Tencent Music Entertainment Group (Tencent Music Entertainment Group) 3-Year EBITDA Growth Rate : 7.80% (As of Dec. 2023)

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What is Tencent Music Entertainment Group 3-Year EBITDA Growth Rate?

Tencent Music Entertainment Group's EBITDA per Share for the three months ended in Dec. 2023 was $0.15.

During the past 12 months, Tencent Music Entertainment Group's average EBITDA Per Share Growth Rate was 26.50% per year. During the past 3 years, the average EBITDA Per Share Growth Rate was 7.80% per year. During the past 5 years, the average EBITDA Per Share Growth Rate was 17.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

During the past 8 years, the highest 3-Year average EBITDA Per Share Growth Rate of Tencent Music Entertainment Group was 147.90% per year. The lowest was 4.30% per year. And the median was 26.20% per year.

Competitive Comparison of Tencent Music Entertainment Group's 3-Year EBITDA Growth Rate

For the Internet Content & Information subindustry, Tencent Music Entertainment Group's 3-Year EBITDA Growth Rate, along with its competitors' market caps and 3-Year EBITDA Growth Rate data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tencent Music Entertainment Group's 3-Year EBITDA Growth Rate Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's 3-Year EBITDA Growth Rate distribution charts can be found below:

* The bar in red indicates where Tencent Music Entertainment Group's 3-Year EBITDA Growth Rate falls into.

Tencent Music Entertainment Group 3-Year EBITDA Growth Rate Calculation

This is the 3-year average growth rate of EBITDA per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the average EBITDA per share growth rate.

Tencent Music Entertainment Group (NYSE:TME) 3-Year EBITDA Growth Rate Explanation

EBITDA per Share is the amount of Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) per outstanding share of the company's stock.

Earnings Before Interest, Taxes, Depreciation, and Amortization (EBITDA) is what the company earns before it expenses interest, taxes, depreciation and amortization.

Tencent Music Entertainment Group 3-Year EBITDA Growth Rate Related Terms

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Tencent Music Entertainment Group (Tencent Music Entertainment Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Tencent Music Entertainment Group (NYSE:TME) » Definitions » 3-Year EBITDA Growth Rate

Comparable Companies

Traded in Other Exchanges

01698:Hong Kong 0A2Z:UK 63TA:Germany

Address

Kexing Science Park, Kejizhongsan Avenue, Unit 3, Building D, Hi-Tech Park, Nanshan District, Shenzhen, CHN, 518057

Website

https://www.tencentmusic.com

TME is the largest online music service provider in China. It was founded in 2016 with the business combination of QQ Music (founded in 2005), Kuwo Music (founded in 2005) and Kugou Music (founded in 2004) streaming platforms. Tencent is the largest shareholder of TME with over 50% shares and over 90% voting rights held. TME also provides social entertainment services, including music live audio/video broadcasts and online concert services through the three platforms mentioned above, and online karaoke through an independent platform WeSing.