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). Norsk Hydro ASA's share price for the quarter that ended in Sep. 2024 was kr68.42. Norsk Hydro ASA's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 1,993 Mil. Therefore, Norsk Hydro ASA's market cap for the quarter that ended in Sep. 2024 was kr136,349 Mil.
Norsk Hydro ASA's quarterly market cap
declined
from Dec. 2023 (kr129,375 Mil) to Jun. 2024 (kr129,311 Mil) but then
increased
from Jun. 2024 (kr129,311 Mil) to Sep. 2024 (kr136,349 Mil).
Norsk Hydro ASA's annual market cap
increased
from Dec. 2021 (kr142,044 Mil) to Dec. 2022 (kr149,381 Mil) but then
declined
from Dec. 2022 (kr149,381 Mil) to Dec. 2023 (kr129,375 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. Norsk Hydro ASA's Enterprise Value for Today is kr142,832 Mil.
Norsk Hydro ASA Market Cap Historical Data
The historical data trend for Norsk Hydro ASA'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.
Competitive Comparison of Norsk Hydro ASA's Market Cap
For the Aluminum subindustry, Norsk Hydro ASA'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.
Norsk Hydro ASA's Market Cap Distribution in the Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Norsk Hydro ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where Norsk Hydro ASA's Market Cap falls into.
Norsk Hydro ASA 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.
Norsk Hydro ASA'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.
Norsk Hydro ASA (CHIX:NHYo) 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.
Norsk Hydro ASA Market Cap Related Terms
Thank you for viewing the detailed overview of Norsk Hydro ASA's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Norsk Hydro ASA is an aluminium and renewable energy company committed to a sustainable future. It's engaged in energy to bauxite mining and alumina refining, primary aluminium, aluminium extrusions, and aluminium recycling. The company's reportable segments are Hydro Bauxite & Alumina, Hydro Aluminium Metal, Hydro Extrusions, Hydro Energy, and Hydro Metal Markets activities. Hydro Extrusions delivers products within extrusion profiles, building systems, and precision tubing, and is operating several recycling facilities, both integrated with its extrusion plants and separate plants. Hydro Extrusions are present in about 40 countries. It is delivered to sectors such as construction, automotive and heating, etc. Key revenue comes from the Hydro Extrusions segment.
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