Is Tencent Music Entertainment Group (NYSE:TME) Trading At A 42% Discount? [Yahoo! Finance]
Tencent Music Entertainment Group American Depositary Shares, each representing two Class A Ordinary Shares (TME)
Last tencent music entertainment group american depositary shares, each representing two class a ordinary shares earnings: 3/16 04:15 pm
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Source: Yahoo! Finance
Tencent Music Entertainment Group's US$13.48 share price signals that it might be 42% undervalued The CN¥14.82 analyst price target for TME is 37% less than our estimate of fair value In this article we are going to estimate the intrinsic value of Tencent Music Entertainment Group ( NYSE:TME ) by taking the forecast future cash flows of the company and discounting them back to today's value. This will be done using the Discounted Cash Flow (DCF) model. Before you think you won't be able to understand it, just read on! It's actually much less complex than you'd imagine. We would caution that there are many ways of valuing a company and, like the DCF, each technique has advantages and disadvantages in certain scenarios. For those who are keen learners of equity analysis, the Simply Wall St analysis model here may be something of interest to you. The Method We're using the 2-stage growth model, which simply means we take in account two stages of company's growth. In the initia
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News
- Tencent Music Entertainment Group (TME) Shares Pulled Back After Strong Performance [Yahoo! Finance]Yahoo! Finance
- Key Investors Say Bet on These Stocks at Sohn Australia Conference [Yahoo! Finance Canada]Yahoo! Finance Canada
- Tencent Music Entertainment Group Third Quarter 2024 Earnings: EPS Beats Expectations [Yahoo! Finance]Yahoo! Finance
- Games Recovery Lifts China's Tencent to 47% Quarterly Profit Increase [Yahoo! Finance]Yahoo! Finance
- Tencent Music Entertainment Group (TME) Q3 2024 Earnings Call Highlights: Strong Growth in ... [Yahoo! Finance]Yahoo! Finance
TME
Earnings
- 11/12/24 - Miss
TME
Sec Filings
- 11/12/24 - Form 6-K
- 10/15/24 - Form 6-K
- TME's page on the SEC website