Millat TractorsKAR:MTL -0.39%78 Market Cap is ₨242,619 Mil as of Jul. 02, 2026. GuruFocus rates KAR:MTL with a GF Score™ of 78/100 and a GF Value™ of ₨211.65 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 215 Farm & Heavy Construction Machinery companies, Millat Tractors ranks better than 65.58% on this metric.
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). Millat Tractors's share price for the quarter that ended in Mar. 2026 was ₨249.095. Millat Tractors's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 798 Mil. Therefore, Millat Tractors's market cap for the quarter that ended in Mar. 2026 was ₨198,794 Mil.
Millat Tractors's quarterly market cap
increased
from Sep. 2025 (₨105,646 Mil) to Dec. 2025 (₨209,568 Mil) but then
declined
from Dec. 2025 (₨209,568 Mil) to Mar. 2026 (₨198,794 Mil).
Millat Tractors's annual market cap
increased
from Jun. 2023 (₨74,861 Mil) to Jun. 2024 (₨121,999 Mil) but then
declined
from Jun. 2024 (₨121,999 Mil) to Jun. 2025 (₨111,462 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. Millat Tractors's Enterprise Value for Today is ₨254,274 Mil.
Millat Tractors (KAR:MTL) 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.
Millat Tractors Market Cap Related Terms
Millat Tractors Market Cap Historical Data
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The historical data trend for Millat Tractors'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, Millat Tractors'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.
Millat Tractors Market Cap vs Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Millat Tractors's Market Cap distribution charts can be found below:
* The bar in red indicates where Millat Tractors's Market Cap falls into.
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.
Millat Tractors's Market Cap for the fiscal year that ended in Jun. 2025 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.
Millat Tractors (KAR:MTL) has a Market Cap of ₨242,619 Mil as of Jul. 02, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Millat Tractors and its competitors. According to the industry distribution chart, Millat Tractors ranks #74 out of 215 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 34.4%.
Is Millat Tractors' Market Cap too high?
Millat Tractors' current Market Cap is ₨242,619 Mil. Based on the distribution chart, Millat Tractors ranks #74 out of 215 companies in the Farm & Heavy Construction Machinery industry, which is above the industry midpoint. Overall, Millat Tractors has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millat Tractors' Market Cap compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, Millat Tractors ranks #74 out of 215 companies for Market Cap. This puts Millat Tractors in the upper half of its industry. The industry median Market Cap is 380.78. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for a Farm & Heavy Construction Machinery company?
The median Market Cap among Farm & Heavy Construction Machinery companies is 380.78, based on 215 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on Millat Tractors and its competitors. For the Farm & Heavy Construction Machinery industry, the median Market Cap is 380.78 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Millat Tractors's current Market Cap is ₨242,619 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millat Tractors stock overvalued right now?
Based on GuruFocus' analysis, Millat Tractors (KAR:MTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨211.65, compared to a current price of ₨304.01 — trading 43.6% above its estimated fair value. The current Market Cap is ₨242,619 Mil. Millat Tractors' overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For Millat Tractors (KAR:MTL), the current Market Cap is ₨242,619 Mil as of Jul. 02, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Millat Tractors (KAR:MTL) Overvalued in 2026?
Based on GuruFocus' analysis, Millat Tractors stock appears to be overvalued.
The current stock price of ₨304.01 is trading 43.6% above its estimated GF Value™ of ₨211.65.
GuruFocus considers Millat Tractors to be Significantly Overvalued.
Key valuation signals for KAR:MTL:
Market Cap: ₨242,619 Mil
GF Value™: ₨211.65 vs. price of ₨304.01 (43.6% above fair value)
No single metric tells the full story. See the KAR:MTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing of agricultural tractors, implements and multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan and abroad. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.
78GF Score
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