Tencent Music Entertainment Group (TCMEF) stock
TCMEFOTCRadio Broadcasting StationsFiscal year ends December 31Also trades as TME
$4.69+0.70 (+17.54%)
Close on Oct 19, 2026Market cap $7.38BP/E –Yield –
Tencent Music Entertainment enterprise value
Enterprise value is market cap plus debt, minus cash: the value of the whole business to all its investors.
Tencent Music Entertainment's enterprise value was $12.89B on Nov 3, 2026, against $27.28B a year earlier. Over the last 5 years it ranged from $5.27B to $36.80B, with a median of $13.42B.
Enterprise Value at the end of each year
| Period | Period end | Value | Change |
|---|---|---|---|
| 2026 | Nov 3, 2026 | $12.89B | -50.1% |
| 2025 | Dec 31, 2025 | $25.83B | +58.4% |
| 2024 | Dec 31, 2024 | $16.30B | +21.9% |
| 2023 | Dec 29, 2023 | $13.37B | +2.3% |
| 2022 | Dec 30, 2022 | $13.07B | +32.9% |
| 2021 | Dec 31, 2021 | $9.84B | -67.6% |
| 2020 | Dec 31, 2020 | $30.41B | +89.4% |
| 2019 | Dec 31, 2019 | $16.06B | -3.8% |
| 2018 | Dec 31, 2018 | $16.70B | – |
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