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LON/0A2Z (LON/0A2Z)

London Stock Exchange: LON/0A2Z · USD

$8.33

-0.15 (-1.8%)· Recorded snapshot

Market cap	10.4B
Revenue (ttm)	3.8B
Net income (ttm)	989.5M
EPS (ttm)	$0.63
P/E (trailing)	9.9x
P/E (forward)	9.2x
Dividend	$0.18 (2.79%)
Volume	13,532
Beta	0.75

Market data

Price

Recent price action with selectable time range.

Metric	Value
Amount currency	GBP
Country	Cayman Islands
Country code	UK
Earnings date	2026-11-17
Employees	5,690
Employees change	337
Employees growth	6.3%
Enterprise value	$9.1B
Exchange	London Stock Exchange
Financial currency	CNY
Financial report date	2026-06-30
First seen	2026-05-10
Fiscal year end	December
Industry	Internet Content & Information
Is primary listing	No
ISIN number	US88034P1093
Last earnings date	2026-08-11
Last refreshed	2026-10-28
Market cap	$10.4B
Next earnings date	2026-11-17
Price	$8.33
Price currency	USD
Sector	Communication Services
SIC code	7370
Stock price date	2026-10-28
Symbol	lon/0A2Z
Website	https://www.tencentmusic.com

Metric

Value

Amount currency

GBP

Country

Cayman Islands

Country code

Earnings date

2026-11-17

Employees

5,690

Employees change

337

Employees growth

6.3%

Enterprise value

$9.1B

Exchange

London Stock Exchange

Financial currency

CNY

Financial report date

2026-06-30

First seen

2026-05-10

Fiscal year end

December

Industry

Internet Content & Information

Is primary listing

ISIN number

US88034P1093

Last earnings date

2026-08-11

Last refreshed

2026-10-28

Market cap

$10.4B

Next earnings date

2026-11-17

Price

$8.33

Price currency

USD

Sector

Communication Services

SIC code

7370

Stock price date

2026-10-28

Symbol

lon/0A2Z

Website

https://www.tencentmusic.com

Metric	Value
Average P/E ratio (10Y)	33.15x
Average P/E ratio (3Y)	19.31x
Average P/E ratio (5Y)	19.82x
Earnings yield	10.12%
EV/Earnings	9.42x
EV/EBIT	8.34x
EV/EBITDA	7.38x
EV/FCF	7.7x
EV/Sales	2.48x
FCF / EV yield	12.98%
FCF yield	11.49%
Forward P/E	9.19x
Graham number	11.39417
Graham upside	34.37%
Industry forward P/E	14.19x
Industry P/E	21.85x
Lynch fair value	$13.48
Lynch upside	58.94%
P/(FCF - SBC) ratio	9.28x
P/(OCF - SBC) ratio	8.95x
P/B ratio	1.17x
P/E ratio	9.89x
P/FCF ratio	8.71x
P/OCF ratio	8.42x
P/S ratio	2.8x
Price / tangible book value	2.35x
Price/EBITDA ratio	8.42x
Sector forward P/E	12.61x
Sector P/E	55.35x

Metric

Value

Average P/E ratio (10Y)

33.15x

Average P/E ratio (3Y)

19.31x

Average P/E ratio (5Y)

19.82x

Earnings yield

10.12%

EV/Earnings

9.42x

EV/EBIT

8.34x

EV/EBITDA

7.38x

EV/FCF

7.7x

EV/Sales

2.48x

FCF / EV yield

12.98%

FCF yield

11.49%

Forward P/E

9.19x

Graham number

11.39417

Graham upside

34.37%

Industry forward P/E

14.19x

Industry P/E

21.85x

Lynch fair value

$13.48

Lynch upside

58.94%

P/(FCF - SBC) ratio

9.28x

P/(OCF - SBC) ratio

8.95x

P/B ratio

1.17x

P/E ratio

9.89x

P/FCF ratio

8.71x

P/OCF ratio

8.42x

P/S ratio

2.8x

Price / tangible book value

2.35x

Price/EBITDA ratio

8.42x

Sector forward P/E

12.61x

Sector P/E

55.35x

Metric	Value
EBIT margin	29.66%
EBITDA margin	33.23%
Effective tax rate	17.39%
FCF margin	31.58%
Gross margin	44.32%
Operating margin	29.66%
Pretax margin	32.78%
Profit margin	26.28%
Profit per employee	$173,902
Profitable quarters	30
Profitable years	10
Revenue per employee	$661,678
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%

Metric

Value

EBIT margin

29.66%

EBITDA margin

33.23%

Effective tax rate

17.39%

FCF margin

31.58%

Gross margin

44.32%

Operating margin

29.66%

Pretax margin

32.78%

Profit margin

26.28%

Profit per employee

$173,902

Profitable quarters

Profitable years

Revenue per employee

$661,678

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%

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 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

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 years

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

Net income growth years

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

Revenue growth years

Metric	Value
Capital expenditures	$-40.7M
Depreciation and amortization	$136.7M
EBIT	$1.1B
EBITDA	$1.3B
EPS	$0.63
Financing cash flow	$569.9M
Free cash flow	$1.2B
Free cash flow minus SBC	$1.1B
Gross profit	$1.7B
Income taxes	$214.6M
Investing cash flow	$-381.8M
Net borrowing	$1.2B
Net cash flow	$1.4B
Net income	$989.5M
Operating cash flow minus SBC	$1.2B
Operating income	$1.1B
Revenue	$3.8B
Stock-based compensation	$74.2M

Metric

Value

Capital expenditures

$-40.7M

Depreciation and amortization

$136.7M

EBIT

$1.1B

EBITDA

$1.3B

EPS

$0.63

Financing cash flow

$569.9M

Free cash flow

$1.2B

Free cash flow minus SBC

$1.1B

Gross profit

$1.7B

Income taxes

$214.6M

Investing cash flow

$-381.8M

Net borrowing

$1.2B

Net cash flow

$1.4B

Net income

$989.5M

Operating cash flow minus SBC

$1.2B

Operating income

$1.1B

Revenue

$3.8B

Stock-based compensation

$74.2M

Metric	Value
Altman Z-Score	4.22
Book value per share	$5.26
Debt / EBITDA	1.48
Debt / equity	0.21
Debt / FCF	1.55
Goodwill	$3.4B
Interest coverage	74.01
Long-term assets	$8.5B
Long-term liabilities	$1.4B
Net cash (debt)	$1.5B
Net cash / market cap	14.51%
Net cash growth	-24.76%
Net debt / EBITDA	-1.22
Net debt / equity	-0.17
Net debt / FCF	-1.26
Piotroski F-Score	5
Property, plant and equipment	$210.2M
Shareholders' equity	$9B
Tangible book value	$4.5B
Tangible book value per share	$2.71
Total assets	$13B
Total cash	$3.4B
Total debt	$1.9B
Total liabilities	$4B
WACC	7.22%

Metric

Value

Altman Z-Score

4.22

Book value per share

$5.26

Debt / EBITDA

1.48

Debt / equity

0.21

Debt / FCF

1.55

Goodwill

$3.4B

Interest coverage

74.01

Long-term assets

$8.5B

Long-term liabilities

$1.4B

Net cash (debt)

$1.5B

Net cash / market cap

14.51%

Net cash growth

-24.76%

Net debt / EBITDA

-1.22

Net debt / equity

-0.17

Net debt / FCF

-1.26

Piotroski F-Score

Property, plant and equipment

$210.2M

Shareholders' equity

$9B

Tangible book value

$4.5B

Tangible book value per share

$2.71

Total assets

$13B

Total cash

$3.4B

Total debt

$1.9B

Total liabilities

$4B

WACC

7.22%

Metric	Value
Asset turnover	0.3
Current assets	$4.5B
Current liabilities	$2.6B
Current ratio	1.74
Inventory turnover	290.66
Net working capital	$-840.8M
Quick ratio	1.58
Working capital	$1.9B
Working capital turnover	0.24

Metric

Value

Asset turnover

0.3

Current assets

$4.5B

Current liabilities

$2.6B

Current ratio

1.74

Inventory turnover

290.66

Net working capital

$-840.8M

Quick ratio

1.58

Working capital

$1.9B

Working capital turnover

0.24

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	$0.18
Dividend yield	2.79%
Ex-dividend date	2026-04-02
Last dividend	$0.23
Payout ratio	28.47%
Shareholder yield	2.53%

Metric

Value

Buyback yield / dilution

-0.22%

Dividend growth

33.33%

Dividend growth years

Dividend payment date

2026-04-23

Dividend payment years

Dividend payout frequency

Annual

Dividend per share

$0.18

Dividend yield

2.79%

Ex-dividend date

2026-04-02

Last dividend

$0.23

Payout ratio

28.47%

Shareholder yield

2.53%

Metric	Value
150-day SMA	$8.85
1D price change	-1.77%
1M price change	-0.6%
1M total return	-0.6%
1W price change	-2.69%
1W total return	-2.69%
1Y price change	-64.99%
1Y return CAGR	-64.11%
1Y total return	-64.08%
20-day SMA	$8.31
200-day SMA	$10.38
3M price change	-10.72%
3M total return	-10.72%
3Y price change	-7.44%
3Y return CAGR	-0.58%
3Y total return	-1.72%
50-day SMA	$8.30
50-day SMA vs 200-day SMA	50under200
52-week high	$23.42
52-week high date	2025-10-28
52-week low	$7.66
52-week low date	2026-10-02
5Y price change	-47.94%
5Y return CAGR	-11.18%
5Y total return	-44.72%
6M price change	-10.96%
6M total return	-10.96%
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)	$0.24
Average volume	16.8K
Beta (5Y)	0.75
Change from 52-week high	-65.06%
Change from 52-week low	8.73%
Change from all-time high	-74.17%
Change from all-time low	182.18%
Change from open	-2%
Day's gap	0.24%
Dollar volume	$112,722
High price	$8.55
Low price	$8.27
Monthly RSI	38.03
Open price	$8.50
Position in 52-week range	20.51%
Previous close	$8.48
Price vs 150-day SMA	-5.92%
Price vs 20-day SMA	0.3%
Price vs 200-day SMA	-19.76%
Price vs 50-day SMA	0.37%
Relative volume	0.84
RSI	48.89
Sharpe ratio	-1.92
Sharpe ratio (3Y)	0.31
Sharpe ratio (5Y)	0.39
Sortino ratio	-2.14
Sortino ratio (3Y)	0.75
Sortino ratio (5Y)	0.93
Volume	13.5K
Weekly RSI	38.81
YTD price change	-52.7%
YTD total return	-51.48%

Metric

Value

150-day SMA

$8.85

1D price change

-1.77%

1M price change

-0.6%

1M total return

-0.6%

1W price change

-2.69%

1W total return

-2.69%

1Y price change

-64.99%

1Y return CAGR

-64.11%

1Y total return

-64.08%

20-day SMA

$8.31

200-day SMA

$10.38

3M price change

-10.72%

3M total return

-10.72%

3Y price change

-7.44%

3Y return CAGR

-0.58%

3Y total return

-1.72%

50-day SMA

$8.30

50-day SMA vs 200-day SMA

50under200

52-week high

$23.42

52-week high date

2025-10-28

52-week low

$7.66

52-week low date

2026-10-02

5Y price change

-47.94%

5Y return CAGR

-11.18%

5Y total return

-44.72%

6M price change

-10.96%

6M total return

-10.96%

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)

$0.24

Average volume

16.8K

Beta (5Y)

0.75

Change from 52-week high

-65.06%

Change from 52-week low

8.73%

Change from all-time high

-74.17%

Change from all-time low

182.18%

Change from open

-2%

Day's gap

0.24%

Dollar volume

$112,722

High price

$8.55

Low price

$8.27

Monthly RSI

38.03

Open price

$8.50

Position in 52-week range

20.51%

Previous close

$8.48

Price vs 150-day SMA

-5.92%

Price vs 20-day SMA

0.3%

Price vs 200-day SMA

-19.76%

Price vs 50-day SMA

0.37%

Relative volume

0.84

RSI

48.89

Sharpe ratio

-1.92

Sharpe ratio (3Y)

0.31

Sharpe ratio (5Y)

0.39

Sortino ratio

-2.14

Sortino ratio (3Y)

0.75

Sortino ratio (5Y)

0.93

Volume

13.5K

Weekly RSI

38.81

YTD price change

-52.7%

YTD total return

-51.48%

Metric	Value
Float	652.2M
Shares change (QoQ)	1.28%
Shares change (YoY)	0.22%
Short ratio	3.8 days

Metric

Value

Float

652.2M

Shares change (QoQ)

1.28%

Shares change (YoY)

0.22%

Short ratio

3.8 days

LON/0A2Z (LON/0A2Z)

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