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). Hallmark Financial Services's share price for the quarter that ended in Sep. 2023 was $1.92. Hallmark Financial Services's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 1.8 Mil. Therefore, Hallmark Financial Services's market cap for the quarter that ended in Sep. 2023 was $3.5 Mil.
Hallmark Financial Services's quarterly market cap
declined
from Mar. 2023 ($11.8 Mil) to Jun. 2023 ($9.8 Mil) and
declined
from Jun. 2023 ($9.8 Mil) to Sep. 2023 ($3.5 Mil).
Hallmark Financial Services's annual market cap
increased
from Dec. 2020 ($64.6 Mil) to Dec. 2021 ($79.1 Mil) but then
declined
from Dec. 2021 ($79.1 Mil) to Dec. 2022 ($10.6 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. Hallmark Financial Services's Enterprise Value for Today is $31.0 Mil.
Hallmark Financial Services Market Cap Historical Data
The historical data trend for Hallmark Financial Services'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 Hallmark Financial Services's Market Cap
For the Insurance - Property & Casualty subindustry, Hallmark Financial Services'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.
Hallmark Financial Services's Market Cap Distribution in the Insurance Industry
For the Insurance industry and Financial Services sector, Hallmark Financial Services's Market Cap distribution charts can be found below:
* The bar in red indicates where Hallmark Financial Services's Market Cap falls into.
Hallmark Financial Services 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.
Hallmark Financial Services's Market Cap for the fiscal year that ended in Dec. 2022 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.
Hallmark Financial Services (OTCPK:HALL) 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.
Hallmark Financial Services Market Cap Related Terms
Thank you for viewing the detailed overview of Hallmark Financial Services's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Hallmark Financial Services (Hallmark Financial Services) Business Description
Hallmark Financial Services Inc is an insurance holding company, which is engaged in the sale of property/casualty insurance products to businesses and individuals. Its business involves marketing, distributing, underwriting, and servicing insurance products, as well as providing other insurance-related services. The company operates in segments such as Standard Commercial Segment, Specialty Commercial Segment, and Personal Segment. Geographically, it operates through the region of United States and derives a majority of its revenue from Specialty Commercial Segment, which includes Commercial Auto business unit, E&S Casualty business unit, E&S Property business unit, Professional Liability business unit, and Aerospace & Programs business unit.
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