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). Manila Electric Co's share price for the quarter that ended in Dec. 2023 was $5.35. Manila Electric Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,127 Mil. Therefore, Manila Electric Co's market cap for the quarter that ended in Dec. 2023 was $6,030 Mil.
Manila Electric Co's quarterly market cap
stayed the same
from Jun. 2023 ($6,030 Mil) to Sep. 2023 ($6,030 Mil) and
stayed the same
from Sep. 2023 ($6,030 Mil) to Dec. 2023 ($6,030 Mil).
Manila Electric Co's annual market cap
increased
from Dec. 2021 ($0 Mil) to Dec. 2022 ($6,030 Mil) but then
stayed the same
from Dec. 2022 ($6,030 Mil) to Dec. 2023 ($6,030 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. Manila Electric Co's Enterprise Value for Today is $7,382 Mil.
Manila Electric Co Market Cap Historical Data
The historical data trend for Manila Electric Co'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 Manila Electric Co's Market Cap
For the Utilities - Regulated Electric subindustry, Manila Electric Co'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.
Manila Electric Co's Market Cap Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Manila Electric Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Manila Electric Co's Market Cap falls into.
Manila Electric Co 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.
Manila Electric Co'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.
Manila Electric Co (OTCPK:MERVF) 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.
Manila Electric Co Market Cap Related Terms
Thank you for viewing the detailed overview of Manila Electric Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Manila Electric Co (Manila Electric Co) Business Description
Manila Electric Co, or Meralco, is an electric utility company serving the Philippines. Meralco generates, transmits, and distributes electricity through its portfolio of thermal power plants. The vast majority of the energy produced by the company comes from its natural gas and goal facilities. Meralco generates almost all of its revenue through the sale of electricity. While nearly all of the company's customers are residential entities, total energy sales are split fairly evenly between commercial, industrial, and residential customers. Meralco is the largest electric distribution company in the Philippines and serves dozens of cities and municipalities, including Metropolitan Manila.
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