NYSE:TMEEntertainment
Assessing Tencent Music Entertainment Group (NYSE:TME) Valuation After A Prolonged Share Price Decline
Recent performance snapshot
Tencent Music Entertainment Group (TME) has been under pressure, with the stock down 2.4% on the day, 1.5% over the past week, and 33.9% over the past 3 months.
Over the past year, the stock has declined 48.1%. The current share price is US$9.08 and the market value is about US$14.3b, with reported annual revenue of CN¥33,441 and net income of CN¥8,856.
See our latest analysis for Tencent Music Entertainment Group.
For context, the stock’s 1 year total shareholder...