NYSE
TME

Tencent Music Entertainment Group

RADIO BROADCASTING STATIONS
Technology

Prices are adjusted according to historical splits.

Tencent Music Entertainment Group Stock Price

Vitals

Today's Low:
$3.6500
Today's High:
$3.9300
Open Price:
$3.7500
52W Low:
$2.95
52W High:
$8.86
Prev. Close:
$3.7600
Volume:
14354180

Company Statistics

Market Cap.:
$6.340 billion
Book Value:
29.28
Revenue TTM:
$28.961 billion
Operating Margin TTM:
9.36%
Gross Profit TTM:
$9.404 billion
Gross Profit TTM:
$9.404 billion
Profit Margin:
9.46%
Return on Assets TTM:
2.52%
Return on Equity TTM:
5.78%

Company Profile

Tencent Music Entertainment Group had its IPO on 2018-12-12 under the ticker symbol TME.

The company operates in the Technology sector and RADIO BROADCASTING STATIONS industry. Tencent Music Entertainment Group has a staff strength of 0 employees.

Stock update

Shares of Tencent Music Entertainment Group opened at $3.75 at the start of the last trading session i.e. 2022-11-02.

The stocks traded within a range of $3.65 - $3.93, and closed at $3.74.

This is a -0.53% slip from the previous day's closing price.

A total volume of 14,354,180 shares were traded at the close of the day’s session.

In the last one week, shares of Tencent Music Entertainment Group have slipped by -6.5%.

Tencent Music Entertainment Group's Key Ratios

Tencent Music Entertainment Group has a market cap of $6.340 billion, indicating a price to book ratio of 0.977 and a price to sales ratio of 0.219.

In the last 12-months Tencent Music Entertainment Group’s revenue was $28.961 billion with a gross profit of $9.404 billion and an EBITDA of $3.519 billion. The EBITDA ratio measures Tencent Music Entertainment Group's overall financial performance and is widely used to measure its profitability.

In the trailing 12-month period, Tencent Music Entertainment Group’s operating margin was 9.36% while its return on assets stood at 2.52% with a return of equity of 5.78%.

In Q2, Tencent Music Entertainment Group’s quarterly earnings growth was a positive 8.3% while revenue growth was a negative 13.8%.

Tencent Music Entertainment Group’s PE and PEG Ratio

Forward PE
9.35
Trailing PE
17
PEG
0.818

Its diluted EPS in the last 12-months stands at $0.22 per share while it has a forward price to earnings multiple of 9.35 and a PEG multiple of 0.818. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.

The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Tencent Music Entertainment Group’s profitability.

Tencent Music Entertainment Group stock is trading at a EV to sales ratio of 0.148 and a EV to EBITDA ratio of 1.252. Its price to sales ratio in the trailing 12-months stood at 0.219.

Tencent Music Entertainment Group stock pays annual dividends of $0 per share, indicating a yield of 0% and a payout ratio of 0%.

Balance sheet and cash flow metrics

Total Assets
$0.000 billion
Total Liabilities
$0.000 billion
Operating Cash Flow
$0.000 billion
Capital Expenditure
$0.000 billion
Dividend Payout Ratio
0%

Tencent Music Entertainment Group ended 1970 with $0.000 billion in total assets and $131.2 billion in total liabilities. Its intangible assets were valued at $0.000 billion while shareholder equity stood at $0.000 billion.

Tencent Music Entertainment Group ended 1970 with $0.000 billion in deferred long-term liabilities, $0.000 billion in other current liabilities, billion in common stock, $0.000 billion in retained earnings and $0.000 billion in goodwill. Its cash balance stood at $0.000 billion and cash and short-term investments were $0.000 billion. The company’s total short-term debt was $0.000 billion while long-term debt stood at $0.000 billion.

Tencent Music Entertainment Group’s total current assets stands at $0.000 billion while long-term investments were $0.000 billion and short-term investments were $0.000 million. Its net receivables were $0.000 billion compared to accounts payable of $0.000 billion and inventory worth $0.000 billion.

In 1970, Tencent Music Entertainment Group's operating cash flow was $0.000 billion while its capital expenditure stood at $0.000 billion.

Comparatively, Tencent Music Entertainment Group paid $0 billion in dividends in 1970.

Other key metrics

Current Trading Price
$3.74
52-Week High
$8.86
52-Week Low
$2.95
Analyst Target Price
$12.46

Tencent Music Entertainment Group stock is currently trading at $3.74 per share. It touched a 52-week high of $8.86 and a 52-week low of $8.86. Analysts tracking the stock have a 12-month average target price of $12.46.

Its 50-day moving average was $0 and 200-day moving average was $0 The short ratio stood at indicating a short percent outstanding of 0%.

Around 0% of the company’s stock are held by insiders while 0% are held by institutions.

Frequently Asked Questions About Tencent Music Entertainment Group

The stock symbol (also called stock or share ticker) of Tencent Music Entertainment Group is TME

The IPO of Tencent Music Entertainment Group took place on 2018-12-12

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About

Tencent Music Entertainment Group operates online music entertainment platforms providing music streaming, online karaoke and live streaming services in the People’s Republic of China.

Address

17/F, MALATA BUILDING, KEJIZHONGYI ROAD, MIDWEST DISTRICT OF HI-TECH PARK, NANSHAN DISTRICT, SHENZHEN, CHINA