TME
Tencent Music Entertainment Group (TME)
Last Price$14.21.3%
Market Cap$22.0B
LTM NOPAT
CN¥7,107.4M
NOPAT margin
25.0%
5Y avg: 15.8%
EPV as % of EV
206.7%
Market-Implied Value of Growth, MIVoG as % of EV
(106.7%)
Discount rate
8.4%
Stock quality
7/10
Great

TME Earnings Power Value Model

(CNY M)Mar'20Jun'20Sep'20Dec'20Mar'21Jun'21Sep'21Dec'21Mar'22Jun'22Sep'22Dec'22Mar'23Jun'23Sep'23Dec'23Mar'24Jun'24Sep'24Dec'24
LTM Revenue
% growth
26,009.0
26.2%
27,043.0
22.9%
28,111.0
19.4%
29,153.0
14.6%
30,666.0
17.9%
31,742.0
17.4%
31,972.0
13.7%
31,244.0
7.2%
30,064.0
(2.0%)
28,961.0
(8.8%)
28,521.0
(10.8%)
28,339.0
(9.3%)
28,699.0
(4.5%)
29,080.0
0.4%
28,284.0
(0.8%)
27,752.0
(2.1%)
27,516.0
(4.1%)
27,390.0
(5.8%)
27,836.0
(1.6%)
28,401.0
2.3%
LTM NOPAT
% growth
3,956.6
N/A
3,971.5
0.4%
4,074.6
2.6%
4,246.3
4.2%
4,363.9
2.8%
4,315.9
(1.1%)
3,986.4
(7.6%)
3,363.7
(15.6%)
2,991.0
(11.1%)
2,992.4
0.0%
3,285.7
9.8%
3,900.5
18.7%
4,455.0
14.2%
4,889.0
9.7%
5,032.7
2.9%
5,232.1
4.0%
5,590.4
6.8%
6,009.2
7.5%
6,521.7
8.5%
7,107.4
9.0%
Discount rate
4.9%
4.9%
4.9%
5.1%
5.9%
5.6%
5.4%
5.4%
6.0%
6.7%
7.2%
7.6%
7.3%
7.2%
8.2%
7.7%
8.1%
8.3%
7.7%
8.4%
Earnings Power Value (EPV)
79,948.0
81,100.3
82,904.5
82,918.4
74,589.6
77,398.3
73,286.2
62,328.4
49,613.3
44,378.3
45,927.1
51,081.9
60,628.6
68,108.4
61,353.2
67,999.3
69,208.2
72,325.8
85,050.9
84,312.1
Enterprise Value (EV)
91,351.7
134,491.0
147,021.0
397,070.1
214,788.6
153,331.9
58,102.5
56,924.4
36,682.0
40,105.2
29,783.9
76,969.0
76,021.7
27,786.0
56,170.2
85,396.4
110,839.9
136,769.1
114,436.1
40,796.5
Market-Implied Value of Growth (MIVoG)
11,403.7
53,390.8
64,116.6
314,151.7
140,198.9
75,933.6
(15,183.7)
(5,404.0)
(12,931.3)
(4,273.1)
(16,143.1)
25,887.1
15,393.1
(40,322.4)
(5,183.0)
17,397.2
41,631.7
64,443.3
29,385.1
(43,515.6)
EPV as % of EV87.5%60.3%56.4%20.9%34.7%50.5%126.1%109.5%135.3%110.7%154.2%66.4%79.8%245.1%109.2%79.6%62.4%52.9%74.3%206.7%
MIVoG as % of EV12.5%39.7%43.6%79.1%65.3%49.5%(26.1%)(9.5%)(35.3%)(10.7%)(54.2%)33.6%20.2%(145.1%)(9.2%)20.4%37.6%47.1%25.7%(106.7%)

Best stock ideas on the market right now

With Value Sense, you can find undervalued stocks list with intrinsic value. Discover more stock market investment ideas.

TME NOPAT

Annual
Quarterly
LTM
$0.0$1,000.0M$2,000.0M$3,000.0M$4,000.0M$5,000.0MDec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
NOPAT
NOPAT margin

TME Earnings Power Value and Enterprise Value

Annual
LTM
Enterprise Value Breakdown
EPV and MIVoG as % of EV

TME vs Peer Set: Earnings Power Value comparison

Explore more intrinsic value tools hub for TME

FAQ

What is Tencent Music Entertainment Group Earnings Power Value?

As of Dec 31, 2024, Tencent Music Entertainment Group's Earnings Power Value is approximately CN¥84.3B.

What is Tencent Music Entertainment Group EV (Enterprise Value)?

As of Dec 31, 2024, Tencent Music Entertainment Group's Enterprise Value (EV) estimates at CN¥40.8B.

What is Tencent Music Entertainment Group NOPAT?

As of Dec 31, 2024, Tencent Music Entertainment Group's Net operating profit after tax (NOPAT) is approximately CN¥7,107.4M.