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). Digi International's share price for the quarter that ended in Dec. 2023 was $26. Digi International's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 36.2 Mil. Therefore, Digi International's market cap for the quarter that ended in Dec. 2023 was $942.5 Mil.
Digi International's quarterly market cap
declined
from Jun. 2023 ($1,416.3 Mil) to Sep. 2023 ($973.8 Mil) and
declined
from Sep. 2023 ($973.8 Mil) to Dec. 2023 ($942.5 Mil).
Digi International's annual market cap
increased
from Sep. 2021 ($720.2 Mil) to Sep. 2022 ($1,228.5 Mil) but then
declined
from Sep. 2022 ($1,228.5 Mil) to Sep. 2023 ($973.8 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. Digi International's Enterprise Value for Today is $1,288.8 Mil.
Digi International Market Cap Historical Data
The historical data trend for Digi International'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 Digi International's Market Cap
For the Communication Equipment subindustry, Digi International'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.
Digi International's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Digi International's Market Cap distribution charts can be found below:
* The bar in red indicates where Digi International's Market Cap falls into.
Digi International 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.
Digi International's Market Cap for the fiscal year that ended in Sep. 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.
Digi International (NAS:DGII) 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.
Digi International Market Cap Related Terms
Thank you for viewing the detailed overview of Digi International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Digi International (Digi International) Business Description
Digi International Inc is a Minnesota corporation. The company provides business and mission-critical and Internet of Things (IoT) connectivity products and services. It has two segments: IoT Products and Services and IoT Solutions. The IoT Products and Services segment consists of distinct communications products and communication product development services. IoT Solutions segment offers wireless temperature and other environmental condition monitoring services as well as employee task management services. The company generates majority of its revenue from the IoT Products & Services segment. Geographically, the company generates majority of its revenue from its business in the United States and also has its presence in Europe, Middle East and Africa and Rest of the world.
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