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). Ardova's share price for the quarter that ended in Jun. 2022 was ₦13.05. Ardova's Shares Outstanding (EOP) for the quarter that ended in Jun. 2022 was 1,305 Mil. Therefore, Ardova's market cap for the quarter that ended in Jun. 2022 was ₦17,031 Mil.
Ardova's quarterly market cap
declined
from Dec. 2021 (₦16,965 Mil) to Mar. 2022 (₦15,660 Mil) but then
increased
from Mar. 2022 (₦15,660 Mil) to Jun. 2022 (₦17,031 Mil).
Ardova's annual market cap
declined
from Dec. 2019 (₦23,621 Mil) to Dec. 2020 (₦17,683 Mil) and
declined
from Dec. 2020 (₦17,683 Mil) to Dec. 2021 (₦16,965 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. Ardova's Enterprise Value for Today is ₦60,858 Mil.
Ardova Market Cap Historical Data
The historical data trend for Ardova'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.
For the Oil & Gas Refining & Marketing subindustry, Ardova'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.
Ardova's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Ardova's Market Cap distribution charts can be found below:
* The bar in red indicates where Ardova's Market Cap falls into.
Ardova 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.
Ardova's Market Cap for the fiscal year that ended in Dec. 2021 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.
Ardova (NSA:ARDOVA) 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.
Ardova Market Cap Related Terms
Thank you for viewing the detailed overview of Ardova's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ardova PLC integrated energy company in Nigeria involved in the marketing of petroleum products. The company also provides aircraft refueling operations at its Aviation Joint User's hydrants in Ikeja and Joint Aviation depots in Abuja, Port Harcourt, and Kano as a provider of aviation fuel for local and international airlines. It also procures and markets Liquefied Petroleum Gas. It manufactures and distributes a wide range of quality lubricants, which include Super V, Visco 2000, and Diesel Motor Oil from its lubricating oil blending plant at its Apapa terminal in Lagos. The company is the sole authorized distributor of Shell Engine Oils and Lubricants for the Nigerian market. the company is also into renewable energy.
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