Garmin Ltd. vs Tencent Music Entertainment Group - ADR — how do they compare? Garmin Ltd. trades at $308 (market cap $59.72B), while Tencent Music Entertainment Group - ADR trades at $8.63 (market cap $16.09B). The key difference: Garmin Ltd. is far larger — about 3.7× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.75%). Which is the better fit depends on your goals.
| GRMN | TME | |
|---|---|---|
Market Cap | $59.72B | $16.09B |
Sector | Technology | Media |
52-Week High | $313.16 | $26.36 |
52-Week Low | $187.10 | $8.16 |
Enterprise Value | $57.23B | $14.05B |
Dividend Yield | 1.36% | 2.75% |
Trailing returns across standard periods
Latest headlines on both assets
Garmin produces GPS-enabled hardware and software for five verticals: fitness, outdoors, auto, aviation, and marine. The company relies on licensing mapping data to enable its hardware specialized for often niche activities like scuba diving or sailing. Garmin operates in 100 countries and sells its products via distributors as well as relationships with original equipment manufacturers.
Read more on GRMN →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 →