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Teqnion AB (OSTO:TEQ) Market Cap : kr3,693 Mil (As of Jun. 04, 2024)


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What is Teqnion 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). Teqnion AB's share price for the quarter that ended in Mar. 2024 was kr221. Teqnion AB's Shares Outstanding (EOP) for the quarter that ended in Mar. 2024 was 17 Mil. Therefore, Teqnion AB's market cap for the quarter that ended in Mar. 2024 was kr3,788 Mil.

Teqnion AB's quarterly market cap increased from Sep. 2023 (kr3,805 Mil) to Dec. 2023 (kr4,259 Mil) but then declined from Dec. 2023 (kr4,259 Mil) to Mar. 2024 (kr3,788 Mil).

Teqnion AB's annual market cap declined from Dec. 2021 (kr2,331 Mil) to Dec. 2022 (kr2,232 Mil) but then increased from Dec. 2022 (kr2,232 Mil) to Dec. 2023 (kr4,259 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. Teqnion AB's Enterprise Value for Today is kr3,913 Mil.


Teqnion AB Market Cap Historical Data

The historical data trend for Teqnion 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.

Teqnion AB Market Cap Chart

Teqnion AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
Get a 7-Day Free Trial 388.73 874.23 2,330.74 2,232.35 4,258.92

Teqnion AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3,113.03 3,791.40 3,804.75 4,258.92 3,787.61

Competitive Comparison of Teqnion AB's Market Cap

For the Industrial Distribution subindustry, Teqnion 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.


Teqnion AB's Market Cap Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Teqnion AB's Market Cap distribution charts can be found below:

* The bar in red indicates where Teqnion AB's Market Cap falls into.



Teqnion 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.

Teqnion 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 )
=kr248.5*17.1385
=kr4,259

Teqnion 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 )
=kr221*17.1385
=kr3,788

* 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.


Teqnion AB  (OSTO:TEQ) 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.


Teqnion AB Market Cap Related Terms

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Teqnion AB (OSTO:TEQ) Business Description

Traded in Other Exchanges
Address
Evenemangsgatan 31A, Solna, SWE, 169 79
Teqnion AB is an industrial group active in three business areas namely Industry, Growth and Niche. Through these, Teqnion offers leading products and specialist expertise in selected market niches. This includes components, machines, systems and services with high technology content. The company's business model is to grow both through organic growth in the subsidiaries and company acquisitions. Most of the group's sales are in the Nordic region with Sweden as the primary main market.

Teqnion AB (OSTO:TEQ) Headlines

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