Tencent Music Entertainment Group (TME)

TME Ratios and Metrics

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

Fiscal Year	Current	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Dec 20, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Market Capitalization	18,908	14,256	13,265	11,594	32,276	19,197
Market Cap Growth	88.87%	7.47%	14.41%	-64.08%	68.13%	-11.21%
Enterprise Value	15,381	12,222	11,613	9,402	29,453	16,336
Last Close Price	11.95	8.93	8.21	6.79	19.07	11.64
PE Ratio	21.95	20.55	24.88	24.32	50.71	33.57
Forward PE	15.95	16.19	17.62	19.91	36.72	24.49
PS Ratio	4.65	3.64	3.23	2.36	7.23	5.26
PB Ratio	2.04	1.77	1.86	1.44	4.00	3.06
P/TBV Ratio	3.39	3.17	3.85	2.74	6.44	5.38
P/FCF Ratio	14.36	14.09	12.37	14.50	44.11	21.89
P/OCF Ratio	13.57	13.78	12.23	14.06	43.14	21.56
PEG Ratio	0.83	0.87	0.98	26.73	1.75	0.74
EV/Sales Ratio	3.88	3.12	2.83	1.91	6.60	4.47
EV/EBITDA Ratio	14.48	15.15	18.11	14.42	40.24	24.68
EV/EBIT Ratio	15.75	17.34	22.56	19.02	47.58	27.83
EV/FCF Ratio	11.68	12.08	10.83	11.76	40.25	18.63
Debt / Equity Ratio	0.06	0.11	0.12	0.10	0.10	0.00
Debt / EBITDA Ratio	0.50	1.03	1.31	1.29	1.13	0.03
Debt / FCF Ratio	0.40	0.84	0.81	1.05	1.15	0.02
Asset Turnover	0.35	0.39	0.42	0.46	0.48	0.52
Inventory Turnover	1428.09	1632.45	1029.79	1040.00	902.32	549.54
Quick Ratio	2.06	2.22	2.03	2.32	3.02	2.93
Current Ratio	2.26	2.49	2.27	2.56	3.30	3.17
Return on Equity (ROE)	10.70%	9.82%	7.66%	6.20%	8.66%	9.77%
Return on Assets (ROA)	5.43%	4.38%	3.31%	2.90%	4.18%	5.25%
Return on Capital (ROIC)	6.57%	5.28%	3.98%	3.42%	4.95%	6.26%
Earnings Yield	4.52%	4.87%	4.02%	4.11%	1.97%	2.98%
FCF Yield	6.96%	7.09%	8.08%	6.90%	2.27%	4.57%
Dividend Yield	1.15%	1.53%	-	-	-	-
Buyback Yield / Dilution	1.03%	2.04%	3.82%	-0.08%	-0.39%	-5.96%
Total Shareholder Return	2.18%	3.58%	3.82%	-0.08%	-0.39%	-5.96%

Source: S&P Capital IQ. Standard template. Financial Sources.