Tencent Price Cash Flow Ratio from 2010 to 2024

TME Stock  USD 11.51  0.44  3.97%   
Tencent Music's Price Cash Flow Ratio is decreasing over the years with slightly volatile fluctuation. Price Cash Flow Ratio is expected to dwindle to 13.14. During the period from 2010 to 2024 Tencent Music Price Cash Flow Ratio annual values regression line had geometric mean of  57.71 and mean square error of  1,366. View All Fundamentals
 
Price Cash Flow Ratio  
First Reported
2010-12-31
Previous Quarter
13.83256896
Current Value
13.14
Quarterly Volatility
81.33882684
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Tencent Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tencent Music's main balance sheet or income statement drivers, such as Tax Provision of 450 M, Net Interest Income of 470.7 M or Interest Income of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.47, Dividend Yield of 5.0E-4 or PTB Ratio of 1.72. Tencent financial statements analysis is a perfect complement when working with Tencent Music Valuation or Volatility modules.
  
Check out the analysis of Tencent Music Correlation against competitors.

Latest Tencent Music's Price Cash Flow Ratio Growth Pattern

Below is the plot of the Price Cash Flow Ratio of Tencent Music Entertainment over the last few years. It is Tencent Music's Price Cash Flow Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Tencent Music's overall financial position and show how it may be relating to other accounts over time.
Price Cash Flow Ratio10 Years Trend
Slightly volatile
   Price Cash Flow Ratio   
       Timeline  

Tencent Price Cash Flow Ratio Regression Statistics

Arithmetic Mean97.84
Geometric Mean57.71
Coefficient Of Variation83.14
Mean Deviation77.54
Median59.20
Standard Deviation81.34
Sample Variance6,616
Range169
R-Value(0.90)
Mean Square Error1,366
R-Squared0.81
Slope(16.35)
Total Sum of Squares92,624

Tencent Price Cash Flow Ratio History

2024 13.14
2023 13.83
2022 12.23
2021 13.79
2020 42.58
2019 21.57
2018 24.82

About Tencent Music Financial Statements

Tencent Music stakeholders use historical fundamental indicators, such as Tencent Music's Price Cash Flow Ratio, to determine how well the company is positioned to perform in the future. Although Tencent Music investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tencent Music's assets and liabilities are reflected in the revenues and expenses on Tencent Music's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tencent Music Entertainment. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Price Cash Flow Ratio 13.83  13.14 

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Tencent Music Entert is a strong investment it is important to analyze Tencent Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tencent Music's future performance. For an informed investment choice regarding Tencent Stock, refer to the following important reports:
Check out the analysis of Tencent Music Correlation against competitors.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.
Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.351
Earnings Share
0.49
Revenue Per Share
18.009
Quarterly Revenue Growth
0.068
Return On Assets
0.0543
The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Tencent Music's value and its price as these two are different measures arrived at by different means. Investors typically determine if Tencent Music is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Tencent Music's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.