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Tencent Music Entertainment Group is an internet content & information business based in the US. Tencent Music Entertainment Group shares (TME) are listed on the NYSE and all prices are listed in US Dollars. Tencent Music Entertainment Group employs 5,966 staff and has a trailing 12-month revenue of around $28.5 billion.
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| Latest market close | $8.67 |
|---|---|
| 52-week range | $2.95 - $9.29 |
| 50-day moving average | $7.37 |
| 200-day moving average | $5.12 |
| Wall St. target price | $8.28 |
| PE ratio | 30.5714 |
| Dividend yield | $0 (0%) |
| Earnings per share (TTM) | $0.28 |
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The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
Historical closes compared with the close of $8.67 from 2023-01-27
| 1 week (2023-01-23) | 2.24% |
|---|---|
| 1 month (2022-12-30) | 4.71% |
| 3 months (2022-10-28) | 136.24% |
| 6 months (2022-07-29) | 105.94% |
| 1 year (2022-01-28) | 55.66% |
|---|---|
| 2 years (2021-01-29) | -67.41% |
| 3 years (2020-01-30) | 12.84 |
| 5 years (2018-01-26) | N/A |
Valuing Tencent Music Entertainment Group stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Tencent Music Entertainment Group's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Tencent Music Entertainment Group's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 31x. In other words, Tencent Music Entertainment Group shares trade at around 31x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
Tencent Music Entertainment Group's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.3834. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Tencent Music Entertainment Group's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Tencent Music Entertainment Group's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $3.8 billion.
The EBITDA is a measure of a Tencent Music Entertainment Group's overall financial performance and is widely used to measure a its profitability.
| Revenue TTM | $28.5 billion |
|---|---|
| Operating margin TTM | 10.51% |
| Gross profit TTM | $9.4 billion |
| Return on assets TTM | 2.81% |
| Return on equity TTM | 6.49% |
| Profit margin | 10.74% |
| Book value | $29.74 |
| Market capitalisation | $14.5 billion |
TTM: trailing 12 months
We're not expecting Tencent Music Entertainment Group to pay a dividend over the next 12 months.
Over the last 12 months, Tencent Music Entertainment Group's shares have ranged in value from as little as $2.95 up to $9.29. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Tencent Music Entertainment Group's is 0.7826. This would suggest that Tencent Music Entertainment Group's shares are less volatile than average (for this exchange).
Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
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