Boston Beer Company Inc vs Tencent Music Entertainment Group - ADR — how do they compare? Boston Beer Company Inc trades at $170.75 (market cap $1.88B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Tencent Music Entertainment Group - ADR is far larger — about 8× Boston Beer Company Inc's market cap, and Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Boston Beer Company Inc pays none. Which is the better fit depends on your goals.
| SAM | TME | |
|---|---|---|
Market Cap | $1.88B | $15.08B |
Sector | Consumer Staples | Media |
52-Week High | $260.05 | $26.36 |
52-Week Low | $161.08 | $8.16 |
Enterprise Value | $1.75B | $11.85B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
Latest headlines on both assets
Boston Beer is a leader in U.S. high-end malt beverages and adjacent categories, with strong positions in craft beer, hard cider, and hard seltzer. The firm sells an array of flavor variants and package sizes, predominantly centered around four priority brands: Samuel Adams, Angry Orchard, Twisted Tea, and Truly Hard Seltzer. Its drinks are produced in both company-owned breweries as well as through third-party contract arrangements, and while the company primarily goes to market through independent wholesalers (as mandated by law), it operates a fairly large salesforce to induce demand across the value chain (distributors, retailers, and drinkers). The preponderance of revenue is generated domestically.
Read more on SAM →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 →