Stock 1698 TENCENT MUSIC ENTERTAINMENT GROUP
Add to a list
To use this feature you must be a member
Log inSign up

Ratings Tencent Music Entertainment Group Hong Kong S.E.

Equities

1698

XD0440235394

End-of-day quote Hong Kong S.E.
Other stock markets
 06:00:00 2024-02-04 pm EST 		5-day change 1st Jan Change
36 HKD -1.37% Intraday chart for Tencent Music Entertainment Group +5.42% +5.88%
Jun. 04 Tencent Music, Tencent to Buy 10% Stake in Thailand's GMM Music MT
Jun. 03 Asian Equities Traded in the US as American Depositary Receipts Open Week Higher in Monday Trading MT

Summary

  • The company has strong fundamentals. More than 70% of companies have a lower mix of growth, profitability, debt and visibility.
  • The company presents an interesting fundamental situation from a short-term investment perspective.

Strengths

  • The company's EBITDA/Sales ratio is relatively high and results in high margins before depreciation, amortization and taxes.
  • Margins returned by the company are among the highest on the stock exchange list. Its core activity clears big profits.
  • Thanks to a sound financial situation, the firm has significant leeway for investment.
  • Sales forecast by analysts have been recently revised upwards.
  • For the last twelve months, analysts have been gradually revising upwards their EPS forecast for the upcoming fiscal year.
  • For the last 4 months, the company has been enjoying highly positive EPS revisions, which were frequently and significantly raised.
  • Analysts covering this company mostly recommend stock overweighting or purchase.
  • Over the past four months, analysts' average price target has been revised upwards significantly.
  • The opinion of analysts covering the stock has improved over the past four months.
  • Over the past twelve months, analysts' opinions have been strongly revised upwards.
  • Historically, the company has been releasing figures that are above expectations.

Weaknesses

  • The firm trades with high earnings multiples: 3.57 times its 2024 earnings per share.
  • With an enterprise value anticipated at -0.01 times the sales for the current fiscal year, the company turns out to be overvalued.
  • The company is not the most generous with respect to shareholders' compensation.

Ratings chart - Surperformance

Sector: Internet Services

1st Jan change Capi. Investor Rating ESG Refinitiv
TENCENT MUSIC ENTERTAINMENT GROUP Stock Tencent Music Entertainment Group
+5.88% 22.2B -
KUAISHOU TECHNOLOGY Stock Kuaishou Technology
-2.46% 29.02B
C+
MATCH GROUP, INC. Stock Match Group, Inc.
-13.75% 8.46B
C-
WEIBO CORPORATION Stock Weibo Corporation
-22.92% 2.05B
C
BUMBLE INC. Stock Bumble Inc.
-26.39% 1.39B -
NEXTDOOR HOLDINGS, INC. Stock Nextdoor Holdings, Inc.
+28.84% 941M -
GREE, INC. Stock GREE, Inc.
-7.37% 568M
C-
ZIGEXN CO., LTD. Stock ZIGExN Co., Ltd.
+20.90% 421M -
NEW WORK SE Stock New Work SE
-16.62% 396M
B-
INKEVERSE GROUP LIMITED Stock Inkeverse Group Limited
+3.61% 216M - -
Investor Rating
Trading Rating
ESG Refinitiv
-

Financials

Sales growth
Earnings Growth
EBITDA / Sales
Profitability
Finances

Valuation

P/E ratio
EV / Sales
Price to Book
Price to Free Cash Flow
Yield

Momentum

1 year Revenue revision
4 months Revenue revision
7 days Revenue revision
1 year EPS revision
4 months EPS revision

Consensus

Analyst Opinion
Potential Price Target
4m Target Price Revision
4m Revision of opinion
12m Revision of opinion

Business Predictability

Analyst Coverage
Divergence of Estimates
Divergence of analysts' opinions
Divergence of Target Price
Earnings quality

Technical analysis

ST Timing
MT Timing
LT Timing
RSI
Bollinger Spread
Unusual volumes
  1. Stock Market
  2. Equities
  3. TME Stock
  4. 1698 Stock
  5. Ratings Tencent Music Entertainment Group