil has a beta of 0.63, suggesting that its stock price is 37% less volatile than the broader market.

In the previous week, Tencent Music Entertainment Group and Tencent Music Entertainment Group both had 11 articles in the media. Tencent Music Entertainment Group's average media sentiment score of 0.94 beat Telefonica Brasil's score of 0.63 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
2 Very Positive mention(s)
4 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Telefonica Brasil
5 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 presently has a consensus target price of $21.44, indicating a potential upside of 149.47%. Telefonica Brasil has a consensus target price of $14.16, indicating a potential downside of 0.72%. Given Tencent Music Entertainment Group's stronger consensus rating and higher possible upside, analysts clearly 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
1 Sell rating(s)
7 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.36
Telefonica Brasil
3 Sell rating(s)
4 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.18

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 GroupMEDIA CONGLOM IndustryDiscretionary SectorNYSE Exchange
Market Cap$13.31B$15.28B$7.12B$23.00B
Dividend Yield2.57%3.61%2.91%4.07%
P/E Ratio10.7434.0618.3928.39
Price / Sales0.403.903.6539.98
Price / Cash9.4215.5214.6525.11
Price / Book1.156.623.674.76
Net Income$1.54B$991.23M$247.44M$1.06B
7 Day Performance-7.30%2.47%-1.11%-0.76%
1 Month Performance-11.66%8.91%13.78%1.73%
1 Year Performance-49.29%29.14%17.85%25.04%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
4.8635 of 5 stars
$8.60
-3.9%
$21.44
+149.5%
-39.1%$13.31B$33.44B10.745,690
VOD
Vodafone Group
4.7562 of 5 stars
$16.32
+0.7%
$72.00
+341.2%
+71.2%$37.43B$39.39BN/A92,000
CHT
Chunghwa Telecom
1.1757 of 5 stars
$43.17
-1.5%
N/A+1.6%$33.99B$7.58B26.3232,606
ASTS
AST SpaceMobile
1.7161 of 5 stars
$82.55
+10.0%
$82.51
0.0%
+181.8%$28.67B$70.92MN/A1,126
FOXA
FOX
4.3883 of 5 stars
$67.72
+7.6%
$72.93
+7.7%
+20.3%$26.77B$16.30B16.2810,400

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This page (NYSE:TME) was last updated on 5/14/2026 by MarketBeat.com Staff.
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