Tencent Music Entertainment Group
NYSE:TME

Watchlist Manager
Tencent Music Entertainment Group Logo
Tencent Music Entertainment Group
NYSE:TME
Watchlist
Price: 17.4999 USD 3.37%
Market Cap: 27B USD

EV/EBITDA
Enterprise Value to EBITDA

20.4
Current
16.2
Median
8.6
Industry
Higher than median
Higher than industry value

Enterprise Value to EBITDA (EV/EBITDA) ratio is a valuation multiple that compares the value of a company, debt included, to the company’s cash earnings less non-cash expenses. EBITDA can be misleading at times, especially for companies that are highly capital intensive.

EV/EBITDA
20.4
=
Enterprise Value
23.6B USD
/
EBITDA
8.3B CNY

EV/EBITDA Forward Multiples

Forward EV/EBITDA multiple is a version of the EV/EBITDA ratio that uses forecasted EBITDA for the EV/EBITDA calculation. 1-Year, 2-Years, and 3-Years forwards use EBITDA forecasts for 1, 2, and 3 years ahead, respectively.

1-Year Forward
EV/EBITDA
15.4
2-Years Forward
EV/EBITDA
13.4
3-Years Forward
EV/EBITDA
11.9