Tencent Music Entertainment Group - ADR vs Advanced Drainage Systems Inc — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Advanced Drainage Systems Inc trades at $143.04 (market cap $10.96B). The key difference: Tencent Music Entertainment Group - ADR is the larger of the two by market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.62%). Which is the better fit depends on your goals.
| TME | WMS | |
|---|---|---|
Market Cap | $15.08B | $10.96B |
Sector | Media | Industrials |
52-Week High | $26.36 | $175.38 |
52-Week Low | $8.16 | $110.99 |
Enterprise Value | $11.85B | $12.53B |
Dividend Yield | 2.62% | 0.56% |
Trailing returns across standard periods
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 →Advanced Drainage Systems Inc is engaged in designing, manufacturing, and marketing thermoplastic corrugated pipe and related water management products in North and South America, and Europe. The company's operating segment includes Pipe
Read more on WMS →