Tencent Music Entertainment (TME) Price to FCF (2018 - 2026)
Tencent Music Entertainment's (TME) quarterly Price to FCF came in at 8.14 in Q2 2026, down 67.17% year-over-year from 24.78 in Q2 2025, and down 20.77% quarter-over-quarter from 10.27 in Q1 2026.
Analysis
Tencent Music Entertainment (TME) Price to FCF (2018 - 2026) Analysis & Trends
Tencent Music Entertainment has disclosed Price to FCF across 9 years of filings, most recently posting 8.14 for Q2 2026.
- In Q2 2026, Price to FCF fell 67.17% year-over-year to 8.14; the TTM figure through Jun 2026 stood at 8.14 (down 67.17% YoY), while the FY2025 annual figure was 18.32, up 51.36% from the prior year.
- Price to FCF came in at 8.14 for Q2 2026 at Tencent Music Entertainment, down from 10.27 in the prior quarter.
- In the past five years, Price to FCF ranged from a high of 25.27 in Q3 2025 to a low of 7.49 in Q3 2022.
- Average Price to FCF over 5 years is 13.97, with a median of 12.75 recorded in 2023.
- Year-over-year, Price to FCF slumped 77.92% in 2022 and jumped 79.87% in 2024.
- Over 5 years, Price to FCF stood at 11.71 in 2022, then climbed by 26.6% to 14.82 in 2023, then retreated by 16.74% to 12.34 in 2024, then surged by 56.04% to 19.26 in 2025, then plunged by 57.75% to 8.14 in 2026.
- Per Business Quant data, the three most recent Price to FCF figures were 8.14 in Q2 2026, 10.27 in Q1 2026, and 19.26 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
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 8.14 |
| Mar 31, 2026 | 10.27 |
| Dec 31, 2025 | 19.26 |
| Sep 30, 2025 | 25.27 |
| Jun 30, 2025 | 24.78 |
| Mar 31, 2025 | 15.99 |
| Dec 31, 2024 | 12.34 |
| Sep 30, 2024 | 15.18 |
| Jun 30, 2024 | 19.14 |
| Mar 31, 2024 | 16.73 |
| Dec 31, 2023 | 14.82 |
| Sep 30, 2023 | 9.07 |
| Jun 30, 2023 | 10.64 |
| Mar 31, 2023 | 13.16 |
| Dec 31, 2022 | 11.71 |
| Sep 30, 2022 | 7.49 |
| Jun 30, 2022 | 8.65 |
| Mar 31, 2022 | 8.74 |
| Dec 31, 2021 | 13.83 |
| Sep 30, 2021 | 12.27 |