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WHAT DRIVES SHAREHOLDER VALUE IN THE AUTOMOBILITY INDUSTRY?

In recent years, many companies in the automobility industry have failed to translate sales volume growth into higher share prices. However, the task of trying to unpack this apparent disconnect is hampered by the fact that no existing index provides a like-for-like comparison of automotive stock companies with their industry peers.
Enter the Berylls Automobility Index.
INDEX
INDEX
THE BAX 70.

EXPLORE OUR AUTOMOBILITY INDEX.

Covering the 70 most important car manufacturers, suppliers, dealer groups, and mobility service providers worldwide, the “BAX 70” gives answers where existing indices fall short.
By including only companies whose core business is automobility, and by enforcing a strict code that ensures that each region and each category of automobile goods and services is sufficiently covered, the index provides an undiluted representation of the industry as a whole for the first time.
Explore the BAX 70 below.
COMPOSITION
COMPOSITION

COMBINING AUTOMOBILITY EXPERTISE WITH THE CAPITAL MARKET PERSPECTIVE.

The BAX 70 provides the baseline to calibrate the automobility industry’s status quo – both at the company and the industry level. As a boutique strategy consultancy focusing exclusively on the automobility sector, we are part of the automotive industry ourselves. By combining automobility expertise with a capital market perspective, we will develop the BAX 70 into a platform that provides tailored and actionable insights on the global capital markets for automobility companies.
For each sector along the value chain of suppliers, OEMs, dealers, and mobility services, we quarterly select firms based on the following criteria.
  • We only include firms for which automobility is the core business.
  • We select firms based on the market capitalization over the past period.
  • We ensure that each region is sufficiently represented in the BAX 70, by enforcing a certain coverage per region.
  • We ensure that each category of automobile components in the supplier’s environment is sufficiently represented by enforcing a certain coverage.
OEMs
  • Bayerische Motoren Werke Aktiengesellschaft
  • BYD Co. Ltd
  • China FAW Group Co. Ltd.
  • Daimler AG
  • Ferrari N.V.
  • Fiat Chrysler Automobiles N.V.
  • Ford Motor Company
  • General Motors Company
  • Groupe PSA SA
  • Honda Motor Co. Ltd.
  • Hyundai Motor Company
  • NIO Limited
  • SAIC Motor Corporation Ltd.
  • Subaru Corporation
  • Suzuki Motor Corporation
  • Tesla Inc.
  • Toyota Motor Corporation
  • Volkswagen Aktiengesellschaft
  • XPeng Inc.
  • Zhejiang Geely Holding Group Co. Ltd.
Suppliers
  • Aisin Seiki Co. Ltd.
  • Aptiv PLC
  • Autoliv Inc.
  • BorgWarner Inc.
  • Brembo S.p.A.
  • Bridgestone Corporation
  • Contemporary Amperex Technology Co. Ltd.
  • Continental AG
  • Dana Inc.
  • Denso Corporation
  • Faurecia SE
  • Hankook Tire Co.
  • Hanon Systems
  • HELLA GmbH & Co. KGaA
  • Huayu Automotive Systems Shanghai Co. Ltd.
  • Hyundai Mobis Co. Ltd.
  • Infineon Technologies AG
  • JTEKT Corporation
  • Koito Manufacturing Co. Ltd.
  • Lear Corporation
  • Linamar Corporation
  • Magna International Inc.
  • Manufacture Francaise des Pneumatiques Michelin SCA
  • NSK Ltd.
  • Stanley Electric Co. Ltd.
  • Sumitomo Electric Industries Ltd.
  • Sumitomo Rubber Industries Ltd.
  • TE Connectivity Ltd.
  • Valeo SA
  • Weichai Power Co. Ltd.
Dealer Groups
  • Auto Trader Group
  • AutoNation Inc.
  • Bilia AB
  • carsales.com Ltd
  • China Grand Automotive Services Group Co. Ltd.
  • Inchcape
  • Lithia Motors Inc.
  • Penske Automotive Group Inc.
  • USS Co. Ltd.
  • Zhongsheng Group Holdings Ltd.
Mobility Service Providers
  • Avis Budget Group Inc.
  • Companhia de Locacao das Americas (Unidas Frotas)
  • Dazhong Transportation Group Co. Ltd.
  • Europcar Mobility Group S.A.
  • Ichinen Holdings Co. Ltd.
  • Localiza Rent a Car SA
  • Lyft Inc.
  • Movida Participacoes SA
  • Sixt SE
  • Uber Technologies Inc.
Read the first installment of our BAX 70 Capital Market Insights below.
INSIGHTS
INSIGHTS
BAX 70 CAPITAL MARKETS INSIGHTS.

CHALLENGING THE STATUS QUO OF CAPITAL MARKET COMMUNICATION.

THE AUTOMOBILITY INDUSTRY RECORDED A CLEAR DOWNWARD TREND OVER THE PAST TWO YEARS. ONLY FEW PLAYERS MANAGED TO DEFY THAT TREND.

Remember Dieselgate, trade wars etc.? These were some of the reasons behind a downward trend within automobility stocks since the beginning of 2018. First signs of an upswing during the first 2 months of 2020 were foiled by the global COVID 19 pandemic that led to a crash. After plummeting roughly 40%, the BAX 70 just recently reached pre-COVID 19 levels.
ABOUT US
ABOUT US
BERYLLS STRATEGY ADVISORS.

MAKING AUTOMOBILITY VIABLE. BUT DIFFERENT.

Berylls Strategy Advisors is a top management consulting firm specialized in the automotive industry, with offices in Munich and Berlin, in China, in Great Britain, in South Korea, in Switzerland and in the USA. Our strategy advisors and associated expert network collaborate with automotive manufacturers, automotive suppliers, engineering services providers, outfitters and investors to find answers to the automotive industry’s key challenges. Our main focus is on innovation & growth strategies, support for mergers & acquisitions, organizational development & transformation and profit improvement measures across the entire value chain.
In addition, together with our clients, experts at Berylls Digital Ventures develop solutions for digitizing and transforming the business models of OEMs, suppliers, engineering services providers and mobility providers.
Longstanding experience, well-founded knowledge, innovative solutions, as well as an entrepreneurial mindset distinguish Berylls consulting teams. Through partnerships with experts, Berylls can draw on in-depth technology expertise, a comprehensive understanding of the market, and powerful networks in order to develop workable solutions.

 

Visit berylls.com  External Link
DIALOG
DIALOG

WANT TO TALK TO US …

 … ABOUT YOUR CAPITAL MARKET STORY?

DR. JAN BURGARD

Executive Partner
jan.burgard@berylls.com

YOUR BERYLLS CONTACT

ANDREAS RADICS

Executive Partner
andreas.radics@berylls.com

YOUR BERYLLS CONTACT