Tencent Music Entertainment Group
TMECommunication ServicesNASDAQInternet Content & Information
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. Valued at $13.46B, TME is a large-cap name in its sector. 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
$13.46B
Beta
0.82
P/E (TTM)
9.72
P/E (Fwd)
8.21
EPS (TTM)
$0.85
EPS (Fwd)
$1.01
ROE
11.0%
ROA
5.6%
Cash
$30.65B
Total Debt
$16.88B
Free CF
$7.14B
52W Change
-67.3%
Annual Financials
Cash vs Debt
Where TME stands vs its 150-day and 200-day moving averages
As of the August 31, 2026 close, TME finished 18.32% below its 150-day moving average ($10.48) and 29.95% below its 200-day moving average ($12.22). 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 August 31, 2026 close, TME's RSI(14) was 26.9, in oversold territory (below 30). The MACD histogram was negative, so short-term momentum leaned bearish at that close. These readings are historical, refresh daily after market close, and are not investment advice.
With $30.65B in cash and $16.88B in debt, TME maintains more liquidity than leverage. This favorable balance sheet position can be an asset when capital markets become less accommodating. Free cash flow comes in at $7.14B, providing flexibility for reinvestment, buybacks, or dividends. Consistent free cash flow generation is often considered a sign of operational health. ROE of 11.0% points to decent capital efficiency, indicating how much profit the company produces per dollar of shareholder equity. 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.