PortfoliosLab logo
Tencent Music Entertainment Group (TME)
Performance
Risk-Adjusted Performance
Dividends
Drawdowns
Volatility
Financials

Company Info

ISIN

US88034P1093

CUSIP

88034P109

IPO Date

Dec 12, 2018

Highlights

Market Cap

$25.52B

EPS (TTM)

$0.85

PE Ratio

19.69

PEG Ratio

1.40

Total Revenue (TTM)

$28.99B

Gross Profit (TTM)

$12.50B

EBITDA (TTM)

$11.41B

Year Range

$9.41 - $17.11

Target Price

$17.14

Short %

4.60%

Short Ratio

2.89

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.


Performance

Performance Chart


Loading data...

S&P 500

Returns By Period

Tencent Music Entertainment Group (TME) returned 49.87% year-to-date (YTD) and 12.41% over the past 12 months.


TME

YTD

49.87%

1M

38.41%

6M

52.56%

1Y

12.41%

3Y*

61.57%

5Y*

7.17%

10Y*

N/A

^GSPC (Benchmark)

YTD

1.00%

1M

12.45%

6M

0.40%

1Y

11.91%

3Y*

15.05%

5Y*

15.04%

10Y*

10.82%

*Annualized

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
20255.55%1.75%18.21%-6.87%26.75%49.87%
20244.33%11.38%6.88%12.15%16.19%-2.77%0.93%-26.38%15.42%-7.63%2.52%-0.53%27.12%
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 58, 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 5858
Overall Rank
The Sharpe Ratio Rank of TME is 6161
Sharpe Ratio Rank
The Sortino Ratio Rank of TME is 5858
Sortino Ratio Rank
The Omega Ratio Rank of TME is 5656
Omega Ratio Rank
The Calmar Ratio Rank of TME is 5959
Calmar Ratio Rank
The Martin Ratio Rank of TME is 5858
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.


The Sharpe ratio helps investors understand how much return they're getting for the level of risk taken. A higher Sharpe ratio indicates better risk-adjusted performance, meaning more reward for each unit of risk.

Tencent Music Entertainment Group Sharpe ratios as of May 21, 2025 (values are recalculated daily):

  • 1-Year: 0.22
  • 5-Year: 0.12
  • All Time: 0.06

These values reflect how efficiently the investment has delivered returns relative to its volatility over different time periods. All figures are annualized and based on daily total returns (including price changes and dividends).

The chart below shows the rolling Sharpe ratio of Tencent Music Entertainment Group compared to the selected benchmark. This view highlights how the investment's risk-adjusted performance has changed over time. For deeper analysis or to customize the calculation, use the Sharpe ratio tool.


Loading data...

Dividends

Dividend History

Tencent Music Entertainment Group provided a 1.86% dividend yield over the last twelve months, with an annual payout of $0.32 per share.


1.21%$0.00$0.02$0.04$0.06$0.08$0.10$0.12$0.142024
Dividends
Dividend Yield
PeriodTTM2024
Dividend$0.32$0.14

Dividend yield

1.86%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.


JanFebMarAprMayJunJulAugSepOctNovDecTotal
2025$0.00$0.00$0.00$0.18$0.00$0.18
2024$0.14$0.00$0.00$0.00$0.00$0.00$0.00$0.00$0.14

Dividend Yield & Payout


Dividend Yield

Tencent Music Entertainment Group has a dividend yield of 1.86%, which is quite average when compared to the overall market.

Payout Ratio

Tencent Music Entertainment Group has a payout ratio of 7.60%, 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.


Loading data...

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 46.00%.


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 chart below shows the rolling one-month volatility.


Loading data...

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

Earnings Per Share

The chart presents the Earnings Per Share (EPS) performance of Tencent Music Entertainment Group, comparing actual results with analytics estimates. The company has exceeded analyst expectations for EPS in the past quarter, achieving a 3.8% positive surprise.


0.200.400.600.801.001.201.4020212022202320242025
1.37
1.32
Actual
Estimate

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 19.7. This P/E ratio is in line with the industry average, suggesting the stock may be fairly valued relative to its earnings.

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 1.4. This PEG ratio is close to the industry average, suggesting the stock’s valuation is balanced against its growth outlook.

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 0.9. 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 2.5. This P/B ratio is in line with the industry average, suggesting the stock is valued fairly in relation to its book value.

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