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). EDP Renovaveis's share price for the quarter that ended in Jun. 2024 was $14.58. EDP Renovaveis's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 1,040 Mil. Therefore, EDP Renovaveis's market cap for the quarter that ended in Jun. 2024 was $15,161 Mil.
EDP Renovaveis's quarterly market cap
increased
from Sep. 2023 ($16,670 Mil) to Dec. 2023 ($20,777 Mil) but then
declined
from Dec. 2023 ($20,777 Mil) to Jun. 2024 ($15,161 Mil).
EDP Renovaveis's annual market cap
declined
from Dec. 2021 ($24,437 Mil) to Dec. 2022 ($21,507 Mil) and
declined
from Dec. 2022 ($21,507 Mil) to Dec. 2023 ($20,777 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. EDP Renovaveis's Enterprise Value for Today is $19,265 Mil.
EDP Renovaveis Market Cap Historical Data
The historical data trend for EDP Renovaveis'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 EDP Renovaveis's Market Cap
For the Utilities - Renewable subindustry, EDP Renovaveis'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.
EDP Renovaveis's Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, EDP Renovaveis's Market Cap distribution charts can be found below:
* The bar in red indicates where EDP Renovaveis's Market Cap falls into.
EDP Renovaveis 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.
EDP Renovaveis'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.
EDP Renovaveis (OTCPK:EDRVF) 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.
EDP Renovaveis Market Cap Related Terms
Thank you for viewing the detailed overview of EDP Renovaveis's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
EDP Renovaveis, a 71%-owned subsidiary of integrated Portuguese utility EDP, was created in 2007. It builds, develops, and operates renewables plants, mostly wind and solar. With 16.6 GW of net installed capacity at the end of 2023, EDP Renovaveis is the fourth-largest renewables player in the world and the third-largest in the US and Europe. The group's plants are mainly located in the US, Spain, Portugal, Poland, and Brazil.
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