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TextMagic AS (OTSE:MAGIC) Market Cap : €36.72 Mil (As of May. 30, 2024)


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What is TextMagic 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). TextMagic AS's share price for the quarter that ended in Dec. 2023 was €4.2. TextMagic AS's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 8.50 Mil. Therefore, TextMagic AS's market cap for the quarter that ended in Dec. 2023 was €35.70 Mil.

TextMagic AS's quarterly market cap increased from Dec. 2022 (€60.99 Mil) to Jun. 2023 (€62.05 Mil) but then declined from Jun. 2023 (€62.05 Mil) to Dec. 2023 (€35.70 Mil).

TextMagic AS's annual market cap declined from Dec. 2021 (€76.16 Mil) to Dec. 2022 (€60.99 Mil) and declined from Dec. 2022 (€60.99 Mil) to Dec. 2023 (€35.70 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. TextMagic AS's Enterprise Value for Today is €30.32 Mil.

TextMagic AS Market Cap Historical Data

The historical data trend for TextMagic 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.

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TextMagic AS Market Cap Chart

TextMagic AS Annual Data
Trend Dec21 Dec22 Dec23
Market Cap
76.16 60.99 35.70

TextMagic AS Semi-Annual Data
Jun22 Dec22 Jun23 Dec23
Market Cap 59.50 60.99 62.05 35.70

Competitive Comparison of TextMagic AS's Market Cap

For the Software - Application subindustry, TextMagic 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.

TextMagic AS's Market Cap Distribution in the Software Industry

For the Software industry and Technology sector, TextMagic AS's Market Cap distribution charts can be found below:

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


TextMagic 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.

TextMagic 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 )
=€4.2*8.5
=€35.70

TextMagic AS's Market Cap for the quarter that ended in Dec. 2023 is calculated as

Market Cap (Q: Dec. 2023 )=Share Price (Q: Dec. 2023 )*Shares Outstanding (EOP) (Q: Dec. 2023 )
=€4.2*8.5
=€35.70

* 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.

TextMagic AS  (OTSE:MAGIC) 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.

TextMagic AS Market Cap Related Terms

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TextMagic AS (OTSE:MAGIC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TextMagic AS (OTSE:MAGIC) » Definitions » Market Cap
Comparable Companies
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Traded in Other Exchanges
N/A
Address
Moisa Road 4, Tallinn, EST, 13522
Website
https://www.textmagic.com
TextMagic AS is an international text messaging company that helps small and medium-sized businesses to engage with customers. It operates mainly in the U.S., the U.K., Canada, and Australia. TextMagic enables companies to transform customer experiences through its easy-to-use text messaging marketing software, which can be used for sending notifications, alerts, reminders, confirmations, and SMS marketing campaigns anytime, anywhere. The majority of revenue is derived from the United States and Canada.

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