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). Neste OYJ's share price for the quarter that ended in Mar. 2024 was $13.87. Neste OYJ's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 1,536 Mil. Therefore, Neste OYJ's market cap for the quarter that ended in Mar. 2024 was $21,310 Mil.
Neste OYJ's quarterly market cap
increased
from Sep. 2023 ($26,011 Mil) to Dec. 2023 ($27,311 Mil) but then
declined
from Dec. 2023 ($27,311 Mil) to Mar. 2024 ($21,310 Mil).
Neste OYJ's annual market cap
declined
from Dec. 2021 ($37,631 Mil) to Dec. 2022 ($35,393 Mil) and
declined
from Dec. 2022 ($35,393 Mil) to Dec. 2023 ($27,311 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. Neste OYJ's Enterprise Value for Today is $21,534 Mil.
Neste OYJ Market Cap Historical Data
The historical data trend for Neste OYJ'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, Neste OYJ'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.
Neste OYJ's Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Neste OYJ's Market Cap distribution charts can be found below:
* The bar in red indicates where Neste OYJ's Market Cap falls into.
Neste OYJ 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.
Neste OYJ'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.
Neste OYJ (OTCPK:NTOIY) 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.
Neste OYJ Market Cap Related Terms
Thank you for viewing the detailed overview of Neste OYJ's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Neste OYJ Formerly Neste Corp. offers renewable products and solutions and oil products to a host of global markets. Its business is divided into various segments, including oil products, renewable products, marketing and services and others. Oil products is the largest contributor of revenue; it caters to oil companies and businesses that market oil, lubricants, and fuel products. Neste's oil products business includes diesel fuels, gasoline, aviation and marine fuels, and light and heavy fuel oils. Neste is heavily involved in the Baltic region with its network of service stations and refineries.
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