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SIT SpA (MIL:SIT) Market Cap : €44.7 Mil (As of Jun. 10, 2024)


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What is SIT 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). SIT SpA's share price for the quarter that ended in Dec. 2023 was €3.4. SIT SpA's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 24.3 Mil. Therefore, SIT SpA's market cap for the quarter that ended in Dec. 2023 was €82.7 Mil.

SIT SpA's quarterly market cap declined from Dec. 2022 (€149.3 Mil) to Jun. 2023 (€91.6 Mil) and declined from Jun. 2023 (€91.6 Mil) to Dec. 2023 (€82.7 Mil).

SIT SpA's annual market cap declined from Dec. 2021 (€262.1 Mil) to Dec. 2022 (€149.3 Mil) and declined from Dec. 2022 (€149.3 Mil) to Dec. 2023 (€82.7 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. SIT SpA's Enterprise Value for Today is €191.6 Mil.


SIT SpA Market Cap Historical Data

The historical data trend for SIT 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.

SIT SpA Market Cap Chart

SIT SpA Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial 176.37 145.18 262.09 149.26 82.65

SIT SpA Semi-Annual Data
Jun16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 262.09 172.25 149.26 91.65 82.65

Competitive Comparison of SIT SpA's Market Cap

For the Specialty Industrial Machinery subindustry, SIT 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.


SIT SpA's Market Cap Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, SIT SpA's Market Cap distribution charts can be found below:

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



SIT 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.

SIT 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 )
=€3.4*24.3098
=€82.7

SIT 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 )
=€3.4*24.3098
=€82.7

* 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.


SIT SpA  (MIL:SIT) 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.


SIT SpA Market Cap Related Terms

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SIT SpA (MIL:SIT) Business Description

Traded in Other Exchanges
N/A
Address
Viale A. Volta, 2, Cusago, Milan, ITA, 20090
SIT SpA is engaged in the manufacture of industrial products. The company products include timing belt drives, polyurethane belt drives, V-belt drives, POLY-V belt drives, flat belt drives, chain drives, couplings, locking devices, bearing units and rod ends, antivibration mounts, and electronic equipment, motor bases, tensioners, and TEN-SIT. The company exports its products to Spain, France, Germany, Switzerland, the USA, and China.

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