Tencent Music Entertainment (TCMEF) Enterprise Value (2016 - 2026)
Tencent Music Entertainment's (TCMEF) quarterly Enterprise Value came in at -$1.2 billion in Q1 2026, up 32.54% year-on-year from -$924.2 million in Q1 2025, and down 2.4% quarter-over-quarter from -$1.2 billion in Q4 2025.
Tencent Music Entertainment (TCMEF) Enterprise Value (2016 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Enterprise Value across 11 years of filings, most recently posting -$1.2 billion for Q1 2026.
- Enterprise Value for Q1 2026 came in at -$1.2 billion, up 32.54% year-over-year; the trailing twelve-month figure through Mar 2026 was -$1.2 billion (up 32.54% YoY), and the FY2025 annual result was -$1.2 billion, up 32.8% from the prior year.
- Enterprise Value came in at -$1.2 billion for Q1 2026 at Tencent Music Entertainment, down from -$1.2 billion in the prior quarter.
- In the past five years, Enterprise Value ranged from a high of -$1.2 billion in Q4 2025 to a low of -$3.8 billion in Q4 2024.
- The 5-year median for Enterprise Value is -$1.7 billion (2023), against an average of -$1.9 billion.
- Peak annual rise in Enterprise Value reached 68.36% in 2025, while the deepest fall reached 26.7% in 2025.
- Tencent Music Entertainment's Enterprise Value stood at -$2.9 billion in 2022, then slipped by 11.37% to -$3.3 billion in 2023, then slipped by 15.84% to -$3.8 billion in 2024, then jumped by 68.36% to -$1.2 billion in 2025, then slipped by 2.4% to -$1.2 billion in 2026.
- The last three Enterprise Value figures came in at -$1.2 billion (Q1 2026), -$1.2 billion (Q4 2025), and -$1.6 billion (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn | -9.63 Bn |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn | -215.62 Bn |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn | -81.18 Bn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn | -10.24 Bn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | -2.77 Bn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | -1.30 Bn | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn | -2.10 Bn |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn | -1.02 Bn |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn | -2.82 Bn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | -1.22 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -1.22 Bn |
| Dec 31, 2025 | -1.20 Bn |
| Sep 30, 2025 | -1.57 Bn |
| Jun 30, 2025 | -1.82 Bn |
| Mar 31, 2025 | -1.82 Bn |
| Dec 31, 2024 | -3.78 Bn |
| Sep 30, 2024 | -1.89 Bn |
| Jun 30, 2024 | -2.01 Bn |
| Mar 31, 2024 | -1.43 Bn |
| Dec 31, 2023 | -3.26 Bn |
| Sep 30, 2023 | -1.71 Bn |
| Jun 30, 2023 | -1.85 Bn |
| Mar 31, 2023 | -1.40 Bn |
| Dec 31, 2022 | -2.93 Bn |
| Sep 30, 2022 | -1.47 Bn |
| Jun 30, 2022 | -1.67 Bn |
| Mar 31, 2022 | -1.49 Bn |
| Dec 31, 2021 | -3.03 Bn |
| Sep 30, 2021 | -1.90 Bn |
| Jun 30, 2021 | -2.09 Bn |