Communication Services
Tencent Music Entertainment Group(TME)
Live Price
Offline$8.73
+0.46% today
1Y Change
-49.73%
Window
Jun 23, 2025 โ Jun 15, 2026
- Market Cap
- $97.95B
- Revenue Growth
- +12.7%
- EPS Growth
- +62.8%
- Dividend Yield
- 2.6%
Coverage: 246 bars ยท Jun 23, 2025 โ Jun 15, 2026
Research Briefing
A compact read on the setup, peer context, quarterly changes, and recent earnings reaction.
Research Snapshot
Tencent Music Entertainment Group (TME) is a Communication Services stock with a market cap of $97.95B and listed on NYSE. The stock last traded around $8.73 and down 49.7% across the available one-year price window (Jun 23, 2025 โ Jun 15, 2026). Baseline metrics include revenue growth of +12.7%, EPS growth of +62.8%, a dividend yield of 2.6%. What stands out right now is revenue +12.7%, EPS +62.8%, free cash flow +6.7% with operating margin 42.7% and ROIC 13.6%. The dividend matters to the case here, with a current yield around 2.6%. Valuation is more restrained than many high-expectation growth names at P/E 8.7 and price/sales 3.0. Overall, the current profile looks closer to a income-oriented value setup than a generic broad-market placeholder. Stock Foundry combines TME price history, valuation, growth, dividend context, earnings, analyst forecasts, news, related Communication Services peers on this page.
Sector Context
How this name stacks up against nearby peers on first-pass metrics.
Revenue Growth
Above sector median
+12.7% vs +5.5% peer median
Operating Margin
Above sector median
+42.7% vs +3.6% peer median
What Changed This Quarter
Latest report context and the signals most likely to have changed the story.
Latest report was closer to in-line
2026 was reported on May 12, 2026 with revenue below estimates by -85.3%.
The operating story is still moving forward
Revenue is running at +12.7% and EPS at +62.8%, with operating margin around 42.7%.
The next real check-in already has a date
The next earnings event is scheduled for Aug 11, 2026, which is the clearest near-term catalyst for confirming whether the current trend is holding up.
Earnings Reaction Memory
How the stock has tended to move after recent reports.
Across the last 3 reported quarters, the stock averaged -4.7% over the next 5 trading days and finished higher after 1 of those reports.
View quarter-by-quarter reaction table
| Quarter | EPS ฮ | 1D | 5D | 20D |
|---|---|---|---|---|
2026 May 12, 2026 | +0.0% | -1.4% | +0.8% | +1.5% |
2026 Mar 17, 2026 | -24.2% | -9.4% | -13.3% | -13.1% |
2025 Nov 12, 2025 | +4.8% | -1.7% | -1.5% | -4.3% |
Benchmark Comparison
Normalized Performance vs SPY
Compare this ticker against a broad index, growth benchmark, or sector ETF using a shared 1Y normalization window.
TME
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Normalized return
SPY
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S&P 500
Excess Return
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Relative to SPY
TME Max Drawdown
-67.87%
Trailing 1Y
SPY Max Drawdown
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Trailing 1Y
Calendar-Year Returns
Uses the longest available daily history for TME and SPY.
Company Overview
Tencent Music Entertainment Group
New York Stock Exchange
Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those interested in their performance; and Kuwo Changting, an audio platform that offers users various audio content, including audio books, cross-talks, radio dramas, and other entertainment. In addition, it sells music-related merchandise, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi systems; and offers online music event ticketing services, as well as services to smart device and automobile makers to build and operate music services on devices and vehicles. Tencent Music Entertainment Group has a strategic partnership with China Literature. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.
- Leadership
- Zhu Liang
- IPO Date
- Dec 12, 2018
- Employees
- 5.4k
- Street Address
- Building D
- Mailing
- Shenzhen, 518057
- Region
- Shenzhen, CN
- Reporting Currency
- USD
- Investor Line
- 86 75 5860 13388
- Last Updated
- May 5, 2026
Key Fundamentals
Valuation, growth, profitability, and balance sheet signals.
Valuation
- P/E
- 8.7
- EV/EBITDA
- 6.7
- Price/Sales
- 3.0
- Price/Book
- 1.2
Growth
- Revenue
- +12.7%
- EPS
- +62.8%
- Free Cash Flow
- +6.7%
Profitability
- Gross Margin
- 47.2%
- Operating Margin
- 42.7%
- Net Margin
- 33.6%
- ROE
- 13.8%
- ROIC
- 13.6%
Balance Sheet
- Debt/Equity
- 0.05
- Current Ratio
- 2.22
Earnings Reports
Latest News
Official Releases
Company announcements and filings-style updates.
Next Step
Keep the research moving
After the overview, the strongest next step is usually chart context or a tighter compare set.