Encore Capital Group's quarterly market cap
increased
from Sep. 2023 ($1,124 Mil) to Dec. 2023 ($1,195 Mil) but then
declined
from Dec. 2023 ($1,195 Mil) to Mar. 2024 ($1,080 Mil).
Encore Capital Group's annual market cap
declined
from Dec. 2021 ($1,524 Mil) to Dec. 2022 ($1,118 Mil) but then
increased
from Dec. 2022 ($1,118 Mil) to Dec. 2023 ($1,195 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. Encore Capital Group's Enterprise Value for Today is $4,307 Mil.
Encore Capital Group Market Cap Historical Data
The historical data trend for Encore Capital Group'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 Encore Capital Group's Market Cap
For the Mortgage Finance subindustry, Encore Capital Group'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.
Encore Capital Group's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Encore Capital Group's Market Cap distribution charts can be found below:
* The bar in red indicates where Encore Capital Group's Market Cap falls into.
Encore Capital Group 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.
Encore Capital Group'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.
Encore Capital Group (NAS:ECPG) 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.
Encore Capital Group Market Cap Related Terms
Thank you for viewing the detailed overview of Encore Capital Group's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Encore Capital Group (Encore Capital Group) Business Description
Encore Capital Group Inc is a specialty finance company. It provides debt recovery solutions for consumers and property owners across a broad range of financial assets. The company purchase portfolios of defaulted consumer receivables at deep discounts to face value and manage them by working with individuals as the consumer repay their obligations and work toward financial recovery. Encore has only a reportable segment being portfolio purchasing and recovery.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ECPG has been successfully added to your 