Trawling for the FTSE 100 constituents of tomorrow

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The FTSE 250 is challenging its all-time high which is a decent achievement given its star performers end up in the FTSE 100.


The senior index, by the way, is not particularly adjacent to its all-time high.


What’s also impressive is the FTSE 100 jettisons its unwanted baggage, which ends up being carried by the mid-cap index, and yet still it soldiers on, hitting new heights.


So, who are the “hard-chargers” that look set to make it in the fullness of time into the FTSE 100?


Now, you might think that this is a simple matter of listing the FTSE 250 companies ranked by market capitalisation but that does not give any insight into the long-term trajectory of the stock.


To do that, we have calculated the annual percentage growth over a ten-year and ranked them accordingly. For interest, in the table below we have also listed each company’s market capitalisation and where that ranks it.


Growth rank Company Avg. annual % growth Current market cap. (GBPmln) Market cap. rank
1. Future PLC (LSE:FUTR) 52.7% 4,236 12
2. Liontrust Asset Management (LSE:LIO) 45.6% 1,253 166
3. Oxford BioMedica PLC (AIM:OXB) 43.4% 1,110 177
4. Games Workshop Group PLC (LSE:GAW) 39.4% 3,727 23
5. Dechra Pharmaceuticals PLC 35.5% 5,305 5
6 Allianz Technology Trust 33.2% 1,272 164
7. Avon Protection PLC 32.1% 822 233
8. IP Group PLC (LSE:IPO) 31.8% 1,235 168
9. UNITE Group PLC 31.0% 4,640 9
10.

Baillie Gifford Shin Nippon PLC

30.7% 737 240
11. Sirius Real Estate Ltd (LSE:SRE, FRA:EYI, JSE:SRE) 30.0% 1,264 165
12. Finsbury Growth & Income Trust PLC 29.2% 2,036 90

It’s worth noting that not all FTSE 250 companies have been around for 10 years. Closes misses from the above list include:


From perusing that list it becomes evident how significant infrastructure investment has become in recent years and how popular CFD platform operators are; there is also some comfort for longstanding WizzAir shareholders.


On another day, we will look at who are the cart-horses, the lame and the sick that appear to be preventing the mid-cap index from emulating its sexier brethren across the pond. Spoiler alert: it won’t make good reading for long-term supporters of oil companies and outsourcing firms.

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