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). TI Fluid Systems's share price for the quarter that ended in Dec. 2023 was £1.538. TI Fluid Systems's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 513 Mil. Therefore, TI Fluid Systems's market cap for the quarter that ended in Dec. 2023 was £789 Mil.
TI Fluid Systems's quarterly market cap
increased
from Dec. 2022 (£695 Mil) to Jun. 2023 (£711 Mil) and
increased
from Jun. 2023 (£711 Mil) to Dec. 2023 (£789 Mil).
TI Fluid Systems's annual market cap
declined
from Dec. 2021 (£1,327 Mil) to Dec. 2022 (£695 Mil) but then
increased
from Dec. 2022 (£695 Mil) to Dec. 2023 (£789 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. TI Fluid Systems's Enterprise Value for Today is £1,335 Mil.
TI Fluid Systems Market Cap Historical Data
The historical data trend for TI Fluid Systems'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 TI Fluid Systems's Market Cap
For the Auto Parts subindustry, TI Fluid Systems'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.
TI Fluid Systems's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, TI Fluid Systems's Market Cap distribution charts can be found below:
* The bar in red indicates where TI Fluid Systems's Market Cap falls into.
TI Fluid Systems 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.
TI Fluid Systems'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.
TI Fluid Systems (LSE:TIFS) 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.
TI Fluid Systems Market Cap Related Terms
Thank you for viewing the detailed overview of TI Fluid Systems's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
TI Fluid Systems PLC is engaged in providing automotive fluid storage, carrying, and delivery systems for the light-duty automotive market. The operating segments of the company are fluid-carrying systems and fuel tank & delivery systems. The fluid-carrying systems include brake and fuel lines and bundles, tank top lines, vacuum booster lines, quick connectors, air conditioning tubes, and hose assemblies, accumulators and receiver dryers, and thermal products and powertrain components. The fuel tank and delivery systems include fuel tanks, fuel pumps, level sensors, and additive dosing systems. Its geographical segments are Europe & Africa, Asia Pacific, North America, and Latin America.
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