TME vs CAST Stock Comparison

Tencent Music Entertainment and FreeCast Prices as of Oct 26, 2026 Peers: Industry group
CAST FreeCast, Inc.
$1.04 -12.6% 1M
Market cap
$45.65M
P/E
–
Revenue (TTM)
$729.33K
Div. yield
–
Streaming Technology

Head to Head

5 decided of 12

Tencent Music Entertainment leads on 5 of the 12 questions below (Tencent Music Entertainment 5). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTMECASTLeader
Larger companyMarket capitalisation $12.99B $45.65M TME
Cheaper on earningsLower P/E, profitable companies only 10.2x -3.4x –
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.4x — –
Faster revenue growthRevenue growth, trailing twelve months +200.4% — –
More profitableNet margin, trailing twelve months 835.7% -1,832.2% TME
Better return on capitalReturn on invested capital 12.8% — –
Less leveragedLower net debt / EBITDA -2.3x 0.4x TME
Higher dividend yieldTrailing dividend yield 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -63.0% — –
Better 5-year returnAnnualised price return, 5 years +0.9%/yr — –
Less volatileAnnualised volatility, 1 year 49.5% 281.9% TME
Higher overall scoreMean of the five percentile scores vs peers 68/100 10/100 TME

Percentile Scorecard

TMECAST

Each axis is the mean percentile of its metrics against the company's industry group. 100 is the best in the group, 50 the middle.

Scores by Axis

AxisTMECAST
Valuation 76 #41 of 167 1 #165 of 167
Growth 53 #73 of 153 –
Profitability 86 #22 of 153 6 #144 of 153
Financial Health 78 #41 of 179 26 #133 of 179
Shareholder Returns 46 #51 of 94 5 #89 of 94
Overall 68 10
  • TME ranked among 185 companies in Internet Platforms
  • CAST ranked among 185 companies in Internet Platforms

Price Performance

Price return, split-adjusted, before dividends. Click a name to hide or show it.

Returns

PeriodTMECASTSPY
1 month +1.0%-12.6% -0.8%
3 months -8.9%-45.0% +3.5%
6 months -9.4%-64.0% +7.0%
Year to date -51.6%— +12.2%
1 year -63.0%— +13.0%
3 years +18.9%— +86.3%
3 years, per year +6.0%— +23.1%
5 years +4.8%— +68.6%
5 years, per year +0.9%— +11.0%

Risk

MeasureTMECASTSPY
Volatility, 1Y 49.5%281.9% 12.7%
Downside volatility, 1Y 58.5%206.7% 12.7%
Beta vs S&P 500, 1Y 0.873.25 1.00
Return / volatility, 1Y -1.27— 1.02
Max drawdown, 5Y -70.6%-93.5% -25.4%
From 52-week high -64.2%-89.4% -1.8%
52-week high $23.71$9.84 $779.14
52-week low $7.74$0.59 $631.97

Valuation History

Weekly multiples on trailing twelve-month fundamentals. Negative or extreme readings (a loss year, a collapsed denominator) are left out so the chart stays readable.

MultipleTMECAST
P/E now vs peer median 10.2xmedian 17.5x -3.1xmedian 17.5x
P/S now vs peer median 87.4xmedian 1.4x 66.9xmedian 1.4x
EV/EBITDA now vs peer median 4.7xmedian 14.5x -3.4xmedian 14.5x
P/FCF now vs peer median 8.3xmedian 12.1x -4.7xmedian 12.1x
P/B now vs peer median 1.2xmedian 1.7x 21.7xmedian 1.7x
PEG now vs peer median 0.44median 0.41 —median 0.41

Financial History

Reported figures by fiscal period, placed on the calendar year (or quarter) each period ended in, so companies with different fiscal years line up.

Trailing twelve monthsTMECAST
Revenue $152.71M $729.33K
Gross profit $2.15B $577.20K
Operating income $1.61B -$12.92M
Net income $1.31B -$13.36M
Free cash flow $1.61B -$10.49M
EPS (diluted) $0.82 $-0.34
Cash & equivalents $3.49B $8.92M
Total debt $1.93B $10.11M
Shares (diluted) 1.55B 39.52M
Enterprise value -$9.74B $35.63M

All Metrics

58 metrics · best in bold

Bold marks the best reading: the lowest positive value for multiples, leverage and payout, the highest for everything else. The bar under each value is its percentile against that company's own peers. Hover a value for its rank and the peer median.

Valuation

12 metrics
MetricTMECAST
P/E 10.2x -3.1x
P/FCF 8.3x -4.7x
P/Operating cash flow 8.3x -4.7x
P/S 87.4x 66.9x
P/B 1.2x 21.7x
P/Tangible book 1.3x 21.7x
EV/EBITDA 4.7x -3.4x
EV/EBIT 5.6x -3.4x
EV/Revenue 58.8x 59.7x
EV/FCF 5.6x -4.2x
EV/Operating cash flow 5.6x -4.2x
PEG (3Y EPS CAGR) 0.44 –

Growth

14 metrics
MetricTMECAST
Revenue growth (1Y) 200.4% –
Revenue CAGR (3Y) 5.2% –
Gross profit growth (1Y) 17.2% –
Gross profit CAGR (3Y) 15.7% –
Operating income growth (1Y) -6.1% –
Operating income CAGR (3Y) 26.1% –
Net income growth (1Y) -10.7% –
Net income CAGR (3Y) 23.6% –
EPS growth (1Y) -9.3% –
EPS CAGR (3Y) 23.2% –
Operating cash flow growth (1Y) 31.8% –
Operating cash flow CAGR (3Y) 13.5% –
Free cash flow growth (1Y) 31.8% –
Free cash flow CAGR (3Y) 13.5% –

Profitability

14 metrics
MetricTMECAST
Gross margin 1,408% 79.1%
EBITDA margin 1,262% -1,769%
Operating margin 1,052% -1,772%
Pretax margin 1,042% -1,834%
Net margin 835.7% -1,832%
FCF margin 1,054% -1,438%
Operating cash flow margin 1,054% -1,435%
Return on equity 11.6% –
Return on assets 8.3% -243.0%
Return on invested capital 12.8% –
Return on capital employed 12.9% –
Asset turnover 0.0x 0.1x
Cash conversion (OCF / net income) 1.2x 0.8x
Stock comp / revenue – 157.9%

Financial Health

11 metrics
MetricTMECAST
Debt / assets 11.2% 37.2%
Debt / equity 0.2x 1.6x
Net debt / EBITDA -2.3x 0.4x
Debt / FCF 1.2x -0.4x
Liabilities / assets 33.1% 77.2%
Equity / assets 66.9% 22.8%
Interest coverage 79.1x –
Current ratio 1.7x 1.3x
Quick ratio 2.1x 1.2x
Cash ratio 1.9x 1.2x
Altman Z-score 2.27 -31.31

Shareholder Returns

7 metrics
MetricTMECAST
Dividend yield 2.8% –
Net buyback yield – -19.9%
Shareholder yield 2.8% -19.9%
Payout ratio (earnings) – –
Payout ratio (FCF) – –
Dividend growth (1Y) – –
Dividend CAGR (3Y) – –

Analyst Estimates

Solid lines are reported fiscal-year results; dashed lines are the consensus for the years ahead. Hover a year for the analysts' high and low, and how each result compared with its estimate.

ConsensusTMECAST
Forward P/E 9.4xFY2026 –
EPS, next fiscal year $0.90FY2026 $-0.22FY2027
EPS growth, next FY -11.8%FY2026 –
EPS growth, the year after -1.1% –
Revenue, next fiscal year $5.49BFY2026 $2.82MFY2027
Revenue growth, next FY +16.9%FY2026 +296.6%FY2027
Revenue growth, the year after -2.6% +1,697.5%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTMECAST
Held by institutions 27.5% –
Institutions holding 312 –
Change in shares held, QoQ +1.6% –
Institutions buying 172 –
Institutions selling 99 –
Buyers to sellers 1.74 –

Return Correlation

Daily returns, last 12 months

1.00 means two stocks move in lockstep, 0 that they move independently. Pairs below about 0.5 diversify each other.

TMECAST
TME 1.00 -0.04
CAST -0.04 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TME and CAST?

Tencent Music Entertainment (TME) is the largest by market capitalisation: Tencent Music Entertainment (TME) $12.99B, FreeCast (CAST) $45.65M.

Which company is more profitable?

Tencent Music Entertainment (TME) has the highest net margin (Tencent Music Entertainment (TME) 835.7%, FreeCast (CAST) -1,832.2%).

Which stock is riskier?

By one-year price volatility, Tencent Music Entertainment (TME) has been the steadiest (Tencent Music Entertainment (TME) 49.5%, FreeCast (CAST) 281.9%). Volatility measures how widely the price swings, not the risk of the business.

Do TME and CAST move together?

Their daily returns over the past year have a correlation of -0.04, a negative relationship. Holding both diversifies more than two closely linked stocks would.

Which is the better stock, TME and CAST?

There is no single answer; it depends on what you are buying for. On the 12 head-to-head measures on this page, Tencent Music Entertainment (TME) leads on 5. Business Quant does not give investment advice; use the comparison as a starting point for your own research.

Data from SEC filings, exchange prices and consensus estimates, via Business Quant. Percentile scores compare each company with its own peer group, so two companies' scores are each relative to different peers unless you rank against the whole market. Price returns exclude dividends. Nothing on this page is investment advice.