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). Adient's share price for the quarter that ended in Dec. 2023 was $36.36. Adient's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 91 Mil. Therefore, Adient's market cap for the quarter that ended in Dec. 2023 was $3,318 Mil.
Adient's quarterly market cap
declined
from Jun. 2023 ($3,589 Mil) to Sep. 2023 ($3,439 Mil) and
declined
from Sep. 2023 ($3,439 Mil) to Dec. 2023 ($3,318 Mil).
Adient's annual market cap
declined
from Sep. 2021 ($3,912 Mil) to Sep. 2022 ($2,632 Mil) but then
increased
from Sep. 2022 ($2,632 Mil) to Sep. 2023 ($3,439 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. Adient's Enterprise Value for Today is $4,241 Mil.
Adient Market Cap Historical Data
The historical data trend for Adient'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.
For the Auto Parts subindustry, Adient'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.
Adient's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Adient's Market Cap distribution charts can be found below:
* The bar in red indicates where Adient's Market Cap falls into.
Adient 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.
Adient's Market Cap for the fiscal year that ended in Sep. 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.
Adient (NYSE:ADNT) 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.
Adient Market Cap Related Terms
Thank you for viewing the detailed overview of Adient's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Adient began trading Oct. 31, 2016, when Johnson Controls spun off its automotive experience segment into this new company. Adient is the leading seating supplier to the industry with about one third of the global market. Its share in China is now nearly 20%, down from about 45%, following the sale of its main joint venture there at the end of fiscal 2021. Unconsolidated seating revenue from joint ventures after factoring in the sale was about $3.8 billion in fiscal 2023 and consolidated China revenue was $1.4 billion. The company is headquartered in Ireland but has corporate offices in the Detroit area. Fiscal 2023 (Sept. 30 year-end) consolidated revenue, which excludes joint venture sales, was $15.4 billion.
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