US lists are often unable to increase the evaluations of European companies

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The list of American companies, which are often added to the US, financial times have been found, claiming that some managers ‘exchanges’ exchanges are the participation of the stock exchange, the higher stock prices are a reliable fire path.

Analysis of companies in 12 European list, which has been adding US lists since 2016 – Ferguson, CRH and Flutter fun – We found that in half of the cases fell, in some cases there were no fiction in the number of analysts followed by shares. However, two-thirds of the companies enjoyed more liquidity in their shares after the action.

“It is not right to improve the price of your share,” and improving the price of your share. ” “Absolutely not so simple.”

EU has been purchased by companies and their investors The great rise of the US exchange In recent years, despite the sale of a recent market – they will earn higher.

UK broker TP iPAp said last week planned List the information in New YorkGlencore listed in London in London in February, including the Cultural Center, including the US Cultural Center, said that the other places to trade in London with a great blow to the history of London, “he said.

The construction group listed in London Plans to change The main list for New York and its CEOs “Advantages of a primary list in other US markets.. The last few years have been clearer.” There is a British ad group WPP “Looked” A transition while the French Active Manager Chew It takes into account such a step.

FT finds, European politicians urgently try to encourage local markets and encourage companies to keep them home. There are regulators in the UK Based Rules For companies on the list that is an attempt to make London more competitive.

Companies of FT analysis All added new US prices – either initially or an additional list – while keeping European lists.

Britain-based plumbing equipment supplier Ferguson and Gambling Group Flutter Entertainment is among the groups to add lists to us in recent years, as well as small companies as small companies as a dry bulk operator.

FT found Irish Building Materials Group CrhRiveanis Eco tankers, economic and shipping group tankers, all three dimensions were an upgrade companies to compare an upcoming, trade volume and analysts. Others fell short at least one event.

Half of the company’s analysis, less, smaller stocks were harder than in New York, before moving. On average, the 12-month price / earnings rate for smaller companies – those less than $ 10 billion in market capitalization – in New York, it was about 7 percent lower, about 7 percent decreased for larger companies.

“The second or medium hat is interested in the United States in the United States for European companies, interested in US investors, which looks more globally,” said the European Capital Markets Institute

However, CRH enjoyed its sustainable assessment from the list of New York. The average P / E ratio has increased from 18 months to 18 months in 18 months, 15 times in 19 months.

However, in January 2024, New York added its citation, and after his main list of New York, and increased by 29.1 percent and fell 29.1 times.

Thus, Ferguson and Ferrovial, the former FTSE 100, US average assessments were 9 percent, 11 percent and 11 percent of 11 percent of 11 percent.

Adding a US list can be an expensive step – BCLP’s Werner, price, report and investment banking services, legal, calculation banking services may be more than £ 500,000 depending on the scale. Companies also have an additional reporting costs to protect the list that can move to ten thousands of dollars per annum.

In 2017, the Nasdaq ExtRaf-A list attached to the list “There are many direct costs and indirect costs.”

FT’s analysis did not take into account the releases, regulation changes, or turns of a company that can affect the company’s p / e ratio.

Most companies are more liquidity – can be sold without moving the price of shares. The large companies have experienced a boost about four times when compared to the United States in the United States and small companies in the United States, and small companies have witnessed an increase in about 45 percent.

CRH’s liquidity is more than seven times higher in New York. However, the liquidity of Ferrovial was collapsed there: 37,000 shares in the United States are sold in both more than 1 mn in the United States and after both the US movement of the United States.

This is the “as expected by a list of NASDAQs,”, Ferrovial, the group “is to build additional liquidity in the United States over time.”

Although the FT, on average, the analytical coverage has been determined that the analytical coverage in analytical coverage, even if the patron wants a new fatigue.

Oliver Lazenby, Freshfields firm company, “All this is extremely, bank analysts and institutional investors do not necessarily resources (to cover each company).”

Transparent size investors and analysts in US markets tend to receive more warnings to larger companies like crowning or CRH.

“At a bigger sea, attention tends to go to the bigger fish,” Paul Amiss, Winston and Chawn partner. “If you are one of it this size, you should work harder to make the waves.”

Methodology

New York Exchange and NASDAQ presented FT with lists of companies in the European list, which has been adding US lists since 2016. Large companies are identified as those with more than $ 10 billion in market capital. FT’S analysis was measured as a shareholder’s shareholding ratio – a shareholder measured as the average number of average shares – SPAC and ADRS were released as a liquidity size.

To avoid equal US proposal and one European, FT used the number of weeks from the list of the US and the same number was applied in the period before the US movement. In cases where the US trade data was taken longer, we have used the full series in both. Although all the efforts are made to create a complete data set, there was no plain way to bring together a comprehensive list of companies and can eventually be shortcomings. First, we found 15 companies added to the US list since 2016, but the 12-month price gains due to negative earnings forecasts of the Nyxoah and Alvotech, a large number of analysis. The four data points in the p / E proportion, which are short of 50, were also excluded for visual purposes. In this case, the relatively small sample size and the results may be inevitable. Information on February 28.

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