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Tencent Music Entertainment Group (TME)
9.07  0 (0%)    06-09 16:00
Open: 9.16
High: 9.265
Volume: 13,001,861
  
Pre. Close: 9.07
Low: 8.995
Market Cap: 13,940(M)
Technical analysis
2026-06-09 4:48:47 PM
Short term     
Mid term     
Targets 6-month :  10.91 1-year :  11.57
Resists First :  9.34 Second :  9.9
Pivot price 9.17
Supports First :  8.43 Second :  7.01
MAs MA(5) :  9.13 MA(20) :  9.08
MA(100) :  11.68 MA(250) :  17.07
MACD MACD :  -0.1 Signal :  -0.2
%K %D K(14,3) :  42.2 D(3) :  51.2
RSI RSI(14): 45.8
52-week High :  26 Low :  8.43
Price, MAs and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently below mid-term; and below long-term moving average. From the relationship between price and moving averages: This stock is BEARISH in short-term; and BEARISH in mid-long term.
[ TME ] has closed above bottom band by 34.1%. Bollinger Bands are 72.2% narrower than normal. The narrow width of the bands suggests low volatility as compared to its normal range. The bands have been in this narrow range for 22 bars. This is a sign that the market may be about to initiate a new trend.

Stock Price Prediction
If tomorrow: Open lower Open higher
High: 9.28 - 9.33 9.33 - 9.38
Low: 8.86 - 8.93 8.93 - 8.99
Close: 8.97 - 9.07 9.07 - 9.16
Company Description

Tencent Music Entertainment Group (TME) is a premier operator of online music entertainment platforms across the People's Republic of China, offering a range of services including music streaming, digital karaoke, and live interactive broadcasting. Its offerings encompass popular streaming platforms like QQ Music, Kugou Music, and Kuwo Music, which facilitate personalized music discovery and listening for users. The company also developed WeSing, an engaging application that allows users to sing, socialize with friends, share their performances, and explore songs sung by others. Furthermore, TME runs interactive live broadcasting platforms, notably Kugou Live and Kuwo Live, providing an online venue for performers to exhibit their talents and interact with their audience. Kuwo Changting acts as a specialized audio content platform, featuring diverse spoken word entertainment such as audiobooks, traditional cross-talk, and radio dramas. Beyond its digital services, TME sells music-related hardware, including Kugou headsets, smart speakers, WeSing karaoke microphones, and Hi-Fi audio systems. It also handles online ticketing for music events and partners with manufacturers of smart devices and automobiles to embed and manage music services within their products and vehicles. Tencent Music Entertainment Group maintains a strategic partnership with China Literature. Headquartered in Shenzhen, China, the company functions as a subsidiary of Tencent Holdings Limited.

Headline News

Wed, 10 Jun 2026
Axiom Investors LLC DE Decreases Stake in Tencent Music Entertainment Group Sponsored ADR $TME - MarketBeat

Tue, 09 Jun 2026
Tencent Music Entertainment Group Sponsored ADR $TME Shares Acquired by Goldman Sachs Group Inc. - MarketBeat

Tue, 09 Jun 2026
Geode Capital Management LLC Buys 218,949 Shares of Tencent Music Entertainment Group Sponsored ADR $TME - MarketBeat

Sat, 06 Jun 2026
Assessing Tencent Music Entertainment Group (NYSE:TME) Valuation After A Prolonged Share Price Decline - simplywall.st

Mon, 01 Jun 2026
Tencent Music (NYSE: TME) replaces Hong Kong process agent effective June 2026 - Stock Titan

Wed, 27 May 2026
How Tencent Music Entertainment Group American Depositary Shares Each Representing Two Class A (TME) Affects Rotational Strategy Timing - Stock Traders Daily

Financial Analysis
Price to Book Value:
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Neutral
Price to Earnings:
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Neutral
Discounted cash flow:
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Outperform
Return on Assets:
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Outperform
Return on Equity:
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Outperform
Debt to Equity:
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Outperform
Stock Basics & Statistics
Exchange:
NYSE
Sector:
Communication Services
Industry:
Internet Content & Information
Shares Out 805 (M)
Shares Float 1,120 (M)
Held by Insiders 0 (%)
Held by Institutions 60.9 (%)
Shares Short 19,340 (K)
Shares Short P.Month 15,550 (K)
Stock Financials
EPS 0.83
EPS Est Next Qtrly 0
EPS Est This Year 0
EPS Est Next Year 0
Book Value (p.s.) 7.46
Profit Margin 26.4 %
Operating Margin 30.3 %
Return on Assets (ttm) 6.3 %
Return on Equity (ttm) 11.9 %
Qtrly Rev. Growth 7.3 %
Gross Profit (p.s.) 18.43
Sales Per Share 41.55
EBITDA (p.s.) 13.87
Qtrly Earnings Growth -51.8 %
Operating Cash Flow 10,040 (M)
Levered Free Cash Flow 4,600 (M)
Stock Valuations
PE Ratio 10.79
PEG Ratio 1.5
Price to Book value 1.21
Price to Sales 0.21
Price to Cash Flow 0.72
Stock Dividends
Dividend 0.23
Forward Dividend 0
Dividend Yield 2.6%
Dividend Pay Date Invalid DateTime.
Ex-Dividend Date Invalid DateTime.

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