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). Ellie Mae's share price for the quarter that ended in Dec. 2018 was $62.83. Ellie Mae's Shares Outstanding (EOP) for the quarter that ended in Dec. 2018 was 34.8 Mil. Therefore, Ellie Mae's market cap for the quarter that ended in Dec. 2018 was $2,184.9 Mil.
Ellie Mae's quarterly market cap
declined
from Jun. 2018 ($3,597.0 Mil) to Sep. 2018 ($3,301.9 Mil) and
declined
from Sep. 2018 ($3,301.9 Mil) to Dec. 2018 ($2,184.9 Mil).
Ellie Mae's annual market cap
increased
from Dec. 2016 ($2,818.8 Mil) to Dec. 2017 ($3,060.0 Mil) but then
declined
from Dec. 2017 ($3,060.0 Mil) to Dec. 2018 ($2,184.9 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. Ellie Mae's Enterprise Value for Today is $3,445.1 Mil.
Ellie Mae Market Cap Historical Data
The historical data trend for Ellie Mae'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 Software - Application subindustry, Ellie Mae'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.
Ellie Mae's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Ellie Mae's Market Cap distribution charts can be found below:
* The bar in red indicates where Ellie Mae's Market Cap falls into.
Ellie Mae 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.
Ellie Mae's Market Cap for the fiscal year that ended in Dec. 2018 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.
Ellie Mae (NYSE:ELLI) 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.
Ellie Mae Market Cap Related Terms
Thank you for viewing the detailed overview of Ellie Mae's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ellie Mae Inc is a provider of on-demand software solutions and services for the residential mortgage industry. Its solutions provide a system to allow banks, credit unions, and mortgage lenders to originate and fund mortgages. The company's solutions include customer relationship management, loan processing, underwriting, compliance, and overall enterprise management capabilities. The company derives revenue from transaction-based fees and subscription fees to its Software-as-a-Service solutions, which are typically sold on an annual basis. All of the firm's revenue is generated in the United States.
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