TME

Tencent Music Entertainment Group (TME)

Last Price$14.412.1%
Market Cap$11.4B
LTM Return on Invested Capital (ROIC)
30.2%
5Y avg
20.3%
Internet Content & Information industry median
(1.7%)
Stock quality & Intrinsic value
7/10
1.2% undervalued

Tencent Music Entertainment Group Return on Invested Capital (ROIC)

Annual
Quarterly
LTM
Industry median
Company stand-alone
TME
Communication Services
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Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
Return on Invested Capital (ROIC)
0.4%
7.3%
10.1%
21.7%
22.4%
11.0%
17.0%
23.0%
TME
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Tencent Music Entertainment Group (TME) Return on Invested Capital (ROIC) comparison analysis

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TME key stats

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CNY
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FAQ

1) What is Tencent Music Entertainment Group's Return on Invested Capital (ROIC)?

As of today, Microsoft Corp's last 12-month Return on Invested Capital (ROIC) is 30.2%, based on the financial report for Sep 30, 2024 (Q3 2024). The average annual Return on Invested Capital (ROIC) for Tencent Music Entertainment Group have been 20.3% over the past three years, and 21.3% over the past five years.

2) Is Tencent Music Entertainment Group's Return on Invested Capital (ROIC) Good?

As of today, Tencent Music Entertainment Group's Return on Invested Capital (ROIC) is 30.2%, which is higher than industry median of (1.7%). It indicates that Tencent Music Entertainment Group's Return on Invested Capital (ROIC) is Good.

3) How does Tencent Music Entertainment Group's Return on Invested Capital (ROIC) compare to its peers?

As of today, Tencent Music Entertainment Group's Return on Invested Capital (ROIC) is 30.2%, which is higher than peer median of 17.6%. The list of peers includes PINS, SPOT, META, GOOG, BIDU, TWLO, DASH, Z, SNAP, RDDT.