Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). X2M Connect's share price for the quarter that ended in Dec. 2023 was A$0.04. X2M Connect's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 228.52 Mil. Therefore, X2M Connect's market cap for the quarter that ended in Dec. 2023 was A$9.14 Mil.
X2M Connect's quarterly market cap
declined
from Dec. 2022 (A$15.14 Mil) to Jun. 2023 (A$12.44 Mil) and
declined
from Jun. 2023 (A$12.44 Mil) to Dec. 2023 (A$9.14 Mil).
X2M Connect's annual market cap
increased
from . 20 (A$0.00 Mil) to Jun. 2022 (A$12.59 Mil) but then
declined
from Jun. 2022 (A$12.59 Mil) to Jun. 2023 (A$12.44 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. X2M Connect's Enterprise Value for Today is A$14.48 Mil.
X2M Connect Market Cap Historical Data
The historical data trend for X2M Connect's Market Cap can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Competitive Comparison of X2M Connect's Market Cap
For the Scientific & Technical Instruments subindustry, X2M Connect's Market Cap, along with its competitors' market caps and Market Cap data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
X2M Connect's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, X2M Connect's Market Cap distribution charts can be found below:
* The bar in red indicates where X2M Connect's Market Cap falls into.
X2M Connect Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
X2M Connect's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
X2M Connect (ASX:X2M) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
X2M Connect Market Cap Related Terms
Thank you for viewing the detailed overview of X2M Connect's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
X2M Connect Ltd is an Internet of Things (IoT) technology company that uses the internet to deliver productivity improvements, cost savings, and improved public safety to enterprise and government customers. Its focus is servicing the utility sector in the Asia-Pacific utility market through the provision of technology that connects devices over the internet, such as water meters and gas pressure sensors, and which enables data exchange and control of these devices. The company's geographical segment includes South Korea; China; Taiwan and other countries. It derives a majority of revenue from South Korea.
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