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). Westfield's share price for the quarter that ended in Dec. 2017 was A$9.49. Westfield's Shares Outstanding (EOP) for the quarter that ended in Dec. 2017 was 2,078 Mil. Therefore, Westfield's market cap for the quarter that ended in Dec. 2017 was A$19,721 Mil.
Westfield's quarterly market cap
declined
from Dec. 2016 (A$19,492 Mil) to Jun. 2017 (A$16,687 Mil) but then
increased
from Jun. 2017 (A$16,687 Mil) to Dec. 2017 (A$19,721 Mil).
Westfield's annual market cap
declined
from Dec. 2015 (A$19,763 Mil) to Dec. 2016 (A$19,492 Mil) but then
increased
from Dec. 2016 (A$19,492 Mil) to Dec. 2017 (A$19,721 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. Westfield's Enterprise Value for Today is A$18,370 Mil.
Westfield Market Cap Historical Data
The historical data trend for Westfield'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 REIT - Retail subindustry, Westfield'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.
Westfield's Market Cap Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Westfield's Market Cap distribution charts can be found below:
* The bar in red indicates where Westfield's Market Cap falls into.
Westfield 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.
Westfield's Market Cap for the fiscal year that ended in Dec. 2017 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.
Westfield (ASX:WFD) 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.
Westfield Market Cap Related Terms
Thank you for viewing the detailed overview of Westfield's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Westfield is one of the largest global retail REITs, with interests in 35 malls with a gross value of USD 21.4 billion and external assets under management of USD 13 billion. Westfield's passive investments generate about 80% of group EBIT, with the balance derived from management fees and development income. It differs from peers by developing malls in signature locations, and aims to make each of its assets into a destination centre, with comprehensive entertainment facilities and premium retailers.
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