Tencent Music Entertainment Group

Tightening Chinese Rules And Stiff Competition Will Restrict Future Performance

AnalystLowTarget

Not Invested

Consensus Narrative from 31 Analysts

Published

22 Jun 25

Updated

27 Aug 25

AnalystLowTarget's Fair Value

US$23.15

5.9% overvalued

27 Aug

US$24.52

134.9%

-3.3%

134.9%

-3.3%

Author's Valuation

US$23.2

5.9% overvalued

AnalystLowTarget Fair Value

Narrative

Updates0

AnalystLowTarget Fair Value

US$23.2

5.9% overvalued

Future estimation in

% p.a.

Decrease

Increase

Current revenue growth rate

11.88%

Entertainment revenue growth rate

0.46%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

Decrease

Increase

Current discount rate

9.80%

Calculation

CN¥10.14b

Earnings '28

33.13x

PE Ratio '28

CN¥335.86b

Market Cap '28

CN¥335.86b

Market Cap '28

1.48b

No. shares '28

CN¥226.60

Share Price '28

CN¥226.60 Share Price '28

Discounted to 2025 @ 9.80% p.a.

CN¥171.20

Fair Value '25

CN¥171.20 Fair Value '25

Converted to USD @ 0.1398 CNY/USD Exchange Rate

US$23.93

Fair Value '25