Tencent Music Entertainment Group Statistics
Share Statistics
Tencent Music Entertainment Group has 1.71B shares outstanding. The number of shares has increased by 1.8% in one year.
| Shares Outstanding | 1.71B |
| Shares Change (YoY) | n/a |
| Shares Change (QoQ) | -2.09% |
| Owned by Institutions (%) | n/a |
| Shares Floating | 1.69B |
| Failed to Deliver (FTD) Shares | 27.50K |
| FTD / Avg. Volume | 0.42% |
Short Selling Information
The latest short interest is 19.14M, so 1.13% of the outstanding shares have been sold short.
| Short Interest | 19.14M |
| Short % of Shares Out | 1.13% |
| Short % of Float | 1.14% |
| Short Ratio (days to cover) | 2.48 |
Valuation Ratios
The PE ratio is 20.63 and the forward PE ratio is 14.14. Tencent Music Entertainment Group's PEG ratio is 0.18.
| PE Ratio | 20.63 |
| Forward PE | 14.14 |
| PS Ratio | 3.66 |
| Forward PS | 0.5 |
| PB Ratio | 1.82 |
| P/FCF Ratio | 16.44 |
| PEG Ratio | 0.18 |
Enterprise Valuation
Tencent Music Entertainment Group has an Enterprise Value (EV) of 93.97B.
| EV / Earnings | 19.1 |
| EV / Sales | 3.39 |
| EV / EBITDA | 13.1 |
| EV / EBIT | 15.51 |
| EV / FCF | 15.22 |
Financial Position
The company has a current ratio of 2.49, with a Debt / Equity ratio of 0.1.
| Current Ratio | 2.49 |
| Quick Ratio | 2.49 |
| Debt / Equity | 0.1 |
| Total Debt / Capitalization | 9.16 |
| Cash Flow / Debt | 1.3 |
| Interest Coverage | 48.86 |
Financial Efficiency
Return on equity (ROE) is 0.09% and return on capital (ROIC) is 8.27%.
| Return on Equity (ROE) | 0.09% |
| Return on Assets (ROA) | 0.07% |
| Return on Capital (ROIC) | 8.27% |
| Revenue Per Employee | 5.35M |
| Profits Per Employee | 948.89K |
| Employee Count | 5.18K |
| Asset Turnover | 0.37 |
| Inventory Turnover | 2.24K |
Taxes
| Income Tax | 825.00M |
| Effective Tax Rate | 0.14 |
Stock Price Statistics
The stock price has increased by 15.87% in the last 52 weeks. The beta is 0.66, so Tencent Music Entertainment Group's price volatility has been higher than the market average.
| Beta | 0.66 |
| 52-Week Price Change | 15.87% |
| 50-Day Moving Average | 11.51 |
| 200-Day Moving Average | 12.43 |
| Relative Strength Index (RSI) | 34.86 |
| Average Volume (20 Days) | 6.58M |
Income Statement
In the last 12 months, Tencent Music Entertainment Group had revenue of 27.75B and earned 4.92B in profits. Earnings per share was 3.1.
| Revenue | 27.75B |
| Gross Profit | 9.79B |
| Operating Income | 6.06B |
| Net Income | 4.92B |
| EBITDA | 7.17B |
| EBIT | 6.06B |
| Earnings Per Share (EPS) | 3.1 |
Balance Sheet
The company has 13.57B in cash and 6.05B in debt, giving a net cash position of 7.52B.
| Cash & Cash Equivalents | 13.57B |
| Total Debt | 6.05B |
| Net Cash | 7.52B |
| Retained Earnings | 17.19B |
| Total Assets | 84.61B |
| Working Capital | 19.25B |
Cash Flow
In the last 12 months, operating cash flow was 7.34B and capital expenditures -1.16B, giving a free cash flow of 6.17B.
| Operating Cash Flow | 7.34B |
| Capital Expenditures | -1.16B |
| Free Cash Flow | 6.17B |
| FCF Per Share | 3.89 |
Margins
Gross margin is 35.29%, with operating and profit margins of 21.83% and 17.73%.
| Gross Margin | 35.29% |
| Operating Margin | 21.83% |
| Pretax Margin | 21.78% |
| Profit Margin | 17.73% |
| EBITDA Margin | 25.85% |
| EBIT Margin | 21.83% |
| FCF Margin | 22.24% |
Dividends & Yields
TME does not appear to pay any dividends at this time.
| Dividend Per Share | n/a |
| Dividend Yield | n/a |
| Dividend Growth (YoY) | n/a |
| Payout Ratio | n/a |
| Earnings Yield | 29.69% |
| FCF Yield | 34.67% |
Analyst Forecast
The average price target for TME is $13.5, which is 29.3% higher than the current price. The consensus rating is "Buy".
| Price Target | $13.5 |
| Price Target Difference | 29.3% |
| Analyst Consensus | Buy |
| Analyst Count | 12 |
Scores
| Altman Z-Score | 1.76 |
| Piotroski F-Score | 6 |