How we select which companies to rank

Webranking by Comprend ranks the largest companies in Europe based on market capitalization. The selection is based on the STOXX All Europe list, from which we pick the 500 largest companies to rank - we call the list Europe 500. 

Based on the demand, we increase the lists in some countries, for example in the United Kingdom, Sweden, Finland, Norway and Denmark. For these countries we use STOXX as our base. For the United Kingdom we have also included the FTSE 350 companies, however excluded trusts and funds. 

How STOXX works

STOXX All Europe indices include companies from the following countries across the continent: Austria, Belgium, Croatia, Cyprus, Czech Republic, Denmark, Finland, France, Germany, Greece, Hungary, Iceland, Ireland, Italy, Latvia, Lithuania, Luxembourg, Macedonia, Malta, Netherlands, Norway, Poland, Portugal, Romania, Russia, Serbia, Slovakia, Slovenia, Spain, Sweden, Switzerland, Ukraine, UK. We have included the 500 largest companies by market cap, according to STOXX, as of 1 April 2020. 

Country allocation

We have attempted to use distinctions of country allocations that are similar to the ones previously used by the Financial Times. As such, incorporation and markets listing tend to be the most prominent factors when allocating a company to a country, although this is not always the case. We have taken factors such as location of the head office and contact details for Investor Relations and Press officials into account when deciding company allocation in cases where a company is connected to several countries.

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Helena Wennergren

Head of Research

+46 70 971 12 10

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