Market capitalization of the company, or the total value of all securities of the issuer, in combination with other multiples helps investors find undervalued stocks or, vice versa, identify bloated blisters. Today we will consider companies, capitalization of which exceeds one trillion rubles (Russian enterprises, whose shares are listed on the Moscow Exchange) or trillion dollars (foreign issuers, securities of which are listed on foreign exchanges).
Russian companies
IN 2019 G. we already talked about the club of Russian trillionaires, then it included nine issuers. If you evaluate the market capitalization of companies, included in the Moscow Exchange Index on 18 February 2021 G., it is more expensive 1 trillion rub. the following enterprises are:
- PAO Gazprom,
- PJSC MMC Norilsk Nickel,
- PAO Lukoil,
- PAO «NLMK»,
- PAO NOVATEK,
- PJSC "Pole",
- PJSC NK Rosneft,
- PJSC "Sberbank",
- PJSC Severstal,
- PAO Surgutneftegaz,
- PJSC Tatneft,
- «Yandex».
"Pole", Severstal and Yandex are in the trillionaires' club in 2019 G. were not included. Two years ago, the Polyus cost 685 RUB bn., Severstal - 875 RUB bn., «Yandex» — 766 RUB billion. The latter has the market value of the shares, traded on the Moscow Exchange, reflects only part of the company's value. Since not all types of securities are available for purchase - only Class A shares. The cost of "Yandex" is more, what capitalization on the Moscow Exchange shows.
See, how the capitalization of trillionaires has changed in two years. If you order the companies from the list by cost, then in 2019 G. top-3 by market capitalization were "Sberbank", Rosneft and Lukoil. At the same time, the value of the company decreases smoothly from the leader to the lagging one., without visible gaps.
Rice. 1. Market capitalization as of the end of April 2019 G. Rice. 1. Market capitalization as of the end of April 2019 G.
In February 2021 G. the top three has changed. However, Sberbank remained the most expensive company on the domestic stock market..
Rice. 2. Market capitalization as of February 2021 G. Rice. 2. Market capitalization as of February 2021 G.
The second and third places with the same capitalization are shared by Rosneft (5,375 RUB trillion) and Gazprom (5,368 RUB trillion) Lukoil (3,941 RUB trillion) is in sixth place, yielding to Norilsk Nickel (4,169 RUB trillion) and NOVATEK (4,103 RUB trillion). Seventh place from sixth is separated by a chasm in more than 2 trillion rub.
Foreign companies
Let's move on to foreign issuers. According to companiesmarketcap.com, in the world, only five companies are worth more than 1 trillion dollars.
Rice. 3. Companies, costing more 1 trillion rub. A source: https://companiesmarketcap.comRys. 3. Companies, costing more 1 trillion rub. A source: https://companiesmarketcap.com
Foreign Trillionaires - Apple, Microsoft, Google And Amazon - do not need introduction, and their shares can be bought on the Moscow Stock Exchange.
Saudi Aramco, oil and gas sector representative, mentioned less often. The company's revenue in 2019 G. amounted to 295 billion dollars, net profit — 88 billion dollars. For comparison, Rosneft's revenue in 2019 G. in dollars at the rate of 31.12.2019 G. — 140 billion dollars, net profit — 13 billion dollars. Saudi Aramco Report for 2020 G. not yet available, therefore the comparison was made according to the data 2019 G.
It is interesting to compare the capitalization of foreign trillionaires with Russia's GDP. According to Rosstat, Russia's GDP for 2020 G. made up 106,6 trillion rub. In dollars at the rate of 31.12.2020 G. this 1,44 trillion dollars.
In the world list of trillionaires, our country would be in fifth place, narrowed down Google.
