Tencent Music Entertainment (TME) Enterprise Value (2016 - 2024)
Tencent Music Entertainment (TME) has disclosed Enterprise Value for 9 consecutive years, with -$3.8 billion as the latest value for Q4 2024.
- Quarterly Enterprise Value fell 15.84% to -$3.8 billion in Q4 2024 from the year-ago period, while the trailing twelve-month figure was -$3.8 billion through Dec 2024, down 15.84% year-over-year, with the annual reading at -$3.8 billion for FY2024, 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.
- The five-year high for Enterprise Value was -$2.9 billion in Q4 2022, with the low at -$3.9 billion in Q4 2020.
- Average Enterprise Value over 5 years is -$3.4 billion, with a median of -$3.3 billion recorded in 2023.
- The sharpest move saw Enterprise Value dropped 23.23% in 2020, then rose 22.77% in 2021.
- Over 5 years, Enterprise Value stood at -$3.9 billion in 2020, then grew 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 fell by 15.84% to -$3.8 billion in 2024.
- According to Business Quant data, Enterprise Value over the past three periods came in at -$3.8 billion, -$3.3 billion, and -$2.9 billion for Q4 2024, Q4 2023, and Q4 2022 respectively.