TOP 10 Most Valuable Companies in the world, Most Valuable Companies in the World - 2021
Today's article is about the top 10 of the most valuable companies in the world.
The rating is based on market capitalization. It is calculated by multiplying the number of shares issued by the company by the value of one such share.
The data in the article is relevant as of 11 January 2021.
1. Saudi Aramco$2,458
Industry: Oil and gas production, refining.
Products: Oil, natural gas and other petrochemical products.
After the successful issue of shares on the stock exchange, Saudi Aramco (Saudi Arabian Oil Company) became the most expensive company in the world. It has officially published its financial statements first in 2019. Shortly after the release of the shares on the Tadawul stock exchange, the company's value almost reached 1.9 trillion dollars.
2. Apple inc.$2,213 bln
Industry: electronics, information technology.
Products: Personal computers and tablets, mobile phones, audio players…
For a long time, Apple was the most valuable company in the world. But due to the situation with the disappointing iPhone sales, it lost its primacy. Yet the situation is much better now: the company is winning its positions back. Today, Apple is the second in terms of market capitalization.
3. Microsoft$1,653 bln.
Industry: software development.
Products: Microsoft Office, Microsoft Windows, Xbox.
The third Most Valuable Company in the World is Microsoft.
The internationally famous corporation was founded in 1975 by Bill Gates, who is one of the richest men in the world by now.
At that time, Microsoft was the first software developer that suggested using packaged software for home computers that would thereby make PC experience user-friendly and intuitive.
4. Amazon Inc.$1,596 bln.
Industry: Retail business.
On January 7, 2019, Amazon became the most expensive company in the world for the first time overtaking its competitor — Microsoft. Today, it ranks fourth in the list of the most valuable companies.
Amazon is an American retail company that sells and delivers various goods over the internet.
Internet users, suppliers, and producers can sell any goods on their own by using Amazon’s website as an online venue.
5. Delta Electronics (Thailand)$1,435 bln
Industry: Electronics and automation.
Delta Electronics (Thailand) Public Company Limited is a subsidiary of Delta Electronics Inc. It focuses on the manufacture of electronic products that include various power supplies, industrial and construction automation systems, infrastructure for alternative energy and electric transport, and much more.
6. Alphabet Inc.$1,203 bln.
Industry: Internet.
Google, the internationally famous Internet company, recently changed its official name to Alphabet because the company was out of the scope of Google search engine long ago, and now it owns plenty of other companies as well.
7. Tesla, Inc.$834 bln.
Industry: Automotive and solar energy.
Tesla is the world's largest electric vehicle manufacturer, which also produces solar panels and batteries. At the end of 2020, Tesla and 27 other US companies formed the Zero Emission Transport Association (ZETA), which will promote the transition of all US vehicles to electric traction. The company currently has several electric vehicle models, including a sedan, crossover, roadster, and even a large truck for cargo.
8. Facebook$757 bln.
Industry: Internet.
Facebook was developed by Mark Zuckerberg in February 2004. The Facebook social network is currently visited by more than 2 billion people every day. And the market value of $757 billion is simply an astronomical indicator of popularity for an Internet project.
9. Tencent$738 bln.
Industry: Internet.
Products: Social networking, instant messaging, mass media, web portals, etc.
Tencent is a venture company, a conglomerate, an investment holding, and one of the largest companies in the gaming industry.
10. Alibaba Group$620 bln.
Industry: Internet.
Products: E-commerce, online auction hosting, online money transfers, mobile commerce.
The Alibaba company is one of the biggest virtual trading platforms in China and the world, attracting the attention of buyers by both affordable prices and a wide range of goods presented.
Market capitalization as a method of valuing a company
Market capitalization, along with annual income and total assets, is one of the methods for evaluation of the investment attractiveness of a company.
Using market capitalization to show the size of a company is important because the size of a company is the main factor determining the various characteristics investors are interested in, including risks.
As market capitalization is the number of shares multiplied by their value, it is not the price at which the owner will necessarily sell their company.
Despite the companies might be over- or undervalued by the market, to get the real value of a company, we should consider its activity from a fundamental point of view.
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