Tencent Music Entertainment Group - ADR vs Thomson Reuters Corp — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Thomson Reuters Corp trades at $90.98 (market cap $41.28B). The key difference: Thomson Reuters Corp is far larger — about 2.7× Tencent Music Entertainment Group - ADR's market cap, and Thomson Reuters Corp pays the higher dividend (2.75%). Which is the better fit depends on your goals.
| TME | TRI | |
|---|---|---|
Market Cap | $15.08B | $41.28B |
Sector | Media | Industrials |
52-Week High | $26.36 | $205.54 |
52-Week Low | $8.16 | $76.55 |
Enterprise Value | $11.85B | $43.24B |
Dividend Yield | 2.62% | 2.75% |
Trailing returns across standard periods
Latest headlines on both assets
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 →Thomson Reuters is the result of the $17.6 billion megamerger of Canada's Thomson and the United Kingdom's Reuters Group in 2008 and the 2018 carve-out of its finance and risk business, Refinitiv, in which it holds a 45% stake. In 2019, the company agreed to exchange its 45% stake in Refinitiv for a 15% stake in LSE, which closed in early 2021. Since the divestiture, the company is more concentrated on selling its flagship legal data and software, Westlaw, and its tax accounting software, Onesource. Reuters sees roughly 80% of revenue and 70% of expenses attributed to the United States, while the remainder (largely through the global print and Reuters News segments) is distributed across Latin America, Europe, the Middle East, Africa, and Asia-Pacific.
Read more on TRI →