TME | Tencent Music Entertainment Group Stock Overview

(Stock Exchange: NYSE)

Day's Range	10.13 - 10.49
52 Week Range	5.96 - 15.77
Beta	0.60
Implied Volatility	56.17%
IV Rank	72.74%
Day's Volume	3,589,788
Average Volume	8,458,959
Shares Outstanding	1,636,633,179
Market Cap	16,660,925,762
Sector	Communication Services
Industry	Internet Content & Information
IPO Date	2018-12-12

Valuation
Profitability
Growth
Health
P/E Ratio	20.36
Forward P/E Ratio	17.54
EPS	0.50
1YR Price Target	7.30
Dividend Yield	1.32%
Dividend Per Share	0.13
Dividend ExDate	N/A
Dividend PayDate	N/A
Employees	5,185
Country	China
Website	TME

TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.

TME's peers: ATHM, BIDU, DOYU, GENI, IAC, MOMO, OPRA, TWLO, SPOT, WB, YY, YELP, ZH, TCEHY, SNAP, GOOGL, PINS, ZG, PGRU

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Analyzing fundamentals for TME we got that it has average fundamentals where Valuation is considered to be slightly undervalued, Profitability is very poor, Growth is very good and Health is strong. For more detailed analysis please see TME Fundamentals page.

Watching at TME technicals we can see that long-term trend is bearish, the same as bearish middle-term trend, as well as bearish short-term trend. More technicals details can be found on TME Technicals page.