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). Joy Global's share price for the quarter that ended in Jan. 2017 was $28.12. Joy Global's Shares Outstanding (EOP) for the quarter that ended in Jan. 2017 was 100 Mil. Therefore, Joy Global's market cap for the quarter that ended in Jan. 2017 was $2,801 Mil.
Joy Global's quarterly market cap
increased
from Jul. 2016 ($2,712 Mil) to Oct. 2016 ($2,736 Mil) and
increased
from Oct. 2016 ($2,736 Mil) to Jan. 2017 ($2,801 Mil).
Joy Global's annual market cap
declined
from Oct. 2014 ($5,163 Mil) to Oct. 2015 ($1,677 Mil) but then
increased
from Oct. 2015 ($1,677 Mil) to Oct. 2016 ($2,736 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. Joy Global's Enterprise Value for Today is $2,814 Mil.
Joy Global Market Cap Historical Data
The historical data trend for Joy Global'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.
For the Farm & Heavy Construction Machinery subindustry, Joy Global'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.
Joy Global's Market Cap Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Joy Global's Market Cap distribution charts can be found below:
* The bar in red indicates where Joy Global's Market Cap falls into.
Joy Global 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.
Joy Global's Market Cap for the fiscal year that ended in Oct. 2016 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.
Joy Global (NYSE:JOY) 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.
Joy Global Market Cap Related Terms
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Milwaukee-based Joy Global manufactures electric shovels, excavators, drills, and other mining equipment for use in surface (through its P&H brand) and underground mines (through the Joy name). Joy Global generated 59% of 2015 sales from coal customers and 32% of sales in the United States. The company was formed in 2001 after the bankruptcy and restructuring of Harnischfeger Industries.
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