Tencent Music Entertainment Group ADR TME
About Quantitative Ratings
Morningstar Quantitative Ratings for Stocks are generated using an algorithm that compares companies that are not under analyst coverage to peer companies that do receive analyst-driven ratings. Companies with quantitative ratings are not formally covered by a Morningstar analyst, but are statistically matched to analyst-rated companies, allowing our models to calculate a quantitative moat, fair value, and uncertainty rating.
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News
-
Tencent Music Shares Rise After Earnings Beat
-
Tencent Music Entertainment Up Nearly 10%, on Track for Highest Close Since July 2021 — Data Talk
-
Nio, Alibaba shares jump as China breakout rally looks set to continue: analyst
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Tencent Music Shares Rise 5.1% on Strength in Online Music Services Business
Trading Information
- Previous Close Price
- $244.00
- Day Range
- $246.25–246.25
- 52-Week Range
- $108.90–246.25
- Bid/Ask
- $246.00 / $270.00
- Market Cap
- $422.58 Bil
- Volume/Avg
- 106 / 114
Key Statistics
- Price/Earnings (Normalized)
- 25.72
- Price/Sales
- 5.83
- Dividend Yield (Trailing)
- 1.03%
- Dividend Yield (Forward)
- 1.03%
- Total Yield
- 1.67%
Company Profile
Tencent Music is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
- Sector
- Communication Services
- Industry
- Internet Content & Information
- Stock Style Box
- Large Growth
- Total Number of Employees
- 5,185
- Website
- https://www.tencentmusic.com
Competitors
Valuation
|
Metric
|
TME
|
SIRI
|
SPOT
|
|---|---|---|---|
Price/Earnings (Normalized) | 25.72 | 6.69 | 233.02 |
Price/Book Value | 3.03 | — | 17.44 |
Price/Sales | 5.83 | 1.13 | 4.11 |
Price/Cash Flow | 19.62 | 4.66 | 109.43 |
Price/Earnings
TME
SIRI
SPOT
Financial Strength
|
Metric
|
TME
|
SIRI
|
SPOT
|
|---|---|---|---|
Quick Ratio | 2.42 | 0.22 | 1.38 |
Current Ratio | 2.67 | 0.35 | 1.42 |
Interest Coverage | 46.80 | 4.69 | −4.75 |
Quick Ratio
TME
SIRI
SPOT
Profitability
|
Metric
|
TME
|
SIRI
|
SPOT
|
|---|---|---|---|
Return on Assets (Normalized) | 8.61% | 14.48% | 4.57% |
Return on Equity (Normalized) | 11.56% | — | 14.73% |
Return on Invested Capital (Normalized) | 8.94% | 26.99% | 6.53% |
Return on Assets
TME
SIRI
SPOT
Internet Content & Information Industry Comparables
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1-Day Chart
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| Tencent Music Entertainment Group ADR
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| Xshxctfdb | Khczv | $25.4 Bil |