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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
NZXFRA:5NZ +1.52%60 Market Cap is €245.78 Mil as of Jul. 20, 2026. GuruFocus rates FRA:5NZ with a GF Score™ of 60/100 and a GF Value™ of €0.82 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 831 Capital Markets companies, NZX ranks better than 68.47% on this metric.
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). NZX's share price for the quarter that ended in Dec. 2025 was €0.83. NZX's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 328.54 Mil. Therefore, NZX's market cap for the quarter that ended in Dec. 2025 was €272.68 Mil.
NZX's quarterly market cap
increased
from Dec. 2024 (€0.00 Mil) to Jun. 2025 (€257.57 Mil) and
increased
from Jun. 2025 (€257.57 Mil) to Dec. 2025 (€272.68 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. NZX's Enterprise Value for Today is €260.20 Mil.
NZX (FRA:5NZ) 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.
NZX Market Cap Related Terms
NZX Market Cap Historical Data
* Premium members only.
The historical data trend for NZX'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 Financial Data & Stock Exchanges subindustry, NZX'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.
NZX Market Cap vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, NZX's Market Cap distribution charts can be found below:
* The bar in red indicates where NZX's Market Cap falls into.
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.
NZX's Market Cap for the fiscal year that ended in Dec. 2024 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.
NZX (FRA:5NZ) has a Market Cap of €245.78 Mil as of Jul. 20, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NZX and its competitors. According to the industry distribution chart, NZX ranks #262 out of 831 companies in the Capital Markets industry, placing it in the top 31.5%.
Is NZX's Market Cap too high?
NZX's current Market Cap is €245.78 Mil. Based on the distribution chart, NZX ranks #262 out of 831 companies in the Capital Markets industry, which is above the industry midpoint. Overall, NZX has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does NZX's Market Cap compare to SPGI and CME?
According to the Capital Markets industry distribution chart, NZX ranks #262 out of 831 companies for Market Cap. This puts NZX in the upper half of its industry. The industry median Market Cap is 54.62. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Capital Markets company?
The median Market Cap among Capital Markets companies is 54.62, based on 831 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on NZX and its competitors. For the Capital Markets industry, the median Market Cap is 54.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NZX's current Market Cap is €245.78 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NZX stock overvalued right now?
Based on GuruFocus' analysis, NZX (FRA:5NZ) is currently considered Modestly Undervalued. The stock's GF Value™ is €0.82, compared to a current price of €0.67 — trading 18.3% below its estimated fair value. The current Market Cap is €245.78 Mil. NZX's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For NZX (FRA:5NZ), the current Market Cap is €245.78 Mil as of Jul. 20, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is NZX (FRA:5NZ) Overvalued in 2026?
Based on GuruFocus' analysis, NZX stock appears to be undervalued.
The current stock price of €0.67 is trading 18.3% below its estimated GF Value™ of €0.82.
GuruFocus considers NZX to be Modestly Undervalued.
Key valuation signals for FRA:5NZ:
Market Cap: €245.78 Mil
GF Value™: €0.82 vs. price of €0.67 (18.3% below fair value)
No single metric tells the full story. See the FRA:5NZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NZX Ltd operates New Zealand's equity, debt, funds, derivatives and energy markets. To support the growth of its markets, it provides trading, clearing, settlement, depository, and information services for its customers. The company also owns Smart, New Zealand issuer of listed Exchange Traded Funds (ETFs); KiwiSaver, investment, superannuation and insurance provider SuperLife; and diversified fund manager QuayStreet Asset Management. Its segments include Markets, Funds Management (Smart), Wealth Technologies, and Corporate. It derives majority of the revenue from Markets segment which includes Capital Markets Origination, Secondary Markets, and Information Services.
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