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). RM2 International's share price for the quarter that ended in Jun. 2020 was $0.2994. RM2 International's Shares Outstanding (EOP) for the quarter that ended in Jun. 2020 was 23.55 Mil. Therefore, RM2 International's market cap for the quarter that ended in Jun. 2020 was $7.05 Mil.
RM2 International's quarterly market cap
declined
from Mar. 2019 ($21.51 Mil) to Jun. 2019 ($10.52 Mil) and
declined
from Jun. 2019 ($10.52 Mil) to Jun. 2020 ($7.05 Mil).
RM2 International's annual market cap
declined
from Jun. 2018 ($57.12 Mil) to Jun. 2019 ($10.52 Mil) and
declined
from Jun. 2019 ($10.52 Mil) to Jun. 2020 ($7.05 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. RM2 International's Enterprise Value for Today is $27.06 Mil.
RM2 International Market Cap Historical Data
The historical data trend for RM2 International'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 RM2 International's Market Cap
For the Metal Fabrication subindustry, RM2 International'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.
RM2 International's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, RM2 International's Market Cap distribution charts can be found below:
* The bar in red indicates where RM2 International's Market Cap falls into.
RM2 International 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.
RM2 International's Market Cap for the fiscal year that ended in Jun. 2020 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.
RM2 International (OTCPK:RMTO) 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.
RM2 International Market Cap Related Terms
Thank you for viewing the detailed overview of RM2 International's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
RM2 International (RM2 International) Business Description
RM2 International Inc leases robust composite pallets to replace wooden pallets, including smart Internet of Things (IoT) technologies, to improve logistics. In every BLOCKPal pallet, embedded IoT sensors capture location, temperature, shock & tilt, and movement. Sensor data is transmitted via a high-speed LTE-M network to RM2's secure cloud database. RM2 issues, retrieves, and sanitizes more than 1.5 million of its hygienic IoT pallets annually through a nationwide network of over 30 service facilities in a cost-effective, scalable, and environmentally sustainable pallet pooling system.
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