Public Companies 2007

| Print |  Email
Archives - August 2007
Wednesday, August 01, 2007

{safe_alt_text}The value proposition

Total market value, revenue make strong rebounds in our annual public list.

There have been no IPOs in the past year to help stock the public company pool, so it’s no surprise that our annual list of Oregon public companies continued to dwindle this year. From 1997 to 2006, there has been a net loss of 26 public companies.

But that’s the only thing shrinking in this club: The 62 companies on this year’s list posted leaps in total market value and total revenue. Market value grew 18.9% and revenue grew 9.2%, along with a 12.9% growth in total net incomes.

That is a much-improved picture compared to last year when total market value shrank by 6%, and only 42 companies saw revenue growth. This year, 48 companies posted revenue growth.

Oregon’s largest company by far, Beaverton-based Nike, saw its market value grow from $22.5 billion in 2005 to $25 billion last year.  The market value of No. 2 company Precision Castparts of Portland grew from $6.9 billion in 2005 to $10.7 billion in 2006.

Acquisitions and a change of address cost the list a few notable Oregon institutions. Among them: Oregon Steel Mills (No. 6 last year), was acquired in January by Evraz Group, a Russian steel and mining company; Barrett Business Services (No. 29 last year) moved its headquarters to Vancouver, Wash., in April; and also in April, Advanced Power Technology (No. 43 last year) was acquired by Irvine, Calif.-based Microsemi Corp.

But we also welcome a few newbies to town. New World Brands (No. 49) moved its headquarters from Ft. Lauderdale, Fla., to Eugene; MathStar (No. 60) moved from  Minneapolis, Minn., to Hillsboro; and Aultra Gold (No. 61) left Las Vegas to make Jacksonville its HQ.

The equity market remains strong, but clearly the Sarbanes-Oxley reporting requirements are still having a chilling effect on companies going public. But the chill hasn’t affected the heated performance of Oregon’s public companies this year.

— The editors

Continue to list...

Go to alphabetical index, glossary of terms and footnotes...


Oregon’s Public Companies list compiled by Brandon Sawyer, Oregon Business research editor.
PCcharts.gif PCcharts2.gif
Have an opinion? E-mail This e-mail address is being protected from spambots. You need JavaScript enabled to view it
 

More Articles

Reader Input: Road Work

March 2015
Wednesday, July 15, 2015

Oregon's roads are crumbling, and revenues from state and local gas taxes are not sufficient to pay for improvements. We asked readers if the private sector should help fund transportation maintenance and repairs. Research partner CFM Strategic Communications conducted the poll of 366 readers in February.

0315 input01 620px

 

Reader comments:

"I feel private enterprises are capable of operating at a higher efficiency than state government."

"This has been used in Oregon since the mid-1800s. It is not a new financing method. This form of financing may help Oregon close its infrastructure deficit by leveraging funds."


Read more...

10 Innovators in Rural Health

July/August 2015
Monday, July 13, 2015
BY AMY MILSHTEIN | PHOTOS BY JASON E. KAPLAN

Telemedicine, new partnerships and real estate diversification make health care more accessible in rural Oregon.


Read more...

Photo Log: Waterfront Blues Festival

The Latest
Thursday, July 09, 2015
bluesfestthumbBY JASON E. KAPLAN | STAFF PHOTOGRAPHER

The sweltering weather didn't keep the crowds away. Although the numbers were down slightly from last year, the Oregon Food Bank raised $850,636 to fight hunger.  About 80,000 people attended despite temperatures in the upper 90s.


Read more...

Wildcards

Guest Blog
Tuesday, July 28, 2015
China A SharesBY JASON NORRIS, CFA | OB GUEST BLOGGER

Uncertainty in Greece and China, along with potential interest rate hikes mean investors are looking at the market and nervously questioning where they should be invested.


Read more...

The Private 150: From Strength to Strength

July/August 2015
Monday, July 13, 2015
BY KIM MOORE

Revenues in Oregon's private, for profit sector maintained solid growth as the economy continued to rebound.


Read more...

Reader Input: Fair Play

May 2015
Wednesday, July 15, 2015

Former Governor John Kitzhaber's resignation in February prompted some soul searching in this state about ethical behavior in industry and government.


Read more...

Reader Input: Rx for Health Care

July/August 2015
Wednesday, July 15, 2015

We asked readers how Obamacare has impacted their business.


Read more...
Oregon Business magazinetitle-sponsored-links-02
SPONSORED LINKS