Stock Scorecard



Stock Summary for Tencent Music Entertainment Group (TME) - $10.32 as of 9/6/2024 3:10:46 PM EST

Total Score

20 out of 30

Currently on the following lists
None
Tim's Recommendation
Buy

Growth List Algorithm Criteria for TME

Positive earnings growth
P/E ratio less than Industry P/E Ratio
P/E ratio less than Sector P/E Ratio
P/E ratio that is half the growth rate (or less)
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Positive net income past year and 12 trailing months
Free cash flow ratio greater than 0 and less than 10

Small Cap List Algorithm Criteria for TME

Revenue growing by at least 20% average per year over the last 5 years
Market Capitalization under 2 billion
Price to Sales (P/S) ratio 12 trailing months less than Industry P/S ratio twelve trailing months
Price to Sales (P/S) ratio 12 trailing months less than Sector P/S ratio twelve trailing months
Net Income past year > Net Income prior year OR Net Income 12 trailing months > Net Income prior year OR Net Income 12 trailing months > Net Income past year

Dividend List Algorithm Criteria for TME

Declared an ex-dividend date
Forward annual dividend rate greater than 2
Positive net cash position the past year and most recent quarter
Equity to debt ratio greater than 0.75 for past year and most recent quarter
Current ratio most recent quarter greater than 2
Cash Flow per Share greater than Trailing Dividend Rate

Bonus Criteria for TME

P/E ratio less than five-year Average P/E ratio
Last Price to 52 Week Low Ratio Less Than 1
Total Cash Per Share > Last Day Price
P/S Ratio < 1
P/B Ratio < 1

Latest News for for TME

Top 3 Tech And Telecom Stocks You'll Regret Missing This Quarter - SPAR Group ( NASDAQ:SGRP ) 8/22/2024 11:36:00 AM
NetEase's music-streaming service goes down for 2 hours in China 8/19/2024 11:18:00 AM
Tencent Music's Average Revenue Per User Focus Signals Potential Profit Growth, Says Analyst - Tencent Music Enter Gr ( NYSE:TME ) 8/14/2024 4:56:00 PM
Tencent profit jumps 82% on back of strong video gaming, ad growth 8/14/2024 8:51:00 AM
On Holding Reports Mixed Q2 Results, Joins Tencent Music Entertainment And Other Big Stocks Moving Lower In Tuesday Pre-Market Session - On Holding ( NYSE:ONON ) 8/13/2024 12:29:00 PM
Wall Street Edgy Amid Home Depot Earnings, PPI In Spotlight - Invesco QQQ Trust, Series 1 ( NASDAQ:QQQ ) , SPDR S&P 500 ( ARCA:SPY ) 8/13/2024 11:41:00 AM
Tencent Music Q2: Revenue Misses Estimates, Social Entertainment Takes a Hit, Adds 10M Subscribers in First Half - Tencent Music Enter Gr ( NYSE:TME ) 8/13/2024 10:49:00 AM
Why Rumble Shares Are Trading Higher By Around 7%; Here Are 20 Stocks Moving Premarket - Conifer Holdings ( NASDAQ:CNFR ) 8/13/2024 10:35:00 AM
Tencent Music Entertainment Group Announces Second Quarter 2024 Unaudited Financial Results - Tencent Music Enter Gr ( NYSE:TME ) 8/13/2024 9:00:00 AM
Music ETF ( MUSQ ) Hits The Right Note With Compelling Content Mix - Exchange Traded Concepts Trust MUSQ Global Music Industry ETF ( ARCA:MUSQ ) , Reservoir Media ( NASDAQ:RSVR ) 8/7/2024 6:52:00 PM

Financial Details for TME

Company Overview

Ticker TME
Company Name Tencent Music Entertainment Group
Country China
Description Tencent Music Entertainment Group operates online music entertainment platforms providing music streaming, online karaoke and live streaming services in the People's Republic of China.
Sector Name TECHNOLOGY
Industry Name RADIO BROADCASTING STATIONS
Most Recent Quarter 6/30/2024
Next Earnings Date 11/11/2024

Stock Price History

Last Day Price 10.32
Last Day Price Updated 9/6/2024 3:10:46 PM EST
Last Day Volume 4,034,903
Average Daily Volume 9,790,736
52-Week High 15.63
52-Week Low 5.91
Last Price to 52 Week Low 74.62%

Valuation Measures

Trailing PE 20.36
Industry PE 43.00
Sector PE 41.84
5-Year Average PE 4.10
Free Cash Flow Ratio 0.72
Industry Free Cash Flow Ratio 29.45
Sector Free Cash Flow Ratio 51.36
Current Ratio Most Recent Quarter 2.34
Total Cash Per Share 14.29
Book Value Per Share Most Recent Quarter 39.65
Price to Book Ratio 3.19
Industry Price to Book Ratio 4.44
Sector Price to Book Ratio 13.12
Price to Sales Ratio Twelve Trailing Months 0.64
Industry Price to Sales Ratio Twelve Trailing Months 1.82
Sector Price to Sales Ratio Twelve Trailing Months 4.47

Share Statistics

Total Shares Outstanding 857,149,000
Market Capitalization 8,845,777,680
Institutional Ownership N/A

Dividends

Ex-Dividend Date 5/31/2024
Last Dividend Amount 0.00
Current Dividend Amount 0.14
Total Years Dividend Increasing 0
Trailing Annual Dividend Rate 0.14
Trailing Annual Dividend Yield 1.35%
Forward Annual Dividend Rate 0.14
Forward Annual Dividend Yield 1.35%
5-Year Dividend Payments Count 1
3-Year Average Dividend Yield 0.00%
5-Year Average Dividend Yield 0.00%
1-Year Dividend Growth Rate Percentage 0.00%
3-Year Dividend Growth Rate Percentage 0.00%
5-Year Dividend Growth Rate Percentage 0.00%
All-Time Dividend Growth Rate Percentage 0.00%
Dividend Payout Ratio 27.40%

Income Statement

Quarterly Earnings Growth YOY 31.70%
Annual Earnings Growth 33.80%
Reported EPS 12 Trailing Months 0.50
Reported EPS Past Year 2.29
Reported EPS Prior Year 3.75
Net Income Twelve Trailing Months 5,716,000,000
Net Income Past Year 4,920,000,000
Net Income Prior Year 3,677,000,000
Quarterly Revenue Growth YOY -1.70%
5-Year Revenue Growth 7.89%

Balance Sheet

Total Cash Most Recent Quarter 12,251,000,000
Total Cash Past Year 13,567,000,000
Total Cash Prior Year 9,555,000,000
Net Cash Position Most Recent Quarter 6,577,000,000
Net Cash Position Past Year 7,931,000,000
Long Term Debt Past Year 5,636,000,000
Long Term Debt Prior Year 5,536,000,000
Total Debt Most Recent Quarter 5,674,000,000
Equity to Debt Ratio Past Year 0.91
Equity to Debt Ratio Most Recent Quarter 0.92
Total Stockholder Equity Past Year 55,907,000,000
Total Stockholder Equity Prior Year 48,099,000,000
Total Stockholder Equity Most Recent Quarter 61,209,000,000

Free Cash Flow

Free Cash Flow Twelve Trailing Months 9,254,000,000
Free Cash Flow Per Share Twelve Trailing Months 10.80
Free Cash Flow Past Year 6,173,000,000
Free Cash Flow Prior Year 6,428,000,000

Options

Put/Call Ratio 0.45
Has Options Options Chain
Liquidity Rating

Technical Analysis

Yahoo Finance Chart Yahoo Finance Chart
MACD -0.77
MACD Signal -0.85
20-Day Bollinger Lower Band 10.05
20-Day Bollinger Middle Band 13.29
20-Day Bollinger Upper Band 16.53
Beta 0.65
RSI 36.46
50-Day SMA 10.57
150-Day SMA 7.61
200-Day SMA 9.85

System

Modified 9/7/2024 3:03:05 PM EST