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Mips AB (FRA:7M1) Market Cap : €990.89 Mil (As of May. 22, 2024)


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What is Mips 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). Mips AB's share price for the quarter that ended in Mar. 2024 was €29.6. Mips AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 26.49 Mil. Therefore, Mips AB's market cap for the quarter that ended in Mar. 2024 was €784.14 Mil.

Mips AB's quarterly market cap increased from Sep. 2023 (€844.72 Mil) to Dec. 2023 (€857.25 Mil) but then declined from Dec. 2023 (€857.25 Mil) to Mar. 2024 (€784.14 Mil).

Mips AB's annual market cap declined from Dec. 2021 (€3,070.67 Mil) to Dec. 2022 (€1,005.75 Mil) and declined from Dec. 2022 (€1,005.75 Mil) to Dec. 2023 (€857.25 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. Mips AB's Enterprise Value for Today is €957.54 Mil.


Mips AB Market Cap Historical Data

The historical data trend for Mips 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.

Mips AB Market Cap Chart

Mips 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 462.99 1,365.18 3,070.67 1,005.75 857.25

Mips AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1,142.67 1,154.55 844.72 857.25 784.14

Competitive Comparison of Mips AB's Market Cap

For the Leisure subindustry, Mips 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.


Mips AB's Market Cap Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Mips AB's Market Cap distribution charts can be found below:

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



Mips 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.

Mips 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 )
=€32.36*26.4911
=€857.25

Mips AB's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=€29.6*26.4911
=€784.14

* 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.


Mips AB  (FRA:7M1) 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.


Mips AB Market Cap Related Terms

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Mips AB (FRA:7M1) Business Description

Traded in Other Exchanges
Address
Kemistvagen 1B, Taby, Stockholm, SWE, SE-183 79
MIPS AB manufactures and sells helmet-based safety and brain protection products in Sweden. The company sells MIPS Brain Protection System for helmet solutions in the consumer market such as bicycles, winter sports, motorcycles, horse riding, team sports, and others; and in commercial markets such as military, police, and rescue services.

Mips AB (FRA:7M1) Headlines

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