Simon Property Group Inc vs Tencent Music Entertainment Group - ADR — how do they compare? Simon Property Group Inc trades at $227 (market cap $74.00B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: Simon Property Group Inc is far larger — about 4.9× Tencent Music Entertainment Group - ADR's market cap, and Simon Property Group Inc pays the higher dividend (3.86%). Which is the better fit depends on your goals.
| SPG | TME | |
|---|---|---|
Market Cap | $74.00B | $15.08B |
Sector | Real Estate | Media |
52-Week High | $228.70 | $26.36 |
52-Week Low | $160.68 | $8.16 |
Enterprise Value | $102.48B | $11.85B |
Dividend Yield | 3.86% | 2.62% |
Trailing returns across standard periods
Simon Property Group is the second- largest real estate investment trust in the United States. Its portfolio includes an interest in 207 properties: 119 traditional malls, 69 premium outlets, 14 Mills centers (a combination of a traditional mall, outlet center, and big-box retailers), six lifestyle centers, and five other retail properties. Simon's portfolio averaged $693 in sales per square foot over the 12 months prior to the pandemic. The company also owns a 21% interest in Klepierre, a European retail company with investments in shopping centers in 16 countries, and joint venture interests in 33 premium outlets across 11 countries.
Read more on SPG →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 →