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 EBIT (2018 - 2026)

Tencent Music Entertainment's (TME) quarterly EV to EBIT came in at 6.22 in Q2 2026, down 61.2% year-over-year from 16.04 in Q2 2025, and down 11.72% quarter-over-quarter from 7.05 in Q1 2026.

Analysis

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

Tencent Music Entertainment has disclosed EV to EBIT across 9 years of filings, most recently posting 6.22 for Q2 2026.

  • In Q2 2026, EV to EBIT fell 61.2% year-over-year to 6.22; the TTM figure through Jun 2026 stood at 6.22 (down 61.2% YoY), while the FY2025 annual figure was 12.83, up 8.46% from the prior year.
  • EV to EBIT came in at 6.22 for Q2 2026 at Tencent Music Entertainment, down from 7.05 in the prior quarter.
  • In the past five years, EV to EBIT ranged from a high of 25.53 in Q4 2022 to a low of 6.22 in Q2 2026.
  • Average EV to EBIT over 5 years is 14.11, with a median of 13.54 recorded in 2022.
  • Year-over-year, EV to EBIT tumbled 71.53% in 2022 and surged 107.08% in 2024.
  • Over 5 years, EV to EBIT stood at 25.53 in 2022, then fell by 28.67% to 18.21 in 2023, then slumped by 36.03% to 11.65 in 2024, then grew by 23.18% to 14.35 in 2025, then slumped by 56.63% to 6.22 in 2026.
  • Per Business Quant data, the three most recent EV to EBIT figures were 6.22 in Q2 2026, 7.05 in Q1 2026, and 14.35 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 6.22
Mar 31, 2026 7.05
Dec 31, 2025 14.35
Sep 30, 2025 18.66
Jun 30, 2025 16.04
Mar 31, 2025 11.83
Dec 31, 2024 11.65
Sep 30, 2024 18.50
Jun 30, 2024 22.16
Mar 31, 2024 16.83
Dec 31, 2023 18.21
Sep 30, 2023 8.93
Jun 30, 2023 10.79
Mar 31, 2023 14.04
Dec 31, 2022 25.53
Sep 30, 2022 7.31
Jun 30, 2022 13.05
Mar 31, 2022 12.75
Dec 31, 2021 13.58
Sep 30, 2021 16.42