Universal Electronics's quarterly market cap
declined
from Jun. 2023 ($124.1 Mil) to Sep. 2023 ($117.1 Mil) but then
increased
from Sep. 2023 ($117.1 Mil) to Dec. 2023 ($121.0 Mil).
Universal Electronics's annual market cap
declined
from Dec. 2021 ($522.3 Mil) to Dec. 2022 ($264.4 Mil) and
declined
from Dec. 2022 ($264.4 Mil) to Dec. 2023 ($121.0 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. Universal Electronics's Enterprise Value for Today is $162.3 Mil.
* 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 Universal Electronics's Market Cap
For the Consumer Electronics subindustry, Universal Electronics'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.
Universal Electronics's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Universal Electronics's Market Cap distribution charts can be found below:
* The bar in red indicates where Universal Electronics's Market Cap falls into.
Universal Electronics 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.
Universal Electronics'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.
Universal Electronics (NAS:UEIC) 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.
Universal Electronics Market Cap Related Terms
Thank you for viewing the detailed overview of Universal Electronics's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Universal Electronics (Universal Electronics) Business Description
Universal Electronics Inc is a United States-based company that is principally engaged in developing and manufacturing a series of electronic products, including wireless control products, audio-video accessories, intelligent wireless automation components, and software. The company focuses on the subscription broadcast, consumer electronics and residential security markets, with customers consisting of subscription broadcasters, original equipment manufacturer, private-label brands, retailers, pro-security dealers, and companies in the computing industry. The company has a global presence and generates most of its total revenue from the United States.
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