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Onward Technologies (BOM:517536) Market Cap : ₹9,045 Mil (As of Jun. 19, 2024)


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What is Onward Technologies 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). Onward Technologies's share price for the quarter that ended in Mar. 2024 was ₹443.05. Onward Technologies's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 23 Mil. Therefore, Onward Technologies's market cap for the quarter that ended in Mar. 2024 was ₹9,977 Mil.

Onward Technologies's quarterly market cap increased from Sep. 2023 (₹12,436 Mil) to Dec. 2023 (₹14,057 Mil) but then declined from Dec. 2023 (₹14,057 Mil) to Mar. 2024 (₹9,977 Mil).

Onward Technologies's annual market cap declined from Mar. 2022 (₹7,933 Mil) to Mar. 2023 (₹6,424 Mil) but then increased from Mar. 2023 (₹6,424 Mil) to Mar. 2024 (₹9,977 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. Onward Technologies's Enterprise Value for Today is ₹8,452 Mil.


Onward Technologies Market Cap Historical Data

The historical data trend for Onward Technologies'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.

* Premium members only.

Onward Technologies Market Cap Chart

Onward Technologies Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 705.87 1,849.55 7,933.03 6,423.93 9,977.31

Onward Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 6,423.93 11,423.65 12,436.49 14,056.87 9,977.31

Competitive Comparison of Onward Technologies's Market Cap

For the Information Technology Services subindustry, Onward Technologies'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.


Onward Technologies's Market Cap Distribution in the Software Industry

For the Software industry and Technology sector, Onward Technologies's Market Cap distribution charts can be found below:

* The bar in red indicates where Onward Technologies's Market Cap falls into.



Onward Technologies 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.

Onward Technologies's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=₹443.05*22.5196
=₹9,977

Onward Technologies's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=₹443.05*22.5196
=₹9,977

* 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.


Onward Technologies  (BOM:517536) 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.


Onward Technologies Market Cap Related Terms

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Onward Technologies (BOM:517536) Business Description

Traded in Other Exchanges
Address
Dr. Annie Besant Road, Sterling Centre, 2nd Floor, Worli, Mumbai, MH, IND, 400 018
Onward Technologies Ltd is an Indian company that is engaged in the sale of user license software, professional services, consultancy services, training, and others. Its business activities include product design, simulation engineering, automation solutions, engineering change management, and others. It has one operating segment which is Engineering Design and IT services. The majority of the company's revenue comes from India. It also operates outside India.

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