Tencent Music Entertainment Group (TME) Market Cap
Market Cap: $9.80B
Avg Volume: 8.27M
Industry: Internet Content & Information
Sector: Communication Services
Market Cap Overview
Market Cap
$9.80B
Share Price
$14
Shares Outstanding
699.71M
What is Tencent Music Entertainment Group's Market Cap?
Tencent Music Entertainment Group's current Market Cap as of today is $9.80B.
Understanding Market Capitalization
Market Capitalization (Market Cap) is the total value of a company's outstanding shares of stock. It is calculated by multiplying the current market price of one share by the total number of outstanding shares.
- It provides a straightforward method of gauging a company's size.
- Market Cap can be used to compare companies within the same industry.
How is Market Cap calculated?
Market Cap is calculated by multiplying the current share price by the total number of outstanding shares:
Market Cap = Current Share Price × Total Shares Outstanding
In the case of Tencent Music Entertainment Group, the market cap is calculated as $14 x 699.71M shares = $9.80B.
As a Mid Cap company, Tencent Music Entertainment Group is a medium-sized company with significant growth potential.
Tencent Music Entertainment Group Historical Market Cap
Tencent Music Entertainment Group Market Cap vs Enterprise Value
Understanding Market Cap vs. Enterprise Value
While market cap represents the equity value of Tencent Music Entertainment Group, enterprise value provides a more complete picture of the company's total value by including debt and cash:
Enterprise Value = Market Cap + Total Debt - Cash and Equivalents
Tencent Music Entertainment Group's enterprise value as of December 31, 2024 (Q4 2024) is calculated as:
- Market Cap: $9.80B
- Total Debt: $3.90B
- Cash and Equivalents: $13.16B
- Enterprise Value: $248.07B
The difference between market cap and enterprise value can indicate the company's financial leverage and cash position. A higher enterprise value suggests significant debt levels.
Tencent Music Entertainment Group Annual Market Cap History
| Year | Market Cap | Change |
|---|---|---|
| 2025 | $9.80B | -96.23% |
| 2024 | $259.62B | 27.91% |
| 2023 | $202.98B | 10.93% |
| 2022 | $182.98B | 26.62% |
| 2021 | $144.51B | -65.26% |
| 2020 | $415.98B | 55.52% |
| 2019 | $267.48B | -4.34% |
| 2018 | $279.61B | -5.54% |
| 2017 | $296.00B | -6.29% |
| 2016 | $315.87B | N/A |
Frequently Asked Questions
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Explore detailed financial metrics and analysis for TME.