Tencent Music Entertainment: Staying On The Sidelines (NYSE:TME)

Spencer Pratt elevator pitch evaluate Tencent Music Entertainment Group (New York Stock Exchange: TME) (1698:HK) as a hold on shares. In his last January 31, 2023 article, he touched on

in

Tencent Music Entertainment: Staying On The Sidelines (NYSE:TME)


Spencer Pratt

elevator pitch

evaluate Tencent Music Entertainment Group (New York Stock Exchange: TME) (1698:HK) as a hold on shares. In his last January 31, 2023 article, he touched on TME’s efforts to optimize its topline mix and improve profitability.

In this latest

stock Consensus predicts enterprise value-to-earnings multiple over the next 12 months Consensus forward FY2023-2027 earnings CAGR forecast
tencent music entertainment 2.57 +6.5%
Spotify technology 1.86 +12.4%



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