TAL vs. TME

Last updated Apr 1, 2026

Compare and contrast key facts about TAL Education Group (TAL) and Tencent Music Entertainment Group (TME).

Performance

TAL vs. TME - Performance Comparison

The chart below illustrates the hypothetical performance of a $10,000 investment in TAL Education Group (TAL) and Tencent Music Entertainment Group (TME). The values are adjusted to include any dividend payments, if applicable.

TAL vs. TME - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018
TAL TAL Education Group	4.22%	8.88%	-20.67%	79.15%	79.39%	-94.50%	48.36%	80.66%	-5.12%
TME Tencent Music Entertainment Group	-47.06%	56.39%	27.12%	8.82%	20.88%	-64.40%	63.88%	-11.20%	-5.57%

Fundamentals

Market Cap TAL : $2.13B TME : $14.42B
EPS TAL : $1.43 TME : $6.92
PE Ratio TAL : 7.95 TME : 1.34
PEG Ratio TAL : 0.51 TME : 0.03
PS Ratio TAL : 0.79 TME : 0.45
PB Ratio TAL : 0.61 TME : 0.18
Total Revenue (TTM) TAL : $2.82B TME : $32.01B
Gross Profit (TTM) TAL : $1.56B TME : $18.24B
EBITDA (TTM) TAL : $296.86M TME : $13.14B

Returns By Period

In the year-to-date period, TAL achieves a 4.22% return, which is significantly higher than TME's -47.06% return.

TAL

• 1D: 3.27%
• 1M: 7.98%
• YTD: 4.22%
• 6M: 1.52%
• 1Y: -13.93%
• 3Y*: 21.05%
• 5Y*: -27.38%
• 10Y*: 3.35%

TME

• 1D: -0.32%
• 1M: -36.44%
• YTD: -47.06%
• 6M: -60.24%
• 1Y: -34.79%
• 3Y*: 4.62%
• 5Y*: -13.96%
• 10Y*: —

*Multi-year figures are annualized to reflect compound growth (CAGR)

Return for Risk

TAL vs. TME — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

TAL

TAL Risk / Return Rank: 30
TAL Sharpe Ratio Rank: 30
TAL Sortino Ratio Rank: 29
TAL Omega Ratio Rank: 29
TAL Calmar Ratio Rank: 29
TAL Martin Ratio Rank: 31

TME

TME Risk / Return Rank: 16
TME Sharpe Ratio Rank: 12
TME Sortino Ratio Rank: 15
TME Omega Ratio Rank: 14
TME Calmar Ratio Rank: 25
TME Martin Ratio Rank: 15

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

TAL vs. TME - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for TAL Education Group (TAL) and Tencent Music Entertainment Group (TME). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	TAL	TME	Difference
Sharpe ratio Return per unit of total volatility	-0.27	-0.69	+0.42
Sortino ratio Return per unit of downside risk	-0.04	-0.75	+0.71
Omega ratio Gain probability vs. loss probability	0.99	0.89	+0.11
Calmar ratio Return relative to maximum drawdown	-0.41	-0.53	+0.12
Martin ratio Return relative to average drawdown	-0.71	-1.35	+0.64
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

TAL vs. TME - Sharpe Ratio Comparison

The current TAL Sharpe Ratio is -0.27, which is higher than the TME Sharpe Ratio of -0.69. The chart below compares the historical Sharpe Ratios of TAL and TME, offering insights into how both investments have performed under varying market conditions. These values are calculated using daily returns over the previous 12 months.

Sharpe Ratios by Period

	TAL	TME	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-0.27	-0.69	+0.42
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	-0.32	-0.23	-0.08
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.05	—	—
Sharpe Ratio (All Time) Calculated using the full available price history	0.21	-0.09	+0.30

Correlation

The correlation between TAL and TME is 0.44, which is considered to be moderate. This suggests that the two assets have some degree of positive relationship in their price movements. Moderate correlation can be acceptable for portfolio diversification, offering a balance between risk and potential returns.

Dividends

TAL vs. TME - Dividend Comparison

TAL has not paid dividends to shareholders, while TME's dividend yield for the trailing twelve months is around 1.94%.

	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
TAL TAL Education Group	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.27%	1.28%	4.07%
TME Tencent Music Entertainment Group	1.94%	1.03%	1.21%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Drawdowns

TAL vs. TME - Drawdown Comparison

The maximum TAL drawdown since its inception was -98.06%, which is greater than TME's maximum drawdown of -90.19%. Use the drawdown chart below to compare losses from any high point for TAL and TME.

Drawdown Indicators

	TAL	TME	Difference
Max Drawdown Largest peak-to-trough decline	-98.06%	-90.19%	-7.87%
Max Drawdown (1Y) Largest decline over 1 year	-36.32%	-64.80%	+28.48%
Max Drawdown (5Y) Largest decline over 5 years	-97.22%	-84.52%	-12.70%
Max Drawdown (10Y) Largest decline over 10 years	-98.06%	—	—
Current Drawdown Current decline from peak	-87.39%	-70.17%	-17.22%
Average Drawdown Average peak-to-trough decline	-41.28%	-51.55%	+10.27%
Ulcer Index Depth and duration of drawdowns from previous peaks	21.04%	25.70%	-4.66%

Volatility

TAL vs. TME - Volatility Comparison

The current volatility for TAL Education Group (TAL) is 8.69%, while Tencent Music Entertainment Group (TME) has a volatility of 31.26%. This indicates that TAL experiences smaller price fluctuations and is considered to be less risky than TME based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	TAL	TME	Difference
Volatility (1M) Calculated over the trailing 1-month period	8.69%	31.26%	-22.57%
Volatility (6M) Calculated over the trailing 6-month period	34.05%	40.64%	-6.59%
Volatility (1Y) Calculated over the trailing 1-year period	51.70%	50.54%	+1.16%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	87.02%	60.27%	+26.75%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	69.25%	57.09%	+12.16%

Financials

TAL vs. TME - Profitability Comparison

The chart below illustrates the profitability comparison between TAL Education Group and Tencent Music Entertainment Group over time, highlighting three key metrics: Gross Profit Margin, Operating Margin, and Net Profit Margin.

TAL - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, TAL Education Group reported a gross profit of 432.69M and revenue of 771.74M. Therefore, the gross margin over that period was 56.1%.

TME - Gross Margin

Gross margin is calculated as gross profit divided by revenue. For the three months ending on Apr 2026, Tencent Music Entertainment Group reported a gross profit of 7.57B and revenue of 7.74B. Therefore, the gross margin over that period was 97.7%.

TAL - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, TAL Education Group reported an operating income of 93.31M and revenue of 771.74M, resulting in an operating margin of 12.1%.

TME - Operating Margin

Operating margin is calculated as operating income divided by revenue. For the three months ending on Apr 2026, Tencent Music Entertainment Group reported an operating income of 2.62B and revenue of 7.74B, resulting in an operating margin of 33.8%.

TAL - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, TAL Education Group reported a net income of 130.86M and revenue of 771.74M, resulting in a net margin of 17.0%.

TME - Net Margin

Net margin is calculated as net income divided by revenue. For the three months ending on Apr 2026, Tencent Music Entertainment Group reported a net income of 1.90B and revenue of 7.74B, resulting in a net margin of 24.6%.