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TME Valuation

Tencent Music Entertainment Group
$
21.230
-0.34(-1.576%)1D
  • Overview
  • Forecast
  • Valuation
  • Earnings

TME Relative Valuation

TME's fair value is calculated using relative valuation, based on historical P/E and P/S ranges and their premiums/discounts relative to a competitor average, adjusted by weights. If the market price exceeds this fair value range, TME is overvalued; if below, it's undervalued.

Historical Valuation

Tencent Music Entertainment Group (TME) is now in the Fair zone, suggesting that its current forward PE ratio of 24.96 is considered Fairly compared with the five-year average of 21.47. The fair price of Tencent Music Entertainment Group (TME) is between 12.15 to 30.53 according to relative valuation methord.
Relative Value
Fair Zone
12.15-30.53
Current Price:21.57
Fair
P/E
EV/EBITDA
EV/EBIT
P/S
P/OCF
P/FCF
1Y
3Y
5Y
Trailing
Forward
3.22
P/B
Median3y
1.88
Median5y
2.19
4.01
FCF Yield
Median3y
7.77
Median5y
6.97

Competitors Valuation Multiple

The average P/S ratio for TME's competitors is 55.45, providing a benchmark for relative valuation. Tencent Music Entertainment Group Corp (TME) exhibits a P/S ratio of 7.58, which is -86.32% above the industry average. Given its robust revenue growth of 8.69%, this premium appears unsustainable.

FAQ

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Is Tencent Music Entertainment Group (TME) currently overvalued or undervalued?

Tencent Music Entertainment Group (TME) is now in the Fair zone, suggesting that its current forward PE ratio of 24.96 is considered Fairly compared with the five-year average of 21.47. The fair price of Tencent Music Entertainment Group (TME) is between 12.15 to 30.53 according to relative valuation methord.
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What is Tencent Music Entertainment Group (TME) fair value?

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How does TME's valuation metrics compare to the industry average?

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What is the current P/B ratio for Tencent Music Entertainment Group (TME) as of Jul 25 2025?

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What is the current FCF Yield for Tencent Music Entertainment Group (TME) as of Jul 25 2025?

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What is the current Forward P/E ratio for Tencent Music Entertainment Group (TME) as of Jul 25 2025?

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What is the current Forward P/S ratio for Tencent Music Entertainment Group (TME) as of Jul 25 2025?