Tencent Music Entertainment Group (TME)
NYSE: TME · Real-Time Price · USD
12.19
+0.78 (6.84%)
At close: Dec 2, 2024, 4:00 PM
12.20
+0.01 (0.08%)
Pre-market: Dec 3, 2024, 8:41 AM EST

TME Statistics

Total Valuation

TME has a market cap or net worth of $19.29 billion. The enterprise value is $16.01 billion.

Market Cap 19.29B
Enterprise Value 16.01B

Important Dates

The last earnings date was Tuesday, November 12, 2024, before market open.

Earnings Date Nov 12, 2024
Ex-Dividend Date May 31, 2024

Share Statistics

TME has 1.58 billion shares outstanding. The number of shares has decreased by -1.03% in one year.

Current Share Class n/a
Shares Outstanding 1.58B
Shares Change (YoY) -1.03%
Shares Change (QoQ) -0.13%
Owned by Insiders (%) n/a
Owned by Institutions (%) 31.35%
Float 573.97M

Valuation Ratios

The trailing PE ratio is 22.39 and the forward PE ratio is 16.22. TME's PEG ratio is 0.86.

PE Ratio 22.39
Forward PE 16.22
PS Ratio 4.75
Forward PS 0.63
PB Ratio 2.08
P/TBV Ratio 3.43
P/FCF Ratio 14.60
P/OCF Ratio 13.84
PEG Ratio 0.86
Financial Ratio History

Enterprise Valuation

The stock's EV/EBITDA ratio is 15.07, with an EV/FCF ratio of 12.12.

EV / Earnings 18.74
EV / Sales 4.03
EV / EBITDA 15.07
EV / EBIT 16.40
EV / FCF 12.12

Financial Position

The company has a current ratio of 2.26, with a Debt / Equity ratio of 0.06.

Current Ratio 2.26
Quick Ratio 2.06
Debt / Equity 0.06
Debt / EBITDA 0.50
Debt / FCF 0.41
Interest Coverage 41.26

Financial Efficiency

Return on equity (ROE) is 10.70% and return on invested capital (ROIC) is 6.57%.

Return on Equity (ROE) 10.70%
Return on Assets (ROA) 5.43%
Return on Capital (ROIC) 6.57%
Revenue Per Employee $765,352
Profits Per Employee $164,778
Employee Count 5,185
Asset Turnover 0.35
Inventory Turnover 1,428.09

Taxes

In the past 12 months, TME has paid $210.28 million in taxes.

Income Tax 210.28M
Effective Tax Rate 18.63%

Stock Price Statistics

The stock price has increased by +44.60% in the last 52 weeks. The beta is 0.68, so TME's price volatility has been lower than the market average.

Beta (5Y) 0.68
52-Week Price Change +44.60%
50-Day Moving Average 11.80
200-Day Moving Average 12.27
Relative Strength Index (RSI) 59.82
Average Volume (20 Days) 7,437,978

Short Selling Information

Short Interest 20.76M
Short Previous Month 22.57M
Short % of Shares Out 2.90%
Short % of Float n/a
Short Ratio (days to cover) 3.23

Income Statement

In the last 12 months, TME had revenue of $3.97 billion and earned $854.37 million in profits. Earnings per share was $0.54.

Revenue 3.97B
Gross Profit 1.63B
Operating Income 976.41M
Pretax Income 869.79M
Net Income 854.37M
EBITDA 1.06B
EBIT 976.41M
Earnings Per Share (EPS) $0.54
Full Income Statement

Balance Sheet

The company has $4.07 billion in cash and $545.30 million in debt, giving a net cash position of $3.53 billion or $2.23 per share.

Cash & Cash Equivalents 4.07B
Total Debt 545.30M
Net Cash 3.53B
Net Cash Per Share $2.23
Equity (Book Value) 9.30B
Book Value Per Share 5.85
Working Capital 2.75B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was $1.39 billion and capital expenditures -$23.52 million, giving a free cash flow of $1.32 billion.

Operating Cash Flow 1.39B
Capital Expenditures -23.52M
Free Cash Flow 1.32B
FCF Per Share $0.83
Full Cash Flow Statement

Margins

Gross margin is 41.00%, with operating and profit margins of 24.60% and 21.53%.

Gross Margin 41.00%
Operating Margin 24.60%
Pretax Margin 28.44%
Profit Margin 21.53%
EBITDA Margin 26.78%
EBIT Margin 24.60%
FCF Margin n/a

Dividends & Yields

This stock pays an annual dividend of $0.14, which amounts to a dividend yield of 1.12%.

Dividend Per Share $0.14
Dividend Yield 1.12%
Dividend Growth (YoY) n/a
Years of Dividend Growth n/a
Payout Ratio 25.16%
Buyback Yield 1.03%
Shareholder Yield 2.16%
Earnings Yield 4.43%
FCF Yield 6.85%
Dividend Details

Analyst Forecast

The average price target for TME is $13.11, which is 7.55% higher than the current price. The consensus rating is "Strong Buy".

Price Target $13.11
Price Target Difference 7.55%
Analyst Consensus Strong Buy
Analyst Count 13
Revenue Growth Forecast (5Y) 7.22%
EPS Growth Forecast (5Y) n/a
Stock Forecasts

Stock Splits

This stock does not have any record of stock splits.

Last Split Date n/a
Split Type n/a
Split Ratio n/a

Scores

TME has an Altman Z-Score of 4.99 and a Piotroski F-Score of 7.

Altman Z-Score 4.99
Piotroski F-Score 7