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). Merit Group's share price for the quarter that ended in Sep. 2023 was £0.52. Merit Group's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 23.96 Mil. Therefore, Merit Group's market cap for the quarter that ended in Sep. 2023 was £12.46 Mil.
Merit Group's quarterly market cap
declined
from Sep. 2022 (£8.15 Mil) to Mar. 2023 (£7.19 Mil) but then
increased
from Mar. 2023 (£7.19 Mil) to Sep. 2023 (£12.46 Mil).
Merit Group's annual market cap
declined
from Mar. 2021 (£17.46 Mil) to Mar. 2022 (£10.66 Mil) and
declined
from Mar. 2022 (£10.66 Mil) to Mar. 2023 (£7.19 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. Merit Group's Enterprise Value for Today is £20.21 Mil.
Merit Group Market Cap Historical Data
The historical data trend for Merit Group'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 Merit Group's Market Cap
For the Information Technology Services subindustry, Merit Group'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.
Merit Group's Market Cap Distribution in the Software Industry
For the Software industry and Technology sector, Merit Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Merit Group's Market Cap falls into.
Merit Group 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.
Merit Group's Market Cap for the fiscal year that ended in Mar. 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.
Merit Group (LSE:MRIT) 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.
Merit Group Market Cap Related Terms
Thank you for viewing the detailed overview of Merit Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Merit Group PLC provides data, business, and political intelligence. The group operates through two operating segments namely, Dods and Merit Data and Technology. Dods business segment concentrates on the provision of key information and insights into the political and public policy environments around the UK and the European Union. The Merit Data and Technology segment focuses on the fields of data engineering, machine learning, and artificial intelligence. The company generates the majority of its revenue from Merit Data & Technology segment.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
LSE:MRIT has been successfully added to your 