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TME Stock Price, Chart, Stats & News

Tencent Music Entertainment Group
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13.42B
Market cap
10.39x
Current P/E
9.71x
Forward P/E
5.50%
Dividend yield

TME chart

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Fundamentals

Gross margin
57.00%
Operating margin
41.06%
Pretax margin
40.35%
Net margin
33.60%
Effective tax rate
14.49%
ROA
10.48%
ROE
13.43%
D/E
0.05x
Interest coverage ratio
104.73x

TME valuation

P/E
10.39x
P/S
3.12x
P/B
1.24x
P/CF
9.68x
P/FCF
9.99x
P/OCF
9.68x
PEG
-2.37x
EV multiple
7.96x

About

Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others.

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