TME
Tencent Music Entertainment Group (TME)
Last Price$14.21.3%
Market Cap$22.0B
LTM Return on Invested Capital (ROIC)
34.6%
5Y avg
21.4%
Internet Content & Information industry median
(5.7%)
Stock quality & Intrinsic value
7/10
0.1% undervalued

Tencent Music Entertainment Group Return on Invested Capital (ROIC)

Annual
Quarterly
LTM
Industry median
Company stand-alone
TME
Communication Services
Crunching data... Almost there!
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

TME key stats

USD
CNY
Millions
Billions
Annual
Quarterly
Trailing
Key stats
Income statement
Balance sheet
Cash Flow Statement
Valuation
Ratios
Per share
Per employee
Dividends & Yields
Dec'16Dec'17Dec'18Dec'19Dec'20Dec'21Dec'22Dec'23
% growth
656.9
0.0%
1,624.9
147.4%
2,873.4
76.8%
3,682.3
28.1%
4,226.8
14.8%
4,842.4
14.6%
4,218.7
(12.9%)
3,921.0
(7.1%)
Cost of Goods Sold (COGS)471.31,061.11,772.02,426.62,878.13,384.92,912.72,537.1
% margin
185.6
28.3%
563.8
34.7%
1,101.4
38.3%
1,255.7
34.1%
1,348.7
31.9%
1,457.5
30.1%
1,306.0
31.0%
1,383.9
35.3%
Operating Expenses171.6355.7601.2686.8808.51,036.4827.2527.9
Research & Development Expenses (R&D)67.6117.9141.8167.8241.7362.5384.10.0
Selling, General & Administrative Expenses (SG&A)172.9360.2601.2686.8808.51,036.4827.2709.0
15.5
2.4%
235.7
14.5%
308.6
10.7%
669.2
18.2%
682.9
16.2%
426.5
8.8%
661.4
15.7%
856.1
21.8%
Interest Income4.813.842.789.090.282.1105.8148.6
Interest Expense0.00.05.39.314.118.816.117.5
Pre-tax Income17.2236.3303.2657.3671.6562.9651.0854.1
% effective tax rate
4.4
25.4%
41.1
17.4%
25.9
8.5%
81.5
12.4%
66.1
9.8%
64.6
11.5%
79.5
12.2%
116.6
13.6%
% margin
12.4
1.9%
196.2
12.1%
277.4
9.7%
576.5
15.7%
602.4
14.3%
469.5
9.7%
547.4
13.0%
695.1
17.7%
EPS0.010.120.180.350.360.280.170.44
Diluted EPS0.010.120.180.340.360.280.170.44
% margin
49.6
7.5%
292.4
18.0%
364.3
12.7%
751.5
20.4%
805.4
19.1%
736.7
15.2%
840.8
19.9%
1,013.5
25.8%

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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 34.6%, based on the financial report for Dec 31, 2024 (Q4’2024). The average annual Return on Invested Capital (ROIC) for Tencent Music Entertainment Group have been 21.2% over the past three years, and 22.4% 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 34.6%, which is higher than industry median of (5.7%). 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 34.6%, which is higher than peer median of 17.6%. The list of peers includes PINS, SPOT, META, GOOG, BIDU, TWLO, DASH, Z, SNAP, RDDT.