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LOIMF (Loomis AB) Market Cap : $2,358 Mil (As of Dec. 12, 2024)


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What is Loomis AB 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). Loomis AB's share price for the quarter that ended in Sep. 2024 was $24.24. Loomis AB's Shares Outstanding (EOP) for the quarter that ended in Sep. 2024 was 69 Mil. Therefore, Loomis AB's market cap for the quarter that ended in Sep. 2024 was $1,674 Mil.

Loomis AB's quarterly market cap declined from Mar. 2024 ($1,780 Mil) to Jun. 2024 ($1,689 Mil) and declined from Jun. 2024 ($1,689 Mil) to Sep. 2024 ($1,674 Mil).

Loomis AB's annual market cap declined from Dec. 2021 ($1,861 Mil) to Dec. 2022 ($1,741 Mil) but then increased from Dec. 2022 ($1,741 Mil) to Dec. 2023 ($1,866 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. Loomis AB's Enterprise Value for Today is $2,579 Mil.


Loomis AB Market Cap Historical Data

The historical data trend for Loomis AB'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.

Loomis AB Market Cap Chart

Loomis AB 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 2,511.80 2,137.17 1,860.92 1,741.27 1,865.62

Loomis AB 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 1,938.11 1,865.62 1,779.70 1,688.76 1,674.39

Competitive Comparison of Loomis AB's Market Cap

For the Security & Protection Services subindustry, Loomis AB'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.


Loomis AB's Market Cap Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Loomis AB's Market Cap distribution charts can be found below:

* The bar in red indicates where Loomis AB's Market Cap falls into.



Loomis AB 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.

Loomis AB'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 )
=$26.25*71.0711
=$1,866

Loomis AB'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 )
=$24.24*69.0754
=$1,674

* 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.


Loomis AB  (OTCPK:LOIMF) 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.


Loomis AB Market Cap Related Terms

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Loomis AB Business Description

Traded in Other Exchanges
Address
Drottninggatan 82, 4th floor, P.O Box 702, Stockholm, SWE, 111 36
Loomis AB is a Sweden-based company mainly engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe and Latin America, USA, and Loomis Pay. The company generates the majority of its revenue from the USA.

Loomis AB Headlines