Tencent Music Entertainment Group

Tencent Music Entertainment Groupverified

TME

Price:

$10.09

Market Cap:

$109.61B

Tencent Music Entertainment Group operates online music entertainment platforms to provide music streaming, online karaoke, and live streaming services in the People's Republic of China. It offers QQ Music, Kugou Music, and Kuwo Music that enable users to discover and listen to music in personalized ways; and WeSing, which enables users to have fun by singing and interacting with friends, sharing their singing performances with friends, and discovering songs that others have sung. The company also operates Kugou Music, Kuwo Music, WeSing, QQ Music, Kugou Live, and Kuwo Live that provides an interactive online stage for performers and users to showcase their talent and engage with those inter...[Read more]

Industry

Internet Content & Information

IPO Date

2018-12-12

Stock Exchange

NYSE

Ticker

TME

The Enterprise Value as of March 2026 (TTM) for Tencent Music Entertainment Group (TME) is 104.93B

According to Tencent Music Entertainment Group’s latest financial reports and current stock price. The company's current Enterprise Value is 104.93B. This represents a change of -47.55% compared to the average of 200.07B of the last 4 quarters.

Tencent Music Entertainment Group (TME) Historical Enterprise Value (quarterly & annually)

How has TME Enterprise Value performed in the past?

The mean historical Enterprise Value of Tencent Music Entertainment Group over the last ten years is 74.39B. The current 104.93B Enterprise Value has changed 14.01% with respect to the historical average. Over the past ten years (40 quarters), TME's Enterprise Value was at its highest in in the September 2025 quarter at 255.79B. The Enterprise Value was at its lowest in in the September 2017 quarter at 0.

Quarterly (TTM)
Annual

Average

74.39B

Median

48.98B

Minimum

31.83B

Maximum

185.42B

Tencent Music Entertainment Group (TME) Enterprise Value by Quarter and Year

Discovering the peaks and valleys of Tencent Music Entertainment Group Enterprise Value, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 84.48%

Maximum Annual Enterprise Value = 185.42B

Minimum Annual Increase = -27.82%

Minimum Annual Enterprise Value = 31.83B

Quarterly (TTM)
Annual
YearEnterprise ValueChange
2025185.42B52.97%
2024121.21B34.79%
202389.92B1.45%
202288.64B84.48%
202148.05B5.60%
202045.50B15.69%
201939.33B23.54%
201831.83B-27.82%
201744.11B-11.65%

Tencent Music Entertainment Group (TME) Average Enterprise Value

How has TME Enterprise Value performed in the past?

The current Enterprise Value of Tencent Music Entertainment Group (TME) is less than than its 3-year, less than than its 5-year, and greater than its 10-year historical averages

3-year avg

132.19B

5-year avg

106.65B

10-year avg

74.39B

Tencent Music Entertainment Group (TME) Enterprise Value vs. Peers

How is TME’s Enterprise Value compared to its peers?

Tencent Music Entertainment Group’s Enterprise Value is greater than Reddit, Inc. (25.77B), less than Baidu, Inc. (352.89B), less than Chunghwa Telecom Co., Ltd. (1.04T), less than Charter Communications, Inc. (123.62B), greater than Live Nation Entertainment, Inc. (39.92B), greater than Nebius Group N.V. (29.44B), greater than Liberty Live Group (8.89B), greater than Pinterest, Inc. (11.91B), greater than Vodafone Group Public Limited Company (75.59B),

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Frequently asked questions❓

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How does the current Enterprise Value for Tencent Music Entertainment Group (TME) compare to its historical average?