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). MIC Electronics's share price for the quarter that ended in Mar. 2026 was ₹29.97. MIC Electronics's Shares Outstanding (EOP) for the quarter that ended in Mar. 2026 was 241 Mil. Therefore, MIC Electronics's market cap for the quarter that ended in Mar. 2026 was ₹7,223 Mil.
MIC Electronics's quarterly market cap
declined
from Sep. 2025 (₹13,810 Mil) to Dec. 2025 (₹10,588 Mil) and
declined
from Dec. 2025 (₹10,588 Mil) to Mar. 2026 (₹7,223 Mil).
MIC Electronics's annual market cap
increased
from Mar. 2024 (₹8,747 Mil) to Mar. 2025 (₹12,776 Mil) but then
declined
from Mar. 2025 (₹12,776 Mil) to Mar. 2026 (₹7,223 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. MIC Electronics's Enterprise Value for Today is ₹9,788 Mil.
MIC Electronics (NSE:MICEL) 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.
MIC Electronics Market Cap Related Terms
MIC Electronics Market Cap Historical Data
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The historical data trend for MIC Electronics'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 Electronic Components subindustry, MIC Electronics'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.
MIC Electronics Market Cap vs Hardware Industry
For the Hardware industry and Technology sector, MIC Electronics's Market Cap distribution charts can be found below:
* The bar in red indicates where MIC Electronics'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.
MIC Electronics's Market Cap for the fiscal year that ended in Mar. 2026 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.
MIC Electronics (NSE:MICEL) has a Market Cap of ₹9,450 Mil as of Jul. 03, 2026. Market cap equals the total value of a company's shares: price times shares outstanding. View historical data on MIC Electronics and its competitors. According to the industry distribution chart, MIC Electronics ranks #1532 out of 2519 companies in the Hardware industry, placing it in the top 60.8%.
Is MIC Electronics' Market Cap too high?
MIC Electronics' current Market Cap is ₹9,450 Mil. Based on the distribution chart, MIC Electronics ranks #1532 out of 2519 companies in the Hardware industry, which is below the industry midpoint. Overall, MIC Electronics has a GF Score™ of 71/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does MIC Electronics' Market Cap compare to APH and GLW?
According to the Hardware industry distribution chart, MIC Electronics ranks #1532 out of 2519 companies for Market Cap. This places MIC Electronics in the lower half of its industry. The industry median Market Cap is 210.35. 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 a Hardware company?
The median Market Cap among Hardware companies is 210.35, based on 2,519 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 MIC Electronics and its competitors. For the Hardware industry, the median Market Cap is 210.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MIC Electronics's current Market Cap is ₹9,450 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MIC Electronics stock overvalued right now?
Based on GuruFocus' analysis, MIC Electronics (NSE:MICEL) is currently considered Possible Value Trap. The stock's GF Value™ is ₹208.43, compared to a current price of ₹39.19 — trading 81.2% below its estimated fair value. The current Market Cap is ₹9,450 Mil. MIC Electronics' overall GF Score™ is 71/100 with 2 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 MIC Electronics (NSE:MICEL), the current Market Cap is ₹9,450 Mil as of Jul. 03, 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 MIC Electronics (NSE:MICEL) Overvalued in 2026?
Based on GuruFocus' analysis, MIC Electronics stock appears to be undervalued.
The current stock price of ₹39.19 is trading 81.2% below its estimated GF Value™ of ₹208.43.
GuruFocus considers MIC Electronics to be Possible Value Trap.
Key valuation signals for NSE:MICEL:
Market Cap: ₹9,450 Mil
GF Value™: ₹208.43 vs. price of ₹39.19 (81.2% below fair value)
No single metric tells the full story. See the NSE:MICEL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MIC Electronics Ltd designs, develops, and manufactures light-emitting diode (LED) video displays, and other electronic components. The operating segments of the group are LED products; Medical appliances and E Vehicles. Its products include LED lighting, LED displays, Oxygen concentrators, and Batteries. The company predominantly operates in India.
71GF Score
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