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GuruFocus has detected 6 Warning Signs with Medtronic PLC $MDT.
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Medtronic PLC (NYSE:MDT)
Market Cap (M)
$122,241 Mil (As of Today)

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 (end-of-period, EOP). Medtronic PLC's share price for the quarter that ended in Apr. 2017 was $83.09. Medtronic PLC's shares outstanding (EOP) for the quarter that ended in Apr. 2017 was 1,369 Mil. Therefore, Medtronic PLC's market cap for the quarter that ended in Apr. 2017 was $113,740 Mil.

Medtronic PLC's quarterly market cap declined from Oct. 2016 ($114,297 Mil) to Jan. 2017 ($104,062 Mil) but then increased from Jan. 2017 ($104,062 Mil) to Apr. 2017 ($113,740 Mil).

Medtronic PLC's annual market cap increased from Apr. 2015 ($105,842 Mil) to Apr. 2016 ($110,732 Mil) and increased from Apr. 2016 ($110,732 Mil) to Apr. 2017 ($113,740 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. Medtronic PLC's enterprise value for Today is $142,096 Mil.


Definition

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.

Medtronic PLC's Market Cap for the fiscal year that ended in Apr. 2017 is calculated as

Market Cap (A: Apr. 2017 )=Share Price (A: Apr. 2017 )*Shares Outstanding (EOP) (A: Apr. 2017 )
=83.09*1368.88
=113,740

Medtronic PLC's Market Cap for the quarter that ended in Apr. 2017 is calculated as

Market Cap (Q: Apr. 2017 )=Share Price (Q: Apr. 2017 )*Shares Outstanding (EOP) (Q: Apr. 2017 )
=83.09*1368.88
=113,740

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


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.


Related Terms

Shares Outstanding (EOP)


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Medtronic PLC Annual Data

Apr08Apr09Apr10Apr11Apr12Apr13Apr14Apr15Apr16Apr17
mktcap 54,76235,81747,94344,67939,62147,42758,761105,842110,732113,740

Medtronic PLC Quarterly Data

Jan15Apr15Jul15Oct15Jan16Apr16Jul16Oct16Jan17Apr17
mktcap 101,750105,842110,858104,537106,367110,732122,114114,297104,062113,740
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