Good morning :)
$
₹
Tencent Music Entertainment Group

Tencent Music Entertainment Group

TME

NYSE
Asset Logo

Tencent Music Entertainment Group

TME

NYSE
$8.591.83% (+0.15)
$
₹
$8.591.83% (+0.15)
High
—
—
Low
—
—
Returns
—
—
Loading...
1D
1W
1M
3M
6M
1Y
3Y
5Y
Max

Communication Services

Internet Content & Information

Large Cap

With a market cap of $14.0B the stock is ranked 779

Key Metrics

Key Metrics

PE TTM
PE TTM

Close price divided by the earnings per share for the trailing twelve months

10.58
PB
PB

Close price divided by the book value per share at the end of the most recent quarter

1.08
EPS TTM
EPS TTM

Net profit earned per share over the trailing twelve months (sum of the last 4 quarters)

$0.81
PEG Ratio
PEG Ratio

Price-to-Earnings (P/E) ratio divided by the forecasted annual earnings per share (EPS) growth rate over the next five years

1.87
Profit Margin
Profit Margin

Net profit divided by the total revenue for the most recent financial year

26.28%
Dividend Yield
Dividend Yield

Annual dividend per share for the trailing twelve months divided by the close price

2.77%

Analyst Ratings & Forecast

Analyst Ratings & Forecast

Detailed Forecast Detailed Forecast 

Based on 29 analysts reports

Buy
18 analysts
Hold
11 analysts
Sell
0 analyst

Price Upside

+47.29%

Earnings Growth

+1.38%

Rev. Growth

+7.46%

See Detailed Forecast

Company Profile

Company Profile

Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.
Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.

Peers

Compare with peers Compare with peers 

Peers

Compare with peers Compare with peers 
Netflix Inc
NFLX
Netflix Inc
P/E Ratio
19.85
19.85
1Y Return
39.93%
39.93%
Buy Reco %
67.30
67.30
Walt Disney Company
DIS
Walt Disney Company
P/E Ratio
23.02
23.02
1Y Return
1.1%
1.1%
Buy Reco %
87.87
87.87
Spotify Technology SA
SPOT
Spotify Technology SA
P/E Ratio
30.23
30.23
1Y Return
13.61%
13.61%
Buy Reco %
77.5
77.5
Live Nation Entertainment Inc
LYV
Live Nation Entertainment Inc
P/E Ratio
—
—
1Y Return
11.75%
11.75%
Buy Reco %
80.00
80.00
TKO Group Holdings, Inc.
TKO
T
P/E Ratio
62.81
62.81
1Y Return
4.94%
4.94%
Buy Reco %
81.81
81.81
Compare with Peers

Forecast

Forecast

Price

Revenue

Earnings

Price Forecast

Price Forecast

Higher price growth forecast versus trailing 3-year CAGR
Compares analyst forecast growth with historical annualized growth.

The 12-month consensus target implies 47.29% growth, versus a trailing 3-year CAGR of 8.52%.

2026
Current$8.6Baseline
Analyst Target - 1 year
Target$12.67+47.29%

All values in $

202220232024202520262027$10.36$13.34$16.31Target+47.29%
2026
Current$8.6Baseline
Analyst Target - 1 year
Target$12.67+47.29%

All values in $

Revenue Forecast

Revenue Forecast

Higher revenue growth forecast versus trailing 3-year CAGR
Compares analyst forecast growth with historical annualized growth.

The next fiscal year's mean estimate implies 7.46% growth, versus a trailing 3-year CAGR of 5.10%.

2025
Current$32.90Baseline
Forecast for Dec 2026
High$36.07+9.63%
Average$35.35+7.46%
Low$35.08+6.63%

All values in $ Billion

20212022202320242025202631.2428.3327.7528.4032.90Low+6.63%Average+7.46%High+9.63%
2025
Current$32.90Baseline
Forecast for Dec 2026
High$36.07+9.63%
Average$35.35+7.46%
Low$35.08+6.63%

All values in $ Billion

Earnings Per Share Forecast

Earnings Per Share Forecast

Lower earnings growth forecast versus trailing 3-year CAGR
Compares analyst forecast growth with historical annualized growth.

The next fiscal year's mean estimate implies 1.38% growth, versus a trailing 3-year CAGR of 28.03%.

2025
Current$6.17Baseline
Forecast for Dec 2026
High$6.46+4.68%
Average$6.25+1.38%
Low$6.18+0.16%

All values in $

2021202220232024202520262.462.943.754.76.17Low+0.16%Average+1.38%High+4.68%
2025
Current$6.17Baseline
Forecast for Dec 2026
High$6.46+4.68%
Average$6.25+1.38%
Low$6.18+0.16%

All values in $

Financials

Financials

Income

Balance Sheet

Cash Flow

8.4
2.1
7.7
1.9
7.8
2
8.9
2.4
Q3 2025
Q4 2025
Q1 2026
Q2 2026
Revenue
Net Income
Financial YearQ1 2024Q2 2024Q3 2024Q4 2024Q1 2025Q2 2025Q3 2025Q4 2025Q1 2026Q2 2026
Total Revenue6.767.167.017.457.358.448.467.747.848.93
Net Income1.421.681.581.954.292.402.151.902.072.47
Net Profit Margin21.01%23.49%22.56%26.24%58.33%28.53%25.44%24.55%26.48%27.66%
See CostsAll values in $ Billion

Peers

Peers & Comparison

Peers & Comparison

Comparing 2 stocks from
Communication ServicesInternet Content & Information

Valuation

Returns

Forecast

ScreenerCompare valuation on Screener
StockPE TTMPE TTMPBPBPEG RatioPEG Ratio
Tencent Music Entertainment Group 10.581.081.87
Netflix Inc19.859.851.21
Walt Disney Company23.021.623.36
ScreenerCompare valuation on Screener

Price Comparison

Price Comparison

Compare TME with any stock or ETF
Compare TME with any stock or ETF
Comparing from
TME
NFLX
DIS
Loading...

Frequently asked questions

  1. Tencent Music Entertainment Group (TME) share price today is $8.59 as of October 23, 2026 at 1:30 AM IST. The stock touched a day high of $8.66 and a day low of $8.40.

  2. Tencent Music Entertainment Group stock trades on NYSE under the ticker symbol TME.

  3. Tencent Music Entertainment Group's market capitalization is $13.96B as of October 23, 2026 at 1:30 AM IST.

  4. Tencent Music Entertainment Group's price-to-earnings (P/E) ratio is 10.58 as of October 22, 2026.

  5. Tencent Music Entertainment Group's price-to-book (P/B) ratio is 1.08 as of October 22, 2026.

  6. Yes, Tencent Music Entertainment Group pays a dividend, with a current dividend yield of 2.77%.

  7. Yes, You can buy Tencent Music Entertainment Group shares from India through Tickertape, via our partnership with ViewTrade IFSC under the IFSCA Global Access framework, subject to RBI’s Liberalised Remittance Scheme (LRS) limits.

  8. Indian investors can buy Tencent Music Entertainment Group shares in three steps: 1. Search Tencent Music Entertainment Group on the Tickertape app and tap Invest. 2. Complete your one-time digital KYC. 3. Fund your account and buy from as low as $1 via fractional shares.

  9. Since Tencent Music Entertainment Group trades in USD, an Indian investor's INR returns depend on both the stock's price movement and the USD-INR exchange rate. If the rupee depreciates against the dollar, INR returns are boosted beyond the stock's USD return; if the rupee appreciates, INR returns are reduced.

  10. Indian investors can start investing in Tencent Music Entertainment Group (TME) shares from as little as $1 through fractional ownership on Tickertape - for example, $10 buys approximately 1.1634 shares at the current price of $8.59.

Loading...