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Heriot REIT (JSE:HET) Market Cap : R3,447.8 Mil (As of May. 25, 2024)


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What is Heriot REIT 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). Heriot REIT's share price for the quarter that ended in Dec. 2023 was R13.5. Heriot REIT's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 255.4 Mil. Therefore, Heriot REIT's market cap for the quarter that ended in Dec. 2023 was R3,447.8 Mil.

Heriot REIT's quarterly market cap stayed the same from Dec. 2022 (R2,937.1 Mil) to Jun. 2023 (R2,937.1 Mil) but then increased from Jun. 2023 (R2,937.1 Mil) to Dec. 2023 (R3,447.8 Mil).

Heriot REIT's annual market cap stayed the same from Jun. 2021 (R2,937.1 Mil) to Jun. 2022 (R2,937.1 Mil) and stayed the same from Jun. 2022 (R2,937.1 Mil) to Jun. 2023 (R2,937.1 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. Heriot REIT's Enterprise Value for Today is R7,241.7 Mil.


Heriot REIT Market Cap Historical Data

The historical data trend for Heriot REIT'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.

Heriot REIT Market Cap Chart

Heriot REIT Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Market Cap
Get a 7-Day Free Trial 2,809.36 2,937.05 2,937.05 2,937.05 2,937.05

Heriot REIT Semi-Annual Data
Nov17 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 2,937.05 2,937.05 2,937.05 2,937.05 3,447.85

Competitive Comparison of Heriot REIT's Market Cap

For the REIT - Diversified subindustry, Heriot REIT'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.


Heriot REIT's Market Cap Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heriot REIT's Market Cap distribution charts can be found below:

* The bar in red indicates where Heriot REIT's Market Cap falls into.



Heriot REIT 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.

Heriot REIT'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 )
=R11.5*255.396
=R2,937.1

Heriot REIT'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 )
=R13.5*255.396
=R3,447.8

* 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.


Heriot REIT  (JSE:HET) 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.


Heriot REIT Market Cap Related Terms

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Heriot REIT (JSE:HET) Business Description

Traded in Other Exchanges
N/A
Address
3 Melrose Boulevard, Suite 1, Ground Floor, Melrose Arch, Johannesburg, GT, ZAF, 2196
Heriot REIT Ltd is a South African real estate investment trust. The company owns a portfolio of retail, industrial, office, specialized, residential properties, and others. While the majority of the revenue is earned from Industrial properties. The primary objective of the company is to develop or acquire yield-enhancing assets within Southern Africa to create a stable and diverse portfolio for the purposes of generating capital growth and securing escalating net rental income streams.

Heriot REIT (JSE:HET) Headlines

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