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). Kumba Iron Ore's share price for the quarter that ended in Jun. 2024 was $8.25. Kumba Iron Ore's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 963 Mil. Therefore, Kumba Iron Ore's market cap for the quarter that ended in Jun. 2024 was $7,944 Mil.
Kumba Iron Ore's quarterly market cap
increased
from Jun. 2023 ($7,619 Mil) to Dec. 2023 ($10,689 Mil) but then
declined
from Dec. 2023 ($10,689 Mil) to Jun. 2024 ($7,944 Mil).
Kumba Iron Ore's annual market cap
declined
from Dec. 2021 ($9,550 Mil) to Dec. 2022 ($9,513 Mil) but then
increased
from Dec. 2022 ($9,513 Mil) to Dec. 2023 ($10,689 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. Kumba Iron Ore's Enterprise Value for Today is $6,645 Mil.
Kumba Iron Ore Market Cap Historical Data
The historical data trend for Kumba Iron Ore'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.
Competitive Comparison of Kumba Iron Ore's Market Cap
For the Steel subindustry, Kumba Iron Ore'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.
Kumba Iron Ore's Market Cap Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Kumba Iron Ore's Market Cap distribution charts can be found below:
* The bar in red indicates where Kumba Iron Ore's Market Cap falls into.
Kumba Iron Ore 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.
Kumba Iron Ore's Market Cap for the fiscal year that ended in Dec. 2023 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.
Kumba Iron Ore (OTCPK:KIROY) 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.
Kumba Iron Ore Market Cap Related Terms
Thank you for viewing the detailed overview of Kumba Iron Ore's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Kumba Iron Ore Ltd is engaged in the exploration, mining, processing blending, and sale of iron ore to the global steel industry. The company primarily operates in South Africa, with mining operations in the Northern Cape and Limpopo provinces, as well as a head office in Centurion, Gauteng, and a port operation in Saldanha Bay, Western Cape. The company's flagship asset is the Sishen mine, which it holds a majority stake in, located near the town of Kathu in the Northern Cape Province. The Sishen mine is an opencast mine and produces the bulk of the group's iron ore, most of which is exported. It also holds interest in Kolomela mine. The company also generates revenue from Shipping operations. The majority of the company's revenue is generated from its products.
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