Tencent Music Entertainment Group (TME)

TME Ratios and Metrics

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

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Market Capitalization	22,800	17,959	14,256	13,265	11,594	32,276
Market Cap Growth	25.97%	25.97%	7.47%	14.41%	-64.08%	68.13%
Enterprise Value	19,583	14,680	12,222	11,613	9,402	29,453
Last Close Price	14.38	11.35	8.93	8.21	6.79	19.07
PE Ratio	24.75	19.73	20.55	24.88	24.32	50.71
Forward PE	18.39	15.16	16.19	17.62	19.92	36.72
PS Ratio	5.70	4.62	3.64	3.23	2.36	7.23
PB Ratio	2.38	1.88	1.77	1.86	1.44	4.00
P/TBV Ratio	2.99	2.99	3.17	3.85	2.74	6.44
P/FCF Ratio	16.08	12.76	14.10	12.37	14.50	44.11
P/OCF Ratio	16.18	12.76	13.78	12.23	14.06	43.14
PEG Ratio	1.23	0.79	0.87	0.98	26.73	1.75
EV/Sales Ratio	5.03	3.77	3.12	2.83	1.91	6.60
EV/EBITDA Ratio	17.36	13.01	15.15	18.11	14.42	40.24
EV/EBIT Ratio	19.02	14.26	17.34	22.56	19.02	47.58
EV/FCF Ratio	13.82	10.43	12.08	10.83	11.76	40.25
Debt / Equity Ratio	0.06	0.06	0.11	0.12	0.11	0.10
Debt / EBITDA Ratio	0.47	0.47	1.03	1.31	1.29	1.13
Debt / FCF Ratio	0.38	0.38	0.84	0.81	1.06	1.15
Asset Turnover	0.34	0.34	0.39	0.42	0.46	0.48
Inventory Turnover	1056.52	1056.52	1632.46	1029.79	1040.00	902.32
Quick Ratio	1.86	1.86	2.22	2.03	2.32	3.02
Current Ratio	2.09	2.09	2.49	2.27	2.56	3.30
Return on Equity (ROE)	11.20%	11.20%	9.82%	7.66%	6.19%	8.66%
Return on Assets (ROA)	5.66%	5.66%	4.38%	3.31%	2.90%	4.18%
Return on Capital (ROIC)	6.86%	6.86%	5.28%	3.98%	3.42%	4.95%
Return on Capital Employed (ROCE)	10.20%	10.20%	7.90%	6.40%	5.50%	6.90%
Earnings Yield	4.00%	5.07%	4.87%	4.02%	4.11%	1.97%
FCF Yield	6.22%	7.84%	7.09%	8.08%	6.90%	2.27%
Dividend Yield	1.25%	1.59%	1.53%	-	-	-
Buyback Yield / Dilution	1.18%	1.18%	2.04%	3.82%	-0.08%	-0.39%
Total Shareholder Return	2.43%	2.77%	3.58%	3.82%	-0.08%	-0.39%

Updated Mar 18, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q