- Entry
- $7.96
- Now
- $7.97 +0.1%
- Target
- $16.50
- Score
- —
Tencent Music (TME) is down \~65% from its 52-week high of $24.25, currently sitting at $8.37 — basically at its 52-week low of $7.70. Meanwhile FY2025: revenue +15.8% to RMB32.9B, net profit attributable +66% to RMB11.1B, operating profit +53%, RMB38B in cash against \~RMB3.5B of debt, and it pays a dividend. Either the market knows something I don't, or this is the cheapest profitable streaming business on earth. I ran a full three-method valuation by hand — all assumptions below. …
— ORIGINAL POST ·
TME fell 65% in a year while net profit grew 66%. I valued it 3 ways — it looks absurdly cheap. Tell me what I'm missing.
· r/ValueInvesting
· Sep 29, 2026