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). AB Ignitis Grupe's share price for the quarter that ended in Dec. 2023 was €19.9. AB Ignitis Grupe's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 72 Mil. Therefore, AB Ignitis Grupe's market cap for the quarter that ended in Dec. 2023 was €1,441 Mil.
AB Ignitis Grupe's quarterly market cap
stayed the same
from Jun. 2023 (€1,593 Mil) to Sep. 2023 (€1,593 Mil) but then
declined
from Sep. 2023 (€1,593 Mil) to Dec. 2023 (€1,441 Mil).
AB Ignitis Grupe's annual market cap
declined
from Dec. 2021 (€1,475 Mil) to Dec. 2022 (€1,317 Mil) but then
increased
from Dec. 2022 (€1,317 Mil) to Dec. 2023 (€1,441 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. AB Ignitis Grupe's Enterprise Value for Today is €2,643 Mil.
AB Ignitis Grupe Market Cap Historical Data
The historical data trend for AB Ignitis Grupe'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.
Competitive Comparison of AB Ignitis Grupe's Market Cap
For the Utilities - Diversified subindustry, AB Ignitis Grupe'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.
AB Ignitis Grupe's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, AB Ignitis Grupe's Market Cap distribution charts can be found below:
* The bar in red indicates where AB Ignitis Grupe's Market Cap falls into.
AB Ignitis Grupe 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.
AB Ignitis Grupe's Market Cap for the fiscal year that ended in Dec. 2023 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.
AB Ignitis Grupe (FRA:IGV) 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.
AB Ignitis Grupe Market Cap Related Terms
Thank you for viewing the detailed overview of AB Ignitis Grupe's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
AB Ignitis Grupe is a utility and renewable energy company in the Baltic region. The group's core business is focused on operating electricity and gas distribution networks. It operates in four segments: Customers & Solutions, which is into electricity and gas supply, trading and balancing, energy efficiency projects, construction of solar power plants for businesses and residents, installation and operation of electric vehicle charging stations, and energy solutions; Networks segment, which is engaged in the operation, maintenance, management and development of electricity and gas distribution networks; Green Generation segment; and Flexible Generation segment. The vast majority of the revenue comes from the Customers & Solutions and Network segments.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
FRA:IGV has been successfully added to your 