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Nordic Asia Investment Group 1987 AB (OSTO:NAIG B) Market Cap : kr114.59 Mil (As of Jun. 13, 2024)


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What is Nordic Asia Investment Group 1987 AB Market Cap?

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). Nordic Asia Investment Group 1987 AB's share price for the quarter that ended in Mar. 2024 was kr3.64. Nordic Asia Investment Group 1987 AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 32.10 Mil. Therefore, Nordic Asia Investment Group 1987 AB's market cap for the quarter that ended in Mar. 2024 was kr116.84 Mil.

Nordic Asia Investment Group 1987 AB's quarterly market cap declined from Sep. 2023 (kr138.02 Mil) to Dec. 2023 (kr111.38 Mil) but then increased from Dec. 2023 (kr111.38 Mil) to Mar. 2024 (kr116.84 Mil).

Nordic Asia Investment Group 1987 AB's annual market cap declined from Dec. 2021 (kr258.58 Mil) to Dec. 2022 (kr188.94 Mil) and declined from Dec. 2022 (kr188.94 Mil) to Dec. 2023 (kr111.38 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. Nordic Asia Investment Group 1987 AB's Enterprise Value for Today is kr103.44 Mil.


Nordic Asia Investment Group 1987 AB Market Cap Historical Data

The historical data trend for Nordic Asia Investment Group 1987 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.

* Premium members only.

Nordic Asia Investment Group 1987 AB Market Cap Chart

Nordic Asia Investment Group 1987 AB Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Market Cap
- 258.58 188.94 111.38

Nordic Asia Investment Group 1987 AB Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Market Cap Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 201.31 160.49 138.02 111.38 116.84

Competitive Comparison of Nordic Asia Investment Group 1987 AB's Market Cap

For the Asset Management subindustry, Nordic Asia Investment Group 1987 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.


Nordic Asia Investment Group 1987 AB's Market Cap Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Nordic Asia Investment Group 1987 AB's Market Cap distribution charts can be found below:

* The bar in red indicates where Nordic Asia Investment Group 1987 AB's Market Cap falls into.



Nordic Asia Investment Group 1987 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.

Nordic Asia Investment Group 1987 AB's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as

Market Cap (A: Dec. 2023 )=Share Price (A: Dec. 2023 )*Shares Outstanding (EOP) (A: Dec. 2023 )
=kr3.47*32.0981
=kr111.38

Nordic Asia Investment Group 1987 AB's Market Cap for the quarter that ended in Mar. 2024 is calculated as

Market Cap (Q: Mar. 2024 )=Share Price (Q: Mar. 2024 )*Shares Outstanding (EOP) (Q: Mar. 2024 )
=kr3.64*32.0981
=kr116.84

* 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.


Nordic Asia Investment Group 1987 AB  (OSTO:NAIG B) 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 company’s 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.


Nordic Asia Investment Group 1987 AB Market Cap Related Terms

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Nordic Asia Investment Group 1987 AB (OSTO:NAIG B) Business Description

Traded in Other Exchanges
N/A
Address
Sankt Eriksgatan 63 B, 5tr, Stockholm, SWE, 112 34
Nordic Asia Investment Group 1987 AB is an investment company with a focus on long-term and strategic shareholding in market Chinese companies with exposure to the domestic consumer market in China.

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