What is Tencent Music Entertainment Group?
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China.
TME · Verdict
Solid reward · low risk
TME scores well on balance sheet and cash flow with no major weaknesses flagged in the model.
Based on 88% data coverage
TME · Verdict
Interest covered 71.3×
33% free-cash-flow margin
P/E 15.3× · PEG 0.62
Top decile vs peers
23% net margin · 15% ROE
Rev -3.1% CAGR · earnings +29.9%
Model-based scoring. For information only — not financial advice.
Tencent Music Entertainment Group operates online music entertainment platforms that provides 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, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company is listed on the NYSE in USA, operating in the Communication Services sector, with a market capitalisation of 24.59B, and a P/E ratio of 14.5x.
The scoring profile indicates moderate reward potential, with valuation and profitability as the leading contributors. Risk indicators are low, suggesting a relatively contained downside profile.
For informational purposes only. Not financial advice.