Tencent Music Entertainment Group
NYSE:TME
Decide at what price you'd be comfortable buying and we'll help you stay ready.
|
Tencent Music Entertainment Group
NYSE:TME
|
CN |
|
T
|
Textron Inc
DUS:TXT
|
US |
|
A
|
Allstate Corp
XHAM:ALS
|
US |
|
U
|
Unimot SA
WSE:UNT
|
PL |
|
Huuuge Inc
F:7EI
|
US |
|
Telkom Indonesia (Persero) Tbk PT
F:PTI
|
ID |
|
V
|
Vimian Group AB
STO:VIMIAN
|
SE |
|
B
|
BAE Systems PLC
SWB:BSP
|
UK |
|
Easterly Government Properties Inc
F:E050
|
US |
|
M
|
Minebea Mitsumi Inc
XMUN:MEA
|
JP |
|
O
|
Orkla ASA
SWB:OKL
|
NO |
|
D
|
Distribuidora de Gas Cuyana SA
BCBA:DGCU2
|
AR |
|
Amadeus IT Group SA
MAD:AMS
|
ES |
|
G
|
Gesco SE
XMUN:GSC1
|
DE |
|
L
|
Liberty Global PLC
NASDAQ:LBTYK
|
UK |
|
Fuller Smith & Turner PLC
LSE:FSTA
|
UK |
|
P
|
Prysmian SpA
XMUN:AEU
|
IT |
|
Z
|
ZIM Integrated Shipping Services Ltd
F:2SV
|
IL |
|
BASF SE
F:BAS
|
DE |
|
R
|
Revvity Inc
DUS:PKN
|
US |
|
CECONOMY AG
F:MEOD
|
DE |
|
G
|
Galderma Group AG
OTC:GDERF
|
CH |
|
C
|
Conrad Asia Energy Ltd
ASX:CRD
|
ID |
|
H
|
Huadian Power International Corp Ltd
F:SHX
|
CN |
Intrinsic Value
Is TME undervalued or overvalued?
See the intrinsic value estimate for Tencent Music Entertainment Group and find out whether today’s valuation is cheap or expensive by its own historical standards.
Do our valuations actually work? See backtest results .
Fundamental Analysis
What Tencent Music Entertainment Group Does
Tencent Music Entertainment is the biggest online music company in China. It runs popular apps such as QQ Music, Kugou Music, Kuwo Music, and WeSing, where people listen to licensed songs, stream concerts, karaoke, and join music communities. Its main users are everyday consumers, especially younger listeners and karaoke fans, while music labels and artists use the platform to distribute and promote songs.
- Headquarters
- China CN
- Employees
- 5 690
- IPO date
- Dec 12, 2018
Tencent Music Entertainment Group has no economic moat
Listeners can use competing music apps, and rivals can license much of the same music rather than needing Tencent Music’s permission. Tencent Music’s large audience and familiar apps attract users, but do not create a lasting barrier that prevents competitors from winning their spending.
Read the full moat analysis
Revenue & Expenses Breakdown
Tencent Music Entertainment Group
Earnings Waterfall
Tencent Music Entertainment Group
The intrinsic value for Tencent Music Entertainment Group (TME) under the Base Case is hidden USD.
Compared with the current market price of 8.42 USD, the stock appears hidden.