Free Trial

Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$11.78 +0.48 (+4.25%)
(As of 12/17/2024 ET)

TME vs. CHT, WBD, TEF, VOD, TU, FOXA, FWONK, FOX, RCI, and PARAA

Should you be buying Tencent Music Entertainment Group stock or one of its competitors? The main competitors of Tencent Music Entertainment Group include Chunghwa Telecom (CHT), Warner Bros. Discovery (WBD), Telefónica (TEF), Vodafone Group Public (VOD), TELUS (TU), FOX (FOXA), Formula One Group (FWONK), FOX (FOX), Rogers Communications (RCI), and Paramount Global (PARAA). These companies are all part of the "communication" industry.

Tencent Music Entertainment Group vs.

Chunghwa Telecom (NYSE:CHT) and Tencent Music Entertainment Group (NYSE:TME) are both large-cap utilities companies, but which is the better investment? We will compare the two companies based on the strength of their analyst recommendations, valuation, profitability, media sentiment, dividends, earnings, institutional ownership, community ranking and risk.

Chunghwa Telecom has higher revenue and earnings than Tencent Music Entertainment Group. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than Chunghwa Telecom, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Chunghwa Telecom$225.21B0.13$1.21B$1.4625.94
Tencent Music Entertainment Group$27.39B0.74$695.20M$0.5421.81

2.1% of Chunghwa Telecom shares are held by institutional investors. Comparatively, 24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 1.0% of Chunghwa Telecom shares are held by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Tencent Music Entertainment Group has a consensus target price of $13.28, suggesting a potential upside of 12.76%. Given Tencent Music Entertainment Group's stronger consensus rating and higher probable upside, analysts plainly believe Tencent Music Entertainment Group is more favorable than Chunghwa Telecom.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Chunghwa Telecom
0 Sell rating(s)
1 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
2.00
Tencent Music Entertainment Group
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.71

Tencent Music Entertainment Group has a net margin of 21.53% compared to Chunghwa Telecom's net margin of 16.09%. Tencent Music Entertainment Group's return on equity of 10.67% beat Chunghwa Telecom's return on equity.

Company Net Margins Return on Equity Return on Assets
Chunghwa Telecom16.09% 9.25% 6.88%
Tencent Music Entertainment Group 21.53%10.67%8.14%

Chunghwa Telecom pays an annual dividend of $1.13 per share and has a dividend yield of 3.0%. Tencent Music Entertainment Group pays an annual dividend of $0.13 per share and has a dividend yield of 1.1%. Chunghwa Telecom pays out 77.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Tencent Music Entertainment Group pays out 24.1% of its earnings in the form of a dividend.

In the previous week, Tencent Music Entertainment Group had 4 more articles in the media than Chunghwa Telecom. MarketBeat recorded 7 mentions for Tencent Music Entertainment Group and 3 mentions for Chunghwa Telecom. Tencent Music Entertainment Group's average media sentiment score of 1.21 beat Chunghwa Telecom's score of 0.48 indicating that Tencent Music Entertainment Group is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Chunghwa Telecom
1 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Tencent Music Entertainment Group
5 Very Positive mention(s)
2 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Chunghwa Telecom received 159 more outperform votes than Tencent Music Entertainment Group when rated by MarketBeat users. Likewise, 63.35% of users gave Chunghwa Telecom an outperform vote while only 57.89% of users gave Tencent Music Entertainment Group an outperform vote.

CompanyUnderperformOutperform
Chunghwa TelecomOutperform Votes
280
63.35%
Underperform Votes
162
36.65%
Tencent Music Entertainment GroupOutperform Votes
121
57.89%
Underperform Votes
88
42.11%

Chunghwa Telecom has a beta of 0.19, suggesting that its share price is 81% less volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 0.68, suggesting that its share price is 32% less volatile than the S&P 500.

Summary

Tencent Music Entertainment Group beats Chunghwa Telecom on 12 of the 20 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding {thisCompany.Symbol} and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
Skip Chart

Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
Skip Chart

TME vs. The Competition

MetricTencent Music Entertainment GroupRadio broadcasting stations IndustryComputer SectorNYSE Exchange
Market Cap$20.22B$9.46B$25.19B$19.67B
Dividend Yield1.10%5.39%2.70%3.51%
P/E Ratio21.8129.13269.4743.80
Price / Sales0.740.722,923.6217.65
Price / Cash23.153.3034.5121.73
Price / Book2.506.057.905.46
Net Income$695.20M-$57.38M$666.57M$987.68M
7 Day PerformanceN/A-0.65%-0.18%-2.32%
1 Month Performance2.52%-4.97%10.06%0.63%
1 Year Performance34.63%-23.68%25.53%16.39%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
4.3598 of 5 stars
$11.78
+4.2%
$13.28
+12.8%
+32.7%$20.22B$27.39B21.815,185Positive News
Gap Down
CHT
Chunghwa Telecom
1.5648 of 5 stars
$38.15
-0.1%
N/A+1.0%$29.59B$225.21B26.1332,383
WBD
Warner Bros. Discovery
2.7401 of 5 stars
$11.75
-2.7%
$11.33
-3.5%
-7.4%$28.82B$39.58B-2.6435,300Insider Trade
TEF
Telefónica
1.1073 of 5 stars
$4.40
-0.5%
N/A+11.0%$24.95B$43.99B-17.00104,142
VOD
Vodafone Group Public
4.3467 of 5 stars
$8.58
-1.3%
N/A+5.6%$22.12B$39.85B0.0093,000Options Volume
TU
TELUS
3.2514 of 5 stars
$14.55
flat
$26.00
+78.7%
-21.6%$21.83B$14.90B30.96106,400Analyst Forecast
FOXA
FOX
2.8944 of 5 stars
$47.20
+0.3%
$44.00
-6.8%
+64.8%$21.56B$13.98B11.5110,200Analyst Downgrade
Positive News
FWONK
Formula One Group
0.8654 of 5 stars
$95.83
+0.8%
$88.25
-7.9%
+47.4%$21.30B$3.22B82.696,800Short Interest ↑
FOX
FOX
3.4527 of 5 stars
$44.82
+0.2%
N/A+68.1%$20.47B$13.98B10.9310,200
RCI
Rogers Communications
4.824 of 5 stars
$32.54
-2.5%
$61.75
+89.8%
-29.4%$17.39B$20.46B15.9726,000Analyst Forecast
Analyst Revision
PARAA
Paramount Global
1.4854 of 5 stars
$22.65
-1.3%
N/A+1.5%$15.11B$29.65B-2.8024,500News Coverage
Positive News

Related Companies and Tools


This page (NYSE:TME) was last updated on 12/18/2024 by MarketBeat.com Staff
From Our Partners