- ISIN
- US88034P1093
- CUSIP
- 88034P109
- Sector
- Communication Services
- Industry
- Internet Content & Information
- IPO Date
- Dec 12, 2018
Highlights
- Market Cap
- $14.22B
- Enterprise Value
- $791.30M
- EPS (TTM)
- $5.49
- PE Ratio
- 1.66
- PEG Ratio
- 0.04
- Total Revenue (TTM)
- $32.50B
- Gross Profit (TTM)
- $18.52B
- EBITDA (TTM)
- $13.20B
- Year Range
- $8.44 - $26.70
- Target Price
- $17.82
- ROA (TTM)
- 8.59%
- ROE (TTM)
- 11.53%
Share Price Chart
Loading charts...
Compare stocks, funds, or ETFs
Search for stocks, ETFs, and funds for a quick comparison or use the comparison tool for more options.
Performance
TME Performance Chart
Tencent Music Entertainment Group (TME) is down 46.5% since the beginning of the year. At $9 per share, TME is trading 65.8% below its 52-week high of $27. Investors who bought $1,000 worth of TME shares 5 years ago would now be looking at an investment worth $622.
Loading charts...
Returns By Period
Tencent Music Entertainment Group (TME) has returned -46.46% so far this year and -46.00% over the past 12 months.
Tencent Music Entertainment Group
- 1D
- -3.89%
- 1M
- 0.00%
- YTD
- -46.46%
- 6M
- -48.74%
- 1Y
- -46.00%
- 3Y*
- 8.44%
- 5Y*
- -9.05%
- 10Y*
- —
Benchmark (S&P 500 Index)
- 1D
- -0.74%
- 1M
- 4.90%
- YTD
- 10.35%
- 6M
- 10.28%
- 1Y
- 26.52%
- 3Y*
- 20.83%
- 5Y*
- 12.30%
- 10Y*
- 13.66%
TME Monthly Returns History
Based on dividend-adjusted daily data since Dec 12, 2018, TME's average daily return is +0.04%, while the average monthly return is +0.79%. At this rate, an investment would double in approximately 7.3 years.
Historically, 46% of months were positive and 54% were negative. The best month was Nov 2022 with a return of +94.2%, while the worst month was Mar 2026 at -36.4%. The longest winning streak lasted 8 consecutive months, and the longest losing streak was 8 months.
On a daily basis, TME closed higher 47% of trading days. The best single day was Nov 15, 2022 with a return of +30.6%, while the worst single day was Mar 24, 2021 at -27.1%.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | -4.28% | -12.99% | -36.44% | 1.46% | 0.55% | -0.87% | -46.46% | ||||||
| 2025 | 5.55% | 1.75% | 18.21% | -5.70% | 25.48% | 15.74% | 7.70% | 16.82% | -4.81% | -4.37% | -17.34% | -4.99% | 56.39% |
| 2024 | 4.33% | 11.38% | 6.88% | 12.15% | 16.19% | -2.77% | 0.93% | -26.38% | 15.42% | -7.63% | 2.52% | -0.53% | 27.12% |
| 2023 | 1.33% | -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% |
| 2021 | 38.25% | -3.31% | -20.33% | -14.98% | -9.64% | -1.65% | -31.72% | -16.37% | -17.99% | 8.41% | -8.52% | -4.73% | -64.40% |
Benchmark Metrics
Tencent Music Entertainment Group has an annualized alpha of -2.09%, beta of 0.81, and R2 of 0.08 versus S&P 500 Index. Calculated based on daily prices since December 13, 2018.
- This stock participated in 92.37% of S&P 500 Index downside but only 28.95% of its upside - more exposed to losses than it benefited from rallies.
- R2 of 0.08 means this stock moves largely independently of S&P 500 Index - capture ratios reflect limited market correlation rather than active downside protection. Consider using a more representative benchmark.
- Alpha
- -2.09%
- Beta
- 0.81
- R²
- 0.08
- Upside Capture
- 28.95%
- Downside Capture
- 92.37%
Return for Risk
Risk / Return Rank
TME ranks 10 for risk / return — in the bottom 10% of stocks on our site. This means you're taking on significantly more risk than the returns justify. Consider whether the potential upside is worth the volatility, or explore alternatives with better risk / return profiles.
Return / Risk — by metrics
The table below present risk-adjusted performance metrics for Tencent Music Entertainment Group (TME) and compare them to S&P 500 Index.
| TME | Benchmark | Difference | |
|---|---|---|---|
| Sharpe ratioReturn per unit of total volatility | -3.22 | ||
| Sortino ratioReturn per unit of downside risk | -4.38 | ||
| Omega ratioGain probability vs. loss probability | 0.81 | 1.41 | -0.60 |
| Calmar ratioReturn relative to maximum drawdown | -0.69 | 2.93 | -3.62 |
| Martin ratioReturn relative to average drawdown | -1.25 | 13.52 | -14.77 |
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month. | |||
Dividends
Dividend History
Tencent Music Entertainment Group provided a 2.63% dividend yield over the last twelve months, with an annual payout of $0.24 per share.
| Period | TTM | 2025 | 2024 |
|---|---|---|---|
| Dividend | $0.24 | $0.18 | $0.14 |
Dividend yield | 2.63% | 1.03% | 1.21% |
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.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026 | $0.00 | $0.00 | $0.00 | $0.24 | $0.00 | $0.00 | $0.24 | ||||||
| 2025 | $0.00 | $0.00 | $0.00 | $0.18 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.18 |
| 2024 | $0.14 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
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.
Loading charts...
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 69.83%.
Related event | Drawdown | Fall | Recovery | Underwater |
|---|---|---|---|---|
Bear market2022 | -90.19%Mar 2022 | 11mo 25d | — | 5y 2moMar 2021 - now |
COVID crash2020 | -50.55%Mar 2020 | 1y 5d | 9mo 12d | 1y 9moMar 2019 - Dec 2020 |
Rate-hike selloffLate 2018 | -14.29%Dec 2018 | 11d | 25d | 1mo 6dDec 2018 - Jan 2019 |
2019 correction2019 | -12.38%Feb 2019 | 7d | 11d | 18dJan 2019 - Feb 2019 |
2021 correction2021 | -12.12%Feb 2021 | 5d | 24d | 29dFeb 2021 - Mar 2021 |
Drawdown Indicators
| TME | Benchmark | Difference | |
|---|---|---|---|
Max DrawdownLargest peak-to-trough decline | -90.19% | -56.78% | -33.41% |
Max Drawdown (1Y)Largest decline over 1 year | -67.01% | -9.10% | -57.91% |
Max Drawdown (3Y)Largest decline over 3 years | -67.01% | -18.90% | -48.11% |
Max Drawdown (5Y)Largest decline over 5 years | -80.52% | -25.43% | -55.09% |
Max Drawdown (10Y)Largest decline over 10 years | — | -33.92% | — |
Current DrawdownCurrent decline from peak | -69.83% | -0.74% | -69.09% |
Average DrawdownAverage peak-to-trough decline | -51.97% | -10.72% | -41.25% |
Ulcer IndexDepth and duration of drawdowns from previous peaks | 36.92% | 1.97% | +34.95% |
Volatility
Volatility Chart
The chart below shows the rolling one-month volatility.
Loading charts...
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.
Valuation
The Valuation section provides an overview of how Tencent Music Entertainment Group is priced in the market compared to other companies in the Internet Content & Information industry. It includes key financial ratios that help investors assess whether the stock is undervalued or overvalued.
PE Ratio
The chart displays the Price-to-Earnings (P/E) ratio for TME, comparing it with other companies in the Internet Content & Information industry. Currently, TME has a P/E ratio of 1.7. This P/E ratio is considered low compared to industry peers, which may suggest that the stock is undervalued or that the company has weaker growth prospects.
PEG Ratio
The chart shows the Price/Earnings to Growth (PEG) ratio for TME compared to other companies in the Internet Content & Information industry. TME currently has a PEG ratio of 0.0. This PEG ratio is low compared to industry peers, which could indicate the stock is undervalued relative to its expected growth.
PS Ratio
This chart shows the Price-to-Sales (P/S) ratio for TME relative to other companies in the Internet Content & Information industry. Currently, TME has a P/S ratio of 0.4. This P/S ratio falls within the average range for the industry, suggesting the stock is fairly valued based on its revenue.
PB Ratio
The chart illustrates the Price-to-Book (P/B) ratio for TME in comparison with other companies in the Internet Content & Information industry. Currently, TME has a P/B value of 0.2. This P/B ratio is low compared to industry peers. It might indicate the stock is undervalued or that the company’s assets are not expected to generate strong returns.
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 | — |
Build a portfolio with TME
Add Tencent Music Entertainment Group to a portfolio and analyze allocations for your target — whether that's maximizing returns, minimizing drawdowns, or balancing risk across holdings.
Open Portfolio Analyzer with TME