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LightAir ABNGM:LAIR 34 Market Cap is kr26.52 Mil as of Jul. 14, 2026. GuruFocus rates NGM:LAIR with a GF Score™ of 34/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 3,094 Industrial Products companies, LightAir AB ranks worse than 97.8% on this metric.
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). LightAir AB's share price for the quarter that ended in Dec. 2025 was kr0.58. LightAir AB's Shares Outstanding (EOP) for the quarter that ended in Dec. 2025 was 38.43 Mil. Therefore, LightAir AB's market cap for the quarter that ended in Dec. 2025 was kr22.29 Mil.
LightAir AB's quarterly market cap
declined
from Dec. 2024 (kr10.72 Mil) to Jun. 2025 (kr7.72 Mil) but then
increased
from Jun. 2025 (kr7.72 Mil) to Dec. 2025 (kr22.29 Mil).
LightAir AB's annual market cap
declined
from Dec. 2023 (kr20.97 Mil) to Dec. 2024 (kr10.72 Mil) but then
increased
from Dec. 2024 (kr10.72 Mil) to Dec. 2025 (kr22.29 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. LightAir AB's Enterprise Value for Today is kr7.06 Mil.
LightAir AB (NGM:LAIR) 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.
LightAir AB Market Cap Related Terms
LightAir AB Market Cap Historical Data
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The historical data trend for LightAir AB'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.
NGM:LAIR vs VLTO, ZWS, CECO: Market Cap Comparison
For the Pollution & Treatment Controls subindustry, LightAir AB'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.
LightAir AB Market Cap vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, LightAir AB's Market Cap distribution charts can be found below:
* The bar in red indicates where LightAir AB's Market Cap falls into.
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.
LightAir AB's Market Cap for the fiscal year that ended in Dec. 2025 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.
LightAir AB (NGM:LAIR) has a Market Cap of kr26.52 Mil as of Jul. 14, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on LightAir AB and its competitors. According to the industry distribution chart, LightAir AB ranks #3026 out of 3094 companies in the Industrial Products industry, placing it in the top 97.8%.
Is LightAir AB's Market Cap too high?
LightAir AB's current Market Cap is kr26.52 Mil. Based on the distribution chart, LightAir AB ranks #3026 out of 3094 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, LightAir AB has a GF Score™ of 34/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's Market Cap compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, LightAir AB ranks #3026 out of 3094 companies for Market Cap. This places LightAir AB in the lower half of its industry. The industry median Market Cap is 272.82. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Market Cap for an Industrial Products company?
The median Market Cap among Industrial Products companies is 272.82, based on 3,094 companies in the industry. Companies in the top quartile (top 25%) have a Market Cap significantly above this median, while those in the bottom quartile fall well below. However, Market Cap should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Market Cap mean?
A high Market Cap can signal that a stock is expensive relative to its fundamentals. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on LightAir AB and its competitors. For the Industrial Products industry, the median Market Cap is 272.82 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. LightAir AB's current Market Cap is kr26.52 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.69 — trading 146.4% above its estimated fair value. The current Market Cap is kr26.52 Mil. LightAir AB's overall GF Score™ is 34/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Market Cap calculated?
Market Cap is calculated from a company's financial statements. For LightAir AB (NGM:LAIR), the current Market Cap is kr26.52 Mil as of Jul. 14, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is LightAir AB (NGM:LAIR) Overvalued in 2026?
Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued.
The current stock price of kr0.69 is trading 146.4% above its estimated GF Value™ of kr0.28.
GuruFocus considers LightAir AB to be Significantly Overvalued.
Key valuation signals for NGM:LAIR:
Market Cap: kr26.52 Mil
GF Value™: kr0.28 vs. price of kr0.69 (146.4% above fair value)
No single metric tells the full story. See the NGM:LAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
34GF Score
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