Why is Tencent Music Entertainment Group ?
1
With ROE of 12.47%, it has a Expensive valuation with a 1.83 Price to Book Value
- The stock is trading at a premium compared to its peers' average historical valuations
- Over the past year, while the stock has generated a return of 47.29%, its profits have risen by 76.6% ; the PEG ratio of the company is 0.2
How much should you sell?
- All quantity irrespective of whether you are making profits or losses
(If sector exposure > 30%, please use optimiser tool to see which are the best stocks to hold in Computers - Software & Consulting)
When to re-enter? - We will constantly monitor the company and review our call based on new data
Is Tencent Music Entertainment Group for you?
High Risk, Medium Return
Absolute
Risk Adjusted
Volatility
Tencent Music Entertainment Group
53.09%
0.49
52.15%
Hang Seng Hong Kong
27.36%
1.03
25.88%
Quality key factors
Factor
Value
Sales Growth (5y)
1.74%
EBIT Growth (5y)
17.42%
EBIT to Interest (avg)
35.96
Debt to EBITDA (avg)
0
Net Debt to Equity (avg)
-0.29
Sales to Capital Employed (avg)
0.54
Tax Ratio
14.53%
Dividend Payout Ratio
29.99%
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
11.52%
ROE (avg)
8.43%
Valuation Key Factors 
Factor
Value
P/E Ratio
15
Industry P/E
Price to Book Value
1.83
EV to EBIT
16.34
EV to EBITDA
15.74
EV to Capital Employed
2.04
EV to Sales
4.61
PEG Ratio
0.19
Dividend Yield
NA
ROCE (Latest)
12.47%
ROE (Latest)
12.47%
Technical key factors
Indicator
Weekly
Monthly
MACD
Bearish
Bullish
RSI
Bullish
No Signal
Bollinger Bands
Bearish
Bullish
Moving Averages
Mildly Bullish (Daily)
KST
Bullish
Dow Theory
Mildly Bearish
No Trend
OBV
Mildly Bearish
Mildly Bearish
Technical Movement
Not enough Data to analyse Financial Trend
Not enough Data to analyse Financial Trend
Here's what is working for Tencent Music Entertainment Group
Profit Before Tax less Other Income (PBT) - Quarterly
Highest at HKD 1,454 MM.
in the last five periodsMOJO Watch
Near term PBT trend is positive
PBT less Other Income (HKD MM)
Profit After Tax (PAT) - Quarterly
Highest at HKD 1,523 MM.
in the last five periodsMOJO Watch
Near term PAT trend is positive
PAT (HKD MM)
Cash and Cash Equivalents - Half Yearly
Highest at HKD 14,971.47 MM
in the last six half yearly periodsMOJO Watch
Short Term liquidity is improving
Cash and Cash Equivalents (HKD MM)
Here's what is not working for Tencent Music Entertainment Group
Net Sales - Nine Monthly
At HKD 22,679.73 MM has Grown at -8.51 %
Year on Year (YoY)MOJO Watch
Near term sales trend is negative
Net Sales (HKD MM)
Debtors Turnover Ratio- Half Yearly
Lowest at 9.56 times
in the last five half yearly periodsMOJO Watch
Company's pace of settling its Debtors has slowed
Debtors Turnover Ratio






