Tencent Music Entertainment Group (TME)
(Delayed Data from NYSE)
$14.07 USD
-0.48 (-3.30%)
Updated Jun 7, 2024 04:00 PM ET
After-Market: $14.06 -0.01 (-0.07%) 7:58 PM ET
2-Buy of 5 2
C Value C Growth A Momentum B VGM
Fundamental Charts
About Price to Cash Flow
The Price to Cash Flow ratio or P/CF is price divided by its cash flow per share. It's another great way to determine whether a company is undervalued or overvalued with the denominator being cash flow. One of the reasons why some investors prefer the P/CF ratio over the P/E ratio is because the net income of the cash flow portion rightly adds depreciation and amortization back in since these are not cash expenditures. In contrast, the net income that goes into the earnings portion of the P/E ratio does not add these in, thus artificially reducing the income and skewing the P/E ratio. Like the P/E ratio, a lower number is considered better. A value under 20 is generally considered good.
TME 14.07 -0.48(-3.30%)
Will TME be a Portfolio Killer in June?
Zacks Investment Research is releasing its prediction for TME based on the 1-3 month trading system that more than doubles the S&P 500.
Zacks News for TME
Surging Earnings Estimates Signal Upside for Tencent Music Entertainment Group (TME) Stock
Tencent Music Entertainment Group Sponsored ADR (TME) is a Great Momentum Stock: Should You Buy?
TME: What are Zacks experts saying now?
Zacks Private Portfolio Services
Wall Street Awaits Economic Data
Big Inflation Prints on Deck This Week
Zacks.com featured highlights include Rush Street Interactive, American Public Education, Tencent and Galiano
Other News for TME
KWEB: Upgrade To Buy, Too Cheap To Ignore
Tencent Music Sets New 2024 Share Incentive Plan
Tencent Music Entertainment Group to Hold Annual General Meeting on June 28, 2024
Tencent Music Entertainment Group (TME) Gets a Buy from Bank of America Securities
Tencent Music price target raised by $5 at BofA, here's why