FTSE/ATHEX Global Traders

Transcript

1 FTSE/ATHEX Global Traders Indexes Presentation May 2016 Issuer support Division

2 Synopsis About Global Trader Indices Nutshells The FTSE/ATHEX Global Trader indexes FTSEGT & FTSEGT Plus enables the monitoring the market performance of listed companies with revenues from abroad greater than 20% of their total revenues deriving from activities abroad, either in export or through production. The indices highlights companies that combine: Strong international orientation diversified revenue sources per geographically area, either in export or through production. free float greater than 15% Benefits Attract fund managers in order to focus on export-oriented companies that are considered as overyielding due to their high globalized activity. Inform the investment community about the growth margins of each company and the diversification of business risk through geographical dispersion. Enhancing of market interest to be more visible the investment opportunities in Greece. Generation screening and development of new products ideas such as investment tools (ETF, listed funds). Page 2

3 Basic principles of Calculation Methodology Selection Universe Constituents Capping T Rank Selection Companies in ATHEX Main Market which corporate in Greece & minimum free float 15% Exclude : Companies classified in the sectors Banks-Investments-Insurance Companies with portion of revenues from abroad greater than 20% of their total revenues Free float Market Capitalization weight upper limit is 20% for each company with a weight greater than 20% of the index weight 3 step capping process Based on the percentage of company s total revenues deriving from activities abroad FTSE/ATHEX Global Traders Index All companies with revenues from abroad greater than >20% of their total revenues FTSE/ATHEX Global Traders Index Plus The first 30 companies with the higher portion of revenues Page 3

4 Characteristics FTSEGT Index name HELEX code Reuters code Bloomberg code Constituents Capitalisation type Cap Weight FTSE/ATHEX Global Traders Index FTSEGT.FTSEGT FTSEGT All companies with revenues from abroad greater than 20% of their total revenues Free float market capitalization weighted 3 step capping process twice a year every march and November Calculation frequency Real time every 30 Procedure Review Valuation Data from companies annual financial reports Annually every March After the close of business on the last Friday of May Page 4

5 A/A Company Sector 1 CENTRIC HOLDINGS S.A. Travel & Leisure 2 INTRALOT S.A.- INTEGRATED LOTTERY SYSTEMS & SERVICES Travel & Leisure 3 GALAXIDI FISH FARMING S.A. Food & Beverage 4 KLEEMANN HELLAS S.A. Industrial Goods & Services 5 TITAN CEMENT COMPANY S.A. Construction & Materials 6 KARATZIS S.A. Industrial Goods & Services 7 METKA S.A. Industrial Goods & Services 8 THRACE PLASTICS CO. Chemicals 9 HALCOR S.A (FORMER VECTOR) Basic Resources 10 NIREUS S.A. Food & Beverage 11 IKTINOS HELLAS S.A.- GREEK MARBLE INDUSTRY Construction & Materials 12 FLEXOPACK S.A. Industrial Goods & Services 13 FOLLI FOLLIE S.A. Retail 14 AEGEAN AIRLINES S.A. Travel & Leisure 15 MYTILINEOS HOLDINGS S.A. Basic Resources 16 SELECTED TEXTILE IND. ASSOC. S.A. Personal & Household Goods 17 F.H.L. I. KYRIAKIDIS MARBLES - GRANITES S.A. Construction & Materials 18 SELONDA AQUACULTURE S.A. Food & Beverage 19 GR. SARANTIS S.A. Personal & Household Goods 20 F.G. EUROPE S.A. Personal & Household Goods 21 HELLENIC CABLES S.A. Industrial Goods & Services 22 ALUMIL ALUMINIUM INDUSTRY S.A. Basic Resources BIOKARPET S.A. INDUSTRIAL AND COMMERCIAL 23 ENTERPRISES Personal & Household Goods 24 NAFPAKTOS TEXTILE INDUSTRY S.A. Personal & Household Goods 25 FIERATEX S.A. Personal & Household Goods 26 DROMEAS S.A. OFFICE FURNITURE INDUSTRY Personal & Household Goods 27 KIRIACOULIS MEDITERRANEAN CRUISES SHIPPING S.A. Travel & Leisure 28 INFORM P. LYKOS S.A. Industrial Goods & Services 29 CRETE PLASTICS S.A. Chemicals 30 MOTOR OIL (HELLAS) CORINTH REFINERIES SA Oil & Gas FTSEGT Constituents New composition from May 30 rd 2016 A/A Company Sector 31 PROFILE SYSTEMS & SOFTWARE SA Technology 32 INTRACOM S.A. HOLDINGS Technology 33 MEVACO S.A. Industrial Goods & Services 34 HELLENIC PETROLEUM S.A. Oil & Gas 35 MATHIOS REFRACTORY S.A. Construction & Materials 36 KORRES S.A. NATURAL PRODUCTS Personal & Household Goods 37 ELLAKTOR S.A. Construction & Materials 38 J. & P. - AVAX S.A. Construction & Materials 39 TERNA ENERGY S.A. Utilities 40 PAPOUTSANIS S.A. Personal & Household Goods 41 FOURLIS S.A. Personal & Household Goods 42 ELGEKA S.A. Food & Beverage 43 ELINOIL HELLENIC PETROLEUM COMPANY S.A Oil & Gas 44 ELTON S.A. Chemicals 45 PETROS PETROPOULOS S.A. Industrial Goods & Services 46 EL. D. MOUZAKIS S.A. Personal & Household Goods 47 THE HOUSE OF AGRICULTURE SPIROY S.A. Chemicals 48 DAIOS PLASTICS SA Chemicals 49 KTIMA KOSTAS LAZARIDIS S.A. Food & Beverage 50 DRUCKFARBEN HELLAS SA Chemicals 51 VOGIATZOGLOU SYSTEMS S.A. Industrial Goods & Services 52 GEK TERNA HOLDING, REAL ESTATE, CONSTRUCTION S.A. Construction & Materials 53 Logismos INFORMATION SYSTEMS S.A. Technology 54 HELLENIC TELECOM. ORG. Telecommunications 55 JUMBO S.A. Personal & Household Goods 56 ELTRAK S.A. Industrial Goods & Services 57 N. VARVERIS-MODA BAGNO S.A. Construction & Materials 58 AUDIO VISUAL ENTERPRISES S.A. Media 59 AUTOHELLAS S.A. Travel & Leisure 60 UNIBIOS HOLDINGS S.A. Construction & Materials Page 5

6 Statistics FTSEGT Significant Raised Capital through ATHEX Raised capital through Athex (in mil ) IPO's (companies in FTSEGT) Share Capital Increase Total Capital raised The companies participating in Global Traders Index have raised 8.7 bil. through ATHEX. The 24% was raised as IPO while the remaining 76% as share capital Increase through payment in cash, held after the date of listing until to date. Page 6

7 Global Trader Index % Revenues from Abroad (60 companies) Statistics FTSEGT Revenues from abroad per year Global Total revenues from abroad (in mil. ) Trader Index Annual rate 47,3% 42,5% 38,3% 36,4% 48,3% 52,6% 54,2% 54,7% From 2008 to date, the percentage of revenue from abroad of companies that participate in FTSEGT has an increase trend per year and from 2015 the percentage of revenues from abroad is closed to 55% of total revenues From 2008 to date, the percentage of revenue from abroad has an increase trend, with Compound Annual Growth Rate (CAGR) at 6%. Page 7

8 Statistics FTSEGT Revenues from abroad per revenue category Global Trader Index Number of companies per revenue category & year Increase in the number of companies with revenues from abroad for the revenue category 50% to 70%. Global Trader Index <20% 20% to 50% 50% to 70% >70% REVENUES FROM ABROAD (in mil. ) per revenue category & year <20% 20% to 50% 50% to 70% >70% Increasing trend of revenues from abroad for companies in the revenue category 20% to 50% Page 8

9 Relative Returns (%) FTSEGT Historical data Significant overyielding versus GD Thousands Overyielding (%) FTSEGT Index Prices & Liquidity Daily volume FTSEGT FTSEGT closing price Indexes Performance - Relative Returns GD & FTSEGT overyielding FTSEGT (%) - (right axis) GD FTSEGT Page 9

10 FTSEGT Plus Characteristics Index name HELEX code Reuters code Bloomberg code Constituents Capitalisation type Cap Weight Calculation frequency Procedure Review Valuation FTSE/ATHEX Global Traders Index Plus FTSEGTI.FTSEGTI FTSEGTI The top 30 companies according to revenues split from abroad from the list of constituents of the FTSE /ATHEX Global Traders index and 10 reserve list companies Free float market capitalization weighted 3 step capping process twice a year every march and November Real time every 30 Data from companies annual financial reports Annually every March After the close of business on the last Friday of May Page 10

11 FTSEGT Plus Constituents New composition from May 30 rd 2016 A/A Trade code Company Sector 1 ΣΕΝΤΡ CENTRIC ΣΥΜΜΕΤΟΧΩΝ Α.Ε Ταξίδια & Αναψυχή 2 ΙΝΛΟΤ ΙΝΤΡΑΛΟΤ Α.Ε Ταξίδια & Αναψυχή 3 ΓΑΛΑΞ ΓΑΛΑΞΙΔΙ ΘΑΛΑΣΣΙΕΣ ΚΑΛΛΙΕΡΓΕΙΕΣ Α.Ε Τρόφιμα & Ποτά 4 ΚΛΕΜ KLEEMANN HELLAS A.B.E.E Βιομηχανικά Προϊόντα & Υπηρεσίες 5 ΤΙΤΚ ΤΙΤΑΝ ΑΝΩΝΥΜΗ ΕΤΑΙΡΙΑ ΤΣΙΜΕΝΤΩΝ 2353 Κατασκευές & Υλικά Κατασκευών 6 ΚΑΡΤΖ ΚΑΡΑΤΖΗ Α.Ε Βιομηχανικά Προϊόντα & Υπηρεσίες 7 ΜΕΤΚ ΜΕΤΚΑ Α.Ε Βιομηχανικά Προϊόντα & Υπηρεσίες 8 ΠΛΑΘ ΠΛΑΣΤΙΚΑ ΘΡΑΚΗΣ Α.Β.Ε.Ε Χημικά 9 ΧΑΚΟΡ ΧΑΛΚΟΡ Α.Ε (ΠΡΩΗΝ ΒΕΚΤΩΡ) 1755 Πρώτες Ύλες 10 ΝΗΡ ΝΗΡΕΥΣ Α.Ε Τρόφιμα & Ποτά 11 ΙΚΤΙΝ ΙΚΤΙΝΟΣ ΕΛΛΑΣ Α.Ε. - ΕΛΛΗΝΙΚΗ ΒΙΟΜΗΧΑΝΙΑ ΜΑΡΜΑΡΩΝ 2353 Κατασκευές & Υλικά Κατασκευών 12 ΦΛΕΞΟ FLEXOPACK Α.Ε.Β.Ε.Π Βιομηχανικά Προϊόντα & Υπηρεσίες 13 ΦΦΓΚΡΠ FOLLI-FOLLIE Α.Ε.Β.Τ.Ε Εμπόριο 14 ΑΡΑΙΓ ΑΕΡΟΠΟΡΙΑ ΑΙΓΑΙΟΥ Α.Ε Ταξίδια & Αναψυχή 15 ΜΥΤΙΛ ΜΥΤΙΛΗΝΑΙΟΣ Α.Ε. - ΟΜΙΛΟΣ ΕΠΙΧΕΙΡΗΣΕΩΝ 1755 Πρώτες Ύλες 16 ΕΠΙΛΚ ΕΠΙΛΕΚΤΟΣ ΚΛΩΣ/ΡΓΙΑ Α.Ε.Β.Ε Προσωπικά & Οικιακά Αγαθά 17 ΚΥΡΜ F.H.L. Η. ΚΥΡΙΑΚΙΔΗΣ ΜΑΡΜΑΡΑ - ΓΡΑΝΙΤΕΣ Α.Β.Ε.Ε Κατασκευές & Υλικά Κατασκευών 18 ΣΕΛΟ ΙΧΘΥΟΤΡΟΦΕΙΑ ΣΕΛΟΝΤΑ Α.Ε.Γ.Ε Τρόφιμα & Ποτά 19 ΣΑΡ ΓΡ. ΣΑΡΑΝΤΗΣ Α.Β.Ε.Ε Προσωπικά & Οικιακά Αγαθά 20 ΕΦΤΖΙ F.G. EUROPE Α.Ε Προσωπικά & Οικιακά Αγαθά 21 ΕΛΚΑ ΕΛΛΗΝΙΚΑ ΚΑΛΩΔΙΑ Α.Ε Βιομηχανικά Προϊόντα & Υπηρεσίες 22 ΑΛΜΥ ΑΛΟΥΜΥΛ ΒΙΟΜΗΧΑΝΙΑ ΑΛΟΥΜΙΝΙΟΥ Α.Ε Πρώτες Ύλες 23 ΒΙΟΚΑ ΒΙΟΚΑΡΠΕΤ Α.Ε Προσωπικά & Οικιακά Αγαθά 24 ΝΑΥΠ ΚΛΩΣΤΟΫΦΑΝΤΟΥΡΓΙΑ ΝΑΥΠΑΚΤΟΥ Α.Β.Ε.Ε Προσωπικά & Οικιακά Αγαθά 25 ΦΙΕΡ ΦΙΕΡΑΤΕΞ ΑΦΟΙ ΑΝΕΖΟΥΛΑΚΗ Α.Ε Προσωπικά & Οικιακά Αγαθά 26 ΔΡΟΜΕ ΠΑΠΑΠΑΝΑΓΙΩΤΟΥ ΑΒΕΕΑ - ΔΡΟΜΕΑΣ 3726 Προσωπικά & Οικιακά Αγαθά 27 ΚΥΡΙΟ ΚΥΡΙΑΚΟΥΛΗΣ Μ.Κ.Ν. Α.Ε Ταξίδια & Αναψυχή 28 ΛΥΚ INFORM Π. ΛΥΚΟΣ Α.Ε Βιομηχανικά Προϊόντα & Υπηρεσίες 29 ΠΛΑΚΡ ΠΛΑΣΤΙΚΑ ΚΡΗΤΗΣ Α.Β.Ε.Ε Χημικά 30 ΜΟΗ ΜΟΤΟΡ ΟΪΛ (ΕΛΛΑΣ) ΔΙΥΛΙΣΤΗΡΙΑ ΚΟΡΙΝΘΟΥ ΑΕ 533 Πετρέλαιο & Αέριο Page 11

12 Statistics FTSEGT Plus Significant Raised Capital through ATHEX Raised capital through Athex (in mil ) IPO's (companies in FTSEGTI) Share Capital Increase Total Capital raised The companies participating in Global Traders Index Plus have raised 1.7 bil. through ATHEX. The 38% was raised as IPO while the remaining 62% as share capital Increase through payment in cash, held after the date of listing until to date. Page 12

13 Global Trader Plus Index 101,09% % Revenues from Abroad (30 companies) Statistics FTSEGT Plus Increased Revenues from abroad per year Total revenues from abroad (in mil. ) Global Trader Annual rate Plus Index ,10% 69,92% 69,42% 64,03% 63,17% 57,41% 60,11% From 2008 to date, there is an increase trend per year of the percentage of revenue from abroad of companies that participate in FTSEGT Plus and in 2015 the percentage of revenues from abroad is closed to 70% From 2008 to date, there is an increase trend in the percentage of revenue from abroad, with Compound Annual Growth Rate (CAGR) at 7%. Page 13

14 Relative Returns (%) FTSEGT Plus Historical data Significant overyielding versus GD Overyielding (%) Thousands FTSEGT Plus Index Prices & Liquidity Daily volume FTSEGTI FTSEGTI closing price Indexes Performance - Relative Returns GD & FTSEGT Plus 210 Overyielding FTSEGTI (%) - (right axis) GD FTSEGT Plus Page 14

15 More info The analytical Factsheets of the constituents of the FTSE/ATHEX Global traders Index and FTSE/ATHEX Global traders Index Plus are available in ATHEX group website The ground rules for the FTSE/ATHEX Global Traders & Global Traders Plus are available in website Telephone no : helpdesk@athexgroup.gr Hellenic Exchanges Athens Stock exchange S.A., 110 Athinon ave,104 42, Athens, Greece Page 15