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Tencent Music Entertainment Group (TME)

NYSE - Nasdaq Real Time Price. Currency in USD
10.23-0.06 (-0.58%)
At close: 04:00PM EST
10.21 -0.02 (-0.20%)
After hours: 07:40PM EST
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Commodity Channel Index

Commodity Channel Index

Previous Close10.29
Open10.30
Bid10.20 x 1000
Ask10.38 x 2200
Day's Range10.11 - 10.45
52 Week Range5.70 - 10.69
Volume5,333,835
Avg. Volume8,430,429
Market Cap18.011B
Beta (5Y Monthly)0.80
PE Ratio (TTM)24.36
EPS (TTM)0.42
Earnings DateMar 19, 2024
Forward Dividend & YieldN/A (N/A)
Ex-Dividend DateN/A
1y Target Est9.87
Fair Value is the appropriate price for the shares of a company, based on its earnings and growth rate also interpreted as when P/E Ratio = Growth Rate. Estimated return represents the projected annual return you might expect after purchasing shares in the company and holding them over the default time horizon of 5 years, based on the EPS growth rate that we have projected.
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12% Est. Return

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    Analyst Report: Tencent Music Entertainment GroupTME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.
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