As of 2025-05-23, the Intrinsic Value of Tencent Music Entertainment Group (TME) is 16.84 USD. This TME valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 16.93 USD, the upside of Tencent Music Entertainment Group is -0.50%.
The range of the Intrinsic Value is 12.26 - 28.68 USD
Based on its market price of 16.93 USD and our intrinsic valuation, Tencent Music Entertainment Group (TME) is overvalued by 0.50%.
| Range | Selected | Upside | |
| a | |||
| DCF (Growth 5y) | 12.26 - 28.68 | 16.84 | -0.5% |
| DCF (Growth 10y) | 13.61 - 29.82 | 18.17 | 7.3% |
| DCF (EBITDA 5y) | 11.02 - 12.99 | 11.91 | -29.6% |
| DCF (EBITDA 10y) | 12.48 - 15.24 | 13.73 | -18.9% |
| Fair Value | 8.24 - 8.24 | 8.24 | -51.32% |
| P/E | 7.97 - 11.83 | 9.88 | -41.6% |
| EV/EBITDA | 7.74 - 15.42 | 10.92 | -35.5% |
| EPV | 5.47 - 6.90 | 6.18 | -63.5% |
| DDM - Stable | 6.55 - 21.67 | 14.11 | -16.7% |
| DDM - Multi | 9.97 - 25.89 | 14.43 | -14.8% |
| Market Cap (mil) | 25,536.03 |
| Beta | 0.56 |
| Outstanding shares (mil) | 1,508.33 |
| Enterprise Value (mil) | 24,549.99 |
| Market risk premium | 4.60% |
| Cost of Equity | 7.53% |
| Cost of Debt | 5.00% |
| WACC | 7.43% |