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). VeriFone Systems's share price for the quarter that ended in Apr. 2018 was $23.01. VeriFone Systems's Shares Outstanding (EOP) for the quarter that ended in Apr. 2018 was 111 Mil. Therefore, VeriFone Systems's market cap for the quarter that ended in Apr. 2018 was $2,548 Mil.
VeriFone Systems's quarterly market cap
declined
from Oct. 2017 ($2,144 Mil) to Jan. 2018 ($1,951 Mil) but then
increased
from Jan. 2018 ($1,951 Mil) to Apr. 2018 ($2,548 Mil).
VeriFone Systems's annual market cap
declined
from Oct. 2015 ($3,396 Mil) to Oct. 2016 ($1,722 Mil) but then
increased
from Oct. 2016 ($1,722 Mil) to Oct. 2017 ($2,144 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. VeriFone Systems's Enterprise Value for Today is $3,510 Mil.
VeriFone Systems Market Cap Historical Data
The historical data trend for VeriFone Systems'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 VeriFone Systems's Market Cap
For the Business Equipment & Supplies subindustry, VeriFone Systems'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.
VeriFone Systems's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, VeriFone Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where VeriFone Systems's Market Cap falls into.
VeriFone Systems 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.
VeriFone Systems's Market Cap for the fiscal year that ended in Oct. 2017 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.
VeriFone Systems (NYSE:PAY) 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.
VeriFone Systems Market Cap Related Terms
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VeriFone Systems (VeriFone Systems) Business Description
Verifone sells hardware and complementary software and services that enable merchants to accept electronic payments at the point of sale. Its offerings are used in the retail, gas station, restaurant, and taxi environments, among others. The Verifone Systems segment sells devices and basic payment and security software. The Verifone Services segment provides "payments as a service"--longer-term leasing, support, and other payment-related services.
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