Tencent Music Entertainment Group Sponsored ADR TME
- Market cap
- $5.0B
- P/E
- 10.1×
Follow TME
Target Price Range
Analyst price targets
Free account| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| — | — | 11.81 | 11.27 | 9.22 | 5.91 | 2.95 | 5.70 | 8.19 | 10.26 |
Analyst estimates 2026–2028 Powerpack |
Low Price
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| — | — | 14.75 | 19.97 | 20.18 | 32.25 | 8.71 | 9.29 | 15.77 | 26.70 |
High Price
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| — | 2,559 | 3,041 | 3,610 | 4,769 | 5,966 | 5,805 | 5,185 | 5,353 | 5,690 |
Employees
|
|||
| 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
Revenue/Emp
|
|||
| 656 | 1,625 | 2,869 | 3,680 | 4,224 | 4,843 | 4,211 | 3,921 | 3,951 | 4,577 |
Revenue
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|||
| 23.78% | 34.70% | 38.33% | 34.10% | 31.91% | 30.10% | 30.96% | 35.29% | 42.34% | 44.18% |
Gross Margin
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|||
| 16 | 236 | 303 | 657 | 671 | 563 | 650 | 854 | 1,212 | 1,847 |
EBT
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| 2.44% | 14.54% | 10.55% | 17.85% | 15.89% | 11.62% | 15.43% | 21.78% | 30.67% | 40.35% |
EBT Margin
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| 12 | 236 | 303 | 657 | 671 | 563 | 650 | 854 | 1,212 | 1,847 |
Net Income
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|||
| 36 | 56 | 56 | 84 | 119 | 155 | 172 | 142 | 136 | 191 |
Depreciation
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| 0.40 | 1.25 | 1.87 | 2.25 | 2.55 | 2.92 | 2.63 | 2.51 | 2.56 | 2.98 |
Revenue/Sh
|
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| 0.00 | 0.15 | 0.17 | 0.35 | 0.38 | 0.29 | 0.33 | 0.44 | 0.59 | 1.03 |
Earnings/Sh
|
|||
| 0.08 | 0.29 | 0.55 | 0.55 | 0.43 | 0.49 | 0.69 | 0.66 | 0.93 | 0.93 |
Cash Flow/Sh
|
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| 0.00 | (0.01) | (0.01) | (0.03) | (0.04) | (0.12) | (0.10) | (0.11) | (0.09) | (0.11) |
Capex/Sh
|
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| 0.08 | 0.28 | 0.54 | 0.52 | 0.38 | 0.37 | 0.60 | 0.56 | 0.83 | 0.82 |
Free CF/Sh
|
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| 1.80 | 2.98 | 3.71 | 3.86 | 4.61 | 4.77 | 4.56 | 5.18 | 6.29 | 7.53 |
Book Value/Sh
|
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| 1,648 | 1,297 | 1,538 | 1,636 | 1,657 | 1,661 | 1,602 | 1,561 | 1,542 | 1,534 |
Shares
|
|||
| 107.69 | 107.69 | 0.00 | 33.54 | 52.00 | 24.46 | 25.29 | 19.84 | 22.70 | 17.36 |
PE Ratio
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| 0.00 | 0.00 | 0.00 | 5.22 | 7.55 | 2.35 | 3.27 | 3.47 | 4.59 | 5.87 |
PS Ratio
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| 0.00 | 0.00 | 3.62 | 3.04 | 4.17 | 1.44 | 1.89 | 1.69 | 2.03 | 2.33 |
PB Ratio
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| 0.00 | 0.00 | 0.00 | 4.34 | 6.83 | 1.86 | 2.73 | 2.83 | 3.91 | 5.24 |
EV/Sales
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| 0.00 | 0.00 | 0.00 | 18.74 | 53.02 | 19.49 | 20.19 | 27.56 | 23.41 | 29.33 |
EV/FCF
|
|||
| 131 | 370 | 851 | 897 | 708 | 812 | 1,112 | 1,037 | 1,429 | 1,423 |
Op' Cash Flow
|
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| (6) | (11) | (22) | (41) | (73) | (194) | (156) | (164) | (144) | (165) |
Capex
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| 131 | 359 | 829 | 856 | 635 | 618 | 955 | 872 | 1,286 | 1,258 |
FCF
|
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| 356 | 583 | 2,197 | 2,666 | 3,200 | 2,533 | 2,206 | 2,532 | 2,503 | 2,486 |
Working Cap'
|
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| — | — | — | 87 | 750 | 785 | 823 | 796 | 497 | 486 |
Total Debt
|
|||
| (479) | (766) | (2,635) | (3,164) | (3,021) | (2,381) | (2,286) | (2,534) | (3,289) | (2,898) |
Net Debt
|
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| 2,968 | 3,870 | 5,707 | 6,320 | 7,641 | 7,914 | 7,300 | 8,083 | 9,699 | 11,552 |
Sh' Equity
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| 0.30% | 5.01% | 4.95% | 8.02% | 6.87% | 4.62% | 5.36% | 6.74% | 7.95% | 11.46% |
ROA
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| 0.00% | 4.10% | 10.16% | 11.26% | 7.30% | 4.76% | 5.96% | 7.60% | 9.97% | 9.72% |
ROIC
|
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| 0.34% | 5.74% | 5.78% | 9.58% | 8.62% | 6.04% | 7.18% | 9.04% | 10.39% | 14.47% |
ROE
|
|||
Tencent Music Entertainment Group Sponsored ADR peers in Internet Content & Information
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|---|---|---|---|
| BILI Bilibili Inc. Sponsored ADR | $5.0B | 28.1× | Compare |
| BZ KANZHUN LIMITED Sponsored ADR | $5.6B | 9.7× | Compare |
| RUM RUM Group Inc. | $4.3B | 0.0× | Compare |
| Z Zillow Group, Inc. | $6.4B | 129× | Compare |
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| ZG Zillow Group, Inc. | $6.4B | 133× | Compare |
| PPLI People Incorporated | $2.9B | 8.7× | Compare |
| SNAP Snap Inc. | $9.2B | 0.0× | Compare |
| JOYY JOYY Inc. Sponsored ADR | $2.6B | 18.8× | Compare |
Tencent Music Entertainment Group Sponsored ADR (TME) key facts
- Tencent Music Entertainment Group Sponsored ADR (TME) is an Internet Content & Information company in the Communication Services sector, traded in the US as an ADR.
- Tencent Music Entertainment Group Sponsored ADR’s revenue for fiscal 2025 (year ended December 2025) was $4.6 billion, up 15.8% from fiscal 2024.
- Net income was $1.8 billion, or $1.03 per share (basic), a net margin of 33.6%.
- As of September 25, 2026, TME traded at $8.39, a market capitalization of $5.0 billion.
- At that price the stock trades at 10.1× trailing-twelve-month earnings and 2.7× sales.
- Return on equity was 14.5% and debt-to-equity 0.13.
Tencent Music Entertainment Group Sponsored ADR (TME) Latest News
20 Sep
Analysts cut Tencent Music Entertainment Group's fair value and trimmed growth expectations, signaling a softer near-term outlook for TME. The revisions come with a modest valuation cut, implying limited downside risk but softer sentiment around TME's growth trajectory. Investors may scrutinize growth drivers such as user expansion and monetization, awaiting updates on performance against revised forecasts amid a competitive landscape and regulatory considerations. Analysts trimmed growth forecasts and lowered fair value, indicating tempered near-term expectations for TME.
16 Sep
Tencent Music announces a $400 million share repurchase program reflecting financial discipline in its 2026 outlook. A $400 million repurchase signals moderate capital return that may lift short-term sentiment without reshaping core operations or market position.
10 Sep
Tencent Music Entertainment Group closed its US$1,000 million notes offering. The one billion dollar notes offering supplies major capital that may influence financial strategy and market perception.
19 Aug
Tencent Music Entertainment Group is expanding its core streaming platform into a broad entertainment ecosystem encompassing diverse content formats and user experiences. Strategic broadening of streaming into full entertainment operations signals major growth trajectory shift for TME.
18 Aug
Tencent Music Entertainment held the 2026 Chinese Music Impact Summit on music IP and AI-driven industry growth paths. TME's AI-focused summit on music IP signals moderate innovation potential in operations and positioning.
TME hosted the 2026 Chinese Music Impact Summit on music IP and AI-era industry growth paths. TME's focus on AI growth paths points to moderate innovation influence on operations.
12 Aug
Tencent Music Entertainment Group reported Q2 2026 earnings call highlights focused on music revenue performance. Quarterly earnings details can moderately shift financial outlook and investor positioning.
Tencent Music shares dropped 9.4% after Q2 2026 results and completion of a $400 million buyback program. Quarterly results and buyback completion directly affect near-term financial performance and investor sentiment.
Tencent Music Entertainment Group posts Q2 earnings and advances its share buyback program, prompting questions on whether its sponsored ADR remains undervalued. Q2 earnings and buyback progress directly shape near-term views on TME valuation and capital returns.
11 Aug
Tencent Music Entertainment Group announced second quarter 2026 unaudited financial results. Quarterly earnings release delivers core performance metrics that can shift valuation and investor sentiment.
Tencent Music Entertainment Group Q2 earnings call highlights financial results, operational updates and strategic outlook for the company. Q2 earnings details offer moderate insight into financial performance and strategy with limited but noticeable effect on near-term market views.
Tencent Music reports $1.32 billion Q2 revenue alongside Ximalaya integration to expand audio offerings. Quarterly revenue results plus Ximalaya integration indicate moderate effects on financial performance and audio strategy.
15 May
Tencent Music Entertainment Group Sponsored ADR (TME) beat analyst forecasts, prompting analysts to update their predictions. Earnings beat and analyst prediction updates signal strong financial momentum likely to significantly boost TME's stock performance and investor sentiment.
Tencent Music Entertainment Group (TME) Q1 earnings call highlights strong revenue growth, increased paying users, robust online music and social entertainment performance, with optimistic full-year guidance amid competitive pressures. Q1 earnings highlights detail financial beats, user growth, and strategic shifts that significantly shape TME's valuation and investor outlook.
13 May
Tencent Music Entertainment Group Sponsored ADR (TME) shares hit a 52-week low as an analyst slashed growth outlook amid fears of AI-driven music piracy threatening the streaming business. Analyst's slashed growth projections due to AI piracy risks drove TME to a 52-week low, signaling major shifts in investor sentiment and market dynamics.
12 May
Tencent Music Entertainment Group (TME) Q1 2026 earnings call highlights strong revenue growth, driven by online music and social entertainment services. Strong Q1 2026 revenue growth signals significant positive shift in TME's financial trajectory and investor sentiment.
Tencent Music Entertainment Group Sponsored ADR (TME) announced first quarter 2026 unaudited financial results. Quarterly earnings announcements directly impact financial performance metrics and investor sentiment for TME.
Tencent Music (TME) shares rose despite missing earnings expectations, propelled by accelerating growth in music services. Earnings miss offset by music services growth acceleration drove share gains, signaling moderate influence on financial performance and investor sentiment.
23 Apr
Hong Leong Bank partners with JOOX and QQ Music to sponsor AsiaTop Music Festival 2026, positioning it as Malaysia's largest music event. Partnership boosts TME's international expansion and brand exposure in Southeast Asia through major festival sponsorship.
18 Apr
Tencent Music Entertainment Group (TME) story shifts as valuation resets and investor views change. Valuation reset and shifting views indicate major changes to TME's market trajectory and investor sentiment.
14 Apr
Tencent Music Entertainment Group Sponsored ADR (TME) qualifies as an oversold stock delivering double-digit ROE growth due to its strong financial metrics and market positioning. Oversold status combined with double-digit ROE growth signals potential undervaluation and financial strength, likely boosting investor sentiment moderately.
31 Mar
Wall Street analysts maintain a Moderate Buy consensus on Tencent Music Entertainment (TME) post-earnings, with average price target of $17.67 implying 46.51% upside, driven by strong revenue growth and user engagement. Post-earnings analyst upgrades and price target hikes signal moderately noticeable positive influence on TME's market sentiment and near-term performance.
28 Mar
Jay Chou's 'Children of the Sun' sales exceed 100 million RMB, propelled by Tencent Music Entertainment Group's global rollout. Breakthrough sales of a superstar artist's track demonstrate TME's prowess in driving massive revenue from key content and expanding globally.
Jay Chou's 'Children of the Sun' sales exceed 100 million RMB, driven by Tencent Music Entertainment Group's global rollout. Massive sales success of Jay Chou's track exceeding 100 million RMB underscores TME's global rollout strength, enhancing revenue and market sentiment.
20 Mar
Tencent Music Entertainment Group (TME) shares plunged nearly 30% this week after Q2 earnings missed estimates and full-year guidance disappointed. Revenue rose 8% to 7.44 billion yuan, led by online-music growth, but social entertainment revenue dropped 25%. Paying subscribers grew modestly to 117.6 million, yet management cited macro pressures, competition, and content costs as headwinds, sparking investor sell-off. Earnings miss and weak guidance highlight operational challenges and competitive pressures that could significantly alter TME's growth trajectory and investor sentiment.
19 Mar
Jay Chou's new album 'Children of the Sun' is set for release, with pre-orders launched on Tencent Music Entertainment Group's platforms. Jay Chou's major album launch with pre-orders on TME platforms will significantly boost user engagement, streams, and revenue.
Jay Chou's new album 'Children of the Sun' is set for release, with pre-orders launched on Tencent Music Entertainment Group's platforms. Jay Chou's blockbuster album launch exclusively on TME platforms will significantly boost user engagement, streams, and revenue.
18 Mar
Tencent Music Entertainment Group (TME) reported strong revenue growth in Q4 2025 earnings call, driven by online music and social entertainment services. Strong Q4 2025 revenue growth signals major positive shift in financial performance and investor sentiment for TME.
Tencent Music Entertainment Group (TME) announced a new dividend, raising questions about whether it signals evolving capital priorities or strategic caution amid its growth trajectory. TME's dividend initiation marks a significant strategic shift in capital allocation, potentially enhancing investor sentiment and altering valuation multiples.
Tencent Music Entertainment Group (TME) valuation reviewed amid optimism from recent earnings and analyst upgrades. Earnings optimism and analyst upgrades may moderately boost TME's investor sentiment and short-term market performance.