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). Town Ray Holdings's share price for the quarter that ended in Jun. 2024 was HK$2.61. Town Ray Holdings's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 359.0 Mil. Therefore, Town Ray Holdings's market cap for the quarter that ended in Jun. 2024 was HK$937.0 Mil.
Town Ray Holdings's quarterly market cap
increased
from Jun. 2023 (HK$1,077.0 Mil) to Dec. 2023 (HK$1,112.9 Mil) but then
declined
from Dec. 2023 (HK$1,112.9 Mil) to Jun. 2024 (HK$937.0 Mil).
Town Ray Holdings's annual market cap
increased
from Dec. 2021 (HK$721.6 Mil) to Dec. 2022 (HK$732.4 Mil) and
increased
from Dec. 2022 (HK$732.4 Mil) to Dec. 2023 (HK$1,112.9 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. Town Ray Holdings's Enterprise Value for Today is HK$909.3 Mil.
Town Ray Holdings Market Cap Historical Data
The historical data trend for Town Ray Holdings'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 Town Ray Holdings's Market Cap
For the Consumer Electronics subindustry, Town Ray Holdings'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.
Town Ray Holdings's Market Cap Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Town Ray Holdings's Market Cap distribution charts can be found below:
* The bar in red indicates where Town Ray Holdings'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.
Town Ray Holdings'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.
Town Ray Holdings (HKSE:01692) 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.
Town Ray Holdings Market Cap Related Terms
Thank you for viewing the detailed overview of Town Ray Holdings's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Town Ray Holdings Ltd is a developer, designer, manufacturer, and supplier of electrothermic household appliances mainly to overseas markets. The electrothermic household products can be grouped into two categories, namely garment care appliances, including steam generator irons, garment steamers, and steam irons; and cooking appliances, including coffee machines, steam cooking appliances, and other cooking appliances. The company's products are mainly sold to overseas markets, including Germany, France, the United Kingdom, and the Netherlands.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
HKSE:01692 has been successfully added to your 