Tencent Music Entertainment Stock Price To Earnings To Growth
| 63TA Stock | EUR 10.40 0.30 2.80% |
Tencent Music Entertainment fundamentals help investors to digest information that contributes to Tencent Music's financial success or failures. It also enables traders to predict the movement of Tencent Stock. The fundamental analysis module provides a way to measure Tencent Music's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Tencent Music stock.
Tencent |
Tencent Music Entertainment Company Price To Earnings To Growth Analysis
Tencent Music's PEG Ratio indicates the potential value of an equity instrument and is calculated by dividing Price to Earnings (P/E) ratio into earnings growth rate. Most analysts and investors prefer this measure to a Price to Earnings (P/E) ratio because it incorporates the future growth of a firm. The low PEG ratio usually implies that an equity instrument is undervalued; whereas PEG of 1 may indicate that an equity is reasonably priced under given expectations of future growth.
Current Tencent Music Price To Earnings To Growth | 1.36 X |
Most of Tencent Music's fundamental indicators, such as Price To Earnings To Growth, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tencent Music Entertainment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Generally speaking, PEG ratio is a 'quick and dirty' way to measure how the current price of a firm's stock relates to its earnings and growth rate. The main benefit of using PEG ratio is that investors can compare the relative valuations of companies within different industries without analyzing their P/E ratios.
| Competition |
Based on the latest financial disclosure, Tencent Music Entertainment has a Price To Earnings To Growth of 1.3609 times. This is much higher than that of the sector and significantly higher than that of the Price To Earnings To Growth industry. The price to earnings to growth for all Germany stocks is notably lower than that of the firm.
Tencent Price To Earnings To Growth Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Tencent Music's direct or indirect competition against its Price To Earnings To Growth to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Tencent Music could also be used in its relative valuation, which is a method of valuing Tencent Music by comparing valuation metrics of similar companies.Tencent Music is currently under evaluation in price to earnings to growth category among its peers.
Tencent Fundamentals
| Current Valuation | 10.7 B | |||
| Price To Book | 1.96 X | |||
| Price To Sales | 3.13 X | |||
| Revenue | 31.24 B | |||
| EBITDA | 4.75 B | |||
| Net Income | 3.03 B | |||
| Total Debt | 5.06 B | |||
| Cash Flow From Operations | 5.24 B | |||
| Price To Earnings To Growth | 1.36 X | |||
| Market Capitalization | 10.16 B | |||
| Total Asset | 67.25 B | |||
| Z Score | 1.2 | |||
| Net Asset | 67.25 B |
About Tencent Music Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Tencent Music Entertainment's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Tencent Music using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Tencent Music Entertainment based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Additional Information and Resources on Investing in Tencent Stock
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 Trending Equities to better understand how to build diversified portfolios, which includes a position in Tencent Music Entertainment. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in nation. You can also try the Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.