Tencent Financial Statements From 2010 to 2024
| 63TA Stock | EUR 13.00 0.10 0.78% |
Check Tencent Music financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Tencent Music's main balance sheet or income statement drivers, such as , as well as many indicators such as . Tencent financial statements analysis is a perfect complement when working with Tencent Music Valuation or Volatility modules.
Tencent |
Tencent Music Entertainment Company EBITDA Analysis
Tencent Music's EBITDA stands for earnings before interest, taxes, depreciation, and amortization. It is a measure of a company operating cash flow based on data from the company income statement and is a very good way to compare companies within industries or across different sectors. However, unlike Operating Cash Flow, EBITDA does not include the effects of changes in working capital.
Current Tencent Music EBITDA | 4.75 B |
Most of Tencent Music's fundamental indicators, such as EBITDA, 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.
In a nutshell, EBITDA is calculated by adding back each of the excluded items to the post-tax profit, and can be used to compare companies with very different capital structures.
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According to the company disclosure, Tencent Music Entertainment reported earnings before interest,tax, depreciation and amortization of 4.75 B. This is much higher than that of the sector and significantly higher than that of the EBITDA industry. The ebitda for all Germany stocks is notably lower than that of the firm.
Tencent Music Entert Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Tencent Music's current stock value. Our valuation model uses many indicators to compare Tencent Music value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Tencent Music competition to find correlations between indicators driving Tencent Music's intrinsic value. More Info.Tencent Music Entertainment is rated below average in current valuation category among its peers. It also is rated below average in price to book category among its peers . The ratio of Current Valuation to Price To Book for Tencent Music Entertainment is about 5,463,800,639 . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Tencent Music's earnings, one of the primary drivers of an investment's value.About Tencent Music Financial Statements
Tencent Music stakeholders use historical fundamental indicators, such as Tencent Music's revenue or net income, to determine how well the company is positioned to perform in the future. Although Tencent Music investors may analyze each financial statement separately, they are all interrelated. For example, changes in Tencent Music's assets and liabilities are reflected in the revenues and expenses on Tencent Music's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Tencent Music Entertainment. Please read more on our technical analysis and fundamental analysis pages.
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Additional Information and Resources on Investing in Tencent Stock
When determining whether Tencent Music Entert is a strong investment it is important to analyze Tencent Music's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Tencent Music's future performance. For an informed investment choice regarding Tencent Stock, refer to the following important reports:Check out the analysis of Tencent Music Correlation against competitors. You can also try the Odds Of Bankruptcy module to get analysis of equity chance of financial distress in the next 2 years.