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Toyo Tire (FRA:TYR) Market Cap : €2,528 Mil (As of Jun. 05, 2024)


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What is Toyo Tire 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). Toyo Tire's share price for the quarter that ended in Mar. 2024 was €16.9. Toyo Tire's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 154 Mil. Therefore, Toyo Tire's market cap for the quarter that ended in Mar. 2024 was €2,602 Mil.

Toyo Tire's quarterly market cap increased from Sep. 2023 (€2,186 Mil) to Dec. 2023 (€2,263 Mil) and increased from Dec. 2023 (€2,263 Mil) to Mar. 2024 (€2,602 Mil).

Toyo Tire's annual market cap declined from Dec. 2021 (€2,063 Mil) to Dec. 2022 (€1,586 Mil) but then increased from Dec. 2022 (€1,586 Mil) to Dec. 2023 (€2,263 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. Toyo Tire's Enterprise Value for Today is €2,810 Mil.


Toyo Tire Market Cap Historical Data

The historical data trend for Toyo Tire'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.

Toyo Tire Market Cap Chart

Toyo Tire 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 1,954.82 1,847.20 2,062.78 1,585.57 2,263.33

Toyo Tire 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 1,600.97 1,816.48 2,185.93 2,263.33 2,602.06

Competitive Comparison of Toyo Tire's Market Cap

For the Auto Parts subindustry, Toyo Tire'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.


Toyo Tire's Market Cap Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Toyo Tire's Market Cap distribution charts can be found below:

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



Toyo Tire 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.

Toyo Tire'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 )
=€14.7*153.968
=€2,263

Toyo Tire'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 )
=€16.9*153.968
=€2,602

* 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.


Toyo Tire  (FRA:TYR) 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.


Toyo Tire Market Cap Related Terms

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Toyo Tire (FRA:TYR) Business Description

Traded in Other Exchanges
Address
2-2-13 Fujinoki, Hyogo, Itami, JPN, 664-0847
Toyo Tire Corp manufactures and sells tires, rubber tubes, industrial rubber, polyurethane products, and automotive parts. The majority of the company's revenue is amassed through Japanese and North American sales. Toyo Tire & Rubber's tires are developed through micro-level research and analysis. Optimal tire performance is gained through proprietary nano-level blending techniques that provide uniform polymer dispersion. Additional enhancements are gained through driving simulation and propriety T mode simulation. Simulation testing methods enable the company to monitor tire behavior and construction under various situations.

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