Managing Partner Digital Intelligence and Customer Centric Transformation, PwC Switzerland To evaluate the Covid-19 impact, data has also been analysed for the period from December 31 to March 31.
Longer term, we anticipate the imbalance reducing, with China technology companies, in particular, challenging the current position. It’s followed by Apple, Amazon and Alphabet. PwC : Global Top 100 companies (2020) This report ranks the Global Top 100 public companies by market capitalisation as at March 2020 and compares how the value and components of the Global Top 100 have evolved since March 2019, with a further look back to March 2009. PwC | Global Top 100 companies by market capitalisation 4 Key contacts • Mark Hughes UK Capital Markets Leader. All rights reserved.
Peter Kasahara Amazon became the fourth public company with a market capitalisation of more than $1 trillion as of June 2020. New additions in the Global Top 100 include companies from India and Saudi Arabia.The technology sector continues to dominate; Microsoft overtakes Apple as the world’s most valuable public company. Companies from China and Europe in the ranking lose value. Notably, China contributes approximately 30% of unicorns in both number and value terms, which is a much higher proportion than for the Global Top 100. At PwC, our purpose is to build trust in society and solve important problems. They were replaced by the returning Boeing, BHP and Softbank and by newcomers Pinduoduo, Meituan Dianping, Shopify, T-Mobile US (having acquired Sprint in April), Qualcomm, Keyence Corporation and Lowe's Companies.Last, but not least, Switzerland, with its three heavyweights, continues to be a big player in the Global Top 100.
US accounts for over half of companies in Global Top 100 and 63% of total market capitalisation.
First quarter of 2020 wipes out gains .
Not surprisingly, six out of the ten companies with the largest decreases in market capitalisation were in either the oil & gas or financial sectors. Alphabet was close ($966bn) and has since moved above the $1 trillion mark. Unicorns’ value grows 6% with nearly half of the top 100 based in the US.The rise is more subdued than the 15% increase reported in 2018, reflecting more challenging market conditions.Growth in market capitalisation in the past year has been primarily driven by US companies, on the back of a robust economic environment. Tel: +44 773 659 9759. mark.c.hughes@pwc.com • Kennedy Liu China Capital Markets Leader.
Tel: +852 2289 1881. kennedy.liu@hk.pwc.com • Ross Hunter IPO Centre Leader . A glance at these sectors reveals that the concentration of technology and consumer services companies in the Global Top 100 is a key driver for outperforming the wider market index.Eighty-seven of the Global Top 100 companies saw an increase in their market prices from April to June 2020, compared with ten from January to March. Apple and Microsoft saw valuation increases of $469bn (42%) and $344bn (29%), respectively, closing the gap with Saudi Aramco. The Global Top 100 companies ranks the largest public companies by their market capitalisation in US dollars as at 30 June 2020 and compares this with market capitalisation as at 31 March 2020 and 31 December 2019. Both China (-4%) and Europe (-5%) registered a decrease in market capitalisation, reversing last year’s gains.The technology sector continues to dominate, although the healthcare, consumer services and telecommunications sectors performed most strongly over the past year.For the fifth year running, the US accounts for more than half (54) of the China is the second largest component of the Global Top 100 by market capitalisation, despite a 4% decline in the past 12 months following trade uncertainties and their impact on local market sentiment.
In 2012 Apple achieved the highest market capitalisation by a single company in our study ($559bn). Saudi Aramco’s IPO in December 2019 – the largest IPO ever – had catapulted the company directly to the top, disrupting the longstanding dominance of the US tech giants.
The market capitalisation of the global top 100 companies amounts to a staggering $21.1 trillion. PwC Global Top 100 June 2013 Slide 11 • In 2013 the total market capitalisation of the global top 100 was the highest.
PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. The MSCI World Index, by comparison, was 7% behind its December notation at the end of June, having lost 21% in the first quarter before bouncing back 19% in the second quarter.
The prominence of companies from China amongst the unicorns may be evidence to support this.” Senior Manager, Global Communications, United Kingdom, PwC United Kingdom