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). Franklin Wireless's share price for the quarter that ended in Dec. 2023 was $3.39. Franklin Wireless's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 11.78 Mil. Therefore, Franklin Wireless's market cap for the quarter that ended in Dec. 2023 was $39.95 Mil.
Franklin Wireless's quarterly market cap
declined
from Jun. 2023 ($43.96 Mil) to Sep. 2023 ($37.71 Mil) but then
increased
from Sep. 2023 ($37.71 Mil) to Dec. 2023 ($39.95 Mil).
Franklin Wireless's annual market cap
declined
from Jun. 2021 ($106.28 Mil) to Jun. 2022 ($37.07 Mil) but then
increased
from Jun. 2022 ($37.07 Mil) to Jun. 2023 ($43.96 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. Franklin Wireless's Enterprise Value for Today is $1.43 Mil.
Franklin Wireless Market Cap Historical Data
The historical data trend for Franklin Wireless'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 Franklin Wireless's Market Cap
For the Communication Equipment subindustry, Franklin Wireless'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.
Franklin Wireless's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Franklin Wireless's Market Cap distribution charts can be found below:
* The bar in red indicates where Franklin Wireless's Market Cap falls into.
Franklin Wireless 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.
Franklin Wireless's Market Cap for the fiscal year that ended in Jun. 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.
Franklin Wireless (NAS:FKWL) 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.
Franklin Wireless Market Cap Related Terms
Thank you for viewing the detailed overview of Franklin Wireless's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Franklin Wireless (Franklin Wireless) Business Description
Franklin Wireless Corp is a provider of wireless solutions, including mobile hotspots, routers, and modems, as well as hardware and software products that support machine-to-machine (M2M) applications and the Internet of Things (IoT). Its M2M and IoT solutions include embedded modules, modems, and gateways built to deliver reliable always-on connectivity supporting a spectrum of applications. These products are designed to solve wireless connectivity challenges in a range of vertical markets, including video surveillance, digital signage, home security, oil and gas exploration, kiosks, fleet management, smart grid, vehicle diagnostics, and telematics.
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