Tencent Music Entertainment Group Future Growth
Future criteria checks 3/6
Tencent Music Entertainment Group is forecast to grow earnings and revenue by 13.3% and 7.8% per annum respectively. EPS is expected to grow by 15.6% per annum. Return on equity is forecast to be 11.9% in 3 years.
Key information
13.3%
Earnings growth rate
15.6%
EPS growth rate
Entertainment earnings growth | 31.2% |
Revenue growth rate | 7.8% |
Future return on equity | 11.9% |
Analyst coverage | Good |
Last updated | 03 May 2024 |
Recent future growth updates
Recent updates
Earnings and Revenue Growth Forecasts
Date | Revenue | Earnings | Free Cash Flow | Cash from Op | Avg. No. Analysts |
---|---|---|---|---|---|
12/31/2026 | 35,074 | 7,990 | 8,474 | 9,723 | 18 |
12/31/2025 | 31,846 | 6,880 | 6,970 | 8,304 | 29 |
12/31/2024 | 28,608 | 5,916 | 5,935 | 7,011 | 30 |
12/31/2023 | 27,752 | 4,920 | 6,173 | 7,337 | N/A |
9/30/2023 | 28,284 | 4,765 | 6,801 | 7,854 | N/A |
6/30/2023 | 29,080 | 4,658 | 6,612 | 7,665 | N/A |
3/31/2023 | 28,699 | 4,216 | 5,786 | 6,839 | N/A |
12/31/2022 | 28,339 | 3,677 | 6,428 | 7,481 | N/A |
9/30/2022 | 28,521 | 3,062 | 3,051 | 5,809 | N/A |
6/30/2022 | 28,961 | 2,741 | 3,394 | 6,152 | N/A |
3/31/2022 | 30,064 | 2,712 | 3,097 | 5,855 | N/A |
12/31/2021 | 31,244 | 3,029 | 2,481 | 5,239 | N/A |
9/30/2021 | 31,972 | 3,690 | 5,780 | 6,281 | N/A |
6/30/2021 | 31,742 | 4,082 | 4,701 | 5,202 | N/A |
3/31/2021 | 30,666 | 4,194 | 5,196 | 5,697 | N/A |
12/31/2020 | 29,153 | 4,155 | 4,384 | 4,885 | N/A |
9/30/2020 | 28,111 | 4,000 | 4,768 | 5,054 | N/A |
6/30/2020 | 27,043 | 3,894 | 5,380 | 5,890 | N/A |
3/31/2020 | 26,009 | 3,882 | 6,054 | 6,340 | N/A |
12/31/2019 | 25,434 | 3,982 | 5,914 | 6,200 | N/A |
9/30/2019 | 23,538 | 2,064 | 5,955 | 6,099 | N/A |
6/30/2019 | 22,000 | 2,002 | 6,218 | 6,391 | N/A |
3/31/2019 | 20,605 | 1,979 | 6,340 | 6,484 | N/A |
12/31/2018 | 18,985 | 1,833 | 5,488 | 5,632 | N/A |
9/30/2018 | 17,174 | 3,245 | 3,420 | 3,447 | N/A |
6/30/2018 | 15,115 | 2,675 | 2,527 | 2,626 | N/A |
3/31/2018 | 12,855 | 1,969 | 1,545 | 1,609 | N/A |
12/31/2017 | 10,981 | 1,326 | 2,423 | 2,500 | N/A |
9/30/2017 | 8,614 | 904 | N/A | 3,050 | N/A |
6/30/2017 | 6,923 | 623 | N/A | 2,524 | N/A |
3/31/2017 | 5,642 | 353 | N/A | 1,699 | N/A |
12/31/2016 | 4,361 | 82 | N/A | 873 | N/A |
Analyst Future Growth Forecasts
Earnings vs Savings Rate: 0A2Z's forecast earnings growth (13.3% per year) is above the savings rate (1.8%).
Earnings vs Market: 0A2Z's earnings (13.3% per year) are forecast to grow faster than the UK market (12.5% per year).
High Growth Earnings: 0A2Z's earnings are forecast to grow, but not significantly.
Revenue vs Market: 0A2Z's revenue (7.8% per year) is forecast to grow faster than the UK market (3.4% per year).
High Growth Revenue: 0A2Z's revenue (7.8% per year) is forecast to grow slower than 20% per year.
Earnings per Share Growth Forecasts
Future Return on Equity
Future ROE: 0A2Z's Return on Equity is forecast to be low in 3 years time (11.9%).