THE MOST COMPETITIVE COMPANIES OF THE DECADE*

Name
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50

INFOSYS TECHNOLOGIES LTD

BIOGEN IDEC INC
FRONTLINE LTD
SAGE GROUP PLC
PENN NATIONAL GAMING INC
MERITAGE HOMES CORP
SAMSUNG ELECTRONICS CO LTD
WIPRO LTD
AMERN EAGLE OUTFITTERS INC
APOLLO GROUP INC
AES CORP. (THE)
FORD OTOMOTIV SANAYI AS
EREGLI DEMIR VE CELIK FABRIK
SHENZHEN CHIWAN WHARF HLDG
DELL INC
KINGSPAN GROUP PLC
PACIFIC SUNWEAR CALIF INC
CISCO SYSTEMS INC
ALTRAN TECHNOLOGIES SA
HON HAI PRECISION IND CO LTD
SHAW GROUP INC
TIME WARNER INC
EMC CORP/MA
NBTY INC
TECHTRONIC INDUSTRIES CO LTD
MAN GROUP PLC
JABIL CIRCUIT INC
MICROSOFT CORP
VORNADO REALTY TRUST
CLEAR CHANNEL COMMUNICATIONS
BKW ENERGIE AG
HERO HONDA MOTORS LTD
MAVERICK TUBE CORP
ADVANCED SEMICON ENGINEERING
SHAW COMMUNICATN INC
CINRAM INTERNATIONAL INC
CAPITA GROUP PLC
BARR PHARMACEUTICALS INC
NOKIA (AB) OY
NVR INC
KCC CORP
ATI TECHNOLOGIES INC
MAXIM INTEGRATED PRODUCTS
ESPRIT HLDGS LTD
AMGEN INC
CSL LTD
IOI CORP BHD
ASTRA INTERNATIONAL TBK (PT)
VODAFONE GROUP PLC
PUMA AG RUDOLF DASSLER SPORT

10-Year Average
Sales EBITDA
TRS Growth Margin
54.06
62.99 33.83
53.16
53.74 19.34
60.65
25.21 47.95
55.35
34.41 28.20
63.29
41.13 19.15
61.02
32.55 23.91
69.44
21.49 24.67
60.21
21.23 19.41
88.70
28.50 12.39
37.75
30.69 23.50
42.40
37.29 35.71
79.10
31.03 11.30
52.76
19.75 23.04
41.93
20.17 51.46
72.16
33.21
9.44
65.67
29.39 13.64
66.28
32.35 12.89
32.69
37.34 31.78
55.01
29.85 16.68
45.24
51.09 14.36
60.18
44.23
7.83
19.00
35.61 23.07
55.27
22.67 21.87
54.95
28.95 15.76
63.04
31.89 10.37
39.14
19.60 44.29
56.89
35.07
8.46
31.07
23.51 47.60
25.66
28.45 60.19
21.18
54.12 35.02
52.73
15.78 22.52
56.25
27.50 13.80
71.36
21.64
9.54
36.29
25.19 30.39
31.70
24.41 41.11
37.67
28.12 18.15
41.42
35.87 13.25
47.81
23.29 17.29
29.24
21.45 19.92
59.94
17.65 13.13
40.56
27.34 21.48
50.24
31.65 10.19
21.20
29.85 42.89
47.82
25.79 15.71
24.90
21.09 47.04
35.70
26.23 21.25
28.48
32.23 33.18
46.38
24.48 14.64
22.32
41.91 36.26
47.24
23.29 13.57

Name
51
52
53
54
55
56
57
58
59
60
61
62
63
64
65
66
67
68
69
70
71
72
73
74
75
76
77
78
79
80
81
82
83
84
85
86
87
88
89
90
91
92
93
94
95
96
97
98
99
100

IMPALA PLATINUM HOLDINGS LTD

SPIL-SILICONWARE PREC IND CO
CIA SUDAMERICANA DE VAPORES
IZOCAM TICARET VE SANAYI AS
GUIDANT CORP
ORACLE CORP
ABERTIS INFRAESTRUCTURAS SA
OM GROUP INC
CJ CORP
ANTOFAGASTA PLC
AUTOSTRADE SPA
HANWHA CORP
HONAM PETROCHEMICAL CORP
ADVANCED INFO SERVICE PCL
BROOKFIELD PROPERTIES CORP
STARBUCKS CORP
WETHERSPOON (JD) PLC
TIETOENATOR OYJ
HYUNDAI MOBIS
GENZYME CORP
ASSA ABLOY AB
COPESUL-CIA PETROQUIMICA SUL
FOREST LABORATORIES
APPLIED MATERIALS INC
MEDQUIST INC
CHINA INTL MARINE CONTAINERS
D R HORTON INC
COMPUWARE CORP
SAP AG
SHINSEGAE CO LTD
PRECISION CASTPARTS CORP
INDUS MOTORS CO PLC
HANJAYA MANDALA SAMPOERNA
MAANSHAN IRON & STEEL CO LTD
XILINX INC
INTL GAME TECHNOLOGY
TEVA PHARMACEUTICALS
GAME GROUP PLC (THE)
CHINA SOUTHERN GLASS HOLDING
METROPOLE TV-(M6)
METKA SA
H & M HENNES & MAURITZ AB
AMOREPACIFIC CORP
SKYWEST INC
ALTERA CORP
ADOBE SYSTEMS INC
SIXT AG
WENDEL INVESTISSEMENT
LABORATORY CP OF AMER HLDGS
USG PEOPLE NV

10-Year Average
Sales EBITDA
TRS Growth Margin
41.48
13.85 34.11
28.31
29.35 29.53
26.05
16.48
5.41
61.29
7.83 26.02
29.17
16.43 33.58
35.57
15.82 32.56
21.62
20.72 56.81
31.19
38.89 16.83
54.00
20.37 11.94
33.62
17.65 36.14
43.33
8.21 46.24
66.43
22.02
7.08
43.78
19.31 19.60
21.18
29.26 44.61
39.78
11.69 37.00
32.56
34.48 15.38
28.69
35.40 19.19
42.04
19.29 14.57
61.06
17.46 10.24
25.58
21.24 32.68
30.51
24.81 17.14
59.78
9.67 18.74
30.28
27.30 24.85
28.15
24.75 23.37
37.55
19.20 21.22
39.90
35.44 10.19
38.86
30.78 10.02
48.38
12.79 21.18
23.88
24.75 25.53
55.78
23.98
7.56
34.69
21.95 16.60
64.22
17.25
8.45
30.52
18.92 23.01
38.42
24.09 16.97
27.04
20.87 30.05
35.81
15.13 30.84
28.21
25.31 20.40
43.71
38.35
7.16
37.85
14.54 28.33
27.13
15.94 38.39
28.26
18.69 12.12
41.38
17.48 17.10
65.80
6.38 19.81
36.30
20.26 18.91
19.34
23.37 34.17
31.65
11.47 32.92
47.53
13.54 16.11
30.55
14.70 33.97
46.69
14.61 16.18
39.52
28.79
9.52

* Based on average total return to shareholders (TRS), revenue growth, and EBITDA margin for the years 1994 - 2005; only includes companies with over $1billion
in revenue