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Ace Digital ASFRA:ZR9 +3.92%12 Market Cap is €3.74 Mil as of Aug. 16, 2026. GuruFocus rates FRA:ZR9 with a GF Score™ of 12/100. The stock has 3 warning signs investors should review. Among 829 Capital Markets companies, Ace Digital AS ranks worse than 79.13% on this metric.
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). Ace Digital AS's share price for the quarter that ended in Dec. 2025 was €0.0366. Ace Digital AS's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 125.85 Mil. Therefore, Ace Digital AS's market cap for the quarter that ended in Dec. 2025 was €4.61 Mil.
Ace Digital AS's quarterly market cap
stayed the same
from Dec. 2023 (€0.00 Mil) to Dec. 2024 (€0.00 Mil) but then
increased
from Dec. 2024 (€0.00 Mil) to Dec. 2025 (€4.61 Mil).
Ace Digital AS's annual market cap
stayed the same
from Dec. 2023 (€0.00 Mil) to Dec. 2024 (€0.00 Mil) but then
increased
from Dec. 2024 (€0.00 Mil) to Dec. 2025 (€4.61 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. Ace Digital AS's Enterprise Value for Today is €1.22 Mil.
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.
Ace Digital AS Market Cap Related Terms
Ace Digital AS Market Cap Historical Data
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The historical data trend for Ace Digital AS'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.
Ace Digital AS Market Cap Chart
Ace Digital AS Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Market Cap
0.00
0.00
0.00
4.61
Ace Digital AS Semi-Annual Data
Dec22
Dec23
Dec24
Dec25
Market Cap
0.00
0.00
0.00
4.61
FRA:ZR9 vs MS, GS, SCHW: Market Cap Comparison
For the Capital Markets subindustry, Ace Digital AS'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.
Ace Digital AS Market Cap vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Ace Digital AS's Market Cap distribution charts can be found below:
* The bar in red indicates where Ace Digital AS'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.
Ace Digital AS's Market Cap for the fiscal year that ended in Dec. 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.
Ace Digital AS (FRA:ZR9) has a Market Cap of €3.74 Mil as of Aug. 16, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Ace Digital AS and its competitors. According to the industry distribution chart, Ace Digital AS ranks #656 out of 829 companies in the Capital Markets industry, placing it in the top 79.1%.
Is Ace Digital AS's Market Cap too high?
Ace Digital AS's current Market Cap is €3.74 Mil. Based on the distribution chart, Ace Digital AS ranks #656 out of 829 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Ace Digital AS has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ace Digital AS's Market Cap compare to MS and GS?
According to the Capital Markets industry distribution chart, Ace Digital AS ranks #656 out of 829 companies for Market Cap. This places Ace Digital AS in the lower half of its industry. The industry median Market Cap is 59.09. 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 a Capital Markets company?
The median Market Cap among Capital Markets companies is 59.09, based on 829 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 Ace Digital AS and its competitors. For the Capital Markets industry, the median Market Cap is 59.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ace Digital AS's current Market Cap is €3.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ace Digital AS stock overvalued right now?
Ace Digital AS (FRA:ZR9) has a current Market Cap of €3.74 Mil. The current Market Cap is €3.74 Mil. Ace Digital AS's overall GF Score™ is 12/100 with 3 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 Ace Digital AS (FRA:ZR9), the current Market Cap is €3.74 Mil as of Aug. 16, 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.
Ace Digital AS is an investment holding company. The company focuses on investing in and managing businesses in the Bitcoin ecosystem. The company's purpose is to be an attractive way to participate in that thesis - through a structure designed to do more than hold Bitcoin passively. It is building a Bitcoin platform. The company uses Bitcoin as a main asset while offering products and services.
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