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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). Asiaray Media Group's share price for the quarter that ended in Dec. 2025 was HK$0.52. Asiaray Media Group's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 477 Mil. Therefore, Asiaray Media Group's market cap for the quarter that ended in Dec. 2025 was HK$248 Mil.
Asiaray Media Group's quarterly market cap
declined
from Dec. 2024 (HK$470 Mil) to Jun. 2025 (HK$349 Mil) and
declined
from Jun. 2025 (HK$349 Mil) to Dec. 2025 (HK$248 Mil).
Asiaray Media Group's annual market cap
increased
from Dec. 2023 (HK$432 Mil) to Dec. 2024 (HK$470 Mil) but then
declined
from Dec. 2024 (HK$470 Mil) to Dec. 2025 (HK$248 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. Asiaray Media Group's Enterprise Value for Today is HK$1,256 Mil.
Asiaray Media Group (HKSE:01993) 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.
Asiaray Media Group Market Cap Related Terms
Asiaray Media Group Market Cap Historical Data
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The historical data trend for Asiaray Media Group'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.
HKSE:01993 vs APP, OMC, TTD: Market Cap Comparison
For the Advertising Agencies subindustry, Asiaray Media Group'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.
Asiaray Media Group Market Cap vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Asiaray Media Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Asiaray Media Group'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.
Asiaray Media Group'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.
Asiaray Media Group (HKSE:01993) has a Market Cap of HK$239 Mil as of Aug. 06, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Asiaray Media Group and its competitors. According to the industry distribution chart, Asiaray Media Group ranks #618 out of 1039 companies in the Media - Diversified industry, placing it in the top 59.5%.
Is Asiaray Media Group's Market Cap too high?
Asiaray Media Group's current Market Cap is HK$239 Mil. Based on the distribution chart, Asiaray Media Group ranks #618 out of 1039 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Asiaray Media Group has a GF Score™ of 32/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Asiaray Media Group's Market Cap compare to APP and OMC?
According to the Media - Diversified industry distribution chart, Asiaray Media Group ranks #618 out of 1039 companies for Market Cap. This places Asiaray Media Group in the lower half of its industry. The industry median Market Cap is 50.53. 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 Media - Diversified company?
The median Market Cap among Media - Diversified companies is 50.53, based on 1,039 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 Asiaray Media Group and its competitors. For the Media - Diversified industry, the median Market Cap is 50.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Asiaray Media Group's current Market Cap is HK$239 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asiaray Media Group stock overvalued right now?
Based on GuruFocus' analysis, Asiaray Media Group (HKSE:01993) is currently considered Modestly Undervalued. The stock's GF Value™ is HK$0.56, compared to a current price of HK$0.50 — trading 10.7% below its estimated fair value. The current Market Cap is HK$239 Mil. Asiaray Media Group's overall GF Score™ is 32/100 with 6 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 Asiaray Media Group (HKSE:01993), the current Market Cap is HK$239 Mil as of Aug. 06, 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 Asiaray Media Group (HKSE:01993) Overvalued in 2026?
Based on GuruFocus' analysis, Asiaray Media Group stock appears to be undervalued.
The current stock price of HK$0.50 is trading 10.7% below its estimated GF Value™ of HK$0.56.
GuruFocus considers Asiaray Media Group to be Modestly Undervalued.
Key valuation signals for HKSE:01993:
Market Cap: HK$239 Mil
GF Value™: HK$0.56 vs. price of HK$0.50 (10.7% below fair value)
No single metric tells the full story. See the HKSE:01993 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Asiaray Media Group Ltd is an investment holding company. Along with its subsidiaries, it operates as an out-of-home media company in Greater China with a strategic focus on mega transport advertising media management, including airport, metro line, and high-speed rail line, etc. The Group's operating segments are: Airports business, Metro and billboards business, and Bus and other business. Maximum revenue is generated from the Metro and billboards business, which is involved in the operation of advertising services in metro lines and billboards, and building solutions. Geographically, the Group generates maximum revenue from the Chinese Mainland, and the rest from Hong Kong and other regions.
32GF Score
Get the complete analysis for HKSE:01993
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