Nutrien Ltd vs Tencent Music Entertainment Group - ADR — how do they compare? Nutrien Ltd trades at $66.8 (market cap $31.67B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Nutrien Ltd is far larger — about 2.1× Tencent Music Entertainment Group - ADR's market cap, and Nutrien Ltd pays the higher dividend (3.3%). Which is the better fit depends on your goals.
| NTR | TME | |
|---|---|---|
Market Cap | $31.67B | $15.08B |
Sector | Basic Materials | Media |
52-Week High | $83.94 | $26.36 |
52-Week Low | $53.64 | $8.16 |
Enterprise Value | $44.84B | $11.85B |
Dividend Yield | 3.3% | 2.62% |
Trailing returns across standard periods
Created in 2018 as a result of the merger between PotashCorp and Agrium, Nutrien is the world's largest fertilizer producer by capacity. Nutrien produces the three main crop nutrients--nitrogen, potash, and phosphate--although its main focus is potash, where it is the global leader in installed capacity with roughly 20% share. The company is also the largest agricultural retailer in the United States, selling fertilizers, crop chemicals, seeds, and services directly to farm customers through its brick-and-mortar stores and online platforms.
Read more on NTR →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 →