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Ignitis Group AB (OVSE:IGN1L) Market Cap : €1,488 Mil (As of Mar. 25, 2025)


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What is Ignitis Group 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). Ignitis Group AB's share price for the quarter that ended in Dec. 2024 was €19.58. Ignitis Group AB's Shares Outstanding (EOP) for the quarter that ended in Dec. 2024 was 72 Mil. Therefore, Ignitis Group AB's market cap for the quarter that ended in Dec. 2024 was €1,417 Mil.

Ignitis Group AB's quarterly market cap increased from Jun. 2024 (€1,332 Mil) to Sep. 2024 (€1,359 Mil) and increased from Sep. 2024 (€1,359 Mil) to Dec. 2024 (€1,417 Mil).

Ignitis Group AB's annual market cap declined from Dec. 2022 (€1,376 Mil) to Dec. 2023 (€1,364 Mil) but then increased from Dec. 2023 (€1,364 Mil) to Dec. 2024 (€1,417 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. Ignitis Group AB's Enterprise Value for Today is €3,122 Mil.


Ignitis Group AB Market Cap Historical Data

The historical data trend for Ignitis Group 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.

Ignitis Group AB Market Cap Chart

Ignitis Group AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Market Cap
Get a 7-Day Free Trial 1,548.82 1,533.86 1,375.89 1,363.81 1,417.38

Ignitis Group AB Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1,363.81 1,346.44 1,331.96 1,359.47 1,417.38

Competitive Comparison of Ignitis Group AB's Market Cap

For the Utilities - Diversified subindustry, Ignitis Group 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.


Ignitis Group AB's Market Cap Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Ignitis Group AB's Market Cap distribution charts can be found below:

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



Ignitis Group 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.

Ignitis Group AB's Market Cap for the fiscal year that ended in Dec. 2024 is calculated as

Market Cap (A: Dec. 2024 )=Share Price (A: Dec. 2024 )*Shares Outstanding (EOP) (A: Dec. 2024 )
=€19.58*72.389
=€1,417

Ignitis Group AB's Market Cap for the quarter that ended in Dec. 2024 is calculated as

Market Cap (Q: Dec. 2024 )=Share Price (Q: Dec. 2024 )*Shares Outstanding (EOP) (Q: Dec. 2024 )
=€19.58*72.389
=€1,417

* 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.


Ignitis Group AB  (OVSE:IGN1L) 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.


Ignitis Group AB Market Cap Related Terms

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Ignitis Group AB Business Description

Traded in Other Exchanges
Address
Laisves Avenue 10, Vilnius, LTU, LT-04215
Ignitis Group AB is engaged in green electricity generation and development of green and flexible technologies, energy distribution and supply, development of energy-smart solutions and other related activities. It is focusing on green generation and green flexibility technologies: onshore and offshore wind, batteries, pumped-storage hydro and power-to-X (P2X).

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