Minerals Technologies's quarterly market cap
declined
from Jun. 2023 ($1,877 Mil) to Sep. 2023 ($1,782 Mil) but then
increased
from Sep. 2023 ($1,782 Mil) to Dec. 2023 ($2,311 Mil).
Minerals Technologies's annual market cap
declined
from Dec. 2021 ($2,427 Mil) to Dec. 2022 ($1,973 Mil) but then
increased
from Dec. 2022 ($1,973 Mil) to Dec. 2023 ($2,311 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. Minerals Technologies's Enterprise Value for Today is $2,994 Mil.
* 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 Minerals Technologies's Market Cap
For the Specialty Chemicals subindustry, Minerals Technologies'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.
Minerals Technologies's Market Cap Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Minerals Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Minerals Technologies's Market Cap falls into.
Minerals Technologies 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.
Minerals Technologies'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.
Minerals Technologies (NYSE:MTX) 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.
Minerals Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Minerals Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Minerals Technologies (Minerals Technologies) Business Description
Minerals Technologies Inc mines, produces, and sells mineral-based products. The firm organizes itself into three segments based on product type. The specialty minerals segment, sells calcium carbonate, limestone, and talc, which is used in the paper, building materials, paint, automotive, and pharmaceutical industries. The refractories segment sells products for steel furnaces. The performance materials segment sells bentonite used in steel alloy casting and household products including cat litter. The majority of revenue comes from the United States.
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