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). Cochlear's share price for the quarter that ended in Dec. 2023 was $198.5. Cochlear's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 66 Mil. Therefore, Cochlear's market cap for the quarter that ended in Dec. 2023 was $13,036 Mil.
Cochlear's quarterly market cap
increased
from Dec. 2022 ($8,881 Mil) to Jun. 2023 ($9,867 Mil) and
increased
from Jun. 2023 ($9,867 Mil) to Dec. 2023 ($13,036 Mil).
Cochlear's annual market cap
declined
from Jun. 2021 ($11,940 Mil) to Jun. 2022 ($8,921 Mil) but then
increased
from Jun. 2022 ($8,921 Mil) to Jun. 2023 ($9,867 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. Cochlear's Enterprise Value for Today is $13,522 Mil.
Cochlear Market Cap Historical Data
The historical data trend for Cochlear'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 Medical Devices subindustry, Cochlear'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.
Cochlear's Market Cap Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Cochlear's Market Cap distribution charts can be found below:
* The bar in red indicates where Cochlear's Market Cap falls into.
Cochlear 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.
Cochlear's Market Cap for the fiscal year that ended in Jun. 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.
Cochlear (OTCPK:CHEOF) 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.
Cochlear Market Cap Related Terms
Thank you for viewing the detailed overview of Cochlear's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Cochlear is the leading cochlear implant device manufacturer with around 60% global market share. Developed markets contribute 80% of group revenue where cochlear implants are the standard of care for children with severe to profound hearing loss. The company also actively targets the growing cohort of seniors in developed markets. Tender-oriented emerging markets contribute the remaining 20% of group revenue. Main products include cochlear implants, bone-anchored hearing aids, and associated sound processors. In fiscal 2020, 49% of revenue came from the Americas, 35% from Europe, the Middle East, and Africa, and 16% from the Asia-Pacific segment.
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