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ELMO Rent AS (OTSE:ELMO) Market Cap : €0.73 Mil (As of Dec. 11, 2024)


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What is ELMO Rent AS 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). ELMO Rent AS's share price for the quarter that ended in Jun. 2024 was €0.285. ELMO Rent AS's Shares Outstanding (EOP) for the quarter that ended in Jun. 2024 was 2.46 Mil. Therefore, ELMO Rent AS's market cap for the quarter that ended in Jun. 2024 was €0.70 Mil.

ELMO Rent AS's quarterly market cap declined from Jun. 2023 (€4.59 Mil) to Dec. 2023 (€1.06 Mil) and declined from Dec. 2023 (€1.06 Mil) to Jun. 2024 (€0.70 Mil).

ELMO Rent AS's annual market cap declined from Dec. 2021 (€12.99 Mil) to Dec. 2022 (€5.39 Mil) and declined from Dec. 2022 (€5.39 Mil) to Dec. 2023 (€1.06 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. ELMO Rent AS's Enterprise Value for Today is €4.01 Mil.


ELMO Rent AS Market Cap Historical Data

The historical data trend for ELMO Rent AS'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.

ELMO Rent AS Market Cap Chart

ELMO Rent AS Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Market Cap
- - 12.99 5.39 1.06

ELMO Rent AS Semi-Annual Data
Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Market Cap Get a 7-Day Free Trial Premium Member Only 5.11 5.39 4.59 1.06 0.70

Competitive Comparison of ELMO Rent AS's Market Cap

For the Rental & Leasing Services subindustry, ELMO Rent AS'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.


ELMO Rent AS's Market Cap Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ELMO Rent AS's Market Cap distribution charts can be found below:

* The bar in red indicates where ELMO Rent AS's Market Cap falls into.



ELMO Rent AS 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.

ELMO Rent AS'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 )
=€0.432*2.45636
=€1.06

ELMO Rent AS's Market Cap for the quarter that ended in Jun. 2024 is calculated as

Market Cap (Q: Jun. 2024 )=Share Price (Q: Jun. 2024 )*Shares Outstanding (EOP) (Q: Jun. 2024 )
=€0.285*2.45636
=€0.70

* 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.


ELMO Rent AS  (OTSE:ELMO) 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.


ELMO Rent AS Market Cap Related Terms

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ELMO Rent AS Business Description

Traded in Other Exchanges
N/A
Address
Kivi 12, Laane-Harju Vald, Harju maakond, Paldiski linn, EST, 76805
ELMO Rent AS provides green vehicle-sharing services and develops, launches, and scales related green and innovative technologies, such as a vehicle fleet IT operation system, an automatic controller, and a remotely controlled vehicle.

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