Tencent Music Entertainment Group
$30.94Change from previous close: −1.78%Absolute change: −$0.56
Valuation
Data as of October 4, 2026
Valuation multiples
- Market cap
- $100.85B
- Enterprise value
- $91.18B
- P/E (trailing 12 months)
- 9.26
- Forward P/E
- 7.97
- PEG
- 1.94
- Price/book
- 1.12
- Price/sales
- 2.97
- EV/EBITDA
- 8.09
- EV/revenue
- 2.69
Profitability and growth
- Gross margin
- 44.3%
- Operating margin
- 29.2%
- Net margin
- 26.3%
- ROE
- 11.0%
- ROA
- 5.6%
- ROIC
- 13.6%
- Revenue growth (year over year)
- 5.8%
- Earnings growth (year over year)
- 2.4%
Financial health
- Total cash
- $30.65B
- Total debt
- $16.88B
- Debt/equity
- 0.21
- Current ratio
- 1.75
- Quick ratio
- 1.58
- Altman Z-Score
- 4.22
- Piotroski F-Score
- 5.00
Dividends
- Annual dividend per share
- $0.94
- Dividend yield
- 3.0%
- Payout ratio
- 29.0%
- Ex-dividend date
- April 1, 2026
Analysts and estimates
- Average price target
- $50.36
- Median price target
- $46.70
- High price target
- $93.00
- Low price target
- $36.00
- Analysts with a price target
- 14
- Consensus
- Buy
- Forward EPS
- $3.88
- EPS estimate, current year
- $3.63
Shares and trading
- Beta
- 0.82
- Average volume
- 1.82M
- Shares outstanding
- 1.59B
- Float
- 1.3B
- Institutional ownership
- 3.4%
- Insider ownership
- 21.2%
- Short ratio (days)
- 3.48