Unveiling the Basics of Tencent Music Entertainment Stock

By Kim Brooks • Friday, August 16 07:48 • Permanent Link

Tencent Music Entertainment marked a -1.4% change today, compared to 2.0% for the S&P 500. Is it a good value at today's price of $10.97? Only an in-depth analysis can answer that question, but here are some facts that can give you an idea:

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.
Tencent Music Entertainment belongs to the Consumer Discretionary sector, which has an average price to earnings (P/E) ratio of 22.15 and an average price to book (P/B) of 3.11
The company's P/B ratio is 0.28
Tencent Music Entertainment has a trailing 12 month Price to Earnings (P/E) ratio of 22.4 based on its trailing 12 month price to earnings (EPS) of $0.49 per share
Its forward P/E ratio is 14.1, based on its forward earnings per share (EPS) of $0.78
TME has a Price to Earnings Growth (PEG) ratio of 43.36, which shows the company is overvalued when we factor growth into the price to earnings calculus.
Over the last four years, Tencent Music Entertainment has averaged free cash flows of $6.13 Billion, which on average grew 4.4%
TME's gross profit margins have averaged 33.3 % over the last four years and during this time they had a growth rate of -0.6 % and a coefficient of variability of 28.21 %.
Tencent Music Entertainment has moved 70.4% over the last year compared to 26.9% for the S&P 500 -- a difference of 43.6%
TME has an average analyst rating of buy and is -23.61% away from its mean target price of $14.36 per share

The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.