Flexsteel Industries's quarterly market cap
increased
from Jun. 2023 ($98.9 Mil) to Sep. 2023 ($108.0 Mil) but then
declined
from Sep. 2023 ($108.0 Mil) to Dec. 2023 ($97.3 Mil).
Flexsteel Industries's annual market cap
declined
from Jun. 2021 ($276.6 Mil) to Jun. 2022 ($95.4 Mil) but then
increased
from Jun. 2022 ($95.4 Mil) to Jun. 2023 ($98.9 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. Flexsteel Industries's Enterprise Value for Today is $285.0 Mil.
Flexsteel Industries Market Cap Historical Data
The historical data trend for Flexsteel Industries'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 Flexsteel Industries's Market Cap
For the Furnishings, Fixtures & Appliances subindustry, Flexsteel Industries'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.
Flexsteel Industries's Market Cap Distribution in the Furnishings, Fixtures & Appliances Industry
For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Flexsteel Industries's Market Cap distribution charts can be found below:
* The bar in red indicates where Flexsteel Industries's Market Cap falls into.
Flexsteel Industries 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.
Flexsteel Industries's Market Cap for the fiscal year that ended in Jun. 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.
Flexsteel Industries (NAS:FLXS) 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.
Flexsteel Industries Market Cap Related Terms
Thank you for viewing the detailed overview of Flexsteel Industries's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Flexsteel Industries (Flexsteel Industries) Business Description
Flexsteel Industries Inc is a United States-based company that manufactures, imports, and markets residential upholstered wooden furniture products. The products offering include sofas, loveseats, chairs, rockers, desks, tables, convertible bedding units, and bedroom furniture. The company's products are intended for use in home, office, hotel, healthcare, and other contract applications. A featured component in the company's upholstered furniture is the durable Blue Steel Spring. It operates in the business segment of Furniture products. The company's furniture products business involves the distribution of manufactured and imported products for residential and contract markets, of which key revenue is derived from the residential market.
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