Which companies performed the best?
US car giant Tesla has been named the world’s most innovative company by Forbes.
The influential magazine’s sixth annual list of the World’s Most Innovative Companies consists of firms that investors feel are most likely to come up with the next big innovation.
Companies are ranked by their innovation premium: the difference between their market capitalization and the net present value of cash flows from existing businesses.
UK companies featured on the list include Arm Holdings, Reckitt Benckiser, and ITV.
The Top 20 Most Innovative Companies:
- TESLA MOTORS
- SALESFORCE.COM Â Â Â Â Â Â Â Â Â
- REGENERON PHARMACEUTICALSÂ Â Â Â Â Â Â Â Â Â Â Â
- INCYTE CORP
- ALEXION PHARMACEUTICALS INCÂ Â Â Â Â Â Â Â Â Â Â
- UNDER ARMOUR INCÂ Â Â Â
- MONSTER BEVERAGE CORPÂ Â Â Â Â Â Â
- UNILEVER INDONESIA TBK PTÂ Â Â Â
- VERTEX PHARMACEUTICALS INC
- BIOMARIN PHARMACEUTICAL INCÂ Â Â Â Â Â Â Â Â
- AMAZON.COM INCÂ Â Â Â Â Â Â Â
- ARM HOLDINGS
- NAVER
- FLEETCOR TECHNOLOGIES INCÂ Â
- NETFLIX INC
- SHANGHAI RAAS BLOOD PRODUCTS COMPANY LIMITED
- RAKUTENÂ Â Â Â Â Â Â Â Â Â Â
- ASIAN PAINTS LIMITED
- LG HOUSEHOLD & HEALTH CARE
- VERISK ANALYTICS INC
UK companies on Forbes’ Most Innovative Companies list:
ARM HOLDINGS PLC
Rank: 12
RECKITT BENCKISER GROUP PLC
Rank: 51Â Â Â Â Â Â Â Â Â Â Â Â Â Â
SMITH & NEPHEW PLC
Rank: 70
EXPERIAN PLC
Rank: 71
SABMILLER PLC
Rank: 79
CAPITA PLC
Rank: 86Â Â Â Â Â Â Â Â Â Â Â Â Â Â
ITV
Rank:Â 97
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