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TF Bank AB (FRA:6TF) Market Cap : €678.2 Mil (As of Dec. 14, 2024)


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What is TF Bank AB Market Cap?

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). TF Bank AB's share price for the quarter that ended in Sep. 2024 was €23. TF Bank AB's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 21.5 Mil. Therefore, TF Bank AB's market cap for the quarter that ended in Sep. 2024 was €494.5 Mil.

TF Bank AB's quarterly market cap increased from Mar. 2024 (€307.5 Mil) to Jun. 2024 (€438.6 Mil) and increased from Jun. 2024 (€438.6 Mil) to Sep. 2024 (€494.5 Mil).

TF Bank AB's annual market cap declined from Dec. 2021 (€471.9 Mil) to Dec. 2022 (€336.3 Mil) and declined from Dec. 2022 (€336.3 Mil) to Dec. 2023 (€322.9 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. TF Bank AB's Enterprise Value for Today is €706.8 Mil.


TF Bank AB Market Cap Historical Data

The historical data trend for TF Bank AB'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.

* Premium members only.

TF Bank AB Market Cap Chart

TF Bank AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 471.93 336.26 322.93

TF Bank AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Market Cap Get a 7-Day Free Trial 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 273.91 322.93 307.45 438.60 494.50

Competitive Comparison of TF Bank AB's Market Cap

For the Banks - Regional subindustry, TF Bank AB'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.


TF Bank AB's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, TF Bank AB's Market Cap distribution charts can be found below:

* The bar in red indicates where TF Bank AB's Market Cap falls into.



TF Bank AB 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.

TF Bank AB's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=€15.02*21.5
=€322.9

TF Bank AB's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=€23*21.5
=€494.5

* 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.


TF Bank AB  (FRA:6TF) 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 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.


TF Bank AB Market Cap Related Terms

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TF Bank AB Business Description

Traded in Other Exchanges
Address
Lilla Brogatan 6, PO Box 947, Boras, SWE, 50110
TF Bank AB is a digital bank offering consumer banking services and e-commerce solutions through a proprietary IT platform with a high degree of automation. The platform is designed for scalability and adaptability to different products, countries, currencies, and digital banking solutions. TF Bank prioritizes organic growth under controlled conditions and expansion is taking place in carefully selected segments and markets. The business is conducted in Sweden, Finland, Norway, Denmark, Estonia, Latvia, Lithuania, Poland, Germany, Austria, Spain, Ireland and the Netherlands through subsidiary, branch or cross-border banking with the support of the Swedish banking license.

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