GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » African Rainbow Capital Investments Ltd (JSE:AIL) » Definitions » Market Cap

African Rainbow Capital Investments (JSE:AIL) Market Cap : R7,591 Mil (As of May. 26, 2024)


View and export this data going back to 2017. Start your Free Trial

What is African Rainbow Capital Investments 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). African Rainbow Capital Investments's share price for the quarter that ended in Dec. 2023 was R4.89. African Rainbow Capital Investments's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,356 Mil. Therefore, African Rainbow Capital Investments's market cap for the quarter that ended in Dec. 2023 was R6,629 Mil.

African Rainbow Capital Investments's quarterly market cap increased from Dec. 2022 (R8,352 Mil) to Jun. 2023 (R8,741 Mil) but then declined from Jun. 2023 (R8,741 Mil) to Dec. 2023 (R6,629 Mil).

African Rainbow Capital Investments's annual market cap increased from Jun. 2021 (R5,470 Mil) to Jun. 2022 (R8,566 Mil) and increased from Jun. 2022 (R8,566 Mil) to Jun. 2023 (R8,741 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. African Rainbow Capital Investments's Enterprise Value for Today is R6,823 Mil.


African Rainbow Capital Investments Market Cap Historical Data

The historical data trend for African Rainbow Capital Investments'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.

African Rainbow Capital Investments Market Cap Chart

African Rainbow Capital Investments Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial 4,922.19 3,250.11 5,469.70 8,565.57 8,741.40

African Rainbow Capital Investments Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 8,962.40 8,565.57 8,352.45 8,741.40 6,628.54

Competitive Comparison of African Rainbow Capital Investments's Market Cap

For the Asset Management subindustry, African Rainbow Capital Investments'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.


African Rainbow Capital Investments's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, African Rainbow Capital Investments's Market Cap distribution charts can be found below:

* The bar in red indicates where African Rainbow Capital Investments's Market Cap falls into.



African Rainbow Capital Investments 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.

African Rainbow Capital Investments's Market Cap for the fiscal year that ended in Jun. 2023 is calculated as

Market Cap (A: Jun. 2023 )=Share Price (A: Jun. 2023 )*Shares Outstanding (EOP) (A: Jun. 2023 )
=R6.5*1344.83
=R8,741

African Rainbow Capital Investments's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=R4.89*1355.53
=R6,629

* 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.


African Rainbow Capital Investments  (JSE:AIL) 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.


African Rainbow Capital Investments Market Cap Related Terms

Thank you for viewing the detailed overview of African Rainbow Capital Investments's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


African Rainbow Capital Investments (JSE:AIL) Business Description

Traded in Other Exchanges
N/A
Address
35 Cybercity, Level 3, Alexander House, Ebene, MUS, 72201
African Rainbow Capital Investments Ltd is an investment holding company. It offers shareholders long-term capital appreciation by indirectly investing in a diversified portfolio of unlisted and listed investments. The company invests in Telecommunications, Real Estate, Hospitality, Energy and Financial Services, and others.

African Rainbow Capital Investments (JSE:AIL) Headlines

No Headlines