Tencent Music Entertainment Group
TMECommunication ServicesNASDAQInternet Content & Information · Last scanned Oct 24, 2026
Scan Results
Daily timeframeTencent Music Entertainment Group operates online music entertainment platforms that provides music streaming, online karaoke, and live streaming services in the People's Republic of China. At a $13.87B market cap, Tencent Music Entertainment Group ranks as a large-cap company within communication services. It provides QQ Music, Kugou Music, and Kuwo Music that enable users to discover, enjoy, and share music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends.
Market Cap
$13.87B
Beta
0.75
P/E (TTM)
10.38
P/E (Fwd)
8.42
EPS (TTM)
$0.82
EPS (Fwd)
$1.01
ROE
11.0%
ROA
5.6%
Cash
$30.65B
Total Debt
$16.88B
Free CF
$7.14B
52W Change
-62.8%
Annual Financials
Cash vs Debt
Where TME stands vs its 150-day and 200-day moving averages
As of the October 20, 2026 close, TME finished 2.58% below its 150-day moving average ($8.90) and 17.74% below its 200-day moving average ($10.54). This snapshot is end-of-day data shown with a five-trading-day delay on the free plan; Premium members see readings from the latest close.
Is TME overbought or oversold?
At the October 20, 2026 close, TME's RSI(14) was 77.5, in overbought territory (above 70). The MACD histogram was positive, so short-term momentum leaned bullish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
The balance sheet looks solid with $30.65B in cash comfortably exceeding the $16.88B debt load. A net cash position generally provides financial flexibility during uncertain economic periods. Annual free cash flow of $7.14B supports ongoing capital allocation decisions and provides a cushion against unexpected expenses or downturns. Return on equity stands at 11.0%, which is decent for the sector. ROE measures how effectively a company uses shareholder capital to generate profits. An ROA of 5.6% suggests reasonable efficiency in deploying the company's asset base. Revenue has been relatively flat, moving from $31.24B (2021) to $32.90B (2025).
Investors considering Tencent Music Entertainment Group should weigh the typical risks associated with TME's sector, size, and financial profile against their own risk tolerance and investment objectives. Understanding these risk dimensions helps frame what to watch going forward as conditions evolve for Tencent Music Entertainment Group and its sector.