Inditex Tops Brand Finance’s Intangibles Ranking, Spain Breaks Trend in Value

Inditex reigns in the ranking of intangibles. The fashion distribution company crowns the list prepared by Brand Financewhich also includes other large Ibex35 listed companies such as Iberdrola or Telefonica.

Specific, Brand Finance estimates the value of the Galician group’s intangibles at 51,780 million euros. The consulting firm takes into account assets associated with marketing, such as brands, as well as other indicators such as multi-period excess profits (Mpeem, in its figures in English).

The report states that The total value of intangible assets in Spain has decreased by 36% in Spain in 2022, compared to the 25% decrease noted by companies on a global scale. The consulting firm attributes the decline to the global economic context.

Spain breaks the trend of growth in the value of intangibles experienced in recent years

The value of the intangible assets of the largest companies in the world has fallen by 25% in 2022. This year’s drop in the value of intangible assets is similar to the decline that these assets have suffered in past economic crises: in 2011 they fell by 27% and in 2008, 59%.

In the last 27 years, Spain had seen the value of intangible assets increase by an average of 10% per year, but in 2022 the increase has slowed. The value of Spanish companies corresponds to 29% of intangible assets. The proportion of intangible assets in companies has decreased by nine percentage points, since in 2021 it reached 38%.

Compared to other countries, Spain has the highest percentage of declared intangible assets, 10.3% compared to 9.7% in the United States, where Apple, the international company with the highest value of intangibles, 2,297 trillion dollars, has its headquarters. . Behind them are Mexico, with 6%; Brazil, with 5.8%, and Argentina with 5.1%.