Nucor Corporation vs Tencent Music Entertainment Group - ADR — how do they compare? Nucor Corporation trades at $230.8 (market cap $52.55B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Nucor Corporation is far larger — about 3.5× 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.
| NUE | TME | |
|---|---|---|
Market Cap | $52.55B | $15.08B |
Sector | Basic Materials | Media |
52-Week High | $266.35 | $26.36 |
52-Week Low | $131.78 | $8.16 |
Enterprise Value | $57.19B | $11.85B |
Dividend Yield | 0.97% | 2.62% |
Trailing returns across standard periods
Nucor Corp manufactures steel and steel products. The company also produces direct reduced iron for use in its steel mills. The operations include international trading and sales companies that buy and sell steel and steel products manufactured by the company and others. The operating business segments are: steel mills, steel products and raw materials, the steel mills segment derives maximum revenue.
Read more on NUE →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 →