Tencent Music Entertainment Group (BKK:TME23)

BKK:TME23 Ratios and Metrics

Market cap in millions THB. Fiscal year is January - December.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 8, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	925,469	616,391	490,110	458,563	384,971	968,885
Market Cap Growth	46.45%	25.77%	6.88%	19.12%	-60.27%	69.59%
Enterprise Value	854,963	514,149	420,165	401,449	312,183	884,139
PE Ratio	18.77	19.73	20.55	24.88	24.32	50.71
PS Ratio	6.40	4.62	3.64	3.23	2.36	7.23
PB Ratio	2.37	1.88	1.77	1.86	1.44	4.00
P/TBV Ratio	3.56	2.99	3.17	3.85	2.74	6.44
P/FCF Ratio	20.29	13.17	14.10	12.37	14.50	44.11
P/OCF Ratio	19.66	12.76	13.78	12.23	14.06	43.14
EV/Sales Ratio	6.03	3.85	3.12	2.83	1.91	6.60
EV/EBITDA Ratio	14.95	13.19	15.15	17.01	14.42	40.24
EV/EBIT Ratio	15.99	14.44	17.34	22.56	19.02	47.58
EV/FCF Ratio	18.74	10.98	12.08	10.83	11.76	40.25
Debt / Equity Ratio	0.05	0.09	0.11	0.12	0.11	0.10
Debt / EBITDA Ratio	0.30	0.72	1.03	1.27	1.29	1.13
Debt / FCF Ratio	0.39	0.61	0.84	0.81	1.06	1.15
Asset Turnover	0.34	0.34	0.39	0.42	0.46	0.48
Inventory Turnover	474.48	1056.52	1632.46	1029.79	1040.00	902.32
Quick Ratio	1.81	1.92	2.27	2.03	2.32	3.02
Current Ratio	2.09	2.09	2.49	2.27	2.56	3.30
Return on Equity (ROE)	14.79%	11.20%	9.82%	7.66%	6.19%	8.66%
Return on Assets (ROA)	7.84%	5.70%	4.38%	3.31%	2.90%	4.18%
Return on Capital (ROIC)	9.25%	6.81%	5.28%	3.98%	3.42%	4.95%
Return on Capital Employed (ROCE)	13.10%	10.20%	7.90%	6.40%	5.50%	6.90%
Earnings Yield	5.33%	5.07%	4.87%	4.02%	4.11%	1.97%
FCF Yield	4.93%	7.60%	7.09%	8.08%	6.90%	2.27%
Payout Ratio	13.95%	22.70%	-	-	-	-
Buyback Yield / Dilution	0.96%	1.18%	2.04%	3.82%	-0.08%	-0.39%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.