Tencent Music Entertainment Stock Probability Of Bankruptcy

TME Stock

USD 14.18 0.18 1.29%

Tencent Music's odds of distress is less than 5% at the present time. It is unlikely to undergo any financial crunch in the next 24 months. Tencent Music's Probability of distress is determined by interpolating and adjusting Tencent Altman Z Score to account for off-balance-sheet items and missing or unfiled public information. All items used in analyzing the odds of distress are taken from the Tencent balance sheet, as well as cash flow and income statements available from the company's most recent filings. Check out Tencent Music Piotroski F Score and Tencent Music Altman Z Score analysis.

The current year's Market Cap is expected to grow to about 289.1 B. The current year's Enterprise Value is expected to grow to about 280.7 B

Tencent Music Entertainment Company probability of distress Analysis

Tencent Music's Probability Of Bankruptcy is a relative measure of the likelihood of financial distress. For stocks, the Probability Of Bankruptcy is the normalized value of Z-Score. For funds and ETFs, it is derived from a multi-factor model developed by Macroaxis. The score is used to predict the probability of a firm or a fund experiencing financial distress within the next 24 months. Unlike Z-Score, Probability Of Bankruptcy is the value between 0 and 100, indicating the firm's actual probability it will be financially distressed in the next 2 fiscal years.

Probability Of Bankruptcy

Normalized

Z-Score

More About Probability Of Bankruptcy | All Equity Analysis

Current Tencent Music Probability Of Bankruptcy

Less than 5%

Most of Tencent Music's fundamental indicators, such as Probability Of Bankruptcy, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Tencent Music Entertainment is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Our calculation of Tencent Music probability of bankruptcy is based on Altman Z-Score and Piotroski F-Score, but not limited to these measures. To be applied to a broader range of industries and markets, we use several other techniques to enhance the accuracy of predicting Tencent Music odds of financial distress. These include financial statement analysis, different types of price predictions, earning estimates, analysis consensus, and basic intrinsic valuation. Please use the options below to get a better understanding of different measures that drive the calculation of Tencent Music Entertainment financial health.

Is Movies & Entertainment space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Tencent Music. If investors know Tencent will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Tencent Music listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

0.53

Dividend Share

1.314

Earnings Share

0.58

Revenue Per Share

18.417

Quarterly Revenue Growth

0.082

The market value of Tencent Music Entert is measured differently than its book value, which is the value of Tencent that is recorded on the company's balance sheet. Investors also form their own opinion of Tencent Music's value that differs from its market value or its book value, called intrinsic value, which is Tencent Music's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Tencent Music's market value can be influenced by many factors that don't directly affect Tencent Music's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

	Total Assets	Total Stockholder Equity	Net Tangible Assets	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Good Will	Short Term Investments	Capital Surpluse	Total Liab	Long Term Investments	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Property Plant Equipment	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		1.0	0.94	0.96	-0.37	0.99	0.86	0.97	0.94	0.94	0.97	0.99	0.94	0.97	0.11	0.78	-0.42	0.78	1.0	0.94	-0.42
Total Stockholder Equity	1.0		0.95	0.96	-0.43	0.97	0.86	0.97	0.93	0.92	0.98	0.97	0.93	0.98	0.15	0.73	-0.44	0.76	0.99	0.95	-0.44
Net Tangible Assets	0.94	0.95		0.85	-0.47	0.88	0.72	0.94	0.84	0.92	0.96	0.91	0.84	0.98	0.2	0.58	-0.3	0.58	0.93	0.98	-0.3
Current Deferred Revenue	0.96	0.96	0.85		-0.45	0.96	0.82	0.9	0.91	0.82	0.94	0.93	0.89	0.92	0.21	0.78	-0.39	0.81	0.95	0.86	-0.39
Net Debt	-0.37	-0.43	-0.47	-0.45		-0.25	-0.3	-0.26	-0.29	-0.13	-0.53	-0.24	-0.26	-0.5	-0.57	0.09	0.28	-0.22	-0.33	-0.55	0.28
Retained Earnings	0.99	0.97	0.88	0.96	-0.25		0.85	0.97	0.94	0.93	0.93	0.99	0.94	0.93	0.02	0.84	-0.4	0.79	0.99	0.88	-0.4
Accounts Payable	0.86	0.86	0.72	0.82	-0.3	0.85		0.82	0.91	0.77	0.8	0.84	0.95	0.79	0.0	0.74	-0.81	0.92	0.86	0.76	-0.81
Net Receivables	0.97	0.97	0.94	0.9	-0.26	0.97	0.82		0.93	0.96	0.94	0.97	0.92	0.95	0.06	0.78	-0.38	0.69	0.97	0.91	-0.38
Good Will	0.94	0.93	0.84	0.91	-0.29	0.94	0.91	0.93		0.86	0.91	0.95	0.96	0.89	0.12	0.88	-0.54	0.88	0.93	0.83	-0.54
Short Term Investments	0.94	0.92	0.92	0.82	-0.13	0.93	0.77	0.96	0.86		0.88	0.95	0.88	0.92	-0.12	0.74	-0.33	0.65	0.95	0.89	-0.33
Capital Surpluse	0.97	0.98	0.96	0.94	-0.53	0.93	0.8	0.94	0.91	0.88		0.94	0.88	0.99	0.28	0.69	-0.39	0.7	0.95	0.96	-0.39
Total Liab	0.99	0.97	0.91	0.93	-0.24	0.99	0.84	0.97	0.95	0.95	0.94		0.94	0.94	0.05	0.85	-0.38	0.8	0.99	0.9	-0.38
Long Term Investments	0.94	0.93	0.84	0.89	-0.26	0.94	0.95	0.92	0.96	0.88	0.88	0.94		0.89	0.05	0.79	-0.64	0.87	0.94	0.85	-0.64
Total Current Assets	0.97	0.98	0.98	0.92	-0.5	0.93	0.79	0.95	0.89	0.92	0.99	0.94	0.89		0.17	0.65	-0.37	0.68	0.97	0.99	-0.37
Short Term Debt	0.11	0.15	0.2	0.21	-0.57	0.02	0.0	0.06	0.12	-0.12	0.28	0.05	0.05	0.17		-0.08	0.02	0.0	0.05	0.17	0.02
Intangible Assets	0.78	0.73	0.58	0.78	0.09	0.84	0.74	0.78	0.88	0.74	0.69	0.85	0.79	0.65	-0.08		-0.32	0.82	0.78	0.56	-0.32
Common Stock	-0.42	-0.44	-0.3	-0.39	0.28	-0.4	-0.81	-0.38	-0.54	-0.33	-0.39	-0.38	-0.64	-0.37	0.02	-0.32		-0.69	-0.43	-0.37	1.0
Property Plant Equipment	0.78	0.76	0.58	0.81	-0.22	0.79	0.92	0.69	0.88	0.65	0.7	0.8	0.87	0.68	0.0	0.82	-0.69		0.78	0.62	-0.69
Net Invested Capital	1.0	0.99	0.93	0.95	-0.33	0.99	0.86	0.97	0.93	0.95	0.95	0.99	0.94	0.97	0.05	0.78	-0.43	0.78		0.94	-0.43
Net Working Capital	0.94	0.95	0.98	0.86	-0.55	0.88	0.76	0.91	0.83	0.89	0.96	0.9	0.85	0.99	0.17	0.56	-0.37	0.62	0.94		-0.37
Capital Stock	-0.42	-0.44	-0.3	-0.39	0.28	-0.4	-0.81	-0.38	-0.54	-0.33	-0.39	-0.38	-0.64	-0.37	0.02	-0.32	1.0	-0.69	-0.43	-0.37

	2020	2021	2022	2023	2024	2025 (projected)
Return On Assets	0.0609	0.045	0.0549	0.0651	0.0735	0.0412
Gross Profit Margin	0.34	0.32	0.3	0.31	0.42	0.27
Net Debt	(5.6B)	(1.2B)	(3.6B)	(7.5B)	(9.3B)	(9.7B)
Total Current Liabilities	9.6B	10.5B	11.7B	12.0B	16.6B	9.9B
Non Current Liabilities Total	5.9B	5.7B	6.2B	6.3B	4.2B	3.7B
Total Assets	68.3B	67.3B	67.0B	75.5B	90.4B	63.5B
Total Current Assets	31.7B	26.8B	26.6B	29.9B	34.5B	25.6B
Total Cash From Operating Activities	4.9B	5.2B	7.5B	7.3B	10.3B	6.2B

	Return On Equity	0.11
	Return On Asset	0.0566
	Profit Margin	0.23 %
	Operating Margin	0.28 %
	Current Valuation	20.86 B
	Shares Outstanding	857.15 M
	Shares Owned By Institutions	57.88 %
	Number Of Shares Shorted	29.38 M
	Price To Earning	15.09 X
	Price To Book	2.57 X
	Price To Sales	0.84 X
	Revenue	28.4 B
	Gross Profit	12.02 B
	EBITDA	8.23 B
	Net Income	6.64 B
	Cash And Equivalents	9.55 B
	Cash Per Share	13.27 X
	Total Debt	3.9 B
	Debt To Equity	0.12 %
	Current Ratio	2.33 X
	Book Value Per Share	44.14 X
	Cash Flow From Operations	10.28 B
	Short Ratio	3.00 X
	Earnings Per Share	0.58 X
	Price To Earnings To Growth	1.28 X
	Target Price	16.25
	Beta	0.69
	Market Capitalization	23.95 B
	Total Asset	90.44 B
	Retained Earnings	20.05 B
	Working Capital	17.92 B
	Annual Yield	0.01 %
	Net Asset	90.44 B
	Last Dividend Paid	1.31

Tencent Music Entertainment Stock Probability Of Bankruptcy

Tencent Music Entertainment Company probability of distress Analysis

Probability Of Bankruptcy

Normalized

Z-Score

Current Tencent Music Probability Of Bankruptcy

Tencent Probability Of Bankruptcy Driver Correlations

Tencent Probability Of Bankruptcy Peer Comparison

Tencent Music Main Bankruptcy Drivers

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