Tencent Music Entertainment Group (TCMEF) Enterprise Value (2016 - 2024)
Tencent Music Entertainment's Enterprise Value history spans 9 years, with the latest figure at -$3.8 billion for Q4 2024.
- For Q4 2024, Enterprise Value fell 15.84% year-over-year to -$3.8 billion; the TTM value through Dec 2024 reached -$3.8 billion, down 15.84%, while the annual FY2024 figure was -$3.8 billion, 15.84% down from the prior year.
- Enterprise Value for Q4 2024 was -$3.8 billion at Tencent Music Entertainment, down from -$3.3 billion in the prior quarter.
- Across five years, Enterprise Value topped out at -$2.9 billion in Q4 2022 and bottomed at -$3.9 billion in Q4 2020.
- The 5-year median for Enterprise Value is -$3.3 billion (2023), against an average of -$3.4 billion.
- The largest annual shift saw Enterprise Value decreased 23.23% in 2020 before it grew 22.77% in 2021.
- A 5-year view of Enterprise Value shows it stood at -$3.9 billion in 2020, then rose by 22.77% to -$3.0 billion in 2021, then rose by 3.21% to -$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.
- Per Business Quant, the three most recent readings for TCMEF's Enterprise Value are -$3.8 billion (Q4 2024), -$3.3 billion (Q4 2023), and -$2.9 billion (Q4 2022).