Tencent Music Entertainment sank -3.9% this afternoon, compared to the S&P 500's day change of 0.0%. Today's losers may turn out to be tomorrow's winners, so be sure to check the stock's fundamentals before making an investment decision:
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Tencent Music Entertainment has logged a 87.0% 52 week change, compared to 24.5% for the S&P 500
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TME has an average analyst rating of buy and is -12.43% away from its mean target price of $15.97 per share
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Its trailing earnings per share (EPS) is $0.46, which brings its trailing Price to Earnings (P/E) ratio to 30.4. The Consumer Discretionary sector's average P/E ratio is 22.06
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The company's forward earnings per share (EPS) is $0.8 and its forward P/E ratio is 17.5
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The company has a Price to Book (P/B) ratio of 0.36 in contrast to the Consumer Discretionary sector's average P/B ratio is 3.18
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The current ratio is currently 2.5, which consists in its liquid assets divided by any liabilities due within in the next 12 months
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TME has reported YOY quarterly earnings growth of 27.8% and gross profit margins of 0.4%
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The company's free cash flow for the last fiscal year was $7.34 Billion and the average free cash flow growth rate is 4.4%
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Tencent Music Entertainment's revenues have an average growth rate of 4.6% with operating expenses growing at 10.7%. The company's current operating margins stand at 21.8%