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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. Hormel Foods Corp's share price for the quarter that ended in Jul. 2014 was $46.25. Hormel Foods Corp's shares outstanding for the quarter that ended in Jul. 2014 was 264 Mil. Therefore, Hormel Foods Corp's market cap for the quarter that ended in Jul. 2014 was $13,463 Mil.
Hormel Foods Corp's quarterly market cap increased from Jan. 2014 ($11,993 Mil) to Apr. 2014 ($12,590 Mil) but then declined from Apr. 2014 ($12,590 Mil) to Jul. 2014 ($12,210 Mil).
Hormel Foods Corp's annual market cap declined from Oct. 2011 ($7,779 Mil) to Oct. 2012 ($7,768 Mil) but then increased from Oct. 2012 ($7,768 Mil) to Oct. 2013 ($11,470 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. Hormel Foods Corp's enterprise value for Today is $13,172 Mil.
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.
Hormel Foods 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 (A: Oct. 2013 )|
Hormel Foods Corp's Market Cap for the quarter that ended in Jul. 2014 is calculated as
|Market Cap (Q: Jul. 2014 )||=||Share Price (Q: Jul. 2014 )||*||Shares Outstanding (Q: Jul. 2014 )|
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.
Hormel Foods Corp Annual Data
Hormel Foods Corp Quarterly Data