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Esterline Technologies Corp (NYSE:ESL)
Market Cap
$1,972 Mil (As of Today)

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 (end-of-period, EOP). Esterline Technologies Corp's share price for the quarter that ended in Mar. 2016 was $64.07. Esterline Technologies Corp's shares outstanding (EOP) for the quarter that ended in Mar. 2016 was 30 Mil. Therefore, Esterline Technologies Corp's market cap for the quarter that ended in Mar. 2016 was $1,898 Mil.

Esterline Technologies Corp's quarterly market cap declined from Jul. 2015 ($2,618 Mil) to Dec. 2015 ($2,395 Mil) and declined from Dec. 2015 ($2,395 Mil) to Mar. 2016 ($1,898 Mil).

Esterline Technologies Corp's annual market cap increased from Oct. 2011 ($1,711 Mil) to Oct. 2012 ($1,784 Mil) and increased from Oct. 2012 ($1,784 Mil) to Oct. 2013 ($2,520 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. Esterline Technologies Corp's enterprise value for Today is $2,644 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.

Esterline Technologies Corp's Market Cap for the fiscal year that ended in Oct. 2013 is calculated as

Market Cap (A: Oct. 2013 )=Share Price (A: Oct. 2013 )*Shares Outstanding (EOP) (A: Oct. 2013 )
=80.16*31.44
=2,520

Esterline Technologies Corp's Market Cap for the quarter that ended in Mar. 2016 is calculated as

Market Cap (Q: Mar. 2016 )=Share Price (Q: Mar. 2016 )*Shares Outstanding (EOP) (Q: Mar. 2016 )
=64.07*29.63
=1,898

* 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 (EOP)


Historical Data

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

Esterline Technologies Corp Annual Data

Oct04Oct05Oct06Oct07Oct08Oct09Oct10Oct11Oct12Oct13
mktcap 6749539611,6081,0691,2541,8301,7111,7842,520

Esterline Technologies Corp Quarterly Data

Oct13Jan14Apr14Jul14Oct14Jan15Apr15Jul15Dec15Mar16
mktcap 2,5203,2613,4683,4703,7303,4873,4622,6182,3951,898
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