(TME) Tencent Music Entertainment - Ratings and Ratios

Exchange: NYSE • Country: China • Currency: USD • Type: Common Stock • ISIN: US88034P1093

Music Streaming, Karaoke, Live Streaming, Audio Content, Artist Merchandise

TME EPS (Earnings per Share)

EPS (Earnings per Share) of TME over the last years for every Quarter: "2020-03": 0.53, "2020-06": 0.56, "2020-09": 0.67, "2020-12": 0.71, "2021-03": 0.28, "2021-06": 0.49, "2021-09": 0.44, "2021-12": 0.32, "2022-03": 0.37, "2022-06": 0.53, "2022-09": 0.66, "2022-12": 0.73, "2023-03": 0.73, "2023-06": 0.82, "2023-09": 0.74, "2023-12": 0.83, "2024-03": 0.91, "2024-06": 1.07, "2024-09": 1.01, "2024-12": 1.26, "2025-03": 2.77,

TME Revenue

Revenue of TME over the last years for every Quarter: 2020-03: 6311, 2020-06: 6932, 2020-09: 7575, 2020-12: 8335, 2021-03: 7824, 2021-06: 8008, 2021-09: 7805, 2021-12: 7607, 2022-03: 6644, 2022-06: 6905, 2022-09: 7365, 2022-12: 7425, 2023-03: 7004, 2023-06: 7286, 2023-09: 6569, 2023-12: 6893, 2024-03: 6768, 2024-06: 7160, 2024-09: 7015, 2024-12: 7458, 2025-03: 7356,

Description: TME Tencent Music Entertainment

Tencent Music Entertainment Group is a leading online music entertainment platform in China, offering a diverse range of services including music streaming, online karaoke, and live streaming. The companys flagship platforms, QQ Music, Kugou Music, and Kuwo Music, provide users with personalized music experiences, while WeSing enables users to engage in karaoke and share their performances. Additionally, the company offers long-form audio content, music-oriented video content, and music-centric live streaming services, creating an interactive online stage for performers and users to showcase their talent.

The companys business model is diversified, with revenue streams coming from music subscriptions, advertising services, sales of artist-related merchandise, content licensing, and artist management services. As a subsidiary of Tencent Holdings Limited, Tencent Music Entertainment Group leverages its parent companys vast resources and expertise to drive growth and innovation. With its headquarters in Shenzhen, China, the company is well-positioned to capitalize on the countrys thriving music industry.

From a technical analysis perspective, TMEs stock price has been trending upwards, with its SMA20, SMA50, and SMA200 all indicating a bullish outlook. The stocks ATR suggests a moderate level of volatility, while its 52-week high and low prices indicate a relatively stable trading range. Using this technical data, we can forecast that TMEs stock price is likely to continue its upward trend, potentially reaching $19.50 in the near term, based on the stocks historical price movements and current momentum.

Fundamentally, TMEs market capitalization and P/E ratio suggest that the company is a significant player in the music entertainment industry, with a reasonable valuation. The companys RoE indicates a decent level of profitability, while its P/E Forward suggests that analysts expect earnings to grow in the future. Combining this fundamental data with the technical analysis, we can forecast that TMEs stock price will continue to rise, driven by the companys strong business model, growing revenue streams, and increasing profitability, potentially reaching a price target of $22.00 within the next 6-12 months.

Additional Sources for TME Stock

News: Wall Street Journal | Benzinga | Yahoo Finance
Tweets: X | Stocktwits
Fund Manager Positions: Dataroma | Stockcircle

TME Stock Overview

Market Cap in USD 28,816m
Sector Communication Services
Industry Internet Content & Information
GiC Sub-Industry Movies & Entertainment
IPO / Inception 2018-12-12

TME Stock Ratings

Growth Rating 14.7
Fundamental 55.4
Dividend Rating 47.7
Rel. Strength 2.66
Analysts 4.56 of 5
Fair Price Momentum 18.11 USD
Fair Price DCF 248.13 USD

TME Dividends

Dividend Yield 12m 1.13%
Yield on Cost 5y 1.15%
Annual Growth 5y 14.62%
Payout Consistency 100.0%
Payout Ratio 4.3%

TME Growth Ratios

Growth Correlation 3m 96.1%
Growth Correlation 12m 50%
Growth Correlation 5y -6.3%
CAGR 5y 4.53%
CAGR/Max DD 5y 0.05
Sharpe Ratio 12m -0.56
Alpha 21.00
Beta 0.476
Volatility 43.29%
Current Volume 3276.7k
Average Volume 20d 5507.8k
What is the price of TME shares?
As of July 04, 2025, the stock is trading at USD 19.46 with a total of 3,276,733 shares traded.
Over the past week, the price has changed by +4.06%, over one month by +11.97%, over three months by +35.89% and over the past year by +30.25%.
Is Tencent Music Entertainment a good stock to buy?
Partly, yes. Based on ValueRay´s Fundamental Analyses, Tencent Music Entertainment (NYSE:TME) is currently (July 2025) ok to buy, but has to be watched. It has a ValueRay Fundamental Rating of 55.43 and therefor a somewhat positive outlook according to the companies health.
Based on momentum, paid dividends and discounted-cash-flow analyses, the fair value of TME is around 18.11 USD . This means that TME is currently overvalued and has a potential downside of -6.94%.
Is TME a buy, sell or hold?
Tencent Music Entertainment has received a consensus analysts rating of 4.56. Therefore, it is recommended to buy TME.
  • Strong Buy: 20
  • Buy: 10
  • Hold: 2
  • Sell: 0
  • Strong Sell: 0
What are the forecasts for TME share price target?
According to our own proprietary Forecast Model, TME Tencent Music Entertainment will be worth about 20.2 in July 2026. The stock is currently trading at 19.46. This means that the stock has a potential upside of +3.85%.
Issuer Target Up/Down from current
Wallstreet Target Price 18.6 -4.4%
Analysts Target Price 16.6 -15%
ValueRay Target Price 20.2 3.9%