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). Forafric Global's share price for the quarter that ended in Jun. 2023 was $10.97. Forafric Global's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 26.9 Mil. Therefore, Forafric Global's market cap for the quarter that ended in Jun. 2023 was $294.9 Mil.
Forafric Global's quarterly market cap
increased
from Jun. 2022 ($220.7 Mil) to Dec. 2022 ($298.4 Mil) but then
declined
from Dec. 2022 ($298.4 Mil) to Jun. 2023 ($294.9 Mil).
Forafric Global's annual market cap
stayed the same
from Dec. 2020 ($0.0 Mil) to Dec. 2021 ($0.0 Mil) but then
increased
from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($298.4 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. Forafric Global's Enterprise Value for Today is $457.7 Mil.
Forafric Global Market Cap Historical Data
The historical data trend for Forafric Global'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 Forafric Global's Market Cap
For the Farm Products subindustry, Forafric Global'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.
Forafric Global's Market Cap Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Forafric Global's Market Cap distribution charts can be found below:
* The bar in red indicates where Forafric Global's Market Cap falls into.
Forafric Global 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.
Forafric Global's Market Cap for the fiscal year that ended in Dec. 2022 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.
Forafric Global (NAS:AFRI) 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.
Forafric Global Market Cap Related Terms
Thank you for viewing the detailed overview of Forafric Global's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Forafric Global (Forafric Global) Business Description
Forafric Global PLC is engaged in production and sale of a variety of wheat flours, Semolina and Pasta and Couscous in Morocco and in more than 45 countries. The two main brands in Morocco are MAYMOUNA and TRIA. The company derives majority of its revenue from Soft wheat.
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