Monster Beverage Corp vs Tencent Music Entertainment Group - ADR — how do they compare? Monster Beverage Corp trades at $94.48 (market cap $93.35B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Monster Beverage Corp is far larger — about 6.2× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Monster Beverage Corp pays none. Which is the better fit depends on your goals.
| MNST | TME | |
|---|---|---|
Market Cap | $93.35B | $15.08B |
Sector | Consumer Staples | Media |
52-Week High | $99.94 | $26.36 |
52-Week Low | $58.75 | $8.16 |
Enterprise Value | $91.65B | $11.85B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
Monster Beverage is a leader in the energy drink subsegment of the beverage industry. The Monster trademark anchors the portfolio, and notable offerings include Monster Energy and Monster Ultra. The firm has also started to incubate new trademarks for emerging enclaves of the energy space, like Reign in performance energy. It is primarily a brand owner, outsourcing most of its manufacturing processes to third-party copackers. It primarily uses the Coca-Cola bottling system for distribution after a strategic agreement in which Coke became Monster's largest shareholder (nearly 20%) and that also included the exchange of certain businesses between the two firms. Most of Monster's revenue is generated in the United States, though international geographies are increasing in the mix.
Read more on MNST →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 →