Tencent Music Entertainment Group
HKEX:1698

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Tencent Music Entertainment Group
HKEX:1698
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Price: 64.45 HKD 0.39%
Market Cap: HK$221.2B

Relative Value

The Relative Value of one Tencent Music Entertainment Group stock under the Base Case scenario is hidden HKD. Compared to the current market price of 64.45 HKD, Tencent Music Entertainment Group is hidden .

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

Tencent Music Entertainment Group Relative Value
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Worst Case
Base Case
Best Case

Multiples Across Competitors

Competitors Multiples
Tencent Music Entertainment Group Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Tencent Music Entertainment Group
HKEX:1698
25.1B HKD 5.5 16.2 16.6 16.6
US
Netflix Inc
NASDAQ:NFLX
364.1B USD 8.1 33.2 12.2 27.6
US
Walt Disney Co
NYSE:DIS
189.1B USD 2 15.2 11.4 15.8
LU
Spotify Technology SA
NYSE:SPOT
96.9B USD 4.9 58.4 35.2 37.2
US
Warner Bros Discovery Inc
NASDAQ:WBD
67.2B USD 1.8 138.7 4.9 55.2
NL
Universal Music Group NV
AEX:UMG
36.1B EUR 2.5 6.7 7.7 7.7
US
TKO Group Holdings Inc
NYSE:TKO
39.1B USD 9 171 28.9 41.4
US
Live Nation Entertainment Inc
NYSE:LYV
32.4B USD 1.3 101.3 16.6 24.5
FR
Bollore SE
PAR:BOL
13.3B EUR 8.6 -7.8 -12.5 -12
US
Warner Music Group Corp
NASDAQ:WMG
14.4B USD 2.2 40.6 14.2 19.9
US
Roku Inc
NASDAQ:ROKU
13.9B USD 3.1 -503.7 -145.8 -105.1
P/E Multiple
Earnings Growth PEG
CN
Tencent Music Entertainment Group
HKEX:1698
Average P/E: 64.6
16.2
22%
0.7
US
Netflix Inc
NASDAQ:NFLX
33.2
22%
1.5
US
Walt Disney Co
NYSE:DIS
15.2
6%
2.5
LU
Spotify Technology SA
NYSE:SPOT
58.4
42%
1.4
US
Warner Bros Discovery Inc
NASDAQ:WBD
138.7
N/A N/A
NL
Universal Music Group NV
AEX:UMG
6.7
2%
3.3
US
TKO Group Holdings Inc
NYSE:TKO
171
435%
0.4
US
Live Nation Entertainment Inc
NYSE:LYV
101.3
7%
14.5
FR
Bollore SE
PAR:BOL
Negative Multiple: -7.8
-39%
N/A
US
Warner Music Group Corp
NASDAQ:WMG
40.6
40%
1
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -503.7 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tencent Music Entertainment Group
HKEX:1698
Average EV/EBITDA: 16.4
16.6
22%
0.8
US
Netflix Inc
NASDAQ:NFLX
12.2
-7%
N/A
US
Walt Disney Co
NYSE:DIS
11.4
10%
1.1
LU
Spotify Technology SA
NYSE:SPOT
35.2
40%
0.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
4.9
-25%
N/A
NL
Universal Music Group NV
AEX:UMG
7.7
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
28.9
27%
1.1
US
Live Nation Entertainment Inc
NYSE:LYV
16.6
18%
0.9
FR
Bollore SE
PAR:BOL
Negative Multiple: -12.5 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
14.2
15%
0.9
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -145.8 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Tencent Music Entertainment Group
HKEX:1698
Average EV/EBIT: 27.3
16.6
23%
0.7
US
Netflix Inc
NASDAQ:NFLX
27.6
20%
1.4
US
Walt Disney Co
NYSE:DIS
15.8
17%
0.9
LU
Spotify Technology SA
NYSE:SPOT
37.2
41%
0.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
55.2
59%
0.9
NL
Universal Music Group NV
AEX:UMG
7.7
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
41.4
35%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
24.5
13%
1.9
FR
Bollore SE
PAR:BOL
Negative Multiple: -12 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
19.9
18%
1.1
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -105.1 N/A N/A