Tencent Music Entertainment Group
HKEX:1698

Watchlist Manager
Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
HKEX:1698
Watchlist
Price: 65.45 HKD -2.17% Market Closed
Market Cap: HK$224.6B

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 65.45 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
HIDDEN
Show
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
26.2B HKD 5.8 16.9 121.6 121.6
US
Netflix Inc
NASDAQ:NFLX
380.5B USD 8.4 34.7 12.8 28.9
US
Walt Disney Co
NYSE:DIS
204.8B USD 2.2 16.5 12.2 16.9
LU
Spotify Technology SA
NYSE:SPOT
102.7B USD 5.2 62.2 32.2 33.9
US
Warner Bros Discovery Inc
NASDAQ:WBD
68.6B USD 1.8 141.6 5 56
NL
Universal Music Group NV
AEX:UMG
38.1B EUR 2.5 6.8 8.1 8.1
US
TKO Group Holdings Inc
NYSE:TKO
39.4B USD 9.1 172.3 29.1 41.7
US
Live Nation Entertainment Inc
NYSE:LYV
33.7B USD 1.4 104.5 17.2 25.3
FR
Bollore SE
PAR:BOL
13.4B EUR 8.7 -7.9 -12.8 -12.2
US
Warner Music Group Corp
NASDAQ:WMG
15.5B USD 2.3 43.1 14.9 20.9
US
Roku Inc
NASDAQ:ROKU
14.1B USD 3.1 -507.8 -147.2 -106.1
P/E Multiple
Earnings Growth PEG
CN
Tencent Music Entertainment Group
HKEX:1698
Average P/E: 66.5
16.9
22%
0.8
US
Netflix Inc
NASDAQ:NFLX
34.7
22%
1.6
US
Walt Disney Co
NYSE:DIS
16.5
6%
2.8
LU
Spotify Technology SA
NYSE:SPOT
62.2
42%
1.5
US
Warner Bros Discovery Inc
NASDAQ:WBD
141.6
N/A N/A
NL
Universal Music Group NV
AEX:UMG
6.8
2%
3.4
US
TKO Group Holdings Inc
NYSE:TKO
172.3
435%
0.4
US
Live Nation Entertainment Inc
NYSE:LYV
104.5
7%
14.9
FR
Bollore SE
PAR:BOL
Negative Multiple: -7.9
-39%
N/A
US
Warner Music Group Corp
NASDAQ:WMG
43.1
40%
1.1
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -507.8 N/A N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tencent Music Entertainment Group
HKEX:1698
Average EV/EBITDA: 28.1
121.6
22%
5.5
US
Netflix Inc
NASDAQ:NFLX
12.8
-7%
N/A
US
Walt Disney Co
NYSE:DIS
12.2
10%
1.2
LU
Spotify Technology SA
NYSE:SPOT
32.2
40%
0.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
5
-25%
N/A
NL
Universal Music Group NV
AEX:UMG
8.1
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
29.1
27%
1.1
US
Live Nation Entertainment Inc
NYSE:LYV
17.2
18%
1
FR
Bollore SE
PAR:BOL
Negative Multiple: -12.8 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
14.9
15%
1
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -147.2 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Tencent Music Entertainment Group
HKEX:1698
Average EV/EBIT: 39.3
121.6
23%
5.3
US
Netflix Inc
NASDAQ:NFLX
28.9
20%
1.4
US
Walt Disney Co
NYSE:DIS
16.9
17%
1
LU
Spotify Technology SA
NYSE:SPOT
33.9
41%
0.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
56
59%
0.9
NL
Universal Music Group NV
AEX:UMG
8.1
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
41.7
35%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
25.3
13%
1.9
FR
Bollore SE
PAR:BOL
Negative Multiple: -12.2 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
20.9
18%
1.2
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -106.1 N/A N/A