Tencent Music Entertainment Group banner

Tencent Music Entertainment Group
NYSE:TME

Watchlist Manager
Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
NYSE:TME
Watchlist
Price: 13.445 USD -4.92% Market Closed
Market Cap: $20.7B

Relative Value

The Relative Value of one TME stock under the Base Case scenario is 14.178 USD. Compared to the current market price of 13.445 USD, Tencent Music Entertainment Group is Undervalued by 5%.

Relative Value is the estimated value of a stock based on various valuation multiples like P/E and EV/EBIT ratios. It offers a quick snapshot of a stock's valuation in relation to its peers and historical norms.

TME Relative Value
Base Case
14.178 USD
Undervaluation 5%
Relative Value
Price
Worst Case
Base Case
Best Case

Multiples Across Competitors

TME Competitors Multiples
Tencent Music Entertainment Group Competitors

All Multiples
P/S
P/E
EV/EBITDA
EV/EBIT
All Countries
Close
Market Cap P/S P/E EV/EBITDA EV/EBIT
CN
Tencent Music Entertainment Group
NYSE:TME
20.6B USD 4.5 13.1 13.4 13.4
US
Netflix Inc
NASDAQ:NFLX
418.9B USD 9.3 38.1 14 31.6
US
Walt Disney Co
NYSE:DIS
184.6B USD 1.9 15.1 11.3 15.8
LU
Spotify Technology SA
NYSE:SPOT
113.8B USD 5.6 43.6 38 39.7
US
Warner Bros Discovery Inc
NASDAQ:WBD
69.3B USD 1.9 95.5 5.2 74.4
US
TKO Group Holdings Inc
NYSE:TKO
41B USD 9.4 179 28.8 43.2
NL
Universal Music Group NV
AEX:UMG
35B EUR 2.3 6.3 7.5 7.5
US
Live Nation Entertainment Inc
NYSE:LYV
37.4B USD 1.5 -682.8 20.3 30.8
FR
Bollore SE
PAR:BOL
12.8B EUR 8.3 -7.6 -11.8 -11.2
US
Warner Music Group Corp
NASDAQ:WMG
15.2B USD 2.2 50.6 13.4 18.5
US
Roku Inc
NASDAQ:ROKU
14.5B USD 3.1 164.9 184.7 -4 786.3
P/E Multiple
Earnings Growth PEG
CN
Tencent Music Entertainment Group
NYSE:TME
Average P/E: 67.4
13.1
22%
0.6
US
Netflix Inc
NASDAQ:NFLX
38.1
21%
1.8
US
Walt Disney Co
NYSE:DIS
15.1
6%
2.5
LU
Spotify Technology SA
NYSE:SPOT
43.6
19%
2.3
US
Warner Bros Discovery Inc
NASDAQ:WBD
95.5
-12%
N/A
US
TKO Group Holdings Inc
NYSE:TKO
179
90%
2
NL
Universal Music Group NV
AEX:UMG
6.3
2%
3.1
US
Live Nation Entertainment Inc
NYSE:LYV
Negative Multiple: -682.8 N/A N/A
FR
Bollore SE
PAR:BOL
Negative Multiple: -7.6
-39%
N/A
US
Warner Music Group Corp
NASDAQ:WMG
50.6
41%
1.2
US
Roku Inc
NASDAQ:ROKU
164.9
61%
2.7
EV/EBITDA Multiple
EBITDA Growth EV/EBITDA to Growth
CN
Tencent Music Entertainment Group
NYSE:TME
Average EV/EBITDA: 33.6
13.4
22%
0.6
US
Netflix Inc
NASDAQ:NFLX
14
-7%
N/A
US
Walt Disney Co
NYSE:DIS
11.3
11%
1
LU
Spotify Technology SA
NYSE:SPOT
38
30%
1.3
US
Warner Bros Discovery Inc
NASDAQ:WBD
5.2
-22%
N/A
US
TKO Group Holdings Inc
NYSE:TKO
28.8
22%
1.3
NL
Universal Music Group NV
AEX:UMG
7.5
15%
0.5
US
Live Nation Entertainment Inc
NYSE:LYV
20.3
21%
1
FR
Bollore SE
PAR:BOL
Negative Multiple: -11.8 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
13.4
15%
0.9
US
Roku Inc
NASDAQ:ROKU
184.7
149%
1.2
EV/EBIT Multiple
EBIT Growth EV/EBIT to Growth
CN
Tencent Music Entertainment Group
NYSE:TME
Average EV/EBIT: 30.5
13.4
23%
0.6
US
Netflix Inc
NASDAQ:NFLX
31.6
20%
1.6
US
Walt Disney Co
NYSE:DIS
15.8
16%
1
LU
Spotify Technology SA
NYSE:SPOT
39.7
30%
1.3
US
Warner Bros Discovery Inc
NASDAQ:WBD
74.4
21%
3.5
US
TKO Group Holdings Inc
NYSE:TKO
43.2
29%
1.5
NL
Universal Music Group NV
AEX:UMG
7.5
16%
0.5
US
Live Nation Entertainment Inc
NYSE:LYV
30.8
22%
1.4
FR
Bollore SE
PAR:BOL
Negative Multiple: -11.2 N/A N/A
US
Warner Music Group Corp
NASDAQ:WMG
18.5
20%
0.9
US
Roku Inc
NASDAQ:ROKU
Negative Multiple: -4 786.3 N/A N/A
Get AI-powered insights for any company or topic.
Open AI Assistant

Intrinsic Value is all-important and is the only logical way to evaluate the relative attractiveness of investments and businesses.

Warren Buffett