Stock TME TENCENT MUSIC ENTERTAINMENT GROUP
Add to a list
To use this feature you must be a member
Log inSign up

Ratings Tencent Music Entertainment Group

Equities

TME

US88034P1093

Market Closed - Nyse
Other stock markets
 04:00:02 2024-05-03 pm EDT 		5-day change 1st Jan Change
13.5 USD +3.45% Intraday chart for Tencent Music Entertainment Group +4.81% +49.83%
Apr. 05 Asian Equities Traded in the US as American Depositary Receipts Nudge Higher in Friday Trading, End Week Lower MT
Mar. 22 Sector Update: Tech Stocks Mixed Pre-Bell Friday MT

Summary

  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • Overall, and from a short-term perspective, the company presents an interesting fundamental situation.
  • The company has a poor ESG score according to Refinitiv, which ranks companies by sector.

Strengths

  • Before interest, taxes, depreciation and amortization, the company's margins are particularly high.
  • The group's activity appears highly profitable thanks to its outperforming net margins.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Analysts have consistently raised their revenue expectations for the company, which provides good prospects for the current and next years in terms of revenue growth.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • For the past twelve months, EPS forecast has been revised upwards.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • The average price target of analysts who are interested in the stock has been strongly revised upwards over the last four months.
  • The opinion of analysts covering the stock has improved over the past four months.
  • Historically, the company has been releasing figures that are above expectations.

Weaknesses

  • With a 2024 P/E ratio at 3.63 times the estimated earnings, the company operates at rather significant levels of earnings multiples.
  • The company's enterprise value to sales, at -0.09 times its current sales, is high.
  • The appreciation potential seems limited due to the average target prices set by the analysts covering the stock.

Ratings chart - Surperformance

Chart ESG Refinitiv

Sector: Internet Services

1st Jan change Capi. Investor Rating ESG Refinitiv
TENCENT MUSIC ENTERTAINMENT GROUP Stock Tencent Music Entertainment Group
+49.83% 21.04B
D+
META PLATFORMS, INC. Stock Meta Platforms, Inc.
+27.69% 1,146B
C
KUAISHOU TECHNOLOGY Stock Kuaishou Technology
+17.47% 34.53B
C+
MATCH GROUP, INC. Stock Match Group, Inc.
-12.52% 8.48B
C-
WEIBO CORPORATION Stock Weibo Corporation
-11.69% 2.35B
C
BUMBLE INC. Stock Bumble Inc.
-31.21% 1.28B -
NEXTDOOR HOLDINGS, INC. Stock Nextdoor Holdings, Inc.
+13.76% 846M -
GREE, INC. Stock GREE, Inc.
-19.12% 515M
C-
NEW WORK SE Stock New Work SE
-25.38% 356M
B-
ZIGEXN CO., LTD. Stock ZIGExN Co., Ltd.
-2.45% 352M -
Investor Rating
Trading Rating
ESG Refinitiv

Financials

Sales growth
Earnings Growth
EBITDA / Sales
Profitability
Finances

Valuation

P/E ratio
EV / Sales
Price to Book
Price to Free Cash Flow
Yield
-

Momentum

1 year Revenue revision
4 months Revenue revision
7 days Revenue revision
1 year EPS revision
4 months EPS revision

Consensus

Analyst Opinion
Potential Price Target
4m Target Price Revision
4m Revision of opinion
12m Revision of opinion

Business Predictability

Analyst Coverage
Divergence of Estimates
Divergence of analysts' opinions
Divergence of Target Price
Earnings quality

Environment

Emissions
Innovation
Use of resources

Social

Social commitment
Human Rights
Product liability
Human Resources

Governance

CSR Strategy
Management
Shareholders

Controversy

Controversy

Technical analysis

ST Timing
MT Timing
LT Timing
RSI
Bollinger Spread
Unusual volumes
  1. Stock Market
  2. Equities
  3. TME Stock
  4. Ratings Tencent Music Entertainment Group