Head-To-Head Survey: Tencent Music Entertainment Group (NYSE:TME) & NEXON (OTCMKTS:NEXOY)

Tencent Music Entertainment Group (NYSE:TMEGet Free Report) and NEXON (OTCMKTS:NEXOYGet Free Report) are both large-cap communication services companies, but which is the better stock? We will compare the two companies based on the strength of their profitability, analyst recommendations, dividends, institutional ownership, earnings, risk and valuation.

Profitability

This table compares Tencent Music Entertainment Group and NEXON’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Tencent Music Entertainment Group 26.27% 11.53% 8.87%
NEXON 26.37% 12.45% 9.72%

Insider and Institutional Ownership

24.3% of Tencent Music Entertainment Group shares are owned by institutional investors. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a company will outperform the market over the long term.

Dividends

Tencent Music Entertainment Group pays an annual dividend of $0.23 per share and has a dividend yield of 2.6%. NEXON pays an annual dividend of C$0.26 per share and has a dividend yield of 1.3%. Tencent Music Entertainment Group pays out 28.4% of its earnings in the form of a dividend. NEXON pays out 23.4% of its earnings in the form of a dividend. Both companies have healthy payout ratios and should be able to cover their dividend payments with earnings for the next several years.

Earnings and Valuation

This table compares Tencent Music Entertainment Group and NEXON”s gross revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Tencent Music Entertainment Group $4.71 billion 2.93 $1.54 billion $0.81 10.82
NEXON $3.18 billion 4.89 $616.75 million C$1.11 17.64

Tencent Music Entertainment Group has higher revenue and earnings than NEXON. Tencent Music Entertainment Group is trading at a lower price-to-earnings ratio than NEXON, indicating that it is currently the more affordable of the two stocks.

Analyst Recommendations

This is a breakdown of current ratings for Tencent Music Entertainment Group and NEXON, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tencent Music Entertainment Group 0 10 3 0 2.23
NEXON 0 2 2 0 2.50

Tencent Music Entertainment Group currently has a consensus target price of $17.21, indicating a potential upside of 96.34%. Given Tencent Music Entertainment Group’s higher possible upside, equities analysts clearly believe Tencent Music Entertainment Group is more favorable than NEXON.

Summary

NEXON beats Tencent Music Entertainment Group on 8 of the 14 factors compared between the two stocks.

About Tencent Music Entertainment Group

(Get Free Report)

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover music in personalized ways; long-form audio content, including audiobooks, podcasts and talk shows, as well as music-oriented video content comprising music videos, live performances, and short videos; and WeSing, which enables users to sing along from its library of karaoke songs and share their performances in audio or video formats with friends. The company also delivers music-centric live streaming services primarily through the Live Streaming tab on QQ Music, Kugou Music, Kuwo Music, WeSing, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with a diverse audience base; and Lazy Audio, an audio platform. In addition, it sells music-related merchandise; and artist-related merchandise, such as branded apparel, posters and art prints, and accessories and integrated and technology-driven music solutions that help IoT device manufacturers build and operate their branded music services on their IoT devices, as well as offers advertising services across its online karaoke platform and online music apps. The company is headquartered in Shenzhen, China. Tencent Music Entertainment Group is a subsidiary of Tencent Holdings Limited.

About NEXON

(Get Free Report)

NEXON Co., Ltd. produces, develops, and services PC online and mobile games. It operates through five segments: Japan, Korea, China, North America, and Others. The company's PC online game titles include MapleStory, Dungeon & Fighter, and EA SPORTS FIFA ONLINE 4. The company was formerly known as NEXON Japan Co., Ltd. and changed its name to NEXON Co., Ltd. in April 2009. NEXON Co., Ltd. was founded in 1994 and is headquartered in Tokyo, Japan.

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