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Convergenze SpA (MIL:CVG) Market Cap : €13.02 Mil (As of May. 12, 2024)


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What is Convergenze SpA Market Cap?

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). Convergenze SpA's share price for the quarter that ended in Jun. 2023 was €1.8. Convergenze SpA's Shares Outstanding (EOP) for the quarter that ended in Jun. 2023 was 7.49 Mil. Therefore, Convergenze SpA's market cap for the quarter that ended in Jun. 2023 was €13.49 Mil.

Convergenze SpA's quarterly market cap declined from Dec. 2021 (€23.08 Mil) to Jun. 2022 (€17.08 Mil) and declined from Jun. 2022 (€17.08 Mil) to Jun. 2023 (€13.49 Mil).

Convergenze SpA's annual market cap increased from Dec. 2020 (€0.00 Mil) to Dec. 2021 (€23.08 Mil) but then declined from Dec. 2021 (€23.08 Mil) to Dec. 2022 (€19.71 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. Convergenze SpA's Enterprise Value for Today is €18.79 Mil.


Convergenze SpA Market Cap Historical Data

The historical data trend for Convergenze 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.

* Premium members only.

Convergenze SpA Market Cap Chart

Convergenze SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial - - 23.08 19.71 10.34

Convergenze SpA Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Jun23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only 22.08 23.08 17.08 13.49 10.34

Competitive Comparison of Convergenze SpA's Market Cap

For the Telecom Services subindustry, Convergenze 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.


Convergenze SpA's Market Cap Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Convergenze SpA's Market Cap distribution charts can be found below:

* The bar in red indicates where Convergenze SpA's Market Cap falls into.



Convergenze 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.

Convergenze SpA's Market Cap for the fiscal year that ended in Dec. 2022 is calculated as

Market Cap (A: Dec. 2022 )=Share Price (A: Dec. 2022 )*Shares Outstanding (EOP) (A: Dec. 2022 )
=€2.63*7.49471
=

Convergenze SpA's Market Cap for the quarter that ended in Jun. 2023 is calculated as

Market Cap (Q: Jun. 2023 )=Share Price (Q: Jun. 2023 )*Shares Outstanding (EOP) (Q: Jun. 2023 )
=€1.8*7.49471
=€13.49

* 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.


Convergenze SpA  (MIL:CVG) 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.


Convergenze SpA Market Cap Related Terms

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Convergenze SpA (MIL:CVG) Business Description

Traded in Other Exchanges
N/A
Address
Via Magna Graecia 136, Capaccio Paestum, Salerno, ITA, 84047
Convergenze SpA is engaged in providing telecommunication services. The company wireless internet services, mobile calling and data services, television subscription services, voice call services, and other related services.

Convergenze SpA (MIL:CVG) Headlines

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