PortfoliosLab logo
PortfoliosLab logo
Tools
Performance Analysis
Portfolio Analysis
Factor Model
Portfolios
Lazy PortfoliosUser Portfolios
Discussions
Tencent Music Entertainment Group (TME)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US88034P1093

CUSIP

88034P109

Sector

Communication Services

IPO Date

Dec 12, 2018

Highlights

Market Cap

$20.77B

EPS (TTM)

$0.49

PE Ratio

24.04

PEG Ratio

0.79

Total Revenue (TTM)

$27.84B

Gross Profit (TTM)

$11.41B

EBITDA (TTM)

$7.94B

Year Range

$8.08 - $15.63

Target Price

$14.48

Short %

2.62%

Short Ratio

2.71

Share Price Chart


Loading data...

Compare to other instruments

Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.


Popular comparisons:
TME vs. TCEHY TME vs. ALAR TME vs. MSFT TME vs. MCHI TME vs. VOO TME vs. SPY TME vs. JPM TME vs. ALL TME vs. SFM TME vs. HWM
Popular comparisons:
TME vs. TCEHY TME vs. ALAR TME vs. MSFT TME vs. MCHI TME vs. VOO TME vs. SPY TME vs. JPM TME vs. ALL TME vs. SFM TME vs. HWM

Performance

Performance Chart

The chart shows the growth of an initial investment of $10,000 in Tencent Music Entertainment Group, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.


0.00%50.00%100.00%JulyAugustSeptemberOctoberNovemberDecember
-13.87%
123.72%
TME (Tencent Music Entertainment Group)
Benchmark (^GSPC)

Returns By Period

Tencent Music Entertainment Group had a return of 33.84% year-to-date (YTD) and 41.70% in the last 12 months.


TME

YTD

33.84%

1M

3.73%

6M

-14.70%

1Y

41.70%

5Y*

0.69%

10Y*

N/A

^GSPC (Benchmark)

YTD

24.34%

1M

0.23%

6M

8.53%

1Y

24.95%

5Y*

13.01%

10Y*

11.06%

Monthly Returns

The table below presents the monthly returns of TME, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
20244.33%11.38%6.88%12.15%16.19%-2.77%0.93%-26.38%15.42%-7.63%2.52%33.84%
20231.33%-10.13%9.81%-10.51%-6.34%6.34%-5.28%-2.43%-6.45%13.79%17.22%5.88%8.82%
2022-9.78%-12.78%-9.65%-12.73%-1.65%20.10%-16.14%21.38%-20.55%-11.08%94.18%18.12%20.88%
202138.25%-3.31%-20.33%-14.98%-9.64%-1.65%-31.72%-16.37%-17.99%8.41%-8.52%-4.73%-64.40%
20208.09%-4.41%-17.07%13.42%13.23%4.18%19.91%-3.16%-5.50%0.74%12.63%14.80%63.88%
201913.09%20.54%0.44%-4.97%-23.02%13.22%-4.80%-6.80%-3.98%8.38%-10.19%-5.55%-11.19%
2018-5.57%-5.57%

Risk-Adjusted Performance

Risk-Adjusted Performance Rank

The current rank of TME is 71, indicating average performance compared to other stocks on our website. Here’s a breakdown of how it compares using common performance measures.


The Risk-Adjusted Performance Rank of TME is 7171
Overall Rank
The Sharpe Ratio Rank of TME is 7575
Sharpe Ratio Rank
The Sortino Ratio Rank of TME is 7272
Sortino Ratio Rank
The Omega Ratio Rank of TME is 6969
Omega Ratio Rank
The Calmar Ratio Rank of TME is 7171
Calmar Ratio Rank
The Martin Ratio Rank of TME is 7171
Martin Ratio Rank
The risk-adjusted ranks indicate the investment's position relative to the market. A rank closer to 100 signifies top-performing investments, while a rank closer to 0 might suggest underperformance, based on the selected ratio. The values are calculated based on the past 12 months of returns.

Risk-Adjusted Performance Indicators

The charts below present risk-adjusted performance metrics for Tencent Music Entertainment Group (TME) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.


Sharpe ratio
The chart of Sharpe ratio for TME, currently valued at 0.82, compared to the broader market-4.00-2.000.002.000.822.10
The chart of Sortino ratio for TME, currently valued at 1.46, compared to the broader market-4.00-2.000.002.004.001.462.80
The chart of Omega ratio for TME, currently valued at 1.18, compared to the broader market0.501.001.502.001.181.39
The chart of Calmar ratio for TME, currently valued at 0.55, compared to the broader market0.002.004.006.000.553.09
The chart of Martin ratio for TME, currently valued at 2.44, compared to the broader market-5.000.005.0010.0015.0020.0025.002.4413.49
TME
^GSPC

The current Tencent Music Entertainment Group Sharpe ratio is 0.82. This value is calculated based on the past 1 year of trading data and takes into account price changes and dividends.

Use the chart below to compare the Sharpe ratio of Tencent Music Entertainment Group with the selected benchmark, providing insights into the investment's historical performance in terms of risk-adjusted returns. Go to the Sharpe ratio tool for more fine-grained control over the calculation options.


Rolling 12-month Sharpe Ratio0.001.002.003.004.00JulyAugustSeptemberOctoberNovemberDecember
0.82
2.10
TME (Tencent Music Entertainment Group)
Benchmark (^GSPC)

Dividends

Dividend History

Tencent Music Entertainment Group provided a 1.15% dividend yield over the last twelve months, with an annual payout of $0.14 per share.


PeriodTTM
Dividend$0.14

Dividend yield

1.15%

Monthly Dividends

The table displays the monthly dividend distributions for Tencent Music Entertainment Group. The dividends shown in the table have been adjusted to account for any splits that may have occurred.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2024$0.14$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14

Dividend Yield & Payout


Dividend Yield
5.0%10.0%15.0%20.0%1.2%
Tencent Music Entertainment Group has a dividend yield of 1.15%, which signifies it pays a smaller percentage of its stock price in dividends to its shareholders compared to other companies in the market.
Payout Ratio
200.0%400.0%600.0%800.0%4.0%
Tencent Music Entertainment Group has a payout ratio of 3.99%, which is below the market average. This means Tencent Music Entertainment Group returns a smaller proportion of its earnings to shareholders as dividends, suggesting it retains a higher portion for reinvestment, growth, or debt payment.

Drawdowns

Drawdowns Chart

The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.


-70.00%-60.00%-50.00%-40.00%-30.00%-20.00%-10.00%0.00%JulyAugustSeptemberOctoberNovemberDecember
-62.07%
-2.62%
TME (Tencent Music Entertainment Group)
Benchmark (^GSPC)

Worst Drawdowns

The table below displays the maximum drawdowns of the Tencent Music Entertainment Group. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.

The maximum drawdown for the Tencent Music Entertainment Group was 90.19%, occurring on Mar 14, 2022. The portfolio has not yet recovered.

The current Tencent Music Entertainment Group drawdown is 62.07%.


Depth

Start

To Bottom

Bottom

To Recover

End

Total

-90.19%Mar 24, 2021246Mar 14, 2022
-50.55%Mar 19, 2019256Mar 23, 2020196Dec 30, 2020452
-14.29%Dec 13, 20188Dec 24, 201817Jan 18, 201925
-12.38%Jan 25, 20196Feb 1, 20197Feb 12, 201913
-12.12%Feb 17, 20214Feb 22, 202118Mar 18, 202122

Volatility

Volatility Chart

The current Tencent Music Entertainment Group volatility is 15.26%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.


0.00%5.00%10.00%15.00%20.00%JulyAugustSeptemberOctoberNovemberDecember
15.26%
3.79%
TME (Tencent Music Entertainment Group)
Benchmark (^GSPC)

Financials

Financial Performance

The chart below illustrates the trends in the financial health of Tencent Music Entertainment Group over time, highlighting three key metrics: Total Revenue, Earnings Before Interest and Taxes (EBIT), and Net Income.

Annual
Quarterly

0.0

Valuation

The Valuation section provides an assessment of the market value of Tencent Music Entertainment Group compared to its peers in the Internet Content & Information industry.


PE Ratio
50.0100.0150.0200.024.0
The chart displays the price to earnings (P/E) ratio for TME in comparison to other companies of the Internet Content & Information industry. Currently, TME has a PE value of 24.0. This PE ratio falls in the average range for the industry.
PEG Ratio
-100.00.0100.0200.0300.0400.00.8
The chart displays the price to earnings to growth (PEG) ratio for TME in comparison to other companies of the Internet Content & Information industry. Currently, TME has a PEG value of 0.8. This PEG ratio falls in the average range for the industry.

Historical P/E Ratio Chart

The chart below displays the historical trend of the price-to-earnings (P/E) ratio for Tencent Music Entertainment Group.


Loading data...

Income Statement



TTM
Revenue

Total Revenue

Cost Of Revenue

Gross Profit

Operating Expenses

Selling, General & Admin Expenses

R&D Expenses

Depreciation And Amortization

Total Operating Expenses

Income

Income Before Tax

Operating Income

EBITDA

EBIT

Earnings From Continuing Operations

Net Income

Income Tax Expense

Other Non-Operating Income (Expenses)

Extraordinary Items

Discontinued Operations

Effect Of Accounting Charges

Non Recurring

Minority Interest

Other Items

Interest Income

Interest Expense

Net Interest Income

Values in undefined except per share items
PortfoliosLab logo
Performance Analysis
Portfolio AnalysisPortfolio PerformanceStock ComparisonSharpe RatioMartin RatioTreynor RatioSortino RatioOmega RatioCalmar RatioSummers Ratio
Community
Discussions


Disclaimer

The information contained herein does not constitute investment advice and made available for educational purposes only. Prices and returns on equities are listed without consideration of fees, commissions, taxes, penalties, or interest payable due to purchasing, holding, or selling.

Copyright © 2024 PortfoliosLab