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Tencent Music Entertainment Group (TME) Competitors

Tencent Music Entertainment Group logo
$11.07 +0.26 (+2.41%)
(As of 11/15/2024 ET)

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

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

Tencent Music Entertainment Group vs.

Orange (NYSE:ORAN) and Tencent Music Entertainment Group (NYSE:TME) are both large-cap computer and technology companies, but which is the superior investment? We will contrast the two companies based on the strength of their dividends, analyst recommendations, profitability, valuation, media sentiment, community ranking, risk, institutional ownership and earnings.

Orange received 187 more outperform votes than Tencent Music Entertainment Group when rated by MarketBeat users. Likewise, 60.16% of users gave Orange an outperform vote while only 57.89% of users gave Tencent Music Entertainment Group an outperform vote.

CompanyUnderperformOutperform
OrangeOutperform Votes
308
60.16%
Underperform Votes
204
39.84%
Tencent Music Entertainment GroupOutperform Votes
121
57.89%
Underperform Votes
88
42.11%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Orange$44.61B0.00$2.64B$1.28N/A
Tencent Music Entertainment Group$3.91B4.86$695.20M$0.5420.50

Orange has a beta of 0.22, indicating that its share price is 78% less volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 0.67, indicating that its share price is 33% less volatile than the S&P 500.

In the previous week, Orange had 6 more articles in the media than Tencent Music Entertainment Group. MarketBeat recorded 25 mentions for Orange and 19 mentions for Tencent Music Entertainment Group. Tencent Music Entertainment Group's average media sentiment score of 0.80 beat Orange's score of -0.25 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
Orange
0 Very Positive mention(s)
1 Positive mention(s)
18 Neutral mention(s)
3 Negative mention(s)
3 Very Negative mention(s)
Neutral
Tencent Music Entertainment Group
7 Very Positive mention(s)
7 Positive mention(s)
1 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive

Tencent Music Entertainment Group has a consensus target price of $13.28, indicating a potential upside of 19.99%. Given Tencent Music Entertainment Group's higher probable upside, analysts clearly believe Tencent Music Entertainment Group is more favorable than Orange.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Orange
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
1 Strong Buy rating(s)
3.33
Tencent Music Entertainment Group
0 Sell rating(s)
4 Hold rating(s)
10 Buy rating(s)
0 Strong Buy rating(s)
2.71

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

Orange pays an annual dividend of $0.71 per share. Tencent Music Entertainment Group pays an annual dividend of $0.13 per share and has a dividend yield of 1.2%. Orange pays out 55.5% of its earnings in the form of a dividend. Tencent Music Entertainment Group pays out 24.1% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years. Tencent Music Entertainment Group is clearly the better dividend stock, given its higher yield and lower payout ratio.

Tencent Music Entertainment Group has a net margin of 21.53% compared to Orange's net margin of 0.00%. Tencent Music Entertainment Group's return on equity of 10.67% beat Orange's return on equity.

Company Net Margins Return on Equity Return on Assets
OrangeN/A N/A N/A
Tencent Music Entertainment Group 21.53%10.67%8.14%

Summary

Tencent Music Entertainment Group beats Orange on 11 of the 19 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.
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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.
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TME vs. The Competition

MetricTencent Music Entertainment GroupRadio broadcasting stations IndustryComputer SectorNYSE Exchange
Market Cap$19.00B$8.56B$24.32B$19.81B
Dividend Yield1.25%5.41%2.78%3.50%
P/E Ratio20.5033.51261.7341.76
Price / Sales4.860.983,366.3420.47
Price / Cash20.623.0935.2921.65
Price / Book2.353.756.814.66
Net Income$695.20M-$57.38M$674.97M$983.45M
7 Day Performance-2.81%-4.18%-2.20%-2.12%
1 Month Performance-8.70%-8.33%-0.11%-0.47%
1 Year Performance30.54%-18.62%17.86%24.69%

Tencent Music Entertainment Group Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TME
Tencent Music Entertainment Group
4.3252 of 5 stars
$11.07
+2.4%
$13.28
+20.0%
+30.5%$19.00B$3.91B20.505,185Gap Down
ORAN
Orange
N/A$11.15
+0.4%
N/AN/A$29.63B$44.61B8.71137,094Analyst Forecast
High Trading Volume
CHT
Chunghwa Telecom
1.2311 of 5 stars
$37.96
+0.2%
N/A+2.4%$29.45B$7.17B26.0032,383Short Interest ↑
TEF
Telefónica
0.7082 of 5 stars
$4.37
-2.0%
N/A+10.3%$24.78B$43.99B-16.81104,142News Coverage
VOD
Vodafone Group Public
4.7887 of 5 stars
$9.32
+0.1%
N/A-4.4%$24.37B$36.72B0.0093,000Dividend Cut
Options Volume
News Coverage
TU
TELUS
3.1718 of 5 stars
$15.76
+0.6%
N/A-14.1%$23.51B$19.91B33.52106,400Earnings Report
Dividend Increase
Analyst Revision
News Coverage
WBD
Warner Bros. Discovery
3.4369 of 5 stars
$9.33
+1.6%
N/A-10.7%$22.88B$39.58B-2.0435,300Analyst Revision
FOXA
FOX
3.2961 of 5 stars
$45.79
+2.7%
N/A+51.7%$21.07B$13.98B11.2010,200Analyst Upgrade
Short Interest ↓
FOX
FOX
3.2277 of 5 stars
$42.50
+2.3%
N/A+52.3%$19.56B$13.98B10.3910,200Short Interest ↑
RCI
Rogers Communications
4.8207 of 5 stars
$35.84
-1.3%
N/A-15.3%$19.10B$14.18B17.4826,000Analyst Revision
FWONK
Formula One Group
1.4854 of 5 stars
$81.41
0.0%
N/A+28.6%$17.08B$3.22B76.806,800Earnings Report
Positive News

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This page (NYSE:TME) was last updated on 11/17/2024 by MarketBeat.com Staff
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