Tencent Music Entertainment TME
NYSE TME
$8.26 +0.05 (+0.61%)
At close: Sep 4, 2026 · 4:00 PM EDT

Tencent Music Entertainment (TME) EV to CFO (2018 - 2026)

Tencent Music Entertainment's (TME) quarterly EV to CFO came in at 6.2 in Q2 2026, down 72.47% year-over-year from 22.53 in Q2 2025, and down 20.72% quarter-over-quarter from 7.83 in Q1 2026.

Analysis

Tencent Music Entertainment (TME) EV to CFO (2018 - 2026) Analysis & Trends

Tencent Music Entertainment has disclosed EV to CFO across 9 years of filings, most recently posting 6.2 for Q2 2026.

  • In Q2 2026, EV to CFO fell 72.47% year-over-year to 6.2; the TTM figure through Jun 2026 stood at 6.2 (down 72.47% YoY), while the FY2025 annual figure was 16.76, up 67.2% from the prior year.
  • EV to CFO came in at 6.2 for Q2 2026 at Tencent Music Entertainment, down from 7.83 in the prior quarter.
  • In the past five years, EV to CFO ranged from a high of 23.32 in Q3 2025 to a low of 4.66 in Q3 2022.
  • Average EV to CFO over 5 years is 12.41, with a median of 12.02 recorded in 2023.
  • Year-over-year, EV to CFO plunged 80.49% in 2022 and soared 132.03% in 2024.
  • Over 5 years, EV to CFO stood at 15.04 in 2022, then increased by 0.95% to 15.18 in 2023, then tumbled by 34.76% to 9.91 in 2024, then soared by 88.43% to 18.67 in 2025, then sank by 66.76% to 6.2 in 2026.
  • Per Business Quant data, the three most recent EV to CFO figures were 6.2 in Q2 2026, 7.83 in Q1 2026, and 18.67 in Q4 2025.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 Netflix 325.83 Bn 316.70 Bn 6.52 Bn
2 Spotify Technology 111.63 Bn 100.71 Bn 1.86 Bn
3 Tencent Music Entertainment 13.00 Bn 9.90 Bn 582.00 Mn
4 FuboTV 1.22 Bn 3.14 Bn 399.10 Mn
5 Huya 947.78 Mn 587.52 Mn 37.58 Mn
6 iQIYI 849.12 Mn 364.94 Mn 152.37 Mn
7 Kaltura 229.15 Mn 197.85 Mn 34.54 Mn
8 CuriosityStream 160.17 Mn 111.78 Mn 16.93 Mn
9 Cineverse 54.91 Mn 50.59 Mn 10.66 Mn
10 LiveOne 47.57 Mn 47.56 Mn 3.94 Mn
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 6.20
Mar 31, 2026 7.83
Dec 31, 2025 18.67
Sep 30, 2025 23.32
Jun 30, 2025 22.53
Mar 31, 2025 13.57
Dec 31, 2024 9.91
Sep 30, 2024 15.24
Jun 30, 2024 17.97
Mar 31, 2024 13.84
Dec 31, 2023 15.18
Sep 30, 2023 6.57
Jun 30, 2023 7.96
Mar 31, 2023 10.47
Dec 31, 2022 15.04
Sep 30, 2022 4.66
Jun 30, 2022 7.12
Mar 31, 2022 7.34
Dec 31, 2021 9.84
Sep 30, 2021 11.53