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Union Insurance Co (ADX:UNION) Market Cap : د.إ215.1 Mil (As of Jan. 19, 2025)


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What is Union Insurance Co 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). Union Insurance Co's share price for the quarter that ended in Sep. 2024 was د.إ0.65. Union Insurance Co's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 330.9 Mil. Therefore, Union Insurance Co's market cap for the quarter that ended in Sep. 2024 was د.إ215.1 Mil.

Union Insurance Co's quarterly market cap increased from Mar. 2024 (د.إ178.7 Mil) to Jun. 2024 (د.إ215.1 Mil) but then stayed the same from Jun. 2024 (د.إ215.1 Mil) to Sep. 2024 (د.إ215.1 Mil).

Union Insurance Co's annual market cap declined from Dec. 2021 (د.إ238.3 Mil) to Dec. 2022 (د.إ209.2 Mil) but then increased from Dec. 2022 (د.إ209.2 Mil) to Dec. 2023 (د.إ215.1 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. Union Insurance Co's Enterprise Value for Today is د.إ180.6 Mil.


Union Insurance Co Market Cap Historical Data

The historical data trend for Union Insurance Co'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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Union Insurance Co Market Cap Chart

Union Insurance Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 248.20 231.66 238.28 209.15 215.11

Union Insurance Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only 225.04 215.11 178.71 215.11 215.11

Competitive Comparison of Union Insurance Co's Market Cap

For the Insurance - Diversified subindustry, Union Insurance Co'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.


Union Insurance Co's Market Cap Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Union Insurance Co's Market Cap distribution charts can be found below:

* The bar in red indicates where Union Insurance Co's Market Cap falls into.



Union Insurance Co 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.

Union Insurance Co'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 )
=د.إ0.65*330.939
=د.إ215.1

Union Insurance Co's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=د.إ0.65*330.939
=د.إ215.1

* 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.


Union Insurance Co  (ADX:UNION) 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.


Union Insurance Co Market Cap Related Terms

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Union Insurance Co Business Description

Traded in Other Exchanges
N/A
Address
Sheikh Zayed Road, P.O Box 119227, Single Business Tower, Dubai, ARE
Union Insurance Co is a UAE-based insurance company. It is engaged in the underwriting of all types of insurance. They provide a comprehensive range of retail and commercial insurance products to clients in the UAE, as well as the Middle East. It operates in two segments, including the General Insurance and Life assurance segment. The general insurance segment includes auto, marine, engineering, corporate travel, employee benefit, healthcare, fire, and general accident insurance. The life segment includes group life, credit life, and individual life. The company generates the majority of its revenue from the General insurance segment. The geographical segments include the United Arab Emirates, GCC Countries, and Others.

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