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). Granges AB's share price for the quarter that ended in Mar. 2024 was kr107.95. Granges AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 106 Mil. Therefore, Granges AB's market cap for the quarter that ended in Mar. 2024 was kr11,476 Mil.
Granges AB's quarterly market cap
declined
from Sep. 2023 (kr11,077 Mil) to Dec. 2023 (kr10,227 Mil) but then
increased
from Dec. 2023 (kr10,227 Mil) to Mar. 2024 (kr11,476 Mil).
Granges AB's annual market cap
declined
from Dec. 2021 (kr10,631 Mil) to Dec. 2022 (kr9,472 Mil) but then
increased
from Dec. 2022 (kr9,472 Mil) to Dec. 2023 (kr10,227 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. Granges AB's Enterprise Value for Today is kr17,653 Mil.
Granges AB Market Cap Historical Data
The historical data trend for Granges AB'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 Aluminum subindustry, Granges 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.
Granges AB's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Granges AB's Market Cap distribution charts can be found below:
* The bar in red indicates where Granges AB's Market Cap falls into.
Granges 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.
Granges 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.
Granges AB (CHIX:GRNGs) 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.
Granges AB Market Cap Related Terms
Thank you for viewing the detailed overview of Granges AB's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Granges AB is a Sweden-based supplier of rolled aluminium products for original equipment manufacturers. It produces heat exchanger applications, specialty packaging, and new rolled product niches. It develops, produces, and markets advanced materials that enhance efficiency in the customers' manufacturing process and the performance of the final products. The firm operates in Europe, Asia, and the Americas, with production facilities in all three regions. Granges generate much of its revenue through contracts with customers based on the added value that Granges calculates from material cost and production complexity. In recent years, the company has put an emphasis on horizontal acquisitions exemplified by its 2020 acquisition of Aluminium Konin, strengthening its position in Europe.
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