TME vs PNW

Comparison between Tencent Music Entertainment Group (TME, Company) and Pinnacle West Capital Corp (PNW, Company).

TME is from the Communication Services sector, while PNW is from the Utilities sector.

5-Year PerformancePNW has outperformed TME, delivering a return of +10.2% compared to -11.0%

TME vs PNW - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	TME(COMPANY)	PNW(COMPANY)
Market Cap	$13B	$13B
Max Drawdown	90.19%	56.65%
Sharpe Ratio	-1.55	1.15
5Y Beta	0.71	0.12
Industry	Internet Content & Information	Utilities - Regulated Electric
P/E Ratio	10.50	19.43
Forward P/E	8.59	22.47
PEG Ratio	1.08	3.16
Dividend Yield	2.93%	3.47%
5Y Dividends CAGR	N/A	6.67%
5Y EPS CAGR	24.42%	-1.71%
Debt to Equity	6.51%	147.16%
Free Cash Flow Yield	5.86%	12.81%
P/S Ratio	0.40	2.34
P/B Ratio	1.22	1.81

Market Cap

TME

$13B

Winner

PNW

$13B

Max Drawdown

TME

90.19%

Winner

PNW

56.65%

Sharpe Ratio

TME

-1.55

Winner

PNW

1.15

5Y Beta

TME

0.71

Winner

PNW

0.12

Industry

TME

Internet Content & Information

PNW

Utilities - Regulated Electric

P/E Ratio

Winner

TME

10.50

PNW

19.43

Forward P/E

Winner

TME

8.59

PNW

22.47

PEG Ratio

Winner

TME

1.08

PNW

3.16

Dividend Yield

TME

2.93%

Winner

PNW

3.47%

5Y Dividends CAGR

TME

N/A

PNW

6.67%

5Y EPS CAGR

Winner

TME

24.42%

PNW

-1.71%

Debt to Equity

Winner

TME

6.51%

PNW

147.16%

Free Cash Flow Yield

TME

5.86%

Winner

PNW

12.81%

P/S Ratio

Winner

TME

0.40

PNW

2.34

P/B Ratio

Winner

TME

1.22

PNW

1.81

TME vs PNW - Historical Returns

Returns include dividend reinvestment.

Period	TME	PNW
1 month	-8.71%	+5.11%
3 months	-9.28%	+10.64%
6 months	-51.14%	+24.58%
1 year	-53.96%	+26.27%
5 years(CAGR)	-11.03%	+10.24%
10 years(CAGR)	N/A	+7.31%
Max(CAGR)	-5.97%	+8.76%

TME

-8.71%

Winner

PNW

+5.11%

TME

-9.28%

Winner

PNW

+10.64%

TME

-51.14%

Winner

PNW

+24.58%

TME

-53.96%

Winner

PNW

+26.27%

5Y(CAGR)

TME

-11.03%

Winner

PNW

+10.24%

10Y(CAGR)

TME

N/A

PNW

+7.31%

Max(CAGR)

TME

-5.97%

Winner

PNW

+8.76%

TME vs PNW - Annual Returns (1999 - 2026)

Returns include dividend reinvestment.

Year	TME	PNW
2026	-51.79%	+24.95%
2025	+56.81%	+9.47%
2024	+31.24%	+21.11%
2023	+4.77%	+0.66%
2022	+20.88%	+14.35%
2021	-64.64%	-6.79%
2020	+53.18%	-6.39%
2019	-9.69%	+12.10%
2018	-5.57%	+5.16%
2017	N/A	+13.70%
2016	N/A	+26.11%
2015	N/A	-2.47%
2014	N/A	+36.73%
2013	N/A	+4.94%
2012	N/A	+11.13%
2011	N/A	+21.91%
2010	N/A	+18.70%
2009	N/A	+18.06%
2008	N/A	-18.11%
2007	N/A	-13.63%
2006	N/A	+25.10%
2005	N/A	-1.97%
2004	N/A	+15.32%
2003	N/A	+20.14%
2002	N/A	-15.91%
2001	N/A	-6.62%
2000	N/A	+66.55%
1999	N/A	-16.71%

TME vs PNW Drawdown Comparison

The maximum drawdown for TME was -90.19%, occurring on Mar 14, 2022. This drawdown has not yet recovered.

The maximum drawdown for PNW was -53.35%, occurring on Oct 9, 2002. Recovery took 1026 trading sessions.

The current TME drawdown is -72.32%.

Rank	TME	PNW
#1	-90.19% Mar 23, 2021 - Mar 14, 2022	-53.35% Oct 2, 2000 - Nov 3, 2004
#2	-50.55% Mar 18, 2019 - Dec 30, 2020	-49.51% Jan 4, 2007 - Sep 28, 2010
#3	-14.29% Dec 12, 2018 - Jan 18, 2019	-39.28% Feb 21, 2020 - Jul 31, 2024
#4	-12.38% Jan 24, 2019 - Feb 12, 2019	-28.96% Nov 2, 1999 - May 8, 2000
#5	-12.12% Feb 16, 2021 - Mar 18, 2021	-20.89% Jan 22, 2015 - Feb 3, 2016
#6	-8.79% Feb 2, 2021 - Feb 16, 2021	-18.48% Nov 30, 2017 - Nov 12, 2018
#7	-8.69% Feb 25, 2019 - Mar 18, 2019	-15.59% May 12, 2011 - Oct 18, 2011
#8	-4.83% Feb 14, 2019 - Feb 19, 2019	-15.01% May 3, 2013 - Oct 20, 2014
#9	-3.16% Jan 19, 2021 - Jan 22, 2021	-14.10% Aug 2, 2005 - Aug 18, 2006
#10	-2.24% Jan 25, 2021 - Feb 2, 2021	-13.50% Nov 27, 2024 - Mar 3, 2025
#11	-1.67% Jan 6, 2021 - Jan 8, 2021	-12.38% Jun 6, 2019 - Jan 27, 2020
#12	-1.63% Feb 20, 2019 - Feb 22, 2019	-11.25% Jul 5, 2016 - Feb 24, 2017
#13	-1.44% Jan 12, 2021 - Jan 14, 2021	-10.68% Dec 13, 2018 - Feb 21, 2019
#14	-0.87% Feb 12, 2019 - Feb 14, 2019	-10.25% May 11, 2000 - Jul 24, 2000
#15	-0.33% Jan 8, 2021 - Jan 12, 2021	-8.43% Aug 7, 2025 - Jan 16, 2026

Correlation

Correlation between TME and PNW is 0.28 which considered as a very weak or no correlation - the stocks move independently of each other.

0.28

-101

Dividend Comparison (2000 - 2026)

TME vs PNW dividend yield comparison.

Year	TME	PNW
2026	2.86%	1.68%
2025	1.03%	4.05%
2024	1.21%	4.17%
2023	0.00%	4.84%
2022	0.00%	4.49%
2021	0.00%	4.73%
2020	0.00%	3.97%
2019	0.00%	3.33%
2018	0.00%	3.31%
2017	0.00%	3.12%
2016	0.00%	3.24%
2015	0.00%	3.74%
2014	0.00%	3.36%
2013	0.00%	4.16%
2012	0.00%	4.16%
2011	0.00%	4.36%
2010	0.00%	5.07%
2009	0.00%	5.74%
2008	0.00%	6.54%
2007	0.00%	4.95%
2006	0.00%	3.99%
2005	0.00%	4.66%
2004	0.00%	4.11%
2003	0.00%	4.31%
2002	0.00%	4.77%
2001	0.00%	3.64%
2000	0.00%	2.99%