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Afrocentric Investment (JSE:ACT) Market Cap : R1,364 Mil (As of Apr. 08, 2025)


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What is Afrocentric Investment Market Cap?

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). Afrocentric Investment's share price for the quarter that ended in Dec. 2024 was R1.99. Afrocentric Investment's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 817 Mil. Therefore, Afrocentric Investment's market cap for the quarter that ended in Dec. 2024 was R1,625 Mil.

Afrocentric Investment's quarterly market cap declined from Dec. 2023 (R2,696 Mil) to Jun. 2024 (R2,352 Mil) and declined from Jun. 2024 (R2,352 Mil) to Dec. 2024 (R1,625 Mil).

Afrocentric Investment's annual market cap increased from Jun. 2022 (R2,523 Mil) to Jun. 2023 (R3,378 Mil) but then declined from Jun. 2023 (R3,378 Mil) to Jun. 2024 (R2,352 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. Afrocentric Investment's Enterprise Value for Today is R1,840 Mil.


Afrocentric Investment Market Cap Historical Data

The historical data trend for Afrocentric Investment'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.

* Premium members only.

Afrocentric Investment Market Cap Chart

Afrocentric Investment Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,111.57 2,532.51 2,522.98 3,377.91 2,351.89

Afrocentric Investment Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,964.83 3,377.91 2,696.08 2,351.89 1,625.09

Competitive Comparison of Afrocentric Investment's Market Cap

For the Medical Care Facilities subindustry, Afrocentric Investment'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.


Afrocentric Investment's Market Cap Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Afrocentric Investment's Market Cap distribution charts can be found below:

* The bar in red indicates where Afrocentric Investment's Market Cap falls into.


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Afrocentric Investment 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.

Afrocentric Investment's Market Cap for the fiscal year that ended in Jun. 2024 is calculated as

Market Cap (A: Jun. 2024 )=Share Price (A: Jun. 2024 )*Shares Outstanding (EOP) (A: Jun. 2024 )
=R2.88*816.630
=R2,352

Afrocentric Investment's Market Cap for the quarter that ended in Dec. 2024 is calculated as

Market Cap (Q: Dec. 2024 )=Share Price (Q: Dec. 2024 )*Shares Outstanding (EOP) (Q: Dec. 2024 )
=R1.99*816.630
=R1,625

* 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.


Afrocentric Investment  (JSE:ACT) 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 company’s 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.


Afrocentric Investment Market Cap Related Terms

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Afrocentric Investment Business Description

Traded in Other Exchanges
N/A
Address
37 Conrad Road, Florida North, Roodepoort, ZAF, 1709
Afrocentric Investment Corp Ltd is a black-owned investment holding company with an investment portfolio focused on services to the healthcare sector. It seeks to invest in healthcare-related businesses that demonstrate prospects for growth as well as diversify its revenue sources while contributing to the sustainable health and welfare of South African communities. The company provides health administration and health risk management solutions to the healthcare industry. Its operating segments include: Healthcare SA; Healthcare Retail; Healthcare Africa and Information Technology. The geographical segments include businesses outside of South Africa which include Botswana, Mauritius and Namibia.