Northrop Grumman Corporation vs Tencent Music Entertainment Group - ADR — how do they compare? Northrop Grumman Corporation trades at $512.35 (market cap $74.42B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Northrop Grumman Corporation is far larger — about 4.9× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.62%). Which is the better fit depends on your goals.
| NOC | TME | |
|---|---|---|
Market Cap | $74.42B | $15.08B |
Sector | Industrials | Media |
52-Week High | $768.02 | $26.36 |
52-Week Low | $496.02 | $8.16 |
Enterprise Value | $88.65B | $11.85B |
Dividend Yield | 1.79% | 2.62% |
Trailing returns across standard periods
Latest headlines on both assets
Northrop Grumman is a defense contractor that is diversified across short-cycle and long-cycle businesses. The firm's segments include aeronautics, mission systems, defense services, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces various piloted and autonomous flight systems. Mission systems creates a variety of sensors and processors for defense hardware. The defense systems segment is a long-range missile manufacturer. Finally, the company's space systems segment produces various space structures, sensors, and satellites.
Read more on NOC →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 →