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What is Tencent Music Entertainment Group EV-to-EBITDA?
Tencent Music Entertainment GroupMEX:TMEN 78 EV-to-EBITDA is 6.93 as of Aug. 10, 2026, which is 57% below its 10-year median of 16.18. GuruFocus rates MEX:TMEN with a GF Score™ of 78/100 and a GF Value™ of MXN279.47 (Significantly Undervalued). Among 375 Interactive Media companies, Tencent Music Entertainment Group ranks worse than 54.93% on this metric.
EV-to-EBITDA is calculated as enterprise value divided by its EBITDA. As of today, Tencent Music Entertainment Group's enterprise value is MXN200,939 Mil.
Tencent Music Entertainment Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 was MXN28,988 Mil. Therefore, Tencent Music Entertainment Group's EV-to-EBITDA for today is 6.93.
The historical rank and industry rank for Tencent Music Entertainment Group's EV-to-EBITDA or its related term are showing as below:
MEX:TMEN'
s EV-to-EBITDA Range Over the Past 10 Years
Min: 5.58 Med: 16.18 Max: 81.93
Current: 8.1
During the past 10 years, the highest EV-to-EBITDA of Tencent Music Entertainment Group was 81.93. The lowest was 5.58. And the median was 16.18.
MEX:TMEN's EV-to-EBITDA is ranked worse than 54.93% of 375
companies
in the Interactive Media industry
Industry Median: 7.43
vs MEX:TMEN: 8.10
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio to determine the fair market value of a company.
Tencent Music Entertainment Group (MEX:TMEN) EV-to-EBITDA Explanation
EV-to-EBITDA is a valuation multiple used in finance and investment to measure the value of a company. This important multiple is often used in conjunction with, or as an alternative to, the PE Ratio (TTM) to determine the fair market value of a company.
Tencent Music Entertainment Group's PE Ratio (TTM) for today is calculated as:
Tencent Music Entertainment Group's share price for today is MXN151.75.
Tencent Music Entertainment Group's Earnings per Share (Diluted) for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN14.810.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Study has found that the companies with the lowest EV-to-EBITDA outperforms companies measured as cheap by other ratios such as PE Ratio (TTM).
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tencent Music Entertainment Group EV-to-EBITDA Chart
MEX:TMEN vs PINS, MTCH, SNAP: EV-to-EBITDA Comparison
For the Internet Content & Information subindustry, Tencent Music Entertainment Group's EV-to-EBITDA, along with its competitors' market caps and EV-to-EBITDA 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 EV-to-EBITDA vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Tencent Music Entertainment Group's EV-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Tencent Music Entertainment Group's EV-to-EBITDA falls into.
Tencent Music Entertainment Group's current Enterprise Value is MXN200,939 Mil.
Tencent Music Entertainment Group's EBITDA for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was MXN28,988 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Tencent Music Entertainment Group (MEX:TMEN) has a EV-to-EBITDA of 6.93 as of Aug. 10, 2026. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tencent Music Entertainment Group. This is 57% below median its historical median of 16.18. Over the past decade, Tencent Music Entertainment Group's EV-to-EBITDA has ranged from 5.58 to 81.93. According to the industry distribution chart, Tencent Music Entertainment Group ranks #206 out of 375 companies in the Interactive Media industry, placing it in the top 54.9%.
Is Tencent Music Entertainment Group's EV-to-EBITDA too high?
Tencent Music Entertainment Group's current EV-to-EBITDA of 6.93 is 57% below median its 10-year median of 16.18. Over the past 10 years, this metric has ranged from a low of 5.58 to a high of 81.93. The Interactive Media industry median EV-to-EBITDA is 7.43. Tencent Music Entertainment Group's value of 6.93 is 6.7% below this industry median. Based on the distribution chart, Tencent Music Entertainment Group ranks #206 out of 375 companies in the Interactive Media industry, which is below the industry midpoint. Overall, Tencent Music Entertainment Group has a GF Score™ of 78/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tencent Music Entertainment Group's EV-to-EBITDA compare to PINS and MTCH?
According to the Interactive Media industry distribution chart, Tencent Music Entertainment Group ranks #206 out of 375 companies for EV-to-EBITDA. This places Tencent Music Entertainment Group in the lower half of its industry. The industry median EV-to-EBITDA is 7.43. Tencent Music Entertainment Group's value of 6.93 is 6.7% below this benchmark. Historically, Tencent Music Entertainment Group's own EV-to-EBITDA has ranged from 5.58 to 81.93 over the past decade. While the company's 10-year median is 16.18 vs. the industry median of 7.43, Tencent Music Entertainment Group has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good EV-to-EBITDA for an Interactive Media company?
The median EV-to-EBITDA among Interactive Media companies is 7.43, based on 375 companies in the industry. Companies in the top quartile (top 25%) have a EV-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, EV-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tencent Music Entertainment Group's current EV-to-EBITDA of 6.93 is 6.7% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high EV-to-EBITDA mean?
A high EV-to-EBITDA can signal that a stock is expensive relative to its fundamentals. EV to EBITDA ratio is the company's enterprise value divided by earnings before interest, taxes, depreciation and amortization. View historical data on Tencent Music Entertainment Group. For the Interactive Media industry, the median EV-to-EBITDA is 7.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tencent Music Entertainment Group's current EV-to-EBITDA is 6.93, which is 57% below median its own 10-year median of 16.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tencent Music Entertainment Group stock overvalued right now?
Based on GuruFocus' analysis, Tencent Music Entertainment Group (MEX:TMEN) is currently considered Significantly Undervalued. The stock's GF Value™ is MXN279.47, compared to a current price of MXN151.75 — trading 45.7% below its estimated fair value. The current EV-to-EBITDA is 6.93, which is 57% below median its 10-year median of 16.18 and 6.7% below the Interactive Media industry median of 7.43. Tencent Music Entertainment Group's overall GF Score™ is 78/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is EV-to-EBITDA calculated?
EV-to-EBITDA is calculated from a company's financial statements. For Tencent Music Entertainment Group (MEX:TMEN), the current EV-to-EBITDA is 6.93 as of Aug. 10, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tencent Music Entertainment Group (MEX:TMEN) Overvalued in 2026?
Based on GuruFocus' analysis, Tencent Music Entertainment Group stock appears to be undervalued.
The current stock price of MXN151.75 is trading 45.7% below its estimated GF Value™ of MXN279.47.
GuruFocus considers Tencent Music Entertainment Group to be Significantly Undervalued.
Key valuation signals for MEX:TMEN:
EV-to-EBITDA: 6.93 (57% below median its 10-year median of 16.18)
GF Value™: MXN279.47 vs. price of MXN151.75 (45.7% below fair value)
Industry Position: 6.7% below the Interactive Media median (#206 of 375)
No single metric tells the full story. See the MEX:TMEN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tencent Music is the largest online music streaming platform in China, established in 2016 through the merger of QQ Music, Kuwo Music, and Kugou Music. Tencent, its largest shareholder, holds over 50% of the shares and more than 90% of the voting rights. Beyond streaming services, Tencent Music generates revenue through a diverse range of offerings, including podcasts, livestreaming, concerts, and karaoke.
78GF Score
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