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). Orsted A/S's share price for the quarter that ended in Dec. 2023 was kr374.3. Orsted A/S's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 420 Mil. Therefore, Orsted A/S's market cap for the quarter that ended in Dec. 2023 was kr157,292 Mil.
Orsted A/S's quarterly market cap
declined
from Jun. 2023 (kr271,062 Mil) to Sep. 2023 (kr161,889 Mil) and
declined
from Sep. 2023 (kr161,889 Mil) to Dec. 2023 (kr157,292 Mil).
Orsted A/S's annual market cap
declined
from Dec. 2021 (kr350,928 Mil) to Dec. 2022 (kr265,289 Mil) and
declined
from Dec. 2022 (kr265,289 Mil) to Dec. 2023 (kr157,292 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. Orsted A/S's Enterprise Value for Today is kr212,295 Mil.
Orsted A/S Market Cap Historical Data
The historical data trend for Orsted A/S'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 Utilities - Renewable subindustry, Orsted A/S'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.
Orsted A/S's Market Cap Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Orsted A/S's Market Cap distribution charts can be found below:
* The bar in red indicates where Orsted A/S's Market Cap falls into.
Orsted A/S 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.
Orsted A/S'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.
Orsted A/S (OCSE:ORSTED) 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.
Orsted A/S Market Cap Related Terms
Thank you for viewing the detailed overview of Orsted A/S's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Danish company Orsted was named Dong Energy until the sale of all its oil and gas fields to Ineos in 2017, soon after the May 2016 initial public offering. Orsted is now focused on renewable assets, especially offshore wind farms. It operated 8.9 gigawatts of offshore wind farms at the end of 2022. The United Kingdom is the biggest country of operation, ahead of Germany and Denmark. The group intends to develop its footprint outside Europe with projects in Taiwan and in the U.S. Orsted also operates 4.2 GW of onshore wind and solar assets concentrated in the United States. The company is also involved in more traditional utilities business like conventional power plants and gas supply, but these activities are noncore.
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