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Wise (FRA:6WS) Market Cap : €11,479 Mil (As of Dec. 12, 2024)


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What is Wise 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). Wise's share price for the quarter that ended in Sep. 2024 was €7.89. Wise's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 1,005 Mil. Therefore, Wise's market cap for the quarter that ended in Sep. 2024 was €7,932 Mil.

Wise's quarterly market cap increased from Sep. 2023 (€7,829 Mil) to Mar. 2024 (€10,914 Mil) but then declined from Mar. 2024 (€10,914 Mil) to Sep. 2024 (€7,932 Mil).

Wise's annual market cap declined from Mar. 2022 (€6,352 Mil) to Mar. 2023 (€6,072 Mil) but then increased from Mar. 2023 (€6,072 Mil) to Mar. 2024 (€10,914 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. Wise's Enterprise Value for Today is €-7,774 Mil.


Wise Market Cap Historical Data

The historical data trend for Wise'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.

Wise Market Cap Chart

Wise Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Market Cap
Get a 7-Day Free Trial - - 6,352.46 6,072.25 10,913.91

Wise Semi-Annual Data
Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 8,122.95 6,072.25 7,829.32 10,913.91 7,931.82

Competitive Comparison of Wise's Market Cap

For the Information Technology Services subindustry, Wise'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.


Wise's Market Cap Distribution in the Software Industry

For the Software industry and Technology sector, Wise's Market Cap distribution charts can be found below:

* The bar in red indicates where Wise's Market Cap falls into.



Wise 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.

Wise's Market Cap for the fiscal year that ended in Mar. 2024 is calculated as

Market Cap (A: Mar. 2024 )=Share Price (A: Mar. 2024 )*Shares Outstanding (EOP) (A: Mar. 2024 )
=€10.65*1024.78
=€10,914

Wise'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 )
=€7.89*1005.3
=€7,932

* 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.


Wise  (FRA:6WS) 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.


Wise Market Cap Related Terms

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Wise Business Description

Traded in Other Exchanges
Address
56 Shoreditch High Street, 6th Floor, Tea Building, London, GBR, E1 6JJ
Wise PLC is a currency conversion platform utilizing a peer-to-peer network to reduce transfer costs. The group focuses primarily on private clients and small and midsize enterprises. By operating local accounts in each jurisdiction Wise sends money to or receives money from, this fintech offers faster and cheaper currency transfer services than incumbents (banks). Wise has started to broaden its product offering, issuing its clients debit cards and allowing customers to invest funds into various asset-management products.

Wise Headlines

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