Tencent Music Entertainme...

12.50
0.53 (4.43%)
At close: Apr 22, 2025, 3:59 PM

Tencent Music Entertainment Statistics

Share Statistics

Tencent Music Entertainment has 699.71M shares outstanding. The number of shares has increased by -14.8% in one year.

Shares Outstanding 699.71M
Shares Change (YoY) -14.8%
Shares Change (QoQ) -17.24%
Owned by Institutions (%) 28.94%
Shares Floating 693.71M
Failed to Deliver (FTD) Shares 70.72K
FTD / Avg. Volume 0.76%

Short Selling Information

The latest short interest is 29.45M, so 1.74% of the outstanding shares have been sold short.

Short Interest 29.45M
Short % of Shares Out 1.74%
Short % of Float 4.11%
Short Ratio (days to cover) 3.02

Valuation Ratios

The PE ratio is 19.54 and the forward PE ratio is 1.97. Tencent Music Entertainment's PEG ratio is 0.53.

PE Ratio 19.54
Forward PE 1.97
PS Ratio 4.57
Forward PS 0.2
PB Ratio 1.91
P/FCF Ratio 12.63
PEG Ratio 0.53
Financial Ratio History

Enterprise Valuation

Tencent Music Entertainment has an Enterprise Value (EV) of 250.35B.

EV / Sales 8.82
EV / EBITDA 30.41
EV / EBIT 24.37
EV / FCF 24.37

Financial Position

The company has a current ratio of 2.09, with a Debt / Equity ratio of 0.06.

Current Ratio 2.09
Quick Ratio 2.09
Debt / Equity 0.06
Debt / EBITDA 0.47
Debt / FCF 0.38
Interest Coverage 0

Financial Efficiency

Return on Equity is 9.79% and Return on Invested Capital is 9.6%.

Return on Equity 9.79%
Return on Assets 7.35%
Return on Invested Capital 9.6%
Revenue Per Employee $5.48M
Profits Per Employee $1.28M
Employee Count 5,185
Asset Turnover 0.31
Inventory Turnover 712

Taxes

Income Tax 1.6B
Effective Tax Rate 18.4%

Stock Price Statistics

The stock price has increased by 1.46% in the last 52 weeks. The beta is 0.49, so Tencent Music Entertainment's price volatility has been higher than the market average.

Beta 0.49
52-Week Price Change 1.46%
50-Day Moving Average 13.18
200-Day Moving Average 12.2
Relative Strength Index (RSI) 44.9
Average Volume (20 Days) 9.27M

Income Statement

In the last 12 months, Tencent Music Entertainment had revenue of 28.4B and earned 6.64B in profits. Earnings per share was 2.12.

Revenue 28.4B
Gross Profit 12.03B
Operating Income 8.71B
Net Income 6.64B
EBITDA 8.23B
EBIT 7.51B
Earnings Per Share (EPS) 2.12
Full Income Statement

Balance Sheet

The company has 13.16B in cash and 3.9B in debt, giving a net cash position of 9.27B.

Cash & Cash Equivalents 13.16B
Total Debt 3.9B
Net Cash 9.27B
Retained Earnings 20.05B
Total Assets 90.44B
Working Capital 17.99B
Full Balance Sheet

Cash Flow

In the last 12 months, operating cash flow was 10.28B and capital expenditures 0, giving a free cash flow of 10.28B.

Operating Cash Flow 10.28B
Capital Expenditures 0
Free Cash Flow 10.28B
FCF Per Share 3.28
Full Cash Flow Statement

Margins

Gross margin is 42.34%, with operating and profit margins of 30.67% and 23.39%.

Gross Margin 42.34%
Operating Margin 30.67%
Pretax Margin 30.67%
Profit Margin 23.39%
EBITDA Margin 28.99%
EBIT Margin 30.67%
FCF Margin 36.18%

Dividends & Yields

TME pays an annual dividend of $0.32, which amounts to a dividend yield of 1.26%.

Dividend Per Share $0.32
Dividend Yield 1.26%
Dividend Growth (YoY) 31.39%
Payout Ratio 55.61%
Earnings Yield 5.12%
FCF Yield 3.96%
Dividend Details

Analyst Forecast

The average price target for TME is $15, which is 20% higher than the current price. The consensus rating is "Buy".

Price Target $15
Price Target Difference 20%
Analyst Consensus Buy
Analyst Count 6
Stock Forecasts

Scores

Altman Z-Score 1.4
Piotroski F-Score 7