MCN (XAI Madison Equity Premiumome Fund) Market Cap: $117.26 Mil (As of Jul. 26, 2026)

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MCN XAI Madison Equity Premium Income Fund MCN
58 GF Score
Price $5.59
GF Value $8.06
Valuation Significantly Undervalued
! 1 Warning Sign
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What is XAI Madison Equity Premiumome Fund Market Cap?

XAI Madison Equity Premiumome Fund MCN +0.64% 58 Market Cap is $117.26 Mil as of Jul. 26, 2026. GuruFocus rates MCN with a GF Score™ of 58/100 and a GF Value™ of $8.06 (Significantly Undervalued). The stock has 1 warning sign investors should review. Among 1,663 Asset Management companies, XAI Madison Equity Premiumome Fund ranks worse than 59.35% on this metric.

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). XAI Madison Equity Premiumome Fund's share price for the quarter that ended in Mar. 2026 was $5.83. XAI Madison Equity Premiumome Fund's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 21.12 Mil. Therefore, XAI Madison Equity Premiumome Fund's market cap for the quarter that ended in Mar. 2026 was $123.11 Mil.

XAI Madison Equity Premiumome Fund's quarterly market cap declined from Dec. 2024 ($141.70 Mil) to Jun. 2025 ($131.98 Mil) and declined from Jun. 2025 ($131.98 Mil) to Mar. 2026 ($123.11 Mil).

XAI Madison Equity Premiumome Fund's annual market cap declined from Dec. 2021 ($168.28 Mil) to Dec. 2022 ($162.88 Mil) and declined from Dec. 2022 ($162.88 Mil) to Dec. 2023 ($158.60 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. XAI Madison Equity Premiumome Fund's Enterprise Value for Today is $115.14 Mil.


XAI Madison Equity Premiumome Fund  (NYSE:MCN) 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.


XAI Madison Equity Premiumome Fund Market Cap Related Terms


XAI Madison Equity Premiumome Fund Market Cap Historical Data

* Premium members only.

The historical data trend for XAI Madison Equity Premiumome Fund'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.

XAI Madison Equity Premiumome Fund Market Cap Chart

XAI Madison Equity Premiumome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial 138.88 141.39 168.28 162.88 158.60

XAI Madison Equity Premiumome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Mar26
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 158.60 160.27 141.70 131.98 123.11

MCN vs PAI, JHI, NIM: Market Cap Comparison

For the Asset Management subindustry, XAI Madison Equity Premiumome Fund'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.


XAI Madison Equity Premiumome Fund Market Cap vs Asset Management Industry

For the Asset Management industry and Financial Services sector, XAI Madison Equity Premiumome Fund's Market Cap distribution charts can be found below:

* The bar in red indicates where XAI Madison Equity Premiumome Fund's Market Cap falls into.


MCN
58GF Score
XAI Madison Equity Premium Income Fund MCN
Market Cap is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

XAI Madison Equity Premiumome Fund 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.

XAI Madison Equity Premiumome Fund'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 )
=$7.53*21.062
=$158.60

XAI Madison Equity Premiumome Fund's Market Cap for the quarter that ended in Mar. 2026 is calculated as

Market Cap (Q: Mar. 2026 )=Share Price (Q: Mar. 2026 )*Shares Outstanding (EOP) (Q: Mar. 2026 )
=$5.83*21.117
=$123.11

* 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.

Frequently Asked Questions Learn more about Market Cap →
What does a Market Cap of $117.26 Mil mean?
XAI Madison Equity Premiumome Fund (MCN) has a Market Cap of $117.26 Mil as of Jul. 26, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on XAI Madison Equity Premiumome Fund and its competitors. According to the industry distribution chart, XAI Madison Equity Premiumome Fund ranks #987 out of 1663 companies in the Asset Management industry, placing it in the top 59.4%.
Is XAI Madison Equity Premiumome Fund's Market Cap too high?
XAI Madison Equity Premiumome Fund's current Market Cap is $117.26 Mil. The Asset Management industry median Market Cap is 195.28. XAI Madison Equity Premiumome Fund's value of $117.26 Mil is 40% below this industry median. Based on the distribution chart, XAI Madison Equity Premiumome Fund ranks #987 out of 1663 companies in the Asset Management industry, which is below the industry midpoint. Overall, XAI Madison Equity Premiumome Fund has a GF Score™ of 58/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does XAI Madison Equity Premiumome Fund's Market Cap compare to PAI and JHI?
According to the Asset Management industry distribution chart, XAI Madison Equity Premiumome Fund ranks #987 out of 1663 companies for Market Cap. This places XAI Madison Equity Premiumome Fund in the lower half of its industry. The industry median Market Cap is 195.28. XAI Madison Equity Premiumome Fund's value of $117.26 Mil is 40% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Asset Management company?
The median Market Cap among Asset Management companies is 195.28, based on 1,663 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. XAI Madison Equity Premiumome Fund's current Market Cap of $117.26 Mil is 40% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on XAI Madison Equity Premiumome Fund and its competitors. For the Asset Management industry, the median Market Cap is 195.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XAI Madison Equity Premiumome Fund's current Market Cap is $117.26 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XAI Madison Equity Premiumome Fund stock overvalued right now?
Based on GuruFocus' analysis, XAI Madison Equity Premiumome Fund (MCN) is currently considered Significantly Undervalued. The stock's GF Value™ is $8.06, compared to a current price of $5.59 — trading 30.7% below its estimated fair value. The current Market Cap is $117.26 Mil and 40% below the Asset Management industry median of 195.28. XAI Madison Equity Premiumome Fund's overall GF Score™ is 58/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For XAI Madison Equity Premiumome Fund (MCN), the current Market Cap is $117.26 Mil as of Jul. 26, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is XAI Madison Equity Premiumome Fund (MCN) Overvalued in 2026?

Based on GuruFocus' analysis, XAI Madison Equity Premiumome Fund stock appears to be undervalued. The current stock price of $5.59 is trading 30.7% below its estimated GF Value™ of $8.06. GuruFocus considers XAI Madison Equity Premiumome Fund to be Significantly Undervalued.

Key valuation signals for MCN:

  • Market Cap: $117.26 Mil
  • GF Value™: $8.06 vs. price of $5.59 (30.7% below fair value)
  • GF Score™: 58/100 with 1 warning sign
  • Industry Position: 40% below the Asset Management median (#987 of 1663)

No single metric tells the full story. See the MCN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


XAI Madison Equity Premiumome Fund Business Description

Address 321 North Clark Street, Suite 2430, Chicago, IL, USA, 60654
XAI Madison Equity Premium Income Fund is an investment management company. The Fund invests in an actively managed equity portfolio comprised of individual stocks and covered call options. The Fund's primary investment objective is to provide high level of current income and gains, with a secondary objective of capital appreciation.
58GF Score

Get the complete analysis for MCN

Market Cap is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$5.59
Price
$8.06
GF Value