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SunCar Technology Group (SunCar Technology Group) Market Cap : $709.7 Mil (As of May. 16, 2024)


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What is SunCar Technology Group Market Cap?

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). SunCar Technology Group's share price for the quarter that ended in Dec. 2023 was $8.25. SunCar Technology Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 89.7 Mil. Therefore, SunCar Technology Group's market cap for the quarter that ended in Dec. 2023 was $740.1 Mil.

SunCar Technology Group's quarterly market cap increased from Dec. 2022 ($0.0 Mil) to Jun. 2023 ($2,208.1 Mil) but then declined from Jun. 2023 ($2,208.1 Mil) to Dec. 2023 ($740.1 Mil).

SunCar Technology Group's annual market cap stayed the same from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($0.0 Mil) but then increased from Dec. 2022 ($0.0 Mil) to Dec. 2023 ($740.1 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. SunCar Technology Group's Enterprise Value for Today is $722.6 Mil.


SunCar Technology Group Market Cap Historical Data

The historical data trend for SunCar Technology 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.

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SunCar Technology Group Market Cap Chart

SunCar Technology Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- - - 740.07

SunCar Technology Group Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial - - - 2,208.15 740.07

Competitive Comparison of SunCar Technology Group's Market Cap

For the Auto & Truck Dealerships subindustry, SunCar Technology 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.


SunCar Technology Group's Market Cap Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SunCar Technology Group's Market Cap distribution charts can be found below:

* The bar in red indicates where SunCar Technology Group's Market Cap falls into.



SunCar Technology 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.

SunCar Technology Group's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$8.25*89.7051
=$740.1

SunCar Technology Group's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=$8.25*89.7051
=$740.1

* 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.


SunCar Technology Group  (NAS:SDA) 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 company’s 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.


SunCar Technology Group Market Cap Related Terms

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SunCar Technology Group (SunCar Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
c/o Shanghai Feiyou Trading Co., Ltd., Suite 209, No. 656 Lingshi Road, Jing’an District, Shanghai, CHN, 200072
SunCar Technology Group Inc is a provider of digitalized enterprise automotive after-sales services and online auto insurance intermediation service in China. It operates an automotive after-sales services business through offering customized service solutions to enterprise clients, who are major banks, insurance companies, telecommunication companies, new energy vehicle, original equipment manufacturers or any client who have end customers demanding automotive services.