Netflix, Inc. vs Tencent Music Entertainment Group, two Entertainment stocks. A side-by-side on valuation, growth, margins, returns, and what each price is betting.
Where NFLX and TME diverge most: on revenue growth, NFLX reads +16.7% and TME reads -0.5%; on debt / equity, NFLX reads 0.46 and TME reads 0.00. The rest of the comparable metrics sit closer together. What NFLX's price implies is a somewhat stretched bet versus history (whole-company basis). What TME's price implies is a bet that sits within the historical range (whole-company basis). The bull and bear cases for each are in their full reports below.
| Metric | NFLX | TME |
|---|---|---|
| Price | $73.38 | $8.89 |
| Market cap | $315.4B | $13.7B |
| Sector | Entertainment | Entertainment |
| Stage | Growth | Mature |
| Implied growth (priced in) | +21.6% | — |
| P/E | 23.7 | — |
| P/B | 10.13 | 1.43 |
| P/S | 6.73 | 3.50 |
| EV/EBITDA | 22.2 | 9.9 |
| Revenue growth | +16.7% | -0.5% |
| Gross margin | — | 42.3% |
| Operating margin | 32.3% | 30.7% |
| Net margin | 22.5% | 25.0% |
| Return on equity | 34.0% | 10.2% |
| Return on assets | 17.3% | 7.9% |
| Return on invested capital | 24.7% | 10.2% |
| FCF yield | 3.8% | 10.0% |
| Debt / equity | 0.46 | 0.00 |
| Current ratio | 1.41 | 2.09 |
| Altman Z (solvency) | 8.17 | 4.06 |
| Piotroski F (quality) | 6 / 9 | 7 / 9 |
Each week boothcheck ranks the stocks whose prices are betting on the most. Read the most stretched bets archive →
boothcheck is also on Android. Get the app on Google Play →
The stronger value is highlighted per metric where one is strictly better on that single number; it is not an overall verdict on either company. For informational and research purposes only. Not investment advice. Not a recommendation to buy, sell, or hold any security. boothcheck is not a registered investment adviser. Past performance does not guarantee future results.