Tencent Music Entertainment Group (TME) Enterprise Value
Price: $14.00
Market Cap: $9.80B
Avg Volume: 8.16M
Market Cap: $9.80B
Avg Volume: 8.16M
Country: CN
Industry: Internet Content & Information
Sector: Communication Services
Industry: Internet Content & Information
Sector: Communication Services
Enterprise Value Summary (Quarterly)
According to Tencent Music Entertainment Group's latest quarterly financial reports:
- The enterprise value (EV) is 119.40B, which includes the market capitalization, debt, and subtracts cash and cash equivalents. EV provides a more comprehensive measure of a company's total value.
- The market capitalization is 259.62B, which is calculated by multiplying the current share price by the total number of outstanding shares.
- The stock price is $82.84138, with 3.11B shares outstanding.
- The company has 13.16B in cash and cash equivalents and 3.90B in total debt.
Enterprise Value (EV) Formula:
EV = Market Cap + Total Debt - Cash and Cash Equivalents
Enterprise value is often used instead of market cap because it provides a more accurate valuation of a company by including debt and subtracting cash, giving a fuller picture of the company's total value.
Enterprise Value
$119.40B
Market Cap
$128.67B
Total Debt
$3.90B
Cash and Equivalents
$13.16B
Historical Enterprise Value
Tencent Music Entertainment Group Historical Enterprise Values
The table below shows various enterprise value metrics for each quarter, with the latest data available for 2024-12-31.
| Date | Enterprise Value | EV Change (%) | Stock Price | Number of Shares | Market Cap | Cash & Equivalents | Total Debt |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | $119.40B | -6.33% | $82.84138 | 3.11B | $128.67B | $13.16B | $3.90B |
| September 30, 2024 | $127.47B | -17.58% | $84.556055 | 3.17B | $133.85B | $10.21B | $3.83B |
| June 30, 2024 | $154.65B | 29.22% | $104.204478 | 3.09B | $160.87B | $12.25B | $6.03B |
| March 31, 2024 | $119.68B | 27.42% | $80.3976 | 3.08B | $123.89B | $10.22B | $6.00B |
| December 31, 2023 | $93.92B | 40.66% | $63.946673 | 3.17B | $101.44B | $13.57B | $6.05B |
| September 30, 2023 | $66.77B | 87.74% | $46.57719 | 3.13B | $73.01B | $12.38B | $6.14B |
| June 30, 2023 | $35.57B | -56.86% | $53.513118 | 1.58B | $42.39B | $12.95B | $6.12B |
| March 31, 2023 | $82.45B | -4.30% | $56.859587999999995 | 3.12B | $88.72B | $12.13B | $5.86B |
| December 31, 2022 | $86.16B | 98.65% | $57.10881599999999 | 3.14B | $89.75B | $9.55B | $5.96B |
| September 30, 2022 | $43.37B | -13.26% | $28.880809999999997 | 3.18B | $45.86B | $8.58B | $6.09B |
| June 30, 2022 | $50.00B | 5.22% | $33.629984 | 3.23B | $54.25B | $10.04B | $5.80B |
| March 31, 2022 | $47.52B | -32.33% | $30.88554 | 3.27B | $50.55B | $8.35B | $5.33B |
| December 31, 2021 | $70.23B | -9.53% | $43.511885 | 3.28B | $71.46B | $6.59B | $5.36B |
| September 30, 2021 | $77.62B | -53.14% | $46.73785 | 3.31B | $77.25B | $5.08B | $5.45B |
| June 30, 2021 | $165.65B | -24.86% | $99.948168 | 3.34B | $167.03B | $6.82B | $5.44B |
| March 31, 2021 | $220.47B | 8.70% | $134.26277399999998 | 3.35B | $225.22B | $10.27B | $5.53B |
| December 31, 2020 | $202.82B | 25.02% | $125.541 | 3.32B | $208.45B | $11.13B | $5.50B |
| September 30, 2020 | $162.22B | 11.33% | $100.298639 | 3.32B | $166.33B | $9.64B | $5.53B |
| June 30, 2020 | $145.72B | 37.89% | $95.09490000000001 | 3.31B | $157.36B | $11.78B | $136.00M |
| March 31, 2020 | $105.67B | -11.58% | $71.248944 | 3.31B | $117.81B | $12.27B | $132.00M |
| December 31, 2019 | $119.51B | -7.57% | $81.73035800000001 | 3.30B | $134.79B | $15.43B | $147.00M |
| September 30, 2019 | $129.30B | -15.66% | $91.274852 | 3.27B | $149.19B | $20.04B | $143.00M |
| June 30, 2019 | $153.31B | -19.46% | $106.1626 | 3.25B | $172.52B | $19.35B | $140.00M |
| March 31, 2019 | $190.34B | 52.40% | $126.241434 | 3.25B | $204.95B | $14.70B | $93.00M |
| December 31, 2018 | $124.89B | -12.65% | $90.89278800000001 | 3.13B | $142.11B | $17.36B | $143.00M |
| September 30, 2018 | $142.97B | 2.19% | $96.1632 | 3.21B | $154.50B | $11.53B | $- |
| June 30, 2018 | $139.91B | -4.72% | $92.638 | 3.23B | $149.44B | $9.53B | $- |
| March 31, 2018 | $146.84B | 3.58% | $87.8192 | 3.23B | $141.67B | $-5.17B | $- |
| December 31, 2017 | $141.76B | -5.65% | $91.0868 | 3.23B | $146.94B | $5.17B | $- |
| September 30, 2017 | $150.26B | 19.94% | $93.1448 | 3.23B | $150.26B | $- | $- |
| June 30, 2017 | $125.28B | -4.02% | $94.9088 | 2.64B | $125.28B | $- | $- |
| March 31, 2017 | $130.53B | -2.12% | $96.3634 | 2.64B | $127.20B | $-3.33B | $- |
| December 31, 2016 | $133.36B | 4.21% | $97.2006 | 2.81B | $136.43B | $3.07B | $- |
| September 30, 2016 | $127.97B | 5.83% | $93.359 | 2.81B | $131.04B | $3.07B | $- |
| July 12, 2016 | $120.92B | 3.54% | $93.62639999999999 | 2.60B | $121.59B | $674.46M | $- |
| April 12, 2016 | $116.79B | - | $90.447 | 2.60B | $117.46B | $674.46M | $- |
Related Metrics
Explore detailed financial metrics and analysis for TME.