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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$7.99 +0.09 (+1.10%)
Closing price 09/11/2026 03:58 PM Eastern
Extended Trading
$7.95 -0.03 (-0.41%)
As of 09/11/2026 07:59 PM Eastern
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TME vs. LYV, TKO, ROKU, FWONA, 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), Roku (ROKU), Liberty Media Corporation - Liberty Formula One Series A (FWONA), 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?

Live Nation Entertainment (NYSE:LYV) 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 profitability, media sentiment, institutional ownership, valuation, dividends, risk, analyst recommendations and earnings.

Live Nation Entertainment presently has a consensus target price of $197.19, indicating a potential upside of 15.90%. Tencent Music Entertainment Group has a consensus target price of $17.21, indicating a potential upside of 115.46%. Given Tencent Music Entertainment Group's higher possible upside, 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
Live Nation Entertainment
1 Sell rating(s)
3 Hold rating(s)
20 Buy rating(s)
0 Strong Buy rating(s)
2.79
Tencent Music Entertainment Group
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23

In the previous week, Live Nation Entertainment had 7 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 11 mentions for Live Nation Entertainment and 4 mentions for Tencent Music Entertainment Group. Live Nation Entertainment's average media sentiment score of 1.58 beat Tencent Music Entertainment Group's score of 0.48 indicating that Live Nation Entertainment is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Live Nation Entertainment
10 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
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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
Live Nation Entertainment0.34% 54.61% 1.78%
Tencent Music Entertainment Group 26.27%11.53%8.87%

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

Tencent Music Entertainment Group has lower revenue, but higher earnings 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
Live Nation Entertainment$25.20B1.59-$54.83M-$1.13N/A
Tencent Music Entertainment Group$4.71B2.67$1.54B$0.819.86

Live Nation Entertainment has a beta of 1.11, meaning that its share price is 11% more volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.85, meaning that its share price is 15% less 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 business? We will compare the two companies based on the strength of their dividends, analyst recommendations, risk, media sentiment, profitability, institutional ownership, valuation and earnings.

24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. Comparatively, 89.8% of TKO Group shares are owned by institutional investors. 64.3% of TKO Group shares are owned by 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 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%

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$4.71B2.67$1.54B$0.819.86
TKO Group$4.74B7.62$195.40M$2.8566.86

Tencent Music Entertainment Group has a beta of 0.85, suggesting that its stock price is 15% less volatile than the broader market. Comparatively, TKO Group has a beta of 0.62, suggesting that its stock price is 38% less volatile than the broader market.

In the previous week, TKO Group had 12 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 16 mentions for TKO Group and 4 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 0.48 beat TKO Group's score of 0.04 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)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
TKO Group
3 Very Positive mention(s)
2 Positive mention(s)
6 Neutral mention(s)
3 Negative mention(s)
2 Very Negative mention(s)
Neutral

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.9%. TKO Group pays an annual dividend of $3.16 per share and has a dividend yield of 1.7%. 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 currently has a consensus target price of $17.21, suggesting a potential upside of 115.46%. TKO Group has a consensus target price of $238.08, suggesting a potential upside of 24.94%. Given Tencent Music Entertainment Group's higher possible upside, equities 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 Roku?

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

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 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$4.71B2.67$1.54B$0.819.86
Roku$4.74B4.85$88.36M$2.3466.21

24.3% of Tencent Music Entertainment Group shares are held by institutional investors. Comparatively, 86.3% of Roku shares are held by institutional investors. 13.5% of Roku shares are held by 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.

Tencent Music Entertainment Group currently has a consensus target price of $17.21, indicating a potential upside of 115.46%. Roku has a consensus target price of $156.17, indicating a potential upside of 0.80%. 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 28 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 32 mentions for Roku and 4 mentions for Tencent Music Entertainment Group. Roku's average media sentiment score of 0.64 beat Tencent Music Entertainment Group's score of 0.48 indicating that Roku is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tencent Music Entertainment Group
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Roku
15 Very Positive mention(s)
3 Positive mention(s)
9 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Tencent Music Entertainment Group has a beta of 0.85, suggesting that its share price is 15% less volatile than the broader market. Comparatively, Roku has a beta of 2.05, suggesting that its share price is 105% more volatile than the broader market.

Summary

Roku beats Tencent Music Entertainment Group on 13 of the 17 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 better stock? We will compare the two companies based on the strength of their profitability, institutional ownership, media sentiment, valuation, earnings, dividends, analyst recommendations and risk.

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$4.48B4.86$170.33M$0.68127.99
Tencent Music Entertainment Group$4.71B2.67$1.54B$0.819.86

Liberty Media Corporation - Liberty Formula One Series A has a beta of 0.49, indicating that its stock price is 51% less volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.85, indicating that its stock price is 15% less volatile than the broader market.

Liberty Media Corporation - Liberty Formula One Series A currently has a consensus target price of $114.67, suggesting a potential upside of 31.76%. Tencent Music Entertainment Group has a consensus target price of $17.21, suggesting a potential upside of 115.46%. Given Tencent Music Entertainment Group's higher possible 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

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%

In the previous week, Liberty Media Corporation - Liberty Formula One Series A had 1 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 5 mentions for Liberty Media Corporation - Liberty Formula One Series A and 4 mentions for Tencent Music Entertainment Group. Liberty Media Corporation - Liberty Formula One Series A's average media sentiment score of 1.92 beat Tencent Music Entertainment Group's score of 0.48 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)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Very Positive
Tencent Music Entertainment Group
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

8.4% of Liberty Media Corporation - Liberty Formula One Series A shares are owned by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. 0.6% of Liberty Media Corporation - Liberty Formula One Series A shares are owned by 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.

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 Warner Music Group?

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

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
Tencent Music Entertainment Group26.27% 11.53% 8.87%
Warner Music Group 9.20%85.50%7.00%

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.9%. Warner Music Group pays an annual dividend of $0.80 per share and has a dividend yield of 2.8%. Tencent Music Entertainment Group pays out 28.4% of its earnings in the form of a dividend. Warner Music Group pays out 63.5% 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 raised its dividend for 4 consecutive years. Tencent Music Entertainment Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

In the previous week, Warner Music Group had 5 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 9 mentions for Warner Music Group and 4 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 0.48 beat Warner Music Group'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
1 Very Positive mention(s)
1 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Warner Music Group
4 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
1 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

Tencent Music Entertainment Group has higher earnings, but lower revenue 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
Tencent Music Entertainment Group$4.71B2.67$1.54B$0.819.86
Warner Music Group$6.71B2.21$365M$1.2622.48

Tencent Music Entertainment Group has a beta of 0.85, indicating that its stock price is 15% less volatile than the broader market. Comparatively, Warner Music Group has a beta of 1.31, indicating that its stock price is 31% more volatile than the broader market.

Tencent Music Entertainment Group presently has a consensus price target of $17.21, indicating a potential upside of 115.46%. Warner Music Group has a consensus price target of $38.25, indicating a potential upside of 35.02%. Given Tencent Music Entertainment Group's higher possible upside, equities 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
Tencent Music Entertainment Group
0 Sell rating(s)
10 Hold rating(s)
3 Buy rating(s)
0 Strong Buy rating(s)
2.23
Warner Music Group
0 Sell rating(s)
4 Hold rating(s)
12 Buy rating(s)
0 Strong Buy rating(s)
2.75

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

MetricTencent Music Entertainment GroupEntertainment IndustryCommunication Services SectorNYSE Exchange
Market Cap$12.56B$10.56B$33.61B$23.39B
Dividend Yield2.92%3.90%5.34%3.56%
P/E Ratio9.8622.00211.2924.75
Price / Sales2.67112.6962.2521.22
Price / Cash8.4335.9520.8134.17
Price / Book1.096.6111.514.74
Net Income$1.54B$74.89M$1.11B$1.07B
7 Day Performance-3.42%0.02%-0.52%-2.00%
1 Month Performance-5.81%0.38%-0.52%-2.69%
1 Year Performance-68.03%-11.34%-7.70%10.45%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
4.2138 of 5 stars
$7.99
+1.1%
$17.21
+115.5%
-68.8%$12.56B$4.71B9.865,690
LYV
Live Nation Entertainment
3.5354 of 5 stars
$173.51
+0.0%
$197.19
+13.6%
-2.3%$40.88B$25.20BN/A34,700
TKO
TKO Group
4.1678 of 5 stars
$186.46
+0.2%
$238.08
+27.7%
-5.8%$35.21B$4.74B65.424,000
ROKU
Roku
2.8849 of 5 stars
$155.59
flat
$156.17
+0.4%
+60.7%$23.09B$4.74B66.493,600
FWONA
Liberty Media Corporation - Liberty Formula One Series A
3.1501 of 5 stars
$88.38
flat
$114.67
+29.7%
-5.8%$22.14B$4.48B129.976,800

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This page (NYSE:TME) was last updated on 9/12/2026 by MarketBeat.com Staff.
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