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). Ingles Markets's share price for the quarter that ended in Dec. 2023 was $86.37. Ingles Markets's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 19 Mil. Therefore, Ingles Markets's market cap for the quarter that ended in Dec. 2023 was $1,641 Mil.
Ingles Markets's quarterly market cap
declined
from Jun. 2023 ($1,570 Mil) to Sep. 2023 ($1,431 Mil) but then
increased
from Sep. 2023 ($1,431 Mil) to Dec. 2023 ($1,641 Mil).
Ingles Markets's annual market cap
increased
from Sep. 2021 ($1,254 Mil) to Sep. 2022 ($1,505 Mil) but then
declined
from Sep. 2022 ($1,505 Mil) to Sep. 2023 ($1,431 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. Ingles Markets's Enterprise Value for Today is $1,696 Mil.
Ingles Markets Market Cap Historical Data
The historical data trend for Ingles Markets'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 Ingles Markets's Market Cap
For the Grocery Stores subindustry, Ingles Markets'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.
Ingles Markets's Market Cap Distribution in the Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, Ingles Markets's Market Cap distribution charts can be found below:
* The bar in red indicates where Ingles Markets's Market Cap falls into.
Ingles Markets 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.
Ingles Markets's Market Cap for the fiscal year that ended in Sep. 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.
Ingles Markets (NAS:IMKTA) 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.
Ingles Markets Market Cap Related Terms
Thank you for viewing the detailed overview of Ingles Markets's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ingles Markets (Ingles Markets) Business Description
Ingles Markets Inc is a U.S.-based company that is principally engaged in operating a supermarket chain. The company operates the business in the southeast United States, mainly in Georgia, North Carolina, South Carolina, and Tennessee, with a few stores in Virginia and Alabama as well. The company locates its stores majorly in suburban areas, small towns, and neighborhood areas. It offers a broad range of goods, including food products, pharmacies, health and beauty care products, and general merchandise. The retail business contributes the majority of the company's revenue. The company's real estate ownership of a material portion of total stores enables it to generate rental income.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
IMKTA has been successfully added to your 