Tencent Music Entertainme... (TME)
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11.99
-0.29%
After-hours Dec 13, 2024, 07:47 PM EST

Tencent Music Entertainment Group Statistics

Share Statistics

Tencent Music Entertainment Group has 1.72B shares outstanding. The number of shares has increased by 0.63% in one year.

Shares Outstanding 1.72B
Shares Change (YoY) n/a
Shares Change (QoQ) 5.14%
Owned by Institutions (%) n/a
Shares Floating 1.76B
Failed to Deliver (FTD) Shares 64
FTD / Avg. Volume 0%

Short Selling Information

The latest short interest is 20.27M, so 1.27% of the outstanding shares have been sold short.

Short Interest 20.27M
Short % of Shares Out 1.27%
Short % of Float 1.28%
Short Ratio (days to cover) 2.51

Valuation Ratios

The PE ratio is 20.63 and the forward PE ratio is 14.14. Tencent Music Entertainment Group's PEG ratio is 0.02.

PE Ratio 20.63
Forward PE 14.14
PS Ratio 3.66
Forward PS 0.7
PB Ratio 1.82
P/FCF Ratio 16.44
PEG Ratio 0.02
Financial Ratio History

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 35.47% 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 35.47%
50-Day Moving Average 11.85
200-Day Moving Average 12.36
Relative Strength Index (RSI) 52.51
Average Volume (20 Days) 8.79M

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
Full Income Statement

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
Full Balance Sheet

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
Full Cash Flow Statement

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 25.77%
FCF Yield 29.77%
Dividend Details

Analyst Forecast

The average price target for TME is $13.5, which is 12.2% higher than the current price. The consensus rating is "Buy".

Price Target $13.5
Price Target Difference 12.2%
Analyst Consensus Buy
Analyst Count 12
Stock Forecasts

Scores

Altman Z-Score 1.85
Piotroski F-Score 6