TME | Tencent Music Entertainment Group Stock Overview

(Stock Exchange: NYSE)

Day's Range	14.23 - 14.54
52 Week Range	9.41 - 15.77
Beta	0.54
Implied Volatility	52.41%
IV Rank	31.87%
Day's Volume	4,497,362
Average Volume	8,366,983
Shares Outstanding	699,709,021
Market Cap	10,082,806,993
Sector	Communication Services
Industry	Internet Content & Information
IPO Date	2018-12-12

Valuation
Profitability
Growth
Health
P/E Ratio	24.84
Forward P/E Ratio	17.54
EPS	0.58
1YR Price Target	7.30
Dividend Yield	1.25%
Dividend Per Share	0.18
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

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

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