Hidden Currency Exposure Detector
A stock listed on a US exchange isn't necessarily a US-dollar bet. Search a NASDAQ-100, DAX 40 or CAC 40 company and see where its revenue, and by extension its currency exposure, actually comes from.
Covers NASDAQ-100, DAX 40 and CAC 40 constituents (161 companies)
AAPL
AppleRevenue-by-region data compiled by EPTA5 from public company disclosures (annual/quarterly reports), not raw issuer feeds.
At a glance
| Tool | Hidden Currency Exposure Detector |
|---|---|
| What it does | Regional revenue split by company, from published filings. Home country, Europe, North America, Asia-Pacific and rest of world. Currency tilt implied by where the revenue is earned. Excel and PDF export. |
| Universe | 162 companies: every NASDAQ-100, DAX 40 and CAC 40 constituent, on their most recent reported fiscal year. |
| Data source | Company-reported geographic revenue, taken from annual filings and segment notes. One fiscal year per company, stated on the result. |
| Price | Free. No account and no sign-in. |
What the listing currency does not tell you
A share quoted in dollars on a US exchange is priced in dollars. That says nothing about where the company earns its money, and the earnings are what the valuation is made of. When the dollar moves against the euro, the yen or the renminbi, a company selling mostly abroad sees its reported revenue move with it, and the share price follows the earnings rather than the ticker.
The gap is often wide. A US-listed index constituent can book a minority of its revenue at home, and a European industrial can be more exposed to North America than to its own domestic market. Nothing on the quote screen shows this. It sits in the geographic segment note of the annual report, which is where this tool reads it from.
The practical consequence is that a portfolio built for currency diversification by picking listings in different currencies may not be diversified at all. Two positions listed on two continents can carry the same underlying exposure, because both sell into the same end markets.
How the split is built
Each company is matched to its reported geographic revenue breakdown for one fiscal year, the year being displayed with the result. The breakdown is normalised into five buckets: home country, Europe, North America, Asia-Pacific, and rest of world. Reporting formats differ between issuers, so the underlying note is carried alongside the figures rather than hidden behind them.
The buckets can overlap by construction. A US company reporting "Americas" contributes to both its home country and to North America, and the tool keeps that rather than forcing a false sum to one hundred. What is shown is what the company published, mapped to a common frame, with the mapping visible.
No exchange rate is applied and no revenue is converted. The tool reports where the revenue is earned, not what it would be worth after translation. That is deliberate: the translation effect depends on the reporting currency and the period, and inventing one would produce a number the company never published.
What it does not do
This is a revenue geography tool, not a hedging tool. Companies hedge, sometimes heavily, and a hedged exposure behaves differently from an unhedged one. Hedging policy is disclosed in the financial instruments note, not the segment note, and it is not part of this dataset.
Revenue geography is also not production geography. A firm can sell in one region and produce in another, which changes the sign of its currency sensitivity. Reading the split as a one-way bet on a currency will be wrong for any company with a matched cost base.
Finally, the data is annual. A company whose regional mix moved sharply after its last published fiscal year will look stale here until it reports again.
Questions
- Which companies are covered?
- The 162 constituents of the NASDAQ-100, the DAX 40 and the CAC 40. The universe is index-based rather than an arbitrary ticker list, so it stays comparable.
- Where does the revenue split come from?
- From each company's own reported geographic segment breakdown, for the fiscal year shown with the result. Nothing is estimated or modelled.
- Why do the percentages not always add to 100?
- Because issuers use overlapping regions. A US company reporting "Americas" counts in both its home country and North America. The tool keeps the reported figures rather than forcing them to a total.
EPTA5 publishes data and research tools. Nothing on this page is investment advice, a recommendation, or a solicitation to buy or sell any financial instrument. Past performance does not predict future returns.