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). Snam SpA's share price for the quarter that ended in Sep. 2023 was €4.4855. Snam SpA's Shares Outstanding (EOP) for the quarter that ended in Sep. 2023 was 3,353 Mil. Therefore, Snam SpA's market cap for the quarter that ended in Sep. 2023 was €15,039 Mil.
Snam SpA's quarterly market cap
declined
from Mar. 2023 (€16,413 Mil) to Jun. 2023 (€16,073 Mil) and
declined
from Jun. 2023 (€16,073 Mil) to Sep. 2023 (€15,039 Mil).
Snam SpA's annual market cap
increased
from Dec. 2020 (€15,090 Mil) to Dec. 2021 (€17,381 Mil) but then
declined
from Dec. 2021 (€17,381 Mil) to Dec. 2022 (€15,398 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. Snam SpA's Enterprise Value for Today is €29,033 Mil.
Snam SpA Market Cap Historical Data
The historical data trend for Snam SpA'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.
For the Utilities - Regulated Gas subindustry, Snam SpA'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.
Snam SpA's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Snam SpA's Market Cap distribution charts can be found below:
* The bar in red indicates where Snam SpA's Market Cap falls into.
Snam SpA 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.
Snam SpA's Market Cap for the fiscal year that ended in Dec. 2022 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.
Snam SpA (LTS:0NQP) 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.
Snam SpA Market Cap Related Terms
Thank you for viewing the detailed overview of Snam SpA's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Snam operates a network of about 38,000 kilometers of natural gas pipelines in Italy and abroad. It also holds 17.1% of European gas storage capacity and 6.5 billion cubic meters of LNG regasification capacity. Snam is investing in hydrogen, biofuels, carbon capture and storage, and energy efficiencies to prepare for the energy transition. Snam became independent from Eni in 2012 after the latter sold its stake to Cassa Depositi e Prestiti, a financial institution controlled by the Ministry of Economy and Finance.
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