Brown-Forman Corporation Class B vs Tencent Music Entertainment Group - ADR — how do they compare? Brown-Forman Corporation Class B trades at $29.9, while Tencent Music Entertainment Group - ADR trades at $8.65 (market cap $16.09B). The key difference: Tencent Music Entertainment Group - ADR pays a 2.75% dividend while Brown-Forman Corporation Class B pays none, and Brown-Forman Corporation Class B is trading nearer its 52-week high, Tencent Music Entertainment Group - ADR nearer its low. Which is the better fit depends on your goals.
| BF.B | TME | |
|---|---|---|
Sector | Consumer Staples | Media |
52-Week High | $31.26 | $26.36 |
52-Week Low | $22.80 | $8.16 |
Market Cap | — | $16.09B |
Enterprise Value | — | $14.05B |
Dividend Yield | — | 2.75% |
Trailing returns across standard periods
Latest headlines on both assets
Brown-Forman is the largest U.S.-domiciled producer of distilled spirits. The firm reports only a single operating segment, and whiskey represents its primary business driver, generating roughly three-quarters of sales, undergirded by the Jack Daniel's brand as well as bourbons such as Woodford Reserve and Old Forrester. Notable nonwhiskey offerings include tequilas such as el Jimador and Herradura. The firm operates globally, with products sold in more than 170 countries, and adapts its route-to-consumer model depending on regulation as well as the prevailing competitive dynamics in a given market. For example, it sells through distributors in the U.S. but operates its own logistics apparatus in many other countries. The company remains under the control of the Brown family.
Read more on BF.B →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.
Read more on TME →