SYSCO Corporation vs Tencent Music Entertainment Group - ADR — how do they compare? SYSCO Corporation trades at $81.33 (market cap $38.63B), while Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B). The key difference: SYSCO Corporation is far larger — about 2.6× Tencent Music Entertainment Group - ADR's market cap, and SYSCO Corporation pays the higher dividend (2.72%). Which is the better fit depends on your goals.
| SYY | TME | |
|---|---|---|
Market Cap | $38.63B | $15.08B |
Sector | Consumer Staples | Media |
52-Week High | $91.16 | $26.36 |
52-Week Low | $69.30 | $8.16 |
Enterprise Value | $52.11B | $11.85B |
Dividend Yield | 2.72% | 2.62% |
Trailing returns across standard periods
Latest headlines on both assets
Sysco is the largest U.S. food-service distributor, boasting 17% market share of the highly fragmented food-service distribution industry. Sysco distributes over 400,000 food and nonfood products to restaurants (63% of revenue), healthcare facilities (8%), education and government buildings (8%), travel and leisure (7%), and other locations (14%) where individuals consume away-from-home meals. In fiscal 2022, 82% of the firm's revenue was U.S.-based, with 7% from Canada, 4% from the U.K., 2% from France, and 4% other.
Read more on SYY →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 →