MCX

Munich Strategy Construction Index.

Explore the MCX.

  • The MCX is an interactive tool for understanding the performance of companies in the construction sector. It provides unique insights into the global capital markets for construction companies.
  • The index covers over 100 hand-picked manufacturers, distributors and service providers in the construction industry worldwide.
  • It includes only companies whose core business is construction. Munich Strategy has ensured that each region, segment and size is sufficiently represented in the index. Thus, the MCX is the first index to provide a real-time representation of the construction industry as a whole.

Index companies.

We have subdivided the construction industry into six segments. For each segment we have selected publicly listed companies based on the following criteria:
  • Construction is the core business
  • Relevant market capitalization over the past period
  • Each region (Europe, North America, Asia) is sufficiently represented
  • Peer group represents company size from small cap to large cap

Current index companies (extract).

Construction

ACCIONA S.A.
COLAS
HOCHTIEF AG
PORR AG
STRABAG SE
VINCI S.A.

Distribution

HOME DEPOT INC.
HORNBACH HOLDING
LOWE`S COMPANIES INC.

Machinery & tools

ATLAS COPCO AB
CATERPILLAR INC.
KOMATSU LTD.
SANY HEAVY INDUSTRY
TEREX CORPORATION
WACKER NEUSON SE

Software

AUTODESK INC.
BIMOBJECT AB
NEMETSCHEK SE
RIB SOFTWARE SE

Supplies

CHINA WEST CONSTRUCTION GROUP CO. LTD
CRH PLC
GUANGDONG TAPAI GROUP CO. LTD.
JAMES HARDIE INDUSTRIES PLC
LAFARGEHOLCIM LTD
RPM INTERNATIONAL INC.
SIKA AG
STO SE & CO. KGAA
U.S. CONCRETE INC.
UZIN UTZ AG
WIENERBERGER AG

Technologies

ASSA ABLOY AB
DECEUNINCK NV
GEBERIT AG
LIXIL GROUP CORPORATION
MASCO CORPORATION
SAINT-GOBAIN
SOMFY S.A.
SYSTEMAIR AB (PUBL)
TOTO LTD.
UPONOR OYJ
VILLEROY & BOCH AG

Methodology.

  • The MCX starts at 100 points on January 1st, 2000, which allows insight into macro-trends and cyclicality of the construction industry.
  • Daily change is calculated by means of change in total (free float) market capitalization of all included companies.
  • The tool allows comparison between different subsets of the index such as industry segments, regions and company size. 

Our approach.

Munich Strategy is a strategy consultancy for the construction industry. We have developed the index to benchmark our clients’ performance with their peer group. Performance deltas indicate areas for action: Who outperforms the index? Who defies a downturn? What’s the impact of macro trends on segment level? What are the regional differences?
The MCX is the first tool that allows corporates and investors real-time insight into the construction industry’s status quo.

Your Contact
T +49 (0) 89 1250 1590
presse@munich-strategy.com
Dr. Sebastian
Theopold