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). Loomis AB's share price for the quarter that ended in Dec. 2023 was kr267.6. Loomis AB's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 71 Mil. Therefore, Loomis AB's market cap for the quarter that ended in Dec. 2023 was kr19,019 Mil.
Loomis AB's quarterly market cap
declined
from Jun. 2023 (kr22,359 Mil) to Sep. 2023 (kr20,938 Mil) and
declined
from Sep. 2023 (kr20,938 Mil) to Dec. 2023 (kr19,019 Mil).
Loomis AB's annual market cap
increased
from Dec. 2021 (kr17,775 Mil) to Dec. 2022 (kr20,494 Mil) but then
declined
from Dec. 2022 (kr20,494 Mil) to Dec. 2023 (kr19,019 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. Loomis AB's Enterprise Value for Today is kr27,936 Mil.
Loomis AB Market Cap Historical Data
The historical data trend for Loomis AB'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 Security & Protection Services subindustry, Loomis AB'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.
Loomis AB's Market Cap Distribution in the Business Services Industry
For the Business Services industry and Industrials sector, Loomis AB's Market Cap distribution charts can be found below:
* The bar in red indicates where Loomis AB's Market Cap falls into.
Loomis AB 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.
Loomis AB'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.
Loomis AB (OSTO:LOOMIS) 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.
Loomis AB Market Cap Related Terms
Thank you for viewing the detailed overview of Loomis AB's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
Loomis AB is a Sweden-based company primarily engaged in cash handling services, which include cash in transit, or CIT, and cash management services, or CMS. CIT involves transporting cash to and from stores, banks and ATMs. CMS involves moving cash from customers to Loomis' cash centers where Loomis counts and packages bills and coins with quality assurance. CMS also involves cash flow analyzing, forecasting, and reporting, as well as other customized solutions. Besides CIT and CMS, Loomis also provides cross-border transportation services and general cargo services. Its segments are Europe, the United States, and Loomis Pay.
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