Tencent Music Entertainment Group - ADR vs Wheaton Precious Metals Corp — how do they compare? Tencent Music Entertainment Group - ADR trades at $9.16 (market cap $15.08B), while Wheaton Precious Metals Corp trades at $103.33 (market cap $46.54B). The key difference: Wheaton Precious Metals Corp is far larger — about 3.1× Tencent Music Entertainment Group - ADR's market cap, and Tencent Music Entertainment Group - ADR pays the higher dividend (2.62%). Which is the better fit depends on your goals.
| TME | WPM | |
|---|---|---|
Market Cap | $15.08B | $46.54B |
Sector | Media | Basic Materials |
52-Week High | $26.36 | $165.72 |
52-Week Low | $8.16 | $91.00 |
Enterprise Value | $11.85B | $44.39B |
Dividend Yield | 2.62% | 0.75% |
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 →Wheaton Precious Metals Corp is a precious metal streaming company. The company has entered into over 20 long-term purchase agreements with 17 different mining companies, for the purchase of precious metals and cobalt. It has streaming agreements covering approximately 19 operating mines and 9 development stage projects. The company's projects include Vale's Salobo mine and silver streams on Glencore's Antamina mine and Goldcorp's Penasquito mine.
Read more on WPM →