Ocean Power Technologies's quarterly market cap
declined
from Jul. 2023 ($35.00 Mil) to Oct. 2023 ($17.52 Mil) but then
increased
from Oct. 2023 ($17.52 Mil) to Jan. 2024 ($17.96 Mil).
Ocean Power Technologies's annual market cap
declined
from Apr. 2021 ($131.67 Mil) to Apr. 2022 ($59.23 Mil) and
declined
from Apr. 2022 ($59.23 Mil) to Apr. 2023 ($28.59 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. Ocean Power Technologies's Enterprise Value for Today is $4.80 Mil.
Ocean Power Technologies Market Cap Historical Data
* 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 Ocean Power Technologies's Market Cap
For the Specialty Industrial Machinery subindustry, Ocean Power Technologies'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.
Ocean Power Technologies's Market Cap Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Ocean Power Technologies's Market Cap distribution charts can be found below:
* The bar in red indicates where Ocean Power Technologies's Market Cap falls into.
Ocean Power Technologies 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.
Ocean Power Technologies's Market Cap for the fiscal year that ended in Apr. 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.
Ocean Power Technologies (AMEX:OPTT) 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.
Ocean Power Technologies Market Cap Related Terms
Thank you for viewing the detailed overview of Ocean Power Technologies's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Ocean Power Technologies (Ocean Power Technologies) Business Description
Ocean Power Technologies Inc provides intelligent maritime solutions and services that enable safer, cleaner, and more productive ocean operations for the defense and security, oil and gas, science and research, and offshore wind markets. It provides ocean data collection and reporting, marine power, offshore communications, and Maritime Domain Awareness System (MDAS) products, integrated solutions, and consulting services. The company offers its products and services to a wide range of customers, including those in government and offshore energy, oil and gas, construction, wind power, and other industries. The company has operations in North and South America, Europe, Asia and Australia.
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