Avanza Bank Holding AB's quarterly market cap
increased
from Sep. 2023 (kr29,810 Mil) to Dec. 2023 (kr37,815 Mil) but then
declined
from Dec. 2023 (kr37,815 Mil) to Mar. 2024 (kr33,279 Mil).
Avanza Bank Holding AB's annual market cap
declined
from Dec. 2021 (kr51,199 Mil) to Dec. 2022 (kr36,085 Mil) but then
increased
from Dec. 2022 (kr36,085 Mil) to Dec. 2023 (kr37,815 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. Avanza Bank Holding AB's Enterprise Value for Today is kr30,472 Mil.
* 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 Avanza Bank Holding AB's Market Cap
For the Banks - Regional subindustry, Avanza Bank Holding AB'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.
Avanza Bank Holding AB's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Avanza Bank Holding AB's Market Cap distribution charts can be found below:
* The bar in red indicates where Avanza Bank Holding AB's Market Cap falls into.
Avanza Bank Holding AB 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.
Avanza Bank Holding AB's Market Cap for the fiscal year that ended in Dec. 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.
Avanza Bank Holding AB (CHIX:AZAs) 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.
Avanza Bank Holding AB Market Cap Related Terms
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Avanza Bank Holding AB (CHIX:AZAS) Business Description
Avanza Bank Holding AB is a digital bank that operates in Sweden and serves primarily private customers. The bank emphasizes its online strategy to drive lower costs for its deposit base based on the law of large numbers. Its cost base is centered on a high percentage of fixed costs, primarily personnel costs. The bank does not charge its customers fixed fees or deposit fees. Income is generated when customers carry out transaction themselves, primarily through brokerage fees from securities trading, net interest income from deposits and lending, fund commissions, foreign exchange income, and other income from suppliers of investment products. Over the long term, income growth depends on the bank's ability to grow savings capital.
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