The World’s Top 100 Mining Stocks

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Some of the world’s top mining company stocks such as Vale(VALE), BHP Billiton(BBL, BHP), etc. have handsomely rewarded long-term investors. After falling heavily in 2008, mining stocks rallied hard last year. For example, BHP Billiton’s London stock price more than doubled last year. Lesser known companies like Teck have seen their share price increase by more than 1,500% in past 12 months.

The Top 100 Mining Stocks of the World are listed below.The tickers are listed if they are traded in the US organized exchanges.

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Source: ROME WASN’T BUILT IN A DAY, Top 100 Mining Companies: What a difference a year makes  by Barry Sergeant, Mineweb

The top three global mining companies by market caps are BHP Billiton with around US$209B,Vale with US$166B and Rio Tinto at US$136B.US mining giant Alcoa(AA) now ranks at number 26 with market cap of just $17B.

NMDC, Hindustan Zinc, Sterlite, Sesa Goa, National Aluminium, Neyveli Lignite are some of the largest mining companies in India. Chinese miners listed here include Guizhou Panjiang, Shenhua, Qinghai, Zhongjin Gold and Yanzhou Coal.

Related:

The World’s Top Diamond-Producing Countries

The List of Diamond Mining Stocks by Country

Top 15 Global Bank Stocks Ranked by Price-to-Book Value

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Emerging market banks occupy the top positions in a ranking of the world’s most valuable financial institutions based on their stock price to book values as of Dec 31,2009 according to a recent article in The Financial Times.

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top-Banks-2010

Chinese banks took the first four spots easily beating western banks which were highly valued back in 2000.

From the article:

“China Merchants Bank, China Citic, ICBC and China Construction Bank lead the table, followed by Itaú Unibanco of Brazil, all with a price-to-book multiple of more than three.

Over the past six years, the average price-to-book value of the biggest 50 banks has halved from two to one.

This means that investors believe the average bank is worth no more than the value of its balance sheet. Most western banks are trading at well below their book value.

But investors are attaching a growing premium to emerging markets banks, led by China Merchants, the most highly rated of the biggest 50 banks by market capitalisation, on a multiple of 4.3, according to Bloomberg data.

At the start of the last decade, the US dominated the rankings. The top five were Bank of New York Mellon , Lloyds of the UK, Morgan Stanley, Citigroup and Wells Fargo.

Only last year US Bancorp topped the table and Wells Fargo was in the top 10. ”

Canadian banks Bank of Novo Scotia (BNS) and Royal Bank of Canada(RY) have climbed in this price-to-book ranking. Australian bank Commonwealth Bank of Australia(OTC: CMWAY) is ranked number eight in this list. Similar to Chinese banks, Brazilian banks Banco Do Brasil(OTC: BDORY), Itau Unibanco(ITUB) and Banco Bradesco(BBD) also rebounded sharply after the credit crisis since their exposure to sub-prime loans were negligible.

Four Construction and Materials Sector ADRs

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The table below lists four ADR stocks from the construction and materials industry:

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Cemex of Mexico is engaged in the production of and marketing of cement.Empresas ICA operates in the construction sector as well as maintenance and operation of highways and tunnels in Mexico. Ireland-based CRH is another building materials production and distribution company.James Hardie Industries of Australia is a manufacturer of fiber cement products and markets them in United States, Australia, New Zealand, and the Philippines.

A Review of Luxottica and Wacoal

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Luxottica Group (LUX) and Wacoal (WACLY) operate in the personal goods sector.

1. Luxottica Group(LUX):

Milan, Italy-based Luxottica is the maker of prescription frames and sunglasses. From the corporate site:

“With net sales of euro €5.2 billion, 61,000 employees and a solid global presence, Luxottica leads the world in premium, luxury and sports eyewear.”

Retail sales acocunt for 60% and wholesale for 40%. Net sales in North America amounts to 59% with the rest in parts of the world.Some of the brands owned and licensed by the company include Ray-Ban, the world’s best known sun brand, Oakley, Vogue, Persol, Oliver Peoples, Arnette and REVO, Bvlgari, Burberry, Chanel, Dolce & Gabbana, Donna Karan, Polo Ralph Lauren, Prada, Salvatore Ferragamo, Tiffany and Versace. In North America the company owns over 900 LensCrafters stores.

In third quarter 2009, the net income was $118.9M from a revenue of $1.75B.

 2. Wacoal Holdings (WACLY):

Japanese company Wacoal Holdings through its “subsidiaries and affiliated companies, is engaged in the manufacture, wholesale and direct sales to consumers (for some products) of intimate apparel (mainly women’s foundation garments, lingerie, nightwear and children’s underwear), outerwear, sportswear, and other textile products and accessories.”

Six ADRs with the Largest Market Cap Gains in 2009

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Last month I wrote an article titled Five Companies with the Largest Market Cap Gains in this Decade. Three of the companies in that list were BHP Billiton, Vale and Petrobras.

In the Year-End Review of Markets & Finance, The Wall Street Journal listed the biggest gainers in market value in 2009. Only stocks which had a market value of at least $5B at the start of the year were considered in this ranking.

The six ADRs with the largest market cap gains in 2009 were:

1. Petrobras (PBR)
Change in Market Cap = $114.92B

2. BHP Billiton(BHP, BBL)
Change in Market Cap = $85.65B

3. Rio Tinto (RTP)
Change in Market Cap = $84.40B

4. Vale(VALE)
Change in Market Cap = $84.34B

5. HSBC Holdings (HBC)
Change in Market Cap = $83.07B

6. Banco Santander (SAN)
Change in Market Cap = $61.85B

As noted above, BHP Billiton, Vale and Petrobras appeared in the top market cap gainers in the last decade also. Out of the 10 market cap gainers in 2009, six were foreign companies.