Atlanta Braves (OTCMKTS:BATRB – Get Free Report) and Tencent Music Entertainment Group (NYSE:TME – Get Free Report) are both consumer discretionary companies, but which is the superior investment? We will compare the two businesses based on the strength of their analyst recommendations, institutional ownership, profitability, earnings, dividends, risk and valuation.
Volatility & Risk
Atlanta Braves has a beta of 0.32, indicating that its stock price is 68% less volatile than the S&P 500. Comparatively, Tencent Music Entertainment Group has a beta of 0.55, indicating that its stock price is 45% less volatile than the S&P 500.
Profitability
This table compares Atlanta Braves and Tencent Music Entertainment Group’s net margins, return on equity and return on assets.
Net Margins | Return on Equity | Return on Assets | |
Atlanta Braves | N/A | N/A | N/A |
Tencent Music Entertainment Group | 32.73% | 10.95% | 8.40% |
Valuation & Earnings
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
Atlanta Braves | $662.75 million | 5.41 | -$21.65 million | ($0.35) | -165.57 |
Tencent Music Entertainment Group | $3.89 billion | 9.44 | $924.18 million | $0.84 | 25.48 |
Tencent Music Entertainment Group has higher revenue and earnings than Atlanta Braves. Atlanta Braves is trading at a lower price-to-earnings ratio than Tencent Music Entertainment Group, indicating that it is currently the more affordable of the two stocks.
Analyst Recommendations
This is a breakdown of recent ratings for Atlanta Braves and Tencent Music Entertainment Group, as provided by MarketBeat.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
Atlanta Braves | 0 | 0 | 0 | 0 | 0.00 |
Tencent Music Entertainment Group | 0 | 2 | 8 | 1 | 2.91 |
Tencent Music Entertainment Group has a consensus price target of $16.60, suggesting a potential downside of 22.43%. Given Tencent Music Entertainment Group’s stronger consensus rating and higher probable upside, analysts plainly believe Tencent Music Entertainment Group is more favorable than Atlanta Braves.
Institutional and Insider Ownership
24.3% of Tencent Music Entertainment Group shares are held by institutional investors. 11.4% of Atlanta Braves shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.
Summary
Tencent Music Entertainment Group beats Atlanta Braves on 14 of the 15 factors compared between the two stocks.
About Atlanta Braves
Atlanta Braves Holdings, Inc. owns and operates the Atlanta Braves Major league baseball club. It also operates mixed-use development project, including retail, office, hotel, and entertainment projects. The company was incorporated in 2022 and is based in Englewood, Colorado.
About Tencent Music Entertainment Group
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.
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