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). Nitto Denko's share price for the quarter that ended in Dec. 2023 was $37.24. Nitto Denko's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 285 Mil. Therefore, Nitto Denko's market cap for the quarter that ended in Dec. 2023 was $10,617 Mil.
Nitto Denko's quarterly market cap
declined
from Jun. 2023 ($10,597 Mil) to Sep. 2023 ($9,351 Mil) but then
increased
from Sep. 2023 ($9,351 Mil) to Dec. 2023 ($10,617 Mil).
Nitto Denko's annual market cap
declined
from Mar. 2021 ($12,772 Mil) to Mar. 2022 ($10,589 Mil) and
declined
from Mar. 2022 ($10,589 Mil) to Mar. 2023 ($9,429 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. Nitto Denko's Enterprise Value for Today is $10,308 Mil.
Nitto Denko Market Cap Historical Data
The historical data trend for Nitto Denko'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 Nitto Denko's Market Cap
For the Specialty Chemicals subindustry, Nitto Denko'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.
Nitto Denko's Market Cap Distribution in the Chemicals Industry
For the Chemicals industry and Basic Materials sector, Nitto Denko's Market Cap distribution charts can be found below:
* The bar in red indicates where Nitto Denko's Market Cap falls into.
Nitto Denko 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.
Nitto Denko's Market Cap for the fiscal year that ended in Mar. 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.
Nitto Denko (OTCPK:NDEKY) 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.
Nitto Denko Market Cap Related Terms
Thank you for viewing the detailed overview of Nitto Denko's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Nitto Denko Corp manufactures and sells a variety of industrial and electronics products. The company sells tape products, which include masking tape for painting and printed-circuit boards, double sided tapes, electrical tape, and sealant materials used in the construction industry. Nitto Denko also sells film products, which include surface protective film, fluoroplastic films used to seal pipes and air filters, and porous film that allows air to pass through but seals water and other liquids. The firm also produces electronics, which include flexible printed circuit boards for smartphones and tablets, and medical products such as drug delivery patches and adhesive sheets.
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