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). Tower Semiconductor's share price for the quarter that ended in Mar. 2024 was $33.45. Tower Semiconductor's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 111 Mil. Therefore, Tower Semiconductor's market cap for the quarter that ended in Mar. 2024 was $3,713 Mil.
Tower Semiconductor's quarterly market cap
increased
from Sep. 2023 ($2,713 Mil) to Dec. 2023 ($3,382 Mil) and
increased
from Dec. 2023 ($3,382 Mil) to Mar. 2024 ($3,713 Mil).
Tower Semiconductor's annual market cap
increased
from Dec. 2021 ($4,282 Mil) to Dec. 2022 ($4,750 Mil) but then
declined
from Dec. 2022 ($4,750 Mil) to Dec. 2023 ($3,382 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. Tower Semiconductor's Enterprise Value for Today is $3,838 Mil.
Tower Semiconductor Market Cap Historical Data
The historical data trend for Tower Semiconductor'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 Tower Semiconductor's Market Cap
For the Semiconductors subindustry, Tower Semiconductor'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.
Tower Semiconductor's Market Cap Distribution in the Semiconductors Industry
For the Semiconductors industry and Technology sector, Tower Semiconductor's Market Cap distribution charts can be found below:
* The bar in red indicates where Tower Semiconductor's Market Cap falls into.
Tower Semiconductor 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.
Tower Semiconductor'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.
Tower Semiconductor (NAS:TSEM) 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.
Tower Semiconductor Market Cap Related Terms
Thank you for viewing the detailed overview of Tower Semiconductor's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Tower Semiconductor (Tower Semiconductor) Business Description
Tower Semiconductor Ltd is a pure-play specialty foundry that manufactures semiconductors. As a pure-play foundry, it focuses on producing integrated circuits (ICs), based on the design specifications of customers. The company's line of integrated circuits is incorporated into a variety of products and markets, including consumer electronics, personal computers, communications, automotive, and industrial and medical device products. Tower produces ICs alongside wholly-owned subsidiaries through fabrication facilities located in Japan. As a complement to its technology offerings, Tower offers services that enable a quick and accurate design cycle. To further assist customers with design and technical support, an integrated team helps clients through the manufacturing cycle.
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