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Currency
Converter USD-FRF
Currency Converter USD-Euro
ADR Daily Report (Yahoo Finance) | The Market Mavens Report: Global Markets
| Issue | CUSIP | Exchange | Symbol | Ratio* | Industry | |
| ACCOR, S.A. | 00435F101 | OTC | ACRFY | 10: | 1 | HOT |
| ALCATEL | 013904305 | NYSE | ALA | 5: | 1 | TEL |
| ALSTOM | 021244108 | NYSE | ALS | 1: | 1 | MAC |
| ASSURANCE GENERALE FRANCES (AGF) 144A | 83365Q107 | 144A | AGF144A | 1: | 1 | INS |
| AXA | 054536107 | NYSE | AXA | 2: | 1 | INS |
| BANQUE NATIONALE DE PARIS 144A | 066747106 | 144A | BNPPYP | 1: | 1 | BKS |
| BOUYGUES OFFSHORE S.A. | 102112109 | NYSE | BWG | 2: | 1 | CST |
| BUSINESS OBJECTS S.A. | 12328X107 | NAS | BOBJY | 1: | 1 | OFF |
| CANAL PLUS | 137041208 | OTC | CNPLY | 5: | 1 | MED |
| CIMENTS FRANCAIS | 17185G204 | OTC | CIMFY | 2: | 1 | CST |
| CLARINS | 180515207 | OTC | CRASY | 5: | 1 | COP |
| CLUB MEDITERRANEE | 189472400 | OTC | CLMDY | 5: | 1 | HOT |
| COFLEXIP | 192384105 | NAS | CXIPY | 2: | 1 | OGS |
| COMPAGNIE DE SUEZ | 204282206 | OTC | CSUZY | 2: | 1 | BKS |
| COMPAGNIE GENERALE DE GEOPHYSIQUE | 204386106 | NYSE | GGY | 5: | 1 | OGS |
| COMPAGNIE GENERALE DES EAUX | 204390108 | OTC | CGDEY | 5: | 1 | SVC |
| DASSAULT SYSTEMES S.A. | 237545108 | NAS | DASTY | 1: | 1 | CSN |
| DIFFUSION INTERNATIONALE | 253747109 | OTC | DFUBY | 1: | 1 | BEV |
| EDAP TECHNOMED S.A. | 268311107 | NAS | EDAPY | 1: | 1 | DRU |
| ELF AQUITAINE | 286269105 | NYSE | ELF | 2: | 1 | OGS |
| FIAT FRANCE S.A. (FFSA) | 302421201 | OTC | FFSAY | 1: | 1 | AUT |
| FLAMEL TECHNOLOGIES S.A. | 338488109 | NAS | FLMLY | 1: | 1 | DRU |
| FRANCE TELECOM | 35177Q105 | NYSE | FTE | 1: | 1 | TEL |
| FRANCE TELECOM (ADBR) 144A | 35177QAB1 | 144A | FTENPB | 1: | 1 | TEL |
| GENSET | 37244T104 | NAS | GENXY | 3: | 1 | DRU |
| GROUPE AB | 39944Q109 | NYSE | ABG | 2: | 1 | MED |
| GROUPE DANONE | 399449107 | NYSE | DA | 5: | 1 | HCG |
| ILOG SA | 452360100 | NAS | ILOG | 1: | 1 | CSN |
| L'AIR LIQUIDE | 009126202 | OTC | AIQUY | 5: | 1 | CHM |
| L'OREAL | 502117203 | OTC | LORLY | 5: | 1 | COP |
| LAFARGE COPPEE S.A. | 505861203 | OTC | LFGEY | 3: | 1 | CST |
| LAGARDERE GROUPE S.C.A. | 507069102 | OTC | LGDDY | 1: | 1 | MUL |
| LOUIS DREYFUS CITRUS S.A. 144A | 546008103 | 144A | DYRPP | 1: | 1 | FOD |
| LVMH, MOET HENNESSEY LOUIS VUITTON | 502441207 | NAS | LVMHY | 5: | 1 | LUX |
| PECHINEY | 705151207 | NYSE | PY | 2: | 1 | MIN |
| PERNOD RICARD S.A. | 714264108 | OTC | PDRDY | 4: | 1 | BEV |
| PEUGEOT CITROEN S.A. | 716825500 | OTC | PEUGY | 4: | 1 | AUT |
| RENAULT 144A | 759673106 | 144A | RNAUYP | 1: | 1 | AUT |
| RHODIA | 762397107 | NYSE | RHA | 1: | 1 | CHM |
| RHONE POULENC S.A. SERIES A | 762426609 | NYSE | RP | 1: | 1 | CHM |
| RHONE-POULENC "PSSA" ADRS | 762426401 | NYSE | RPPPA | 4: | 1 | CHM |
| ROUSSEL-UCLAF S.A. 144A | 779293109 | 144A | RSUCY | 2: | 1 | CHM |
| SCOR | 80917Q106 | NYSE | SCO | 1: | 1 | INS |
| SIDEL SA | 825855109 | OTC | SIELY | 4: | 1 | MAC |
| SOCIETE GENERALE | 83364L109 | OTC | SCGLY | 5: | 1 | BKS |
| TECHNIP 144A | 878546100 | 144A | TECHNYP | 2: | 1 | CST |
| THOMSON-CSF | 885094409 | OTC | TCSFY | 1: | 1 | CLE |
| TOTAL | 89151E109 | NYSE | TOT | 2: | 1 | OGS |
| TRANSGENE S.A. | 89365U105 | NAS | TRGNY | 3: | 1 | DRU |
| USINOR SACILOR 144A | 916904105 | 144A | URSAYP | 1: | 1 | STE |
| VALEO | 919134304 | OTC | VLEEY | 1: | 1 | AUT |
| VIVENDI | 92851S105 | OTC | VDIY | 5: | 1 | SVC |
| * 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. |