TCEHY vs. TME
Compare and contrast key facts about Tencent Holdings Limited (TCEHY) and Tencent Music Entertainment Group (TME).
Scroll down to visually compare performance, riskiness, drawdowns, and other indicators and decide which better suits your portfolio: TCEHY or TME.
Key characteristics
| TCEHY | TME | |
|---|---|---|
| YTD Return | 23.53% | 64.86% |
| 1Y Return | 7.12% | 124.72% |
| 3Y Return (Ann) | -9.17% | 11.31% |
| 5Y Return (Ann) | 1.27% | 0.46% |
| Sharpe Ratio | 0.26 | 2.70 |
| Daily Std Dev | 32.01% | 42.98% |
| Max Drawdown | -85.47% | -90.19% |
| Current Drawdown | -49.25% | -53.27% |
Fundamentals
| TCEHY | TME | |
|---|---|---|
| Market Cap | $435.29B | $24.41B |
| EPS | $1.63 | $0.45 |
| PE Ratio | 28.65 | 33.96 |
| PEG Ratio | 0.76 | 1.46 |
| Total Revenue (TTM) | $469.32B | $20.23B |
| Gross Profit (TTM) | $235.62B | $7.75B |
| EBITDA (TTM) | $168.97B | $5.13B |
Correlation
The correlation between TCEHY and TME is 0.56, 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.
Performance
TCEHY vs. TME - Performance Comparison
In the year-to-date period, TCEHY achieves a 23.53% return, which is significantly lower than TME's 64.86% return. The chart below displays the growth of a $10,000 investment in both assets, with all prices adjusted for splits and dividends.
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Risk-Adjusted Performance
TCEHY vs. TME - Risk-Adjusted Performance Comparison
This table presents a comparison of risk-adjusted performance metrics for Tencent Holdings Limited (TCEHY) 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.
Dividends
TCEHY vs. TME - Dividend Comparison
TCEHY's dividend yield for the trailing twelve months is around 0.94%, more than TME's 0.93% yield.
| TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
TCEHY Tencent Holdings Limited | 0.94% | 6.80% | 4.27% | 0.35% | 0.22% | 0.27% | 0.29% | 0.15% | 0.25% | 0.24% | 0.04% | 0.20% |
TME Tencent Music Entertainment Group | 0.93% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Drawdowns
TCEHY vs. TME - Drawdown Comparison
The maximum TCEHY drawdown since its inception was -85.47%, smaller than the maximum TME drawdown of -90.19%. Use the drawdown chart below to compare losses from any high point for TCEHY and TME. For additional features, visit the drawdowns tool.
Volatility
TCEHY vs. TME - Volatility Comparison
The current volatility for Tencent Holdings Limited (TCEHY) is 7.76%, while Tencent Music Entertainment Group (TME) has a volatility of 11.13%. This indicates that TCEHY 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.
Financials
TCEHY vs. TME - Financials Comparison
This section allows you to compare key financial metrics between Tencent Holdings Limited and Tencent Music Entertainment Group. You can select fields from income statements, balance sheets, and cash flow statements to easily visualize and compare the financial health of both companies.
Total Revenue: Total amount of money received from sales and other business activities