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

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

• In Q2 2026, EV to FCF fell 72.4% year-over-year to 6.22; the TTM figure through Jun 2026 stood at 6.22 (down 72.4% YoY), while the FY2025 annual figure was 16.28, up 67.55% from the prior year.
• EV to FCF came in at 6.22 for Q2 2026 at Tencent Music Entertainment, down from 7.85 in the prior quarter.
• In the past five years, EV to FCF ranged from a high of 23.36 in Q3 2025 to a low of 4.59 in Q3 2022.
• Average EV to FCF over 5 years is 12.35, with a median of 11.95 recorded in 2023.
• Year-over-year, EV to FCF plunged 80.58% in 2022 and soared 133.62% in 2024.
• Over 5 years, EV to FCF stood at 14.86 in 2022, then climbed by 1.0% to 15.01 in 2023, then plunged by 34.24% to 9.87 in 2024, then jumped by 89.45% to 18.7 in 2025, then plunged by 66.74% to 6.22 in 2026.
• Per Business Quant data, the three most recent EV to FCF figures were 6.22 in Q2 2026, 7.85 in Q1 2026, and 18.7 in Q4 2025.