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Veidekke ASA (LTS:0GF6) Market Cap : kr15,331 Mil (As of Jun. 08, 2024)


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What is Veidekke ASA 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). Veidekke ASA's share price for the quarter that ended in Mar. 2024 was kr116.5. Veidekke ASA's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 135 Mil. Therefore, Veidekke ASA's market cap for the quarter that ended in Mar. 2024 was kr15,722 Mil.

Veidekke ASA's quarterly market cap increased from Sep. 2023 (kr13,253 Mil) to Dec. 2023 (kr13,732 Mil) and increased from Dec. 2023 (kr13,732 Mil) to Mar. 2024 (kr15,722 Mil).

Veidekke ASA's annual market cap declined from Dec. 2021 (kr17,787 Mil) to Dec. 2022 (kr12,836 Mil) but then increased from Dec. 2022 (kr12,836 Mil) to Dec. 2023 (kr13,732 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. Veidekke ASA's Enterprise Value for Today is kr13,479 Mil.


Veidekke ASA Market Cap Historical Data

The historical data trend for Veidekke ASA'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.

Veidekke ASA Market Cap Chart

Veidekke ASA 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 16,053.02 15,074.59 17,787.20 12,836.12 13,731.77

Veidekke ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 15,047.59 15,546.93 13,252.68 13,731.77 15,722.37

Competitive Comparison of Veidekke ASA's Market Cap

For the Engineering & Construction subindustry, Veidekke ASA'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.


Veidekke ASA's Market Cap Distribution in the Construction Industry

For the Construction industry and Industrials sector, Veidekke ASA's Market Cap distribution charts can be found below:

* The bar in red indicates where Veidekke ASA's Market Cap falls into.



Veidekke ASA 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.

Veidekke ASA'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 )
=kr101.75*134.956
=kr13,732

Veidekke ASA's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=kr116.5*134.956
=kr15,722

* 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.


Veidekke ASA  (LTS:0GF6) 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.


Veidekke ASA Market Cap Related Terms

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Veidekke ASA (LTS:0GF6) Business Description

Traded in Other Exchanges
Address
Skabos vei 4, Oslo, NOR, 0278
Veidekke ASA is engaged in construction and property development. It constructs building and residential projects, enters civil engineering contracts, and undertakes various infrastructure developments. The company has six operating segments; Construction Norway includes apartment complexes and non-residential buildings, Infrastructure Norway includes road maintenance, railways, power production, and airport, Construction Sweden includes construction projects, including residential units, offices, schools, and cultural buildings, Infrastructure Sweden includes infrastructure, extractive industries, heavy industry, energy, and recycling facilities/landfill, Denmark includes commercial buildings, and Other comprises undistributed costs.

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