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Tencent Music Entertainment Group (TME)

Communication Services | Internet Content & Information | Shenzhen, China | NYSE
8.88 USD +0.03 (0.339%) ⇧ (July 14, 2026, 9:43 a.m. EDT)

Short-term:★★⯪☆☆Long-term:★★★⯪☆Dividends:★★★☆☆
Hot Take | July 11, 2026, 5:12 a.m. EDT

The investment case here is a classic 'value trap' waiting for a catalyst. Fundamentally, the business is sound with a fortress balance sheet, robust free cash flow, and a 26% profit margin, trading at a bargain valuation of roughly 10x earnings. However, the market has punished the stock severely, dragging the price down from nearly $20 to under $9 despite positive revenue growth and a healthy dividend initiation. The recent price action shows a fragile bottom forming, but the heavy overhead resistance at the $10 level—evidenced by both the options wall and the psychological barrier—suggests the stock will likely grind higher slowly rather than surge immediately. It is a solid long-term hold for income and value, but the short-term outlook remains neutral as the stock fights to reclaim lost ground.

Model Selection — Backtest MAE (log-scale, lower is better)
ModelMAE
MSTL ✓0.032460
AutoARIMA0.033295
AutoTheta0.033381
AutoETS0.033523

Forecast horizon: 45 days | Selected: MSTL

Forecast Reliability
Score 39%
H-stat 5.80
Ljung-Box p 0.000
Jarque-Bera p 0.142
Excess Kurtosis -0.25
Attribute Value
Sector Communication Services
Ex Dividend Date 2026-04-01
Last Dividend Date 2026-04-01
Debt to Equity Ratio 6.278
Revenue per Share 21.758
Market Cap 14,530,805,760
Trailing P/E 10.69
Forward P/E 8.37
Beta 0.79
Profit Margins 26.48%
Website https://www.tencentmusic.com

As of July 11, 2026, 5:12 a.m. EDT: Speculators are positioning for a range-bound recovery rather than a breakout. Call open interest is heavily concentrated just above the current price (at the $10 strike), creating a ceiling effect, while put open interest builds significantly further out (Jan 2027) at lower strikes ($7-$8), suggesting a floor. The massive volume spike in deep out-of-the-money calls indicates some speculative hope for a sharp rally, but the dominant structure implies a struggle to break past $10.


Dividend Data

Yield Summary
Last Yield 1yr Yield 3yr Avg 5yr Avg
2.62% 2.62%
Dividend History
Date Dividend Yield %
2026-04-02 0.240 2.617230
2025-04-03 0.180 1.256983
2024-05-31 0.137 0.948097
Additional Data
dividendRate 0.24
dividendYield 2.7
exDividendDate 2026-04-02
trailingAnnualDividendRate 1.679
trailingAnnualDividendYield 0.18982476
lastDividendValue 0.24
lastDividendDate 2026-04-02
dividendDate 2026-04-23

Info Dump

Attribute Value
52 Week Change -0.58525133
Address1 Building D
Address2 Unit 3, 12th Floor Kexing Science Park Kejizhongsan Avenue,Hi-Tech Park, Nansha
All Time High 32.248
All Time Low 2.95
Ask 8.9
Ask Size 1,100
Average Analyst Rating 1.7 - Buy
Average Daily Volume10 Day 5,637,160
Average Daily Volume3 Month 10,158,260
Average Volume 10,158,260
Average Volume10Days 5,637,160
Beta 0.785
Bid 0.0
Bid Size 400
Book Value 7.1053
City Shenzhen
Country China
Crypto Tradeable 0
Currency USD
Current Price 8.875
Current Ratio 2.086
Custom Price Alert Confidence HIGH
Date Short Interest 1,782,777,600
Day High 8.93
Day Low 8.77
Debt To Equity 6.278
Display Name Tencent Music Entertainment
Dividend Date 1,776,902,400
Dividend Rate 0.24
Dividend Yield 2.7
Earnings Call Timestamp End 1,786,478,400
Earnings Call Timestamp Start 1,786,478,400
Earnings Growth -0.518
Earnings Quarterly Growth -0.513
Earnings Timestamp 1,786,451,400
Earnings Timestamp End 1,786,451,400
Earnings Timestamp Start 1,786,451,400
Ebitda 11,173,999,616
Ebitda Margins 0.33414
Enterprise To Ebitda -0.493
Enterprise To Revenue -0.165
Enterprise Value -5,506,883,072
Eps Current Year 6.4916
Eps Forward 1.060064
Eps Trailing Twelve Months 0.83
Esg Populated 0
Ex Dividend Date 1,775,088,000
Exchange NYQ
Exchange Data Delayed By 0
Exchange Timezone Name America/New_York
Exchange Timezone Short Name EDT
Fifty Day Average 8.9418
Fifty Day Average Change -0.06680012
Fifty Day Average Change Percent -0.007470545
Fifty Two Week Change Percent -58.52513
Fifty Two Week High 26.7
Fifty Two Week High Change -17.825
Fifty Two Week High Change Percent -0.667603
Fifty Two Week Low 7.94
Fifty Two Week Low Change 0.93499994
Fifty Two Week Low Change Percent 0.11775818
Fifty Two Week Range 7.94 - 26.7
Financial Currency CNY
First Trade Date Milliseconds 1,544,625,000,000
Float Shares 571,573,209
Forward Eps 1.060064
Forward P E 8.372136
Free Cashflow 4,602,375,168
Full Exchange Name NYSE
Full Time Employees 5,690
Gmt Off Set Milliseconds -14,400,000
Gross Margins 0.44374
Gross Profits 14,839,000,064
Has Pre Post Market Data 1
Held Percent Insiders 0.0
Held Percent Institutions 0.61383
Implied Shares Outstanding 1,637,273,858
Industry Internet Content & Information
Industry Disp Internet Content & Information
Industry Key internet-content-information
Is Earnings Date Estimate 0
Language en-US
Last Dividend Date 1,775,088,000
Last Dividend Value 0.24
Last Fiscal Year End 1,767,139,200
Long Business Summary Tencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with audience base; and Lazy Audio, an audio platform. In addition, it sells artist-related merchandise, such as branded apparel, posters and art prints, and accessories; other music services, such as content licensing, sales of digital albums, sales of customized artist-related merchandises, live performances and concerts, and artist management services; and music subscriptions, as well as offers advertising services across its social entertainment platforms. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group operates as a subsidiary of Tencent Holdings Limited.
Long Name Tencent Music Entertainment Group
Market us_market
Market Cap 14,530,805,760
Market State REGULAR
Max Age 86,400
Message Board Id finmb_551009282
Most Recent Quarter 1,774,915,200
Net Income To Common 8,856,000,512
Next Fiscal Year End 1,798,675,200
Non Diluted Market Cap 14,449,051,935
Number Of Analyst Opinions 28
Open 8.9
Operating Cashflow 10,044,000,256
Operating Margins 0.30386
Payout Ratio 0.29209998
Peg Ratio 1.17
Phone 86 755 8601 3388
Previous Close 8.845
Price Eps Current Year 1.3671514
Price Hint 2
Price To Book 1.2490677
Price To Sales Trailing12 Months 0.4345207
Profit Margins 0.26482
Quick Ratio 1.839
Quote Source Name Nasdaq Real Time Price
Quote Type EQUITY
Recommendation Key buy
Recommendation Mean 1.68966
Region US
Regular Market Change 0.029999733
Regular Market Change Percent 0.33917165
Regular Market Day High 8.93
Regular Market Day Low 8.77
Regular Market Day Range 8.77 - 8.93
Regular Market Open 8.9
Regular Market Previous Close 8.845
Regular Market Price 8.875
Regular Market Time 1,784,036,623
Regular Market Volume 261,476
Return On Assets 0.06334
Return On Equity 0.1195
Revenue Growth 0.073
Revenue Per Share 21.758
Sand P52 Week Change 0.20365608
Sector Communication Services
Sector Disp Communication Services
Sector Key communication-services
Shares Outstanding 804,799,234
Shares Percent Shares Out 0.0208
Shares Short 34,092,056
Shares Short Previous Month Date 1,780,012,800
Shares Short Prior Month 24,484,361
Short Name Tencent Music Entertainment Gro
Short Percent Of Float 0.059699997
Short Ratio 3.03
Source Interval 15
Symbol TME
Target High Price 28.294998
Target Low Price 10.03176
Target Mean Price 15.459766
Target Median Price 14.060418
Total Cash 26,742,999,040
Total Cash Per Share 17.358
Total Debt 4,841,999,872
Total Revenue 33,440,999,424
Tradeable 0
Trailing Annual Dividend Rate 1.679
Trailing Annual Dividend Yield 0.18982476
Trailing Eps 0.83
Trailing P E 10.692771
Trailing Peg Ratio 1.1681
Triggerable 1
Two Hundred Day Average 14.76955
Two Hundred Day Average Change -5.8945503
Two Hundred Day Average Change Percent -0.39910156
Type Disp Equity
Volume 261,476
Website https://www.tencentmusic.com
Zip 518,057