Top 100 companies Europe and Germany November 2014 PwC Capital Markets

Transcription

1 Top 100 companies Europe and Germany Capital s

2 Europe Top 100 from 2008 to 2014 ed by market capitalisation Slide 2

3 Summary In this brief report we have identified the top 100 listed companies in Europe and ranked them by market capitalisation. We have been able to identify interesting trends and developments on a individual company level, a regional level and by sector. Key highlights Top companies have fully recovered from financial crisis. Total market cap of the European Top 100 companies in is 9% higher than it was in August There are risers and fallers. Healthcare & Pharma (31%) and Financial Services (22%) are the sectors showing the largest growth rate in terms of market cap in the Top 100. Roche is 1 in Europe. Having increased its market cap in the past 14 months by almost 42 bn, it has jumped from rank 3 to pole position. Territorial distribution between 2013 and 2014 stayed mostly unchanged with UK (23), Germany (18, up from 17 in 2013) and France (17) being the most successful territories in our survey Total market cap ( bn) of European Top 100 companies 5,701 5, ,875 Slide 3

4 Top 100 European companies, by industry Financial Services, Healthcare & Pharma, Retail & Consumer were the rising industries between 2008 and Stable and even increasing private consumption and the rise of the middle class in a number of emerging countries are two of the global mega trends that helped companies lifting their market cap to new heights. Despite the financial crisis the Financial Services could not only keep their total market cap but even increase it by 18 %. Total market cap ( bn) Financial Services 1237 Retail & Consumer 1203 Energy 1018 Healthcare & Pharma 946 Industry Financial Services Retail & Consumer Number Nov Aug ( bn) Number ( bn) Industries, by number Energy Trend TMT Industrial Production Automotive Transportation & Logistics TMT Healthcare & Pharma Industrial Production Automotive Transp. & Logistics 1 30 n/a n/a Industry based on Germany industry classification Top 100 companies Europe and Germany Slide 4

5 Top 100 European companies per country, by numbers United Kingdom Germany France Switzerland Netherlands Russia Spain Sweden Ireland Italy Denmark Norway Belgium Luxembourg Finland Czech Republic ) Industry based on Germany industry classification Slide 5

6 Top 100 European companies 1-20 Company name Industry +/- 3 1 August August 2008 Cap Cap Cap ROCHE Switzerland Healthcare & Pharma NOVARTIS Switzerland Healthcare & Pharma NESTLE Switzerland Retail & Concumer SHELL Netherlands Energy HSBC United Kingdom Financial Services ANHEUSER-BUSCH Belgium Retail & Consumer TOTAL France Energy BP United Kingdom Energy SANOFI France Healthcare & Pharma NOVO NORDISK Denmark Healthcare & Pharma UNILEVER United Kingdom Retail & Consumer BAYER Germany Healthcare & Pharma GLAXOSMITHKLINE United Kingdom Healthcare & Pharma BR. AM. TOBACCO United Kingdom Retail & Consumer BANCO SANTAND. Spain Financial Services VOLKSWAGEN Germany Automotive SIEMENS Germany TMT ASTRAZENECA United Kingdom Healthcare & Pharma SABMILLER United Kingdom Retail & Consumer new RIO TINTO United Kingdom Energy ) Industry based on Germany industry classification Slide 6

7 Top 100 European companies Company name Industry +/- 3 1 August August 2008 Cap Cap Cap LLOYDS BANKING United Kingdom Financial Services VODAFONE United Kingdom TMT L'OREAL France Retail & Consumer INDITEX Spain Retail & Consumer new LVMH France Retail & Consumer SAP Germany TMT DAIMLER Germany Automotive BASF Germany Industrial Prod BNP PARIBAS France Financial Services GAZPROM Russia Energy ENI Italy Energy ALLIED IRISH BANKS Ireland Financial Services n/a n/a DIAEGO United Kingdom Retail & Consumer ALLIANZ Germany Financial Services STATOIL Norway Energy ROYAL BANK SCOT. United Kingdom Financial Services BMW Germany Automotive new TELEFONICA Spain TMT DEUTSCHE TELEKOM Germany TMT GLENCORE XSTRATA Switzerland Industrial Prod Merger n/a 2) Industry based on Germany industry classification Slide 7

8 Top 100 European companies Company name Industry +/- 3 1 August August 2008 Cap Cap Cap UBS Switzerland Financial Services BBVA Spain Financial Services HENNES & MAURITZ Sweden Retail & Consumer BARCLAYS United Kingdom Financial Services RECKITT BENCKISER United Kingdom Retail & Consumer PRUDENTIAL United Kingdom Financial Services new ROSNEFT Russia Energy GDF SUEZ France Energy BG GROUP United Kingdom Energy NATIONAL GRID United Kingdom Energy AXA France Financial Services ING Netherlands Financial Services ELECTR. DE FRANCE France Energy ACCENTURE Ireland TMT NORDEA BANK Sweden Financial Services ABB Switzerland Industrial Prod AP MOELLER Denmark Industrial Prod RICHEMONT Switzerland Retail & Consumer BT GROUP United Kingdom TMT new ENEL Italy Energy ) Industry based on Germany industry classification Slide 8

9 Top 100 European companies Company name Industry Ran k +/- 3 1 August August 2008 Cap Cap Cap INTESA SANPAOLO Italy Financial Services AIRBUS (EADS)* France Industrial Prod new SCHNEIDER ELECTRIC France Industrial Prod new ZURICH INSURANCE Switzerland Financial Services IBERDROLA Spain Energy DANONE France Retail & Consumer ASML Netherlands TMT new DEUTSCHE BANK Germany Financial Services HEINEKEN Netherlands Retail & Consumer new CREDIT SUISSE Switzerland Financial Services UNICREDIT Italy Financial Services ORANGE France TMT LUKOIL Russia Energy COVIDIEN Ireland Healthc. & Pharma IMPERIAL TOBACCO United Kingdom Retail & Consumer AIR LIQUIDE France Industrial Prod HENKEL Germany Retail & Consumer new SHIRE Ireland Healthc. & Pharma n/a n/a n/a n/a n/a CONTINENTAL Germany Automotive n/a n/a MERCK Germany Healthc. & Pharma new ) Industry based on Germany industry classification Slide 9

10 Top 100 European companies Company name Industry Ran k +/- 3 1 August August 2008 Cap Cap Cap ERICSSON Sweden TMT SOCIETE GENERALE France Financial Services SBERBANK OF RUSSIA Russia Financial Services DEUTSCHE POST Germany Transp. & Logistics new CREDIT AGRICOLE France Financial Services STAND. CHARTERED United Kingdom Financial Services ACE Switzerland Financial Services n/a n/a REED ELSEVIER United Kingdom TMT n/a n/a n/a n/a n/a LIBERTY GLOBAL United Kingdom TMT n/a n/a n/a n/a n/a ASS. BRITISH FOODS United Kingdom Retail & Consumer n/a n/a ATLAS COPCO Sweden Industrial Prod n/a n/a LINDE Germany Industrial Prod new E.ON Germany Energy AUDI Germany Automotive MUNICH RE Germany Financial Services TELENOR Norway TMT new VINCI France Industrial Prod new VIVENDI France TMT HERMES INTERNAT. France Retail & Consumer n/a n/a CHRISTIAN DIOR France Retail & Consumer n/a n/a 2) Industry based on Germany industry classification Slide 10

11 Top 10 European Healthcare & Pharma companies Company name Country Ran k +/- 3 1 August August 2008 Cap Cap Cap ROCHE Switzerland NOVARTIS Switzerland SANOFI France NOVO NORDISK Denmark BAYER Germany GLAXOSMITHKLINE United Kingdom ASTRAZENECA United Kingdom COVIDIEN Ireland SHIRE Ireland n/a n/a n/a n/a n/a MERCK Germany new ) Industry based on Germany industry classification Slide 11

12 Germany Top 100 ed by market capitalisation Slide 12

13 Summary German Top 100 companies have recovered from financial crisis as well. Their total market cap in exceeds the market cap in August 2013 by 11 %. Bayer is no. 1 in Germany. Having increased its market cap by more than 20bn, Bayer has jumped from rank 3 in 2013 to pole position in Also top-ranked are Volkswagen, Siemens, SAP and Daimler The most significant risers in the German Top 100 are Bayer (+20 bn), Deutsche Telekom (+13 bn) and Daimler (+10 bn) Total market cap ( bn) of German Top 100 companies Slide 13

14 Top 100 German companies, by industry Healthcare & Pharma, Automotive and TMT were the rising industries between 2008 and Automotive companies also have the highest average market capitalisation (46.7 bn) within the German Top 100 ranking. The largest industry by number, within the German Top 100 is Industrial Production (28). The average market cap of 7 bn within this group demonstrates the significance of middle market companies. Automotive TMT Financial Services Industrial Production Healthcare & Pharma Retail & Consumer Energy Total market cap ( bn) Industry Number Nov Aug ( bn) Number ( bn) Industries, by number Automotive TMT Financial Services Industrial Production Healthcare & Pharma Retail & Consumer Trend Transp. & Logistics 44 Energy Transp. & Logistics Industry based on Germany industry classification Top 100 companies Europe and Germany Slide 14

15 Top 100 German companies 1-20 Company name Industry +/- 3 1 August August 2008 BAYER Healthcare & Pharma VOLKSWAGEN Automotive SIEMENS TMT SAP TMT DAIMLER Automotive BASF SE Industrial Production ALLIANZ Financial Services BMW Automotive DEUTSCHE TELEKOM TMT DEUTSCHE BANK Financial Services HENKEL Retail & Consumer CONTINENTAL Automotive MERCK Healthcare & Pharma DEUTSCHE POST Transports & Logistics LINDE Industrial Production E.ON Energy AUDI Automotive MUENCHENER RUECK Financial Services FRESENIUS SE Healthcare & Pharma PORSCHE Automotive ) Industry based on Germany industry classification Slide 15

16 Top 100 German companies Company name Industry +/- 3 1 August August 2008 FRESENIUS MEDICAL Healthcare & Pharma RWE Energy BEIERSDORF Retail & Consumer COMMERZBANK Financial Services MAN SE Automotive EVONIK INDUSTRIES Industrial Production IPO n/a ADIDAS Retail & Consumer TELEFONICA TMT IPO n/a THYSSENKRUPP Industrial Production DEUTSCHE BOERSE Financial Services HEIDELBERGCEMENT Industrial Production KABEL DEUTSCHLAND TMT IPO n/a INFINEON TMT METRO Retail & Consumer HANNOVER RUECK Financial Services DEUTSCHE POSTBANK Financial Services HUGO BOSS Retail & Consumer ENBW Energy GEA Industrial Production PROSIEBENSAT1. TMT ) Industry based on Germany industry classification Slide 16

17 Top 100 German companies Company name Industry +/- 3 1 August August 2008 TALANX Financial Services IPO n/a ROCKET INTERNET Retail & Consumer IPO n/a n/a n/a n/a UNITED INTERNET TMT SKY DEUTSCHLAND TMT BRENNTAG Transportation & Logistics IPO n/a SYMRISE Industrial Production DT. ANNINGTON Financial Services IPO n/a DT. LUFTHANSA Transportation & Logistics CELESIO Retail & Consumer DEUTSCHE WOHNEN Financial Services new 208 WACKER CHEMIE Industrial Production FRAPORT Transportation & Logistics ZALANDO Retail & Consumer IPO n/a n/a n/a n/a FIELMANN Retail & Consumer AXEL SPRINGER TMT K + S Industrial Production FUCHS PETROLUB Industrial Production HOCHTIEF Industrial Production LANXESS Industrial Production MTU AERO ENGINES Industrial Production new 994 2) Industry based on Germany industry classification Slide 17

18 Top 100 German companies Company name Industry +/- 3 1 August August 2008 WIRECARD Financial Services new 490 TUI Transport. & Logistics RHOEN KLINIKUM Healthcare & Pharma LEG IMMOBILIEN Financial Services IPO n/a OSRAM LICHT Retail & Consumer IPO n/a KION Industrial Production IPO n/a RATIONAL Industrial Production FREENET TMT HSBC Financial Services PUMA Retail & Consumer KRONES Industrial Production GSW IMMOBILIEN Financial Services IPO n/a LECHWERKE Energy BILFINGER Industrial Production SUEDZUCKER Retail & Consumer AAREAL BANK Financial Services CTS EVENTIM TMT new 526 MORPHOSYS Healthcare & Pharma new n/a DIALOG SEMICOND. TMT new n/a DUERR Industrial Production new 411 2) Industry based on Germany industry classification Slide 18

19 Top 100 German companies Company name Industry +/- 3 1 August August 2008 DT. EUROSHOP Financial Services new 793 MAINOVA Energy AURUBIS Industrial Production STADA ARZNEIM. Healthcare & Pharma GELSENWASSER Energy CARL ZEISS MEDITEC Healthcare & Pharma new 810 SOFTWARE AG TMT SARTORIUS Industrial Production new 330 KWS SAAT Retail & Consumer new 828 KUKA Industrial Production new n/a Wuestenr& Wuerttemb. Financial Services DMG MORI SEIKI Industrial Production n/a new n/a new n/a MVV ENERGIE Energy ELRINGKLINGER AG Automotive new JUNGHEINRICH Industrial Production new n/a LEONI Industrial Production DRILLISCH TMT new n/a GERRY WEBER Retail & Consumer new n/a SALZGITTER Industrial Production GERRESHEIMER Industrial Production new ) Industry based on Germany industry classification Slide 19

20 Top 10 German Healthcare & Pharma companies Company name +/- 3 1 August August 2008 BAYER MERCK FRESENIUS SE FRESENIUS MEDICAL RHOEN KLINIKUM MORPHOSYS new n/a STADA ARZNEIMITTEL CARL ZEISS MEDITEC new 810 PAUL HARTMANN DRAEGERWERK n/a n/a 2) Industry based on Germany industry classification Slide 20

21 Contacts Nadja Picard Partner Head of Capital s, Germany Tel.: +49 (0) Michael Burkhart Slide 21

22 Thank you! 2014 PricewaterhouseCoopers AG Wirtschaftsprüfungsgesellschaft. Alle Rechte vorbehalten. In diesem Dokument bezieht sich "" auf die PricewaterhouseCoopers Aktiengesellschaft Wirtschaftsprüfungsgesellschaft, Frankfurt am Main, die eine Mitgliedsgesellschaft der PricewaterhouseCoopers International Limited (IL) ist. Jede der Mitgliedsgesellschaften der IL ist eine rechtlich und wirtschaftlich selbständige Gesellschaft.