Novacon Technology Group's quarterly market cap
declined
from Sep. 2023 (HK$41.20 Mil) to Mar. 2024 (HK$39.60 Mil) and
declined
from Mar. 2024 (HK$39.60 Mil) to Sep. 2024 (HK$26.40 Mil).
Novacon Technology Group's annual market cap
increased
from Mar. 2022 (HK$44.80 Mil) to Mar. 2023 (HK$220.00 Mil) but then
declined
from Mar. 2023 (HK$220.00 Mil) to Mar. 2024 (HK$39.60 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. Novacon Technology Group's Enterprise Value for Today is HK$347.58 Mil.
Novacon Technology Group Market Cap Historical Data
* 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 Novacon Technology Group's Market Cap
For the Software - Application subindustry, Novacon Technology 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.
Novacon Technology Group's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Novacon Technology Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Novacon Technology 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.
Novacon Technology Group's Market Cap for the fiscal year that ended in Mar. 2024 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.
Novacon Technology Group (HKSE:08635) 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.
Novacon Technology Group Market Cap Related Terms
Thank you for viewing the detailed overview of Novacon Technology Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Novacon Technology Group Ltd is a financial trading solution provider. The company through its subsidiary engaged in the development and supply of resource allocation, planning, scheduling, and management of software and services. The company generates revenue from Licensing and maintenance services and Initial setup and customization services. The company serves financial institutions, including brokerage firms and wealth management companies. Geographically, the company derives a majority of its revenue from Hong Kong.
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