Cigna Corp vs Tencent Music Entertainment Group - ADR — how do they compare? Cigna Corp trades at $302.59 (market cap $80.55B), while Tencent Music Entertainment Group - ADR trades at $8.85 (market cap $14.45B). The key difference: Cigna Corp is far larger — about 5.6× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.72%). Which is the better fit depends on your goals.
| CI | TME | |
|---|---|---|
Market Cap | $80.55B | $14.45B |
Sector | Health | Media |
52-Week High | $311.00 | $26.36 |
52-Week Low | $244.41 | $8.16 |
Enterprise Value | $103.65B | $11.23B |
Dividend Yield | 2.05% | 2.72% |
Trailing returns across standard periods
Latest headlines on both assets
Cigna primarily provides pharmacy benefit management and health insurance services. Its PBM services were greatly expanded by its 2018 merger with Express Scripts and are mostly sold to health insurance plans and employers. Its largest PBM contract is the Department of Defense. In health insurance and other benefits, Cigna mostly serves employers through self-funding arrangements, but it also operates in government programs, such as Medicare Advantage. The company operates mostly in the U.S. with 15 million medical members covered as of the end of 2020, but its services extend internationally, covering another 2 million people.
Read more on CI →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.
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