Tencent Music Entertainment (TCMEF) Enterprise Value (2016 - 2026)
Tencent Music Entertainment recorded quarterly Enterprise Value of -$2.7 billion in Q1 2026, down 122.42% quarter-over-quarter from -$1.2 billion in Q4 2025, and down 46.53% year-over-year from -$5.0 billion in Q1 2025.
Tencent Music Entertainment's Enterprise Value history runs 11 years deep, the most recent figure standing at -$2.7 billion for Q1 2026.
- In Q1 2026, Enterprise Value fell 46.53% year-over-year to -$2.7 billion; the TTM figure through Mar 2026 stood at -$2.7 billion (down 46.53% YoY), while the FY2025 annual figure was -$1.2 billion, up 32.8% from the prior year.
- Enterprise Value came in at -$2.7 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.
- A 5-year average of -$2.0 billion and a median of -$1.8 billion in 2024 frame the typical range for Enterprise Value.
- Across the five-year window, Enterprise Value jumped 68.36% in 2025 and plunged 46.53% in 2026, its largest moves.
- Tencent Music Entertainment's Enterprise Value stood at -$2.9 billion in 2022, then dropped by 11.37% to -$3.3 billion in 2023, then dropped by 15.84% to -$3.8 billion in 2024, then surged by 68.36% to -$1.2 billion in 2025, then plunged by 122.42% to -$2.7 billion in 2026.
- According to Business Quant data, Enterprise Value over the past three periods registered -$2.7 billion, -$1.2 billion, and -$1.8 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Enterprise Value (Qtr) |
|---|---|---|---|---|---|
| 1 | Alphabet | 4,554.43 Bn | 4,338.81 Bn | 102.29 Bn | -215.62 Bn |
| 2 | Meta Platforms | 1,602.78 Bn | 1,521.60 Bn | 46.09 Bn | -81.18 Bn |
| 3 | Spotify Technology | 119.86 Bn | 109.62 Bn | 1.75 Bn | -10.24 Bn |
| 4 | 33.71 Bn | 30.94 Bn | 511.94 Mn | -2.77 Bn | |
| 5 | Nebius | 22.38 Bn | 22.38 Bn | 295.20 Mn | -9.30 Bn |
| 6 | 12.76 Bn | 11.46 Bn | 768.96 Mn | -1.30 Bn | |
| 7 | Kanzhun | 12.59 Bn | 10.49 Bn | 255.62 Bn | -2.10 Bn |
| 8 | Snap | 9.64 Bn | 6.81 Bn | 1.29 Bn | -2.82 Bn |
| 9 | Match | 8.43 Bn | 7.41 Bn | 653.28 Mn | -1.02 Bn |
| 10 | Tencent Music Entertainment | - | - | 514.00 Mn | -2.66 Bn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -2.67 Bn |
| Dec 31, 2025 | -1.20 Bn |
| Sep 30, 2025 | -1.84 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 | -1.90 Bn |
| Dec 31, 2023 | -3.26 Bn |
| Sep 30, 2023 | -1.71 Bn |
| Jun 30, 2023 | -1.85 Bn |
| Mar 31, 2023 | -1.78 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 | -961.49 Mn |
| Jun 30, 2021 | -2.09 Bn |
| Mar 31, 2021 | -1.95 Bn |
| Dec 31, 2020 | -3.92 Bn |
| Sep 30, 2020 | -2.23 Bn |
| Jun 30, 2020 | -2.19 Bn |
| Mar 31, 2020 | -2.18 Bn |
| Dec 31, 2019 | -2.19 Bn |
| Sep 30, 2019 | -2.86 Bn |
| Jun 30, 2019 | -2.84 Bn |
| Mar 31, 2019 | -2.19 Bn |
| Dec 31, 2018 | -2.99 Bn |
| Sep 30, 2018 | -1.70 Bn |
| Jun 30, 2018 | -1.50 Bn |
| Mar 31, 2018 | -1.22 Bn |
| Dec 31, 2017 | -782.01 Mn |
| Dec 31, 2016 | -450.10 Mn |