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). Highway Holdings's share price for the quarter that ended in Dec. 2023 was $2.0024. Highway Holdings's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 4.42 Mil. Therefore, Highway Holdings's market cap for the quarter that ended in Dec. 2023 was $8.84 Mil.
Highway Holdings's quarterly market cap
increased
from Mar. 2023 ($8.34 Mil) to Jun. 2023 ($10.31 Mil) but then
declined
from Jun. 2023 ($10.31 Mil) to Dec. 2023 ($8.84 Mil).
Highway Holdings's annual market cap
declined
from Mar. 2021 ($15.02 Mil) to Mar. 2022 ($11.38 Mil) and
declined
from Mar. 2022 ($11.38 Mil) to Mar. 2023 ($8.34 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. Highway Holdings's Enterprise Value for Today is $4.69 Mil.
Highway Holdings Market Cap Historical Data
The historical data trend for Highway Holdings'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 Highway Holdings's Market Cap
For the Metal Fabrication subindustry, Highway Holdings'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.
Highway Holdings's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Highway Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Highway Holdings's Market Cap falls into.
Highway Holdings 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.
Highway Holdings's Market Cap for the fiscal year that ended in Mar. 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.
Highway Holdings (NAS:HIHO) 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.
Highway Holdings Market Cap Related Terms
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Highway Holdings (Highway Holdings) Business Description
Highway Holdings Ltd is a holding company. The company is a manufacturer of metal, plastic, electric and electronic components for original equipment manufacturers (OEM) and contract manufacturers. Its operating segment includes Metal stamping and mechanical OEM and Electric OEM. The metal stamping segment focuses on the manufacturing and sale of metal parts and components. The company generates maximum revenue from the Metal stamping and mechanical OEM segment. Geographically, it derives a majority of its revenue from Europe and also has a presence in Hong Kong and China, North America, and Other Asian countries.
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