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Essent Group (FRA:EG0) Market Cap : €5,521 Mil (As of May. 23, 2024)


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What is Essent Group Market Cap?

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). Essent Group's share price for the quarter that ended in Mar. 2024 was €54.5. Essent Group's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 107 Mil. Therefore, Essent Group's market cap for the quarter that ended in Mar. 2024 was €5,817 Mil.

Essent Group's quarterly market cap increased from Sep. 2023 (€4,853 Mil) to Dec. 2023 (€5,117 Mil) and increased from Dec. 2023 (€5,117 Mil) to Mar. 2024 (€5,817 Mil).

Essent Group's annual market cap declined from Dec. 2021 (€4,353 Mil) to Dec. 2022 (€3,941 Mil) but then increased from Dec. 2022 (€3,941 Mil) to Dec. 2023 (€5,117 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. Essent Group's Enterprise Value for Today is €5,759 Mil.


Essent Group Market Cap Historical Data

The historical data trend for Essent Group'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.

* Premium members only.

Essent Group Market Cap Chart

Essent Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,565.48 3,889.84 4,353.20 3,941.20 5,116.66

Essent Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,897.26 4,557.69 4,852.67 5,116.66 5,817.44

Competitive Comparison of Essent Group's Market Cap

For the Insurance - Specialty subindustry, Essent Group'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.


Essent Group's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Essent Group's Market Cap distribution charts can be found below:

* The bar in red indicates where Essent Group's Market Cap falls into.



Essent Group 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.

Essent Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€48*106.597
=€5,117

Essent Group's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€54.5*106.742
=€5,817

* 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.


Essent Group  (FRA:EG0) 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 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.


Essent Group Market Cap Related Terms

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Essent Group (FRA:EG0) Business Description

Traded in Other Exchanges
Address
2 Church Street, Clarendon House, Hamilton, BMU, HM 11
Essent Group Ltd is a private mortgage insurance company in the United States. Essent provides credit protection to lenders and mortgage investors by covering a portion of the unpaid principal balance of a mortgage and certain related expenses in the event of a default. By providing capital to mitigate mortgage credit risk, the company allows lenders to make additional mortgage financing available to prospective homeowners. Essent writes mortgage guaranty coverage in all 50 states and the District of Columbia.

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