Novo Nordisk A/S vs Tencent Music Entertainment Group - ADR — how do they compare? Novo Nordisk A/S trades at $49.32 (market cap $220.53B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Novo Nordisk A/S is far larger — about 14.6× Tencent Music Entertainment Group - ADR's market cap, and Novo Nordisk A/S pays the higher dividend (3.63%). Which is the better fit depends on your goals.
| NVO | TME | |
|---|---|---|
Market Cap | $220.53B | $15.08B |
Sector | Health | Media |
52-Week High | $71.70 | $26.36 |
52-Week Low | $35.29 | $8.16 |
Enterprise Value | $239.49B | $11.85B |
Dividend Yield | 3.63% | 2.62% |
Trailing returns across standard periods
Latest headlines on both assets
With almost 50% market share by volume of the global insulin market, Novo Nordisk is the leading provider of diabetes-care products in the world. Based in Denmark, the company manufactures and markets a variety of human and modern insulins, injectable diabetes treatments, and oral antidiabetic agents. Novo also has a biopharmaceutical segment (constituting roughly 15% of revenue) that specializes in protein therapies for hemophilia and other disorders.
Read more on NVO →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 →