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GALLERY: The 15 most valuable companies on the Irish Stock Exchange

There’s been some speculation about some firms delisting from Dublin. Here are the 15 biggest ones trading here.

19/08/12 12,403 Views 7 Comments

THE IRISH STOCK EXCHANGE, it’s fair to say, isn’t among the world’s most prominent – but that’s not to say it doesn’t have its fair share of big companies.

The exchange’s future has been called into some question recently after one of its larger firms, United Drug, suggested it may have to delist from the exchange in order to concentrate on its placement in London.

This is because companies need to have a certain proportion of their shares traded in London in order to be included in the FTSE indices.

Nonetheless, the index gets its fair share of companies which have presences on other exchanges worldwide – as well as some of Ireland’s biggest native firms too.

Here, in terms of their market capitalisation (i.e. the total value of all their shares, added together) are the 15th most valuable companies listed on the ISE.

GALLERY: The 15 most valuable companies on the Irish Stock Exchange
1 / 15

  • 1 - Diageo - €36.15 billion

    Top of the pile is the British drinks company which was formed by the merger of Guinness with the conglomerate Grand Metropolitan (which owned Burger King at the time) in 1997. As well as Guinness, it also owns Smirnoff and Johnnie Walker as well as a third of the company behind Moet champagne and Hennessy. One share will cost you €14.42 - that's about three pints, depending on where you buy them. (Photo: http://www.flickr.com/photos/netweb/101937366/)

  • 2 - Tesco - €31.68 billion

    The supermarket giant is listed on the Irish Stock Exchange to reflect its presence in Ireland since it took over the Quinnsworth chain in 1997. It now has 138 stores in Ireland. Shares are €4.14 each. (Photo: http://www.flickr.com/photos/loopzilla/439516532/)

  • 3 - Allied Irish Banks - €26.35 billion

    All but a small fraction of the bank's shares are owned by the Irish government, in return for billions in state aid to recapitalise the bank. Still remains a leader in the Irish retail banking sector, with shares at 5.1c. (Photo: http://www.flickr.com/photos/infomatique/5039568548/)

  • 4 - Tullow Oil - €16.01 billion

    As the name suggests, the company has Carlow links. Originally founded by CEO Aidan Heavey - a total novice in the field - to search for gas in Senegal, it now has oil operations in Ghana, Uganda and Kenya. Shares are €17.67 each. Pictured here is chairman Simon Thompson. (Sam Boal/Photocall Ireland)

  • 5 - CRH - €10.6 billion

    Originally 'Cement Roadstone Holdings', a building materials company which now has investments in China, the US and India. Shares are €14.68 each. Pictured is CEO Myles Lee. (Leon Farrell/Photocall Ireland)

  • 6 - Kerry Group - €6.62 billion

    A food company that grew from modest roots in Munster to become one of the biggest manufacturers of foods in the European market, employing about 20,000 worldwide. Shares are€37.70 each. (INPHO/Ryan Byrne)

  • 7 - Ryanair - €6.01 billion

    The world's most popular airline in terms of sheer passenger numbers, and currently looking to take over its older rival in Aer Lingus. Shares are €4.14 each. (http://www.flickr.com/photos/mikelo/3839819463/)

  • 8 - Élan - €5.68 billion

    The Athlone-based pharmaceuticals company is best known for its multiple sclerosis drug Tysabri. One of the more volatile shares on the market, its price currently stands at €9.64. (Charles Krupa/AP)

  • 9 - Dragon Oil - €3.94 billion

    An independent oil and gas explorer with its main interests in the Caspian Sea off the coast of Turkmenistan. Though its HQ is in Dubai, the company is registered in Ireland and is listed in both London and Dublin. Shares are €7.72.

  • 10 - Aryzta AG - €3.52 billion

    Formed in 2008 when IAWS merged with the Swiss company Hiestand Holding AG. One of the world's dominant speciality bakery companies, with shares at an even €40. Pictured are Denis Lucey and Owen Killian, formerly the chairman and CEO of IAWS, in 2008. (Mark Stedman/Photocall Ireland)

  • 11 - Bank of Ireland - €2.74 billion

    The only Irish bank to have escaped (so far) without the government being its majority or sole shareholder. Each share is worth 9.1c. (Photo: http://www.flickr.com/photos/yisris/269893450/)

  • 12 - Paddy Power - €2.61 billion

    The chain of bookies is on the up and up - last year it accepted a record €4.555 billion on bets. Shares are €53.25 each. (Photo: http://www.flickr.com/photos/55935853@N00/5779754051/)

  • 13 - Glanbia - €1.8 billion

    Formed through the 1997 merger of Kilkenny-based Avonmore and Waterford Dairies, Glanbia has activity beyond Ireland: it's actually one of the world's biggest pizza cheese suppliers, and it's the principal supplier of the cream used in Baileys liqueur. Shares are €6.10. (INPHO/Cathal Noonan)

  • 14 - DCC - €1.74 billion

    A diverse investments group with holdings including the Robert Roberts coffee brand, the Emo chain of petrol stations, FloGas, half of the Kylemore Cafe chain, and the distribution of KP snacks. Shares are €20.80.

  • 15 - Smurfit Kappa - €1.52 billion

    Shares in the packaging giant are worth €6.85 each. Pictured is chief operations officer Anthony Smurfit. (Photo: Mark Stedman/Photocall Ireland)
  • Top of the pile is the British drinks company which was formed by the merger of Guinness with the conglomerate Grand Metropolitan (which owned Burger King at the time) in 1997. As well as Guinness, it also owns Smirnoff and Johnnie Walker as well as a third of the company behind Moet champagne and Hennessy. One share will cost you €14.42 - that's about three pints, depending on where you buy them. (Photo: http://www.flickr.com/photos/netweb/101937366/)
  • The supermarket giant is listed on the Irish Stock Exchange to reflect its presence in Ireland since it took over the Quinnsworth chain in 1997. It now has 138 stores in Ireland. Shares are €4.14 each. (Photo: http://www.flickr.com/photos/loopzilla/439516532/)
  • All but a small fraction of the bank's shares are owned by the Irish government, in return for billions in state aid to recapitalise the bank. Still remains a leader in the Irish retail banking sector, with shares at 5.1c. (Photo: http://www.flickr.com/photos/infomatique/5039568548/)
  • As the name suggests, the company has Carlow links. Originally founded by CEO Aidan Heavey - a total novice in the field - to search for gas in Senegal, it now has oil operations in Ghana, Uganda and Kenya. Shares are €17.67 each. Pictured here is chairman Simon Thompson. (Sam Boal/Photocall Ireland)
  • Originally 'Cement Roadstone Holdings', a building materials company which now has investments in China, the US and India. Shares are €14.68 each. Pictured is CEO Myles Lee. (Leon Farrell/Photocall Ireland)
  • A food company that grew from modest roots in Munster to become one of the biggest manufacturers of foods in the European market, employing about 20,000 worldwide. Shares are€37.70 each. (INPHO/Ryan Byrne)
  • The world's most popular airline in terms of sheer passenger numbers, and currently looking to take over its older rival in Aer Lingus. Shares are €4.14 each. (http://www.flickr.com/photos/mikelo/3839819463/)
  • The Athlone-based pharmaceuticals company is best known for its multiple sclerosis drug Tysabri. One of the more volatile shares on the market, its price currently stands at €9.64. (Charles Krupa/AP)
  • An independent oil and gas explorer with its main interests in the Caspian Sea off the coast of Turkmenistan. Though its HQ is in Dubai, the company is registered in Ireland and is listed in both London and Dublin. Shares are €7.72.
  • Formed in 2008 when IAWS merged with the Swiss company Hiestand Holding AG. One of the world's dominant speciality bakery companies, with shares at an even €40. Pictured are Denis Lucey and Owen Killian, formerly the chairman and CEO of IAWS, in 2008. (Mark Stedman/Photocall Ireland)
  • The only Irish bank to have escaped (so far) without the government being its majority or sole shareholder. Each share is worth 9.1c. (Photo: http://www.flickr.com/photos/yisris/269893450/)
  • The chain of bookies is on the up and up - last year it accepted a record €4.555 billion on bets. Shares are €53.25 each. (Photo: http://www.flickr.com/photos/55935853@N00/5779754051/)
  • Formed through the 1997 merger of Kilkenny-based Avonmore and Waterford Dairies, Glanbia has activity beyond Ireland: it's actually one of the world's biggest pizza cheese suppliers, and it's the principal supplier of the cream used in Baileys liqueur. Shares are €6.10. (INPHO/Cathal Noonan)
  • A diverse investments group with holdings including the Robert Roberts coffee brand, the Emo chain of petrol stations, FloGas, half of the Kylemore Cafe chain, and the distribution of KP snacks. Shares are €20.80.
  • Shares in the packaging giant are worth €6.85 each. Pictured is chief operations officer Anthony Smurfit. (Photo: Mark Stedman/Photocall Ireland)

About the author:

Gavan Reilly
@gavreilly
gavan@thejournal.ie

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