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). Kellanova Co's share price for the quarter that ended in Dec. 2023 was $55.91. Kellanova Co's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 341 Mil. Therefore, Kellanova Co's market cap for the quarter that ended in Dec. 2023 was $19,042 Mil.
Kellanova Co's quarterly market cap
declined
from Jun. 2023 ($21,651 Mil) to Sep. 2023 ($19,097 Mil) and
declined
from Sep. 2023 ($19,097 Mil) to Dec. 2023 ($19,042 Mil).
Kellanova Co's annual market cap
increased
from Dec. 2021 ($20,635 Mil) to Dec. 2022 ($22,848 Mil) but then
declined
from Dec. 2022 ($22,848 Mil) to Dec. 2023 ($19,042 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. Kellanova Co's Enterprise Value for Today is $26,324 Mil.
Kellanova Co Market Cap Historical Data
The historical data trend for Kellanova Co'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.
Competitive Comparison of Kellanova Co's Market Cap
For the Packaged Foods subindustry, Kellanova Co'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.
Kellanova Co's Market Cap Distribution in the Consumer Packaged Goods Industry
For the Consumer Packaged Goods industry and Consumer Defensive sector, Kellanova Co's Market Cap distribution charts can be found below:
* The bar in red indicates where Kellanova Co's Market Cap falls into.
Kellanova Co 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.
Kellanova Co'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.
Kellanova Co (NYSE:K) 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.
Kellanova Co Market Cap Related Terms
Thank you for viewing the detailed overview of Kellanova Co's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Following its split from the North American cereal business, Kellanova (previously the global snacking arm of Kellogg) is a leading global manufacturer and marketer of salty snacks, snack bars, frozen breakfast fare, meat alternatives, and other packaged foods. Its offerings are manufactured in around 20 countries and marketed in more than 180 countries. Its product mix includes well-known brands such as Pringles, Cheez-It, Rice Krispies Treats, Pop-Tarts, Eggo, Nutri-Grain, and Morningstar Farms. Sales beyond its home turf account for about half of Kellanova's consolidated sales base.
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