SPOT
Price
$369.20
Change
-$9.96 (-2.63%)
Updated
Sep 27 closing price
33 days until earnings call
TME
Price
$12.28
Change
+$0.01 (+0.08%)
Updated
Sep 27 closing price
45 days until earnings call
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SPOT vs TME

Header iconSPOT vs TME Comparison
Open Charts SPOT vs TMEBanner chart's image
Spotify Technology SA
Price$369.20
Change-$9.96 (-2.63%)
Volume$2.9M
CapitalizationN/A
Tencent Music Entertainment Group
Price$12.28
Change+$0.01 (+0.08%)
Volume$16.79M
CapitalizationN/A
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SPOT vs TME Comparison Chart
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SPOT
Daily Signalchanged days ago
Gain/Loss if shorted
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TME
Daily Signalchanged days ago
Gain/Loss if shorted
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VS
SPOT vs. TME commentary
Sep 28, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is SPOT is a Hold and TME is a Hold.

COMPARISON
Comparison
Sep 28, 2024
Stock price -- (SPOT: $328.60 vs. TME: $10.35)
Brand notoriety: SPOT and TME are both notable
Both companies represent the Internet Software/Services industry
Current volume relative to the 65-day Moving Average: SPOT: 85% vs. TME: 72%
Market capitalization -- SPOT: $52.84B vs. TME: $18.97B
SPOT [@Internet Software/Services] is valued at $52.84B. TME’s [@Internet Software/Services] market capitalization is $18.97B. The market cap for tickers in the [@Internet Software/Services] industry ranges from $1.94T to $0. The average market capitalization across the [@Internet Software/Services] industry is $61.45B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

SPOT’s FA Score shows that 0 FA rating(s) are green whileTME’s FA Score has 2 green FA rating(s).

  • SPOT’s FA Score: 0 green, 5 red.
  • TME’s FA Score: 2 green, 3 red.
According to our system of comparison, both SPOT and TME are a bad buy in the long-term.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

SPOT’s TA Score shows that 3 TA indicator(s) are bullish while TME’s TA Score has 3 bullish TA indicator(s).

  • SPOT’s TA Score: 3 bullish, 3 bearish.
  • TME’s TA Score: 3 bullish, 3 bearish.
According to our system of comparison, both SPOT and TME are a good buy in the short-term.

Price Growth

SPOT (@Internet Software/Services) experienced а -3.20% price change this week, while TME (@Internet Software/Services) price change was -3.54% for the same time period.

The average weekly price growth across all stocks in the @Internet Software/Services industry was +3.23%. For the same industry, the average monthly price growth was +2.48%, and the average quarterly price growth was +3.97%.

Reported Earning Dates

SPOT is expected to report earnings on Oct 31, 2024.

TME is expected to report earnings on Nov 12, 2024.

Industries' Descriptions

@Internet Software/Services (+3.23% weekly)

Companies in this industry typically license software on a subscription basis and it is centrally hosted. Such products usually go by the names web-based software, on-demand software and hosted software. Cloud computing has emerged as a major force in this space, making it possible to save files to a remote database (without requiring them to be saved on local storage device); as long as a device has access to the web, it can access the data and the software programs to run it. This has in many cases facilitated cost efficiency, speed and security of data for businesses and consumers. Alphabet Inc., Facebook, Inc. and Yahoo! Inc. are some well-known names in the internet software/services industry.

SUMMARIES
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FUNDAMENTALS
Fundamentals
SPOT($52.8B) has a higher market cap than TME($19B). SPOT YTD gains are higher at: 74.871 vs. TME (15.919). TME has higher annual earnings (EBITDA): 5.86B vs. SPOT (-298M). TME has more cash in the bank: 22.2B vs. SPOT (4.21B). SPOT has less debt than TME: SPOT (1.7B) vs TME (6.15B). TME has higher revenues than SPOT: TME (28.3B) vs SPOT (13.2B).
SPOTTMESPOT / TME
Capitalization52.8B19B278%
EBITDA-298M5.86B-5%
Gain YTD74.87115.919470%
P/E RatioN/A26.38-
Revenue13.2B28.3B47%
Total Cash4.21B22.2B19%
Total Debt1.7B6.15B28%
FUNDAMENTALS RATINGS
SPOT: Fundamental Ratings
SPOT
OUTLOOK RATING
1..100
23
VALUATION
overvalued / fair valued / undervalued
1..100
85
Overvalued
PROFIT vs RISK RATING
1..100
45
SMR RATING
1..100
95
PRICE GROWTH RATING
1..100
36
P/E GROWTH RATING
1..100
55
SEASONALITY SCORE
1..100
n/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

TECHNICAL ANALYSIS
Technical Analysis
SPOTTME
RSI
ODDS (%)
Bearish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Stochastic
ODDS (%)
Bearish Trend about 1 month ago
0%
Bullish Trend about 1 month ago
0%
Momentum
ODDS (%)
Bullish Trend about 1 month ago
0%
N/A
MACD
ODDS (%)
N/A
N/A
TrendWeek
ODDS (%)
Bullish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
TrendMonth
ODDS (%)
Bullish Trend about 1 month ago
0%
Bearish Trend about 1 month ago
0%
Advances
ODDS (%)
Bullish Trend about 1 month ago
0%
N/A
Declines
ODDS (%)
Bearish Trend about 2 months ago
0%
Bearish Trend about 1 month ago
0%
BollingerBands
ODDS (%)
N/A
Bullish Trend about 1 month ago
0%
Aroon
ODDS (%)
N/A
Bearish Trend about 1 month ago
0%
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SPOT
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
TME
Daily Signalchanged days ago
Gain/Loss if shorted
Show more...
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SPOT and

Correlation & Price change

A.I.dvisor tells us that SPOT and META have been poorly correlated (+29% of the time) for the last year. This A.I.-generated data suggests there is low statistical probability that SPOT and META's prices will move in lockstep.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To SPOT
1D Price
Change %
SPOT100%
-4.16%
META - SPOT
29%
Poorly correlated
-1.83%
DASH - SPOT
29%
Poorly correlated
-2.84%
GOOG - SPOT
28%
Poorly correlated
-3.94%
GOOGL - SPOT
28%
Poorly correlated
-3.68%
TME - SPOT
25%
Poorly correlated
-0.86%
More

TME and

Correlation & Price change

A.I.dvisor indicates that over the last year, TME has been loosely correlated with ATHM. These tickers have moved in lockstep 51% of the time. This A.I.-generated data suggests there is some statistical probability that if TME jumps, then ATHM could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To TME
1D Price
Change %
TME100%
-0.86%
ATHM - TME
51%
Loosely correlated
-1.55%
WB - TME
46%
Loosely correlated
-1.74%
BIDU - TME
42%
Loosely correlated
-1.43%
YY - TME
36%
Loosely correlated
-0.20%
MOMO - TME
32%
Poorly correlated
-3.77%
More