Spanish ADR's


[ Spanish Stock Market | U.S. Stocks | Other ADR's | Madrid Stock Exchange ]

[ Table of Contents | Advertising | Submit URL | Shopping | E-Mail | Home ]
[How to make Site-By-Site ! your homepage]


Currency Converter USD-ESP
Currency Converter USD-Euro

ADR Daily Report (Yahoo Finance) | The Market Mavens Report: Global Markets

Profiles for 141 companies in Spain from Wright Investors' Service:
Quotes/Company Data
Search: Ticker Name
   
Financials.com
Portfolio Login
Username:
Password:
New Account
Portfolio Admin
Financials.com
Issue CUSIP Exchange Symbol Ratio* Industry
ACERALIA CORPORACION SIDERURGICA 144A 004436101 144A ACERYP 1: 1 STE
ANTENA 3 DE TELEVISION, S.A. 144A 036726107 144A ANTDT 1: 1 PUB
BANCO BILBAO VIZCAYA 059458208 NYSE BBV 1: 1 BKS
BANCO BILBAO VIZCAYA (SER "A" PREF) 059456103 NYSE BVG+ 1: 1 BKS
BANCO BILBAO VIZCAYA (SER "B" PREF) 059456202 NYSE BVGB 1: 1 BKS
BANCO BILBAO VIZCAYA (SER "C" PREF) 059456301 NYSE BVGC 1: 1 BKS
BANCO BILBAO VIZCAYA (SER "D" PREF) 144A 059456509 144A BBV144A 1: 1 BKS
BANCO BILBAO VIZCAYA (SER "E" PREF) 059456400 NYSE BVGE 1: 1 BKS
BANCO CENTRAL HISPANOAMERICANO, S.A. 059470401 NYSE BCH 2: 1 BKS
BANCO DE SANTANDER 059574202 NYSE STD 1: 1 BKS
BANCO ESPANOL DE CREDITO (BANESTO) 059878207 OTC BNSTY 2: 1 BKS
BANKINTER, S.A. 066460205 OTC BKISY 1: 1 BKS
COMPANIA SEVILLANA DE ELECTRICIDAD S.A. 204489207 OTC COVDY 1: 2 UTI
CORPORACION BANCARIA DE ESPANA S.A. 219913100 NYSE AGR 2: 1 BKS
CORPORACION FINANCIERA REUNIDA, S.A. 21986Q106 OTC COFJY 1: 2 HOT
CORPORACION MAPFRE 219872207 OTC CRFEY 5: 1 INS
EMPRESA NACIONAL DE ELECTRICIDAD, S.A. 292447208 NYSE ELE 1: 1 UTI
MELIA INVERSIONES AMERICANAS NV 144A 585485105 144A MELIA 2: 1 HOT
REPSOL S.A. 76026T205 NYSE REP 1: 1 OGS
TELEFONICA S.A 879382208 NYSE TEF 1: 3 TEL

* Ratio: You'll probably notice a significant difference in price of the stock, traded as an ADR and on its home exchange. You can easily calculate an over- or undervaluation (and, of course, a fair valuation). All you need is the ratio of ADR to stock, as listed in the table above, and the exchange rate of the US-Dollar to this country's currency. The following, generalized example explains how to calculate.
On June 26, 1998, the Swiss ADR Sulzer Medica, with a ratio of 10:1, was priced USD 24 7/8. In Zurich, its home exchange, Sulzer traded at 379 Swiss Francs. The Dollar/Franc - Exchange rate was 1.526 (1 Dollar buys 1.526 Swiss Francs). Now we can calculate: Multiply the price in Dollar with the ratio (10): 24 7/8 x 10=USD 248.75. With other words, ten ADR's equal one share of Sulzer Medica and will cost you $248.75 (excluding transaction costs). Now you multiply this Dollar-amount with the exchange rate: $248.75 x 1.526=SFR 379.59. The ADR has been valued fair.
The Bank of New York offers free software, which does all the calculation.