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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). New Horizon Health's share price for the quarter that ended in Jun. 2023 was HK$27.35. New Horizon Health's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 458 Mil. Therefore, New Horizon Health's market cap for the quarter that ended in Jun. 2023 was HK$12,515 Mil.
New Horizon Health's quarterly market cap
declined
from Jun. 2022 (HK$10,142 Mil) to Dec. 2022 (HK$7,568 Mil) but then
increased
from Dec. 2022 (HK$7,568 Mil) to Jun. 2023 (HK$12,515 Mil).
New Horizon Health's annual market cap
increased
from Dec. 2020 (HK$0 Mil) to Dec. 2021 (HK$9,497 Mil) but then
declined
from Dec. 2021 (HK$9,497 Mil) to Dec. 2022 (HK$7,568 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. New Horizon Health's Enterprise Value for Today is HK$6,345 Mil.
New Horizon Health (HKSE:06606) 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.
New Horizon Health Market Cap Related Terms
New Horizon Health Market Cap Historical Data
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The historical data trend for New Horizon Health'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:06606 vs ABT, SYK, MDT: Market Cap Comparison
For the Medical Devices subindustry, New Horizon Health'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.
New Horizon Health Market Cap vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, New Horizon Health's Market Cap distribution charts can be found below:
* The bar in red indicates where New Horizon Health'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.
New Horizon Health'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.
New Horizon Health (HKSE:06606) has a Market Cap of HK$6,345 Mil as of Jul. 23, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on New Horizon Health and its competitors.
Is New Horizon Health's Market Cap too high?
New Horizon Health's current Market Cap is HK$6,345 Mil. Overall, New Horizon Health has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Health's Market Cap compare to ABT and SYK?
New Horizon Health's Market Cap of HK$6,345 Mil can be compared against companies in the Medical Devices & Instruments industry. The industry median Market Cap is 113.06. 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 Medical Devices & Instruments company?
The median Market Cap among Medical Devices & Instruments companies is 113.06, based on 864 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 New Horizon Health and its competitors. For the Medical Devices & Instruments industry, the median Market Cap is 113.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Horizon Health's current Market Cap is HK$6,345 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Health stock overvalued right now?
New Horizon Health (HKSE:06606) has a current Market Cap of HK$6,345 Mil. The current Market Cap is HK$6,345 Mil. New Horizon Health's overall GF Score™ is 35/100. 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 New Horizon Health (HKSE:06606), the current Market Cap is HK$6,345 Mil as of Jul. 23, 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.
New Horizon Health Ltd is engaged in early cancer screening and in-home testing in China. The company has an early detection and cancer screening-focused pipeline of five products and product candidates with an emphasis on colorectal cancer screening. The company focuses on cancer prevention and cure through screening and early detection. It generates maximum revenue from ColoClear and Pupu Tube products.
35GF Score
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