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). Spire's share price for the quarter that ended in Mar. 2026 was €79. Spire's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 59 Mil. Therefore, Spire's market cap for the quarter that ended in Mar. 2026 was €4,670 Mil.
Spire's quarterly market cap
increased
from Sep. 2025 (€4,043 Mil) to Dec. 2025 (€4,137 Mil) and
increased
from Dec. 2025 (€4,137 Mil) to Mar. 2026 (€4,670 Mil).
Spire's annual market cap
increased
from Sep. 2023 (€2,793 Mil) to Sep. 2024 (€3,436 Mil) and
increased
from Sep. 2024 (€3,436 Mil) to Sep. 2025 (€4,043 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. Spire's Enterprise Value for Today is €10,996 Mil.
Spire (FRA:LGR) 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.
Spire Market Cap Related Terms
Spire Market Cap Historical Data
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The historical data trend for Spire'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.
For the Utilities - Regulated Gas subindustry, Spire'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.
Spire Market Cap vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Spire's Market Cap distribution charts can be found below:
* The bar in red indicates where Spire's Market Cap falls into.
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.
Spire's Market Cap for the fiscal year that ended in Sep. 2025 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.
Spire (FRA:LGR) has a Market Cap of €4,054 Mil as of Jul. 01, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Spire and its competitors. According to the industry distribution chart, Spire ranks #121 out of 513 companies in the Utilities - Regulated industry, placing it in the top 23.6%.
Is Spire's Market Cap too high?
Spire's current Market Cap is €4,054 Mil. Based on the distribution chart, Spire ranks #121 out of 513 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers. Overall, Spire has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Spire's Market Cap compare to MDU and OGS?
According to the Utilities - Regulated industry distribution chart, Spire ranks #121 out of 513 companies for Market Cap. This places Spire in the top 24% of its industry — outperforming the majority of peers. The industry median Market Cap is 886.46. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Utilities - Regulated company?
The median Market Cap among Utilities - Regulated companies is 886.46, based on 513 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Spire and its competitors. For the Utilities - Regulated industry, the median Market Cap is 886.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Spire's current Market Cap is €4,054 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spire stock overvalued right now?
Spire (FRA:LGR) has a current Market Cap of €4,054 Mil. The stock's GF Value™ is €52.18, compared to a current price of €67.50 — trading 29.4% above its estimated fair value. The current Market Cap is €4,054 Mil. Spire's overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Spire (FRA:LGR), the current Market Cap is €4,054 Mil as of Jul. 01, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Spire (FRA:LGR) Overvalued in 2026?
Based on GuruFocus' analysis, Spire stock appears to be overvalued.
The current stock price of €67.50 is trading 29.4% above its estimated GF Value™ of €52.18.
Key valuation signals for FRA:LGR:
Market Cap: €4,054 Mil
GF Value™: €52.18 vs. price of €67.50 (29.4% above fair value)
No single metric tells the full story. See the FRA:LGR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Spire Inc. is the holding company for Spire Missouri, Spire Alabama, other gas utilities, and gas-related businesses, focused on growing organically, investing in infrastructure, and advancing through innovation. Its three segments are Gas Utility, Gas Marketing, and Midstream. The Gas Utility segment is the core business and includes Spire Missouri, Spire Alabama, and Spire EnergySouth. The Gas Marketing segment includes Spire Marketing, which provides non-regulated natural gas services across the U.S. The Midstream segment includes Spire Storage, Spire STL Pipeline, and Spire MoGas Pipeline. The majority of revenue comes from Gas Utility.
75GF Score
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