GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » North Eastern Carrying Corp Ltd (NSE:NECCLTD) » Definitions » Market Cap

North Eastern Carrying (NSE:NECCLTD) Market Cap : ₹2,404 Mil (As of May. 13, 2024)


View and export this data going back to 2016. Start your Free Trial

What is North Eastern Carrying Market Cap?

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). North Eastern Carrying's share price for the quarter that ended in Dec. 2023 was ₹28.65. North Eastern Carrying's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 95 Mil. Therefore, North Eastern Carrying's market cap for the quarter that ended in Dec. 2023 was ₹2,732 Mil.

North Eastern Carrying's quarterly market cap increased from Jun. 2023 (₹971 Mil) to Sep. 2023 (₹2,194 Mil) and increased from Sep. 2023 (₹2,194 Mil) to Dec. 2023 (₹2,732 Mil).

North Eastern Carrying's annual market cap increased from Mar. 2021 (₹399 Mil) to Mar. 2022 (₹1,630 Mil) but then declined from Mar. 2022 (₹1,630 Mil) to Mar. 2023 (₹898 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. North Eastern Carrying's Enterprise Value for Today is ₹3,313 Mil.


North Eastern Carrying Market Cap Historical Data

The historical data trend for North Eastern Carrying'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.

* Premium members only.

North Eastern Carrying Market Cap Chart

North Eastern Carrying Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Market Cap
Get a 7-Day Free Trial Premium Member Only Premium Member Only 416.30 175.55 398.75 1,630.09 897.81

North Eastern Carrying Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1,246.39 897.81 971.32 2,193.62 2,732.49

Competitive Comparison of North Eastern Carrying's Market Cap

For the Trucking subindustry, North Eastern Carrying'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.


North Eastern Carrying's Market Cap Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, North Eastern Carrying's Market Cap distribution charts can be found below:

* The bar in red indicates where North Eastern Carrying's Market Cap falls into.



North Eastern Carrying 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.

North Eastern Carrying's Market Cap for the fiscal year that ended in Mar. 2023 is calculated as

Market Cap (A: Mar. 2023 )=Share Price (A: Mar. 2023 )*Shares Outstanding (EOP) (A: Mar. 2023 )
=₹16.5696*54.1839
=₹898

North Eastern Carrying's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=₹28.65*95.3749
=₹2,732

* 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.


North Eastern Carrying  (NSE:NECCLTD) 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 company’s 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.


North Eastern Carrying Market Cap Related Terms

Thank you for viewing the detailed overview of North Eastern Carrying's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.


North Eastern Carrying (NSE:NECCLTD) Business Description

Traded in Other Exchanges
Address
Ram Bagh Road, Azad Market, NECC House, 9062/47, Delhi, IND, 110006
North Eastern Carrying Corp Ltd is engaged in the business of transportation. The firm offers freight management and customized logistics solutions. NECC offers; Parcel load movement; Full truckload services; Containerized movement of cargo; ODC Movement: Bulk Movement: Storage facility, and other transport-related services. Geographically the company has a presence in Nepal and operational setups in Bhutan and Bangladesh. It generates substantial revenue from Freight.

North Eastern Carrying (NSE:NECCLTD) Headlines

No Headlines