In April of last year, we cut the 2009 Canadian Business Investor 500. At that time, the largest 500 companies on Canadian stock exchanges were worth a total of $1.15 trillion in market capitalization and had an average one-year total share loss of 32.8%. A company needed about $94 million in market cap to be on the list and Royal Bank, the largest member had a market cap of $54.1 billion.
Recently we ran our 500 based on thelargest companies by market cap and their one-year share returns at Dec. 31, 2009. What a difference! The entry level market cap almost doubled to $171 million and the average one-year share return jumped to 124.5%. Here are some basic comparisons.
December 2009 April 2009
Average 1-yr. return 124.5% (32.8%)
Median 1-yr. return 63.6% (36.3%)
Total Market Cap $1.56 tril. $1.15 tril
Cos. with positive returns 457 51
Entry level market cap $171 mil $94 mil
Again as a service to readers, email me at phil.froats@canadianbusiness.rogers.comto receive the entire list of 500 companies at Dec. 31, 2009 with: one-year returns, dividend yields, stock symbols and prices, market caps, revenues, PE ratios and industry.
Blogs & Comment
Investor 500 Turnaround
By CB Staff
In April of last year, we cut the 2009 Canadian Business Investor 500. At that time, the largest 500 companies on Canadian stock exchanges were worth a total of $1.15 trillion in market capitalization and had an average one-year total share loss of 32.8%. A company needed about $94 million in market cap to be on the list and Royal Bank, the largest member had a market cap of $54.1 billion.
Recently we ran our 500 based on thelargest companies by market cap and their one-year share returns at Dec. 31, 2009. What a difference! The entry level market cap almost doubled to $171 million and the average one-year share return jumped to 124.5%. Here are some basic comparisons.
December 2009 April 2009
Average 1-yr. return 124.5% (32.8%)
Median 1-yr. return 63.6% (36.3%)
Total Market Cap $1.56 tril. $1.15 tril
Cos. with positive returns 457 51
Entry level market cap $171 mil $94 mil
Again as a service to readers, email me at phil.froats@canadianbusiness.rogers.comto receive the entire list of 500 companies at Dec. 31, 2009 with: one-year returns, dividend yields, stock symbols and prices, market caps, revenues, PE ratios and industry.