Nokia Corp vs Tencent Music Entertainment Group - ADR — how do they compare? Nokia Corp trades at $10.93 (market cap $56.70B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Nokia Corp is far larger — about 3.8× 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.
| NOK | TME | |
|---|---|---|
Market Cap | $56.70B | $15.08B |
Sector | Technology | Media |
52-Week High | $16.83 | $26.36 |
52-Week Low | $4.05 | $8.16 |
Enterprise Value | $53.51B | $11.85B |
Dividend Yield | 1.63% | 2.62% |
Trailing returns across standard periods
Nokia is a leading vendor in the telecommunications equipment industry. The company's network business derives revenue from selling wireless and fixed-line hardware, software, and services. Nokia's technology segment licenses its patent portfolio to handset manufacturers and makes royalties from Nokia-branded cellphones. The company, headquartered in Espoo, Finland, operates on a global scale, with most of its revenue from communication service providers.
Read more on NOK →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 →