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Cal-Maine Foods, Inc. (NAS:CALM)
Market Cap
$1,268 Mil (As of Feb. 2014)

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. Cal-Maine Foods, Inc.'s share price for the quarter that ended in Feb. 2014 was $52.43. Cal-Maine Foods, Inc.'s shares outstanding for the quarter that ended in Feb. 2014 was 24 Mil. Therefore, Cal-Maine Foods, Inc.'s market cap for the quarter that ended in Feb. 2014 was $1,268 Mil.

Cal-Maine Foods, Inc.'s quarterly market cap increased from Aug. 2013 ($1,100 Mil) to Nov. 2013 ($1,325 Mil) but then declined from Nov. 2013 ($1,325 Mil) to Feb. 2014 ($1,268 Mil).

Cal-Maine Foods, Inc.'s annual market cap increased from May. 2011 ($711 Mil) to May. 2012 ($849 Mil) and increased from May. 2012 ($849 Mil) to May. 2013 ($1,078 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. Cal-Maine Foods, Inc.'s enterprise value for the quarter that ended in Feb. 2014 was $1,142 Mil.


Definition

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.

Cal-Maine Foods, Inc.'s Market Cap for the fiscal year that ended in May. 2013 is calculated as

Market Cap (A: May. 2013 )=Share Price (A: May. 2013 )*Shares Outstanding (A: May. 2013 )
=44.74*24.10
=1,078

Cal-Maine Foods, Inc.'s Market Cap for the quarter that ended in Feb. 2014 is calculated as

Market Cap (Q: Feb. 2014 )=Share Price (Q: Feb. 2014 )*Shares Outstanding (Q: Feb. 2014 )
=52.43*24.18
=1,268

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.


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 company’s 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.


Related Terms

Shares Outstanding


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Cal-Maine Foods, Inc. Annual Data

May04May05May06May07May08May09May10May11May12May13
mktcap 3341541653157405807727118491,078

Cal-Maine Foods, Inc. Quarterly Data

Nov11Feb12May12Aug12Nov12Feb13May13Aug13Nov13Feb14
mktcap 8089198509611,1059761,0781,1001,3251,268
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