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). Asia Dragon Trust's share price for the quarter that ended in Feb. 2024 was £3.53. Asia Dragon Trust's Shares Outstanding (EOP) for the quarter that ended in Feb. 2024 was 161.46 Mil. Therefore, Asia Dragon Trust's market cap for the quarter that ended in Feb. 2024 was £569.96 Mil.
Asia Dragon Trust's quarterly market cap
declined
from Feb. 2023 (£480.52 Mil) to Aug. 2023 (£401.52 Mil) but then
increased
from Aug. 2023 (£401.52 Mil) to Feb. 2024 (£569.96 Mil).
Asia Dragon Trust's annual market cap
declined
from Aug. 2021 (£638.80 Mil) to Aug. 2022 (£533.80 Mil) and
declined
from Aug. 2022 (£533.80 Mil) to Aug. 2023 (£401.52 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. Asia Dragon Trust's Enterprise Value for Today is £685.11 Mil.
Asia Dragon Trust Market Cap Historical Data
The historical data trend for Asia Dragon Trust'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 Asia Dragon Trust's Market Cap
For the Asset Management subindustry, Asia Dragon Trust'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.
Asia Dragon Trust's Market Cap Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Asia Dragon Trust's Market Cap distribution charts can be found below:
* The bar in red indicates where Asia Dragon Trust's Market Cap falls into.
Asia Dragon Trust 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.
Asia Dragon Trust's Market Cap for the fiscal year that ended in Aug. 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.
Asia Dragon Trust (LSE:DGN) 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.
Asia Dragon Trust Market Cap Related Terms
Thank you for viewing the detailed overview of Asia Dragon Trust's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defence, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. It measures the performance of its portfolio against MSCI All Country Asia (ex-Japan) Index.
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