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LNXSY (Lanxess AG) Market Cap : $2,353 Mil (As of Dec. 11, 2024)


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What is Lanxess AG 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). Lanxess AG's share price for the quarter that ended in Sep. 2024 was $6.41. Lanxess AG's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 432 Mil. Therefore, Lanxess AG's market cap for the quarter that ended in Sep. 2024 was $2,767 Mil.

Lanxess AG's quarterly market cap declined from Mar. 2024 ($2,274 Mil) to Jun. 2024 ($2,210 Mil) but then increased from Jun. 2024 ($2,210 Mil) to Sep. 2024 ($2,767 Mil).

Lanxess AG's annual market cap declined from Dec. 2021 ($5,224 Mil) to Dec. 2022 ($3,566 Mil) and declined from Dec. 2022 ($3,566 Mil) to Dec. 2023 ($2,703 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. Lanxess AG's Enterprise Value for Today is $4,839 Mil.


Lanxess AG Market Cap Historical Data

The historical data trend for Lanxess AG'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.

Lanxess AG Market Cap Chart

Lanxess AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5,180.78 5,223.96 3,566.11 2,702.64

Lanxess AG Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2,430.65 2,702.64 2,274.15 2,210.47 2,767.40

Competitive Comparison of Lanxess AG's Market Cap

For the Specialty Chemicals subindustry, Lanxess AG'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.


Lanxess AG's Market Cap Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Lanxess AG's Market Cap distribution charts can be found below:

* The bar in red indicates where Lanxess AG's Market Cap falls into.



Lanxess AG 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.

Lanxess AG's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=$6.26*431.732
=$2,703

Lanxess AG's Market Cap for the quarter that ended in Sep. 2024 is calculated as

Market Cap (Q: Sep. 2024 )=Share Price (Q: Sep. 2024 )*Shares Outstanding (EOP) (Q: Sep. 2024 )
=$6.41*431.732
=$2,767

* 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.


Lanxess AG  (OTCPK:LNXSY) 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.


Lanxess AG Market Cap Related Terms

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Lanxess AG Business Description

Address
Kennedyplatz 1, Cologne, DEU, 50569
Lanxess AG is a German chemical company that was originally spun out of Bayer. Lanxess has visibly decommoditised its portfolio in recent years by divesting its synthetic rubber business and is moving toward becoming a specialty chemicals company in the fields of consumer protection chemicals, specialty additives, intermediates, and engineering plastics.

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