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). Sparebanken More's share price for the quarter that ended in Dec. 2023 was kr84. Sparebanken More's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 49 Mil. Therefore, Sparebanken More's market cap for the quarter that ended in Dec. 2023 was kr4,137 Mil.
Sparebanken More's quarterly market cap
increased
from Jun. 2023 (kr3,810 Mil) to Sep. 2023 (kr3,824 Mil) and
increased
from Sep. 2023 (kr3,824 Mil) to Dec. 2023 (kr4,137 Mil).
Sparebanken More's annual market cap
declined
from Dec. 2021 (kr4,380 Mil) to Dec. 2022 (kr4,160 Mil) and
declined
from Dec. 2022 (kr4,160 Mil) to Dec. 2023 (kr4,137 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. Sparebanken More's Enterprise Value for Today is kr42,655 Mil.
Sparebanken More Market Cap Historical Data
The historical data trend for Sparebanken More'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 Sparebanken More's Market Cap
For the Banks - Regional subindustry, Sparebanken More'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.
Sparebanken More's Market Cap Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Sparebanken More's Market Cap distribution charts can be found below:
* The bar in red indicates where Sparebanken More's Market Cap falls into.
Sparebanken More 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.
Sparebanken More'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.
Sparebanken More (OSL:MORG) 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.
Sparebanken More Market Cap Related Terms
Thank you for viewing the detailed overview of Sparebanken More's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Sparebanken Møre is a Norway-based banking corporation. It engaged in providing retail and commercial banking services to its customers. Products and services provided by the company include deposits, saving accounts, asset management, financial advisory services, payment transfers, foreign exchange and interest trading, insurance, and real estate brokerage. In addition, the company also provides real estate brokerage services for both residential homes and commercial properties. It mainly concentrates on maritime, offshore and supply, real estate, trade, and services as well as insurance industries. It firm manages its business into three segments Corporate, Retail, and Real estate brokerage. The revenue of the company comprises interest, fees, commission, and other income.
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