Tencent Music Entertainment Group (TME)

NYSE: TME · USD

$8.32

-0.17 (-2.0%)· Recorded snapshot

Market cap	13.7B
Revenue (ttm)	5B
Net income (ttm)	1.3B
EPS (ttm)	$0.84
Shares out	1.7B
P/E (trailing)	9.9x
P/E (forward)	8.8x
Dividend	$0.24 (2.91%)
Volume	6,565,582
Beta	0.75

Market data

Price

Recent price action with selectable time range.

Financial snapshot

Revenue (ttm): 5B
Net income (ttm): 1.3B
EPS (ttm): $0.84
P/E (trailing): 9.9x
P/E (forward): 8.8x
Market cap: 13.7B

Ticker	Name	Market cap	P/E	P/S	ROIC	5Y rev CAGR	1Y total return	Rating
APP	AppLovin Corporation	87B	20.0x	12.7x	132.7%	+25.8%	-59.6%	Mantener
BIDU	Baidu, Inc.	27.1B	—	1.4x	3.4%	+1.5%	-38.7%	Comprar
CHTR	Charter Communications, Inc.	17.2B	2.7x	0.3x	8.5%	+1.7%	-57.3%	Compra fuerte

Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector percentile context

Refreshed 2026-10-28 19:55 UTC

Forward P/E8.8

P25 n/aP50 n/aP75 n/a

Trailing P/E9.9

P25 n/aP50 n/aP75 n/a

ROE11

P25 n/aP50 n/aP75 n/a

ROIC13.6

P25 n/aP50 n/aP75 n/a

Benchmarks · 1M

All TME indicators

Market & fundamental data

Available fields

274

Groups with data

Currency

CNY

Showing 274 of 274 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Amount currency	USD
CIK code	0001744676
Company name	Tencent Music Entertainment Group
Country	China
Country code	US
CUSIP number	88034P109
Earnings date	2026-11-17
Earnings time	bmo
Employees	5,690
Employees change	337
Employees growth	6.3%
Enterprise value	$11.7B
Exchange	NYSE
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-09
Fiscal year end	December
Industry	Internet Content & Information
IPO date	2018-12-12
Is primary listing	No
Is SPAC	No
ISIN number	US88034P1093
Last 10-K release date	2026-04-17
Last earnings date	2026-08-11
Last refreshed	2026-10-28
Last stock split type	Never
Market cap	$13.7B
Market cap category	Large-Cap
Next earnings date	2026-11-17
Options	Yes
Price	$8.32
Price currency	USD
Sector	Communication Services
SIC code	4832
Stock price date	2026-10-28
Symbol	TME
Website	https://www.tencentmusic.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Adjusted P/E ratio	18.24x
Average P/E ratio (10Y)	33.15x
Average P/E ratio (3Y)	19.31x
Average P/E ratio (5Y)	19.82x
Earnings yield	10.13%
EV/Earnings	8.89x
EV/EBIT	7.88x
EV/EBITDA	7.03x
EV/FCF	7.14x
EV/Sales	2.34x
FCF / EV yield	14.01%
FCF yield	11.94%
Forward EV/Sales	2.11x
Forward P/E	8.82x
Forward P/S	2.48x
Graham number	11.37416
Graham upside	37.04%
Industry forward P/E	21.71x
Industry P/E	18x
Lynch fair value	$13.45
Lynch upside	62.1%
P/(FCF - SBC) ratio	8.93x
P/(OCF - SBC) ratio	8.62x
P/B ratio	1.22x
P/E ratio	9.88x
P/FCF ratio	8.38x
P/OCF ratio	8.1x
P/S ratio	2.74x
PEG ratio	1.83x
Price / tangible book value	2.31x
Price/EBITDA ratio	8.25x
Sector forward P/E	18.37x
Sector P/E	19.09x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT margin	29.66%
EBITDA margin	33.23%
Effective tax rate	17.39%
FCF margin	32.13%
Gross margin	44.32%
Operating margin	29.66%
Pretax margin	32.78%
Profit margin	26.28%
Profit per employee	$230,731
Profitable quarters	30
Profitable years	10
Revenue per employee	$877,907
ROA	5.6%
ROA (5Y)	4.53%
ROCE	10.68%
ROE	10.97%
ROE (5Y)	9.95%
ROIC	13.57%
ROIC (5Y)	11.56%
SBC / revenue	1.97%
Tax / revenue	5.7%

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
EPS growth	-12.8%
EPS growth (Q)	2.38%
EPS growth (QoQ)	17.87%
EPS growth 3Y	25.09%
EPS growth 5Y	18.81%
EPS growth quarters	1
EPS growth years	4
FCF growth	30.54%
FCF growth (Q)	77.24%
FCF growth (QoQ)	14.54%
FCF growth 3Y	12.88%
FCF growth 5Y	16.44%
Gross profit growth	13.63%
Gross profit growth (Q)	5.33%
Gross profit growth 3Y	15.89%
Gross profit growth 5Y	8.38%
Net income growth	-12.91%
Net income growth (Q)	2.57%
Net income growth (QoQ)	18.17%
Net income growth 3Y	24.17%
Net income growth 5Y	16.92%
Net income growth quarters	1
Net income growth years	4
OCF growth	28.04%
OCF growth (Q)	74.85%
OCF growth (QoQ)	22.81%
OCF growth 3Y	13.71%
OCF growth 5Y	16.72%
Operating income growth	15.28%
Operating income growth (Q)	1.36%
Operating income growth 3Y	31.02%
Operating income growth 5Y	19.47%
Revenue growth	12.09%
Revenue growth (Q)	5.82%
Revenue growth (QoQ)	13.15%
Revenue growth 3Y	5.28%
Revenue growth 5Y	1.34%
Revenue growth quarters	8
Revenue growth years	2

Financial statements

Income-statement and cash-flow amounts, totals and per share.

Metric	Value
Capital expenditures	$-55.1M
Depreciation and amortization	$181.7M
EBIT	$1.5B
EBITDA	$1.7B
EPS	$0.84
FCF per share	$0.99
Financing cash flow	$756.1M
Free cash flow	$1.6B
Free cash flow minus SBC	$1.5B
Gross profit	$2.2B
Income taxes	$284.7M
Investing cash flow	$-506.6M
Net borrowing	$1.6B
Net cash flow	$1.9B
Net income	$1.3B
Operating cash flow minus SBC	$1.6B
Operating income	$1.5B
Revenue	$5B
Stock-based compensation	$98.5M

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Altman Z-Score	4.22
Book value per share	$6.98
Debt / EBITDA	1.48
Debt / equity	0.21
Debt / FCF	1.52
Goodwill	$4.5B
Interest coverage	74.01
Long-term assets	$11.3B
Long-term liabilities	$1.9B
Net cash (debt)	$2B
Net cash / market cap	14.79%
Net cash growth	-24.76%
Net debt / EBITDA	-1.22
Net debt / equity	-0.17
Net debt / FCF	-1.24
Piotroski F-Score	5
Property, plant and equipment	$279.3M
Shareholders' equity	$11.9B
Tangible book value	$5.9B
Tangible book value per share	$3.60
Total assets	$17.2B
Total cash	$4.5B
Total debt	$2.5B
Total liabilities	$5.3B
WACC	7.2%

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Asset turnover	0.3
Current assets	$6B
Current liabilities	$3.4B
Current ratio	1.74
Inventory turnover	290.66
Net working capital	$-1.1B
Quick ratio	1.58
Working capital	$2.5B
Working capital turnover	0.32

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback yield / dilution	-0.22%
Dividend growth	33.33%
Dividend growth years	1
Dividend payment date	2026-04-23
Dividend payment years	3
Dividend payout frequency	Annual
Dividend per share	$0.24
Dividend yield	2.91%
Ex-dividend date	2026-04-02
FCF payout ratio	24.25%
Last dividend	$0.24
Payout ratio	28.49%
Shareholder yield	2.69%

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
150-day SMA	$8.84
1D price change	-2%
1M price change	-1.55%
1M total return	-1.55%
1W price change	-3.62%
1W total return	-3.62%
1Y price change	-65.16%
1Y return CAGR	-64.28%
1Y total return	-64.26%
20-day SMA	$8.32
200-day SMA	$10.34
3M price change	-11.47%
3M total return	-11.47%
3Y price change	15.85%
3Y return CAGR	6.67%
3Y total return	21.38%
50-day SMA	$8.29
50-day SMA vs 200-day SMA	50under200
52-week high	$23.51
52-week high date	2025-10-28
52-week low	$7.66
52-week low date	2026-10-02
5Y price change	2.1%
5Y return CAGR	1.36%
5Y total return	6.97%
6M price change	-11.75%
6M total return	-11.75%
All-time high	$32.25
All-time high date	2021-03-23
All-time low	$2.95
All-time low date	2022-03-14
Average true range (ATR)	$0.23
Average volume	4.6M
Beta (1Y)	1.4
Beta (2Y)	1.14
Beta (5Y)	0.75
Change from 52-week high	-64.61%
Change from 52-week low	8.62%
Change from all-time high	-74.39%
Change from all-time low	180%
Change from open	-1.42%
Day's gap	-0.59%
Dollar volume	$54.6M
High price	$8.46
Low price	$8.20
Monthly RSI	38.03
Open price	$8.44
Position in 52-week range	46.15%
Premarket change	-0.12%
Premarket close	$8.49
Premarket price	$8.48
Premarket volume	1.7K
Previous close	$8.49
Price vs 150-day SMA	-6.59%
Price vs 20-day SMA	-0.71%
Price vs 200-day SMA	-20.09%
Price vs 50-day SMA	-0.41%
Relative volume	1.44
RSI	46.16
Sharpe ratio	-2.04
Sharpe ratio (3Y)	0.33
Sharpe ratio (5Y)	0.22
Sortino ratio	-2.27
Sortino ratio (3Y)	0.6
Sortino ratio (5Y)	0.45
Volume	6.6M
Weekly RSI	38.08
YTD price change	-52.88%
YTD total return	-51.66%

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	652.2M
Float percentage	39.51%
Shares change (QoQ)	1.28%
Shares change (YoY)	0.22%
Shares held by insiders	0.42%
Shares held by institutions	29.6%
Shares outstanding	1.7B
Short % of shares	5.53%
Short ratio	4.2 days

Deeper analysis on TME

14 sections in the full report · jump straight to what you need

Forecast

Base and Bull forecast paths with report-date return framing.

→

Valuation

Fair-value bridge, DCF, owner earnings, and peer multiples.

→

Sensitivity

Cost-of-equity and terminal-growth stress table.

→

Risks

Kill scenarios, soft-pass flags, and downside catalysts.

→

Earnings

Next earnings setup and beat / inline / miss thresholds.

→

Position sizing

Entry, exit, conviction, and quarterly monitoring rules.

→

Financials

Revenue, margins, cash flow, and balance-sheet context.

→

Peers

Relative valuation and profitability against the cohort.

→

Moat

Economic-profit evidence and competitive advantage risk.

→

Industry cycle

Sector phase, capital cycle, and secular tailwinds.

→

Frequently asked questions

About this TME report

Is a complete TME research report available?

No complete published report is available for Tencent Music Entertainment Group (TME) on this page. Market-directory data, when present, is not a substitute for a validated stock analysis.

Tencent Music Entertainment Group (TME)

Price

Financial snapshot

Fair-value bridge

Latest news · TME

Valuation

Profitability

Balance sheet

Trading

Next earnings

Sector percentile context

All TME indicators

Profile and market data

Valuation

Profitability

Growth

Financial statements

Financial strength

Liquidity

Dividends and buybacks

Performance and technicals

Ownership and float

Deeper analysis on TME

Frequently asked questions