Tencent Music Entertainment TME
NYSE TME
$8.27 -0.29 (-3.33%)
As of: Aug 31, 2026 · 3:59 PM EDT

Tencent Music Entertainment (TME) Enterprise Value (2016 - 2026)

Tencent Music Entertainment (TME) posted Enterprise Value of -$2.3 billion for Q1 2026, down 171.18% sequentially from -$847.4 million in Q4 2025, and down 60.69% YoY from -$5.8 billion in Q1 2025.

Analysis

Tencent Music Entertainment (TME) Enterprise Value (2016 - 2026) Analysis & Trends

Tencent Music Entertainment has reported Enterprise Value for 11 years, with the latest figure at -$2.3 billion in Q1 2026.

  • Quarterly Enterprise Value fell 60.69% year-over-year to -$2.3 billion in Q1 2026, while the trailing twelve-month figure through Mar 2026 was -$2.3 billion (down 60.69% YoY) and the FY2025 annual result came in at -$859.0 million, up 45.97% from the prior year.
  • Enterprise Value declined to -$2.3 billion in Q1 2026 per TME's latest filing, from -$847.4 million in the prior quarter.
  • Over five years, Enterprise Value peaked at -$847.4 million in Q4 2025 and troughed at -$3.5 billion in Q4 2024.
  • A 5-year average of -$1.6 billion and a median of -$1.4 billion in 2022 frame the typical range for Enterprise Value.
  • The sharpest annual moves came in 2024 and 2025: Enterprise Value sank 101.01% in 2024, then jumped 75.94% in 2025.
  • Over 5 years, Enterprise Value stood at -$1.2 billion in 2022, then tumbled by 40.53% to -$1.8 billion in 2023, then tumbled by 101.01% to -$3.5 billion in 2024, then surged by 75.94% to -$847.4 million in 2025, then sank by 171.18% to -$2.3 billion in 2026.
  • According to Business Quant data, Enterprise Value over the past three periods registered -$2.3 billion, -$847.4 million, and -$1.2 billion for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 Alphabet 4,083.83 Bn 3,654.79 Bn 73.85 Bn -429.04 Bn
2 Meta Platforms 1,456.07 Bn 1,365.81 Bn 49.47 Bn -90.26 Bn
3 Spotify Technology 111.71 Bn 104.79 Bn 1.86 Bn -6.92 Bn
4 Nebius 50.03 Bn 40.93 Bn 448.70 Mn -9.10 Bn
5 Reddit 28.44 Bn 25.65 Bn 734.60 Mn -2.79 Bn
6 Bilibili 13.59 Bn 11.45 Bn 433.97 Mn -2.14 Bn
7 Tencent Music Entertainment 12.71 Bn 9.21 Bn 582.00 Mn -3.09 Bn
8 Pinterest 12.21 Bn 10.93 Bn 922.30 Mn -1.27 Bn
9 Match 9.45 Bn 8.86 Bn 648.84 Mn -583.81 Mn
10 Snap 9.26 Bn 6.60 Bn 931.11 Mn -2.66 Bn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 -3.09 Bn
Mar 31, 2026 -2.26 Bn
Dec 31, 2025 -806.76 Mn
Sep 30, 2025 -1.20 Bn
Jun 30, 2025 -1.19 Bn
Mar 31, 2025 -1.39 Bn
Dec 31, 2024 1.83 Bn
Jun 30, 2024 -1.60 Bn
Mar 31, 2024 -1.22 Bn
Dec 31, 2023 193.19 Mn
Sep 30, 2023 -1.54 Bn
Jun 30, 2023 -1.69 Bn
Mar 31, 2023 -1.62 Bn
Dec 31, 2022 3.57 Bn
Sep 30, 2022 -2.61 Bn
Jun 30, 2022 -1.51 Bn
Mar 31, 2022 -1.37 Bn
Dec 31, 2021 -3.40 Bn
Sep 30, 2021 -858.49 Mn
Jun 30, 2021 -1.33 Bn