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). Meredith's share price for the quarter that ended in Sep. 2021 was $55.7. Meredith's Shares Outstanding (EOP) for the quarter that ended in Sep. 2021 was 46 Mil. Therefore, Meredith's market cap for the quarter that ended in Sep. 2021 was $2,551 Mil.
Meredith's quarterly market cap
increased
from Mar. 2021 ($1,360 Mil) to Jun. 2021 ($1,985 Mil) and
increased
from Jun. 2021 ($1,985 Mil) to Sep. 2021 ($2,551 Mil).
Meredith's annual market cap
declined
from Jun. 2019 ($2,489 Mil) to Jun. 2020 ($661 Mil) but then
increased
from Jun. 2020 ($661 Mil) to Jun. 2021 ($1,985 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. Meredith's Enterprise Value for Today is $5,646 Mil.
Meredith Market Cap Historical Data
The historical data trend for Meredith'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.
For the Publishing subindustry, Meredith'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.
Meredith's Market Cap Distribution in the Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Meredith's Market Cap distribution charts can be found below:
* The bar in red indicates where Meredith's Market Cap falls into.
Meredith 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.
Meredith's Market Cap for the fiscal year that ended in Jun. 2021 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.
Meredith (NYSE:MDP) 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.
Meredith Market Cap Related Terms
Thank you for viewing the detailed overview of Meredith's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Meredith Corp is an American media company that focuses on publications and marketing services around the home, family, food, and lifestyle markets. The company operates two divisions: national media and local media. The national media segment publishes magazines such as Every Day with Rachael Ray, Better Homes and Gardens, Family Fun, and Parents; this segment is the source of the majority of Meredith's revenue. The local media segment owns over 15 television stations around the United States. In 2014, the company announced a 10-year licensing agreement with Martha Stewart Omnimedia to acquire the rights to Martha Stewart Living, Martha Stewart Weddings, and marthastewart.com.
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