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). Axfood AB's share price for the quarter that ended in Mar. 2024 was $26.83. Axfood AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 216 Mil. Therefore, Axfood AB's market cap for the quarter that ended in Mar. 2024 was $5,789 Mil.
Axfood AB's quarterly market cap
declined
from Sep. 2023 ($4,748 Mil) to Dec. 2023 ($4,747 Mil) but then
increased
from Dec. 2023 ($4,747 Mil) to Mar. 2024 ($5,789 Mil).
Axfood AB's annual market cap
declined
from Dec. 2021 ($5,246 Mil) to Dec. 2022 ($4,748 Mil) and
declined
from Dec. 2022 ($4,748 Mil) to Dec. 2023 ($4,747 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. Axfood AB's Enterprise Value for Today is $6,495 Mil.
Axfood AB Market Cap Historical Data
The historical data trend for Axfood AB'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.
For the Grocery Stores subindustry, Axfood AB'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.
Axfood AB's Market Cap Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Axfood AB's Market Cap distribution charts can be found below:
* The bar in red indicates where Axfood AB's Market Cap falls into.
Axfood AB 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.
Axfood AB's Market Cap for the fiscal year that ended in Dec. 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.
Axfood AB (OTCPK:AXFOF) 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.
Axfood AB Market Cap Related Terms
Thank you for viewing the detailed overview of Axfood AB's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Axfood AB operates food retail and wholesale businesses in Sweden. Its operating segments include Willys, Hemkop, Dagab, and Snabbgross. The Willys segment operates two discount grocery chains: Willys and Eurocash. Willys is Sweden's primary discount market chain, while Eurocash serves mainly the Norwegian-Swedish border. Hemkop offers a wide range of fresh products for meal solutions. Dagab is engaged in the wholesale purchasing and logistics business. Narlivs operates within this segment as a wholesaler serving independent grocers and convenience retailers. This segment contributes to the majority of the company's revenue. Snabbgross is a restaurant wholesaler, catering primarily to cafes, fast-food establishments, and high-end restaurants.
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