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). Marine Products's share price for the quarter that ended in Dec. 2023 was $11.4. Marine Products's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 34.5 Mil. Therefore, Marine Products's market cap for the quarter that ended in Dec. 2023 was $392.9 Mil.
Marine Products's quarterly market cap
declined
from Jun. 2023 ($581.1 Mil) to Sep. 2023 ($489.8 Mil) and
declined
from Sep. 2023 ($489.8 Mil) to Dec. 2023 ($392.9 Mil).
Marine Products's annual market cap
declined
from Dec. 2021 ($424.9 Mil) to Dec. 2022 ($402.7 Mil) and
declined
from Dec. 2022 ($402.7 Mil) to Dec. 2023 ($392.9 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. Marine Products's Enterprise Value for Today is $318.2 Mil.
Marine Products Market Cap Historical Data
The historical data trend for Marine Products'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 Marine Products's Market Cap
For the Recreational Vehicles subindustry, Marine Products'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.
Marine Products's Market Cap Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Marine Products's Market Cap distribution charts can be found below:
* The bar in red indicates where Marine Products's Market Cap falls into.
Marine Products 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.
Marine Products'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.
Marine Products (NYSE:MPX) 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.
Marine Products Market Cap Related Terms
Thank you for viewing the detailed overview of Marine Products's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Marine Products (Marine Products) Business Description
Marine Products Corp is a manufacturer of fiberglass motorized boats distributed and marketed through its independent dealer network. It operates in the Powerboat Manufacturing business segment through Nashville, Georgia, Valdosta, and Georgia. Its product offerings include Chaparral sterndrive, outboard, and jet pleasure boats and Robalo outboard sport fishing boats. The company offers its products to the family recreational and cruiser markets through its Chaparral brand and to the sportfishing market through its Robalo brand.
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