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

Tencent Music Entertainment has disclosed EV to EBITDA across 9 years of filings, most recently posting 6.0 for Q2 2026.

• In Q2 2026, EV to EBITDA fell 69.2% year-over-year to 6.0; the TTM figure through Jun 2026 stood at 6.0 (down 69.2% YoY), while the FY2025 annual figure was 12.83, up 8.46% from the prior year.
• EV to EBITDA came in at 6.0 for Q2 2026 at Tencent Music Entertainment, down from 6.88 in the prior quarter.
• In the past five years, EV to EBITDA ranged from a high of 25.53 in Q4 2022 to a low of 6.0 in Q2 2026.
• Average EV to EBITDA over 5 years is 14.8, with a median of 14.38 recorded in 2023.
• Year-over-year, EV to EBITDA tumbled 71.53% in 2022 and surged 107.08% in 2024.
• Over 5 years, EV to EBITDA 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 soared by 46.94% to 17.12 in 2025, then slumped by 64.96% to 6.0 in 2026.
• Per Business Quant data, the three most recent EV to EBITDA figures were 6.0 in Q2 2026, 6.88 in Q1 2026, and 17.12 in Q4 2025.