TME vs CURI vs KLTR Stock Comparison

Tencent Music Entertainment, CuriosityStream and Kaltura Prices as of Oct 27, 2026 Peers: Industry group
CURI CuriosityStream Inc.
$2.80 -9.7% 1M -36.5% 1Y
Market cap
$152.71M
P/E
71.5x
Revenue (TTM)
$79.81M
Div. yield
–
Streaming Technology
KLTR Kaltura Inc
$1.47 +11.4% 1M -7.5% 1Y
Market cap
$219.90M
P/E
–
Revenue (TTM)
$180.93M
Div. yield
–
Streaming Technology
1 win

Head to Head

11 decided of 12

Tencent Music Entertainment leads on 10 of the 12 questions below (Tencent Music Entertainment 10, Kaltura 1). Which ones matter depends on what you are buying for; a cheap multiple and slow growth often come together.

QuestionTMECURIKLTRLeader
Larger companyMarket capitalisation $12.73B $152.71M $219.90M TME
Cheaper on earningsLower P/E, profitable companies only 10.0x 71.5x -17.6x TME
Cheaper on forward earningsLower price / next fiscal year consensus EPS 9.4x 14.7x 147.0x TME
Faster revenue growthRevenue growth, trailing twelve months +200.4% +31.2% -0.2% TME
More profitableNet margin, trailing twelve months 835.7% 2.7% -6.9% TME
Better return on capitalReturn on invested capital 12.8% — -8.6% TME
Less leveragedLower net debt / EBITDA -2.3x — -0.4x TME
Higher dividend yieldTrailing dividend yield 0.00% 0.00% 0.00% –
Better 1-year returnPrice return, last 12 months -64.2% -36.5% -7.5% KLTR
Better 5-year returnAnnualised price return, 5 years +0.7%/yr -22.5%/yr -30.9%/yr TME
Less volatileAnnualised volatility, 1 year 49.4% 76.3% 69.4% TME
Higher overall scoreMean of the five percentile scores vs peers 68/100 59/100 45/100 TME

Percentile Scorecard

TMECURIKLTR

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

AxisTMECURIKLTR
Valuation 76 #41 of 167 34 #110 of 167 45 #92 of 167
Growth 53 #73 of 153 90 #17 of 153 55 #70 of 153
Profitability 86 #22 of 153 59 #64 of 153 36 #99 of 153
Financial Health 78 #41 of 179 24 #136 of 179 18 #147 of 179
Shareholder Returns 46 #51 of 94 89 #11 of 94 71 #28 of 94
Overall 68 59 45
  • TME ranked among 185 companies in Internet Platforms
  • CURI ranked among 185 companies in Internet Platforms
  • KLTR ranked among 185 companies in Internet Platforms

Price Performance

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

Returns

PeriodTMECURIKLTRSPY
1 month +1.0%-9.7%+11.4% -0.2%
3 months -10.9%+14.3%+2.1% +3.9%
6 months -7.7%-16.4%-0.7% +8.2%
Year to date -51.6%-26.3%-10.4% +12.9%
1 year -64.2%-36.5%-7.5% +12.3%
3 years +18.9%+428.2%-10.4% +87.4%
3 years, per year +6.0%+74.2%-3.6% +23.3%
5 years +3.7%-72.0%-84.2% +67.9%
5 years, per year +0.7%-22.5%-30.9% +10.9%

Risk

MeasureTMECURIKLTRSPY
Volatility, 1Y 49.4%76.3%69.4% 12.7%
Downside volatility, 1Y 58.5%72.9%64.2% 12.7%
Beta vs S&P 500, 1Y 0.871.390.87 1.00
Return / volatility, 1Y -1.30-0.48-0.11 0.97
Max drawdown, 5Y -70.6%-95.5%-91.9% -25.4%
From 52-week high -64.2%-43.0%-22.2% -1.2%
52-week high $23.71$4.91$1.89 $779.14
52-week low $7.74$2.35$1.08 $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.

MultipleTMECURIKLTR
P/E now vs peer median 10.2xmedian 17.3x 77.6xmedian 17.3x -17.3xmedian 17.3x
P/S now vs peer median 87.4xmedian 1.4x 2.1xmedian 1.4x 1.2xmedian 1.4x
EV/EBITDA now vs peer median 4.7xmedian 14.2x —median 14.2x 17.2xmedian 14.2x
P/FCF now vs peer median 8.3xmedian 11.5x —median 11.5x 19.9xmedian 11.5x
P/B now vs peer median 1.2xmedian 1.8x 4.0xmedian 1.8x 131.8xmedian 1.8x
PEG now vs peer median 0.44median 0.40 2.87median 0.40 -0.41median 0.40

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 monthsTMECURIKLTR
Revenue $152.71M $79.81M $180.93M
Gross profit $2.15B $49.47M $130.36M
Operating income $1.61B $1.80M -$2.63M
Net income $1.31B $2.14M -$12.52M
Free cash flow $1.61B – $11.21M
R&D – – $45.78M
EPS (diluted) $0.82 $0.04 $-0.08
Cash & equivalents $3.49B – $25.97M
Total debt $1.93B – $26.69M
Shares (diluted) 1.55B 60.61M 147.58M
Enterprise value -$10.00B $100.38M $2.72M

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
MetricTMECURIKLTR
P/E 10.2x 77.6x -17.3x
P/FCF 8.3x – 19.9x
P/Operating cash flow 8.3x – 19.2x
P/S 87.4x 2.1x 1.2x
P/B 1.2x 4.0x 131.8x
P/Tangible book 1.3x 4.0x -27.1x
EV/EBITDA 4.7x – 17.2x
EV/EBIT 5.6x 91.3x -83.1x
EV/Revenue 58.8x 2.1x 1.2x
EV/FCF 5.6x – 19.5x
EV/Operating cash flow 5.6x – 18.8x
PEG (3Y EPS CAGR) 0.44 2.87 -0.41

Growth

14 metrics
MetricTMECURIKLTR
Revenue growth (1Y) 200.4% 31.2% -0.2%
Revenue CAGR (3Y) 5.2% 7.3% 1.6%
Gross profit growth (1Y) 17.2% 53.2% 3.6%
Gross profit CAGR (3Y) 15.7% 37.8% 5.9%
Operating income growth (1Y) -6.1% 127.3% 79.1%
Operating income CAGR (3Y) 26.1% 27.0% 62.0%
Net income growth (1Y) -10.7% 144.8% 34.4%
Net income CAGR (3Y) 23.6% 27.2% 39.9%
EPS growth (1Y) -9.3% 142.5% 31.8%
EPS CAGR (3Y) 23.2% 27.1% 42.1%
Operating cash flow growth (1Y) 31.8% – -29.9%
Operating cash flow CAGR (3Y) 13.5% – 39.5%
Free cash flow growth (1Y) 31.8% – -29.8%
Free cash flow CAGR (3Y) 13.5% – 37.7%

Profitability

14 metrics
MetricTMECURIKLTR
Gross margin 1,408% 62.0% 72.0%
EBITDA margin 1,262% – 7.0%
Operating margin 1,052% 2.3% -1.5%
Pretax margin 1,042% 3.2% -3.5%
Net margin 835.7% 2.7% -6.9%
FCF margin 1,054% – 6.2%
Operating cash flow margin 1,054% – 6.4%
Return on equity 11.6% 5.4% -395.1%
Return on assets 8.3% 3.1% -7.6%
Return on invested capital 12.8% – -8.6%
Return on capital employed 12.9% 3.5% -8.8%
Asset turnover 0.0x 1.1x 1.1x
Cash conversion (OCF / net income) 1.2x – -0.9x
Stock comp / revenue – – 8.5%

Financial Health

11 metrics
MetricTMECURIKLTR
Debt / assets 11.2% – 15.8%
Debt / equity 0.2x – 15.8x
Net debt / EBITDA -2.3x – -0.4x
Debt / FCF 1.2x – 2.4x
Liabilities / assets 33.1% 38.5% 99.0%
Equity / assets 66.9% 61.5% 1.0%
Interest coverage 79.1x – –
Current ratio 1.7x 0.8x 0.6x
Quick ratio 2.1x 0.4x 0.4x
Cash ratio 1.9x 0.1x 0.2x
Altman Z-score 2.27 -2.01 -2.66

Shareholder Returns

7 metrics
MetricTMECURIKLTR
Dividend yield 2.8% 12.1% –
Net buyback yield – – 7.2%
Shareholder yield 2.8% 12.1% 7.2%
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.

ConsensusTMECURIKLTR
Forward P/E 9.4xFY2026 14.7xFY2026 147.0xFY2026
EPS, next fiscal year $0.90FY2026 $0.19FY2026 $0.01FY2026
EPS growth, next FY -11.8%FY2026 – -85.7%FY2026
EPS growth, the year after -1.1% +26.3% +400.0%
Revenue, next fiscal year $5.49BFY2026 $81.18MFY2026 $196.78MFY2026
Revenue growth, next FY +16.9%FY2026 +13.3%FY2026 +8.8%FY2026
Revenue growth, the year after -2.6% +16.0% +2.4%

Institutional Ownership

13F filings, quarter ended Jun 30, 2026
HoldersTMECURIKLTR
Held by institutions 27.5% 31.0% 28.5%
Institutions holding 312 100 101
Change in shares held, QoQ +1.6% -2.2% +6.2%
Institutions buying 172 51 64
Institutions selling 99 32 19
Buyers to sellers 1.74 1.59 3.37

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.

TMECURIKLTR
TME 1.00 0.15 0.14
CURI 0.15 1.00 0.17
KLTR 0.14 0.17 1.00

Add a Peer

Largest companies in the same industry

Related Comparisons

Frequently Asked Questions

Which is bigger, TME, CURI and KLTR?

Tencent Music Entertainment (TME) is the largest by market capitalisation: Tencent Music Entertainment (TME) $12.73B, CuriosityStream (CURI) $152.71M, Kaltura (KLTR) $219.90M.

Which stock is cheaper, TME, CURI and KLTR?

Tencent Music Entertainment (TME) trades on the lowest price-to-earnings ratio (Tencent Music Entertainment (TME) 10.0x, CuriosityStream (CURI) 71.5x, Kaltura (KLTR) -17.6x). On next year's consensus earnings, Tencent Music Entertainment (TME) is cheapest (Tencent Music Entertainment (TME) 9.4x, CuriosityStream (CURI) 14.7x, Kaltura (KLTR) 147.0x). A lower multiple can reflect slower expected growth, so read it next to the growth figures.

Which company is growing faster?

Tencent Music Entertainment (TME) grew revenue fastest over the trailing twelve months: Tencent Music Entertainment (TME) +200.4%, CuriosityStream (CURI) +31.2%, Kaltura (KLTR) -0.2%.

Which company is more profitable?

Tencent Music Entertainment (TME) has the highest net margin (Tencent Music Entertainment (TME) 835.7%, CuriosityStream (CURI) 2.7%, Kaltura (KLTR) -6.9%). On return on invested capital, Tencent Music Entertainment (TME) leads (Tencent Music Entertainment (TME) 12.8%, Kaltura (KLTR) -8.6%).

Which stock has performed better?

Over the past year Kaltura (KLTR) returned the most: Tencent Music Entertainment (TME) -64.2%, CuriosityStream (CURI) -36.5%, Kaltura (KLTR) -7.5%. Over five years, Tencent Music Entertainment (TME) compounded fastest (Tencent Music Entertainment (TME) +0.7%/yr, CuriosityStream (CURI) -22.5%/yr, Kaltura (KLTR) -30.9%/yr). Returns are price only, before dividends.

Which stock is riskier?

By one-year price volatility, Tencent Music Entertainment (TME) has been the steadiest (Tencent Music Entertainment (TME) 49.4%, CuriosityStream (CURI) 76.3%, Kaltura (KLTR) 69.4%). Volatility measures how widely the price swings, not the risk of the business.

Which is the better stock, TME, CURI and KLTR?

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 10. 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.