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Iren SpA (MIL:IRE) Market Cap : €2,354 Mil (As of May. 08, 2024)


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What is Iren 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). Iren SpA's share price for the quarter that ended in Dec. 2023 was €1.973. Iren SpA's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 1,283 Mil. Therefore, Iren SpA's market cap for the quarter that ended in Dec. 2023 was €2,532 Mil.

Iren SpA's quarterly market cap increased from Jun. 2023 (€2,183 Mil) to Sep. 2023 (€2,342 Mil) and increased from Sep. 2023 (€2,342 Mil) to Dec. 2023 (€2,532 Mil).

Iren SpA's annual market cap declined from Dec. 2021 (€3,405 Mil) to Dec. 2022 (€1,884 Mil) but then increased from Dec. 2022 (€1,884 Mil) to Dec. 2023 (€2,532 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. Iren SpA's Enterprise Value for Today is €2,557 Mil.


Iren SpA Market Cap Historical Data

The historical data trend for Iren 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.

Iren SpA Market Cap Chart

Iren SpA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,579.66 2,732.04 3,405.29 1,883.56 2,531.52

Iren SpA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only 1,883.56 2,264.64 2,182.52 2,341.62 2,531.52

Competitive Comparison of Iren SpA's Market Cap

For the Utilities - Diversified subindustry, Iren 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.


Iren SpA's Market Cap Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Iren SpA's Market Cap distribution charts can be found below:

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



Iren 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.

Iren SpA'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 )
=€1.973*1283.08
=€2,532

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

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=€1.973*1283.08
=€2,532

* 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.


Iren SpA  (MIL:IRE) 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.


Iren SpA Market Cap Related Terms

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Iren SpA (MIL:IRE) Business Description

Traded in Other Exchanges
Address
Via Nubi di Magellano, 30, Reggio Emilia, ITA, 42123
Iren SpA is a multi-service Italian utilities holding company that produces and distributes electricity and natural gas. It also provides district heating, water, and environmental services. Iren has five operating companies that include Iren Acqua Gas, Iren Energia (electricity and thermal production), Iren Mercato (sale of electricity, gas, and district heating), Iren Emilia (gas distribution), and Iren Ambiente (environmental services). The company primarily uses hydroelectric, cogeneration, and wind power as energy sources. The majority of revenue is derived from the distribution and sale of electricity and natural gas products and services.

Iren SpA (MIL:IRE) Headlines

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