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). MISTRAS Group's share price for the quarter that ended in Dec. 2023 was $7.32. MISTRAS Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 30.6 Mil. Therefore, MISTRAS Group's market cap for the quarter that ended in Dec. 2023 was $224.0 Mil.
MISTRAS Group's quarterly market cap
declined
from Jun. 2023 ($233.9 Mil) to Sep. 2023 ($165.4 Mil) but then
increased
from Sep. 2023 ($165.4 Mil) to Dec. 2023 ($224.0 Mil).
MISTRAS Group's annual market cap
declined
from Dec. 2021 ($219.5 Mil) to Dec. 2022 ($147.4 Mil) but then
increased
from Dec. 2022 ($147.4 Mil) to Dec. 2023 ($224.0 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. MISTRAS Group's Enterprise Value for Today is $471.0 Mil.
MISTRAS Group Market Cap Historical Data
The historical data trend for MISTRAS Group'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 MISTRAS Group's Market Cap
For the Security & Protection Services subindustry, MISTRAS Group'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.
MISTRAS Group's Market Cap Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, MISTRAS Group's Market Cap distribution charts can be found below:
* The bar in red indicates where MISTRAS Group's Market Cap falls into.
MISTRAS Group 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.
MISTRAS Group's Market Cap for the fiscal year that ended in Dec. 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.
MISTRAS Group (NYSE:MG) 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.
MISTRAS Group Market Cap Related Terms
Thank you for viewing the detailed overview of MISTRAS Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
MISTRAS Group (MISTRAS Group) Business Description
MISTRAS Group Inc provides asset protection solutions and systems. The company evaluates the structural integrity and reliability of critical energy, industrial, and public infrastructure. The company's three operating segments are Service, International and Products and Systems, of which key revenue is derived from the Services segment. Services segment provides asset protection solutions predominantly in North America, with the large amount of concentration in the United States, followed by Canada, consisting of non-destructive testing, and inspection. The asset protection solutions include field inspections, consulting, maintenance, data management, access, monitoring and laboratory quality assurance.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MG has been successfully added to your 