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Flagship Communities REIT (TSX:MHC.U) Market Cap : $574.98 Mil (As of Jun. 06, 2024)


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What is Flagship Communities REIT 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). Flagship Communities REIT's share price for the quarter that ended in Mar. 2024 was $17.22. Flagship Communities REIT's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 21.07 Mil. Therefore, Flagship Communities REIT's market cap for the quarter that ended in Mar. 2024 was $362.90 Mil.

Flagship Communities REIT's quarterly market cap increased from Sep. 2023 ($316.20 Mil) to Dec. 2023 ($336.14 Mil) and increased from Dec. 2023 ($336.14 Mil) to Mar. 2024 ($362.90 Mil).

Flagship Communities REIT's annual market cap increased from Dec. 2021 ($272.93 Mil) to Dec. 2022 ($318.44 Mil) and increased from Dec. 2022 ($318.44 Mil) to Dec. 2023 ($336.14 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. Flagship Communities REIT's Enterprise Value for Today is $934.30 Mil.


Flagship Communities REIT Market Cap Historical Data

The historical data trend for Flagship Communities REIT'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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Flagship Communities REIT Market Cap Chart

Flagship Communities REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - 106.66 272.93 318.44 336.14

Flagship Communities REIT Quarterly Data
Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 355.39 342.55 316.20 336.14 362.90

Competitive Comparison of Flagship Communities REIT's Market Cap

For the REIT - Residential subindustry, Flagship Communities REIT'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.


Flagship Communities REIT's Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Flagship Communities REIT's Market Cap distribution charts can be found below:

* The bar in red indicates where Flagship Communities REIT's Market Cap falls into.



Flagship Communities REIT 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.

Flagship Communities REIT'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 )
=$15.95*21.0746
=$336.14

Flagship Communities REIT's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=$17.22*21.0746
=$362.90

* 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.


Flagship Communities REIT  (TSX:MHC.U) 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.


Flagship Communities REIT Market Cap Related Terms

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Flagship Communities REIT (TSX:MHC.U) Business Description

Traded in Other Exchanges
Address
467 Erlanger Road, Erlanger, KY, USA, 41018
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

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