TickerTalks
Browse all tickers →
TickerTalks›$TME
TMTME

Tencent Music Entertainment Group

$TME·$13B·Internet Content & Information·Communication Services
$7.96-5.0%YTD-53.5%1Y-64.7%
Price updated 12m ago·X counts updated 2d ago
TMTME
$TMETencent Music Entertainment Group
$7.96-4.96%168 posts1×
AI analysisFundamentalsVoices on X
Loading…

On X

The complete picture of $TME on X — how loud the conversation is right now, how it has trended over the last two weeks, and which way the crowd is leaning.

168X posts · last 7 days
Sep 11Sep 27
Chatter Meter
1×
QuietNormal · 1×Loud

How loud $TME's conversation on X is versus its own normal — 1× is typical, higher means busier. Right now it's about its usual level, louder than 87% of tracked names.

AI verdictAI analysisGenerated by AI from underlying data

TickerTalks' own read on what's driving $TME — fundamentals, momentum, or an event — and whether it agrees with the X crowd.

Proven numbersSelling offAI verdict · as of 2026-09-28

Falling on heavy selling — points lower unless it turns around.

Tencent Music is down 64% t12m at 4% of the range — real cash flow, real $400M buyback, and the China discount keeps compounding.

Tencent Music Entertainment runs QQ Music, Kugou and Kuwo — the dominant Chinese music-streaming and social-entertainment platforms. It's down 64% year-over-year on the China risk-off, and the tape sits at 4% of the 52-week range despite real cash generation.

  • The financial base is elite for a platform: 33% operating margin, 9% ROIC, 10% free cash flow yield, and analysts see revenue moving from ~$35.3B RMB this year to $40.3B RMB by 2029 with EPS climbing from $5.84 to $7.44.
  • The valuation looks compelling on the metrics: 10x trailing PE and 2.6x sales — one of the cheaper Chinese platform names, and the $400M share repurchase program is a real capital-return commitment.
  • The insider tape is empty on transactions — no meaningful officer activity to signal directional conviction into the November 11 print.

November 11 Q3 earnings and any color on Q4 paid-subscriber growth plus social-entertainment ARPU decides the next leg — a re-affirmed FY revenue path with clean subscriber growth and buyback execution restarts the tape from these lows; another Chinese-regulatory headline or a soft subscriber print is what confirms the breakdown despite the value optics.

What to watch: November 11 Q3 earnings — Q4 paid-subscriber growth, social-entertainment ARPU trajectory, and buyback execution pace; a re-affirmed FY with clean subscriber growth restarts the tape, another Chinese-regulatory headline or soft subscriber print confirms the breakdown.

On the calendar: 2026-11-11 — Q3 earnings

sentiment missing

Read the AI verdict on $TME

  • One-line verdict on what's driving the move — fundamentals, momentum, both, or an event
  • Next dated catalyst when there is one (earnings, deal closing, activist clock)
  • Whether TickerTalks' read agrees with or diverges from the X crowd
Free, forever. No credit card.

What it does

Plain-English summary of the business — what they sell and how they make money.

China's dominant online music platform operating QQ Music, Kugou, and Kuwo with combined 900M+ monthly users.

Industry overviewAI analysisGenerated by AI from underlying data

Where Internet Content & Information sits in its cycle right now — and what that implies for $TME.

Internet Content & Information · Communication Services

No material change from last week — AI-enhanced ad targeting continues to concentrate digital ad share in Google and Meta.

What this means for $TME

Neutral — China's dominant online music platform operating QQ Music, Kugou, and Kuwo with combined 900M+ monthly users.

Top industry ETF

$FDNFirst Trust Dow Jones Internet Index Fund
+5.6%YTD
+0.8%1Y

Fundamentals & catalyst

Profitability, valuation, and the next earnings event — at a glance, with rule-of-thumb signals.

Key ratios

P/E
10.0How much investors are paying per dollar of profit the company actually earned in the last 12 months. Lower means the stock looks cheaper relative to earnings.~15–25 is typical for the S&P 500; high-growth names trade 30+; hyper-growth or speculative can be 100+ or negative.
ROIC
9.2%What percentage return the business earns on every dollar of capital (equity + debt) deployed in operations. The cleanest measure of business quality.Above ~15% is high-quality; consistently above 25% suggests a real moat. Below the company's cost of capital is value-destroying.
Op margin
33.1%Operating profit (after sales, marketing, R&D, and overhead but before interest and taxes) as a percentage of revenue. The clearest view of how well the underlying business is run.Mature business above 20% is healthy; software businesses can run 30%+; commodity / retail businesses operate in single digits.
FCF yield
10.0%Free cash flow (operating cash flow minus capex) divided by the company's market cap. The cash-on-cash return you'd get owning the whole business at today's price.Above ~5% is attractive; below ~2% means you're paying up for growth. Capital-light businesses (software) run higher than capital-heavy ones (utilities).
P/S
2.6Same idea as P/E but per dollar of revenue. Useful for companies that aren't profitable yet, where P/E is meaningless.Under ~2 is cheap; software / SaaS often runs 8–15; well above 20 implies the market is pricing in very high future growth.
ROE
11.2%Net income as a percentage of shareholders' equity. Similar to ROIC but counts only the equity side.Above 20% is strong, but can be inflated by leverage — a heavily indebted company can show high ROE with weak underlying ROIC.
Gross margin
47.3%Revenue minus the direct cost of producing what was sold, as a percentage of revenue. The first read on whether the product is structurally profitable.Software / SaaS is typically 70%+; consumer goods 30–50%; commodity / hardware businesses can be under 20%.
D/E
0.2Total debt divided by shareholders' equity. Measures how much the business runs on borrowed money versus owner capital.Under 1 is conservative; 1–2 is typical for mature businesses; over 2 is leveraged and more sensitive to interest rates.

Past earnings

QuarterReportedActualEstimateSurprise
Q2 2026Aug 11, 2026$0.25$0.24+4.2%
Q1 2026May 12, 2026$0.21$0.210.0%
Q4 2025Mar 17, 2026$0.17$0.23-24.2%
Q3 2025Nov 12, 2025$0.22$0.21+4.8%
Next earningsWed, Nov 11·consensus EPS $0.22

Quarterly trend

QuarterRevenueYoYGrossOpEPSFCF
Q2 FY26$8.9B+5.8%44.2%34.0%$1.58$2.9B
Q1 FY26$7.8B+6.7%44.9%29.6%$1.36$2.3B
Q4 FY25$7.7B+3.8%97.7%33.8%$1.22$0
Q3 FY25$8.5B+20.6%43.5%32.0%$1.40$3.7B

Forward consensus

4-year forecast · up to 21 analysts
FYRevenueRangeEPSRangeAnalysts
FY26$35.3B$34.1B – $35.7B$5.84$5.72 – $6.0319
FY27$38.1B$35.9B – $39.0B$6.29$6.04 – $6.5520
FY28$40.7B$38.5B – $45.9B$6.95$6.14 – $9.3221
FY29$40.3B$39.2B – $43.1B$7.44$7.17 – $8.1010

Setup & momentum

Volume, range, and moving-average position — the technical setup driving short-term moves.

Right now

Vol vs 30dToday's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.0.6×Today's traded share volume divided by the average over the prior 30 trading days. ≥3× signals unusual interest; below 1× is quiet.
52w rangeWhere the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.4%Where the latest close sits between the 52-week low (0%) and high (100%). Above 80% is extended; below 30% is basing or in a downtrend.
vs 50d MALatest close vs the 50-day simple moving average. Positive = short-term trend is up.-3.7%Latest close vs the 50-day simple moving average. Positive = short-term trend is up.
vs 200d MALatest close vs the 200-day simple moving average. Positive = long-term trend is up.-26.4%Latest close vs the 200-day simple moving average. Positive = long-term trend is up.

Float & profile

FloatMega float · 1.1B shFree-float shares — the slice of issued stock actually available to trade. Lower buckets squeeze harder on a catalyst.Traded today0.5% of floatToday's volume as a percent of the free float. Above 5% on a single day is unusually high turnover for the available share count.β0.825-year weekly beta vs the S&P 500. Above 1.5 means the stock typically moves more than the index; below 0.8 moves less.

SEC filings

Material 8-K, 13D, S-3, and 424B5 events from the last 180 days — the filings that actually move the price.

No material 8-K / SC 13D / S-3 / 424B5 filings in the last 180 days.

+ 20 other (16 6-Ks · 1 F-3ASR · 1 13G · 1 D) in window

Recent news

Latest headlines from major outlets, sourced and timestamped — context for whatever just moved.

Tencent Music: The Market Is Pricing In Too Much Weaknessseekingalpha.com·14d agoTencent Music's 2026 Outlook: $400 Million Share Repurchase Program Reflects Financial Disciplinefool.com·14d agoIvonescimab Monotherapy Demonstrates a Statistically Significant & Clinically Meaningful Benefit Compared to Pembrolizumab Monotherapy in PD-L1-Positive Advanced NSCLC in Akeso's HARMONi-2 Study Condugurufocus.com·17d agoTencent Music Entertainment Group Announces Closing of US$1,000 Million Notes Offeringprnewswire.com·19d agoBIGBANG 2026-2027 WORLD TOUR < XX: COSMOS > IN HONG KONG Officially Announcedgurufocus.com·22d ago

More in Internet Content & Information

Peers in the same group — one click to compare setups, fundamentals, and chatter.

$META$GOOGL$GOOG$DASH$SNAP$RDDT$DJT$MOMO
Voices on X · last 7 days

No standout posts about $TME on X in the last 7 days.

TickerTalks is a research tool, not financial advice. We surface social-attention data; we do not make stock recommendations. Past attention is not predictive of future price movements.

PrivacyTermsSupport