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Merafe Resources (JSE:MRF) Market Cap : R3,224 Mil (As of Jun. 06, 2024)


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What is Merafe Resources 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). Merafe Resources's share price for the quarter that ended in Dec. 2023 was R1.3. Merafe Resources's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 2,499 Mil. Therefore, Merafe Resources's market cap for the quarter that ended in Dec. 2023 was R3,249 Mil.

Merafe Resources's quarterly market cap declined from Dec. 2022 (R3,299 Mil) to Jun. 2023 (R2,799 Mil) but then increased from Jun. 2023 (R2,799 Mil) to Dec. 2023 (R3,249 Mil).

Merafe Resources's annual market cap increased from Dec. 2021 (R2,999 Mil) to Dec. 2022 (R3,299 Mil) but then declined from Dec. 2022 (R3,299 Mil) to Dec. 2023 (R3,249 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. Merafe Resources's Enterprise Value for Today is R1,577 Mil.


Merafe Resources Market Cap Historical Data

The historical data trend for Merafe Resources'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.

Merafe Resources Market Cap Chart

Merafe Resources 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 2,159.20 1,054.49 2,998.96 3,298.85 3,248.87

Merafe Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2,998.96 3,898.64 3,298.85 2,799.03 3,248.87

Competitive Comparison of Merafe Resources's Market Cap

For the Other Industrial Metals & Mining subindustry, Merafe Resources'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.


Merafe Resources's Market Cap Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Merafe Resources's Market Cap distribution charts can be found below:

* The bar in red indicates where Merafe Resources's Market Cap falls into.



Merafe Resources 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.

Merafe Resources'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 )
=R1.3*2499.13
=R3,249

Merafe Resources'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 )
=R1.3*2499.13
=R3,249

* 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.


Merafe Resources  (JSE:MRF) 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.


Merafe Resources Market Cap Related Terms

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Merafe Resources (JSE:MRF) Business Description

Traded in Other Exchanges
Address
35 Ballyclare Drive, Building B, 2nd floor, Ballyoaks Office Park, Bryanston, ZAF, 2191
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namely, Waterval mine; Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals.

Merafe Resources (JSE:MRF) Headlines