Tencent Music Entertainment Group
NYSE:TME

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Tencent Music Entertainment Group
NYSE:TME
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Price: 17.24 USD 3.86%
Market Cap: 26.6B USD

Relative Value

The Relative Value of one TME stock under the Base Case scenario is hidden USD. Compared to the current market price of 17.24 USD, 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.

TME Relative Value
HIDDEN
Show
Worst Case
Base Case
Best Case

Valuation Multiples

vs History
23
vs Industry
13
Median 3Y
4.5
Median 5Y
4.1
Industry
1.5
Forward
5.6
vs History
85
vs Industry
17
Median 3Y
20.6
Median 5Y
20.6
Industry
17.2
Forward
19.9
vs History
31
vs Industry
21
Median 3Y
13.3
Median 5Y
13.1
Industry
11.1
vs History
38
vs Industry
23
Median 3Y
14.9
Median 5Y
15
Industry
15.4
vs History
26
vs Industry
24
Median 3Y
2
Median 5Y
1.9
Industry
1.8
vs History
25
vs Industry
15
Median 3Y
3.7
Median 5Y
3.5
Industry
1.6
Forward
4.9
vs History
33
vs Industry
14
Median 3Y
9.6
Median 5Y
8.9
Industry
3.5
vs History
52
vs Industry
14
Median 3Y
17
Median 5Y
17.1
Industry
8.9
Forward
13
vs History
61
vs Industry
17
Median 3Y
19.1
Median 5Y
18.9
Industry
12.7
Forward
12.9
vs History
30
vs Industry
21
Median 3Y
11.6
Median 5Y
10.8
Industry
10.5
vs History
38
vs Industry
24
Median 3Y
12.3
Median 5Y
12.5
Industry
12.7
vs History
26
vs Industry
19
Median 3Y
2
Median 5Y
1.9
Industry
1.4

Multiples Across Competitors

TME 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
NYSE:TME
26.3B USD 5.8 17.2 17.5 17.5
US
Netflix Inc
NASDAQ:NFLX
380.6B USD 8.8 36.7 13.4 30.5
US
Walt Disney Co
NYSE:DIS
205.9B USD 2.2 16.6 12.3 17
LU
Spotify Technology SA
NYSE:SPOT
115.7B USD 5.8 70.3 43.5 45.8
US
Warner Bros Discovery Inc
NASDAQ:WBD
70.5B USD 1.9 145.3 5.1 57
NL
Universal Music Group NV
AEX:UMG
39.1B EUR 2.6 7 8.3 8.3
US
TKO Group Holdings Inc
NYSE:TKO
39.3B USD 9 171.6 29.1 41.6
US
Live Nation Entertainment Inc
NYSE:LYV
33.3B USD 1.4 104.2 17 25
US
Roku Inc
NASDAQ:ROKU
16.6B USD 3.6 -596 -178.9 -129
US
Warner Music Group Corp
NASDAQ:WMG
15.6B USD 2.3 43.1 14.9 20.9
FR
Bollore SE
PAR:BOL
12.8B EUR 8.3 -7.6 -11.8 -11.2
P/E Multiple
Earnings Growth PEG
CN
Tencent Music Entertainment Group
NYSE:TME
Average P/E: 68
17.2
22%
0.8
US
Netflix Inc
NASDAQ:NFLX
36.7
25%
1.5
US
Walt Disney Co
NYSE:DIS
16.6
6%
2.8
LU
Spotify Technology SA
NYSE:SPOT
70.3
42%
1.7
US
Warner Bros Discovery Inc
NASDAQ:WBD
145.3
N/A N/A
NL
Universal Music Group NV
AEX:UMG
7
2%
3.5
US
TKO Group Holdings Inc
NYSE:TKO
171.6
436%
0.4
US
Live Nation Entertainment Inc
NYSE:LYV
104.2
7%
14.9
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -596 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
43.1
40%
1.1
FR
Bollore SE
PAR:BOL
Negative Multiple: -7.6
-39%
N/A
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tencent Music Entertainment Group
NYSE:TME
Average EV/EBITDA: 17.9
17.5
22%
0.8
US
Netflix Inc
NASDAQ:NFLX
13.4
-7%
N/A
US
Walt Disney Co
NYSE:DIS
12.3
10%
1.2
LU
Spotify Technology SA
NYSE:SPOT
43.5
40%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
5.1
-25%
N/A
NL
Universal Music Group NV
AEX:UMG
8.3
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
29.1
27%
1.1
US
Live Nation Entertainment Inc
NYSE:LYV
17
19%
0.9
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -178.9 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
14.9
15%
1
FR
Bollore SE
PAR:BOL
Negative Multiple: -11.8 N/A N/A
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Tencent Music Entertainment Group
NYSE:TME
Average EV/EBIT: 29.3
17.5
23%
0.8
US
Netflix Inc
NASDAQ:NFLX
30.5
25%
1.2
US
Walt Disney Co
NYSE:DIS
17
17%
1
LU
Spotify Technology SA
NYSE:SPOT
45.8
42%
1.1
US
Warner Bros Discovery Inc
NASDAQ:WBD
57
57%
1
NL
Universal Music Group NV
AEX:UMG
8.3
16%
0.5
US
TKO Group Holdings Inc
NYSE:TKO
41.6
36%
1.2
US
Live Nation Entertainment Inc
NYSE:LYV
25
14%
1.8
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -129 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
20.9
19%
1.1
FR
Bollore SE
PAR:BOL
Negative Multiple: -11.2 N/A N/A