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Electro Rent Corp  (NAS:ELRC) Market Cap (M): $375.0 Mil (As of Today)

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). Electro Rent Corp's share price for the quarter that ended in Feb. 2016 was $9.48. Electro Rent Corp's Shares Outstanding (EOP) for the quarter that ended in Feb. 2016 was 24.2 Mil. Therefore, Electro Rent Corp's market cap for the quarter that ended in Feb. 2016 was $229.4 Mil.

Electro Rent Corp's quarterly market cap declined from Aug. 2015 ($257.0 Mil) to Nov. 2015 ($249.7 Mil) and declined from Nov. 2015 ($249.7 Mil) to Feb. 2016 ($229.4 Mil).

Electro Rent Corp's annual market cap declined from May. 2013 ($408.2 Mil) to May. 2014 ($387.8 Mil) and declined from May. 2014 ($387.8 Mil) to May. 2015 ($247.6 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. Electro Rent Corp's Enterprise Value for Today is $0.0 Mil.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Electro Rent Corp Annual Data

May06 May07 May08 May09 May10 May11 May12 May13 May14 May15
Market Cap (M) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 367.85 332.02 408.24 387.76 247.61

Electro Rent Corp Quarterly Data

May11 Aug11 Nov11 Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16
Market Cap (M) Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 311.37 247.61 257.01 249.75 229.42

Competitive Comparison
* 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.


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.

Electro Rent Corp's Market Cap for the fiscal year that ended in May. 2015 is calculated as

Market Cap (A: May. 2015 )=Share Price (A: May. 2015 )*Shares Outstanding (EOP) (A: May. 2015 )
=10.27*24.11
=247.6

Electro Rent Corp's Market Cap for the quarter that ended in Feb. 2016 is calculated as

Market Cap (Q: Feb. 2016 )=Share Price (Q: Feb. 2016 )*Shares Outstanding (EOP) (Q: Feb. 2016 )
=9.48*24.20
=229.4

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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 company’s 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.


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