LYV vs. TME: Live Nation Entertainment vs. Tencent Music Entertainment Stock Comparison
How do Live Nation Entertainment (LYV) and Tencent Music Entertainment (TME) stack up? This page sets them side by side across company profile, performance and risk, profitability, growth, financial strength, dividends, and valuation, with selected fundamentals also measured against each stock's industry-group peers.
Company Profile
Live Nation Entertainment (LYV) and Tencent Music Entertainment (TME) are both classified in the Movies & Entertainment sub-industry within the broader Entertainment industry, placing them in the closest GICS peer bucket.
Live Nation Entertainment (LYV) trades as ordinary local shares, while Tencent Music Entertainment (TME) trades as an ADR — compare with FX exposure, depositary-program fees, and dividend-withholding-tax differences in mind.
| Profile Item | LYV | TME |
|---|---|---|
| Name | Live Nation Entertainment, Inc. | Tencent Music Entertainment Group ADR |
| Country/Region | United States | China |
| GICS Sector | Communication Services | Communication Services |
| GICS Industry Group | Media & Entertainment | Media & Entertainment |
| GICS Industry | Entertainment | Entertainment |
| GICS Sub-Industry | Movies & Entertainment | Movies & Entertainment |
| Market Capitalization | 41.31 billion USD | 15.58 billion USD |
| Currency | USD | USD |
| Exchange | NYSE | NYSE |
| Listing Date | December 21, 2005 | December 12, 2018 |
| Security Type | Common Stock | ADR |
Price Performance
Cumulative Growth
Trailing Returns
Calendar-Year Returns
Performance Metrics
| Metric | LYV | TME |
|---|---|---|
| Total Return (1Y) | 23.66% | -55.15% |
| Total Return (3Y, Annualized) | 26.35% | 9.39% |
| Total Return (5Y, Annualized) | 8.30% | 4.17% |
Risk Profile
Drawdown History
Return Distribution
Risk Metrics
| Metric | LYV | TME |
|---|---|---|
| Volatility (1Y, Annualized) | 29.09% | 47.08% |
| Beta (5Y) | 1.16 | 0.70 |
| Max Drawdown (5Y) | -48.16% | -69.85% |
| Avg. Volume (3M) | 2.02M | 8.07M |
Risk-Adjusted Performance
Risk-Return Positioning
Risk-Adjusted Metrics
| Metric | LYV | TME |
|---|---|---|
| Sharpe Ratio (1Y) | 0.67 | -1.26 |
| Sortino Ratio (1Y) | 1.04 | -1.50 |
Profitability
ROE (TTM)
Live Nation Entertainment (LYV) at 21.01% sits in the top ROE quartile, while Tencent Music Entertainment (TME) at 10.97% is closer to the peer norm — stronger capital efficiency for LYV.
LYV
Media & Entertainment industry group
21.01%
- Max
- 49.92%
- LYV
- 21.01%
- Q3
- 17.95%
- Median
- 7.20%
- Q1
- -4.53%
- Min
- -26.31%
TME
Media & Entertainment industry group
10.97%
- Max
- 49.92%
- Q3
- 17.95%
- TME
- 10.97%
- Median
- 7.20%
- Q1
- -4.53%
- Min
- -26.31%
Net Margin (TTM)
Tencent Music Entertainment (TME) at 26.28% retains a top-quartile share of revenue as profit, ahead of Live Nation Entertainment (LYV) at 0.54%, which keeps about the industry-typical share.
LYV
Media & Entertainment industry group
0.54%
- Max
- 32.91%
- Q3
- 11.75%
- Median
- 5.04%
- LYV
- 0.54%
- Q1
- -4.17%
- Min
- -25.14%
TME
Media & Entertainment industry group
26.28%
- Max
- 32.91%
- TME
- 26.28%
- Q3
- 11.75%
- Median
- 5.04%
- Q1
- -4.17%
- Min
- -25.14%
Operating Margin (TTM)
Tencent Music Entertainment (TME) at 29.18% operates in the top operating margin quartile, ahead of Live Nation Entertainment (LYV) at 8.90%, which runs around its industry’s norm.
LYV
Media & Entertainment industry group
8.90%
- Max
- 40.16%
- Q3
- 18.72%
- LYV
- 8.90%
- Median
- 8.63%
- Q1
- 1.90%
- Min
- -22.08%
TME
Media & Entertainment industry group
29.18%
- Max
- 40.16%
- TME
- 29.18%
- Q3
- 18.72%
- Median
- 8.63%
- Q1
- 1.90%
- Min
- -22.08%
Profitability Metrics
| Metric | LYV | TME |
|---|---|---|
| ROE (TTM) | 21.01% | 10.97% |
| ROA (TTM) | 3.53% | 5.60% |
| Net Margin (TTM) | 0.54% | 26.28% |
| Operating Margin (TTM) | 8.90% | 29.18% |
| Gross Margin (TTM) | 25.36% | 44.32% |
Growth
Revenue Growth
Tencent Music Entertainment (TME) at 15.85% sits in the top revenue growth quartile, while Live Nation Entertainment (LYV) at 8.83% is closer to the peer norm — faster top-line expansion for TME.
EPS Growth
Tencent Music Entertainment (TME) at 67.92% sits in the top EPS growth quartile, while Live Nation Entertainment (LYV) at -108.76% is in the bottom quartile, showing a clear gap in earnings momentum.
Growth Metrics
| Metric | LYV | TME |
|---|---|---|
| Revenue Growth (YoY) | 8.83% | 15.85% |
| Revenue Growth (3Y CAGR) | 14.74% | 5.10% |
| EPS Growth (YoY) | -108.76% | 67.92% |
| EPS Growth (3Y CAGR) | -- | 46.17% |
Financial Strength
Current Ratio (MRQ)
Both Live Nation Entertainment (LYV) at 0.95 and Tencent Music Entertainment (TME) at 1.75 carry current ratio within their industries’ typical mid-ranges, suggesting balanced short-term liquidity relative to peers.
LYV
Media & Entertainment industry group
0.95
- Max
- 4.69
- Q3
- 2.53
- Median
- 1.52
- LYV
- 0.95
- Q1
- 0.95
- Min
- 0.28
TME
Media & Entertainment industry group
1.75
- Max
- 4.69
- Q3
- 2.53
- TME
- 1.75
- Median
- 1.52
- Q1
- 0.95
- Min
- 0.28
Debt / Equity (MRQ)
Tencent Music Entertainment (TME) at 0.21 is near its industry mid-range for debt-to-equity ratio, while Live Nation Entertainment (LYV) at 5.10 sits above its benchmark range, pointing to a heavier debt load relative to equity.
LYV
Media & Entertainment industry group
5.10
- LYV
- 5.10
- Max
- 3.65
- Q3
- 1.69
- Median
- 0.46
- Q1
- 0.17
- Min
- 0.00
TME
Media & Entertainment industry group
0.21
- Max
- 3.65
- Q3
- 1.69
- Median
- 0.46
- TME
- 0.21
- Q1
- 0.17
- Min
- 0.00
Financial Strength Metrics
| Metric | LYV | TME |
|---|---|---|
| Current Ratio (MRQ) | 0.95 | 1.75 |
| Debt / Equity (MRQ) | 5.10 | 0.21 |
| Net Debt / EBITDA | 1.70 | -1.22 |
Dividends
Dividend Yield (TTM)
Live Nation Entertainment (LYV) pays no dividend (yield 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Tencent Music Entertainment (TME) reports a yield of 17.77%, ranking against industry peers normally.
LYV
Media & Entertainment industry group
0.00%
- Max
- 1.33%
- Q3
- 0.65%
- LYV
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TME
Media & Entertainment industry group
17.77%
- TME
- 17.77%
- Max
- 1.33%
- Q3
- 0.65%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Payout Ratio (TTM)
Live Nation Entertainment (LYV) pays no dividend (payout 0.00%) — it may be reinvesting, using buybacks, or simply not returning cash through dividends. Meanwhile Tencent Music Entertainment (TME) reports a payout of 29.65%, ranking against industry peers normally.
LYV
Media & Entertainment industry group
0.00%
- Max
- 71.43%
- Q3
- 28.98%
- LYV
- 0.00%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
TME
Media & Entertainment industry group
29.65%
- Max
- 71.43%
- TME
- 29.65%
- Q3
- 28.98%
- Median
- 0.00%
- Q1
- 0.00%
- Min
- 0.00%
Dividend Metrics
| Metric | LYV | TME |
|---|---|---|
| Dividend Yield (TTM) | 0.00% | 17.77% |
| Dividend Payout Ratio (TTM) | 0.00% | 29.65% |
Valuation
P/E Ratio (TTM)
An earnings multiple is available for just one side: Tencent Music Entertainment (TME) trades at 11.66 times trailing earnings, ranked against its peers, while Live Nation Entertainment (LYV) has no P/E ratio this period.
LYV
Media & Entertainment industry group
--
- Max
- 51.21
- Q3
- 28.90
- Median
- 17.98
- Q1
- 11.53
- Min
- 1.64
- LYV
- --
TME
Media & Entertainment industry group
11.66
- Max
- 51.21
- Q3
- 28.90
- Median
- 17.98
- TME
- 11.66
- Q1
- 11.53
- Min
- 1.64
P/S Ratio (TTM)
Tencent Music Entertainment (TME) at 0.46 sits in the cheaper P/S ratio quartile while Live Nation Entertainment (LYV) at 1.48 prices around its industry’s middle — TME costs less per dollar of sales, though read it alongside growth and margins.
LYV
Media & Entertainment industry group
1.48
- Max
- 7.43
- Q3
- 3.82
- LYV
- 1.48
- Median
- 1.40
- Q1
- 0.70
- Min
- 0.00
TME
Media & Entertainment industry group
0.46
- Max
- 7.43
- Q3
- 3.82
- Median
- 1.40
- Q1
- 0.70
- TME
- 0.46
- Min
- 0.00
P/B Ratio (MRQ)
Tencent Music Entertainment (TME) at 1.35 sits near its industry’s typical P/B ratio, while Live Nation Entertainment (LYV) at 88.69 prices above its benchmark range — LYV looks rich relative to book.
LYV
Media & Entertainment industry group
88.69
- LYV
- 88.69
- Max
- 11.45
- Q3
- 5.30
- Median
- 1.84
- Q1
- 0.77
- Min
- -2.61
TME
Media & Entertainment industry group
1.35
- Max
- 11.45
- Q3
- 5.30
- Median
- 1.84
- TME
- 1.35
- Q1
- 0.77
- Min
- -2.61
Valuation Metrics
| Metric | LYV | TME |
|---|---|---|
| P/E Ratio (TTM) | -- | 11.66 |
| P/S Ratio (TTM) | 1.48 | 0.46 |
| P/B Ratio (MRQ) | 88.69 | 1.35 |
| Free Cash Flow Yield (TTM) | 3.10% | 45.80% |