Solaredge Technologies Inc vs Tencent Music Entertainment Group - ADR — how do they compare? Solaredge Technologies Inc trades at $50.3 (market cap $2.96B), 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 5.1× Solaredge Technologies Inc's market cap, and Tencent Music Entertainment Group - ADR pays a 2.62% dividend while Solaredge Technologies Inc pays none. Which is the better fit depends on your goals.
| SEDG | TME | |
|---|---|---|
Market Cap | $2.96B | $15.08B |
Sector | Technology | Media |
52-Week High | $78.51 | $26.36 |
52-Week Low | $24.42 | $8.16 |
Enterprise Value | $2.89B | $11.85B |
Dividend Yield | — | 2.62% |
Trailing returns across standard periods
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems for solar photovoltaic installations. The company system consists of power optimizers, inverters, and cloud-based monitoring platform and addresses a broad range of solar market segments, from residential solar installations to commercial and small utility-scale solar installations. The company sells its products directly to solar installers, engineering, procurement, and construction firms and indirectly to solar installers through distributors and electrical equipment wholesalers. Additionally, the company has nonsolar products targeting energy storage and e-mobility.
Read more on SEDG →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 →