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Ituran Location and Control (Ituran Location and Control) Market Cap : $516.0 Mil (As of Apr. 24, 2024)


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What is Ituran Location and Control 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). Ituran Location and Control's share price for the quarter that ended in Dec. 2023 was $27.24. Ituran Location and Control's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 19.9 Mil. Therefore, Ituran Location and Control's market cap for the quarter that ended in Dec. 2023 was $541.9 Mil.

Ituran Location and Control's quarterly market cap increased from Jun. 2023 ($469.3 Mil) to Sep. 2023 ($594.8 Mil) but then declined from Sep. 2023 ($594.8 Mil) to Dec. 2023 ($541.9 Mil).

Ituran Location and Control's annual market cap declined from Dec. 2021 ($547.6 Mil) to Dec. 2022 ($426.3 Mil) but then increased from Dec. 2022 ($426.3 Mil) to Dec. 2023 ($541.9 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. Ituran Location and Control's Enterprise Value for Today is $471.3 Mil.


Ituran Location and Control Market Cap Historical Data

The historical data trend for Ituran Location and Control'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.

Ituran Location and Control Market Cap Chart

Ituran Location and Control 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 523.04 396.49 547.63 426.32 541.90

Ituran Location and Control Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 426.32 437.96 469.33 594.82 541.90

Competitive Comparison of Ituran Location and Control's Market Cap

For the Communication Equipment subindustry, Ituran Location and Control'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.


Ituran Location and Control's Market Cap Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ituran Location and Control's Market Cap distribution charts can be found below:

* The bar in red indicates where Ituran Location and Control's Market Cap falls into.



Ituran Location and Control 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.

Ituran Location and Control'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 )
=$27.24*19.8936
=$541.9

Ituran Location and Control's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$27.24*19.8936
=$541.9

* 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.


Ituran Location and Control  (NAS:ITRN) 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.


Ituran Location and Control Market Cap Related Terms

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Ituran Location and Control (Ituran Location and Control) Business Description

Traded in Other Exchanges
N/A
Address
3 Hashikma Street, Azour, ISR, 5800182
Ituran Location and Control Ltd is a provider of location-based services. The company operates in two segments, namely Telematics services, and Telematics products. The Telematics services segment consists of regionally- based stolen vehicle recovery (SVR) services, fleet management services, and value-added services comprised of personal advanced locater services and concierge services. The Telematics product segment consists of short and medium-range two-way machine-to-machine wireless communications products that are used for various applications, including automatic vehicle location, and automatic vehicle identification. Its geographical segments include Israel, Brazil, and Others.