GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Arion banki hf (FRA:AB7A) » Definitions » Market Cap

Arion banki hf (FRA:AB7A) Market Cap : €1,510.6 Mil (As of Dec. 13, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Arion banki hf 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). Arion banki hf's share price for the quarter that ended in Sep. 2024 was €0.908. Arion banki hf's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 1,412.8 Mil. Therefore, Arion banki hf's market cap for the quarter that ended in Sep. 2024 was €1,282.8 Mil.

Arion banki hf's quarterly market cap declined from Mar. 2024 (€1,297.1 Mil) to Jun. 2024 (€1,165.6 Mil) but then increased from Jun. 2024 (€1,165.6 Mil) to Sep. 2024 (€1,282.8 Mil).

Arion banki hf's annual market cap declined from Dec. 2021 (€1,897.9 Mil) to Dec. 2022 (€1,398.7 Mil) and declined from Dec. 2022 (€1,398.7 Mil) to Dec. 2023 (€1,368.3 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. Arion banki hf's Enterprise Value for Today is €4,115.0 Mil.


Arion banki hf Market Cap Historical Data

The historical data trend for Arion banki hf'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.

Arion banki hf Market Cap Chart

Arion banki hf 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 1,081.53 979.35 1,897.85 1,398.67 1,368.26

Arion banki hf 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 1,330.44 1,368.26 1,297.05 1,165.57 1,282.79

Competitive Comparison of Arion banki hf's Market Cap

For the Banks - Regional subindustry, Arion banki hf'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.


Arion banki hf's Market Cap Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Arion banki hf's Market Cap distribution charts can be found below:

* The bar in red indicates where Arion banki hf's Market Cap falls into.



Arion banki hf 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.

Arion banki hf'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 )
=€0.946*1446.36
=€1,368.3

Arion banki hf'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 )
=€0.908*1412.76
=€1,282.8

* 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.


Arion banki hf  (FRA:AB7A) 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.


Arion banki hf Market Cap Related Terms

Thank you for viewing the detailed overview of Arion banki hf's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


Arion banki hf Business Description

Traded in Other Exchanges
Address
Borgartun 19, Reykjavik, ISL, 105
Arion banki hf is a universal relationship bank operating in the Icelandic financial market. Its operating segments are Markets, Corporate & Investment Banking, Retail Banking, Treasury, Other subsidiaries, and Supporting units. The Corporate & Investment Banking segment of the company generates the majority of the revenue and is engaged in providing comprehensive financial services to companies and investors both in Iceland and internationally.

Arion banki hf Headlines

No Headlines