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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$9.13 -0.38 (-3.96%)
Closing price 03:58 PM Eastern
Extended Trading
$9.10 -0.04 (-0.42%)
As of 07:58 PM Eastern
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TME vs. ASTS, VOD, CHT, FOXA, and FOX

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 AST SpaceMobile (ASTS), Vodafone Group (VOD), Chunghwa Telecom (CHT), FOX (FOXA), and FOX (FOX). These companies are all part of the "communication" industry.

How does Tencent Music Entertainment Group compare to AST SpaceMobile?

Tencent Music Entertainment Group (NYSE:TME) and AST SpaceMobile (NASDAQ:ASTS) are both large-cap communication 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.

Tencent Music Entertainment Group has a beta of 0.8, suggesting that its share price is 20% less volatile than the broader market. Comparatively, AST SpaceMobile has a beta of 2.7, suggesting that its share price is 170% more volatile than the broader market.

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 11.20% beat AST SpaceMobile's return on equity.

Company Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group26.45% 11.20% 8.96%
AST SpaceMobile -573.67%-24.87%-12.58%

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
Tencent Music Entertainment Group$4.71B3.01$1.54B$0.8011.42
AST SpaceMobile$70.92M589.57-$341.94M-$1.78N/A

In the previous week, AST SpaceMobile had 46 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 51 mentions for AST SpaceMobile and 5 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.11 beat AST SpaceMobile's score of 0.46 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
AST SpaceMobile
22 Very Positive mention(s)
7 Positive mention(s)
10 Neutral mention(s)
5 Negative mention(s)
4 Very Negative mention(s)
Neutral

Tencent Music Entertainment Group currently has a consensus target price of $21.44, suggesting a potential upside of 134.77%. AST SpaceMobile has a consensus target price of $81.33, suggesting a potential downside of 24.51%. Given Tencent Music Entertainment Group's stronger consensus rating and higher possible upside, equities 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
Tencent Music Entertainment Group
0 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.43
AST SpaceMobile
3 Sell rating(s)
7 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
1.82

24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. Comparatively, 61.0% of AST SpaceMobile shares are owned by institutional investors. 20.9% of AST SpaceMobile shares are owned by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

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 Vodafone Group?

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

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
Tencent Music Entertainment Group26.45% 11.20% 8.96%
Vodafone Group N/A N/A N/A

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tencent Music Entertainment Group$4.71B3.01$1.54B$0.8011.42
Vodafone Group$46.92B0.74-$460.44MN/AN/A

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

Tencent Music Entertainment Group presently has a consensus price target of $21.44, indicating a potential upside of 134.77%. Vodafone Group has a consensus price target of $52.38, indicating a potential upside of 248.02%. Given Vodafone Group's higher possible 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
Tencent Music Entertainment Group
0 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.43
Vodafone Group
3 Sell rating(s)
5 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
1.90

In the previous week, Tencent Music Entertainment Group and Tencent Music Entertainment Group both had 5 articles in the media. Tencent Music Entertainment Group's average media sentiment score of 1.11 beat Vodafone Group's score of -0.02 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Vodafone Group
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Tencent Music Entertainment Group has a beta of 0.8, indicating that its share price is 20% less volatile than the broader market. Comparatively, Vodafone Group has a beta of 0.44, indicating that its share price is 56% 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 2.5%. Vodafone Group pays an annual dividend of $0.50 per share and has a dividend yield of 3.3%. 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 10 of the 15 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 companies, but which is the superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, media sentiment, earnings, risk and valuation.

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%

Tencent Music Entertainment Group currently has a consensus target price of $21.44, indicating a potential upside of 134.77%. Given Tencent Music Entertainment Group's stronger consensus rating and higher probable upside, analysts plainly 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
0 Sell rating(s)
2 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00

24.3% of Tencent Music Entertainment Group shares are held by institutional investors. Comparatively, 2.1% of Chunghwa Telecom shares are held by institutional investors. 1.0% of Chunghwa Telecom 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 has a beta of 0.8, indicating that its share price is 20% less volatile than the broader market. Comparatively, Chunghwa Telecom has a beta of 0.29, indicating that its share price is 71% less volatile than the broader market.

In the previous week, Tencent Music Entertainment Group had 4 more articles in the media than Chunghwa Telecom. MarketBeat recorded 5 mentions for Tencent Music Entertainment Group and 1 mentions for Chunghwa Telecom. Tencent Music Entertainment Group's average media sentiment score of 1.11 beat Chunghwa Telecom's score of 0.75 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
Chunghwa Telecom
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Tencent Music Entertainment Group has higher earnings, but lower revenue 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$4.71B3.01$1.54B$0.8011.42
Chunghwa Telecom$7.58B4.60$1.23B$1.6427.42

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.5%. Chunghwa Telecom pays an annual dividend of $1.30 per share and has a dividend yield of 2.9%. Tencent Music Entertainment Group pays out 28.8% of its earnings in the form of a dividend. 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.

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 FOX?

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

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% 11.20% 8.96%
FOX 10.56%18.90%9.85%

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.5%. 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.

In the previous week, Tencent Music Entertainment Group had 2 more articles in the media than FOX. MarketBeat recorded 5 mentions for Tencent Music Entertainment Group and 3 mentions for FOX. Tencent Music Entertainment Group's average media sentiment score of 1.11 beat FOX's score of 0.97 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)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive
FOX
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

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 insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

FOX has higher revenue and 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$4.71B3.01$1.54B$0.8011.42
FOX$16.30B1.66$2.26B$3.7916.96

Tencent Music Entertainment Group has a beta of 0.8, meaning that its stock price is 20% less volatile than the broader market. Comparatively, FOX has a beta of 0.51, meaning that its stock price is 49% less volatile than the broader market.

Tencent Music Entertainment Group currently has a consensus price target of $21.44, indicating a potential upside of 134.77%. FOX has a consensus price target of $74.86, indicating a potential upside of 16.45%. Given Tencent Music Entertainment Group's higher possible upside, analysts plainly 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
0 Sell rating(s)
8 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.43
FOX
1 Sell rating(s)
8 Hold rating(s)
7 Buy rating(s)
1 Strong Buy rating(s)
2.47

Summary

FOX beats Tencent Music Entertainment Group on 13 of the 20 factors compared between the two stocks.

How does Tencent Music Entertainment Group compare to FOX?

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

FOX presently has a consensus target price of $75.00, indicating a potential upside of 30.57%. Tencent Music Entertainment Group has a consensus target price of $21.44, indicating a potential upside of 134.77%. Given Tencent Music Entertainment Group's higher possible upside, analysts plainly 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)
1 Hold rating(s)
4 Buy rating(s)
1 Strong Buy rating(s)
2.71
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 2.5%. 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 revenue and 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
FOX$16.30B1.48$2.26B$3.7915.16
Tencent Music Entertainment Group$4.71B3.01$1.54B$0.8011.42

FOX has a beta of 0.54, meaning that its stock price is 46% less volatile than the broader market. Comparatively, Tencent Music Entertainment Group has a beta of 0.8, meaning that its stock price is 20% less volatile than the broader market.

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%

26.4% of FOX shares are held by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 23.1% 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 will outperform the market over the long term.

In the previous week, FOX had 63 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 68 mentions for FOX and 5 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 1.11 beat FOX's score of -0.16 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
5 Very Positive mention(s)
6 Positive mention(s)
28 Neutral mention(s)
13 Negative mention(s)
15 Very Negative mention(s)
Neutral
Tencent Music Entertainment Group
3 Very Positive mention(s)
0 Positive mention(s)
2 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Summary

FOX beats Tencent Music Entertainment Group on 13 of the 20 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$14.15B$14.69B$7.17B$23.08B
Dividend Yield2.45%3.65%2.85%4.09%
P/E Ratio11.4231.6021.3331.02
Price / Sales3.013.053.7614.81
Price / Cash9.8715.7015.0424.78
Price / Book1.222.263.654.67
Net Income$1.54B$924.61M$247.47M$1.07B
7 Day Performance-1.10%-2.29%-0.70%-0.67%
1 Month Performance0.45%1.17%12.67%0.22%
1 Year Performance-47.44%23.01%14.21%25.44%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
4.9322 of 5 stars
$9.13
-4.0%
$21.44
+134.8%
-45.2%$14.73B$4.71B11.325,690
ASTS
AST SpaceMobile
1.9116 of 5 stars
$105.86
flat
$79.45
-24.9%
+389.3%$41.09B$70.92MN/A1,126
VOD
Vodafone Group
4.6266 of 5 stars
$14.94
flat
$72.00
+381.9%
+45.4%$34.40B$46.92BN/A92,000
CHT
Chunghwa Telecom
0.5735 of 5 stars
$43.67
0.0%
N/A+3.0%$33.88B$7.58B26.6332,606
FOXA
FOX
4.3993 of 5 stars
$63.98
flat
$74.86
+17.0%
+19.1%$27.22B$16.30B16.8810,400

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This page (NYSE:TME) was last updated on 6/3/2026 by MarketBeat.com Staff.
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