TME

Tencent Music Entertainment Group (TME)

Last Price$14.412.1%
Market Cap$11.4B
LTM Gross margin
41.0%
5Y avg
33.1%
Internet Content & Information industry median
54.3%
Stock quality & Intrinsic value
7/10
1.2% undervalued

Tencent Music Entertainment Group Gross margin

Annual
Quarterly
LTM
Industry median
Company stand-alone
TME
Communication Services
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Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Gross margin
28.3%
34.7%
38.3%
34.1%
31.9%
30.1%
31.0%
35.3%
TME
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Tencent Music Entertainment Group (TME) Gross margin comparison analysis

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TME key stats

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FAQ

1) What is Tencent Music Entertainment Group's Gross margin?

As of today, Microsoft Corp's last 12-month Gross margin is 41.0%, based on the financial report for Sep 30, 2024 (Q3 2024). The average annual Gross margin for Tencent Music Entertainment Group have been 33.1% over the past three years, and 34.7% over the past five years.

2) Is Tencent Music Entertainment Group's Gross margin Good?

As of today, Tencent Music Entertainment Group's Gross margin is 41.0%, which is lower than industry median of 54.3%. It indicates that Tencent Music Entertainment Group's Gross margin is Bad.

3) How does Tencent Music Entertainment Group's Gross margin compare to its peers?

As of today, Tencent Music Entertainment Group's Gross margin is 41.0%, which is lower than peer median of 55.4%. The list of peers includes RDDT, META, PINS, Z, GOOG, SNAP, TWLO, BIDU, DASH, SPOT.